In this episode, we are joined by Kim Daly, a top franchise consultant and international best-selling co-author. With 20 years of experience, she helps people realize their dreams of business ownership through franchising. Kim is also a creator of “The Daly Plan” coaching program and founder of KimDaly.tv. Passionate about fitness and nutrition, she lives on the beach in southern New Hampshire with her family.
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[00:01 - 07:19] Unlocking Wealth Through Franchise Investing
Franchise investing as an alternative investment option for building wealth
How franchisors pay franchise consultants to help individuals find the right businesses
Benefits of franchise ownership, including ready-made systems for success and a collaborative approach
The journey of franchise expert Kim Daley and what franchises are all about
[07:20 - 14:22] The Advantages of Franchise Ownership
The opportunity to learn from others and perfect the business model through franchising
The benefits of buying into a franchise with ready-made tools and systems
How franchise fees provide access to training, saving time and money
The importance of working with a good franchisor who has already figured out important aspects of the business
[14:23 - 20:59] Tips for Real Estate Investors on How to Prepare for a Loss
Guidance and insight from a franchising expert for those interested in franchising
How the process takes 1-2 months and helps guide people in finding the right business
Coaching individuals through fear and providing options based on their vision for their life
Importance of finding the right fit when it comes to franchises
[21:00 - 32:58] Resilient Industries and the Power of a Positive Mindset in Franchising
The importance of staying open to options and the franchising process
The resilience of beauty brands and other industries during difficult times
Franchise expert Kim Daley's superpower: a positive mindset and goal-setting abilities
The benefits of failure as opportunities to learn and improve oneself
Connect with Kim:
Social Media: LinkedIn, Facebook
“When you're looking at a franchise investment, you're really looking at peoplein a franchise, it's so collaborative.“ - Kim Daly
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