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Aaron Harper

๐Ÿ‘ค Speaker
705 total appearances

Appearances Over Time

Podcast Appearances

The Vault Unlocked
How to Build a Franchise Empire Without Starting From Scratch

I'd be like, great.

The Vault Unlocked
How to Build a Franchise Empire Without Starting From Scratch

Like you have no, no use for me.

The Vault Unlocked
How to Build a Franchise Empire Without Starting From Scratch

Like I'm, I'm literally the franchise.

The Vault Unlocked
How to Build a Franchise Empire Without Starting From Scratch

I'm going to franchise a business in this space.

The Vault Unlocked
How to Build a Franchise Empire Without Starting From Scratch

And the problem is, is that it's a completely new business that they don't know how to start.

The Vault Unlocked
How to Build a Franchise Empire Without Starting From Scratch

Like it's very, it's a very difficult business franchising in general because

The Vault Unlocked
How to Build a Franchise Empire Without Starting From Scratch

But there's an art to it.

The Vault Unlocked
How to Build a Franchise Empire Without Starting From Scratch

There is.

The Vault Unlocked
How to Build a Franchise Empire Without Starting From Scratch

It's an art science.

The Vault Unlocked
How to Build a Franchise Empire Without Starting From Scratch

There's like politics.

The Vault Unlocked
How to Build a Franchise Empire Without Starting From Scratch

There's like legal.

The Vault Unlocked
How to Build a Franchise Empire Without Starting From Scratch

There's so many like regulations around it.

The Vault Unlocked
How to Build a Franchise Empire Without Starting From Scratch

Like it's just like it's a very difficult business.

The Vault Unlocked
How to Build a Franchise Empire Without Starting From Scratch

And it really you need to get 100 open units for the model that really even fundamentally makes sense.

The Vault Unlocked
How to Build a Franchise Empire Without Starting From Scratch

franchise a hundred sixteen percent of all franchises get to a hundred units yeah wow so it's like it's it's a very slim chance it's going to work out for your average person who's never done this before and so the way to make it work is to have someone who's fully invested majority owner putting everything on the line to make the brand work

The Vault Unlocked
How to Build a Franchise Empire Without Starting From Scratch

And then someone who's fully invested in their location, making sure that that becomes the replicable model for all the franchisees that are buying in.

The Vault Unlocked
How to Build a Franchise Empire Without Starting From Scratch

And unfortunately, that structure doesn't happen all the time when it comes to franchising, because it's a guy who has a great milkshake business who's like, I'm going to franchise my milkshake business.

The Vault Unlocked
How to Build a Franchise Empire Without Starting From Scratch

And he's good at making milkshakes.

The Vault Unlocked
How to Build a Franchise Empire Without Starting From Scratch

He's not good at building a franchisor.

The Vault Unlocked
How to Build a Franchise Empire Without Starting From Scratch

Right.