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Scaling success in franchising is a complex journey filled with its own set of challenges and opportunities. Entrepreneurs and franchise owners constantly seek effective strategies to expand their businesses while maintaining the essence of their brand. This week on Fordify LIVE!, we delve into the heart of franchising growth with Scott Abbott, whose expertise and experience in building Five Star Franchising into a thriving empire offers a wealth of knowledge for anyone looking to scale their franchise. Scott and Ford engage in a dynamic conversation that uncovers the pivotal aspects of franchising success. They explore the critical balance between aggressive growth and maintaining the quality that customers expect from your brand. Scott shares his perspective on the importance of fostering a positive and supportive environment for franchisees, highlighting how their success is intrinsically linked to the overall health of the franchise system. The episode also touches upon the innovative approaches to overcoming common hurdles in franchising. From the franchisee-first approach to the integration of technology in streamlining operations and enhancing customer service, Scott provides insights into the mechanisms that have propelled his brands forward. These strategies not only resonate with business owners and entrepreneurs but also serve as a blueprint for anyone in the franchising sector aiming to scale their operations effectively. Scott's journey emphasizes the significance of adapting to market changes and customer needs. His ability to pivot and embrace technological advancements underscores a crucial lesson for franchisors and franchisees alike: staying relevant and competitive requires a constant reevaluation of strategies and practices. Listeners will find value in the discussion about building a strong brand identity and how it plays a crucial role in scaling success in franchising. Scott's approach to brand development, focusing on consistency, customer satisfaction, and franchisee support, offers actionable insights for franchisors striving to enhance their market position. Ford and Scott discuss not just the successes but also the learning curves that come with scaling a franchising business. It's a testament to the idea that growth involves challenges, but overcoming these obstacles is what leads to meaningful and sustainable success. Watch the full interview on YouTube. This episode is packed with valuable takeaways for business owners, entrepreneurs, franchisees, and franchisors, offering guidance and inspiration for your own growth journey. Remember, Fordify LIVE! airs every Wednesday at 11AM Central on your favorite social platforms, with The Business Growth Show Podcast following every Thursday. Each week, we bring together industry leaders and experts to share their insights and stories, providing you with the knowledge and motivation to take your business to the next level. Don't miss out on this weekly dose of business growth wisdom. Tune in, and let's navigate the path to success together. About Scott Abbott: Scott, an entrepreneur from Utah, is celebrated for his remarkable ability to lead various companies from their nascent stages to successful exits. His most notable achievement includes co-founding Five Star Painting, which rapidly became one of America's largest painting franchise systems. Under Scott's leadership, Five Star Painting expanded to over 100 locations across four countries, eventually being acquired by The Dwyer Group, a globally respected service industry franchisor. During his tenure as CEO, Five Star Franchising garnered numerous accolades, highlighting the franchise's and Scott's business expertise. The company was recognized as the 15th fastest-growing company in Utah Valley by Utah Valley BusinessQ. Additionally, in 2013, Five Star Painting was ranked No. 7 among the top 50 franchise opportunities with 50-99 locations by Franchise Business Review, showcasing its strength and appeal in the franchising community. Scott's academic credentials are as impressive as his professional achievements, holding a Master of Business Administration from the Marriott School of Management at Brigham Young University and a bachelor's degree in management from the University of Manitoba. His entrepreneurial spirit and innovative approach to business have earned Scott personal accolades, including being named to the Utah Business Forty Under 40. He has also been recognized as Innovator of the Year and Entrepreneur of the Year in Canada, affirming his significant contributions to the business world. To dive deeper into Scott Abbott's insights and experiences, visit his blog at DScottAbbott.com Learn more about Five Star Franchising at FiveStarFranchising.com. About Ford Saeks Ford is a Business Growth Accelerator with an illustrious career spanning over two decades, during which he has masterminded the generation of over a billion dollars in sales worldwide for companies ranging from nimble startups to prestigious Fortune 500s. As the dynamic President and CEO of Prime Concepts Group, Inc., Ford's expertise lies in empowering businesses to captivate more loyal and repeat customers, bolster brand visibility, and foster a culture of innovation. Ford's entrepreneurial journey is marked by the successful founding of over ten companies, authorship of five influential books, securing of three U.S. patents, and the receipt of numerous industry accolades. His extensive knowledge and innovative strategies extend to AI prompt engineering, positioning him as a thought leader in leveraging AI technologies like ChatGPT to enhance business operations, marketing & sales strategies, and overall customer experience. Ford's pioneering work in AI and business growth strategies was recently highlighted at the “Unleash AI for Business Summit,” where he elucidated on the transformative potential of ChatGPT for businesses across various sectors. Ford Saeks is not just a strategist; he's a visionary dedicated to guiding businesses through the complexities of modern-day marketing and growth challenges. For more insights from Ford Saeks, explore ProfitRichResults.com and catch his insights in action on his TV show at Fordify.tv.
