The En Factor Podcast features conversations with entrepreneurs who have started, stumbled and succeeded.
On this episode of The En Factor, we are excited to welcome franchise consultant, founder, and CEO of Peak Franchising, Chris Hilgers. Chris grew up around family businesses much of his early life where he gained firsthand experiences of the entrepreneurial lifestyle and dedication it took to become successful as a business owner. Beginning his professional career in sales, Chris learned a lot about communicating and building relationships with others before he went on to leave the corporate world and start Peak Franchising.
Through Peak Franchising, Chris serves others a franchise coach to partner high quality people with the perfect fit of a franchise for them to own and lead. Chris’s extensive background and knowledge of the franchising world, as well as people skills, make this episode a super valuable one with advice on identifying high quality people whether it be hiring employees or partnering with another entrepreneur.
Join us and tune into this insight-packed episode with Chris and host Dr. Rebecca White as they explore and dive deep into subject matter including how Chris can help aspiring business owners find the perfect franchise opportunity, as well as what to look out for when researching prospective franchises and reading through franchise agreements.
Key Words – Franchise, Consulting
Explore this episode, and many other conversations with entrepreneurs on The En Factor Podcast, here: https://drrebeccawhite.com/podcasts/en-factor
Connect with Chris to learn more about Peak Franchising, as well as his Franchise Investigation Readiness Survey and Franchise Model Fit Quiz, at Peak Franchising’s website, here:
Explore Dr. White’s new Entrepreneurial Intelligence (EI) Lab, here:
https://drrebeccawhite.com/entrepreneurial-intelligence-lab/
Check out Dr. White’s book, “See, Do, Repeat”, and more from her website, here:
Chapters
00:00 • Introduction: Welcome to The En Factor!
00:35 • Getting Ready for a Deep Dive Into the Franchising World with Chris Hilgers
01:33 • Welcome to The En Factor, Chris!
02:40 • Chris’s Background and Upbringing in an Entrepreneurial Family
06:40 • How Chris Identifies High Quality People
09:55 • Common Misconceptions About Franchising
13:35 • How Chris Helps His Clientele as a Franchise Consultant
18:00 • The Goals and Motives of Franchisees
21:36 • Red Flags Franchisees Must Look For in a Franchise Agreement
26:30 • Chris’s Advice for Entrepreneurs Considering Turning Their Business into a Franchise
31:21 • What Chris is Doing to Keep Learning and Developing Personally
34:00 • Chris’s Biggest Turning Point in Life
36:10 • One Final Piece of Advice from Chris for Aspiring Entrepreneurs
36:45 • How Our Audience Can Connect with Chris and Peak Franchising
37:50 • Wrapping Up with Dr. White: Thank You for Listening to The En Factor!
Episode takeaways
- Franchisees are business owners, not mere operators of a prescribed model. This mindset fosters innovation and leadership within the franchise system.
- Understanding franchising’s broad applicability opens new avenues for entrepreneurs, beyond traditional categories.
- Aligning with partners who uphold similar ideals ensures brand consistency and reputation.
- Rigorous due diligence minimizes risk and ensures a better fit between the entrepreneur’s goals and the franchise opportunity.
- Cultivating resilience and willingness to pivot helps navigate unpredictable challenges is essential for long-term success as a business owner.
- Effective collaboration hinges on shared values and aligned visions, transforming partnerships into strategic drivers that shape the trajectory of a franchise’s growth and success.
The En Factor® Podcast
Conversations with Entrepreneurs
Hosted by Dr. Rebecca White
Our audience of aspiring and established entrepreneurs are inspired to persevere throughout their entrepreneurial journey. You will hear first-hand stories of success, resilience through failure, and how to become a master in your field.
