Michael Stone

speaker

827 appearances 3 recordings 1 series first heard Jan 2011 last heard Nov 2015

Michael Stone’s voice in public audio — every appearance, attributed to the second.

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Franchise Today · From Professional Athlete to Successful Franchisee... How Former Players Invest in Franchising · 13 Jan 2011 podcast

Yeah.

I think they need to either start doing it or start learning about it or um or start the process of educating and building relationships so that they already at least know what they're going to do.

Learn a business?

and meet some people that are successful in the business and and shadow.

One thing that we're working on is a um certification um a franchisee certification type program for athletes that takes them through a level of education about the industry so that the second they're done with this certification, the PA F.

I certification, a franchise owner knows, Hey, okay, this guy's been through the PA F.

I certification education program.

So he kinda he understands

you know, the the basic con um the basic value proposition of the industry.

I think that's one thing that will help the franchise, you know, kinda get a feel and understand where they're at but

end of the day, any time a um franchise or is interviewing a potential franchisee, you all you go through the same experience of is this person gonna manage my brand well?

And um and that's the bridge that we're trying to break down.

I think it's actually I think, you know, it it it's gonna work itself out.

Um big business always works itself out.

Um it's a huge, huge industry making a huge amount of money.

So we're gonna work itself out.

I think the g the positive that will come out of it is guys will really start to understand that, you know, things are is not everything isn't, you know, as structured as it seems.

You know, things aren't guaranteed.

I think guys will start to really reflect and say, What can I start looking at doing, you know, outside of sports to leverage myself.

So I think it's gonna be a good thing for the athletes in the long run because they'll educate themselves on what there is to do.

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