90% of people who start their own business fail, but 90% of people who buy a franchise succeed.

We have a client who, when we first met him, he had 30 McDonald's.

How much was he making?

So this guy was making like 40, 50 million dollars a year.

He has two planes as well.

So it's for a lot of entrepreneurs, you're better off if you want to work for yourself,

buy a franchise. Let's say you had a million dollars right now. Would you buy three Subways for

300 grand each, or would you buy 40 locations at 25,000 each of one of the newer franchises?

Here in my garage. It's Ty Ty Lopez welcome to the show

I've got Alex here from Franzy

and we're just talking about the origins of his name

but six months ago launched a company

helping people understand franchises

buy franchises got valued at $16 million

in six months so that's pretty good.

So welcome to the show.

Thank you.

Thanks for having me.

You know, my first kind of time I realized how powerful franchise it could be for people

to create an income was I was reading the book by Michael Gerber, the E-Mith Revisited.

Everybody should read that book.

I actually have it upstairs in my bedroom.

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