Franchise Secrets Podcast

Thinking about buying a franchise? Erik Van Horn and Bobby Brennan break down the real journey: from the "fee stage" burn to stabilization, optimization, and finally scale or exit. We cover why "passive" is a myth, how to avoid starving your marketing, when (and when not) to use profit sharing, and what separates podium revenue from real EBITDA.   Timestamps:    00:00 Don't buy a franchise for short-term income 00:42 Intro: Franchise Secrets w/ Eric & Bobby 01:12 The "passive" myth & real losses 02:51 Transparency from operators & brokers 12:40 Phase 1: Investment/Burn (intentional negative cash flow) 22:54 Phase 2: Stabilization (6–18 months) 33:02 Phase 3: Optimization (18–36 months) 44:08 Phase 4: Scale or Exit (Years 3–7) 49:06 Owner vs employee mindset (long-term wealth) 51:54 Wrap-up + resources & links   Connect with Erik Van Horn: 🌐 Website - https://franchisesecrets.com/    📷 Instagram - https://www.instagram.com/erikvanhorn/   👍 Facebook - https://www.facebook.com/erik.v.horn/   💼 LinkedIn - https://www.linkedin.com/in/evanhorn/    Best Franchise Starter Playlist: https://youtube.com/playlist?list=PLEEithd54kMlgRgsBAo4LWNCMSOthnK0r&si=TD1z25-ie2d23rGm https://youtube.com/playlist?list=PLEEithd54kMle5_OUXiuLbc_UPBtz1vTE&si=uCOgDya1VnnCarDf https://youtube.com/playlist?list=PLEEithd54kMk2Kw07KwZGWgF8UTx9N5_T&si=ZldjBOqFanGE-JUL   #Franchise #Franchisee #FranchiseSecrets

Many entrepreneurs fail at investing for one simple reason: they say "yes" too much. In this episode, Erik Van Horn and Justin Donald break down the investor mindset, tax plays that compound, and how world-class networks unlock better terms, sponsors, and returns—plus the Guardian Bikes grand-slam story (featuring Mark Cuban).   Timestamps:   00:00 – Why great investors say "no" 95% of the time 01:57 – Solar credits & how fast legislation changes 03:56 – Masterminds that pay for themselves 04:24 – Compounding: tax, education, deals 07:37 – Money-back guarantees from sponsors?! 11:06 – The real ROI of networks (vendors, sponsors, peers) 12:40 – Deal terms you should ask for: the "put option" 24:53 – How to spot outlier deals that look "the same" 46:56 – Family-office asset allocation (60/40 is dead) 50:44 – Build a non-emotional investment machine   Resources Mentioned   Website: lifestyleinvestor.com  – free resources, masterclasses, masterminds, and courses   Podcast: https://lifestyleinvestor.com/podcast/   Book: The Lifestyle Investor (updated & expanded edition) https://access.lifestyleinvestor.com/lifestyleinvestor-book?utm_source=website&utm_medium=organic&utm_campaign=redirect   Free strategy call: lifestyleinvestor.com/consultation     Connect with Erik Van Horn: 🌐 Website - https://franchisesecrets.com/    📷 Instagram - https://www.instagram.com/erikvanhorn/   👍 Facebook - https://www.facebook.com/erik.v.horn/   💼 LinkedIn - https://www.linkedin.com/in/evanhorn/    Best Franchise Starter Playlist: https://youtube.com/playlist?list=PLEEithd54kMlgRgsBAo4LWNCMSOthnK0r&si=TD1z25-ie2d23rGm https://youtube.com/playlist?list=PLEEithd54kMle5_OUXiuLbc_UPBtz1vTE&si=uCOgDya1VnnCarDf https://youtube.com/playlist?list=PLEEithd54kMk2Kw07KwZGWgF8UTx9N5_T&si=ZldjBOqFanGE-JUL   #Compounding #Masterminds #Dealflow

