Episodes
Tuesday Aug 27, 2024
Tuesday Aug 27, 2024
In this episode of the Path to Freedom podcast, we tackle the common misconceptions surrounding the purchase of existing businesses versus starting from scratch. We'll explore the four types of existing businesses you might encounter on the market, beginning with the often problematic "fire sales," where owners are eager to sell due to financial troubles. These situations can present significant challenges, such as financial losses and the substantial effort required to turn the business around. We also discuss the allure of profitable businesses with growth potential, which come with their own set of hurdles like high competition and premium prices. By comparing these scenarios, I argue that starting the right franchise from scratch can often be a more manageable and less risky path to business ownership, providing the opportunity to build a personalized culture and operation from the ground up.
Listen in as we break down the key factors to consider when evaluating existing businesses, especially those where the current owner is deeply involved in sales and client relationships. We highlight the potential steep learning curve and the risk of losing key clients once the owner steps out. The episode also emphasizes the importance of evaluating the existing team, understanding financials, and the potential pitfalls if key employees leave post-acquisition. We round off the discussion by examining the benefits of well-structured franchise support systems, designed to help new owners avoid common mistakes and ramp up their businesses quickly. Plus, we touch on creative funding options that can provide financial stability during the initial phase of starting a new franchise. Don't miss this insightful conversation that could shape your path to successful business ownership!
TIMESTAMPS:
(00:01) Misconceptions of Buying Existing Businesses
(12:40) Key Factors in Evaluating Existing Businesses
(21:23) Franchise Success
Join the FREE Path To Freedom Facebook Group here:
https://www.facebook.com/groups/1634819733719715/
7 Steps to Owning a Franchise:
https://path2frdm-1.hubspotpagebuilder.com/path-to-freedom-about-franchising
If you would like to learn more about this particular franchise opportunity or discuss franchise ownership in general - feel free to use the link to my calendar below to schedule a free, no-obligation introductory meeting.
https://calendly.com/wes-barefoot/introcallwithwes
Connect with Wes:
Instagram: https://www.instagram.com/path2frdm/
Facebook: https://www.facebook.com/path2frdm
Linkedin: https://www.linkedin.com/in/wesleybarefoot/
#Franchise #Misconception #Business
Thursday Aug 22, 2024
Revolutionizing The Home Service Industry Through Franchising w/ Scott Frith
Thursday Aug 22, 2024
Thursday Aug 22, 2024
Join us on the Path to Freedom podcast as industry veteran Scott Frith, Chairman and CEO of Happinest Brands and Lawn Doctor, shares his remarkable career journey and the evolution of his company. From starting out in Lawn Doctor's manufacturing plant at just 13 years old to leading the business and founding Happinest Brands, Scott offers a unique perspective on the world of home service franchises. Discover the fascinating history of Lawn Doctor, a company founded in 1967 with a patented lawn care system, and learn how Scott's father went from a satisfied customer to a pivotal figure in the company's growth.
Scott sheds light on the importance of franchise relationships, emphasizing the need for both franchisors and franchisees to pedal together towards success. You'll hear touching stories of second-generation operators who have grown into successful franchise owners, demonstrating how franchising can transform lives and communities over time. Scott also discusses the significance of innovation within franchise culture, using the Netflix versus Blockbuster analogy to show the necessity of constant evolution.
In this episode, we explore Lawn Doctor's expansion into the holiday lighting market, offering franchisees an opportunity for year-round business in seasonal markets. Scott shares strategies for franchise growth and scaling, highlighting the importance of readiness and strategic planning for those looking to expand into multiple brands. We also examine responsible franchising trends, focusing on the importance of solid training, support structures, and thoughtful partnerships, especially with the rise of private equity in the franchising world. Tune in for an engaging conversation with Scott Frith and gain valuable insights into the future of Happinest Brands.
