#44- What you need to know about franchises - Charista Baye
Meet incredible Charista Baye, a serial entrepreneur turned franchise matchmaker. We unravel the myths surrounding franchises – spoiler: they're not all about hefty investments and burgers! Charista shares her journey, from breaking free from the corporate grind to becoming the ultimate business matchmaker. We explore the lesser-known facets of franchises, from diverse industry options to the importance of timely risks and due diligence. Get ready for some golden advice on thriving in the world of franchising, sprinkled with success stories that will ignite your entrepreneurial spirit. Whether you're eyeing the franchise game or just curious about the business world beyond the myths, this episode is your backstage pass. Tune in for laughter, insights, and a roadmap to finding your perfect entrepreneurial fit.
"Don't just sit back and think, this is going to come to me. It's not. You have to take action." - Charista Baye
Zorakle Assessment - https://www.zorakle.net/assessment/welcome/thoughtfulfranchisebrokers
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Unpacking this episode min by min:
00:03:01 - Leaving Corporate America
00:05:23 - First Business Failure - P three inventory
00:08:16 - Second Business Failure - Second Pouch
00:13:03 - Starting Business Number Three
00:15:08 - Overcoming Adversity
00:17:41 - Finding Success
00:18:26 - Scaling and Course Creation
00:23:56 - Transition to Franchise Broker
00:25:38 - Entrepreneurial Mindset
00:26:59 - Transition to Franchising
00:30:01 - Learning New Skills
00:31:42 - Pros of Franchising
00:36:00 - Common Franchise Myths
00:38:10 - The Cost of Starting a Franchise Business
00:40:07 - Understanding Franchise Fit
00:42:22 - Zoracle Business Assessment
00:43:27 - The Impact of Mindset on Business Ownership
00:45:45 - Financial Readiness and Business Ownership
00:50:06 - Starting a Business: Just Do It
00:51:01 - Knowing Yourself and Your Goals
00:52:51 - Learning from Experience
00:55:15 - Unexpected Paths in Business Ownership
01:00:59 - Free Services and Monetization
01:02:36 - Importance of Communication and Transparency
01:04:12 - Empowerment and Confidence
01:06:02 - Screen Addiction and Parenting
01:08:23 - The Value of Listening and Feedback
01:10:39 - The Power of Assessments in Business
00:03:01 - Leaving Corporate America
00:05:23 - First Business Failure - P three inventory
00:08:16 - Second Business Failure - Second Pouch
00:13:03 - Starting Business Number Three
00:15:08 - Overcoming Adversity
00:17:41 - Finding Success
00:18:26 - Scaling and Course Creation
00:23:56 - Transition to Franchise Broker
00:25:38 - Entrepreneurial Mindset
00:26:59 - Transition to Franchising
00:30:01 - Learning New Skills
00:31:42 - Pros of Franchising
00:36:00 - Common Franchise Myths
00:38:10 - The Cost of Starting a Franchise Business
00:40:07 - Understanding Franchise Fit
00:42:22 - Zoracle Business Assessment
00:43:27 - The Impact of Mindset on Business Ownership
00:45:45 - Financial Readiness and Business Ownership
00:50:06 - Starting a Business: Just Do It
00:51:01 - Knowing Yourself and Your Goals
00:52:51 - Learning from Experience
00:55:15 - Unexpected Paths in Business Ownership
01:00:59 - Free Services and Monetization
01:02:36 - Importance of Communication and Transparency
01:04:12 - Empowerment and Confidence
01:06:02 - Screen Addiction and Parenting
01:08:23 - The Value of Listening and Feedback
01:10:39 - The Power of Assessments in Business
Vivian Kvam
- LinkedIn - https://www.linkedin.com/in/viviankvam/
- Email Vivian - vkvam@thetandemworks.com
Charista Baye- Thoughtful Franchise Brokers
- Facebook - https://www.facebook.com/ThoughtfulFranchiseBrokers
- Website -www.thoughtfulfranchisebrokers.com
- LinkedIn- https://www.linkedin.com/company/thoughtful-franchise-brokers/
Tandem Works Team:
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- Email the team: RidingTandem@thetandemworks.com
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