From Googling "Can you sell a franchise after 4 months?" to owning and scaling a multi-brand franchise empire, Anna Dey's story is the ultimate masterclass in perseverance and smart growth.   In this episode of Franchise Secrets, Erik sits down with Anna to uncover how she: -Survived brutal 2 a.m. shifts and near-burnout -Has owned and scaled brands including Anytime Fitness, Clean Eatz, Smoothie King, goGLOW, and more -Learned to empower leaders, exit markets strategically, and build a thriving charity that's raised $2.6 million for kids   Whether you're an aspiring franchisee or a seasoned operator, Anna's hard-won insights on pivoting, scaling, and staying profitable will inspire and equip you.   Timestamps   00:00 — Anna's early struggles and the 4-month near-quit moment 02:18 — From corporate America to first franchise success with Anytime Fitness 06:43 — The challenge of managing six different franchise concepts at once 11:35 — Why Anytime Fitness had to reinvent its brand (and how owners reacted) 15:12 — Clean Eatz: from exhausting all-nighters to top-performing units 20:37 — Staying calm when early months feel overwhelming (and money is tight) 24:42 — The surprising grand-opening flop that turned into her best Smoothie King 28:42 — Why GoGlo fit Anna's perfect investment formula (low labor, small footprint) 36:34 — Inside the 24-and-24 Foundation: $2.6 million raised for kids' wishes 42:50 — How empowering better-than-you managers unlocks exponential growth   Resources: Join Erik's free franchise community: FranchiseSecrets.com/Facebook Explore the Franchisee Mastermind: ScalableFranchise.com   Connect with Erik Van Horn: 🌐 Website - https://franchisesecrets.com/    📷 Instagram - https://www.instagram.com/erikvanhorn/   👍 Facebook - https://www.facebook.com/erik.v.horn/   💼 LinkedIn - https://www.linkedin.com/in/evanhorn/    Best Franchise Starter Playlist: https://youtube.com/playlist?list=PLEEithd54kMlgRgsBAo4LWNCMSOthnK0r&si=TD1z25-ie2d23rGm https://youtube.com/playlist?list=PLEEithd54kMle5_OUXiuLbc_UPBtz1vTE&si=uCOgDya1VnnCarDf https://youtube.com/playlist?list=PLEEithd54kMk2Kw07KwZGWgF8UTx9N5_T&si=ZldjBOqFanGE-JUL   #Franchising #Entrepreneurship #Resilience

Jerry Pugh went from making $5 an hour as a paramedic to owning 19+ Workout Anytime gyms—and then shocked the franchise world by buying the entire 200-unit brand. Everyone said it was impossible. Private equity experts said no way. Yet Jerry made it happen and now leads the company as CEO.   In this episode of Franchise Secrets, Jerry shares how he scaled fast, knew when to close a failing location, negotiated with landlords, attracted private equity, and ultimately pulled off a once-in-a-lifetime majority ownership deal.   If you're an entrepreneur, franchisee, or dream of building something big, this story will light a fire under you. 💥   ⏱ Timestamps 00:00 – Everyone said it couldn't be done: the impossible franchise deal 02:20 – From paramedic to first Workout Anytime franchise purchase 05:40 – Lessons learned closing a money-losing location 09:30 – Planting the seed to one day own the brand 13:45 – Innovating early with wellness suites & bigger gyms 17:50 – How premium amenities doubled lifetime customer value 22:10 – Cutting churn & boosting retention with smart engagement 26:45 – Building trust and relationships as a first-time franchisor CEO 29:50 – Teaching franchisees to scale and attract private equity 33:30 – Pulling off a rare majority-ownership deal with debt & equity 39:30 – Jerry's final advice: work harder, take risks, see opportunities others miss   Connect with Erik Van Horn: 🌐 Website - https://franchisesecrets.com/    📷 Instagram - https://www.instagram.com/erikvanhorn/   👍 Facebook - https://www.facebook.com/erik.v.horn/   💼 LinkedIn - https://www.linkedin.com/in/evanhorn/    Best Franchise Starter Playlist: https://youtube.com/playlist?list=PLEEithd54kMlgRgsBAo4LWNCMSOthnK0r&si=TD1z25-ie2d23rGm https://youtube.com/playlist?list=PLEEithd54kMle5_OUXiuLbc_UPBtz1vTE&si=uCOgDya1VnnCarDf https://youtube.com/playlist?list=PLEEithd54kMk2Kw07KwZGWgF8UTx9N5_T&si=ZldjBOqFanGE-JUL   #Franchising #Entrepreneurship #Grit

