Did you know that you could build wealth with franchise investing? The idea of franchising started way back in the Middle Ages, but it really started to pick up steam in the 1960s with the creation of turnpikes and President Eisenhower’s Interstate Highway System. That’s when franchising really had its heyday, but in the last couple of decades, franchising has been looked down on and passed over as an opportunity to build wealth. But the tide is changing. Our guest, Kenny Rose, CEO and founder of FranShares, created a platform that democratizes franchise investing so it could become accessible to everyone. The beauty is that you no longer need to own a franchise, which could cost hundreds of thousands of dollars. Instead, you can invest in franchises and generate passive income for much less. It’s an interesting concept for sure, and I’m personally happy that franchising is having a renaissance because it’s a business model that has worked for so many people it would be silly to overlook it. In this episode, you’ll learn:
What is franchise investing?
What makes a franchise profitable?
Why should you invest in a franchise right now?
And so much more, you’ll want to take notes on this episode.
Links
FranShares
Kenny on LinkedIn
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