In this episode of the Local Marketing Lab, Ben Fox, the President of ProNexis and head of Customer Experience at Five Star Franchising shares his expertise on the power of localized content and creative in driving local business growth. With experience in sales, marketing, and customer experience across multiple industries, Ben offers a fresh perspective on how businesses can differentiate themselves and outperform their competitors in today's digital landscape.Here are some topics discussed in the episode around localized content and creative:Strategies for creating authentic, value-driven content that positions your business as a trusted resourceThe role of social media and community groups in building local brand awarenessSharing behind-the-scenes processes and expertise with your audienceThe importance of customer experience in complementing marketing effortsTracking and optimizing localized content and creative through A/B testing and data analysisResourcesConnect with Ben Fox on LinkedIn.Learn more about ProNexis.Learn more about Five Star Franchising.Learn more about Five Star Marketing Service.Watch a webinar about the recent FCC changes for lead gen.Other shout-outsRehrig Pacific — supply chain solution that Ben previously worked at.Scott Abbott — founder of ProNexis.Spaulding Decon — a biohazard cleanup company with amazing lead generation content.Blue Bell ice cream and Tillamook.Check out Five Star Franchising's brands: Bio-One, Bath Solutions, Gotcha Covered, Mosquito Shield, 1-800 Packouts and 1-800 Textiles.
In this episode of Investors & Operators, Jordan sits down with Scott Abbott, CEO of Five Star Franchising. After launching 20 companies, selling 11, and expanding Five Star Franchising from 50 to 800 locations in less than 3 years, Scott has become an expert in all aspects of franchising. In this episode, Scott joins Jordan to discuss the different dynamics of achieving business success while also balancing their roles as CEO and father. Together, they discuss:Emotions from Selling Five Star PaintingPros & Cons of Working with PETypes of Franchise Fees...and so much more.Top TakeawaysWho am I now? After selling Five Star Painting, Scott struggled to find his purpose outside of being a founder and CEO. “Who am I now? What's my purpose? Why am I here?”. He shares how this transition period can be very challenging to navigate after putting your heart and soul into something, highlighting the importance of finding your purpose and identity outside your professional roles and titles.No advice allowed. Instead of dictating advice and solutions to your peers, encourage open dialogue where individuals can freely share their experience and insights. Scott emphasizes the importance of peer-to-peer coaching and experience sharing. When providing a collaborative environment, people can make informed decisions tailored to their unique circumstances that works best for them. Empowering your employees. Scott's commitment to empowerment extends beyond Five Star's mission statement and business success; it's ingrained in his everyday life. By prioritizing empowerment within his organization and family, Scott is able to not only achieve financial success, but can also foster personal growth and fulfillment for him, his children, and his franchise partners.
A Canadian invention that sold for $80,000,000 to Hasbro in 1993. Now it is a worldwide sensation. Come on, you've played it. Dave Young: ... welcome to The Empire Builders Podcast, teaching business owners the not-so-secret techniques that took famous businesses from mom-and-pop to major brands. Stephen Semple is a marketing consultant, story collector, and storyteller. I'm Stephen's sidekick and business partner, Dave Young. Before we get into today's episode, a word from our sponsor, which is... Well, it's us. But we're highlighting ads we've written and produced for our clients, so here's one of those. [AirVantage HVAC Ad] Dave Young: Welcome to The Empire Builders Podcast. I'm Dave Young, and Stephen Semple is alongside, and we're talking about empires, empires that got built up by people that started businesses with an idea and a dream. And Stephen just whispered today's topic into my head, and... Through these headphones, and I'm blown away because the topic is Trivial Pursuit, and he told me that it was a Canadian company that started Trivial Pursuit. Instantly, I have a million questions, like did they just steal U.S. state secrets to make all these questions? Stephen Semple: I wish I had the recording on earlier when you were like, "They're a Canadian company?" Dave Young: You Canadians are smart. Nothing gets past you. Stephen Semple: We've done... God, what number are we at? We're 130 or 140, and you've never reacted with that level of surprise. I was like, "Damn. I wish I had that recorded." Dave Young: I mean, you stop and think about it, it kind of makes sense. Up in the frozen north, you've got to spend a lot of time on board games. Stephen Semple: There you go. Dave Young: When it's too cold to snowboard. Stephen Semple: That's it. That's it. It's never too cold to snowboard, that's the only problem. So it was created by fellow Canadians, yes, Chris Haney and Scott Abbott in 1981, and in 2008, Hasbro bought the full rights for $80 million. As of the most recent data I could get was, 2014, they had broke through 100 million games sold, in 17 languages. 1993, it was named the at the Games Hall of Fame, and basically it's sold over two billion copies worldwide. Dave Young: Amazing. I haven't played it in years. It's still around though, right? I mean, you still... Stephen Semple: Oh, yeah. And there's lots of different versions now. Dave Young: Well, I remember clearly the original version, whatever that was called. It was just called Trivial Pursuit- Stephen Semple: That's right. Yes. Dave Young: That's what it was. Stephen Semple: Yeah. Dave Young: And it had enough questions that you could play it a bunch of times before you really needed to buy an expansion pack kind of thing. Stephen Semple: Yes. Dave Young: That was what was fun. But I think I played it so much with friends, and classmates, workmates eventually, that nobody would play against me on that original version. Stephen Semple: Right, 'cause [inaudible 00:04:08] Dave Young: Then you get in, like, "Oh, the sports version. Nah, I'm no good at that." I might remember the name Gordie Howe. Actually, that explains that it was a Canadian company, 'cause there were a lot of hockey stars in a lot of the question answers. Stephen Semple: Yeah, yeah, absolutely. So the origin goes back to 1970, it took them a while to get it going. So it's the '70s, and the market's dominated by games for kids, there's no adult games out there. And Chris Hanley's a photojournalist, super creative guy. Scott Abbott's a sportswriter- Dave Young: Yeah. Stephen Semple: That might be part of the sports part to it. Dave Young: Probably Gordie Howe's cousin? Stephen Semple: There you go. And so one night they're going to play Scrabble, and it's missing some tiles, and they decide instead to do trivia.