Thinking about starting a franchise while working full-time (and maybe raising a family too)? 🚀 In this episode of Franchise Secrets, Bobby Brennan shares his journey from employee → sweat equity partner → franchisee → "semi-absentee" owner.   He reveals the real cost of chasing franchise ownership when your capacity is maxed out, the truth about franchisor value, and why "failure" can be the best teacher. If you've ever considered buying a franchise or wondered whether semi-absentee ownership really works, this is a must-watch.   👉 Learn how to avoid the semi-absentee trap, retain rockstar employees with equity, and recognize when you're overconfident in your business picks.   Timestamps:   00:00 – Adding a franchise on top of a newborn, new home, and full-time work 01:28 – From employee to sweat equity partner in a 60+ unit franchise 05:45 – The "owner's mindset" that changed everything 07:06 – The 4 I's every rockstar team member needs (Initiative, Integrity, Intentionality, Influence) 09:25 – How Bobby tested his limits (and his boss's patience) with risky decisions 12:18 – When a medical device job offer almost pulled him away 14:44 – Why equity and culture kept him in franchising 19:42 – Retaining top talent with phantom equity & profit share 27:11 – The hard truth: the franchisor does more than you realize 33:06 – Bobby's biggest franchise lesson: the semi-absentee trap 36:56 – Why "failure" isn't the end—it's a setup for the next opportunity 41:36 – Missing out on OrangeTheory (and the humility of bad picks) 47:05 – Final advice: ask Why not me? and create your own path   Connect with Erik Van Horn: 🌐 Website - https://franchisesecrets.com/    📷 Instagram - https://www.instagram.com/erikvanhorn/   👍 Facebook - https://www.facebook.com/erik.v.horn/   💼 LinkedIn - https://www.linkedin.com/in/evanhorn/    Best Franchise Starter Playlist: https://youtube.com/playlist?list=PLEEithd54kMlgRgsBAo4LWNCMSOthnK0r&si=TD1z25-ie2d23rGm https://youtube.com/playlist?list=PLEEithd54kMle5_OUXiuLbc_UPBtz1vTE&si=uCOgDya1VnnCarDf https://youtube.com/playlist?list=PLEEithd54kMk2Kw07KwZGWgF8UTx9N5_T&si=ZldjBOqFanGE-JUL   #Franchising #Ownership #Success

Are you secretly holding your franchise back? In this episode, Erik reveals how he became the bottleneck in his own businesses—and the hard lessons that helped him break free. From scaling mistakes to fixing bad decisions, discover the truth every franchisee must face if they want to grow profitably.   ⏱️ Timestamps   00:00 – How franchisees sabotage their own teams 02:45 – Why scaling back can actually grow profits 04:25 – The nightmare of "Store #3" 06:15 – The pricing mistake that killed momentum 07:58 – Spotting the "underperformer clubs" 10:26 – Why you need to step OUT of your locations 12:15 – How sabbaticals reveal hidden weaknesses 14:34 – Don't follow the loudest voices in franchising 17:59 – The real definition of winning in business 19:43 – Why paid ads can't fix broken operations 22:35 – Stop focusing on what you can't change 25:53 – Franchisees & franchisors: more aligned than you think   Connect with Erik Van Horn: 🌐 Website - https://franchisesecrets.com/    📷 Instagram - https://www.instagram.com/erikvanhorn/   👍 Facebook - https://www.facebook.com/erik.v.horn/   💼 LinkedIn - https://www.linkedin.com/in/evanhorn/    Best Franchise Starter Playlist: https://youtube.com/playlist?list=PLEEithd54kMlgRgsBAo4LWNCMSOthnK0r&si=TD1z25-ie2d23rGm https://youtube.com/playlist?list=PLEEithd54kMle5_OUXiuLbc_UPBtz1vTE&si=uCOgDya1VnnCarDf https://youtube.com/playlist?list=PLEEithd54kMk2Kw07KwZGWgF8UTx9N5_T&si=ZldjBOqFanGE-JUL   #Franchise #Franchisee #Business

