Taking Ownership

Taking Ownership

Attorney Leh Meriwether and Franchise owner Reid Trego discuss the ins and outs of franchise and business ownership. They do not want you to make the mistake of buying a job. Instead, they want you to move your frame of reference. Rather than look at a business from the outside in, Leh and Reid want to teach you to look from the inside out.

Episodes

March 13, 2022 50 min
Leh and Reid interview Len Silverman, the International Franchise Association’s 2017 Franchisee of the Year award winner. He owns multiple Huntington Learning Center Franchise locations. Len discusses multiple aspects of his business journey, including how it started and later evolved into something much greater than himself. He also shares how his trust in the system and investment into one manager turned an under performing locat...
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In this show, Leh and Reid interview Vince Bonfanti, a proud franchisee of Expedia Cruises.  Before owning a franchise, he co-founded a software company that still exists today.  There came a point, however, where he wanted to try something different.  Since he did not want to build something from scratch again, he decided to look into franchise opportunities and landed on Expedia Cruises.  Tune in to hear his journey, what he lear...
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In this show, Leh and Reid had a one year check-up on a previous guest. John Hotaling came back on the show to talk about how he has faired through the pandemic and what new obstacles he is facing. 

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Many people come up with good marketing ideas.  But, these marketing ideas often fail in the execution phase.  The best way to ensure that your marketing strategy is being executed is through the right marketing systems.  In this show, Reid and Leh discuss 5 marketing systems that help you keep the customers coming.

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In today's show, Leh and Reid talk about 5 must accounting systems that you should have in your business to help ensure its long term success (and make your life easier). If numbers tend you put you to sleep, still tune in. They bring this subject to life and generally discuss software that they have used to help them with their accounting.   Of course, if you are considering franchise ownership, the good thing is that franchis...
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In today's show, Leh and Reid explore the common objections they have heard to owning an Amazon DSP (Delivery Service Provider). It is a very interesting business model that is worth exploring.  

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Leh and Reid had the pleasure of interviewing Kevin Williams.  He   owns three Chick-fil-A store locations and takes joy in doing more than just selling a great chicken sandwich.  He loves to grow his organization through irrational kindness.  So much so, he decided to write a book called . . . Irrational Kindness, The Crazy Pursuit of an Extraordinary Life. In this show, Kevin shares with us his journey, shows how the Chick-fil-A ...

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Leh and Reid had the pleasure of interviewing Gabriel Rudge, a proud owner of a School of Rock Franchise.  Despite his fantastic leadership position at Coca-Cola, Gab felt like something was missing.  When he looked at what the next 20 years of his life was going to be like, he realized that he wanted something more real . . . more tangible . . . something where he can see the difference he was making in others lives.  That is what...

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In this show, Leh and Reid break down which HR systems you should have in place for your business starting with an Organizational Chart.  While this may seem silly if the business is just comprised of you, it is one of the best things you can do when it comes to growth and sustainability.  Tune in to find out what they mean.  From there, they also cover everything from hiring to firing and everything in between.  Put these 8 system...

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Reid and Leh had the honor and privilege of interviewing Scott Callaway, the Operations Manager of Be Pro Be Proud Georgia.  This organization is doing amazing things to help the next generation find their true calling.  Their efforts will spawn a whole new generation of entrepreneurs and small business owners.  And, their work is helping existing business owners find extremely qualified employees to help build their businesses and...
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In this show, Leh and Reid interview Dan Thrailkill.  This was a slightly different episode than past shows.  We focused more on taking ownership of your life so that you can take ownership of your business.  Imagine having to sample your blood 8 times a day, and, depending on the results of that test, you may have to inject yourself with a needle.  You are constantly having to monitor your health throughout the day.  For some it c...

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When you buy a franchise, one of the biggest values are the systems that have been developed.  But why are they so valuable? In this show, we break down what we mean when we say 'systems'; why they are so valuable; what are the most common objections to creating systems in the first place (which we debunk); and what you should systematize in your business.

If you are considering buying a franchise, email us at takingownersh...

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Leh and Reid had the pleasure of interviewing Jarid Ison, the proud new franchisee owner of College HUNKS Hauling Junk and Moving.  He had the courage to open his business in the middle of the COVID19 pandemic.  There were some sleepless nights, but he trusted the system and it paid off . . . big time.  On day one he had customers.  In just three months the business was in the black.   And, not only is the business profitable, he i...

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If you are considering owning a franchise, but are afraid to engage the services of a franchise consultant over cost concerns, don't be.  It costs you nothing, but not seeking the help of a franchise consultant could cost you money and time.  This is just one of the reasons to consider using a consultant to help you navigate this wonderful new adventure.  Join Leh and Reid as they discuss the advantages that a franchise consult...

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In this episode, Leh and Reid discuss the franchise opportunities that exist today despite the current uncertainty in our world.  They focus on the 'home service' side of franchises, many of which have a relatively low barrier to entry.  Rather than discuss particular franchises, they explore 20 different types of services that franchises are offering to customers.  If you wondered just what kind of options there are out th...

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When they sat down to put together this show, Leh and Reid kept reading one negative story after another.  Fortunately, they hate negative news so they kept digging for something positive to discuss.  They found emerging franchise opportunities where business aren't just surviving but thriving.  If you are considering a change from your current employment but think there are no good options right now, you might be pleasantly su...

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A listener recently asked what kind of franchise fees can they expect to pay when buying a franchise.  In this show, Leh and Reid answer the question and discuss the most common franchise fees you can expect to pay when buying a franchise.  They also discuss why they are not only worth it, but often a bargain compared to you having to replicate the hard work of the Franchisor on your own.  

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Leh and Reid interview Tom Aagaard, a 20 year owner of multiple Great Clips franchise locations.  He currently owns 42 locations and has had an interesting journey.  Along the way, he actually owned 9 different franchises.  He explains how he got started, the importance of finding a franchise that is in alignment with your values, and the advantages of franchise ownership when you need make a change.

If you have any questions you w...

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In today's show, Leh and Reid discuss the different types of franchises that are out there, including home based, retail based, and master franchises.  When people think about franchises, often the first thing that comes to mind is fast food chains.  Fortunately, that is only one of many kinds of business franchise opportunities out there for you to consider.

If there is something you would like for us to discuss on the show, j...

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In this show, Leh and Reid discuss 10 common misconceptions that can lead to failure when buying a franchise.  They break down each one and explain how you can set yourself up for failure if you buy a franchise with the wrong mindset.  They want you to build a successful business for you, your family, and the people you employ.  The 10 Common misconceptions they explore include:

  • You're guaranteed to succeed
  • It’s the Franchisor’s...
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