On this week's episode of Start With a Win, Adam welcomes guest, Scott Abbott, CEO and co-founder of Five Star Franchising. The episode provides a glimpse into Scott's mindset and leadership philosophy, offering valuable business tips for franchisees and entrepreneurs as he shares his entrepreneurial journey. As the episode unfolds, Scott discusses the origins of Five Star Franchising and its growth trajectory, touching on challenges faced during the recession and strategic decisions leading to successful exits. Scott covers the current landscape of franchising, addressing challenges like labor shortages and the increasing cost of customer acquisition. He emphasizes the importance of thinking big and tackling challenging tasks early in the day for personal growth. With an engaging mix of personal anecdotes, industry insights, and practical advice, Start With a Win aims to inspire its audience to approach challenges with resilience and a winning mindset.Scott, a highly accomplished entrepreneur, serves as the CEO and Co-Founder of Five Star Franchising, overseeing a diverse portfolio with over 900 franchisees, including ProNexis and notable service brands. His leadership extends beyond Five Star Franchising, with successful exits from ventures like Five Star Painting and Joe Home Buyer.In addition to his role in franchising, Scott actively invests in SaaS/fintech and engages in land development. Holding an MBA from Brigham Young University and a bachelor's degree from the University of Manitoba, Scott's entrepreneurial prowess has garnered him recognition, including the Utah Business Forty Under 40 and prestigious awards like Innovator of the Year and Entrepreneur of the Year.Under Scott's guidance, Five Star Franchising earned accolades, ranking 15th in Utah Valley's fastest-growing companies and securing 7th place among the top 50 franchise opportunities for 2013 by Franchise Business Review. Beyond his professional achievements, Scott is a dedicated family man who enjoys soccer, snowboarding, and global exploration with his wife and five children.00:00 Intro02:05 The missing ingredient to success!05:05 What is so much in business?06:25 What can knock you off your horse?09:06 Lifestyle or go Big?13:24 Franchising is the answer to…16:22 Franchisor looks for?19:12 Best Business tip & Profound Statement!22:03 Can you embrace the uncomfortable?Scott's Podcast: Home Services Summit⚡️FREE RESOURCE:
Scott Abbott, CEO of Five Star Franchising, provides valuable insights into the home services market and the reasons behind its rapid growth. Considering a franchise - tune in to learn about the home serve sector.9 takeaways Scott shares on this Close TheDeal.Com Podcast (Your First Franchise special edition): Best restaurant in Salt Lake City to close the dealEntrepreneurial journey started at 16, building a successful fishing tackle distribution business - flipping burgers at McDonald's exposed him to franchising, planting the seeds of successWhat the home services market looks like and the vast opportunitiesLearn why customer service is vital in the home services industryAn overview of Five Star's franchise brandsWhy ProNexus is a game changer - how they support their franchiseesHow Five Star Franchising's unique approach aims to help franchise owners double their business every two years.The power of focus and a shared buying group contribute to franchisee successAre you an ideal candidate for Five Star Franchising? Tune in...##Visit www.CloseTheDeal.com to see all episodes.
Stefan Figley is President of 1-800-PACKOUTS. Since 2013, 1-800-Packouts has been shaping the contents restoration industry. Their story begins with a desire to create a consistent and professional process across the nation in the personal property space. Their greatest strength is their people, from the corporate team to their franchise owners. 1-800-Packouts employs some of the most experienced professional in contents restoration. They offer unparalleled professionalism, quality of work, and efficiency during all parts of the process. Stefan Figley, their President is a Global Strategic Marketing and Operations Executive, a Growth Driver and Results Oriented Leader bringing strategic vision, focused on key metrics that drive increased EBITDA performance. Stefan leads organizational change, enhancing brand strength through innovative marketing solutions and products, stimulating dynamic marketing performance and multimillion-dollar revenue growth. He is a business leader, a team builder, and a motivational leader who encourages his teams to realize the big picture impact of building market share growth for the organization. Stefan is a holistic thinker who delivers results. A tennis All-American and tour professional, he developed a keen ability early on, to handle high-pressure situations and manage for success.
