Franchising 101 - Do You Have What It Takes To Be a Franchise Owner? - Episode 156

In this episode of Franchising 101, Tim Parmeter, founder and CEO of FranCoach, is discussing the essential traits and intangible qualities required to be a successful franchise owner. Does industry experience matter? What about a history of success? Listen in to see if you have what it takes to be a franchise owner.  Want to know more? Go ahead Schedule a call with one of our franchise coaches! https://www.francoach.net/  Episode Highlights:  0:00 - Intro  03:45 - The Number One Trait Franchisors Look For  06:10 - The Importance of Effort and Work  08:20 - Industry Background vs. Franchise Ownership  11:05 - Different Skill Sets Can Apply 12:50 - Finding the Right Match 14:30 - The "FSO" Factor: Ability to Figure Stuff Out 17:00 - History of Success Matters 21:00 - Not a One-Size-Fits-All Approach 23:10 - How FranCoach Can Help 24:45 - Closing and Getting in Touch with FranCoach  Links and resources mentioned in this episode:  Schedule a call https://meetings.hubspot.com/tim17  Franchising 101 podcast website with a library of past episodes http://franchising101.net/  Visit Entreprenuer.com for a wealth of information for people just like you! https://www.entrepreneur.com/   NEW Franchising News site https://www.franchisingnews.net/  Interested in franchise ownership? Schedule a call with one of our coaches today! FranCoach is connected with over 500 franchises and we walk you through the process of finding the perfect franchise for you. Our services are always free and we commit ourselves to helping you find your better tomorrow. If you enjoy the podcast, would you please consider leaving a short review on Apple Podcasts/iTunes? It takes less than 60 seconds and it really makes a difference in getting our message out to more people who can use it. Sign up for our email newsletter at https://www.francoach.net/  Interested in sponsoring the podcast? Contact us at [email protected] Follow FranCoach: Twitter: twitter.com/FranCoach4U Facebook: facebook.com/francoach4u/ YouTube: youtube.com/channel/UC1GtG31hWoecEONdScIJOsQ