In this episode, Jared Johnson sits down with Michael Seitz, CEO & Chairman of EarthWise Pet, for a wide-ranging conversation on entrepreneurship, franchising, M&A strategy, and what it really takes to build and scale a brand in a mission-driven industry.
Michael shares how growing up in a family business shaped his values, how almost becoming a dentist led him back to his entrepreneurial roots, and the hard-earned lessons behind buying 42 stores in a single day. Whether you’re a first-time buyer, seasoned operator, or just curious about franchising from the inside out—this one is packed with insight.
Episode Highlights
[00:07:30] — The power of asking better questions early in your career
[00:13:00] — Why unit-level economics are the heartbeat of franchising
[00:23:00] — Why buyers need to focus on trailing 12 months, not just historical EBITDA
[00:29:00] — What EarthWise looks for in new franchisees (hint: it’s not just the money)
[00:33:30] — Advice to 20-somethings considering their first acquisition
[00:36:00] — The #1 mistake most sellers make—and how to avoid it
[00:38:00] — What really keeps a founder going after decades in the game
Connect with Michael
- Learn more about EarthWise Pet: earthwisepetfranchise.com
- Find Michael on LinkedIn: Michael Seitz, CEO
More from Jared
If you have questions for Jared, visit: https://jaredwjohnson.com
DISCLAIMER: The views and opinions expressed in this program are my own and/or those of my guests. They do not necessarily reflect the views or positions of my employer.
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