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The ABC's for Franchisees | Entrepreneur's Jason Feifer

The ABC's for Franchisees | Entrepreneur's Jason Feifer

FromThe James Altucher Show


The ABC's for Franchisees | Entrepreneur's Jason Feifer

FromThe James Altucher Show

ratings:
Length:
79 minutes
Released:
Oct 11, 2022
Format:
Podcast episode

Description

By popular request, Entrepreneur editor-in-chief Jason Feifer returns for a follow-up episode devoted to the fundamentals of starting and building franchises, a pillar of the Entrepreneur ecosystem.Starting from the very basics, James peppers Jason with the critical few questions necessary to understanding how franchises operate, which types of business are suited to part-time operators, and what kind of financial returns a franchisee might expect based on their business.Additional Topics Include:Jason: "What is the minimum amount of me a job requires so that I can figure out how to expand myself in other directions?" (03:28)James: "You only learn something by doing that something" (04:55)James: "80% of the learning is doing what you have to do"Jason: "It is only to your benefit that people do things outside of what you're asking them to do." (07:36)Entrepreneur's evolution from within the franchise space to brand independence (09:49)How do you build wealth from a franchise? (27:38)Franchise Disclosure Documents (34:32)Franchise fees and revenue shares (39:14)What type of profit can a franchisee expect (42:57)What franchising success stories has Jason seen (47:25)Has Jason ever considered franchising? (52:41)Editor’s note: Topic times don’t account for sponsor ads and may appear a few minutes later in the episode on your podcast player)------------Visit Notepd.com to read our idea lists & sign up to create your own!My new book Skip the Line is out! Make sure you get a copy wherever books are sold!Join the You Should Run for President 2.0 Facebook Group, where we discuss why you should run for President.I write about all my podcasts! Check out the full post and learn what I learned at jamesaltucher.com/podcast.------------Thank you so much for listening! If you like this episode, please rate, review, and subscribe  to “The James Altucher Show” wherever you get your podcasts: Apple PodcastsStitcheriHeart RadioSpotifyFollow me on Social Media:YouTubeTwitterFacebook
Released:
Oct 11, 2022
Format:
Podcast episode

Titles in the series (100)

James Altucher interviews the world’s leading peak performers in every area of life. But instead of giving you the typical success story, James digs deeper to find the “Choose Yourself” story—these are the moments we relate to… when someone rises up from personal struggle to reinvent themselves. The James Altucher Show brings you into the lives of peak-performers: billionaires, best-selling authors, rappers, astronauts, athletes, comedians, actors, and the world champions in every field, all who forged their own paths, found financial freedom and harnessed the power to create more meaningful and fulfilling lives.