TIMESTAMPS:
(00:01) Franchising and Business Growth Strategies
(11:01) Building Success Through Franchise Relationships
(21:17) Evolving Franchise Culture and Growth
(34:49) Expanding Services and Franchise Success
(39:43) Franchise Growth and Strategic Scaling
(54:12) Responsible Franchising Trends and Outlook
(01:07:13) Connecting With Scott Frith for Growth
Connect with Scott and Happinest Brands here:
Website: https://happinest.com/
Linkedin: https://www.linkedin.com/in/scottfrith/
-----------------------------------------------------------------------------------------------
Join the FREE Path To Freedom Facebook Group here:
https://www.facebook.com/groups/1634819733719715/
7 Steps to Owning a Franchise:
https://path2frdm-1.hubspotpagebuilder.com/path-to-freedom-about-franchising
If you would like to learn more about this particular franchise opportunity or discuss franchise ownership in general - feel free to use the link to my calendar below to schedule a free, no-obligation introductory meeting.
https://calendly.com/wes-barefoot/introcallwithwes
Connect with Wes:
Instagram: https://www.instagram.com/path2frdm/
Facebook: https://www.facebook.com/path2frdm
Linkedin: https://www.linkedin.com/in/wesleybarefoot/
#Franchise #HappinestBrands #Business
Thursday Aug 15, 2024
How 2nd Family Is TRANSFORMING Senior Care
Thursday Aug 15, 2024
Thursday Aug 15, 2024
How do you turn a family tragedy into a thriving business that genuinely cares for others? Join us on this episode of the Path to Freedom podcast as we chat with Chad Tracy and Josh Markland, the compassionate minds behind Second Family. Inspired by their grandmother Deanie's battle with Alzheimer's, they share a heartfelt journey of transforming personal hardships into a mission to offer better, more reliable in-home senior care. Hear firsthand about their struggles with finding dependable dementia care and the innovative solutions they've implemented to make a difference for families like theirs.
We delve into the remarkable growth of Second Family, starting from its humble beginnings in Maryland in 2012 to its expansion as a franchise in 2020. Chad and Josh reveal how they harnessed technology to streamline operations and maintain transparency, setting a new benchmark in senior care. The conversation takes a poignant turn as they recount the extraordinary challenges of launching their first franchise location amid the COVID-19 pandemic while ensuring unwavering standards of care. Learn about the critical role of RN care coordinators and the unique, personalized services that distinguish Second Family from other providers.
In this episode, we also explore the intricacies of managing a senior care franchise, from identifying the ideal franchisees to addressing the caregiver shortage. Chad and Josh candidly discuss the qualities necessary for franchise success, emphasizing community involvement and hands-on leadership. Listen as they share valuable insights into the financial aspects of the business, the importance of supporting caregivers, and the strategies they've employed to attract and retain top talent. Whether you're in the senior care industry or seeking inspiration from a heartfelt entrepreneurial journey, this episode offers a wealth of knowledge and inspiration.
Check out Second Family Here:
Website: https://2ndfamilyfranchise.com/
Linkedin: https://www.linkedin.com/company/2nd-family/
TIMESTAMPS:
(09:15) Enhancing in-Home Senior Care Services
(13:11) Personalized in-Home Senior Care Services
(20:21) Supporting and Growing in-Home Care
(26:58) Franchise Opportunities in Senior Care
(34:12) Franchise Staffing and Licensing Process
(47:52) Financing Options for in-Home Senior Care
(55:45) Addressing Caregiver Shortage in Senior Care
Join the FREE Path To Freedom Facebook Group here:
https://www.facebook.com/groups/1634819733719715/
7 Steps to Owning a Franchise:
https://path2frdm-1.hubspotpagebuilder.com/path-to-freedom-about-franchising
If you would like to learn more about this particular franchise opportunity or discuss franchise ownership in general - feel free to use the link to my calendar below to schedule a free, no-obligation introductory meeting.