Welcome to another episode of Deeper Than Dough the podcast where we dive into the intricacies of life, business, and mental health. In this episode, your host Bennett sits down with Scott Abbott, CEO of Five Star Franchising, to explore the multifaceted world of entrepreneurship. Join us as we discuss the joy and fulfillment found in bringing value to others, the fascinating concept of franchising, and the ups and downs of the entrepreneurial journey, including failures and successes. Scott shares valuable insights on the impact of exits and financial success, along with the importance of balancing mental health while navigating the challenges of entrepreneurship. In this casual and engaging conversation, we challenge perspectives on mental health and uncover the secrets to finding fulfillment in both business and life. Tune in, lean back, and get ready for a thought-provoking discussion that goes 'Deeper Than Dough. Listen here Apple Podcast: https://podcasts.apple.com/us/podcast/deeper-than-dough/id1649198163?uo=4 Spotify: https://open.spotify.com/show/3Hx5NxAhVSiYgjZtlEqshv
We all have somewhere we want to end up in life, but often, the path isn't easy. The difference between those who make it and those who don't are the people who pick themselves back up time and time again. A company builder, best-selling author, and business + executive coach, Scott Abbott shares the story of how he “got his shit together” after moving across the country to Los Angeles. Scott paints a picture of how he took control of his life and climbed up from rock bottom. He details how he went from the lowest point in his life to building companies through perseverance and a little bit of luck. Throughout this episode, you'll learn how the phrase “Get your shit together” shifted Scott's perspective on life. You'll also learn how to make changes in your everyday life by taking the initiative in making your goals a reality and how to swallow your pride and accept help in the face of adversity. In this episode, you'll learn: The ABC pillars of success: architect, builder, and custodian How to pick yourself up from rock bottom The true power of a “thank you”
Step into the world of franchise marketing with an engaging conversation between Madeleine Zook and Scott Abbott, the CEO of Five Star Franchising. Five Star Franchising is a holding company of various franchised brands. Five Star Franchising provides franchisors and franchisees with the resources necessary to exponentially expand their businesses. Abbott passionately discusses the transformation of the home services industry and how his platform is elevating customer experiences through a five-star promise. With a commitment to purpose and a cohesive team, he envisions a billion-dollar enterprise where franchisees flourish, innovation thrives, and the industry as a whole is uplifted. Join the discussion and discover how leadership, collaboration, and passion are driving the success of Five Star Franchising and its mission to redefine excellence in-home services.
This week we're concluding There's a Musician in this month and having a soft into to Spooky adjacent with the 2002 film Queen of the Damned. Directed by Michael Rymer from a screenplay by Scott Abbott and Michael Petroni, based on the 1988 novel of the same name by Anne Rice, it is a loose sequel to Interview with the Vampire and follows the vampire Lestat who becomes a rock star whose music wakes up the equally beautiful and monstrous queen of all vampires. The film stars Stuart Townsend, Aaliyah (in her final film role), Marguerite Moreau, Vincent Pérez, and Lena Olin. Come join us!! Website : http://tortelliniatnoon.com/ Instagram: https://www.instagram.com/tortelliniatnoonpodcast/ Facebook: https://www.facebook.com/TortelliniAtNoon Twitter: https://twitter.com/PastaMoviePod
In this game-changing episode, we dive deep into the world of resilient leadership and the transformative power of a solid business operating system. We sat down with the remarkable Scott Abbott, an expert in future business operating systems and an exceptional resilient leader in his own right. Together, we explore his secrets behind building prosperous, high-growth businesses that withstand challenges and emerge stronger than ever. Imagine a world where leaders embrace their role as custodians, nurturing their organizations into resilient powerhouses. Scott unveils the key principles of this revolutionary approach, empowering you to become an exceptional custodian and resilient leader. We delve into the four cornerstones of trust: authenticity, empathy, logic, and perseverance, as well as the key roles of grace and grit, vital qualities for weathering storms and thriving in an ever-changing business landscape. Discover the importance of resilience and how it differs from antifragility, and gain insights on how to adapt to change and harness the full potential of a solid business operating system. Moreover, we tackle the elusive concept of work-life balance, exploring its paradoxes in a world of virtual and hybrid work environments. Scott shares strategies to find the right equilibrium, enabling you to lead with confidence and clarity. Prepare to be inspired, challenged, and empowered as we unravel the incredible journey of being a custodian and resilient leader, and how integral they are in a forward-thinking business operating system. This conversation is a must-listen for anyone seeking to unlock their full potential and create lasting success. A few highlights: [00:01:40] Resilience not enough, aim to be antifragile. [00:08:47] Remote work shifts, coaching replaces managers. [00:15:25] Summary: Business operating system organizes everything effectively. [00:18:39] Leadership is about being a steward. [00:21:55] Grace, grit, and four cornerstones of trust. [00:26:16] A good business system equals freedom. [00:33:27] "Four cornerstones: trust, empathy, logic, perseverance." [00:37:05] New vocab needed for work-life balance. [00:41:41] Teach both hard and soft skills better. [00:44:50] Half-life in politics, business, religion, healthcare. Coaching caution. [00:48:19] Positive pragmatist worried about unoptimized companies. [00:54:19] Passion for operating systems can change everything. [00:58:06] Discipline equals freedom in business success. Who is Scott Abbott? Scott Abbott is an architect, builder, and custodian of prosperous (and resilient) companies, leadership, and growth. He has 30+ years of credentialed experience and expertise in launching, operating, buying, and selling successful businesses. Along the way, he's raised over $35M+ in venture capital, and led teams that generate billions in sales, service thousands of clients, and hired hundreds of employees. He is a finalist for the Ernst & Young Entrepreneur of the Year Award, an Entrepreneur in Residence at Indiana University, Inc. 5000 Winner, and the author of 3 books, including The Co+Factor, and the best-selling and award-winning, Level-UP to Professional. For the record, Scott likes to emphasize that he's also learned a lot through many failures, and setbacks, and by making a truckload of mistakes. As for his professions, and passions: he has the joy and privilege of being a Founder & CEO, Business + Executive Coach, Angel Investor, and Board Member. Most of all, Scott loves helping good and caring people - along with team-centric organizations - effectively learn, implement, and leverage the best strategies, mechanics, and principles for exceptional leadership, management, teamwork and accountability: in business, work & life.
