The Escape & Empower Franchise Podcast | Buying Your First Franchise
The Escape and Empower Podcast
Ready to escape the corporate grind and empower your future?
Join franchise experts Pete Gilfillan and Dave Greenberg on The Escape and Empower Podcast, your definitive guide to successfully transitioning from corporate employee to thriving franchise owner. Each episode provides honest, actionable insights tailored specifically for busy executives eager to achieve financial stability, build lasting wealth, and gain control over their destiny.
Whether you're exploring franchise ownership for the first time or ready to take the next step toward entrepreneurship, Pete and Dave offer straightforward, no-fluff discussions covering essential topics such as:
- Navigating the franchise buying process step-by-step
- Overcoming common fears and barriers
- Strategies for building wealth through franchising
- Insider advice on choosing the right franchise for your lifestyle
- Real stories and practical wisdom from successful franchisees
- Detailed explanations of franchise disclosure documents (FDD)
- Guidance on financing options and understanding investment costs
- Steps to confidently evaluate franchise opportunities
Empower your entrepreneurial journey today—subscribe and begin building your path to financial freedom and personal fulfillment.
Hosted by franchise industry leaders Pete Gilfillan (HireYourself.com) and Dave Greenberg (EmpoweredFranchisee.com).
The Escape & Empower Franchise Podcast | Buying Your First Franchise
How Hands-On Should You Be in a Franchise?
Escape and Empower Podcast with David Greenberg and Peter Gilfillan
David Greenberg and Peter Gilfillan tackle one of the biggest questions potential franchise owners ask: How involved do you have to be in a franchise? They break down the executive model of franchise ownership, discussing the differences between full-time engagement and semi-absentee ownership. If you're considering franchise ownership but wondering how much time you’ll need to invest, this episode is for you.
In this episode, Dave and Pete discuss:
- The Executive Model of Franchise Ownership
There’s a big difference between owning a business and working in a business. Dave and Pete explain why most executives prefer the executive model, which allows them to lead, manage, and grow a business rather than handling day-to-day operations.
- Full-Time Franchise Ownership: Pros and Cons
For those looking to go all-in, full-time franchise ownership offers greater control, deeper team connections, and faster decision-making. However, it also comes with higher stress levels, a heavier time commitment, and less flexibility.
- Semi-Absentee Franchise Ownership: The Alternative Approach
Many executives prefer a semi-absentee model, where they keep their corporate job while running a franchise on the side. Pete and Dave highlight how this approach provides flexibility, additional income, and work-life balance, but requires strong leadership and delegation skills.
Building Wealth Through Smart Franchise Investment
- Whether you go full-time or semi-absentee, franchise ownership is a proven way to build financial independence. Dave and Pete share strategies for scaling multiple locations, managing capital, and diversifying revenue streams to maximize success.
Key Takeaways:
- There’s no such thing as a “passive” franchise—every business requires leadership.
- Full-time involvement provides control but demands commitment—make sure you're ready.
- Semi-absentee ownership allows for a corporate job + franchise—but you need the right team in place.
- The best approach depends on your goals—financial security, flexibility, or full-time entrepreneurship?
"Owning a franchise isn’t about escaping work—it’s about choosing the kind of work and life you want." — David Greenberg
CONNECT WITH PETER GILFILLAN:
Website: https://www.hireyourself.com/
LinkedIn: https://www.linkedin.com/in/petegilfillan/
CONNECT WITH DAVID GREENBERG:
Website: https://empoweredfranchisee.com/
LinkedIn: https://www.linkedin.com/in/dave-greenberg-entrepreneur/