Matt Friedman

speaker
487 appearances 2 recordings 1 series first heard Sep 2021 last heard Nov 2022

Matt Friedman’s voice in public audio — every appearance, attributed to the second.

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And units, but they have not ventured into the franchising route.
And so uh I had the opportunity to really do my own due diligence.
I met with the board and I felt that it was the ideal culture for me.
You know, I love entrepreneurial companies.
And so that's exactly what this is.
You know, we haven't been around for years.
We've made some investments in some brands, in fact, six to be specific.
But I looked at the business model, which I thought was unique and different than what's out there.
I looked at the entrepreneurial spirit of franchise founders, which is there.
And then I looked at the people.
And if I could have hand selected an opportunity that would fit me where I want to be in my career.
That's right.
Right now we've made a financial investment and truly partnered with six brands that are new to franchising and will continue to look at others.
I think what's important from our side is we want some of the criteria that we ultimately look at is a solid ownership and team, meaning the founders of these companies and how involved are they, how much do they know the business, some proven success, obviously.
profitable.
But I think what's most important are these two categories, we are looking for a unique segment, something that is not overly saturated.
And then we're looking for culture, people that we really can work with.
Because the difference for with franchise founders is we're not just doing a pay for performance, meaning we do A, B, and C and you pay us for this.
We're actually putting the money in with the founders
Or the owners to build a sustainable, strong franchise model.
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