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Kandungan disediakan oleh Nikolas Hulewsky. Semua kandungan podcast termasuk episod, grafik dan perihalan podcast dimuat naik dan disediakan terus oleh Nikolas Hulewsky atau rakan kongsi platform podcast mereka. Jika anda percaya seseorang menggunakan karya berhak cipta anda tanpa kebenaran anda, anda boleh mengikuti proses yang digariskan di sini https://ms.player.fm/legal.
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46 - How to Find a Profitable Franchise: Tips from an Expert with Tim Michaels

44:34
 
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Manage episode 435022662 series 3591759
Kandungan disediakan oleh Nikolas Hulewsky. Semua kandungan podcast termasuk episod, grafik dan perihalan podcast dimuat naik dan disediakan terus oleh Nikolas Hulewsky atau rakan kongsi platform podcast mereka. Jika anda percaya seseorang menggunakan karya berhak cipta anda tanpa kebenaran anda, anda boleh mengikuti proses yang digariskan di sini https://ms.player.fm/legal.

🚨MY NEWSLETTER https://nikolas-newsletter-241a64.beehiiv.com/subscribe 🚨
Join me, Nik ( https://x.com/CoFoundersNik ), as I talk with Tim Michaels ( https://x.com/Kickstartmyfran ), founder of Kickstart My Franchise. Tim shares his journey from a career in futures trading and corporate America to becoming a successful franchise broker. We cover how he helps aspiring entrepreneurs find the right franchise, the complexities of franchise disclosure documents, and the challenges of starting a franchise brokerage business.

Tim also discusses the long sales cycles in the franchise industry, the importance of validating franchise opportunities, and how he balances business with family life.

Questions this Episode Answers:

  • How do franchise brokers help entrepreneurs find the right franchise?
  • What are the key components of franchise disclosure documents and why are they important?
  • How can entrepreneurs transition from corporate America to running a franchise?
  • What are the biggest challenges in the franchise brokerage business?
  • How do you scale a business while maintaining a balance with personal life?

___________________________

Leave us a review
on Apple Podcasts or Spotify and you could WIN $100!!
Screenshot it, send it to us, and you will be automatically entered to WIN $100!
Spotify: https://tinyurl.com/5avyu98y
Apple: https://tinyurl.com/bdxbr284
Every week I will pick a random listener who left a review to GET PAID!
___________________________
YouTube: https://tinyurl.com/nikonomicsYT
___________________________

This week we covered:

00:33 Meet Tim Michaels

03:02 The Franchise Brokering Business

05:35 Understanding Franchise Disclosure Documents

12:30 Tim's Journey to Entrepreneurship

17:20 Personal Struggles and Reflections

21:12 Host's Personal Experience

23:02 Navigating the Long Sales Cycle

23:59 The Financial Strain and Support

24:44 First Dollar Earned and Business Model

24:59 Lead Acquisition Strategies

25:43 Challenges and ROI in Lead Generation

27:34 Exploring Other Marketing Channels

29:25 Understanding Customer Value and Costs

34:30 Operational Insights and Client Management

42:19 Reflecting on Entrepreneurship

___________________________

  continue reading

77 episod

Artwork
iconKongsi
 
Manage episode 435022662 series 3591759
Kandungan disediakan oleh Nikolas Hulewsky. Semua kandungan podcast termasuk episod, grafik dan perihalan podcast dimuat naik dan disediakan terus oleh Nikolas Hulewsky atau rakan kongsi platform podcast mereka. Jika anda percaya seseorang menggunakan karya berhak cipta anda tanpa kebenaran anda, anda boleh mengikuti proses yang digariskan di sini https://ms.player.fm/legal.

🚨MY NEWSLETTER https://nikolas-newsletter-241a64.beehiiv.com/subscribe 🚨
Join me, Nik ( https://x.com/CoFoundersNik ), as I talk with Tim Michaels ( https://x.com/Kickstartmyfran ), founder of Kickstart My Franchise. Tim shares his journey from a career in futures trading and corporate America to becoming a successful franchise broker. We cover how he helps aspiring entrepreneurs find the right franchise, the complexities of franchise disclosure documents, and the challenges of starting a franchise brokerage business.

Tim also discusses the long sales cycles in the franchise industry, the importance of validating franchise opportunities, and how he balances business with family life.

Questions this Episode Answers:

  • How do franchise brokers help entrepreneurs find the right franchise?
  • What are the key components of franchise disclosure documents and why are they important?
  • How can entrepreneurs transition from corporate America to running a franchise?
  • What are the biggest challenges in the franchise brokerage business?
  • How do you scale a business while maintaining a balance with personal life?

___________________________

Leave us a review
on Apple Podcasts or Spotify and you could WIN $100!!
Screenshot it, send it to us, and you will be automatically entered to WIN $100!
Spotify: https://tinyurl.com/5avyu98y
Apple: https://tinyurl.com/bdxbr284
Every week I will pick a random listener who left a review to GET PAID!
___________________________
YouTube: https://tinyurl.com/nikonomicsYT
___________________________

This week we covered:

00:33 Meet Tim Michaels

03:02 The Franchise Brokering Business

05:35 Understanding Franchise Disclosure Documents

12:30 Tim's Journey to Entrepreneurship

17:20 Personal Struggles and Reflections

21:12 Host's Personal Experience

23:02 Navigating the Long Sales Cycle

23:59 The Financial Strain and Support

24:44 First Dollar Earned and Business Model

24:59 Lead Acquisition Strategies

25:43 Challenges and ROI in Lead Generation

27:34 Exploring Other Marketing Channels

29:25 Understanding Customer Value and Costs

34:30 Operational Insights and Client Management

42:19 Reflecting on Entrepreneurship

___________________________

  continue reading

77 episod

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