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On this episode of the HYS podcast, Nat and Pete sit down for a conversation with Bob McQuillan the Vice President of Franchise Development from Hand & Stone Franchise Corp.
During the episode, they hit on topics from why Hand & Stone has been so successful, what they look for in a candidate, why franchise consultants are important, and where the best cab sav comes from.
Anyone interested in owning their income will learn a lot from this conversation!
There are superheroes everywhere today. We focus on the world of business and franchising, but recently, we have seen so many people spring into action and volunteer to help others.
Pete and Nat may have a favorite from the DC or Marvel Universes', but now they are thinking of all the supermen and women who are helping those in need.
A business is like a tree. You plant it and let it grow. Everyone who planted a tree a few years ago isn't feeling this pandemic as hard as those who rent their income from a corporation.
If you have been laid off, or are fearing it, that is because your income isn't yours. You were borrowing your job. It's time to own it.
Nat and Pete have eight reasons why now is a terrific time to begin investigating a franchise. Even though we are in a downturn, there will be an upside and you will want to ride the wave up.
For those interested in investing in a franchise, now is a great time. There is no greater proof than the recent volatility in the stock market. Many portfolios are way down and it will take some time to recover. Investing in a business provides more stability and often a higher and more consistent return with less capital.
Nat and Pete go over all the forms of funding they typically see and how they are leveraged. This content of this episode is just as pertinent now as ever!
Right now we need strong leadership. The recent coronavirus pandemic is showing who is prepared and who isn't. Pete and Nat spend a few minutes discussing leadership at home, but also leadership in franchising and how that will decide outcomes when we all get through this together.
When looking for a franchise to invest in, there are many ways to get yourself into the pipeline with a franchisor. But most of the avenues turn out to be sales, sales, sales. They are treating you like a commodity.
Choosing a franchise consultant is a little different... and not all of them are equal. Your consultant should be like a concierge. They should get to know you and help you find the best fit.
Nat and Pete discuss all the different options someone has when investigating and how to discover the best route on this episode.
This is our first interview with a franchisor and it was fantastic... or trash-tastic... as Fred Tomlin and Sherrod Hunter from Accelerated Waste Solutions would say.
Pete discusses their business with them from its beginnings and through its evolution to today's patented "JunkShot" App. We also hear a few interesting stories of waste removal and trash pick-up along the way.
This episode is full of insights from franchisors and how they build their business, manage it, and what they offer.
After discussing Henry Ford quotes, Nat and Pete started talking about which current car in the Ford line-up Henry would be rolling down the road in.
The conversation moved to electrics and self-driving vehicles and the future of driving. This all has implications for the future and for how franchises will interact with the consumer.
You are interested in becoming a franchisee? Awesome! You are about to take a huge step in owning your income instead of renting it. But, do you know where to start?
Most people don't.
Enter Google. But it's the wild west out there. Everyone is vying for your attention and you don't know what is right or wrong, or how to even start.
Nat and Pete are here to help and will walk you through what the process should look like for you.
Nat and Pete are always working on building their skills. One way they find helpful is through reading books. Did you know the most successful CEOs read an average of sixty books a year! That's five a month.
Pete brings The Compound Effect by Darren Hardy to this episode. We have discussed it before, and it will probably come up again because it is that life-changing.
Nat talks about The One Thing: The Surprisingly Simple Truth Behind Extraordinary Results by Gary Keller. He shares his thoughts on how focusing on one thing a day has revolutionized his life.
From the publisher's feed
Every week Pete from Hire Yourself will give you some franchise, business, or entrepreneurial advice and information. The episodes are ten to twenty minutes long and are perfect for the commute to…