Franchising: One of the Best Innovations Since the LLC with Robert Huntington
Entrepreneurs on Fire
John Lee Dumas
4.8 • 4.1K Ratings
🗓️ 23 March 2022
⏱️ 21 minutes
🧾️ Download transcript
Summary
Top 3 Value Bombs:
1. Once you already proved that you can execute the model, that's when you can start innovating the model.
2. If you have good union economics, if you have something that customers need, and the market is growing, then franchising can be a really attractive route.
3. Franchising, you're in business for yourself not by yourself.
Metric Collective – Fill out the lead form and let's chat about franchising.
Sponsors:
HubSpot: Learn how to grow better by connecting your people, your customers, and your business at HubSpot.com!
Thinkific: Ever feel like a record on repeat with 1-on-1 coaching? That's what's great about online courses – take your knowledge and turn it into an online program! Get started with Thinkific for free at Thinkific.com/eof!
Transcript
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| 0:00.0 | Who's ready to rock today Fire Nation? |
| 0:05.2 | JLD here and welcome to Entrepreneurs on Fire Brought to you by the HubSpot Podcast |
| 0:10.2 | Network with great shows like Success Story Podcast. |
| 0:14.7 | Today we'll be breaking down franchising. |
| 0:17.3 | One of the best innovations since the LLC to drop these value bombs I brought Robert |
| 0:22.7 | Huntington into EO Fire Studios. |
| 0:25.1 | Rob is the CEO of a metric collective, a vertically integrated franchise and technology |
| 0:29.8 | company. |
| 0:30.8 | Before metric, he was a BCG consultant, teacher, 50 million P&L manager and franchise |
| 0:37.2 | executive. |
| 0:38.2 | And today, Fire Nation, we'll talk about what the heck is franchising. |
| 0:41.2 | We'll talk about how to find the right one. |
| 0:43.3 | We'll talk about if you should turn your current business into a franchise, is that |
| 0:47.5 | even possible? |
| 0:48.5 | And what makes a great franchise or and so much more Fire Nation when we get back from |
| 0:53.7 | thinking our sponsors? |
| 0:56.4 | Or feel like a record on repeat with one-on-one coaching, that's what's great about online |
| 1:00.6 | courses. |
| 1:01.6 | You can take everything that people are asking you and turn it into an online program. |
| 1:05.7 | Get started with Thinkific for free at thinkific.com slash E-O-F. |
| 1:11.9 | Online Marketing Made Easy Podcast hosted by Amy Porterfield breaks down big ideas and |
| 1:16.4 | strategies into actionable step-by-step processes like her recent episode on what happens when |
... |
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