Podcast
Franchise Masters
Hosted by Dru Carpenito · EN
Imagine having access to people who have used franchising to create more freedom and opportunity in their lives. Now, imagine talking to them in an honest and raw way, learning their secrets to success. That’s what the Franchise Masters podcast delivers.
Whether you’re a first-time business owner who’s curious whether or not there’s a franchise out there that’s the right fit. Or, maybe you’re a current franchise owner looking to scale your franchise to next the next level. In either case, you’re going to get actionable insights from real people using franchising to create something special.
For instance, you’re going hear stories about first-time business owners who left the corporate world to build franchise empires.
You’ll also hear from first movers in emerging brands who have experienced tremendous success.
On top of that, seasoned entrepreneurs who have scaled businesses that will blow your mind will share their story.
You can also get the scoop from the founders of leading franchise brands and see how they’ve built (and are building) their franchise system.
Leading franchise attorneys, funding specialists, accountants, and other advisors who play a key role in finding success are also interviewed on Franchise Masters.
Experts pull back the curtain on everything franchising – how to buy the right franchise, how to research the top emerging franchises in the country, how to fund franchises, how to scale and grow franchises, how to sell franchises (as in cash out), how to franchise a business, and more.
Guests address common franchising myths and preconceived notions that deter most people from jumping into this venture. Arm yourself with genuine and factual business advice to scratch your entrepreneurial itch.
Host Dru Carpenito is a franchise expert who takes you on various journeys throughout this industry. Dru discovered his knack for franchising straight out of school when he accidentally fell in love with franchising. During his first real job out of college, Dru helped a young emerging franchise grow across the country where he learned everything about franchising. From there, he went on to work for an international education franchise, which he helped expand to 14 different countries.
After a good run on the corporate side of franchising, Dru walked away to pursue his true passion – helping aspiring entrepreneurs navigate the franchise journey by finding the right franchise to get into.
Join Dru in this journey and tap into your entrepreneurial spirit. Listen to Franchise Masters today at https://drucarpenito.com/.
10episodes
Episodes
Newest firstAll episodes
From CPA, To M&A, To ETA, To A Senior Care Franchise: Tyler Seman’s Story
Jun 1700:40:30Tap to summarizeTyler Seman shares how he transitioned from the world of finance and private equity-backed consolidator to building a mission-driven senior care business. Joining Dru Carpenito, he looks back on how this path took him through Entrepreneurship through Acquisition (ETA) before ultimately launching a Hallmark Homecare franchise. Tyler also gets candid about why he chose the senior care space, what surprised him most in his first year, and how he navigates the ramp-up phase as a first-time franchise owner.
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The Wild Ride Of A 9-Unit Crumbl Franchise Owner With Shideler Bennett
Jan 21, 202500:46:30Tap to summarizeIn this episode of Franchise Masters, Dru Carpenito chats with a dynamic entrepreneur who owns and operates nine Crumbl franchise locations. Get ready for a deep dive into the rollercoaster journey of scaling a high-growth, fast-paced franchise in the booming cookie industry. Shideler Bennett shares behind-the-scenes stories about the challenges of rapid expansion, from managing supply chain disruptions to building strong teams across multiple locations. You'll hear about the systems and processes that were pivotal to handling such rapid growth.
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Lessons From Scaling A $30M+ Home Service Business And Exiting To A Roll-Up Buyer With Ron Weatherly
Jan 7, 202500:44:27Tap to summarizeWhat does it take to scale a $30M+ home service business? Ron Weatherly shares his journey and lessons learned from scaling his foundation repair and crawlspace encapsulation company and exiting to a private-equity-backed company rolling up operators. This candid conversation delves into the strategies, challenges, and key decisions that fueled Ron’s growth and success. From navigating the complexities of scaling operations to assembling a winning team and leveraging systems like EOS, this episode offers a behind-the-scenes look at what it took.
