In this episode of the Franchise My Business podcast, we are joined by Jamie Weeks, an executive chairman and founder of Honors Holdings, the largest franchisee of OrangeTheory Fitness Studios globally. He is also the executive chairman of Legacy Franchise Concepts, which is Dogtopia franchisee and the franchisor of the Sweathouse infrared Sauna Studios. Prior to entering the franchise industry, Weeks worked in wealth management and asset management for UBS and Morgan Stanley.
Jamie shares his journey from the corporate world to the franchise industry, his experiences with building and leading teams, and the challenges and opportunities in the franchise industry. He also discusses the benefits of owning a franchise business, the importance of finding the right fit with a franchisor, and the role of mentorship in business.
HIGHLIGHT QUOTES
Employee Happiness as the Key to Client Satisfaction – Jaime:“It’s really my job to make sure that those employees realize that I work for them. When they’re happy, our members and clients tend to be happy. When they’re unhappy, our members and clients tend to be unhappy. And so it’s my job to make sure those employees are happy all the time. And I can never lose that. When I lose that is when we’re… going to have a problem.”
In this episode of Franchise My Business, Kevin Oldham hosts the podcast from Costa Rica during the Commitment Summit. He shares his experience at the conference and highlights the importance of curiosity in personal growth and serving others. Kevin discusses his TEDx talk on curiosity and how being curious opens doors to new opportunities. He encourages listeners to embrace curiosity, ask questions, and explore new experiences.
HIGHLIGHT QUOTES
Curiosity can lead you on a path of discovery, trying new experiences, meeting new people, and doing new things. – Kevin:“Curiosity, I believe, is a pretty cool word to keep in mind. Because it can lead you on a path of discovery, of trying new experiences, of meeting new people, of going to new places and doing new things, right? And for me it’s been something that’s worked really well for my career because I have been curious and it’s just opened up doors that, if I were sitting on the sidelines, not playing the game sometimes those doors wouldn’t have even been visible to go through.
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In this episode of the Franchise My Business podcast, we are joined by Karen Broadwater, President of Iron Tribe Fitness, an emerging franchise system that creates careers in fitness. She has been with the organization for over a decade and has worked her way up from an administrative assistant to the CEO to her current position as President.
Iron Tribe Fitness is a fitness franchise that offers small group classes with a maximum of 16 people per class. The franchise system is unique in that it creates careers in fitness for passionate fitness professionals who may not have the business acumen to start their own fitness business. The goal is to change lives and create fitness communities that benefit staff, clients, and franchise partners.
HIGHLIGHT QUOTES
Mission of Iron Tribe Fitness to create fitness communities that change lives and provide career opportunities – Karen:“We create fitness communities that change lives, but we wanna do that for our staff. We wanna do that for our clients, we wanna do that for our franchise partners, their staff, their clients.”
Franchising allows for paying for mistakes that have already been made – Karen & Kevin: “You don’t have to do that. Yeah. And franchising, you’re really not paying. Yeah. You’re really not paying for the business. You’re paying for the mistakes that you don’t want to make anymore. That’s right. That’s right. We just wanna recover a little bit. For pain and suffering for the brain damage that we’ve inflicted on ourselves.”
In this episode of the Franchise My Business podcast, we are joined by Tami Burdick, a freelance franchise consultant known as “The Diagnosis Detective.” Tami shares the story behind her unique tagline and discusses her book, “Diagnosis Detective: Curing Granulomatous Mastitis.”
As a freelance business consultant, Tammy helps emerging and startup franchise brands navigate the complexities of franchising. She emphasizes the importance of local marketing for franchisees and highlights her expertise in guiding them through the process. Tammy’s combination of marketing and operational skills makes her a valuable asset in the franchising industry. She also emphasizes the significance of integrity in franchising, both from the franchisor’s perspective and in supporting franchisees’ success.
HIGHLIGHT QUOTES
Empowering Partners, Building Success and Eliminating Doubt – Tami: “My goal has always been to never let them for a second, second guess their decision to become a partner to begin with. And I think that’s really gratifying when you know that you’re not owning their business, but you’re helping them dramatically to be successful.”
Balancing Hands-On and Hands-Off Approaches for Success – Tami: “sometimes it’s a good idea to ask a potential franchisee that you’re in communications with, ask them to kind of paint the vision of what they think being a franchise with X, Y, Z concept is going to be like for them. Do they envision themselves being a very hands-on operator? Do they Yeah. See themselves as being more hands off? And I think that’s gonna help a franchise system really kind of identify where. They’re going to be best suited as a potential franchisee because even if you do personality assessments on, yeah, your potential franchise partners, if you get a high-esque personality or a franchise partner, they’re gonna struggle in that local marketing.
They’re gonna struggle making relationships and you know, maybe they’re gonna be a better hands off type of owner.”
In this episode of the Franchise My Business podcast, we are joined by Mayumi Young, Founder and CEO of CPA Moms. Today, we talk about buying back your time through franchising and the importance of purpose in business.
Mayumi shares her experience in building the CPA Moms franchise systems and talks about franchising also from the franchisee’s perspective. She highlights time, money, and energy as essential resources and recognizing the challenges of working in the professional environment, especially for women.
HIGHLIGHT QUOTES
Collaboration between franchise owners – Mayumi: “They have the ability to serve clients anywhere in the world. There is no competition, it’s only collaboration, franchise owners are constantly sending leads and clients across to each other. Everyone sort of has each other’s back and we say that you’re independent, but not alone. You know, the reality is, if you go alone you can go fast but if you go together, you’ll go far.”
In entrepreneurship, you always have challenges – Mayumi: “They say it all the time if you don’t have a big enough why, it’s not going to get you over the obstacles that are absolutely on the path. Everyone has them but I think the bigger the game that you play, the bigger the obstacles that you have to overcome. And I completely agree that being an entrepreneur is one of the most challenging ways of growing as a human. Being a parent is probably only the one that’s more challenging than being an entrepreneur, but they’re pretty close because your businesses do become your babies in a way.”
