Franchise Masters - podcast cover

Franchise Masters

Dru Carpenitowww.drucarpenito.com

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/.

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Episodes

How To Run A Multi-Unit Franchise By Working Only 15 Hours Each Week With Amy And Jesse Hudson

A special treat is stored in us in this episode because the dynamic duo who are successful franchise owners will grace us with wisdom today. From teaching high school students Spanish to building and running a successful multi-unit operation, Amy and Jesse Hudson share their journey about building a successful business with their Exercise Coach franchises. This husband and wife duo takes us behind the scenes about managing their growing business while only working 15 hours weekly. Amy and Jesse ...

Nov 07, 202243 minEp. 18

How To Scale A Franchise To 30 Units Using A Roll-Up Strategy With Brian Beers

The best way to grow and franchise your brand is to use the roll-up strategy. You roll everything up, acquire new locations by making deals, and you plug-and-play. You're combining smaller companies in the same industry under one roof. You're cutting down on costs and increasing revenues. That's the beauty of franchising, it's just plug-and-play. Join Dru Carpenito as he talks to the President of Prenlyn Automotive Group and the host of Business with Beers , Brian Beers . Discover how Brian and ...

Nov 01, 202239 minEp. 17

The Inside Track About How To Scale Multiple Franchises Into Category Leaders With Chris Kenny

Chris Kenny, the CEO of Level 5 Capital Partners, takes us inside his world of creating some of the most well-built franchise brands in the industry, including Restore Hyper Wellness, Big Blue Swim School, Heyday Skincare, KidStrong, and Level 5’s newest brand, GoDog. You’ll hear Chris explain how a relentless focus on the unit model can transcend a brand into greatness, along with other nuggets of wisdom. Chris also takes us on a deep dive through his entrepreneurial journey in franchising from...

Oct 26, 202233 minEp. 16

How To Become A High-Performing Franchisor And Franchise Owner With The Myth, The Man, The Legend, Erik Van Horn

Want to know how you can take your franchise business to the next level and become a high-performing franchisor and franchise owner? Here to help you find out is serial franchise entrepreneur Erik Van Horn . Erik is the Co-founder of Front Street Equity Partners and podcast host of Franchise Secrets . From owning six different emerging franchises across eight states to founding a franchisor to advising emerging franchises, Erik has seen and done just about everything you can do in franchising. I...

Oct 24, 202252 minEp. 15

Sky Zone: How To Invest In An Emerging Franchise In An Emerging Niche With Multi-Unit Owner Alan Wilson

From technology to trampoline parks…Alan Wilson shares his journey about getting in early with Sky Zone and how he now owns multiple units. When Alan Wilson decided to stop climbing the corporate ladder and start building his own business, the franchise he found was in its early days. Not only that, the entire trampoline park niche was in its early days. Landlords didn't understand the business. Banks were wary. But, Alan had two things that pushed him through the obstacles: passion and persever...

Oct 11, 202243 minSeason 1Ep. 14

How To Buy An Existing Franchise

From banking executive to successful multi-brand franchise owner, Tony Cortina walks us through how he made the transition from the corporate world into full-time entrepreneurship by purchasing multiple existing franchise sales. Tony started his entrepreneurial journey by acquiring a Cleaning Authority franchise. A few years later he acquired sixteen SuperCuts franchises that the corporation was selling. From how Tony analyzes deals to what he’s done to improve the performance of the franchises ...

Oct 07, 202238 minEp. 13

How One Franchise Owner Used A Home-Based Franchise To Build A Wildly Successful Family Business That Her Daughters Now Run

One of the biggest myths people tend to have about franchises is the more expensive the business costs, the more money you can make. Diane Wilson, a successful franchise owner with Tutor Doctor, joins Dru Carpenito to explain why that’s the not the case. Diane shares her journey in franchising and how she’s built her Tutor Doctor franchise in a small rural town in northern Ontario into a thriving business she’s passed down to her daughters. Diane shares many valuable nuggets in her journey inclu...

Sep 21, 202253 minEp. 12

Hear The Inside Story About What It’s Like to Grow An Emerging Franchise In The Home Improvement Space

If you’ve ever wondered why the home improvement category is such an attractive space, listen in. Turp Ricketts , Vice President of Franchise Development, shares the inside story about how HorsePower Brands is rapidly expanding home improvement franchises in specific niches within the massive home improvement sector. Turp dives into HorsePower’s strategy and the unique pieces of the business they’ve put together to help franchise owners with critical fundamentals such as hiring great employees, ...

Sep 20, 202252 minEp. 11

Talking With The Wolf Of Franchises About How People Are Using Multi-Unit Franchising To Build True Wealth

The Wolf of Franchises dropped in to talk about all things franchising with a deep dive on multi-unit franchising and how some franchise owners have used this strategy to create true wealth. The Wolf is an up-and-coming figure in franchising and has built a name for himself by sharing fascinating stories on different franchise brands, interviewing successful multi-unit franchise owners, and putting out refreshingly transparent content. This is one you don’t want to miss....

