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CATEGORIES: Business, Franchising
Much of our life experiences shape who we are and become filters to how we view the world and process new information. They help us understand ourselves and others better.
In this episode, Jeff Herr returns to chat with Erik about their big AHA moments, the challenges and adversities that helped shape them, their work ethics, and how everything translates into who they are today.
Erik and Jeff used to compete against each other while working in the tax business. Then, they became friends and business partners at Front Street Equity Partners.
They also discuss their mission, what attracts them to brands and founders, and two of the five pillars that guide their company. They cover the benefits of having a board of advisors, how it's different from your board of directors, and how important it is to build a dream team.
Whether you're a franchisor, franchisee, or looking into investing in a brand, you can gather many golden nuggets as you listen to today's episode of Franchise Secrets.
“When you're building a business, there's going to be giant ups and downs. And that's a good thing. Every time you get down and build it back up, you just become so much stronger.” - Jeff Herr
In This Episode:
- Erik and Jeff share some lightbulb moments–those powerful moments of inspiration that shaped their lives
- What Erik and Jeff look for in founders and brands (pain, grit, and grind are among the top criteria)
- What's the mission of Front Street Equity Partners?
- Why would you want to have a board of advisors? How are they different from your board of directors?
- How important is alignment when partnering with brands?
And more!
Resources:
- Learn more about Erik’s franchisee mastermind here - www.franchisetribe.com
- Learn more about Erik’s franchisor mastermind here - www.franchisortribe.com
- Learn more about Erik’s passive investing mastermind here - www.tribeofinvestors.com
- Want to buy a franchise? Connect with Erik here - https://forms.gle/n4JedEuU5p7asE617
- Want to franchise your business? Connect with Erik here - https://forms.gle/n4JedEuU5p7asE617
Connect with Jeff Herr:
- Website
Connect with Erik Van Horn:
- Website
- YouTube
- Medium
Erik Van Horn is a franchising specialist, and expert in multi-unit, semi-absentee franchise business ownership. From entrepreneur to regional developer, and investor to consultant, Erik has worn many hats over the last two decades, which has provided him unique insight into complex aspects of the industry. If you're a franchisee, a franchisor, or one aspiring to be, subscribe to the Franchise Secrets channel and visit www.FranchiseSecrets.com for even more tactical and practical tools to help you buy, grow, and sell franchises like an expert.
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