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Focus is overrated - I’m curious about lots of things || God, NFTs, investing, entrepreneurship, bettering myself, franchising, sales, memes, and microfinance.
If you love what you hear, please support so that we can do this FOREVER.
1. Subscribe to this podcast, at www.unfocused.show
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4. Subscribe to the YouTube channel at www.unfocused.video
2. Share this show with your network
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If you love what you hear, please support so that we can do this FOREVER.
1. Subscribe to this podcast, at www.unfocused.show
2. Subscribe to the regular newsletter at www.unfocused.news
4. Subscribe to the YouTube channel at www.unfocused.video
2. Share this show with your network
3. Follow @paulttran on Instagram/Twitter and @paul.t.tran on TikTok
259 Episodes
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In this video, I talk about inspiration I receive from ads that are B2C and not even related to the industry - and it's helped me get quite a bit of attention and inquiries to sell franchises.
This is the post I was referring to in the video: https://www.linkedin.com/posts/paulttran_a-major-reason-mcdonalds-pepper-lunch-restaurants-activity-7201304476782141440-VBK0?utm_source=share&utm_medium=member_desktop
Hope this inspires you, too!
Please like, comment, subscribe, and share. I appreciate it so much!
Large, multiunit franchisees already know this.
But for those entering the space for the first time...
NOT following this advice is a sure-fire way to:
• Overpay
• Overcomplicate; and
* Potentially kill your own deal
I find myself saying this at least 3-4 times a month to people, so thought I'd record a 1:37 minute video and help at scale.
Tell me what you think!
Do you have any related stories to share?
Tag a friend who's on this journey, right now!
And tag your favorite franchise attorneys, below!
If you found this episode valuable, please support me (it’s free and quick!) by:
• Following me on X/Twitter: http://www.twitter.com/paulttran
• Subscribing to my YouTube channel: www.unfocused.video
• Connecting with me on LinkedIn: www.linkedin.com/in/paulttran
• Subscribing to my newsletter: https://effaround.substack.com/
Hospitality leaders have it backwards.
You're supposed to love people and use tech.
NOT love tech and make customers feel used.
A clip from April Porter's podcast - The Infinite Franchisee Show (thank you for having me on!): https://podcasts.apple.com/us/podcast/the-infinite-franchisee-show/id1570422370
What do you think?
And who are companies doing this in the right sequence?
If you found this episode valuable, please support me (it’s free and quick!) by:
• Following me on X/Twitter: http://www.twitter.com/paulttran
• Subscribing to my YouTube channel: www.unfocused.video
• Connecting with me on LinkedIn: www.linkedin.com/in/paulttran
• Subscribing to my newsletter: https://effaround.substack.com/
If Vernon Sanders is right...
That "experience is a hard teacher because she gives the test first, the lesson afterwards"...
Then franchising is the alumni student who aced the test, built a successful career, and wants to tutor you.
Years of hard work, research, mistakes, risks, headaches, sacrifice, and trial to create a winning concept must happen. There are no shortcuts to this.
BUT...all of these don't have to be solely on you.
You can borrow the playbook.
Skip the line.
Inherit a proven model.
Benefit from the network effect.
If you love the concept.
Believe in the mission.
Trust your capabilities.
Follow the system.
Find strength in the leadership.
Are proud of what you’re offering.
Develop and serve others.
Prioritize scale and systems.
Are willing to follow the playbook....
Franchising is the play.
The last video, WHAT IF PEOPLE STEAL MY FRANCHISE/BUSINESS IDEA, got an incredible response (thank you!).
I forgot to add extra (and critical) insight, proving that sharing everything is a super-profitable strategy.
Am I wrong, here?
If you found this episode valuable, please support me (it’s free and quick!) by:
• Following me on X/Twitter: http://www.twitter.com/paulttran
• Subscribing to my YouTube channel: www.unfocused.video
• Connecting with me on LinkedIn: www.linkedin.com/in/paulttran
• Subscribing to my newsletter: https://effaround.substack.com/
The easiest way to build a profitable, enjoyable, and scalable business isn't to serve as many people as possible (wait, whuuut).
Listen in and tell me if you agree!
Please subscribe, like, and comment so that this helps my fellow small business owners!
If you found this episode valuable, please support me (it’s free and quick!) by:
• Following me on X/Twitter: http://www.twitter.com/paulttran
• Subscribing to my YouTube channel: www.unfocused.video
• Connecting with me on LinkedIn: www.linkedin.com/in/paulttran
• Subscribing to my newsletter: https://effaround.substack.com/
"What if they steal my business idea?"
"What if they know what's in the secret sauce?"
