In this episode, franchise broker James Hilovsky shares his journey from working in operations for a large corporation to founding his own franchise brokerage business. He highlights the advantages of owning a franchise, including the support and guidance provided, established branding and systems, and access to investment opportunities.
James is dedicated to helping entrepreneurs and sports professionals achieve their business ownership dreams. With his expertise in franchise matching and thorough due diligence, he transforms entrepreneurial goals into successful franchises.
Connect with James Hilovsky on LinkedIn https://www.linkedin.com/in/jhilovsky/.
Take their Business Assessment at The FranDream website https://www.thefrandream.com/
Enjoy this episode on your favorite podcast platform
✅ Apple → https://podcasts.apple.com/gb/podcast/episode-118-exploring-profitable-franchise-opportunities/id1625806145?i=1000664816145
✅ Youtube → https://youtu.be/RFYZYRTaY1Y
Let’s Stay Connected
✅ LinkedIn → https://www.linkedin.com/in/hannes-hennche/
Time Stamps
02:00 James Hilovsky's Money Mindset
03:42 The Benefits of Owning a Franchise
06:17 Doing Your Due Diligence in Franchise Selection
08:35 The Importance of Support in Franchise Success
12:07 Understanding Franchise Fees
14:46 Recommended Franchise Options: Dog Grooming and Muscle Recovery
24:35 Exploring Franchise Opportunities
28:32 Profitable Franchise Options
33:03 Specialized Franchise for Teslas
35:40 Challenges of the Restaurant Business
39:19 The Role of Franchisees in Success
41:22 The Importance of Effort in Coaching
44:43 The Role of a Franchise Broker
Sound Bites
"Bet on yourself, put that fear aside and try it."
"Franchising provides a tangible path to entrepreneurship with support and branding."
"Having a call center as a back office is powerful for manpower operations."
"Indoor golf studio with 24/7 access, all automated, great for passive ownership."
"At the end of the day, it's a business, it's a risk, and you're going to succeed or not because of the team you put in place and the kind of effort that you put in and how you teach your team."
#thepathtowellth #realestateinvesting #realestate #multifamily #podcast #moneymindset #franchise #business #investment #duediligence #franchisebroker
Popular Podcasts
Stuff You Should Know
If you've ever wanted to know about champagne, satanism, the Stonewall Uprising, chaos theory, LSD, El Nino, true crime and Rosa Parks, then look no further. Josh and Chuck have you covered.
Crime Junkie
Does hearing about a true crime case always leave you scouring the internet for the truth behind the story? Dive into your next mystery with Crime Junkie. Every Monday, join your host Ashley Flowers as she unravels all the details of infamous and underreported true crime cases with her best friend Brit Prawat. From cold cases to missing persons and heroes in our community who seek justice, Crime Junkie is your destination for theories and stories you won’t hear anywhere else. Whether you're a seasoned true crime enthusiast or new to the genre, you'll find yourself on the edge of your seat awaiting a new episode every Monday. If you can never get enough true crime... Congratulations, you’ve found your people. Follow to join a community of Crime Junkies! Crime Junkie is presented by audiochuck Media Company.
NFL Daily with Gregg Rosenthal
Gregg Rosenthal and a rotating crew of elite NFL Media co-hosts, including Patrick Claybon, Colleen Wolfe, Steve Wyche, Nick Shook and Jourdan Rodrigue of The Athletic get you caught up daily on all the NFL news and analysis you need to be smarter and funnier than your friends.