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S1 E5: How to Scale Your Five Guys Franchise Empire

S1 E5: How to Scale Your Five Guys Franchise Empire

FromFranchise Empires


S1 E5: How to Scale Your Five Guys Franchise Empire

FromFranchise Empires

ratings:
Length:
44 minutes
Released:
Mar 29, 2022
Format:
Podcast episode

Description

From college drop out to multi-unit franchisee, the path of entrepreneurship isn’t always a straight one. Find out how Lucas Mitchell discovered his gift for restaurant management.
An entrepreneur from the start, Lucas made the decision early on to quit college and focus on building a web design business. To cover the bills, Lucas worked at his local Five Guys and his experience working at his parents’ restaurant quickly shone through.
The Wolf and Lucas discuss how the business of food and hospitality is in Lucas’ blood and why working for someone else was never going to be his dream
Lucas recalls his rapid rise from Location Manager to Territory Manager of 8 locations and the moment he realized it was time to put aside his web design business and pursue a career as a franchisee.
You’ll hear how he grew from one Five Guys location to 13 and why he’s still hungry for success.
When you’re looking to scale like Lucas, you need a team on your side to smooth the path. FranShares makes it easy to build, manage and grow your portfolio from as little as $500. Find out more: http://www.franshares.com (franshares.com)
Follow Lucas:
Twitter: @LMitchellHQ
Check out https://workweek.com/brand/te-wolf-of-franchises/ (The Wolf’s newsletter)
Stay up-to-date on all things Franchise Empires by following The Wolf on Twitter: https://twitter.com/franchisewolf (https://twitter.com/franchisewolf)
Released:
Mar 29, 2022
Format:
Podcast episode

Titles in the series (100)

There’s more than one way to find financial freedom. Most startups are doomed to fail, but there’s an alternative route for hungry entrepreneurs. One that involves far less risk, far more work-life balance and just as much profit. Franchises. This is the podcast that gives aspiring franchise owners the playbook to build a multi-unit franchise empire of their own. Every episode we hear from guests who are building their franchise empire: Franchisees who started with one unit and aren’t stopping until they get to dozens, hundreds, or even thousands more locations. Hosted by The Wolf, you’ll hear exactly how to turn your ambition into tangible actions and take your first steps up the franchise ladder. You’ll get a breakdown on the steps you need to take open your first franchise, your second location, and beyond, along with the pitfalls to avoid. We answer all your questions about owning and running your franchise with relatable guests, sharing their first hand experience. To get started on your franchise owning journey, tune in on March 3rd for our season premiere, with new episodes every Tuesday. Make sure to subscribe wherever you get your podcasts.