010: Why Franchises Work

What makes McDonald’s so successful over the years? They don’t have the best-tasting food.  But what makes them outperform the others? In this episode, I'm sharing some ideas and concepts that every entrepreneur and every business leader really needs to get familiar with.  Joining me today is our marketing specialist, Deborah Anthony. We specifically talk about the idea of franchising and why people so often gravitate towards franchises. In this episode, you will hear: John Maxwell’s The Law of the Lid Why every business needs to be a franchise Consistency will always outperform good How important clarity is The 7 areas of your business that need consistency How to be consistent in all areas of your business The 3 different personalities every business leader takes on and when tension takes place The value of coaching   Subscribe and Review Share your thoughts and ideas with us and email me at stephen@experienceleadership.com. If you like what you’re hearing, please subscribe to this podcast. Each week, Experience Leadership Podcast shares coaching tips as well as new facts, figures, and cutting-edge theories and thoughts about leadership to help grow your business. We also feature stories of successful people so you learn from real people, and not just from theory. I’d love for you to give me a review over on Apple Podcasts. Simply select “Ratings and Reviews” and “Write a Review” then a quick line with your favorite part of the episode. It only takes a second and it helps spread the word about the podcast. If you enjoyed this episode, we've created a PDF that has all of the key information for you from the episode. Just go to the episode page at https://experienceleadership.com/podcast​ to download it. Supporting Resources: https://experienceleadership.com/podcasts/el009 21 Irrefutable Laws of Leadership by John C. Maxwell https://www.amazon.com/21-Irrefutable-Laws-Leadership-Anniversary/dp/0785288376 The E-Myth by Michael Gerber https://www.amazon.com/Myth-Revisited-Small-Businesses-About/dp/0887307280   *** Episode Credits If you like this podcast and are thinking of creating your own, consider talking to my producer, Danny Ozment. He helps thought leaders, influencers, executives, HR professionals, recruiters, lawyers, realtors, bloggers, coaches, and authors create, launch, and produce podcasts that grow their business and impact the world. Find out more at https://emeraldcitypro.com