Franchise Secrets Podcast

Are you ready to turn your passion into a thriving franchise? In this episode of Franchise Secrets, Erik Van Horn speaks with Derek Pipkorn, a multi-center owner of Mathnasium, a math-only learning center, about how to scale and manage a franchise successfully.  Derek shares insights into the challenges and rewards of growing multiple franchise locations and how he’s used his experiences to build a scalable business model. He discusses how franchisees can overcome common pitfalls that stifle growth. He also reveals the importance of delegation, brand consistency, and balancing passion with business strategy to create long-term value.  If you're considering franchising, Derek’s journey offers valuable lessons on navigating the complex world of franchise management. From understanding territory dynamics to overcoming fears around competition, this episode is packed with advice for building a successful, scalable franchise. Tune in to hear Derek’s insights on growing your franchise, creating strong brand foundations, and leveraging strategic partnerships. Don’t miss out on these helpful insights!   “If the passion doesn't really technically drive the revenue and the growth of the center and it's not focused, it just kinda becomes a hobby, and I made sure that that wasn't the case from the start." ~ Derek Pipkorn   In This Episode: - Transition from teaching to entrepreneurship - Derek’s journey and passion for franchise ownership - The balance of business growth and passion - The first step to franchise success - Resale vs. starting from scratch - Dealing with competition and franchisee relationships - The importance of having a supportive partner in life and business - Building an asset vs. building cash flow - Delegating responsibilities to scale a franchise - Derek's lifestyle outside of Mathnasium   Resources:  🌐 Consult with Erik - https://form.jotform.com/222685728939070 [https://form.jotform.com/222685728939070] 🌐 Want to buy a franchise? Connect with Erik here - https://forms.gle/n4JedEuU5p7asE617    [https://forms.gle/n4JedEuU5p7asE617] 🌐 Want to franchise your business? Connect with Erik here - https://www.youtube.com/redirect?event=video_description&redir_token=QUFFLUhqbm8xeWxRQmNZQWhXQmIxX0xDZW9kRnBJREd0UXxBQ3Jtc0tuSmdCVXdEbjhCVGhiV0VoNXZ2bHFkd2JhSmxwQ2hRQWo3cDBwZVBEV2ZGSk1IYmRGdmZBNmE2WmRJSXJrRTM4S1ItQW03V0t5NzMyUUJvRFlrbm5fdzlyeHI4VmVLeUFuY1JDZXBDSXRJcl90Y2R1TQ&q=https%3A%2F%2Fforms.gle%2Fn4JedEuU5p7asE617&v=rq_mv9t3ZSEhttps://forms.gle/n4JedEuU5p7asE617  [https://forms.gle/n4JedEuU5p7asE617] 🌐 Franchisees and franchisors find proven tactics and strategies to scale YOUR businesses - https://scalablefranchise.com/ [https://scalablefranchise.com/] 🌐 Franchise Springboard - https://franchisespringboard.com/ [https://franchisespringboard.com/]   Connect with Derek Pipkorn: 🌐 Website - https://www.mathnasium.com/ [https://www.mathnasium.com/] 💼 LinkedIn - https://www.linkedin.com/in/derek-pipkorn-b550a523/ [https://www.linkedin.com/in/derek-pipkorn-b550a523/]   Connect with Erik Van Horn: 🌐 Website - https://franchisesecrets.com/ [https://franchisesecrets.com/]    📷 Instagram - https://www.instagram.com/erikvanhorn/ [https://www.instagram.com/erikvanhorn/]   👍 Facebook - https://www.facebook.com/erik.v.horn/ [https://www.facebook.com/erik.v.horn/]   💼 LinkedIn - https://www.linkedin.com/in/evanhorn/ [https://www.linkedin.com/in/evanhorn/]

What’s the secret to scaling a franchise brand with venture capital? In today’s episode, Yoni Rechtman shares his insights into what makes franchising a powerful tool for growth and why it’s not just about finding the right product, but about creating systems that work. Yoni, a principal at Slow Ventures, joins Erik Van Horn to discuss the intersection of franchising and venture capital, explaining why the model is often misunderstood in the investment world. They dive into finding the right founder, the importance of scalable systems, and why franchisors must think beyond just opening more units.  If you’re a founder or investor, this episode will give you the roadmap to build for growth and success. Tune in for an insider’s perspective on how to make franchising work for you!   “I don't think you can build healthy businesses by just hacking it, cheating, and cutting corners. You can maybe do something quickly, but you can't build something durable. And what matters is building something durable that will outlive you and be a long-standing, important company." ~ Yoni Rechtman   In This Episode: - Meet Yoni Rechtman, Principal at Slow Ventures - Why other VCs are not as interested in franchising as Yoni - Yoni's advice to the founder who wants to raise capital - Liquidity timelines and the philosophy behind Slow Ventures - The importance of a founder’s vision and ambition - How to determine brand valuation - What Yoni is looking for in a founder and a brand - Angel investor vs. venture capitalist - How VCs help franchise owners grow - Where founders should be focusing  - The value of building scalable systems for long-term success   Resources:  🌐 Consult with Erik - https://form.jotform.com/222685728939070 [https://form.jotform.com/222685728939070] 🌐 Want to buy a franchise? Connect with Erik here - https://forms.gle/n4JedEuU5p7asE617    [https://forms.gle/n4JedEuU5p7asE617] 🌐 Want to franchise your business? Connect with Erik here - https://www.youtube.com/redirect?event=video_description&redir_token=QUFFLUhqbm8xeWxRQmNZQWhXQmIxX0xDZW9kRnBJREd0UXxBQ3Jtc0tuSmdCVXdEbjhCVGhiV0VoNXZ2bHFkd2JhSmxwQ2hRQWo3cDBwZVBEV2ZGSk1IYmRGdmZBNmE2WmRJSXJrRTM4S1ItQW03V0t5NzMyUUJvRFlrbm5fdzlyeHI4VmVLeUFuY1JDZXBDSXRJcl90Y2R1TQ&q=https%3A%2F%2Fforms.gle%2Fn4JedEuU5p7asE617&v=rq_mv9t3ZSEhttps://forms.gle/n4JedEuU5p7asE617  [https://forms.gle/n4JedEuU5p7asE617] 🌐 Franchisees and franchisors find proven tactics and strategies to scale YOUR businesses - https://scalablefranchise.com/ [https://scalablefranchise.com/] 🌐 Franchise Springboard - https://franchisespringboard.com/ [https://franchisespringboard.com/]   Connect with Yoni Rechtman: 🌐 Website - https://slow.co/about/ [https://slow.co/about/] 💼 LinkedIn - https://www.linkedin.com/in/yrechtman/ [https://www.linkedin.com/in/yrechtman/]   Connect with Erik Van Horn: 🌐 Website - https://franchisesecrets.com/ [https://franchisesecrets.com/]    📷 Instagram - https://www.instagram.com/erikvanhorn/ [https://www.instagram.com/erikvanhorn/]   👍 Facebook - https://www.facebook.com/erik.v.horn/ [https://www.facebook.com/erik.v.horn/]   💼 LinkedIn - https://www.linkedin.com/in/evanhorn/ [https://www.linkedin.com/in/evanhorn/]

Building a successful franchise isn’t just about growth—it’s about creating the right foundation for your franchisees to thrive. Discover the secrets behind scaling franchises from someone who’s been there and done that. In this episode, Brigham Dallas, a franchise industry expert and owner of Hello Sugar, returns to discuss what it truly takes to grow and sustain a franchise brand. Brigham and Erik discuss why early franchisee success is critical to your brand’s long-term success and how radical transparency can help avoid false expectations. They dive into the importance of hiring the right people, empowering them to make decisions, and ensuring they align with the brand’s vision. Brigham also explains how micro decisions made by team members can significantly impact a franchise’s future. If you want to scale your brand and build a franchise that lasts, don’t miss this episode!   “I do not want a franchisee getting into this business with false expectations. I want them coming into the business knowing exactly what they're getting into and knowing that what we are providing is like there's no surprises—no hiccups, no red flags that come after the marriage." ~ Brigham Dallas   In This Episode: - Building the foundation for franchise growth - Where most brands fail early in the business - The value of Item 19 and radical transparency in franchising - Human receptionists vs. AI, and Brigham's bold decision - Brigham's mission as a franchisor - Setting the right expectations with franchisees - How to align franchisees with your brand’s vision - The benefits of working with Front Street Equity Partners - How Brigham helps franchisees succeed - Hello Sugar's revenue generation scheme for franchisees   Resources:  🌐 Consult with Erik - https://form.jotform.com/222685728939070 [https://form.jotform.com/222685728939070] 🌐 Want to buy a franchise? Connect with Erik here - https://forms.gle/n4JedEuU5p7asE617    [https://forms.gle/n4JedEuU5p7asE617] 🌐 Want to franchise your business? Connect with Erik here - https://www.youtube.com/redirect?event=video_description&redir_token=QUFFLUhqbm8xeWxRQmNZQWhXQmIxX0xDZW9kRnBJREd0UXxBQ3Jtc0tuSmdCVXdEbjhCVGhiV0VoNXZ2bHFkd2JhSmxwQ2hRQWo3cDBwZVBEV2ZGSk1IYmRGdmZBNmE2WmRJSXJrRTM4S1ItQW03V0t5NzMyUUJvRFlrbm5fdzlyeHI4VmVLeUFuY1JDZXBDSXRJcl90Y2R1TQ&q=https%3A%2F%2Fforms.gle%2Fn4JedEuU5p7asE617&v=rq_mv9t3ZSEhttps://forms.gle/n4JedEuU5p7asE617  [https://forms.gle/n4JedEuU5p7asE617] 🌐 Franchisees and franchisors find proven tactics and strategies to scale YOUR businesses - https://scalablefranchise.com/ [https://scalablefranchise.com/] 🌐 Franchise Springboard - https://franchisespringboard.com/ [https://franchisespringboard.com/]   Connect with Brigham Dallas: 🌐 Website - https://www.hellosugar.salon/ [https://www.hellosugar.salon/] 💼 LinkedIn - https://www.linkedin.com/in/brighamdallas/ [https://www.linkedin.com/in/brighamdallas/]   Connect with Erik Van Horn: 🌐 Website - https://franchisesecrets.com/ [https://franchisesecrets.com/]    📷 Instagram - https://www.instagram.com/erikvanhorn/ [https://www.instagram.com/erikvanhorn/]   👍 Facebook - https://www.facebook.com/erik.v.horn/ [https://www.facebook.com/erik.v.horn/]   💼 LinkedIn - https://www.linkedin.com/in/evanhorn/ [https://www.linkedin.com/in/evanhorn/]

What makes a successful franchisor stand out from the rest? It's not just about expanding quickly—it’s about building a brand that can scale and stand the test of time.  In this episode, Jeff Herr of Front Street Equity Partners returns to exchange views with Erik Van Horn. They discuss what sets great franchisors apart from the average ones, why strategic growth and brand consistency are crucial, how the most effective franchisors foster strong relationships with their franchisees, and the importance of establishing standards that can be consistently applied and scaled.  Whether you're a franchisor looking to expand or a franchisee considering joining a system, this episode offers valuable insights into building a business designed for growth. If you want to learn how to build a franchise that stands the test of time, tune in to find out the strategies you need to scale successfully.   “The best franchisors are the ones who are working on things so that the business can ramp faster than it did a year ago." ~ Jeff Herr   In This Episode: - Creating a compelling brand story - What sets great franchise founders apart - Strategic vs. rushed franchise growth - Building equity by compressing time - Making scalable strategies for franchise growth - Balancing innovation with franchise consistency - Hiring and delegating the right responsibilities - Protecting brand integrity and the need for enforcing brand standards - Franchisors supporting franchisees for long-term success   Resources:  🌐 Consult with Erik - https://form.jotform.com/222685728939070 [https://form.jotform.com/222685728939070] 🌐 Want to buy a franchise? Connect with Erik here - https://forms.gle/n4JedEuU5p7asE617    [https://forms.gle/n4JedEuU5p7asE617] 🌐 Want to franchise your business? Connect with Erik here - https://www.youtube.com/redirect?event=video_description&redir_token=QUFFLUhqbm8xeWxRQmNZQWhXQmIxX0xDZW9kRnBJREd0UXxBQ3Jtc0tuSmdCVXdEbjhCVGhiV0VoNXZ2bHFkd2JhSmxwQ2hRQWo3cDBwZVBEV2ZGSk1IYmRGdmZBNmE2WmRJSXJrRTM4S1ItQW03V0t5NzMyUUJvRFlrbm5fdzlyeHI4VmVLeUFuY1JDZXBDSXRJcl90Y2R1TQ&q=https%3A%2F%2Fforms.gle%2Fn4JedEuU5p7asE617&v=rq_mv9t3ZSEhttps://forms.gle/n4JedEuU5p7asE617  [https://forms.gle/n4JedEuU5p7asE617] 🌐 Franchisees and franchisors find proven tactics and strategies to scale YOUR businesses - https://scalablefranchise.com/ [https://scalablefranchise.com/] 🌐 Franchise Springboard - https://franchisespringboard.com/ [https://franchisespringboard.com/] 🌐 Master the Six Stages of Franchise Relationships for Success - https://www.youtube.com/watch?v=AGPvZZRorCw [https://www.youtube.com/watch?v=AGPvZZRorCw]   Connect with Jeff Herr: 🌐 Website - https://www.frontstreetep.com/ [https://www.frontstreetep.com/] 💼 LinkedIn - https://www.linkedin.com/in/jeff-herr-016703214/ [https://www.linkedin.com/in/jeff-herr-016703214/]   Connect with Erik Van Horn: 🌐 Website - https://franchisesecrets.com/ [https://franchisesecrets.com/]    📷 Instagram - https://www.instagram.com/erikvanhorn/ [https://www.instagram.com/erikvanhorn/]   👍 Facebook - https://www.facebook.com/erik.v.horn/ [https://www.facebook.com/erik.v.horn/]   💼 LinkedIn - https://www.linkedin.com/in/evanhorn/ [https://www.linkedin.com/in/evanhorn/]