https://calendly.com/wes-barefoot/introcallwithwes
Connect with Wes:
Instagram: https://www.instagram.com/path2frdm/
Facebook: https://www.facebook.com/path2frdm
Linkedin: https://www.linkedin.com/in/wesleybarefoot/
#Franchise #SeniorCare #Business
Thursday Aug 08, 2024
Secrets to Mosquito Shield's Success w/ Michael Moorhouse
Thursday Aug 08, 2024
Thursday Aug 08, 2024
What makes a company resilient through economic downturns and rapidly changing markets? Join us as we talk to Michael Morehouse, CEO of Mosquito Shield, who reveals the strategic pivots and customer-centric innovations that have positioned his company as a leader in pest control for over two decades. Listen to Michael recount his journey with Mosquito Shield since 2008, navigating through the financial crisis, and shifting from lawn care to a specialized focus on mosquito control, significantly enhancing homeowners' outdoor enjoyment.
With unique insights from Michael's experience as a former franchisee, we explore the advantages this perspective brings to leadership. We also draw fascinating comparisons to Shelf Genie, where a franchisee-turned-CEO bolstered system-wide trust and transparency. Discover how Mosquito Shield stands out in the competitive landscape of mosquito control, offering frequent treatments, superior results, and affordable services. Real-life success stories and personal anecdotes will illustrate the brand’s compelling value proposition.
Finally, we dive into effective customer retention strategies, the importance of tailored scheduling, and the scalability of the Mosquito Shield business model. Michael shares his thoughts on financial preparedness, seasonal revenue models, and the benefits of husband-wife team franchises. Learn how Mosquito Shield empowers franchise owners to grow their businesses efficiently, ensuring long-term success and financial independence. This episode is a treasure trove for anyone interested in entrepreneurial journeys and the intricacies of franchising.
Learn more about Mosquito Shield here:
Website: https://moshield.com/
Linkedin: https://www.linkedin.com/company/mosquito-shield/
Michael Moorhouse Linkedin: https://www.linkedin.com/in/michaelmoorhouse/
TIMESTAMPS:
(00:14) Mosquito Shield
(06:27) Franchisee Experience in Business Ownership
(11:08) Market Differentiation in Mosquito Control
(15:27) Customer Retention in Mosquito Business
(21:01) Seasonality and Business Comparison
(29:19) Entrepreneurial Transition and Success Strategies
(39:55) Scalable Business Model and Hiring Strategies
(53:14) Franchise Growth and Empowerment
Join the FREE Path To Freedom Facebook Group here:
https://www.facebook.com/groups/1634819733719715/
7 Steps to Owning a Franchise:
https://path2frdm-1.hubspotpagebuilder.com/path-to-freedom-about-franchising
If you would like to learn more about this particular franchise opportunity or discuss franchise ownership in general - feel free to use the link to my calendar below to schedule a free, no-obligation introductory meeting.
https://calendly.com/wes-barefoot/introcallwithwes
Connect with Wes:
Instagram: https://www.instagram.com/path2frdm/
Facebook: https://www.facebook.com/path2frdm
Linkedin: https://www.linkedin.com/in/wesleybarefoot/
#Franchise #Mosquito #Business
Thursday Aug 01, 2024
Game-Changing Innovation in the Cabinet Industry w/ Michael Hartel
Thursday Aug 01, 2024
Thursday Aug 01, 2024
Join us for an insightful episode of the Path to Freedom podcast as we sit down with Michael Hartel, founder and CEO of Cabinet IQ. Michael shares the innovative strategies his company employs in the high-tech cabinet and countertop industry. Discover how Cabinet IQ's approach to custom kitchen solutions, bolstered by significant investments in technology and consumer research, sets them apart from the competition. Michael also explains the effectiveness of their design deposit strategy, which not only ensures client commitment but also streamlines the entire process, leading to more successful and satisfying kitchen remodels.
Listen in as we explore the intricacies of franchise wealth creation and showroom innovation. The conversation touches on the challenges of providing free estimates and how transitioning to a design retainer model has enhanced the efficiency and professionalism of the business. We also highlight the importance of creating a differentiated customer experience, focusing on how being slightly better than competitors can make a significant impact. Michael recounts his journey from free consultations to establishing successful showrooms, integrating countertops into their offerings for added convenience.
