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Aug 12
32m 9s

7 Costly Mistakes I Made as a Franchisee...

Erik Van Horn
About this episode

In this solo episode, Erik shares the hard-earned lessons he wishes he’d known sooner as a franchisee—so you can avoid costly mistakes, scale smart, and boost profitability. From avoiding territory overload to mastering the basics that actually make money, this is the blueprint for long-term success in franchising.

 

Timestamps:

0:00 – Why franchisees fail before they start

1:20 – Scaling back from 20 to 10 locations

3:15 – The territory trap: bigger isn’t better

6:12 – Buying existing vs. starting new

8:30 – Innovating too early in your franchise

12:25 – Obsessing over the wrong things

16:30 – The danger of overleveraging

19:11 – Brand name myths

23:22 – Learning from the top 1%

28:48 – Why top-line obsession kills profits

 

Connect with Erik Van Horn:

🌐 Website - https://franchisesecrets.com/   

📷 Instagram - https://www.instagram.com/erikvanhorn/  

👍 Facebook - https://www.facebook.com/erik.v.horn/  

💼 LinkedIn - https://www.linkedin.com/in/evanhorn/ 

 

Best Franchise Starter Playlist:

https://youtube.com/playlist?list=PLEEithd54kMlgRgsBAo4LWNCMSOthnK0r&si=TD1z25-ie2d23rGm

https://youtube.com/playlist?list=PLEEithd54kMle5_OUXiuLbc_UPBtz1vTE&si=uCOgDya1VnnCarDf

https://youtube.com/playlist?list=PLEEithd54kMk2Kw07KwZGWgF8UTx9N5_T&si=ZldjBOqFanGE-JUL

 

#FranchiseGrowth #BusinessMistakes #Profit

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