302: Common Pitfalls To Avoid When Selecting a Franchise with Scott Milas

<p>Scotty has been an entrepreneur dating back to his teen years, where he started small businesses mowing lawns, raking leaves and shoveling snow. In his early twenties, he began a career with a major news organization as a cameraman for the White House Press Corp. Several years later, Scotty could not ignore the calling of his entrepreneurial spirit, and so left the news industry to pursue a career in business.</p> <p><br></p> <p>After 35+ years of experiences Scotty has been a significant contributor in various senior leadership positions. Scotty is a team player and recently utilized his expertise in development to help build a well-known national fast-casual concept. His tenure in franchising has landed him on leadership panels at several franchise conferences. Scotty has also earned his certification as a CFE, Certified Franchise Executive.</p> <p><br></p> <p><br></p> <p>*DISCLAIMER - We are not giving any financial advice. Please DYOR*</p> <p><br></p> <p><br></p> <p><strong>(00:00 - 05:16) Opening Segment</strong></p> <p>- Scott is introduced as the guest Host</p> <p>- Scott shares something interesting about himself</p> <p><br></p> <p><strong>(05:16 - 33:54) Common Pitfalls To Avoid When Selecting a Franchise</strong></p> <p>- Scott shares how he gets started with a franchising business</p> <p>- Scott shares if the franchising business is still good in the current environment</p> <p>- He also shares why would someone look for while choosing a franchising</p> <p>- Also he talks about what are some common pitfalls to avoid in selecting franchising</p> <p>- Scott shares his biggest success story in franchising&nbsp;</p> <p>- He shares his failures in the franchising business&nbsp;</p> <p><br></p> <p><br></p> <p><strong>(23:22 - 29:21) Fire Round</strong></p> <p>- Scott shares if she would change her investment strategy</p> <p>- Scott also shares his favorite Finance, real estate book, or any related book</p> <p>- Also Scott shares about the website and tools that they can recommend</p> <p>- Scott's advice to