Franchise Maven
Franchise Maven
Welcome to "Franchise Maven," where I navigate the exciting world of franchising. Whether you're an aspiring or seasoned entrepreneur seeking the perfect franchise or a business owner looking to scale up, this show is for you.
Greg Mohr

Anthony Franco Launch Scale and Exit Businesses

S3 E4 • Jan 15, 2025 • 29 mins

Greg Mohr introduces Anthony Franco, who shares insights into his business inspiration and the services he offers. They discuss the realities of entrepreneurship and offer advice for starting a franchise. Key steps and challenges in launching a new business are explored, alongside the difficulties and importance of networking for entrepreneurs. Anthony recounts his Shark Tank experience and shares the best advice he received. The conversation covers strategies for scaling and deciding when to sell a business, as well as the process of working with a broker and life after a business exit. They conclude with planning and examples of post-exit activities, providing contact information and closing remarks. http://www.howtofounder.com/

Key Points

  • Entrepreneurship often requires finding a balance between doing what you're passionate about and being realistic about the challenges, such as competition and high rates of failure.
  • Scaling a business effectively involves critical steps like hiring the right people, delegating tasks, and knowing when to bring in outside expertise to manage growth.
  • The decision to sell a business is deeply personal and should be driven by factors like losing passion for the business or recognizing that someone else might be better suited to take it to the next level.
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