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Investing in a franchise offers access to a successful system, along with training and support; however, the franchise owner's individual level of success is ultimately dependent on how much they put into it.
Not everyone is cut out to be a franchisee, but those who are able to attain success often share many of the same character traits.
As obvious as it may sound, one of the character traits is the ability to follow a system. This sounds simple enough, but you'd be surprised how many people struggle to do it.
In this episode, Rick is joined by Wes Barefoot, a Franchoice consultant, and a two-brand franchisee, to discuss the most important character traits to achieve success as a franchisee.
Stay tuned!
Key Takeaways
- What makes a good franchisee (02:23)
- Why you need to have realistic expectations (04:05)
- The bike analogy (06:12)
- It's not the franchisor's responsibility to make you successful (18:56)
- Follow the system (20:57)
- Participate and collaborate with others in the team (28:25)
- Give the business the commitment it deserves (34:00)
Additional Resources:
Connect with Wes Barefoot:
-Path to Freedom
- Podcast
-----
- 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!
By Rick Mayo4.9
5252 ratings
Investing in a franchise offers access to a successful system, along with training and support; however, the franchise owner's individual level of success is ultimately dependent on how much they put into it.
Not everyone is cut out to be a franchisee, but those who are able to attain success often share many of the same character traits.
As obvious as it may sound, one of the character traits is the ability to follow a system. This sounds simple enough, but you'd be surprised how many people struggle to do it.
In this episode, Rick is joined by Wes Barefoot, a Franchoice consultant, and a two-brand franchisee, to discuss the most important character traits to achieve success as a franchisee.
Stay tuned!
Key Takeaways
- What makes a good franchisee (02:23)
- Why you need to have realistic expectations (04:05)
- The bike analogy (06:12)
- It's not the franchisor's responsibility to make you successful (18:56)
- Follow the system (20:57)
- Participate and collaborate with others in the team (28:25)
- Give the business the commitment it deserves (34:00)
Additional Resources:
Connect with Wes Barefoot:
-Path to Freedom
- Podcast
-----
- 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!

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