"What if they discover my supplier/technology?"
Those are common questions I get from aspiring and new franchisors.
Listen in for my answer (and hint: those are the wrong things to put your eggs in)
Do you agree?
Am I missing anything?
If you found this episode valuable, please support me (it’s free and quick!) by:
• Following me on X/Twitter: http://www.twitter.com/paulttran
• Subscribing to my YouTube channel: www.unfocused.video
• Connecting with me on LinkedIn: www.linkedin.com/in/paulttran
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There's ONE THING restaurant owners need to do, to increase:
🛫 Pales
🛫 Profitability
🛫 Throughput
🛫 Consistency, and
🛫 Scalability
It's a paradox that must be followed (or disbey at you rown risk) and will require the removal of sunk costs, pride, comfort, and ego.
Troy Hooper, CEO of Pepper Lunch, shares this at Presidents Panel, hosted by the California Restaurant Association.
If you found this episode valuable, please support me (it’s free and quick!) by:
• Following me on X/Twitter: http://www.twitter.com/paulttran
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CEO Troy Hooper spoke at the California Restaurant Association Presidents Panel, a few months ago; and one of the hottest discussions was how to defend restaurant profitability:
✅ From constant attacks of rising costs and regulations; and
✅ Without customers' having to carry the load
I clipped this one-minute, forty-five second answer.
Please watch and repost, so that it helps as many of our peers as possible!
The restaurant industry will be here, forever. What are other ways we operators can be here forever, too?
If you found this episode valuable, please support me (it’s free and quick!) by:
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Listen in, and tell me what you think.
Hope this equips franchisors and potential franchise partners for success.
Big thanks to @shawnpwalchef for inspiring #smartphonestorytelling
If you found this episode valuable, please support me (it’s free and quick!) by:
• Following me on X/Twitter: http://www.twitter.com/paulttran
• Subscribing to my YouTube channel: www.unfocused.video
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• Subscribing to my newsletter: https://effaround.substack.com/
This is an excerpt from my regular newsletter Eff Around & Find Out.
Please subscribe. It's free and loaded with lots of great insights on personal development, entrepreneurship, and my adventure in NFTs.
http://effaround.substack.com
And follow me!
Podcast: https://unfocused.show
YouTube: http://unfocused.video
Twitter: http://www.twitter.com/paulttran
Instagram: http://www.instagram.com/paulttran
I had no experience in restaurants, and had no business getting into food....
SO WHY?!
I answer this question here.
This is a podcast episode hosted by @maidthis Founder/CEO Neel Parekh.
You can follow him at @maidthis YouTube, or on 𝕏 at @NeelBParekh .
Enjoy the listen, please subscribe, and please follow Neel and I on YouTube and 𝕏!
www.x.com/paulttran
www.x.com/neelbparekh
This is an excerpt from my regular newsletter Eff Around & Find Out.
Please subscribe. It's free and loaded with lots of great insights on personal development, entrepreneurship, and my adventure in NFTs.
http://effaround.substack.com
And follow me!
Podcast: https://unfocused.show
YouTube: http://unfocused.video
Twitter: http://www.twitter.com/paulttran
Instagram: http://www.instagram.com/paulttran
When CEO of @maidthis @NeelBParekh asked me me:
"What moment led you to explore entrepreneurship?"
This was my answer.
For my fellow business owners, do you remember the spark that started it all, for you?
Thanks for having me on, Neel!
This is an excerpt from my regular newsletter Eff Around & Find Out.
Please subscribe. It's free and loaded with lots of great insights on personal development, entrepreneurship, and my adventure in NFTs.
http://effaround.substack.com
And follow me!
Podcast: https://unfocused.show
YouTube: http://unfocused.video
Twitter: http://www.twitter.com/paulttran
Instagram: http://www.instagram.com/paulttran
I was invited to speak on a panel with restaurant leaders I look up to, and I got to share one of my most transformative books ever read.
I get a kick out of watching Andy giggle like a child at 1:02 when I said this word.
Special thanks to Viet Nguyen, Ivy Ha, and the Kei Concepts Media Team. You guys run the most amazing events!
https://www.instagram.com/keiconceptsmedia/
And please subscribe to this channel to get the latest and greatest videos on franchising, entrepreneurship, sales, and my disturbing sense of humor.
And follow me on Twitter / X! www.x.com/paulttran
This is an excerpt from my regular newsletter Eff Around & Find Out.
Please subscribe. It's free and loaded with lots of great insights on personal development, entrepreneurship, and my adventure in NFTs.
http://effaround.substack.com
And follow me!