Finally, Michael shares his personal journey from engineering to cabinet innovation, detailing how his career path led him to the cabinet industry. We discuss the qualities that make an ideal franchise owner, emphasizing core values and the importance of effective customer relations. The episode wraps up with a look at the benefits of networking in the franchising community and the positive experiences that come with it. Don't miss out on this engaging and informative discussion about revolutionizing the cabinet industry and the keys to franchise success.
Learn more about Cabinet IQ here:
Website: https://cabinetiq.com/
Michael's Linkedin: https://www.linkedin.com/in/michael-hartel-phd-1669ba14/
TIMESTAMPS:
(00:01) Qualifying Ideal Customers for Cabinet Business
(08:29) Franchise Wealth Creation and Showroom Innovation
(17:16) Differentiated Customer Experience in Cabinet Industry
(23:47) From Engineering to Cabinet Innovation
(32:46) Franchise Values for Success
(41:49) Franchise Flexibility and Innovation
(44:58) Franchise Expansion and Subcontracting Benefits
(57:04) Networking and Franchising in Cabinet Industry
Join the FREE Path To Freedom Facebook Group here:
https://www.facebook.com/groups/1634819733719715/
7 Steps to Owning a Franchise:
https://path2frdm-1.hubspotpagebuilder.com/path-to-freedom-about-franchising
If you would like to learn more about this particular franchise opportunity or discuss franchise ownership in general - feel free to use the link to my calendar below to schedule a free, no-obligation introductory meeting.
https://calendly.com/wes-barefoot/introcallwithwes
Connect with Wes:
Instagram: https://www.instagram.com/path2frdm/
Facebook: https://www.facebook.com/path2frdm
Linkedin: https://www.linkedin.com/in/wesleybarefoot/
#Franchise #Cabinets #Business
Thursday Jul 25, 2024
Revolutionizing The Window Cleaning Industry w/ Chris Stoness
Thursday Jul 25, 2024
Thursday Jul 25, 2024
What if you could revolutionize a traditionally stagnant industry using innovative thinking and a fresh perspective? Join us on the Path to Freedom podcast as we chat with Chris Stoness, the dynamic founder and CEO of Elite Window Cleaning and Sparkle Squad. Chris takes us through his fascinating journey from the music industry to transforming the window cleaning business. Discover how his unique approaches to equipment, processes, branding, and marketing have set his companies far ahead of the curve, offering insights into achieving high ROI in service businesses through intentionality and innovation.
Through the lens of company culture, we explore the critical role it plays in driving employee satisfaction and business growth. Learn how fostering a fun, modern workplace can attract a younger, more engaged workforce and reduce turnover. Chris shares his secrets to creating a supportive environment where investing in people over marketing pays off in sustained success and customer loyalty. Hear firsthand how showcasing your company culture on social media can make a significant impact on your business.
Chris also delves into the keys to franchise success and the importance of building strong relationships and effective consultation practices. We discuss the exciting expansion of Sparkle Squad into the U.S. through a partnership with Happinest, highlighting the strategic focus on commercial window cleaning and the role of continuous coaching for franchise owners. Chris's passion for growth and the potential within the industry shines through, offering listeners a wealth of knowledge and motivation to join the movement and transform their own business ventures.
Connect with Chris and Sparkle Squad:
Chris' Linkedin:
https://www.linkedin.com/in/chrisstoness/
Sparkle Squad Linkedin: https://www.linkedin.com/company/sparklesquad/
Instagram:
https://www.instagram.com/sparklesquadinc/
TIMESTAMPS:
(00:01) Revolutionizing the Window Cleaning Industry
(10:31) Fostering a Culture of Growth
(17:42) Innovative Window Cleaning Business Model
(31:25) Maximizing Franchise Success Through Relationships
(36:56) Franchise Expansion and Technology Innovation
(49:52) Expanding Into Commercial Window Cleaning
(54:08) Building Sparkle Squad Business
(58:14) Empowering Growth in Window Cleaning
Join the FREE Path To Freedom Facebook Group here:
https://www.facebook.com/groups/1634819733719715/
7 Steps to Owning a Franchise:
https://path2frdm-1.hubspotpagebuilder.com/path-to-freedom-about-franchising
If you would like to learn more about this particular franchise opportunity or discuss franchise ownership in general - feel free to use the link to my calendar below to schedule a free, no-obligation introductory meeting.
