The Path to Wellth with Hannes Hennche
At the Path to Wellth, I interview accomplished individuals who have unlocked the secrets to living their best lives. Through their success stories and inspiring journeys, we empower listeners on their quest for a "Wellthy Life." Our show delves into diverse topics like mindset, careers, entrepreneurship, relationships, investments, and beyond.
The Path to Wellth with Hannes Hennche
Episode 118: Exploring Profitable Franchise Opportunities with James Hilovsky
In this episode, franchise broker James Hilovsky shares his journey from working in operations for a large corporation to founding his own franchise brokerage business. He highlights the advantages of owning a franchise, including the support and guidance provided, established branding and systems, and access to investment opportunities.
James is dedicated to helping entrepreneurs and sports professionals achieve their business ownership dreams. With his expertise in franchise matching and thorough due diligence, he transforms entrepreneurial goals into successful franchises.
Connect with James Hilovsky on LinkedIn https://www.linkedin.com/in/jhilovsky/.
Take their Business Assessment at The FranDream website https://www.thefrandream.com/
Enjoy this episode on your favorite podcast platform
✅ Apple → https://podcasts.apple.com/gb/podcast/episode-118-exploring-profitable-franchise-opportunities/id1625806145?i=1000664816145
✅ Youtube → https://youtu.be/RFYZYRTaY1Y
Let’s Stay Connected
✅ LinkedIn → https://www.linkedin.com/in/hannes-hennche/
Time Stamps
02:00 James Hilovsky's Money Mindset
03:42 The Benefits of Owning a Franchise
06:17 Doing Your Due Diligence in Franchise Selection
08:35 The Importance of Support in Franchise Success
12:07 Understanding Franchise Fees
14:46 Recommended Franchise Options: Dog Grooming and Muscle Recovery
24:35 Exploring Franchise Opportunities
28:32 Profitable Franchise Options
33:03 Specialized Franchise for Teslas
35:40 Challenges of the Restaurant Business
39:19 The Role of Franchisees in Success
41:22 The Importance of Effort in Coaching
44:43 The Role of a Franchise Broker
Sound Bites
"Bet on yourself, put that fear aside and try it."
"Franchising provides a tangible path to entrepreneurship with support and branding."
"Having a call center as a back office is powerful for manpower operations."
"Indoor golf studio with 24/7 access, all automated, great for passive ownership."
"At the end of the day, it's a business, it's a risk, and you're going to succeed or not because of the team you put in place and the kind of effort that you put in and how you teach your team."
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