Most investors are playing the wrong game. Billionaires? They treat investing like a business. In this episode of Franchise Secrets, Erik Van Horn sits down with Bob Fraser—entrepreneur, investor, and author of Invest Like a Billionaire—to uncover how the ultra-wealthy think differently, avoid risk, and build generational wealth.   From bouncing back after losing millions to structuring investments for tax advantages and family legacy, Bob shares the insider strategies that institutional investors and billionaire families use—but almost no one talks about.   Whether you're an entrepreneur with cash on the sidelines, a franchise owner scaling up, or simply someone wanting to learn how to build lasting wealth, this conversation is packed with wisdom you won't hear from your average financial advisor.   TIMESTAMPS:   00:00 – Why billionaires treat investing like a business 02:05 – Spotting winners early & the power of resilience 04:47 – Bob's journey: dot-com boom to financial crash 06:30 – Why billionaires avoid the 60/40 portfolio trap 09:06 – The #1 mistake most investors make 12:38 – The overlooked superpower of private markets 17:02 – Liquidity planning & using lines of credit wisely 22:05 – Private credit: the most underused cashflow strategy 24:47 – Tax structures that can save millions 29:55 – Why you should always diversify outside your business 34:32 – Real estate cycles & how to spot good deals 39:42 – How smart investors evaluate deals beyond IRR 44:31 – Building generational wealth & family meetings 47:36 – Teaching kids (and grandkids) to steward money 50:23 – Where to get Bob's book Invest Like a Billionaire   Connect with Erik Van Horn: 🌐 Website - https://franchisesecrets.com/    📷 Instagram - https://www.instagram.com/erikvanhorn/   👍 Facebook - https://www.facebook.com/erik.v.horn/   💼 LinkedIn - https://www.linkedin.com/in/evanhorn/    Best Franchise Starter Playlist: https://youtube.com/playlist?list=PLEEithd54kMlgRgsBAo4LWNCMSOthnK0r&si=TD1z25-ie2d23rGm https://youtube.com/playlist?list=PLEEithd54kMle5_OUXiuLbc_UPBtz1vTE&si=uCOgDya1VnnCarDf https://youtube.com/playlist?list=PLEEithd54kMk2Kw07KwZGWgF8UTx9N5_T&si=ZldjBOqFanGE-JUL   #Investing #Strategy #FranchiseSecrets

Most franchisees focus on revenue. The smart ones focus on profit. In this episode, Jeff Herr and Eric dive into the financial truths franchisors and franchisees must understand—from staffing costs to KPIs—if they want to scale and succeed. Profit isn't optional. It's survival.   Timestamps 00:00 – Welcome + Jeff's birthday talk 00:41 – From franchisee beginnings to franchisor support 02:31 – Why revenue isn't the real measure of success 05:52 – Expenses vs. profitability explained 08:21 – Staffing: the biggest profitability lever 10:49 – Robert Kiyosaki & going back to basics 13:38 – Scaling smart: fewer employees, bigger profits 22:41 – Tools & KPIs every franchisee should demand 26:27 – Opening 3 locations at once: lessons learned 29:14 – Profit vs. vanity metrics 40:18 – "Raise your hand" and learn your numbers   Connect with Erik Van Horn: 🌐 Website - https://franchisesecrets.com/    📷 Instagram - https://www.instagram.com/erikvanhorn/   👍 Facebook - https://www.facebook.com/erik.v.horn/   💼 LinkedIn - https://www.linkedin.com/in/evanhorn/    Best Franchise Starter Playlist: https://youtube.com/playlist?list=PLEEithd54kMlgRgsBAo4LWNCMSOthnK0r&si=TD1z25-ie2d23rGm https://youtube.com/playlist?list=PLEEithd54kMle5_OUXiuLbc_UPBtz1vTE&si=uCOgDya1VnnCarDf https://youtube.com/playlist?list=PLEEithd54kMk2Kw07KwZGWgF8UTx9N5_T&si=ZldjBOqFanGE-JUL   #Franchising #Profitability #Business

In this solo episode, Erik shares the hard-earned lessons he wishes he'd known sooner as a franchisee—so you can avoid costly mistakes, scale smart, and boost profitability. From avoiding territory overload to mastering the basics that actually make money, this is the blueprint for long-term success in franchising.   Timestamps: 0:00 – Why franchisees fail before they start 1:20 – Scaling back from 20 to 10 locations 3:15 – The territory trap: bigger isn't better 6:12 – Buying existing vs. starting new 8:30 – Innovating too early in your franchise 12:25 – Obsessing over the wrong things 16:30 – The danger of overleveraging 19:11 – Brand name myths 23:22 – Learning from the top 1% 28:48 – Why top-line obsession kills profits   Connect with Erik Van Horn: 🌐 Website - https://franchisesecrets.com/    📷 Instagram - https://www.instagram.com/erikvanhorn/   👍 Facebook - https://www.facebook.com/erik.v.horn/   💼 LinkedIn - https://www.linkedin.com/in/evanhorn/    Best Franchise Starter Playlist: https://youtube.com/playlist?list=PLEEithd54kMlgRgsBAo4LWNCMSOthnK0r&si=TD1z25-ie2d23rGm https://youtube.com/playlist?list=PLEEithd54kMle5_OUXiuLbc_UPBtz1vTE&si=uCOgDya1VnnCarDf https://youtube.com/playlist?list=PLEEithd54kMk2Kw07KwZGWgF8UTx9N5_T&si=ZldjBOqFanGE-JUL   #FranchiseGrowth #BusinessMistakes #Profit

