Episode 72: The Responsibilities of a Business Owner - with Jeff Fenster

Real Business Owners

Trevor Cowley

Business

5 • 704 Ratings

🗓️ 14 October 2020

⏱️ 70 minutes

🔗️ Recording | iTunes | RSS

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Summary

Jeff Fenster is a serial entrepreneur and the founder of everbowl, a rapidly expanding restaurant chain with over 25 locations. Jeff’s approach to scaling a company is unique, and the way he’s streamlined the process of opening new stores has lead to massive growth.

In this episode, we talk with Jeff about his history as an entrepreneur, why lack of experience shouldn’t hold you back, and the responsibilities of a CEO.

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Transcript

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0:00.0	Real business owners.
0:02.0	Welcome back to the Real Business Owners podcast. This is myself, Trevor Cowley. As always, we've got Kell Goodman with me.
0:10.0	Guys, today we have a special guest for you. He didn't know that we were kind of business partners coming into it, but I let him know.
0:18.0	He found out about, you know, 45 minutes ago that we're in business together.
0:24.0	But guys, we have Jeff Fenster on today's show.
0:27.7	He's the founder of Everbull Franchise, right?
0:31.2	When did you guys become a franchise?
0:32.8	Just not too long ago, right?
0:34.2	Yeah, COVID's been good to you then. I mean, I hate to say it because
0:39.8	people are getting sick. Getting slaughtered right now. COVID's been a good opportunity for us. Yeah.
0:44.3	Yeah. You guys have, you guys have grown quite a bit just even in the last like month or two.
0:48.1	Yeah. You know, I think I saw something last month that said you guys closed on like 20 stores just like last month between Utah and Arizona.
0:56.0	It's a unique time, you know, because people are looking for the ways to take control
0:59.4	their financial freedom.
1:00.8	Yeah.
1:00.9	They either got laid off or their job is not what it used to be.
1:03.8	It's just uncertain.
1:04.8	They're uncertain.
1:05.6	So might as well use maybe some of the money that they have to create some sort of residual income. That's right. And they
1:11.8	want to, they don't want to be in a position where, where they don't know what's going to happen
1:15.6	tomorrow for them financially. Yeah. Right. So we, we looked at it and said, okay, what can we do?
1:19.4	Well, we launched franchising and now we just launched financing. So now we also finance
	...

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