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Everyone's Talkin' Money

Surprising Ways To Build Wealth With Franchise Investing with Kenny Rose

Everyone's Talkin' Money

Shari Rash

Business, Self-improvement, Education

4.6 • 631 Ratings

🗓️ 11 October 2023

⏱️ 38 minutes

🧾️ Download transcript

Summary

Did you know that you could build wealth with franchise investing? The idea of franchising started way back in the Middle Ages, but it really started to pick up steam in the 1960s with the creation of turnpikes and President Eisenhower’s Interstate Highway System. That’s when franchising really had its heyday, but in the last couple of decades, franchising has been looked down on and passed over as an opportunity to build wealth. But the tide is changing. Our guest, Kenny Rose, CEO and founder of FranShares, created a platform that democratizes franchise investing so it could become accessible to everyone. The beauty is that you no longer need to own a franchise, which could cost hundreds of thousands of dollars. Instead, you can invest in franchises and generate passive income for much less. It’s an interesting concept for sure, and I’m personally happy that franchising is having a renaissance because it’s a business model that has worked for so many people it would be silly to overlook it. In this episode, you’ll learn: What is franchise investing? What makes a franchise profitable? Why should you invest in a franchise right now? And so much more, you’ll want to take notes on this episode. Links FranShares Kenny on LinkedIn SPONSORS Thanks to EarnIn for sponsoring the show. Just download the EarnIn app in Google Play of the Apple App Store and use code Talkin Money under Podcast. Thanks to Factor for sponsoring the show. Head to www.factormeals.com/etm50 and use code ETM50 to get 50% off. Thanks to Noom for sponsoring the show. Start taking control of your weight management and join the millions who have lost weight with Noom. Sign up for your TRIAL today at www.noom.com.   Thanks to NetSuite for sponsoring the show. Download NetSuite’s popular KPI Checklist for free at www.netsuite.com/etm.  Thanks to ButcherBox for sponsoring the show. Sign up today at www.butcherbox.com/etm and use code ETM to get $20 off your first order. Thanks to AirDoctor for sponsoring the show. Head to www.airdoctorpro.com and use promo code ETM and depending on the model, you’ll receive UP TO 39% off or UP TO $300 off. How To Connect with Shannah: Download 10 Money Questions to Ask Yourself Free Money Guide https://bit.ly/10moneyq Join the Everyone’s Talkin’ Money Newsletter, where you get insider tips, exclusive content, and takeaways from each episode https://tinyurl.com/etmnewsletter  Ask Shannah a question on Instagram https://www.instagram.com/shannahgame/  Submit a money question for Shannah to answer in an upcoming episode https://tinyurl.com/askshannahq  Leave a 5-star Review here https://ratethispodcast.com/etm Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

Click on a timestamp to play from that location

0:00.0

Rated T for Teen.

0:01.7

Each year, thousands of adults lose their shred.

0:05.1

It's an epidemic simply known as shred loss, but it doesn't have to be this way.

0:09.2

Because rekindling your shred is as easy as playing the new Tony Hawk's Pro Skater 3 and 4.

0:13.8

With new parks, cross-platform multiplayer, and sick new game modes,

0:18.9

we can put an end to shred loss everywhere.

0:22.3

Hit the new Tony Hawk's Pro Skater 3 and 4 and show the world that the shred's not dead.

0:26.4

Pre-order Tony Hawk's Pro Skater 3 and 4 and play the Foundry demo.

0:30.0

Ready to launch your business?

0:31.6

Get started with the commerce platform made for entrepreneurs.

0:34.8

Shopify is specially designed to help you start, run and grow your business

0:38.8

with easy customizable themes that let you build your brand,

0:42.4

marketing tools that get your products out there.

0:44.7

Integrated shipping solutions that actually save you time.

0:47.4

From startups to scaleups, online, in person and on the go.

0:51.9

Shopify is made for entrepreneurs like you.

0:54.4

Sign up for your $1 a month trial at Shopify.com slash setup.

1:10.1

You're going to be surprised.

1:11.4

It's going to sound a little crazy, but it's going to happen.

1:14.2

Is that franchising is going to really have a renaissance, a massive resurgence.

1:18.7

Like you look at what people are passionate about work-wise these days, and it's, I want to own my own business.

1:24.6

It's startups.

...

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