Escape and Empower Podcast | Buy Your First Franchise

“There’s Nothing Absentee About a Business” — The Truth About Executive Franchise Ownership

Dave Greenberg and Pete Gilfillan

Escape and Empower Podcast with David Greenberg and Peter Gilfillan

In this episode of Escape and Empower, Pete and Dave dive deep into a question they get all the time: who is the ideal executive franchise owner?

Forget the myth of “semi-absentee.” This episode is about the real model of franchise ownership that attracts high-level executives—people who want to lead, build wealth, and still have a life. Pete and Dave unpack what it takes to go from managing corporate teams to managing your own empire—with clarity around capital, mindset, and leadership.

If you’ve ever wondered whether franchising can be your next big play, this conversation is a must-listen. It’s about control, freedom, and how to build something that works for you—not the other way around.

In this episode, Dave and Pete discuss:

  • Why “Semi-Absentee” Is a Dangerous Illusion
    The truth? There’s no such thing as a passive business. Executive franchise ownership means leading strategically—not disappearing.
  • What Executive Franchisors Are Really Looking For
    Not everyone qualifies. Pete and Dave outline the leadership traits and financial readiness top franchisors want in high-performing candidates.
  • Leadership > Labor
    You’re not buying a job—you’re building a business. That means hiring, managing, mentoring, and creating accountability from day one.
  • The Capital It Actually Takes
    Want a manager in place? You’ll need to fund that. They break down realistic pro forma planning—including liquidity, net worth, and personal runway.
  • Motivation, Mindset, and Measurables
    Franchising rewards the right mindset. Dave and Pete explain why energy, vision, and performance metrics are the foundation of success.

Key Takeaways:

  • Executive franchise ownership is about leading, not escaping
  • Your business acumen is your competitive edge—use it
  • Proper capital planning creates stability during the ramp
  • Energy, motivation, and clear KPIs separate A-players
  • You don’t need every skill—you just need to be coachable and committed

“You have the skills. You’ve led people. You’ve read the P&L. Now it’s time to build something for you.” — David Greenberg



CONNECT WITH PETER GILFILLAN

Meet with Pete: https://go.hireyourself.com/gilfillan?utm_source=LinkedIn&utm_medium=Social&utm_campaign=IR
Website:
https://www.hireyourself.com/
LinkedIn: https://www.linkedin.com/in/petegilfillan/

CONNECT WITH DAVID GREENBERG

Meet with Dave: https://calendly.com/empoweredfranchisee/virtual-coffee-with-dave-the-empowered-franchiee-web?utm_source=LinkedIn&utm_medium=Social&utm_campaign=IR
Website:
https://empoweredfranchisee.com/
LinkedIn: https://www.linkedin.com/in/dave-greenberg-entrepreneur/