https://calendly.com/wes-barefoot/introcallwithwes
Connect with Wes:
Instagram: https://www.instagram.com/path2frdm/
Facebook: https://www.facebook.com/path2frdm
Linkedin: https://www.linkedin.com/in/wesleybarefoot/
#Franchise #SparkleSquad #Franchising
Thursday Jul 18, 2024
Strategic Financial Mastery w/ Nolan Bradbury
Thursday Jul 18, 2024
Thursday Jul 18, 2024
Join us for an insightful episode as we explore the essential role of accounting in business with our special guest, Nolan Bradbury, founder of Bradfield Accounting and Advisory. We discuss why accounting should be a strategic tool for business owners rather than an afterthought. By comparing financial health to physical health, we highlight the necessity of consistent attention to accounting practices to drive profitability and make informed decisions. Nolan shares how a strategic approach can transform intuition-based decision-making into data-driven insights, especially as businesses scale.
We also cover the importance of choosing the right financial partner, whether it's a bookkeeper or CPA, and how these relationships should be viewed as partnerships. Personal anecdotes illustrate the significant benefits of finding a financial partner who aligns with your business needs and communication style. Furthermore, we tackle the challenges of navigating growth plateaus, using the rule of three and ten to demonstrate how outdated practices can hinder progress and the importance of process adjustments as businesses expand.
Lastly, we emphasize the critical alignment of business growth goals with personal lifestyle aspirations. Real-life examples show how understanding true motivations behind business goals can lead to better work-life balance and satisfaction. Nolan's unique approach in the accounting industry stands out, offering proactive steps and education for small business owners. Listen in for valuable takeaways on strategic financial planning, tax management, and empowering business owners through education.
Connect with Nolan here:
Website: https://bradfieldco.com/
Linkedin: https://www.linkedin.com/in/nolan-bradbury/
Timestamps:
(00:14) Understanding the Importance of Accounting
(13:09) Choosing the Right Financial Partner
(20:45) Navigating Growth Plateaus in Business
(26:04) Realigning Goals for Business Growth
(29:18) Realigning Business Goals for Success
(35:52) Navigating Strategic Growth Decisions
(43:16) Proactive Financial Planning for Business
(49:41) Managing Business Taxes and Finances
(59:43) Empowering Small Business Owners Through Education
Join the FREE Path To Freedom Facebook Group here:
https://www.facebook.com/groups/1634819733719715/
7 Steps to Owning a Franchise:
https://path2frdm-1.hubspotpagebuilder.com/path-to-freedom-about-franchising
If you would like to learn more about this particular franchise opportunity or discuss franchise ownership in general - feel free to use the link to my calendar below to schedule a free, no-obligation introductory meeting.
https://calendly.com/wes-barefoot/introcallwithwes
Connect with Wes:
Instagram: https://www.instagram.com/path2frdm/
Facebook: https://www.facebook.com/path2frdm
Linkedin: https://www.linkedin.com/in/wesleybarefoot/
#Finance #Accounting #business
Thursday Jul 11, 2024
Boost Your Business: Tailored Marketing Tactics w/ Austin LaRoche
Thursday Jul 11, 2024
Thursday Jul 11, 2024
In this podcast episode, the host interviews Austin Laroche, CEO of ATAK Interactive, about his company's evolution and marketing to sales framework. They discuss ATAK Interactive's mission to leverage technology for business growth, offering services like marketing technology optimization and lead generation. Austin shares insights on the challenges of modern marketing, emphasizing tailored strategies and A/B testing. They explore the importance of understanding client needs, the impact of AI, and the necessity of genuine, less salesy approaches. The episode concludes with a discussion on the complexities of marketing for small businesses and the significance of personalized strategies.