SCOTT ABBOTT heads up an amazing team at the Sacramento Running Association that organizes the California International Marathon. The CIM takes place the first Sunday in December and has been doing so successfully for 39 years. And this year is set to break all records with over 10,000 runners to toe the start line in Folsom, California. Scott is a decorated runner himself and has made that world his career. Sacramento is fortunate to have someone like Scott at the helm. You will love today's conversation covering a lot of fun topics!HOST STEVE BUZZARD on Scott | "Scott is a tremendous leader and is the catalyst for the running community in Sacramento. He has found a way to bring the running world together on all levels.. And then on top of that ... he is in charge of the CIM. One word. Impressive!" Our conversation hits TWO areas: SEGMENT 1 ★ | is devoted to the 39th running of the California International Marathon. Scott also gives us some insight on the history and the details behind this amazing marathon featured in Sacramento.SEGMENT 2 ★ | focuses on Scott's work with the Sacramento Running Association. We then find out the personal side of Scott. His upbringing. How he found the love for running. Dr. Pepper. And Fantasy Baseball!Our Connection | Scott and I go way back. We met at St. Michael's where we taught together. As Scott became a part of the Sacramento Running Association, he invited me to call races. That started with my first CIM Finish Line assignment in 2015. It's been a great run! And fun fact ... I was the DJ for Scott and his wife Katie's wedding!The video version of this episode is ALSO AVAILABLE on YOUTUBE. Check it out and be sure to SUBSCRIBE (this will allow you to get notified of ALL new ETB episodes as they are released) -- ETB with Scott AbbottENJOY THE TALKING STORY!
Scott Abbott, the Executive Director at Sacramento Running Association and the Race Director for CIM 2022 sat down with us to talk details about his career as a runner through high school and college, his transition to coaching and his eventual role as the race director of the world-renowned California International Marathon, coming up this year on December 4th!9000 marathoners and 1000 relay teams participated in the 2021 California International Marathon, and they ran a fast Boston qualifying course from Folsom to Sacramento. This massive road race has runners from all walks of life. Many are chasing personal goals, Boston qualifiers and the iconic finisher's medal. This race has a fantastic organization behind it to truly cater to all levels of participants. Trail runners have also embraced this race as a traditional end-of-year event, whether to run it, volunteer at it or join the various pace groups. Check it out!California International Marathon (runsra.org)https://www.instagram.com/runcim262/https://www.instagram.com/sacramentorunningassociation/https://www.facebook.com/california.international.marathon/https://www.facebook.com/sacramento.running.association/---Our sponsors:The Mile 99 Interview | LinktreeYour Hosts: Jessica Harris / Greg Larkin / Mike TurnerThe Mile 99 Interview is creating podcast episodes | PatreonVenmo | The Mile 99 InterviewIntro/outro music: Joseph McDade - Elevation: https://josephmcdade.com/music/elevationSupport the show
Retired Col. Scott Abbott and Professor at SWIC Shawn Rakers join Tom and Carol talking about Cannabis classes being offered at Southwestern Illinois College.
This week, in Part IV of our Fall Marathon Race Series, we welcomed Scott Abbott, Executive Director of the Sacramento Running Association which is the machine behind the California International Marathon (CIM), one of the nation's premier running events, a known OTQ and BQ qualifier, and one of the world's largest marathons. Scott, who has over 20 years of experience working in the running industry, shares his insider tips on CIM and why this marathon is so special. He even convinced us to head out to Sacramento in 2023! We are so grateful for Scott's insight and hope this episode helps those heading out to Sacramento on December 4, 2022! Scott's Contact Information: Website CIM Facebook CIM Instagram Scott's Instagram Interested in private coaching for your next race? Contact us at julieandlisa@runfartherandfaster.com. Follow us on Instagram, Facebook, and Twitter @runfartherandfaster and check out our website (www.runfartherandfaster.com). Thanks for listening! --- Send in a voice message: https://anchor.fm/runfartherandfaster/message
Today, Erik is joined by a friend and successful entrepreneur, Scott Abbott. Scott has grown and exited many businesses in and out of franchising so he knows a thing or two about how to scale correctly. The guys get into the nitty-gritty of what it looks like to take a business from zero to hero while setting yourself up for a great exit. Topics discussed in this episode: -How to know if you've been bought out by a good PE partner as a franchisee -What is the right partner vs. the wrong partner when it comes to private equity? -What's it like to have a franchisee-first mentality as a franchisor? -The most valuable companies don't actually need you -As a founder, don't let your identity get tied into the business -and Much More! Enjoy today's episode! Did you know you can listen to the Franchise Secrets Podcast on your favorite platforms? Spotify: https://open.spotify.com/show/4BpskQS... Apple Podcasts: https://podcasts.apple.com/us/podcast... Learn more about my franchisee mastermind here: www.franchisetribe.com ⬅ Learn more about my franchisor mastermind here: www.franchisortribe.com ⬅ Learn more about my passive investing mastermind here: www.tribeofinvestors.com ⬅ Want to buy a franchise? Connect with me here: https://forms.gle/n4JedEuU5p7asE617 ⬅ Want to franchise your business? Connect with me here: https://forms.gle/n4JedEuU5p7asE617 ⬅ Don't forget to subscribe to the Franchise Secrets Youtube channel so you don't miss out on any content! http://www.youtube.com/channel/UCGL_D...... Add Erik as a friend on Facebook: https://www.facebook.com/erik.v.horn/ Follow Erik on Instagram: https://www.instagram.com/erikvanhorn/ Connect with Erik on Linkedin: https://www.linkedin.com/in/evanhorn/ 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.
