Hire Yourself Podcast

Pete and Nat are joined by Shirley Kefgen, a Senior Funding Consultant with FranFund, for this episode.

During this podcast they discuss all the different types of loan options available to franchisees from SBA loans to lines on brokerage accounts.

The episode closes with a discussion on the five most common franchise funding mistakes Shirley sees and how to avoid them.

Make sure to read the HIRE YOURSELF funding article for more information.

You'll want to grab your A1 boarding ticket for this podcast episode as we discuss Southwest Airlines.

Nat and Pete examine their mutual love for the airline and why they feel it would make an incredible franchise concept. They relate the customer experience, the processes and systems, and customer service back to franchises throughout. 

 

The process of selecting the right franchise is so important to the success of a franchisee and it isn't something to rush through. 

HIRE YOURSELF specializes in helping people select the perfect franchise and in this episode Nat and Pete talk about the process and what candidates should look for in a franchise to find a match.

They discuss deciding if you want to work in or on the franchise. There are huge differences between those two options and the flexibility a candidate.

The semi-absentee model requires a very hardworking candidate with a flexible schedule to be successful, but it is incredibly popular with many candidates. Many candidates are ready to go full-time on their new business and the guys discuss the advantages of that.

Many people searching for their first franchise want a well-established business and Pete and Nat explain why that might not be the best choice, or even work out!

A lot of candidates only think of franchises as retail locations and forget there are many service industry franchises out there that are great choices. During this episode they discuss the advantages and disadvantages to brick-and-mortar versus service-model franchises.

Territory can be an issue if a candidate rushes into a particular franchise, or comes into their search deciding on only one option. The hosts discuss finding a location and how to navigate the process.

The episode closes talking about the costs a candidate can expect based on the style of franchise they select to pursue.

You can read the article based on this podcast on our website.

Our upbringing molds us into who we are each day. Dads have a huge influence on us. They teach us lessons we will never forget.

Nat and Pete share stories of how their fathers taught them important lessons that ultimately made them into the successful businessmen and entrepreneurs they are today.

We aren't sure where people got the idea in their heads that you must have sales experience to own a business or franchise. Nat and Pete get this question all the time.

In this episode they discuss the advantages to having sales experience, but also why you can be a fantastic and profitable franchisee with zero sales experience.

Everyone makes New Year's Eve resolutions and goals. Did you know that less than half of those goals last more than six months?

This episode is all about goals. Pete and Nat discuss how they set goals, gratitude, and SMART goals.

Everyone wants to know what is going to be hot in 2020 in franchising. Every candidate wants to choose the hottest franchise—but it's not always about the name. 

Nat and Pete will discuss concepts and ideas that will be important in the future.

Sometimes things don't always go as planned. As a businessperson, doubt can lead to a spiral that results in loss. Pete and Nat talk about how to make sure you don't spiral and stay motivated.

Entrepreneurs lead busy lives. And that's just work! Beyond work there is life, and making sure you manage your time so you can experience it is important. The guys share a few ideas they have to effective management.

Not everyone is made for franchising. Having worked with hundreds of people, Pete and Nat share what would make them push a client in another direction.