Aug 04, 20221 hr 2 minEp. 10

From Rubbing Shoulders With The Elite To Building A Successful Restoration And Environmental Services Franchise, Lyle Nearby Shares His Journey

What makes a business successful? Are your core values aligned with it? In this episode, Lyle Nearby shares his journey about leaping from working for one of the most recognized brands in luxury to mold remediation, water damage cleanup, and air duct cleaning when he opened his first AdvantaClean franchise. He talks us through a critical change in his business that has enabled him to scale it so it’s not dependent on him to operate successfully. He also walks us through how he has dovetailed his...

Aug 01, 202247 minEp. 9

How Two Entrepreneurs Are Disrupting The Laundromat Industry With Their New Franchise LaundroLab With Alex Smereczniak And Dan D'Aquisto

Alex Smereczniak and Dan D'Aquisto , co-founders of LaundroLab , share their secrets to how they are disrupting the laundromat industry with a tech-enabled business model and expanding it via franchising. They discuss why the laundromat industry is ripe for disruption and how they’ve been able to bring on some big hitters as the first franchise owners. Dan and Alex are seasoned laundrapreneurs. Their first laundry business is a brand called 2ULaundry (think the Uber of laundry pickup and deliver...

Jul 30, 202239 minSeason 1Ep. 8

How To Build A Multi-Unit Franchise Empire And Sell It To Private Equity: Dwayne Duprey Shares His Journey As An Early Orangetheory Franchise Owner

Dwayne Duprey and his wife Karen were early franchisees and area developers with Orangetheory Fitness . Dwayne shares their journey of building a successful multi-unit franchise empire and exiting private equity. Dwayne covers everything - from how they structured their organization and hired and developed their employees to how they prepare their business to sell. He also shares his insight into the next franchise they bought - Restore Hyper Wellness....

Jul 28, 202234 minSeason 1Ep. 7

What It's Like To Lead One Of The Fastest Growing Franchises In The Country With Lou DeFrancisco

Ever wondered what it’s like to run one of the fastest-growing franchises in the country? Lou DeFrancisco talks us through his journey leading StretchLab ’s growth from infancy to over 700 studios in development. He also takes a deep dive into multi-unit franchise ownership and how StretchLab found success setting their franchise owners up to take advantage of opening multiple locations. Lou also demystifies “fitness franchises” and shares some from-the-trenches insight about owning and operatin...

Jul 26, 20221 hr 8 minSeason 1Ep. 6

How To Fund A Franchise With Shirley Kefgen

Having funding is a critical factor in starting any business. So, how do you fund a franchise? Here to help you out is Shirley Kefgen , Director of Business Development at FranFund and one of the top franchise funding consultants in the country. In this episode, she walks us through the various ways to fund a franchise. From how to use funds in a 401(k) without having to pay taxes or early withdrawal fees to loans through the SBA, Shirley covers it all and takes through the pros and cons of each...

Jul 19, 202241 minEp. 5

How To Run A Multi-Unit Franchise Semi-Absentee With Steve Hitzemann, Multi-Unit StretchLab Franchise Owner

Running a multi-unit semi-absentee franchise is what a lot of people dream to do. Meet Steve Hitzemann , one of the early franchisees with StretchLab , along with his wife Stacey. Join Dru Carpenito as he talks to Steve Hitzemann about building a successful multi-unit business. Learn the secrets to running the franchise semi-absentee (and keeping his job). Discover how they decided to invest in StretchLab when it had zero franchises open. And find out how to conquer unforeseen obstacles and his ...

May 31, 202246 minSeason 1Ep. 4

Scaling a National Bookkeeping and Tax Company by Giving Franchise Owners Actionable Insight Into Their Financials

Here to share the secret to scaling his national bookkeeping and tax company is Ryland Beard , the Founder of Ledge . He sits down with host Dru Carpenito to share his entrepreneurial journey in building Ledge into a national firm managing the books and taxes of franchisees with some of the top brands in the country. Ryland has amassed massive success at such a young and today, he shares how he scaled and grew an emerging brand simply through word-of-mouth marketing and outstanding service. It a...

May 24, 202252 minSeason 1Ep. 3

Early Childhood Education And Real Estate: How One Emerging Franchisor Is Taking Advantage Of Both

Childhood education and real estate aren’t the usual combinations in a business conversation, but Drew McWilliams found a unique way to incorporate the two. Real estate covers a vast scope, from home rentals to senior living and even educational spaces. In our first episode, Dru Carpenito is joined by Drew McWilliams, the Founder of IvyBrook Academy and Franchise Realty Partners . Drew shares his and his wife’s journey in building IvyBrook, the Nations #1 Half Day Pre-School, into a national com...

May 10, 202239 minSeason 1Ep. 1
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