On this week's podcast, Bob talks with Scott Abbott from the Colorado Springs Parks, Recreation and Cultural Services Department about the growing issue of people illegally building trails on public lands. This is an issue not only on city lands, but also in El Paso County, and the Pike National Forest. Please consider becoming a patron of this podcast! Visit: https://www.patreon.com/hikingbob for more information Hiking Bob website: www.HikingBob.com Wild Westendorf website: www.Wildwestendorf.com Where to listen, download and subscribe to this podcast: https://pod.link/outdoorswithhikingbob
Eulerity Presents The Darwinian Times: Survival Of The Nimblest
What makes a great leader? It's the way they inspire, advise, and rally for others. We asked top industry leaders to tell us about their brand, what makes a remarkable leader, and what's in store for 2022. This episode includes: Angela Paules, Chief Marketing Officer, Buzz Franchise Brands, Scott Abbott, CEO and Co-Founder, Five Star Franchising Laura Coe, CEO and Co-Founder, Snapology Chris Hadley, VP of Franchising, Byrider Tony Zaccario, President and CEO, Stretch Zone Tiffany Dodson, Chief Experience Officer, The Salt Suite Frank Milner, President, Tutor Doctor Tim Vogel, Founder and CEO, Scenthound
Welcome to the first episode of The Diamond Dogs Podcast where Jason and Beth chat about the pilot episode of Ted Lasso and the leadership lessons found within. Topics include when do you need to be a subject matter expert to lead, the importance of the little things in leadership, and that tea is horrible brown water. We also chat with our guest Scott Abbott, Leadership Coach and Consultant about his love of the show and why leadership matters. Follow along on Instagram @diamonddogspodcast for more!
I was recently a guest on the fun and inspirational Moments To Momentum podcast with Scott Abbott. In his signature style, Scott asked me a series of questions, balancing frivolity with deeper business insights. We talked about how I got started in technology, Oreos and whiskey, and a few other interesting facts about my life. After that, we moved on to more serious topics. One we discussed at length was how to recognize and not trivialize the pain and suffering of others. And once you recognize that pain exists, how you can appropriately adjust your approach to people whether in business, life or parenting. The other was “the day I fell in love with sales”.It was a really fun conversation and I hope you enjoy listening as much as I enjoyed being Scott's guest.A Sample of the Questions Scott Asked Me:Who is Mike Kelly? What's your background? How did you get started in technology? What are you doing now?What is DeveloperTown and FullStack?Any celebrity crushes? If you were a teacher, what would you teach?What is your favorite: cookie, snack, beverage and meal? If you had a yacht, what would your yacht be named?Can you share with us one of your most meaningful, defining and noteworthy situations - you know, a specific experience, time, relationship, or event - that has made a significant impact on your life, so far? What happened, why was it so meaningful, what did you learn, how did it benefit you, and what advice or recommendations can you share?About Moments To Momentum with Scott Abbott"Moments to Momentum, with Scott Abbott" is a fun, informative and inspirational podcast - featuring impactful conversations, with successful leaders from a wide-spectrum of demographics and vocations - that share their most meaningful situations, stories and events (i.e. “moments”), that they have experienced. Furthermore, how those big moments produced "momentum," that helps them succeed in their profession, and life. By having leaders share their most significant experiences - along with the lessons and advice learned - listeners gain their own “moments to momentum," as they enjoy and benefit from our guests' personal experiences, insights and recommendations.An important element of the podcast - is identifying and discussing what Scott calls, the "bio-mechanics" to productivity, happiness and success. In other words, using the podcast to understand and appreciate, the components and connection between the biological elements (i.e. the mind, heart, body, soul, psychology and sociology), with the mechanical elements (i.e. the strategy, tactics, systems, structure, tools, science and engineering), that it takes to effectively determine, develop, maintain and optimize consistent productivity, happiness and success: in business, work and life.momentstomomentum.comLinkedInInstagramTwitter
I am happy to report, that Stephanie Neale and Bryan Neale (yes, they are a married dynamic duo!), are my guests' on this weeks episode of my podcast, Moments to Momentum, with Scott Abbott. Bryan is the founder and Stephanie is the CEO of Blind Zebra, an elite sales and client success coaching company located in Indianapolis. Blind Zebra training is built on Bryan's simple yet powerful "Think-Do-Say" foundation, and is available primarily through BZ's Coaching Communities, group training programs designed around three pillars: relevant and modern coaching for sales and Customer Success (CS) teams, the accountability of professional peer groups and connection with like-minded individuals in a shared discipline. Blind Zebra offers Coaching Communities for high-performing or high-potential salespeople and customer success professionals, as well as VP-level peer groups for sales and CS leaders in a subscription model, much like a traditional SaaS company. In addition to being an NFL referee and nationally known keynote speaker, you may recognize Bryan's voice from his side-gig as co-host of The Advanced Selling Podcast, the longest-running sales podcast in history. In this super fun, exciting and wide ranging episode, Stephanie and Bryan talk about how they first met, The Price is Right, their first jobs out of college, starting the IU Dance Marathon, the story behind Blind Zebra, refereeing in the NFL, and a few professional and personal moments that impacted their lives. Learn more about Blind Zebra Connect with Byran Connect with Stephanie Bryan on The Price is Right Sponsors: Talevation Ninety.io Straticos Buy your copy of Level-UP To Professional: Second Edition
Chris Stone is today's guest host as he and Scott Abbott discuss the fledgling cannabis industry and Barry Friedman announces acts just scheduled for late August's Old Capitol Blues and BBQ Festival. See omnystudio.com/listener for privacy information.