What if your grand opening sprint is the very thing burning out your team and killing your momentum? Aaron Hovivian shares the proven strategy his team uses to launch drive-thru coffee shops, run high-impact sprints, and avoid chaos. Whether you're a franchisee or founder, this episode breaks down the full blueprint—from planning to execution—with real stories and hard-won lessons.   ⏱️ Timestamps: 00:00 – Why sprints can burn out your team 01:40 – What Aaron's fractional COO team actually does 03:48 – How short-term contracts empower clients 05:17 – From vision to grand opening: how to break it down 07:02 – The difference between annual plans and sprints 08:52 – Grand opening vs. sprint: where things get real 10:25 – Marketing sprints and digital product launches 12:57 – Common launch week mistakes 16:30 – The dark side of "always sprinting" 28:34 – Why building a strong third tier is key 40:38 – The biggest mistake founders make during sprints   Connect with Erik Van Horn: 🌐 Website - https://franchisesecrets.com/    📷 Instagram - https://www.instagram.com/erikvanhorn/   👍 Facebook - https://www.facebook.com/erik.v.horn/   💼 LinkedIn - https://www.linkedin.com/in/evanhorn/    Best Franchise Starter Playlist: https://youtube.com/playlist?list=PLEEithd54kMlgRgsBAo4LWNCMSOthnK0r&si=TD1z25-ie2d23rGm https://youtube.com/playlist?list=PLEEithd54kMle5_OUXiuLbc_UPBtz1vTE&si=uCOgDya1VnnCarDf https://youtube.com/playlist?list=PLEEithd54kMk2Kw07KwZGWgF8UTx9N5_T&si=ZldjBOqFanGE-JUL   #Franchising #Leadership #Operations

In this episode, Taco John's CEO, Heather Neary, shares her full-circle journey, the five C's of franchising success, and what it takes to grow a legacy QSR in today's competitive market. From franchisee empathy to marketing/ops integration—this is a masterclass in modern franchising.   Timestamps: 00:00 – The lawnmower hustle: Eric's childhood story 01:25 – Meet Heather: CEO of Taco John's 03:46 – Her path from cheesesteaks to CEO 04:49 – Uniting marketing & ops under one vision 06:55 – How to support struggling franchisees 09:37 – Food vs. non-food franchising insights 14:56 – Taco John's legacy and brand refresh 17:54 – How to lead meaningful brand change 20:20 – Listening tours and building trust 26:08 – Franchisee ROI and capital investment strategy   Connect with Erik Van Horn: 🌐 Website - https://franchisesecrets.com/    📷 Instagram - https://www.instagram.com/erikvanhorn/   👍 Facebook - https://www.facebook.com/erik.v.horn/   💼 LinkedIn - https://www.linkedin.com/in/evanhorn/    Best Franchise Starter Playlist: https://youtube.com/playlist?list=PLEEithd54kMlgRgsBAo4LWNCMSOthnK0r&si=TD1z25-ie2d23rGm https://youtube.com/playlist?list=PLEEithd54kMle5_OUXiuLbc_UPBtz1vTE&si=uCOgDya1VnnCarDf https://youtube.com/playlist?list=PLEEithd54kMk2Kw07KwZGWgF8UTx9N5_T&si=ZldjBOqFanGE-JUL   #Franchising #Leadership #QSR

