Michael Isakson
speaker
366 appearances
1 recordings
1 series
first heard Apr 2019
last heard Apr 2019
Michael Isakson’s voice in public audio — every appearance, attributed to the second.
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Appearances
What's the chief marketing officer?
What's the CFO?
What does she look like?
What is that marketing individual like?
And if I sense that there's a willingness to work together and build a place that's safe for everybody to be open and exchange concepts and ideas,
look at that and say, hey, this looks like a good
Yeah, and I think that what I've seen is with the emergence of the private equity groups into franchising, and private equity likes the business model in that it is a cash generation.
The capital investment typically is at the franchisee level in most cases, and I think that
To really understand something,
empathy doesn't mean that you have to go and be a franchisee, but you have to have that ability.
I had a boss that would always say, you know, a spreadsheet can hold anything.
And today, I think there's too many projections that are made that are just totally fantasies.
And so I think that it perhaps becomes too easy because capital is so available today that people can go in and grab these businesses and move forward.
But on the flip side, there's some very, very great private equity groups that have done a great job in franchising and have built lots of value for franchisees and franchisors.
Well, I think that as an organization in franchising, we need to amplify what we're doing as an industry.
Franchising gives back is a huge example.
There's
I think it's closer to a billion dollars a year that franchising puts back into communities by giving back the sponsorship of Little League, Jimmy John's, and some of the other organizations that are just giving millions of dollars back into the communities to amplify what franchising does to create wealth.
It is the most effective way to generate wealth for individuals.
I think about our minority populations.
Showing 301–320 of 366 · page 16 of 19
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