Today Ete sits down with Scott Abbott, founder of Five Star Painting and founder/CEO of Pronexis.Scott Abbott is a pretty big get for our little show. He's a prolific entrepreneur with some extremely impressive credentials. And considering all that he's involved with, he's got to be one busy guy. Luckily we had some back channel connections and Scott was gracious enough to spend some time with Ete. So here we are starting off Season 3 with Scott Abbott. Enjoy the episode!About this episode:What sets Scott apart?His many, very impressive entrepreneurial endeavors and successes. Here are a few highlights:Entrepreneur of the Year at the University of Manitoba and Innovator of the Year for Manitoba. (12:12)Started Five Star Painting and eventually had 150 franchise locations in 5 countries. (1:02)Started Pronexis, the top lead development & growth platform in the home service industry (36:23)Has owned multiple businesses in the past and currently owns 7 businesses, sits on the boards of 6 companies, and advises funds.What helped him get there? His Dad tossing a phone book at him. (7:17)Having confidence, even when it's “unfounded.” (17:28)Not fearing failure. (18:05)Loving the job. Never waking up and not wanting to go to work. (46:35)Support. Finding his tribe at Entrepreneur's Organization. (48:22)Doing the hard things. (52:23)Memorable Learning Experiences (Mistakes) and Hard Things Along The WayOnline fishing tournaments and bankruptcy (btw, it wasn't his fault) (11:12)Taking a Suit Job (13:52)Five Star Christmas Trees: success and the one mistake (42:46)His first employee firing (47:10)Major InsightsDo your market research. (19:56)Fill the holes with the right people. (25:34)It's always hard. As you succeed, what's hard changes. (25:59)Things are sometimes "fragile" and out of your control. (29:31)Sometimes the risks are not greater than the rewards. (30:04)Dissatisfaction can be good. (33:02)Success = Adding Value (34:02)“Excellence is only discovered in focusing yourself.” Don't be the CEO of Everything. Don't chase all the "Oh, Shinies." (43:54)People get into entrepreneurship for different reasons. Know your reason. (54:14)Invest in yourself. (55:20)Miscellaneous Good StuffGrowing up in Winter Peg: Colder Than Mars (for real) (1:56)Wim Hoffing it (4:28)He's basically Survivorman (59:07)From nosebleeds to holding Bono (1:01:17)
Stories from Franchisees & Founders Scott is a respected entrepreneur from Utah that has led several companies from their growth stage to exit. Most notably, Scott co-founded Five Star Painting, one of America's largest painting franchise systems, taking it to over 100 locations in four countries. Now, Scott is the CEO of ProNexis, leading that company to become a fully integrated business solution for service based businesses. In terms of finding the next evolution for your business, Scott advises, “Every time there's a shift in human behavior, there's a massive opportunity that exists for those of us in the game, whatever game that is. For us, we just kept iterating on how to expand the business by feeding what works and starving what doesn't.” Scott walks us through his entrepreneurial journey, then his franchising one. Along the way, he shares valuable lessons and necessary risks that ultimately takes him to the next level of success. Tune in now and find out how Scott was able to effectively launch a franchise brand and built it to create real value for his customers. What we talk about: Talking about EO - Entrepreneurs Organization Scott's background and how he got into franchising “When you're a new entrant into a business, you need to do something different.” - Scott Abbott “When you create value, you needed, at some point, sell that value.” - Scott Abbott The willingness to take risk How Scott got to the decision of selling the Five Star Painting The elements in every business Being involved in IFA About Pronexis Creating the world's best customer service solutions Building something that creates value What we mention: Five Star Painting Pronexis Entrepreneurs Organization IFA - International Franchise Association
Have you ever sat down at night and wondered, "Where did my day go? I feel like I didn't get anything done." We've all been there. Thankfully, there are some very simple hacks you can apply to your life that will allow you to stay laser focused and get more accomplished. Episode 39 of The ROI Podcast will explain these hacks so you can start getting more done. ---- Do you have a question? Looking to get help on a business decision? Know a great guest for our show? Email roipod@iupui.edu so we can help your organization make better business decisions. ---- Ready to take your next step? Check out if a Kelley MBA is right for you: https://bit.ly/3m2G6D5 ---- Show Notes: (ROI Podcast Music) Shane: Welcome back! We are recording episode 39 of The ROI Podcast which is presented by the Indiana University Kelley School of Business – coming to you from downtown Indianapolis on the beautiful IUPUI campus. I am your host, Shane Simmons. And today, we're bringing you an episode about productivity – and the 5 productivity hacks you can start implementing today so you can rock your life and business. And throughout this episode, we're going to share productivity hacks from some of the greatest entrepreneurs out there, including Elon Musk and others. And we'll even hear from one of our Kelley School alumni, Scott Abbott, on how he's able to get more done and face those tasks we all dread tackling. So let's start with Scott – who says – you've got to start writing your tasks down, which will help you hold yourself accountable. Scott: Let's take all that stuff that keeps you up at night and deal