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:
00:00:52 Pre-Episode Discussion: Insights on Franchising
00:05:01 Gregory Moore's Journey into Franchising
00:14:18 Understanding Franchise Costs and Opportunities
00:16:25 Real-Life Franchise Success Stories
00:19:39 Financing Your Franchise
00:21:31 Assessing Franchise Risk and ROI
00:24:34 Introduction to the Belfort Group
00:25:04 Exploring Neighborly Group and Authority Brands
00:26:02 Recession-Proof Franchises
00:27:00 Franchising in the Service Industry
00:28:04 Greg's Personal Franchise Journey
00:29:28 The Role of a Franchise Consultant
00:32:13 Challenges and Advice for Aspiring Franchisees
00:35:43 Final Round: Financial Mistakes and Lessons
00:40:10 Closing Thoughts and Contact Information
Find Gregory Mohr 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®
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About Mike: https://mikecavaggioni.com
Show Notes add-on continued here: https://averagejoefinances.com/show-notes/
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See our full episode transcripts here: https://podcast.averagejoefinances.com/episodes
