Franchise Empires

Ever wonder how a franchise can keep growing without a ceiling in sight?  Cory Lyons, the CEO of Koala Insulation and a 20-year veteran in the franchise world, will give us his insights. In this episode, Cory reveals what drew him to Koala Insulation, how they’ve managed explosive growth since franchising in 2020, and why they’re only scratching the surface of their potential.  We dive into the key systems that impressed him, how he balances franchisee and franchisor support, and the KPIs driving Koala's success.  Plus, Cory shares why the unknown future of the brand keeps him excited every day. 00:01:41 - The Journey to Becoming the CEO of Koala Insulation 00:04:30 - What Systems Did Koala Insulation Have that Impressed Cory? 00:07:30 - The Trajectory of Koala Insulation Since Cory Joined 00:12:39 - Balancing Support Between Franchisees and Franchisors 00:17:05 - What Services do Koala Insulation Actually Provide? 00:24:17 - An Insight Into Koala Insulation’s 4 Big KPIs 00:26:57 - The Future and Potential of Koala Insulation’s Growth Trajectory Follow Cory: LinkedIn: https://www.linkedin.com/in/zhaosaurus/https://www.linkedin.com/in/cory-lyons-6a9ab919/ Follow The Wolf: Newsletter: https://workweek.com/brand/the-wolf-of-franchises/https://workweek.com/brand/the-wolf-of-franchises/ [https://workweek.com/brand/the-wolf-of-franchises/] YouTube: https://www.youtube.com/@thewolfoffranchiseshttps://www.youtube.com/@thewolfoffranchises [https://www.youtube.com/@thewolfoffranchises] Twitter: https://twitter.com/franchisewolfhttps://twitter.com/franchisewolf [https://twitter.com/franchisewolf] Website: https://www.krokit.comhttps://www.krokit.com [https://www.krokit.com] And for exclusive insider content, don’t forget to check out my https://www.youtube.com/@thewolfoffranchisesYouTube channel [https://www.youtube.com/@thewolfoffranchises]. Are you a future franchise entrepreneur? Find all of the tools you need to launch, operate, and expand your franchise empire with the platform created by The Wolf himself, https://www.krokit.com/Krokit.com [https://www.krokit.com/].  And if you’ve enjoyed listening to Franchise Empires, I’d be so grateful if you could drop me a 5-star review on https://ratethispodcast.com/franchiseempiresRate My Podcast [https://ratethispodcast.com/franchiseempires]. Thank you so much!

Ever wondered what it takes to stand out in a saturated niche like health and fitness? Tune in as The Wolf chats with Tom Dowd and Janina Czado, the dynamic duo behind F45 Training's exciting transformation and the birth of their new brands, FS8 and VAURA.  They're shaking up the fitness world with a clever hub and spoke model but not without the hiccup of naming their latest venture.  Tom and Janina dive into how they're enhancing the sensory experience in their Pilates studios and setting bold visions for F45 Training, FS8 and VAURA. They also share how they're standing out in a crowded market by delivering impactful content that truly empowers their community. Discover their groundbreaking reciprocity program by F45 Training, which opens doors for members across studios, and get a behind-the-scenes look at the robust support system uniting their brands. 00:01:20 - Bringing Pilates to Mainstream Market 00:05:44 - How Janina Became Involved With F45 Training 00:7:18 - When was F45 Training launched in the US? 00:08:40 - Differentiating Fitness Concepts in Pilates 00:14:05 - Brand Differences in VAURA, FS8 and F45 Training 00:19:01 - Breaking Down Financial Metrics 00:22:32 - How Are the Three Brands Structured? 00:24:50 - Restructuring All the Brands Into a Single Platform Follow Tom: https://www.linkedin.com/in/tom-dowd-9092981/ [https://www.linkedin.com/in/tom-dowd-9092981/] Follow Janina: https://www.linkedin.com/in/janinaczado/ [https://www.linkedin.com/in/janinaczado/] Follow The Wolf: Newsletter: https://workweek.com/brand/the-wolf-of-franchises/ [https://workweek.com/brand/the-wolf-of-franchises/] YouTube: https://www.youtube.com/@thewolfoffranchises [https://www.youtube.com/@thewolfoffranchises] Twitter: https://twitter.com/franchisewolf [https://twitter.com/franchisewolf] Website: https://www.krokit.com/https://www.krokit.com [https://www.krokit.com] Are you a future franchise entrepreneur? Find all of the tools you need to launch, operate, and expand your franchise empire with the platform created by The Wolf himself, Krokit.com. And if you’ve enjoyed listening to Franchise Empires, I’d be so grateful if you could drop me a 5-star review on Rate My Podcast. Thank you so much!

