Franchising Your Way to Business Growth: With Entrepreneur Frank Fiume, founder of i9 Sports

In this second of a three-part series, serial entrepreneur Frank Fiume, a pioneer in the youth sports industry and the founder of i9 Sports, joins Talking Business Now host Kelly Scanlon to share tips and insights into using franchising as a way to grow your business—including the lessons he learned from his mistakes. (Listen to the first episode on the entrepreneurial mindset needed to run a successful business and remain a healthy person.)
i9 Sports is the country's leading franchise of youth leagues and camps. It has generated more than $300 million in sales, with 2 million participants in 900 communities across 30 states nationwide. The business catapulted Fiume to national recognition, and Entrepreneur magazine ranked i9 Sports as the #1 children’s fitness franchise. Fiume has been featured on Fox Business News, HBO Real Sports, and in dozens of publications and national news media outlets, including USA Today, Sports Illustrated and The Wall Street Journal.
Fiume sold i9 Sports in 2017 to a private equity firm, but remains a minority shareholder and member of the board of directors.
Fiume recently released his first book, "Running With My Head Down: An Entrepreneur's Story of Passion, Perseverance, and Purpose."
In this episode, we talk with Fiume about using franchising as a strategy for growing a business. Among the insights he shares:

The most important criteria necessary for determining if your business is a candidate for franchising.

The importance of infrastructure.

How the founder's role changes.

How to find great franchisees.

Who you need on your team to guide you through the process.

The role of marketing.

CONNECT WITH FRANK FIUME

LinkedIn: https://www.linkedin.com/in/frankfiume/

Twitter: https://www.twitter.com/frankfiume

Facebook: https://www.facebook.com/frankfiumeii/

Instagram: https://www.instagram.com/frankfiumeii

Learn more about your ad choices. Visit megaphone.fm/adchoices

In this second of a three-part series, serial entrepreneur Frank Fiume, a pioneer in the youth sports industry and the founder of i9 Sports, joins Talking Business Now host Kelly Scanlon to share tips and insights into using franchising as a way to grow your business—including the lessons he learned from his mistakes. (Listen to the first episode on the entrepreneurial mindset needed to run a successful business and remain a healthy person.)

i9 Sports is the country's leading franchise of youth leagues and camps. It has generated more than $300 million in sales, with 2 million participants in 900 communities across 30 states nationwide. The business catapulted Fiume to national recognition, and Entrepreneur magazine ranked i9 Sports as the #1 children’s fitness franchise. Fiume has been featured on Fox Business News, HBO Real Sports, and in dozens of publications and national news media outlets, including USA Today, Sports Illustrated and The Wall Street Journal.

Fiume sold i9 Sports in 2017 to a private equity firm, but remains a minority shareholder and member of the board of directors.

Fiume recently released his first book, "Running With My Head Down: An Entrepreneur's Story of Passion, Perseverance, and Purpose."

In this episode, we talk with Fiume about using franchising as a strategy for growing a business. Among the insights he shares:

The most important criteria necessary for determining if your business is a candidate for franchising.
The importance of infrastructure.
How the founder's role changes.
How to find great franchisees.
Who you need on your team to guide you through the process.
The role of marketing.

CONNECT WITH FRANK FIUME

LinkedIn: https://www.linkedin.com/in/frankfiume/

Twitter: https://www.twitter.com/frankfiume

Facebook: https://www.facebook.com/frankfiumeii/

Instagram: https://www.instagram.com/frankfiumeii

Learn more about your ad choices. Visit megaphone.fm/adchoices