From Tech CEO to a $400K/yr Franchise (in 11 Months)

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In this episode, Chris breaks down why a tech CEO in his late 50s bought 2 territories of a hydraulic hose repair franchise, how he walked away from a $9M-a-year company at the 11th hour, and what it takes to launch a franchise from scratch.

◼️ The 4 banks that backed out of that deal, and why he walked even after the price dropped by $2M

◼️ Why he turned down 3 territories of a different franchise within 48 hours of visiting them

◼️ How he checked a franchise's real numbers when it wasn't allowed to show him its financials

◼️ What his $120K bought, and how it got him over the bar for an SBA loan

◼️ His 10-year plan to grow from 2 territories to ideally 3 or 4, then renew or sell

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