Make $$ with a Franchise!

Welcome back to the Diversified Income Experiment Podcast! In this episode, I will talk about how you can make lots of money with a franchise! First, I will give my thoughts on why many businessmen love franchises, then I’ll share the most important lessons I learned after evaluating a bunch of franchise opportunities. I will also talk about how I make money with my franchise, “Smash My Trash”, from the revenue to the challenges I encountered. Ready? Listen in!

[00:01 – 09:42] Lessons Learned from Evaluating Franchise Opportunities

- Why people love franchises
- My current franchise, “Smash My Trash”
- Important lessons that I learned evaluating franchise opportunities
- Write down what your strengths are
- Do you want to be an owner-operator?


[09:43 – 19:53] Making Money with a Franchise

- Doing the math for “Smash My Trash”
- Why it’s important to find great sales guys
- Adding a hauling business to “Smash My Trash”
- Closing words


Tweetable Quotes:

“When you think of franchises, think of any business, are you trying to get an incremental dollar out of someone's pocket, or are you trying to just redistribute the dollars that they're already spending, and then they spend less? The value proposition of ‘Smash My Trash’ is, with our service, you will pay less in managing your waste.” - Keith Leimbach

“Go do something awesome today. It's just another day, man. It's beautiful. It's sunny. Even if it's not sunny, it's raining, it doesn't matter. It's a beautiful day, and it's one that you can take advantage of. Go figure out what you can do with your life.” - Keith Leimbach



I WOULD LOVE TO HEAR FROM YOU! If you have questions, comments, or want to talk about life-changing opportunities, reach out to me through LinkedIn /in/keithleimbach, send me an email at [email protected], or visit https://dincpie.com/