with it, move it on, do something with it so you can get it out of your life and business. Then you need to go execute! This doesn't automate you, you still got to go back to work and follow through. It's so much easier now because you've documented it, agreed as a team that this is how you're going to get rid of it, and now you hold yourself and everyone else accountable for getting it done - you can't hide! I believe you can do that with yourself in your own life as well by assuming and thinking you've got a board of directors, even though it's just you in your house. Write things down, check off your list, make sure you're getting these issues out of your life – by the way, issues can be also be good, just like how the word “argument” socratically is not necessarily bad because it helps people get through some of the sensitivity of things and get to what needs to be done. So that's the whole point, get it out there, debate it, solve it, and move on. Shane: So there's productivity hack number one: create a list of tasks that need to be completed. Start tackling those tasks and marking them off, and when you can, solve the assignments you are least excited about because once those are off your plate, you can create momentum and relieve the burden of keeping those tasks lingering around. Its ultimate those tasks we continue to procrastinate on that weigh on us the most – but by clearing those and tasking massive action – you can free yourself from that feeling. Here's productivity hack number two from Scott: Scott: you need a system – one that's proven, that's clear and has results. You put both of those things in your life, the generations come together, the business does better, and the individual lives a tip-top life. Shane: So hack number two is to have a system in place. You can't just be blind and firing at the hip – you need to have an actionable plan together, looking at the big picture, and then breaking that down into small, actionable steps to accomplish the task at hand. And this is what the greats do. They don't get overly stressed out because they look at the big picture, then break that down into daily and even hourly tasks. For example, we interviewed Laura Vanderkam a few months back. Now Laura is the author of many books, including 168 hours – which is a magnificent read on time management. And Laura suggests breaking your days downtown a spreadsheet so you can set specific times to accomplish tasks. Take a listen: Laura: I use a spreadsheet to track my time. It's just excel, nothing fancy. It's got half hours blocks on the left side and the days of the week across the top and so it's 336 cells to represent 168 hours. And I just fill it in as I go. I wake up, I write what time I wake up, and a couple times a day write what I've done since the last time I've checked in. And it doesn't have to be perfect, I can say stuff like “work” or “hang-out with kids” or “drive somewhere” or “eat dinner” – whatever it is. Shane: So for Laura – she's breaking that time down into 30 minute increments, keeping track of her tasks, and ultimately this gives her a view of where she's spending her time and maybe where she could begin dedicating some of her tasks. So time management is super important here. Take Elon Musk as an example. He's the CEO of two companies who've taken the world by storm – both in Tesla and Space X. According to Elon, he works between 85-90 hours a week between the two companies. And he takes it a step further: breaking his days down into 5 minute increments. And our final productivity tip is one that too many of us need to work on and that's handling email – and how not to let it bog you down. Here's Laura Vanderkam on how to get around this: Laura: Email expands to fill the available space. And so the only way to spend less time on email is to choose to spend less time on email. There's no one “hack” that's going to make your inbox be under control. It's absolutely a decision you must make to decide how much time you are willing to allocate to this. So as much as possible, designate a few times throughout the day to check email. Even if you have to check very frequently, you're better off checking say for 15 minutes once an hour as opposed to checking constantly on and off through a day. So 45 minutes off and 15 minutes on would be a way you can do it. If you can go longer that's great. You could be off for 90 minutes, you could be off for two hours, awesome. Shane: So as we close this productivity version of The ROI Podcast – consider what we've heard from guests on the show: Create a list of tasks you need to accomplish, put a system in place to accomplish these tasks you've setout to do. Create a time audit and schedule particular time slots for certain tasks and DEDICATE your time to those time slots. And finally, don't let email be a distraction. Set specific times to opening and sending emails, and if you stick to those times, you'll notice a jump in how much you can do! (The ROI Podcast Music) Shane: So that is our productivity hack episode of The ROI Podcast. We want to thank Scott Abbott for being on the show and giving us some insight. And of course, Laura Vanderkam sharing her interview from a few months ago and how she's tackling productivity. And of course we are going to come at you with more of these types of episodes in the future, but for next week we are going to pick back up on our CEO series where we are diving in to see how the best CEOs are able to grow their companies and thrive in life. So, be sure to stay tuned for that. Don't forget to subscribe to The ROI Podcast and leave us a review on iTunes. Other than that, we will be here next week with another episode for you all.