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The Franchise Leaders Forum Podcast
Welcome to "The Franchise Leaders Forum," the ultimate podcast for entrepreneurs navigating the intricate world of franchising, brought to you by industry veterans Tracy Panase and Shannon Wilburn. This podcast is your go-to resource for franchise leadership insights, practical strategies to build and scale your franchise, and firsthand experiences from those who live and breathe franchising every day.
Leading the conversation is Tracy Panase, the dynamic force behind the Just Between Friends Franchise System. Tracy, who previously excelled as a top franchisee, took over the leadership reins in December 2022. Under her guidance, the brand is reaching new heights, emphasizing a strong culture, supporting franchisees, and ensuring families across the country can say “YES” to everything their kiddos need and want. Her fresh perspective and unwavering commitment to excellence make her a formidable voice in the franchising community.
By her side is Shannon Wilburn, the visionary co-founder of Just Between Friends. Starting from a simple idea in her living room in 1997, Shannon grew the company into a thriving network of over 150 locations. Her decision to pass the leadership to Tracy has infused the company with new energy and direction, and together, they bring a wealth of knowledge and passion to the podcast.
In "The Franchise Leaders Forum," Tracy and Shannon dive deep into the good, the bad, and sometimes the ugly aspects of franchising. Each episode features candid discussions, expert interviews, and real-life stories from successful franchise leaders who have faced and overcome challenges. Listeners will gain valuable insights into effective leadership, growth strategies, and the nuances of franchise operations.
Whether you're a franchisor, franchisee, or aspiring to enter the franchising world, this podcast addresses the pain points and challenges you face. From understanding franchise dynamics to learning how to support and grow your franchisees, Tracy and Shannon provide actionable advice and inspiration.
Tune in to learn from the experiences of others, gain new perspectives, and equip yourself with the tools to navigate your franchising journey with confidence.
Join us on "The Franchise Leaders Forum" and become part of a community dedicated to leadership, growth, and success in franchising.
This podcast will provide answers to questions and topics like:
- Tips for Franchisees, Franchisors and vendor partners
- How to scale a franchise business
- Why is leadership important in franchising?
- How do I grow my franchise business?
- What are the trends in franchising?
- What is the challenge of franchising?
- How do I get involved in a franchise business?
- Franchise success stories
- Franchise marketing strategies
The Franchise Leaders Forum Podcast
Patience & Discipline Behind Franchise Growth w/ Paul Altero
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Franchise growth is not about moving fast. It is about staying disciplined long enough to build something that lasts.
In this episode, Tracy and Shannon sit down with Paul Altero, co-founder and longtime CEO of Bubbakoo’s Burritos, to talk about what it really takes to scale a franchise brand over time. Paul shares how his decade at Johnny Rockets shaped his operator mindset, why franchising is truly a long game, and why proving your model before expansion is critical.
Paul also opens up about the highs and lows that come with building at scale, including the reality that the third store nearly bankrupted them. He explains how hiring for personality became part of the brand’s service culture, why standardization matters more than speed, and how discipline in operations creates sustainable growth.
From expanding thoughtfully to ultimately exiting in 2025 through a partnership with Thompson Street Capital Partners, Paul reflects on what it means to be fully committed as a founder. His message is simple and consistent. Stay the course. Patience and discipline are not optional. They are the foundation behind lasting franchise growth.
Connect with Paul:
Text: 949-279-2197
Episode Highlights:
- Paul’s leadership experience at Johnny Rockets
- The founding of Bubbkoo’s Burritos
- Why franchising requires patience and discipline
- The third store that nearly bankrupted them
- Hiring for personality over speed
- Building systems through standardization
- Leveraging technology for growth
- The decision to fully exit to Thompson Street Capital Partners
- The “stay the course” philosophy
Connect with Tracy
Personal LinkedIn: https://www.linkedin.com/in/tracy-panase/
JBF LinkedIn - https://www.linkedin.com/company/jbfsale
JBF Franchise System - https://jbfsalefranchise.com/
Email: podcast@jbfsale.com
Connect with Shannon
Personal LinkedIn - https://www.linkedin.com/in/shannonwilburn/
JBF LinkedIn - https://www.linkedin.com/company/jbfsale
Website - https://shineexecutivecoaching.com/
Email - shannon@shineexecutivecoaching.com