If you think passive income means sitting back and letting the money roll in, think again! In this episode, we uncover the truth behind passive income and why it’s not as simple as it seems. Join Erik Van Horn as he talks to financial expert Russ Morgan about the realities of passive income. They delve into why most people’s expectations about passive income are misguided and discuss strategies to create genuine wealth without relying solely on traditional investment methods. Russ explains how to use tools like the Augusta Rule and shares insights from his experience helping clients build sustainable financial futures. Discover how entrepreneurs can build wealth without Wall Street and learn about the Passive Income Roadmap. Tune in now to hear why passive income is more than just a buzzword—it’s a strategy for long-term financial success! Join the passive income revolution today!   “What are we doing with our dollars? Is it getting us more of what we want or less of what we want? It's not an accumulation plan. The person who wins this game doesn't have ten million dollars in an account in the future. The person who wins this game has more passive income coming in than monthly expenses that they could never run out of. That is financial freedom." ~ Russ Morgan   In This Episode: - The value of hiring a coach - Is your CPA knowledgeable about The Augusta Rule? - Money mistakes and the obstacle to financial freedom - Becoming a good steward of your finances - Active vs. passive income and activating PIOS - Mistakes people commit as they start building passive income  - How the market's sugar rush impacts investors - The framework for building passive income  - Understanding your "investor buy box" for smart decisions -  Investing with the right people vs. just the right deal - Passive income ideas you can try   Resources:  🌐 Consult with Erik - https://form.jotform.com/222685728939070 [https://form.jotform.com/222685728939070] 🌐 Want to buy a franchise? Connect with Erik here - https://forms.gle/n4JedEuU5p7asE617    [https://forms.gle/n4JedEuU5p7asE617] 🌐 Want to franchise your business? Connect with Erik here - https://www.youtube.com/redirect?event=video_description&redir_token=QUFFLUhqbm8xeWxRQmNZQWhXQmIxX0xDZW9kRnBJREd0UXxBQ3Jtc0tuSmdCVXdEbjhCVGhiV0VoNXZ2bHFkd2JhSmxwQ2hRQWo3cDBwZVBEV2ZGSk1IYmRGdmZBNmE2WmRJSXJrRTM4S1ItQW03V0t5NzMyUUJvRFlrbm5fdzlyeHI4VmVLeUFuY1JDZXBDSXRJcl90Y2R1TQ&q=https%3A%2F%2Fforms.gle%2Fn4JedEuU5p7asE617&v=rq_mv9t3ZSEhttps://forms.gle/n4JedEuU5p7asE617  [https://forms.gle/n4JedEuU5p7asE617] 🌐 Franchisees and franchisors find proven tactics and strategies to scale YOUR businesses - https://scalablefranchise.com/ [https://scalablefranchise.com/] 🌐 Franchise Springboard - https://franchisespringboard.com/ [https://franchisespringboard.com/] 🌐 Grab Your Wealth Building Tools Here - http://wealthwithoutwallstreet.com/franchisesecrets [http://wealthwithoutwallstreet.com/franchisesecrets]  🌐 The Passive Income Roadmap - http://www.mypassiveincomeroadmap.com [http://www.mypassiveincomeroadmap.com]   Connect with Russ Morgan: 🌐 Website - https://www.wealthwithoutwallstreet.com/ [https://www.wealthwithoutwallstreet.com/] 💼 LinkedIn - https://www.linkedin.com/in/russ-morgan-72595519/ [https://www.linkedin.com/in/russ-morgan-72595519/]   Connect with Erik Van Horn: 🌐 Website - https://franchisesecrets.com/ [https://franchisesecrets.com/]    📷 Instagram - https://www.instagram.com/erikvanhorn/ [https://www.instagram.com/erikvanhorn/]   👍 Facebook - https://www.facebook.com/erik.v.horn/ [https://www.facebook.com/erik.v.horn/]   💼 LinkedIn - https://www.linkedin.com/in/evanhorn/ [https://www.linkedin.com/in/evanhorn/]