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In this episode, franchise broker James Hilovsky shares his journey from working in operations for a large corporation to founding his own franchise brokerage business. He highlights the advantages of owning a franchise, including the support and guidance provided, established branding and systems, and access to investment opportunities. James is dedicated to helping entrepreneurs and sports professionals achieve their business ownership dreams. With his expertise in franchise matching and thorough due diligence, he transforms entrepreneurial goals into successful franchises. Connect with James Hilovsky on LinkedIn / jhilovsky . Take their Business Assessment at The FranDream website https://www.thefrandream.com/ Enjoy this episode on your favorite podcast platform ✅ Apple → https://podcasts.apple.com/gb/podcast... ✅ Youtube → / @hanneshennche Let’s Stay Connected ✅ LinkedIn → / hannes-hennche Time Stamps 02:00 James Hilovsky's Money Mindset 03:42 The Benefits of Owning a Franchise 06:17 Doing Your Due Diligence in Franchise Selection 08:35 The Importance of Support in Franchise Success 12:07 Understanding Franchise Fees 14:46 Recommended Franchise Options: Dog Grooming and Muscle Recovery 24:35 Exploring Franchise Opportunities 28:32 Profitable Franchise Options 33:03 Specialized Franchise for Teslas 35:40 Challenges of the Restaurant Business 39:19 The Role of Franchisees in Success 41:22 The Importance of Effort in Coaching 44:43 The Role of a Franchise Broker Sound Bites "Bet on yourself, put that fear aside and try it." "Franchising provides a tangible path to entrepreneurship with support and branding." "Having a call center as a back office is powerful for manpower operations." "Indoor golf studio with 24/7 access, all automated, great for passive ownership." "At the end of the day, it's a business, it's a risk, and you're going to succeed or not because of the team you put in place and the kind of effort that you put in and how you teach your team." #thepathtowellth #realestateinvesting #realestate #multifamily #podcast #moneymindset #franchise #business #investment #duediligence #franchisebroker