Franchise ownership sounds like freedom, but most owners learn the hard way. Passivity doesn’t pay unless you earn it.

In this episode, Rick Mayo sits down with Erik Van Horn, veteran franchisee, franchisor, investor, and founder of Front Street Equity Partners.

With decades of experience across all sides of the franchise table, Erik unpacks what it really takes to thrive in franchising.

They explore the true meaning of “semi-absentee” ownership, why early-stage franchisees need a pioneer mindset, and how building strong operating partnerships is key to scale.

Erik also shares his personal entrepreneurial journey from a college grad avoiding construction to running dozens of franchise units and advisory businesses.

They also touch on advisory masterminds, the importance of being teachable, and the hidden cost of cheap leadership.

Tune in!

Key Takeaways

Intro (00:00)

Erik Van Horn's background and early career (03:51)

Transition to franchising and business expansion (06:49)

Current business activities and franchise consulting (10:28)

Character traits for successful franchisees (12:39)

Semi-absentee ownership and business structure (20:32)

Investing in franchises and passive income (22:06)

Final thoughts and future plans (32:41)

Additional Resources:

- Franchise Secrets 

Franchise Secrets Group: https://web.facebook.com/groups/franchisesecretsfb/?_rdc=1&_rdr#

Scalable Franchise: https://scalablefranchise.com/

—

- Alloy Personal Training

- Learn About The Alloy Franchise Opportunity

---------

You can find the podcast on Apple, Google, Spotify, Stitcher, or wherever you listen to podcasts.

If you haven’t already, please rate and review the podcast on Apple Podcasts!