logo
episode-header-image
Jan 2015
15m 27s

Franchising, Open Courses & Cash or Expo...

Gary Vaynerchuk
About this episode

#QOTD
Part 1: Give me your feedback, are you excited about instagram bringing a visual element to the show? 
Part 2: Are you going to submit a question via instagram? 


If you are building a consumer facing business, like a restaurant for example, then a franchise is a great thing to do. But, something to ask is—are you trying to franchise your name? A lot of people have tried to franchise me. Yeah. Me. As in Garyvee. I got so many pitches when “Crush It” came out in 2010. People wanted to build courses that they would teach, but it would syphon up to me. That was something I wasn't comfortable with because I don’t feel like it represented me. I wouldn't want to franchise that route.

So if you're asking me about franchising yourself, I'm going to say no. Having other people represent "you", to scale your "brand" as a franchise, just doesn't make sense any more. With YouTube and all the other forms of social media available, you just don't need it. 

BUT let's say you're franchising your restaurant or retail business. If that is the case, I am comfortable saying: go for it. You can make suer your brand is ensured with lots of rules, lots of legal jargon and intense training. Whatever you need to do to scale that, do it. It might be tough, but it will be worth it to keep the core values of your business intact. 

Up next
Today
Are You on Offense or Defense?
In this episode of The GaryVee Audio Experience, I talk about what it takes to move from talking about doing it to actually doing it. I share why emotional intelligence, personal brand, and human connection matter in an increasingly digital world, along with an underused opportun ... Show More
24m 27s
Nov 9
Here’s What the Next 5 Years Will Actually Look Like
In this episode of The GaryVee Audio Experience, I sit down with Gstaad Guy to talk about whose judgment deserves your attention and why curiosity matters more than cynicism. We discuss the difference between encouraging people and enabling them, along with my belief that advanci ... Show More
42m 19s
Nov 6
Why You Need to Forget Your "Mistakes" and Focus on Your Next Thing
In this episode of The GaryVee Audio Experience, I sit down with Ryan Chen, founder and CEO of CRWD, to talk about why I believe analog marketing is making a comeback. CRWD connects businesses with everyday people for paid gigs, from trying products and visiting stores to attendi ... Show More
45m 7s
Recommended Episodes
Dec 2022
Want to Scale Your Business As a Franchise? Get the Scoop with The Scout Guide
Business franchises are everywhere! You see several in the form of fast food chains whenever and wherever you get off the interstate. And while I’ve talked about scaling your business on the show before, I haven’t gone deep into more traditional ways to do it like this. Today, I’ ... Show More
48m 44s
Apr 2024
#130 FranShares: Invest in Franchises
After spending a decade as a franchise broker, Kenny Rose decided to break out on his own and start FranShares. An alternative investment platform where anyone can invest in franchises. Now you can own a piece of your local fast food joint, a medspa, even a car wash! But will the ... Show More
42m 49s
Oct 2017
Franchise Negotiations
<p><span style="font-size: 10pt;">Dominic is a serial entrepreneur who also happens to be a business coach.  He has built and sold two multinational businesses in the last two years. He is the global franchisor for a company called Focal Point Coaching which is a company that he ... Show More
40m 33s
Nov 2023
Franchises On Fire with Lance Graulich
Lance Graulich is a podcast host (Eye On Franchising) and successful franchisee turned franchise consultant who helps change the lives of people who want to leave their 9 to 5 to be their own boss. Top 3 Value Bombs 1. Anyone can become a business owner. It starts with shifting y ... Show More
25m 33s
May 2023
How to Franchise Your Small Business with Dr. Tom DuFore
Dr. Tom DuFore is a franchise expert and CEO of Big Sky Franchise Team, an award-winning consulting firm helping entrepreneurs franchise their businesses. He has consulted with or advised more than 700 franchisors over the last 20 years. He also hosts the Multiply Your Success po ... Show More
25m 11s
Dec 2016
511: Best of 2016, Starting a Business
The second installment of the year end wraps is on the topic of entrepreneurship and advice for aspiring business owners or brands. I know a lot of you are eager to launch or grow your own company, to be self-employed, call your own shots, that’s the dream, right? Many of my gues ... Show More
22m 59s