
The 10th Franchisee is Different than the 210th Franchisee
David Prod
Description
<p class="p1">Today I talk to JT Thiessen with Budget Blinds. A very well established brand that is absolutely crushing it with happy successful franchisees</p> <p class="p2"> </p> <p class="p1">JT said something that stopped me in my tracks:</p> <p class="p1">"The 10th franchisee is different than the 210th franchisee"</p> <p class="p2"> </p> <p class="p1">It's true!</p> <p class="p2"> </p> <p class="p1">✔️ Their mindset is different</p> <p class="p1">✔️ Their experience is different</p> <p class="p1">✔️ They're a different buyer</p> <p class="p2"> </p> <p class="p1">It's important to understand this! When you're buying a franchise, you're obviously going to have a different experience depending on what kind of brand you buy, but you're also going to have a different experience whether you buy an emerging brand or an established brand.</p> <p class="p2"> </p> <p class="p1">As a brand grows, they inevitably start to delegate parts of the business so they can scale. For this reason, you may have a different experience than a franchisee who purchased the same brand with it was emerging.</p> <p class="p2"> </p> <p class="p1">You may:</p> <p class="p2"> </p> <p class="p1">-have less direct access to the founder</p> <p class="p1">-have an onboarding process that looks different than what early franchisees experienced</p> <p class="p1">-have access to vendors right away that early franchisees didn't have until later</p> <p class="p1">-and more!</p> <p class="p2"> </p> <p class="p1">These are things to keep in mind when you're validating with Franchisees.</p> <p class="p2"> </p> <p class="p1">Let's dive in!</p> <p class="p2"> </p> <p class="p1"> --------------------------------------------------------------------------------------------------------------------</p> <p class="p2"> </p> <p class="p1">Looking to dive deeper into the world of franchising?</p> <p class="p1">Join the largest, most helpful Facebook group in franchising here: FranchiseSecretsGroup.com ⬅️</p> <p class="p2"> </p> <p class="p2"> </p> <p class="p1">
Uploader
Episodes
The 10th Franchisee is Different than the 210th Franchisee
David Prod