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How To Be A Great Sweat Equity Partner

Today, Erik is joined by John Gilmore, a multi-unit, multi-brand franchisee.

 

John got his start with Cutco, where he honed his skills in sales and learned how to run a successful business.

John and Erik discuss how to get into a business using strategic partnerships--even if you have little or no money to put into the business. John talks about how he partnered with the pair's mutual friend, Justin Donald, and went from being a sweat equity partner to having a great exit and acquiring other businesses. 

 

This episode is super valuable for anyone who is an aspiring business owner--particularly those who would like to partner with an investor. 

 

Enjoy today's episode of Franchise Secrets!

 

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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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