#15 Tommy Balaam - The Importance of Fun in Business

Summary</p> <br /></p> Tommy Balaam, CEO and founder of Captain Fantastic, shares his journey of building a successful children's entertainment party empire. He emphasizes the importance of having fun and enjoying what you do in business. Tommy discusses the early days of starting his business as a side job while pursuing acting and how it eventually grew into a full-time venture. He also talks about the role of social media in building a following and the value of automation and systems in franchising. Tommy shares his plans for the future, including expanding internationally and developing new products.</p> Chapters</p> <br /></p> 00:00 Introduction and Overview</p> 01:38 The Importance of Fun in Business</p> 06:05 Building a Following on Social Media</p> 09:19 Automation and Systems in Franchising</p> 12:31 The Role of Team and Processes in Business Success</p> 18:09 Building Structure and Infrastructure for Long-Term Growth</p> 23:25 Conclusion and Future Plans</p> <br /></p> <br /></p>

00:29:02

Dom Goldman The Power of Storytelling and Brand Strategy

Summary In this episode of Walking with Walfinch, Amrit interviews Dom Goldman, a seasoned creative officer and founder of You're the Goods. They discuss the evolution of the advertising industry, the importance of crafting impactful brand stories, and the role of brand archetypes in differentiation. Dom shares insights from his extensive experience, including big-budget projects and the significance of brand purpose. The conversation also touches on the need for modernizing healthcare communications and embracing technology, particularly AI, in the creative process. Dom emphasizes the importance of ambition and doing things differently to succeed in today's competitive landscape. Chapters 00:00 Introduction to Dom Goldman and His Journey 03:11 The Evolution of Advertising and Creativity 07:14 Crafting Impactful Brand Stories 11:39 Understanding Brand Archetypes and Differentiation 15:20 Big Budget Projects and Storytelling 19:33 The Importance of Brand Purpose 22:22 Embracing Change and Technology in Advertising 26:14 Modernizing Healthcare Communications 29:46 Dom's Early Life and Creative Beginnings 31:44 Actionable Advice for Aspiring Creatives</p>

00:33:10

#13 - Simon Mills The Power of Franchising: Transforming Lives

Summary</p> <br /></p> In this conversation, Amrit interviews Simon Mills, a franchise expert, discussing his extensive experience in franchising, the keys to success for franchisees, the responsibilities of franchisors, and the importance of building a valuable franchise system. They explore the challenges faced by both franchisees and franchisors, the financial considerations for starting a franchise, and the resources available for franchisors. Simon emphasizes the significance of accountability and mentorship in achieving entrepreneurial success.</p> <br /></p> Chapters</p> <br /></p> 00:00 Introduction to Simon Mills and His Journey</p> 03:01 Keys to Success for Franchisees</p> 06:44 Challenges and Responsibilities of Franchisors</p> 10:01 Building a Valuable Franchise System</p> 12:09 Essential Resources for Franchisors</p> 14:54 Financial Considerations for New Franchisors</p> 16:19 The Impact of Franchising on Lives</p> 17:07 Actionable Advice for Aspiring Entrepreneurs</p> <br /></p> <br /></p>

00:17:44

#12 - A Founders Story... The REAL Start Of Walfinch with Amrit Dhaliwal

#12 - A Founders Story... The REAL Start Of Walfinch with Amrit Dhaliwal</p> <br /></p> Summary</p> <br /></p> In this engaging conversation, Amrit Dhaliwal, CEO and founder of Walfinch, shares his journey from childhood experiences that shaped his resilience to his entrepreneurial ventures in the food industry and home care business. He emphasizes the importance of planning, negotiation skills, and learning from challenges faced in business. The discussion highlights how personal history and experiences contribute to professional growth and success.</p> <br /></p> Chapters</p> <br /></p> 00:00 The Roots of Resilience</p> 05:15 Lessons from Early Entrepreneurship</p> 10:31 Navigating Challenges in Business</p> 15:15 Planning for Future Success</p> <br /></p>

00:16:11

#11 Building a Business with an Exit in Mind - Shannon Wilburn

Summary</p> <br /></p> Shannon Wilburn, co-founder of Just Between Friends, shares her experience of exiting her successful franchise business and offers advice for entrepreneurs at different stages. She emphasizes the importance of thinking about an exit strategy from the beginning and creating a business that can be sold later. Surrounding yourself with smart people and seeking mentorship is crucial for growth and success. For those considering an exit, Shannon suggests delegating tasks and elevating others within the organization to prepare for a smooth transition. She also discusses the potential multiples in franchise business sales.</p> <br /></p> Chapters</p> <br /></p> 00:00 Introduction</p> 02:39 Shannon's Entrepreneurial Journey</p> 05:13 Thinking About an Exit</p> 13:35 Advice for Entrepreneurs at the Startup Stage</p> 21:12 Advice for Entrepreneurs Considering an Exit</p> 26:45 Understanding Multiples in Franchise Business Sales</p> 34:50 Actionable Steps for Entrepreneurs</p> 39:16 Conclusion</p> <br /></p>

