Episode 2: Elite Entrepreneurs Season 2 | 7 Figure Journey Podcast
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In this episode of the Seven Figure Journey podcast, host Brett Gilliland chats with Erik VanHorn, co-founder of Front Street Equity Partners, who shares his extensive experience in franchising. Erik delves into his journey from being a franchisee to becoming a franchisor and strategic advisor, emphasizing the importance of strategic growth, the right hires, and the dynamics of expanding business through franchises. He candidly discusses the challenges of managing multiple franchise brands, the lessons learned from business expansions, and the critical importance of selecting the right team members to drive success. The podcast offers valuable insights for entrepreneurs looking to scale their operations and navigate the complexities of franchise management.
About Erik Vanhorn:
Erik VanHorn is a seasoned entrepreneur and an expert in the franchising industry. With a background that spans over two decades, Erik has grown from a franchisee to a franchisor, and now a strategic advisor through his company, Front Street Equity Partners. His expertise lies in helping franchisors and franchisees maximize their potential through strategic advice, capital investment, and sales support. Erik’s journey began when he chose entrepreneurship over law school, starting his first franchise in his early 20s. Over the years, he has been involved in launching and developing multiple franchise brands, experiencing numerous successful exits that showcase his knack for building profitable enterprises. His passion for franchising is matched by his commitment to mentorship, evident in his active role in various masterminds and his influential franchise-focused podcast, “Franchise Secrets.” At Front Street Equity Partners, Erik continues to make a significant impact, guiding new and existing franchises towards substantial growth and operational excellence.
About Front Street Equity Partners
Front Street Equity Partners is a dynamic firm that specializes in providing strategic advisory services and capital investment to franchisors and emerging franchise brands. Co-founded by Erik VanHorn, the company leverages its deep expertise in the franchising industry to support business growth and operational scalability. Front Street Equity Partners operates with a unique approach, offering outsourced sales solutions and targeted strategic advice designed to enhance the performance of franchises at various stages of their development.
The firm is deeply involved in the franchising community, working closely with franchisors to refine their business models, enhance franchisee recruitment, and optimize overall brand performance. By combining hands-on experience with a strategic focus, Front Street Equity Partners helps its clients achieve remarkable growth and profitability. With a commitment to fostering long-term relationships, the company not only advises but also often partners with franchises, investing in their success and providing the tools needed for substantial and sustainable growth.
Elite Entrepreneurs Podcast
If you’re one of the 3-5% of entrepreneurs that’s grown their business to seven figures in revenue, congratulations! You are an ELITE entrepreneur. Few people can say they’ve accomplished what you have. I’m sure that success hasn’t stopped you from wondering: What’s the next step?
Getting from six to seven figures is a commendable and extremely difficult feat, but it’s not smooth sailing after you clear the $1 million mark. If you’re like a lot of entrepreneurs, you’re probably encountering a host of new problems you’ve never fought through before. Leadership changes, vision changes, and you might find yourself wearing ten hats in a given day. That climb up to $10 million seems insurmountable, right?
Welcome Brett Gilliland, your host of the Elite Entrepreneurs podcast. Brett Gilliland is Founder and CEO of Elite Entrepreneurs, a company that specializes in giving $1M+ business owners the knowledge, processes and tools to grow to $10M and beyond. Brett is an expert in organization development, leadership and strategy and spent 10 years helping Infusionsoft grow from $7M in revenue to over $100M. Brett was involved in the foundational work of Purpose, Values and Mission at Infusionsoft and facilitated the strategic planning process for many years.
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