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Building Million-Dollar Franchises: Adam Goldman's Expert Advice

2025-01-03

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Guest Bio

Adam Goldman is a renowned franchise coach and consultant, recognized for his exceptional ability to guide individuals through the franchise journey. Adam has spent two decades as a business investor and franchise consultant, founding successful companies across two continents including an IT business in Poland and a multimillion-dollar Vanguard cleaning area development concept in Houston. He is particularly celebrated for his knack in matching people with the perfect franchise opportunities, transforming hundreds of lives through business ownership. Adam shares valuable insights and strategies from his extensive experience in franchising, empowering aspiring franchisees with practical advice to succeed in their entrepreneurial ventures.

Key Lessons From Episode

  • The key to success in franchising lies in following the established model diligently.
  • Setting aside deep work time weekly is crucial for strategic thinking and working on the business rather than just in it.
  • Transitioning to coaching requires leveraging personal business experience to make impactful differences in clients' lives.
  • Timestamps

    [00:01:18] Guest Introduction – Phil introduces guest Adam Goldman and his background.

    [00:02:29] Adam's Journey – Adam discusses his path from corporate America to entrepreneurship.

    [00:03:59] Venture to Poland – Adam talks about starting his IT business in Poland.

    [00:05:32] Business Sale Insights – Adam shares his experience selling businesses in Poland and Texas.

    [00:07:13] Transition to Franchising – Adam explains how he discovered franchising in Texas.

    [00:10:45] Master Franchisor Experience – Adam describes his experience as a master franchisor.

    [00:12:06] Transition to Coaching – Adam discusses the shift from franchising to franchise coaching.

    [00:14:17] Investing in Self – Adam shares his personal development and self-investment journey.

    [00:19:50] Strategic Planning – Adam emphasizes the importance of working on the business.

    [00:25:26] Future Vision – Adam shares his vision for the next ten years in his career.

    [00:27:42] Book Insights – Adam talks about his book, "The Franchisee Lifestyle," and common traits of successful franchisees.

    [00:28:41] Advice to Younger Self – Adam shares advice he would give to his ten-year-old self.

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