The Wolf’s bringing it back to another solo episode, and this time he’s got all of Twitter wondering why he’s been MIA for so long. He explains where he’s been all this time, and how his game-changing franchising platform, Krokit has been keeping him busy these past few months. Plus, remember how the Wolf called out Nothing Bundt Cakes as an important franchise to keep your eye on? Well, this week, he’s got another franchise to pay attention to and it’s *definitely* one you’re not expecting. And later, with Games Day Men’s Health testosterone clinics claiming they’ve sold over 700+ units, what exactly does it mean if they’ve only managed to open 100 units thus far? The Wolf breaks down some of the most common franchise marketing tactics brands use to lure prospective franchisees into the system before going over the basics incentive structure of the franchisor/franchisee relationship.   00:00 Milkshake Factory 06:00 Krokit 08:21 Game Day Men’s Health   Follow The Wolf: Newsletter: https://workweek.com/brand/the-wolf-of-franchises/ [https://workweek.com/brand/the-wolf-of-franchises/] YouTube: https://www.youtube.com/@thewolfoffranchises [https://www.youtube.com/@thewolfoffranchises] Twitter: https://twitter.com/franchisewolf [https://twitter.com/franchisewolf] Website: https://www.krokit.com [https://www.krokit.com]   And for exclusive insider content, don’t forget to check out my YouTube channel [https://www.youtube.com/@thewolfoffranchises].   Are you a future franchise entrepreneur? Find all of the tools you need to launch, operate, and expand your franchise empire with the platform created by The Wolf himself, Krokit.com [https://www.krokit.com/].   And if you’ve enjoyed listening to Franchise Empires, I’d be so grateful if you could drop me a 5-star review on Rate My Podcast [https://ratethispodcast.com/franchiseempires]. Thank you so much!

Who’s the brains behind one of the world’s most cutting-edge VR franchises? Step into the immersive world of Sandbox VR with The Wolf and its Founder/CEO, Steve Zhao. Steve explains how Sandbox VR revolutionized the entertainment industry by combining technology, community, and an incredible VR experience. From their state-of-the-art AI and computer vision technology to their commitment to removing barriers and fostering innovation, Steve shares the secrets behind Sandbox VR's success. Learn how they’re creating a seamless and immersive experience for customers by utilizing both internal software tools and third-party vendors to drive franchise development. Plus, Steve breaks down Sandbox VR’s future potential for a membership-based model and reveals how its community-driven environment has paved the way for it to become a major player in the franchise industry.   Join the fastest-growing VR franchise in the world and be among the first to bring premium immersive VR experiences to your community. Invest in the future of entertainment by visiting franchise.sandboxvr.com [https://franchise.sandboxvr.com/]. 00:01:09 - Bootstrapped Mobile Gaming Company Founder Explores VR 00:03:49 - Revolutionizing Gaming with Sandbox VR 00:06:03 - Company's Evolution: From Licensing to Ownership 00:07:20 - Franchising Plans Pre and Post-COVID 00:11:02 - Comparing Corporate and Franchise Stores 00:16:47 - Exploring Revenue Models in Business 00:23:08 - Franchise Management Software: Build or Outsource? 00:25:05 - Future Plans for Immersive VR 00:26:45 - Learn About Sandbox VR Online   Follow Steve: LinkedIn: https://www.linkedin.com/in/zhaosaurus/ [https://www.linkedin.com/in/zhaosaurus/]   Follow The Wolf: Newsletter: https://workweek.com/brand/the-wolf-of-franchises/ [https://workweek.com/brand/the-wolf-of-franchises/] YouTube: https://www.youtube.com/@thewolfoffranchises [https://www.youtube.com/@thewolfoffranchises] Twitter: https://twitter.com/franchisewolf [https://twitter.com/franchisewolf] Website: https://www.krokit.com [https://www.krokit.com]   And for exclusive insider content, don’t forget to check out my YouTube channel [https://www.youtube.com/@thewolfoffranchises].   Are you a future franchise entrepreneur? Find all of the tools you need to launch, operate, and expand your franchise empire with the platform created by The Wolf himself, Krokit.com [https://www.krokit.com/].   And if you’ve enjoyed listening to Franchise Empires, I’d be so grateful if you could drop me a 5-star review on Rate My Podcast [https://ratethispodcast.com/franchiseempires]. Thank you so much!

The Wolf’s reaching into the listener mailbag and answering some of your most pressing franchise questions for this special edition episode. What are the top three franchises he’s keeping his eye on this year? NGL but… the answers might shock you (no hype cycle or fad brands in this list)! And speaking of hype cycles, what are some major red flags to avoid in potential franchises? The Wolf tackles some of the most common traps new franchisees fall for before diving into the importance of due diligence and speaking to your franchisees. Join the fastest-growing VR franchise in the world and be among the first to bring premium immersive VR experiences to your community. Invest in the future of entertainment by visiting franchise.sandboxvr.com [https://franchise.sandboxvr.com/]. 00:00:00 - Franchise World Mailbag: Answering Questions 00:04:18 - The Top 3 Most Interesting Franchises of 2024 00:09:11 - Avoiding Franchise Sales Traps: Tips 00:14:14 - Franchisee Feedback Key in Due Diligence   Follow The Wolf: Newsletter: https://workweek.com/brand/the-wolf-of-franchises/ [https://workweek.com/brand/the-wolf-of-franchises/] YouTube: https://www.youtube.com/@thewolfoffranchises [https://www.youtube.com/@thewolfoffranchises] Twitter: https://twitter.com/franchisewolf [https://twitter.com/franchisewolf] Website: https://www.krokit.com [https://www.krokit.com/]   And for exclusive insider content, don’t forget to check out my YouTube channel [https://www.youtube.com/@thewolfoffranchises].   Are you a future franchise entrepreneur? Find all of the tools you need to launch, operate, and expand your franchise empire with the platform created by The Wolf himself, Krokit.com [https://www.krokit.com/].   And if you’ve enjoyed listening to Franchise Empires, I’d be so grateful if you could drop me a 5-star review on Rate My Podcast [https://ratethispodcast.com/franchiseempires]. Thank you so much!