Podcast: https://unfocused.show
YouTube: http://unfocused.video
Twitter: http://www.twitter.com/paulttran
Instagram: http://www.instagram.com/paulttran
I had a consulting call with a restaurant owner who had a menu that would rival Cheesecake Factory's!
I recommended cutting down the menu - sharing how to do it, and why it'll help them scale and profit and enjoy the business more!
Any questions? Leave a comment and I'll answer them (in the comments or even make a video about it!).
And please subscribe if you like this!
This is an excerpt from my regular newsletter Eff Around & Find Out.
Please subscribe. It's free and loaded with lots of great insights on personal development, entrepreneurship, and my adventure in NFTs.
http://effaround.substack.com
And follow me!
Podcast: https://unfocused.show
YouTube: http://unfocused.video
Twitter: http://www.twitter.com/paulttran
Instagram: http://www.instagram.com/paulttran
1
This is a podcast episode hosted by @maidthis Founder/CEO Neel Parekh.
You can follow him at @maidthis on YouTube, or 𝕏 at @NeelBParekh.
We get into a bunch of franchise-related topics, such as:
• How I got into the restaurant and franchise business
• How ignorance was a superpower
• What traits make good and bad franchisees
Enjoy the listen, please subscribe, and please follow Neel and I on YouTube and 𝕏!
www.x.com/paulttran
www.x.com/neelbparekh
This is an excerpt from my regular newsletter Eff Around & Find Out.
Please subscribe. It's free and loaded with lots of great insights on personal development, entrepreneurship, and my adventure in NFTs.
http://effaround.substack.com
And follow me!
Podcast: https://unfocused.show
YouTube: http://unfocused.video
Twitter: http://www.twitter.com/paulttran
Instagram: http://www.instagram.com/paulttran
Was invited by Justin Ulrich - Head of Marketing at @evocalize to share my experience marketing for both my restaurants and the franchise companies I advise for.
Thank you Justin and company. I had a lot of fun, and hope it adds incredible insight and value to those we seek to serve!
Follow Justin at @evocalize
This is an excerpt from my regular newsletter Eff Around & Find Out.
Please subscribe. It's free and loaded with lots of great insights on personal development, entrepreneurship, and my adventure in NFTs.
http://effaround.substack.com
And follow me!
Podcast: https://unfocused.show
YouTube: http://unfocused.video
Twitter: http://www.twitter.com/paulttran
Instagram: http://www.instagram.com/paulttran
I was invited to speak on a panel with restaurant leaders I look up to, and this question came up.
I get asked how I do all the things I do.
• Running a $15+ million restaurant company
• Advising foodservice chains on franchise growth
• Franchise Development with almost 2,000 stores under me
• Travel
• Family
Watch, tell me if you agree, and tell me what YOU do!
Special thanks to Viet Nguyen, Ivy Ha, and the Kei Concepts Media Team. You guys run the most amazing events!
This is an excerpt from my regular newsletter Eff Around & Find Out.
Please subscribe. It's free and loaded with lots of great insights on personal development, entrepreneurship, and my adventure in NFTs.
http://effaround.substack.com
And follow me!
Podcast: https://unfocused.show
YouTube: http://unfocused.video
Twitter: http://www.twitter.com/paulttran
Instagram: http://www.instagram.com/paulttran
THIS IS AN AUDIO-ONLY PODCAST EPISODE!! We added images to make it YouTube-friendly.
Was on an X / Twitter Spaces hosted by Chick-fil-a franchisee, and leadership podcaster Tim Sweetman.
Some topics we covered included:
• Honoring Charlie Munger and favorite quotes
• Leadership
• Wrong advice and lies about franchising and restaurants
• How to help a struggling franchise
• How we raised capital for our stores
Subscribe to this channel!
Follow me on X: https://twitter.com/paulttran
And follow Tim, too: https://twitter.com/timsweetman
This is an excerpt from my regular newsletter Eff Around & Find Out.
Please subscribe. It's free and loaded with lots of great insights on personal development, entrepreneurship, and my adventure in NFTs.
http://effaround.substack.com
And follow me!
Podcast: https://unfocused.show
YouTube: http://unfocused.video
Instagram: http://www.instagram.com/paulttran
Check out the longer-form version of this - called
"Startup founders - STOP PITCHING IPOs, going public & acquisition exit strategies"
Subscribe 🔔🔔🔔 for more goodies!
http://unfocused.video
Additional content:
Newsletter: http://effaround.substack.com
Podcast: http://www.unfocused.show
Twitter: http://www.twitter.com/paulttran
Instagram: http://www.instagram.com/paulttran/
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