You Do Not Need Entrepreneurial Experience to Invest in a Franchise

ExecuNet’s entrepreneurial coach Pete Gilfillan is on a mission to bust the myths people have about franchise businesses. In this short video Pete explains why entrepreneurial experience is not needed to successfully invest in a franchise business.

Members of the ExecuNet Community have really been drawn to Pete’s franchise service during this time of the Great Resignation. So many have found this is a wonderful way to gain career (and lifestyle) independence and do something they find meaningful. There are over 3,000 franchise companies in 75 different industries, touching almost every aspect of our daily lives. The 800,000 franchise businesses in the US make a significant contribution to the country’s economy through sales and jobs for over 8.5 million people. There are even two basic business models: service-based, where the business comes to the customer and facility-based, where there is a store front and customers come in. Franchising is booming, and our community of executives have discovered it’s an ideal way to navigate the world we’re living in right now!

Listen to ExecuNet’s entrepreneurial coach Pete Gilfillan explain in less than three minutes how franchising is so much more than fast food and outline the two basic business models in greater detail.

Learn More About Franchise Ownership

William Flamme

William Flamme is ExecuNet's Associate Director of Content Marketing, where he develops engaging job search, career path, and leadership insight to build ExecuNet's brand recognition as the leader in senior-level executive job search and all matters career.

He delivers executive-level content across the various properties under the ExecuNet brand, amplifying the power of ExecuNet's expert voices and shaping the content strategy.

Prior to joining ExecuNet in 2008, Will earned a master's degree in education and taught fifth grade and sixth grade. As a teacher, he deepened his appreciation for the written word and mastered skills necessary for managing writers who sometimes view deadlines as homework. It is his training as an educator which allows Will to take complex ideas and make them simple for busy executives to understand and to execute.