7 Costly Mistakes I Made as a Franchisee (And How to Avoid Them)
Description
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
United States