Learn more about ATAK Interactive here:
Website: https://www.atakinteractive.com/
Linkedin: https://www.linkedin.com/company/atak-interactive/?originalSubdomain=it
Connect with Austin here:
https://www.linkedin.com/in/austinlaroche/
Timestamps:
Introduction and Overview (00:00:14)
Overview of Attack Interactive's Services (00:01:57)
Evolution of Attack Interactive and Marketing Challenges (00:05:55)
Discussion on Social Media and Marketing Strategies (00:06:51)
Navigating the Marketing Ecosystem and AI (00:09:14)
Google's Cryptic Algorithm and Marketing Strategies (00:14:20)
Franchising and Marketing Challenges (00:17:46)
Understanding Client's Business and Tailoring Marketing Strategies (00:21:52)
Understanding the Responsibility (00:22:18)
The Marketing to Sales Framework (00:23:18)
Different Marketing Approaches for Franchises (00:24:12)
Tailoring Marketing Support (00:27:06)
Understanding Customer Hesitations (00:33:30)
Marketing Budget as an Investment (00:37:51)
Challenges with Advertising Platforms (00:38:20)
Different Advertising Vehicles (00:41:25)
Measuring Marketing Effectiveness (00:43:41)
Marketing Mix Strategy (00:44:51)
Understanding Buyer Behavior (00:46:53)
Challenges of Attribution (00:49:45)
Optimizing Marketing Efforts (00:53:41)
Evaluating Marketing ROI (00:55:50)
Adapting to Changing Trends (00:57:46)
Importance of Sales Process (01:00:03)
Building Trust through Value (01:03:27)
The importance of being genuine (01:06:23)
Impact of AI in marketing (01:07:29)
Automated tools and AI in business (01:08:26)
Enhancing marketing with AI tools (01:11:00)
Challenges of AI adoption in marketing (01:13:28)
Join the FREE Path To Freedom Facebook Group here:
https://www.facebook.com/groups/1634819733719715/
7 Steps to Owning a Franchise:
https://path2frdm-1.hubspotpagebuilder.com/path-to-freedom-about-franchising
If you would like to learn more about this particular franchise opportunity or discuss franchise ownership in general - feel free to use the link to my calendar below to schedule a free, no-obligation introductory meeting.
https://calendly.com/wes-barefoot/introcallwithwes
Connect with Wes:
Instagram: https://www.instagram.com/path2frdm/
Facebook: https://www.facebook.com/path2frdm
Linkedin: https://www.linkedin.com/in/wesleybarefoot/
#Marketing #PathToFreedom #Entrepreneur
Wednesday Jul 03, 2024
Unlocking Success in Self-Storage Investing w/ Jacob Vanderslice
Wednesday Jul 03, 2024
Wednesday Jul 03, 2024
Unlock the secrets of successful self-storage investing with Jacob Vanderslice, co-founder of Van West Partners. Learn how to transform underperforming properties into thriving assets through effective management and operational improvements. We’ll dive into the strategies behind their self-storage funds and single asset syndications, highlighting the importance of long-term holding while staying open to opportunistic sales.
Explore the journey from residential real estate to self-storage ownership, with Jacob sharing lessons learned from over a decade in the industry. Discover the unique challenges of self-storage, from evictions to property damage, and how they differ from the transactional nature of residential fix-and-flips. Hear about some of the more unexpected hurdles faced in the self-storage world, offering invaluable insights for aspiring investors.
From dynamic revenue management to the benefits of ancillary income streams, this episode covers everything you need to know about maximizing profits in the self-storage market. We’ll discuss evaluating potential investments, understanding sub-market specifics, and the cyclical nature of the industry. Plus, get the lowdown on connecting with Jacob and Van West Partners for future real estate ventures and opportunities.