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How To Save A Ton Of Money And Improve Your Back-Office Operations By Outsourcing It To Offshore Talent
May 7, 202400:42:02Tap to summarizeConnor Groce is a multi-brand, multi-unit franchisee in his twenties running a multimillion-dollar operation and gives us the goods on how he saves $100K+ per year by outsourcing his back office to offshore talent (e.g. HR, AR/AP, bookkeeping, marketing, etc.) We get into why he believes it’s more effective to do it this way (besides saving a ton of money). Connor walks us through his systems, software he uses, checks and balances, etc. Lots of insights in this episode.
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Scaling A Home Service Franchise Into An Eight Figure Business With Caleb Brunz
Apr 29, 202400:37:34Tap to summarizeThe dream of franchise ownership is freedom and financial success. But how do you turn a single home service franchise location into an eight-figure powerhouse? It takes strategic planning, operational excellence, and leveraging the power of the franchise system. In this episode, Caleb Brunz shares his story and journey of scaling his Paul Davis Restoration franchise into a monster business. Caleb opens the kimono on what it took to achieve this scale – including his leadership strategy, people development philosophy, and more. He also gives a glimpse into his future expansion plans via a unique joint venture strategy with the corporate office. Join Caleb to learn from his experience and adopt his best practices to accelerate your growth in your franchise journey.
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Legal Perspective For Franchise Buyers And Emerging Franchisors: Insight From A Franchise Attorney With Adam Wasch
Apr 9, 202400:42:50Tap to summarizeAdam Wasch, Founding Partner of The Franchise Firm, shares insights any emerging franchise company and franchise buyer should hear. Adam has extensive experience advising franchisors and new franchisees on the legal ins and outs to be aware of. He covers a lot in this episode.
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How To Develop High-Performing Franchise Owners With Tim Morris
Apr 2, 202400:34:51Tap to summarizeOne of the surprising elements of a successful franchise system is the power of the franchisee community. In this episode, Tim Morris shares secrets about tapping into the collective mindshare of franchisees to develop high-performing franchise owners. Tim has spent many years helping franchise brands grow throughout the world. He’s an expert in franchising and a skillful facilitator. Tim offers so many insights in this episode. So, don’t try to miss this opportunity!
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A Multi-Unit Dogtopia Franchise Owner Who Owns The Real Estate With Ryan Muhlbauer
Mar 25, 202400:33:14Tap to summarizeRyan Muhlbauer got into the pet boom before it was booming. He opened his first Dogtopia in 2017 and has since grown to a second location. Interestingly, he owns the real estate on his second Dogtopia location. Ryan talks with us about how he pulled off owning the dirt and why owning the real estate is an important part of his scaling strategy. He also shares secrets he’s used to scale his multi-unit operation including how implementing EOS was a game-changer.
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Big Money In Franchising: A Deep Dive Into Private Equity In Franchising
Mar 12, 202400:50:13Tap to summarizeAlicia Miller, an author, joins the podcast to walk us through insights about private equity in franchising (at both the franchisor and franchisee level). Alicia has analyzed private equity’s extensive involvement in franchising and offers a candid under-the-hood perspective that hasn’t been very public before. Alicia has deep ties within the private equity and franchising world. She’s also just released a book that covers this very topic called “Big Money in Franchising: Scaling Your Enterprise in the Era of Private Equity.” This episode is packed with nuggets and takeaways anyone involved in (or considering getting involved in) franchising can benefit from.
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Behind The Scenes With A Franchisee In Their First Six Months In Business (Who Has Plans To Scale)
Mar 4, 202400:52:59Tap to summarizeCole Simpson launched his Mighty Dog Roofing franchise and started cranking from day one. His company and team signed close to $1M in revenue during his first three months and planned to do $3M this year (his company’s first full calendar year in business). In the long term, Cole sees a path to build a $10M business. And he’s only five months into his business! We talked through how he’s scaled so fast, lessons learned (it hasn’t been easy), taking calculated risks, the power of building a strong network of peers, ETA vs opening a de novo franchise, and his favorite tweets (including an encounter with the FBI. He didn’t do anything wrong). So, join us in this episode, and you will grab some golden nuggets today!
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