What does it take to build a multi-million dollar business empire in a town of just 65,000 people?   Former pro baseball player Joshua Kalinowski reveals how he transitioned from the Colorado Rockies to real estate, roofing, solar, and beyond—creating multiple thriving companies in a boom-and-bust market. From mindset and leadership to franchise strategy and family priorities, this episode is packed with hard-won wisdom for entrepreneurs and franchisees alike.   🎧 Timestamps: 00:00 – Build confidence by building evidence 00:45 – Joshua Kalinowski's intro 01:36 – From pro athlete to entrepreneur 04:13 – Starting Coldwell Banker during the 2008 crash 06:01 – Why he diversified beyond franchising 08:52 – Key lessons from franchising 10:59 – Entrepreneur vs. business owner 13:55 – Hiring a COO to scale 17:14 – Mentorship with Sharon Srivatsa 20:47 – Structuring a HoldCo 25:30 – Staying in your lane as a visionary 28:53 – Balancing business and family 32:08 – Health, discipline, and leadership 36:26 – When to check P&Ls   Don't forget to like, subscribe, and share this with a fellow entrepreneur who needs inspiration!   Connect with Erik Van Horn: 🌐 Website - https://franchisesecrets.com/    📷 Instagram - https://www.instagram.com/erikvanhorn/   👍 Facebook - https://www.facebook.com/erik.v.horn/   💼 LinkedIn - https://www.linkedin.com/in/evanhorn/    Best Franchise Starter Playlist: https://youtube.com/playlist?list=PLEEithd54kMlgRgsBAo4LWNCMSOthnK0r&si=TD1z25-ie2d23rGm https://youtube.com/playlist?list=PLEEithd54kMle5_OUXiuLbc_UPBtz1vTE&si=uCOgDya1VnnCarDf https://youtube.com/playlist?list=PLEEithd54kMk2Kw07KwZGWgF8UTx9N5_T&si=ZldjBOqFanGE-JUL   #Entrepreneurship #Leadership #Franchising

Thinking of selling your franchise brand someday? Don't do it until you hear this.    Investment banker J. Patrick Galleher from Boxwood Partners joins Franchise Secrets to break down the real mechanics behind franchise exits, private equity deals, and what makes a brand worth $100M—or not.   We cover:   -Why "vanity metrics" like territories sold can hurt your valuation -What smart franchisors do differently to attract premium buyers -The truth behind 20x multiples (and why most never get close) -How to avoid common mistakes that kill enterprise value -When to step aside as founder—and when to double down -This is the episode every franchisor needs to hear before scaling or exiting.   👉 Join the Franchise Secrets Facebook group: franchisesecrets.com/facebook 👉 Learn more about the Franchisor Mastermind: scalablefranchise.com   ⏱️ Timestamps: 00:00 – Why some founders thrive after selling… and others don't 01:22 – Pat Gallagher's background in franchise M&A 03:00 – How to tell if your franchisor is giving you the full truth 06:47 – The real story behind those $100M franchise exits 08:30 – Second bite of the apple: how founders cash in twice 09:48 – Vanity metrics vs real enterprise value 12:00 – How to avoid a stale "snow" pipeline 13:57 – Why unit-level economics matter more than hype 17:39 – The hidden ways franchisors protect their Item 19 24:52 – When founders should step aside—and how to find the right buyer 29:42 – The truth about 20x multiples (and what it really means)   Connect with Erik Van Horn: 🌐 Website - https://franchisesecrets.com/    📷 Instagram - https://www.instagram.com/erikvanhorn/   👍 Facebook - https://www.facebook.com/erik.v.horn/   💼 LinkedIn - https://www.linkedin.com/in/evanhorn/    Best Franchise Starter Playlist: https://youtube.com/playlist?list=PLEEithd54kMlgRgsBAo4LWNCMSOthnK0r&si=TD1z25-ie2d23rGm https://youtube.com/playlist?list=PLEEithd54kMle5_OUXiuLbc_UPBtz1vTE&si=uCOgDya1VnnCarDf https://youtube.com/playlist?list=PLEEithd54kMk2Kw07KwZGWgF8UTx9N5_T&si=ZldjBOqFanGE-JUL   #FranchiseExits #FranchisorTips #PrivateEquityTruth