Connect with Jacob and VanWest here:
Email: jacob@vanwestpartners.com
Website: vanwestpartners.com
Linkedin: https://www.linkedin.com/in/jacob-vanderslice-02905b16b/
TIMESTAMPS:
(00:14) Self-Storage Investing Strategies and Tactics
(07:35) Real Estate Investing and Self-Storage Challenges
(14:19) Benefits of Self-Storage Investing
(24:25) Navigating Self-Storage Market Trends
(35:30) Investing in Self-Storage Properties
(42:37) Real Estate Investment Risk and Reward
(52:16) Diversified Investing Strategies and Risks
(01:02:53) Connecting With Van West Partners
Join the FREE Path To Freedom Facebook Group here:
https://www.facebook.com/groups/1634819733719715/
7 Steps to Owning a Franchise:
https://path2frdm-1.hubspotpagebuilder.com/path-to-freedom-about-franchising
If you would like to learn more about this particular franchise opportunity or discuss franchise ownership in general - feel free to use the link to my calendar below to schedule a free, no-obligation introductory meeting.
https://calendly.com/wes-barefoot/introcallwithwes
Connect with Wes:
Instagram: https://www.instagram.com/path2frdm/
Facebook: https://www.facebook.com/path2frdm
Linkedin: https://www.linkedin.com/in/wesleybarefoot/
#Storage #StorageUnit #Investing #PathToFreedom #Entrepreneur
Thursday Jun 27, 2024
Thursday Jun 27, 2024
Join us on this episode of the Path to Freedom podcast as we sit down with Drew McWilliams, the co-founder and CEO of IvyBrook Academy. Drew shares the inspiring journey of creating a unique national half-day preschool that caters to parents who stay home but want their children to receive a strong educational foundation and socialization before kindergarten. He recounts the backstory of IvyBrook's founding, inspired by his wife's experience as a first-grade teacher and their mutual recognition of the need for better early education options.
Listen in as Drew discusses the benefits and considerations of becoming a franchisee in the preschool business. He explains how investing in a franchise like Ivy Brook can accelerate business success and provide a quicker return on investment compared to starting an independent business. Drew recounts their journey from running successful preschools in Charlotte, North Carolina, to expanding nationally through franchising, challenging the misconception that franchising is limited to fast food chains.
In our conversation, we also explore the distinct advantages of IvyBrook's half-day model and its proprietary curriculum. Drew shares compelling stories of how Ivy Brook's educational approach has positively impacted families, highlighting the significant milestone of awarding the 100th franchise location. Additionally, Drew provides insights into his passion for real estate investing and how he balances work and family life, offering valuable lessons for aspiring entrepreneurs. Don't miss this engaging and informative episode with Drew McWilliams!
Learn more about IvyBrook Academy here:
Website: https://www.ivybrookacademy.com
Facebook: https://www.facebook.com/ivybrookacademy
Instagram: https://www.instagram.com/ivybrookacademypreschools/
TIMESTAMPS:
(00:01) Childcare Franchise Founder Interview
(13:20) Franchise Ownership
(18:06) Franchise Expansion and Educational Curriculum
(32:06) Franchise Model Differentiators
(45:19) Real Estate Investing Education and Opportunities
(55:54) Franchising Ivy Brook Growth Story
Join the FREE Path To Freedom Facebook Group here:
https://www.facebook.com/groups/1634819733719715/
7 Steps to Owning a Franchise:
https://path2frdm-1.hubspotpagebuilder.com/path-to-freedom-about-franchising
If you would like to learn more about this particular franchise opportunity or discuss franchise ownership in general - feel free to use the link to my calendar below to schedule a free, no-obligation introductory meeting.
https://calendly.com/wes-barefoot/introcallwithwes
Connect with Wes:
Instagram: https://www.instagram.com/path2frdm/
Facebook: https://www.facebook.com/path2frdm
Linkedin: https://www.linkedin.com/in/wesleybarefoot/
#Franchise #IvyBrookAcademy #PathToFreedom #Entrepreneur