Episode 5: On this episode of Pursuit of Profit, Cliff and Justin discuss various ways to fund a business, - to start, grow and scale a franchise. We're talking the benefits of SBA loans, ROBS, Security Backed Lines of Credit, HELOCs, and other forms of financing. And discover why cash is not king. Take a listen and find out which forms of financing work best for you.

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Timestamps:

1:30 - SBA loans

18:54 - Business plan

22:50 - Roll Overs as Business Startups (ROBS)

35:00 - Security Backed Lines of Credit

39:45 - HELOC (Home Equity Line Of Credit)

45:59 - Franchise or Financing

48:07 - Seller Financing

49:30- Private Investors / Inheritance

51:57 - Cash

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Connect with Cliff and Justin:

🌐 Website - https://franocity.com/

📷 Instagram -   /franocity

👍 Facebook -   /franocity

💼 LinkedIn -  /cliffnonnenmacher

💼 LinkedIn -   /justinguevara

* Consult with Cliff and Justin @ Franocity

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Welcome to "Pursuit of Profit," the raw and unfiltered podcast where Cliff & Justin pull no punches to guide aspiring entrepreneurs, business owners, and franchisees on their journey to create wealth, financial abundance, and ultimate personal growth. If you're seeking sugar-coated advice and constant reassurance, this podcast may not be for you. But if you crave unapologetic honesty and a dose of tough love, then you've come to the right place.

Episode 4: On this episode of Pursuit of Profit, Cliff and Justin discuss the 11 most common mistakes when buying a franchise. If you're thinking about purchasing a franchise for the first time, or you're a seasoned franchisee, listen to these tips to find out what you need to do to ensure a successful and profitable business.

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Time Stamps:

(02:14) #1 - Dogmatic know it all

(07:03) #2 - Confirmation bias

(10:20) #3 - Client decorum

(13:32) #4 - Misaligned skills

(17:54) #5 - Outsized

(26:43) #6 - Time allotment

(32:05) #7 - Half-pregnant

(36:05) #8 - Capital constraints

(39:15) #9 - E-Myth

(42:44) #10 - Enabler

(47:24) #11 - Impetuous

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Links:

🌐 Website - E-Myth Revisited

Connect with Cliff and Justin:

🌐 Website - https://franocity.com/

📷 Instagram -   /franocity

👍 Facebook -   /franocity

💼 LinkedIn -  /cliffnonnenmacher

💼 LinkedIn -   /justinguevara

* Consult with Cliff and Justin @ Franocity

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Welcome to "Pursuit of Profit," the raw and unfiltered podcast where Cliff & Justin pull no punches to guide aspiring entrepreneurs, business owners, and franchisees on their journey to create wealth, financial abundance, and ultimate personal growth. If you're seeking sugar-coated advice and constant reassurance, this podcast may not be for you. But if you crave unapologetic honesty and a dose of tough love, then you've come to the right place.

Episode 3: Get ready to dive into an inspiring journey of resilience, reinvention, and entrepreneurship on the Pursuit of Profit podcast! Hosted by Justin Guevara and Cliff, this episode features an extraordinary guest: former professional basketball player turned entrepreneur, Matt Miller, the founder and CEO of M14 Hoops.

Join us as we explore Matt's remarkable transformation from a globe-trotting athlete to a thriving business owner with locations spanning across the U.S. and hear firsthand how he turned his passion for basketball into a franchise success story.

Discover the challenges Matt faced when transitioning from the world of sports to business and find out how he built M14 Hoops from the ground up. From playing basketball in Europe and Africa to becoming a dedicated entrepreneur, Matt's journey is a testament to determination and hard work.

Learn the intriguing backstory behind the name "M14 Hoops" and how it all started with Matt's basketball number and a desire for a three-syllable business name that truly resonated.

You'll be inspired by Matt's dedication, his relentless work ethic, and the sacrifices he made to make his dream a reality. Whether you're a sports enthusiast, an aspiring entrepreneur, or just someone hungry for an incredible success story, this podcast episode will leave you motivated and eager to chase your own pursuit of profit. Don't miss this captivating episode of the Pursuit of Profit podcast!

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Connect with Cliff and Justin:

🌐 Website - https://franocity.com/

📷 Instagram -   /franocity

👍 Facebook -   /franocity

💼 LinkedIn -  /cliffnonnenmacher

💼 LinkedIn -   /justinguevara

* Consult with Cliff and Justin @ Franocity

Episode 2: Welcome to "Pursuit of Profit," the raw and unfiltered podcast where Cliff & Justin pull no punches to guide aspiring entrepreneurs, business owners, and franchisees on their journey to create wealth, financial abundance, and ultimate personal growth. If you're seeking sugar-coated advice and constant reassurance, this podcast may not be for you. But if you crave unapologetic honesty and a dose of tough love, then you've come to the right place.

-----

Connect with Cliff and Justin:

🌐 Website - https://franocity.com/

📷 Instagram -   /franocity

👍 Facebook -   /franocity

💼 LinkedIn -  /cliffnonnenmacher

💼 LinkedIn -   /justinguevara

* Consult with Cliff and Justin @ Franocity

Welcome to "Pursuit of Profit," the raw and unfiltered podcast where Cliff & Justin pull no punches to guide aspiring entrepreneurs, business owners, and franchisees on their journey to create wealth, financial abundance, and ultimate personal growth.

If you're seeking sugar-coated advice and constant reassurance, this podcast may not be for you. But if you crave unapologetic honesty and a dose of tough love, then you've come to the right place.

Cliff & Justin, two seasoned entrepreneurs who've faced their fair share of struggles and triumphs, bring their years of experience to the forefront in this podcast.

They believe in the power of pushing individuals beyond their comfort zones, challenging them to confront their limitations, and unlocking their true potential. No topic is off-limits as they discuss the practicalities of business, the importance of a resilient mindset, the pursuit of health and well-being, and all the essential elements that contribute to personal and professional success.

With each episode, you'll be inspired to take action and embrace the discomfort that comes with growth. Cliff & Justin share real-life stories, hard-earned lessons, and actionable strategies that will motivate you to strive for greatness. While their words may be tough, they come from a place of genuine care and desire to see their audience thrive.

"Pursuit of Profit" is not just about business strategies; it's about personal development and transformation. If you're ready to shed the excuses, face reality head-on, and embrace the challenges of entrepreneurship and life, this podcast is your go-to resource.

Subscribe now, and join Cliff & Justin on this no-nonsense journey towards greatness. Be prepared to have your beliefs challenged, your work ethic ignited, and your mind expanded to become the best version of yourself.

Remember, this podcast isn't for the weak, but for those with the determination to rise above mediocrity and achieve extraordinary success.

Are you ready to unleash your potential? Tune in and let's embark on this transformational journey together!

Connect with Cliff and Justin:

🌐 Website - https://franocity.com/

📷 Instagram -   /franocity

👍 Facebook -   /franocity

💼 LinkedIn -  /cliffnonnenmacher

💼 LinkedIn -   /justinguevara

* Consult with Cliff and Justin @ Franocity