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June 9, 2024
253. Unlocking Franchise Success with Gregory Mohr
Join us on Average Joe Finances as our guest Gregory Mohr shares his personal journey from a high school paper route to becoming a franchise consultant, offers insights on how to get started in franchising, financing options, and the importance of being coachable. He also discusses the benefits of franchises in recession-proof industries and the significance of understanding sales to succeed in entrepreneurship.
In this episode:
- Greg underscores the importance of using past triumphs and experiences in the franchising sphere.
- Greg's book and concept showcase franchising as an avenue to entrepreneurial freedom and success.
- Discuss the cost distinction between brick and mortar franchises and service industry franchises.
- Learn the potential use of franchises to boost pre-existing businesses or initiatives is examined.
- And so much more!
Key Moments:
00:04:27 Gregory Mohr's Journey into Franchising
00:05:17 The Path to Entrepreneurship and Franchising
00:14:37 Understanding the Costs and Benefits of Franchising
00:16:44 Real-Life Success Stories in Franchising
00:20:12 Financing Your Franchise: Options and Advice
00:21:50 Evaluating Franchise Opportunities and Risks
00:23:42 Franchise Disclosure and Validation
00:23:59 Real Estate Marketing Solutions
00:25:02 Podcast and Social Media Services
00:25:42 Franchise Research and Success Stories
00:26:08 Top Franchises to Consider
00:28:07 Recession-Proof Franchise Opportunities
00:30:09 Franchise Ownership and Consulting
00:37:48 Final Round: Financial Mistakes and Lessons
Find Gregory Mohr on on:
Website: www.franchisemaven.com
LinkedIn: https://www.linkedin.com/in/gregorykmohr/
Instagram: https://www.instagram.com/franchisemaven/?hl=en
Twitter: https://twitter.com/Franchise_Maven
Facebook: https://www.facebook.com/FranchiseMaven/
Average Joe Finances®
All of our social media links and more: https://averagejoefinances.com/links
About Mike: https://mikecavaggioni.com
Show Notes add-on continued here: https://averagejoefinances.com/show-notes/
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David C Barnett Small Business and Deal Making M&A SMBI discuss buying, selling, financing and managing small and medium sized businesses...
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Chapters
18:12 - [Ad] Life Money & More
18:58 - (Cont.) 253. Unlocking Franchise Success with Gregory Mohr
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