Adam Goldman Shares EXPERT Franchise Success Secrets
Considering franchising as a path to business ownership? Join host NaRon Tillman on Walk in Victory for an insightful conversation with franchise consultant Adam Goldman. This episode dives into the essential elements of franchise success, from...
Considering franchising as a path to business ownership? Join host NaRon Tillman on Walk in Victory for an insightful conversation with franchise consultant Adam Goldman. This episode dives into the essential elements of franchise success, from developing the right mindset to conducting thorough due diligence. Adam shares personal anecdotes and expert advice on understanding your "why," leveraging proven systems, exploring various franchise opportunities (including non-traditional options), and ensuring a strong cultural fit. Whether you're just starting to explore franchising or ready to take the next step, this episode provides valuable insights for personal and financial growth.
Key Takeaways:
- The crucial role of mindset in achieving franchise success.
- The benefits of following a proven franchise system.
- Exploring diverse franchise opportunities, including non-traditional options.
- The importance of due diligence and cultural fit in selecting a franchise.
- Understanding the challenges and rewards of franchise ownership.
Timestamps:
- 00:00 Welcome to Walk in Victory
- 01:20 The Power of Mindset
- 03:39 Opportunities and Franchising
- 04:40 A Cautionary Tale
- 08:16 The Importance of Systems in Business
- 09:41 Exploring Franchise Niches
- 13:26 The Why Behind Franchising
- 15:31 Overcoming Personal Challenges
- 18:58 Keys to Franchise Success
- 20:12 Secrets of High-Performing Franchisees
- 20:32 McDonald's Pricing Dilemma Post-Pandemic
- 21:43 The Importance of Due Diligence in Franchising
- 22:55 Evaluating Potential Franchise Owners
- 24:08 Finding the Right Franchise Fit
- 25:56 Challenges and Benefits of Running a Franchise
- 26:49 Transitioning from Franchisee to Franchise Connector
- 28:11 The Journey to Becoming a Franchise Matchmaker
- 33:12 Advice for Aspiring Franchise Owners
- 38:43 The Impact of Franchising on Personal Life
- 39:20 Conclusion and Final Thoughts
Call to Action:Want to be a guest on Walk In Victory? Send NaRon Tillman a message on PodMatch, here: https://www.joinpodmatch.com/walkinvictory
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Adam Goldman
Franchise Coach
The nation’s top franchise coach and consultant, Adam Goldman, knows that even with well-paying jobs, there is one major problem in Corporate America: you can't pursue your own dreams while working or someone else. Franchising has allowed Adam, father of three, to achieve his own dreams.
Over the past 7 years, Adam has helped hundreds of people to change their lives through franchise business ownership. He helps others find the right franchise for them and goes on to match them with the right opportunity in their area.
During his 20-year career as a business investor and franchise consultant, Adam has founded three successful companies on two continents. These include an IT company in Poland and a real estate investment company in Texas. Most recently, he grew the Vanguard Cleaning Area Developer concept in Houston into a multi-million-dollar enterprise, generating over 30 franchisees and 300 customers, which he has now sold.
In his latest book, The Franchisee Lifestyle, Adam interviews existing franchisees from diverse backgrounds about their own journeys into independence. Demystifying the world of franchising, Adam’s book provides invaluable insights into the key factors that can make or break a franchise deal, helping readers avoid potential pitfalls and make informed decisions, as well as the unique benefits and opportunities that come with being part of a well-established brand.