In this episode of Franchise Secrets, Erik Van Horn sits down with Nic Leland from Front Street to pull back the curtain on what really happens behind closed doors in franchise development.   Nic doesn't just help people say yes to franchises — he helps them say no when it's not the right fit. His journey from a would-be doctor to a franchise advisor reveals the human side of franchising, identity, risk, and making the right call for your future.   Whether you're thinking of buying a franchise, already in the game, or part of a sales team, this is the raw, real, and radically honest episode you need to hear.   👀 You'll learn:   -Why being approved for a franchise isn't automatic -The importance of identity, purpose, and fit in business -What makes someone NOT ready for entrepreneurship -How great developers protect founders and franchisees   ⏱️ Timestamps: 00:00 – "Don't buy that business": The best franchise advice you'll ever hear 01:38 – Why this isn't just another franchise development episode 02:46 – From med school rejection to franchise leadership: Nic's origin story 04:59 – The gamble that changed Nic's life: Joining Front Street 07:22 – Letting go of your career identity — and finding the right one 09:46 – How identity and fear play into franchise buying decisions 12:04 – What Nic would tell his younger self (and why lifestyle matters) 17:54 – The early days of Front Street and why it's not about volume 22:10 – Helping people walk away: The real job of a great franchise dev 23:59 – The "Why vs Why Not" list that every franchisee should make 30:42 – How Front Street decides when to not approve a candidate 39:00 – Broker vs website leads: Why the origin of the lead matters 43:41 – What makes a 10/10 franchise consultant vs a 1/10 46:36 – How Nic reviews applications — and what the numbers reveal 50:30 – Building wealth vs spending income: What franchisee finances tell you   🔗 Resources & Mentions:   Join the free Facebook group: franchisesecrets.com/facebook   Learn more at: scalablefranchise.com   Want to work with Front Street? Reach out at frontstreetequitypartners.com   Connect with Erik Van Horn: 🌐 Website - https://franchisesecrets.com/    📷 Instagram - https://www.instagram.com/erikvanhorn/   👍 Facebook - https://www.facebook.com/erik.v.horn/   💼 LinkedIn - https://www.linkedin.com/in/evanhorn/    Best Franchise Starter Playlist: https://youtube.com/playlist?list=PLEEithd54kMlgRgsBAo4LWNCMSOthnK0r&si=TD1z25-ie2d23rGm https://youtube.com/playlist?list=PLEEithd54kMle5_OUXiuLbc_UPBtz1vTE&si=uCOgDya1VnnCarDf https://youtube.com/playlist?list=PLEEithd54kMk2Kw07KwZGWgF8UTx9N5_T&si=ZldjBOqFanGE-JUL   #Franchising #Entrepreneurship #Leadership

There's a reason we don't say "yes" to every franchise opportunity—and in this episode, we break down why. Jeff Herr joins Erik to reveal what actually makes a franchise brand scalable, investable, and valuable long-term.   We're talking proprietary IP, raving customers, founder mindset, team culture, recurring revenue, and why the first rule of franchising is: don't franchise. From a $12M single-unit operator to a high-margin dirty job brand no one's heard of… this is the inside playbook.   👇 Timestamps:   00:00 – If you're tired, franchising won't save you 01:44 – What Jeff looks for in brands 03:33 – The "boxes" every brand must check 06:52 – Defining brand: emotional connection = real value 08:26 – A dirty job with 5-star reviews & proprietary IP 11:41 – Why recurring customers are gold 14:53 – FSOs vs Front Street: What makes us different 15:56 – Building enterprise value VS. chasing franchise sales 19:19 – The grit-and-grind behind true growth 27:13 – Why we told a $300k/mo brand NOT to franchise yet 34:50 – $12M from ONE unit: what made this brand unstoppable 43:32 – The 4 critical boxes for any franchise brand   🎧 Subscribe for more insights at FranchiseSecrets.com 🔥 Need help growing or launching a franchise? → ScalableFranchise.com   Connect with Erik Van Horn: 🌐 Website - https://franchisesecrets.com/    📷 Instagram - https://www.instagram.com/erikvanhorn/   👍 Facebook - https://www.facebook.com/erik.v.horn/   💼 LinkedIn - https://www.linkedin.com/in/evanhorn/    Best Franchise Starter Playlist: https://youtube.com/playlist?list=PLEEithd54kMlgRgsBAo4LWNCMSOthnK0r&si=TD1z25-ie2d23rGm https://youtube.com/playlist?list=PLEEithd54kMle5_OUXiuLbc_UPBtz1vTE&si=uCOgDya1VnnCarDf https://youtube.com/playlist?list=PLEEithd54kMk2Kw07KwZGWgF8UTx9N5_T&si=ZldjBOqFanGE-JUL   #Franchise #FranchiseSecrets #FrontStreetEquityPartners