00:39:21

#10 The Importance of Field Coaching and Support in Franchising - Angela Cote

SummaryAngela Cote from AC Inc discusses the importance of field coaching and support in franchising. She emphasizes the need for proactive coaching and training to help franchisees become successful business owners. Cote explains that field coaches should have a passion for the brand, some business acumen, and strong leadership skills. She recommends using tools like KPIs and SWOT analysis to assess franchisee performance and identify areas for improvement. Cote also advises business owners to take ownership of their success and actively engage with franchisees and prospects.Chapters00:00 Introduction and Background00:53 AC Inc: Education and Training for Franchise Support03:23 Angela Cote's Franchising Journey04:52 The Importance of Field Coaching07:40 Transition to Proactive Coaching09:45 Building a Support Team for Emerging Franchisors16:11 Training Field Coaches: Subject Matter Focus20:35 Using KPIs to Improve Franchisee Performance22:23 Leadership and Staff Retention24:36 Addressing Leadership Issues in Franchisees27:21 Recruiting Coaches and Field Coaches29:43 Taking Ownership of Success31:27 Engaging with Franchisees and Prospects<br /></p>

00:31:36

#9 - The Role of Franchise Support Managers - Julie Farrow

Summary</p> <br /></p> In this conversation, James Boyes interviews Julie Farrow, the Senior Franchise Support Manager at Walfinch, about what to look for in franchising, specifically in the home care industry. They discuss the importance of researching different franchise opportunities, the role of franchise support managers, the benefits of not having prior home care experience, the significance of networking in the local community, the economics of running a franchise, and the advantages of franchising over independent businesses. They also provide advice for aspiring entrepreneurs on what questions to ask when considering a franchise.</p> <br /></p> Chapters</p> <br /></p> 00:00 Introduction</p> 01:09 Researching Different Franchise Opportunities</p> 03:12 The Role of Franchise Support Managers</p> 04:13 Benefits of Not Having Prior Home Care Experience</p> 05:14 Networking in the Local Community</p> 08:46 The Economics of Running a Franchise</p> 11:50 Advantages of Franchising Over Independent Businesses</p> 14:14 Questions to Ask When Considering a Franchise</p> <br /></p>

00:16:00

#8 - Jonny Francis Avoiding Founder Syndrome: Seeking Advice and Perspective

Summary</p> <br /></p> Jonny Francis, a franchising legend, shares his experience and insights on franchising, advisory councils, and advisory boards. He discusses the importance of collaboration and feedback between franchisors and franchisees through advisory councils. He also explains the role of advisory boards in providing guidance and accountability to the owners of franchisor companies. Jonny emphasizes the need for structure, careful selection of members, and meaningful agendas in both advisory councils and boards. He also highlights the value of having a continuity plan and succession plan in place. Jonny concludes by recommending entrepreneurs to seek advice and perspective from trusted individuals to gain valuable insights and avoid founder syndrome.</p> Chapters</p> <br /></p> 00:00 Introduction and Background</p> 09:27 The Role of Advisory Councils in Franchising</p> 17:32 The Power of Advisory Boards for Franchisor Owners</p> 25:24 Implementing Advisory Councils and Boards</p> 32:53 Zor Forum and Mastermind Groups</p> 35:18 Seeking Advice and Perspective</p> <br /></p>

00:36:48

#7 - Ann Taylor - Challenges and Triumphs of Women in Leadership

Summary</p> <br /></p> Ann Taylor, CEO and founder of Hilton Nursing Partners, discusses the creation of Women Achieving Greatness in Social Care (WAGS) and the need for a platform that empowers women in the sector. She highlights the challenges faced by women in leadership roles and the importance of networking and mentorship. Taylor also emphasizes the need for diversity and new perspectives in the future of social care. The conversation explores the cultural shift towards gender equality and the role of men in supporting women's advancement. Taylor shares her own journey in building businesses and creating a positive work environment for staff. The episode concludes with Taylor's advice to think outside the box and embrace change.</p> <br /></p> Chapters</p> <br /></p> 00:00 Introduction and Background of Ann Taylor</p> 01:53 The Creation of WAGS: Empowering Women in Social Care</p> 03:44 The WAGS Awards: Celebrating Women in the Sector</p> 05:13 Challenges Faced by Women in Leadership</p> 08:35 The Role of Men in Supporting Women's Advancement</p> 11:46 Overcoming Gender Bias in Business Interactions</p> 13:09 Mentoring and Networking in WAGS</p> 14:24 The Future of Social Care: Diversity and New Perspectives</p> 19:47 Accessing WAGS and Joining the Community</p> 21:46 Anne Taylor's Journey in Building Businesses</p> 24:39 Creating a Positive Work Environment in Social Care</p> 25:22 Embracing Change and Thinking Outside the Box</p> <br /></p>

00:26:16

#6 - Ingrid Scheider - The Power of Consistency in Branding

In this episode of Walking with Walfinch, Amrit interviews Ingrid Scheider, the CEO of Stay in Your Lane, a fractional C-suite group. They discuss the importance of storytelling and consistency in branding, the key elements of a cult brand, and the role of AI in franchise development. They also touch on the significance of tracking conversion rates and the cost of acquisition in marketing campaigns. Ingrid emphasizes the value of mentorship and asking questions to learn and grow. The episode concludes with contact information for Stay in Your Lane.</p> <br /></p> Chapters</p> <br /></p> 00:00 Introduction</p> 00:20 The Power of Consistency in Branding</p> 04:09 The Role of AI in Franchise Development</p> 09:20 Tracking Conversion Rates and Cost of Acquisition</p> <br /></p>

00:29:32