Franchise is not a business | Vusi Thembekwayo

[@DigitalDezinesCEO]

Every reason he described is the reason why most people SHOULD become franchise owners! While its not necessarily passive or easy, its not as difficult as starting a business from scratch. You're provided with a blueprint and you follow it. Owning a franchise isn't about being creative or about having a brain child. They give you what you need and you have to stick with their plan. That is what some of us want. If done correctly, you will make good money.

[@stealthgenetix1754]

Yup. It taught me all the nuances I would have missed. This is so true

[@augustinemuza5816]

I can sit here whole day and learn.

[@dr.saidsaid]

True. Even Network Marketers think they are business owners.

[@surveytestmoney2550]

✔️💯🎯🤣😂😄😅Yup‼️Perfect example‼️🤣

[@thembakhoza3767]

Yeah Man.Simplicity you simplify everything king.thats why listening to you is so awesome 🎉

[@phumelelasaliwa]

Being honest I'm fine if it's not my business or I am not a entrepreneur. As long as it is an asset and I don't have to run it. I'm good. Honestly the goal is to get rich not be a businessman. But I totally understand what he's saying and I agree with it. You can't call yourself a entrepreneur if you haven't done any sweat.

[@phamthieu3503]

Franchise is a type of investment 😊

[@dj.conkey802]

VT is gold!👊🏾😎

[@rcmurphy5986]

he dropped the truth so fast and so succinctly! 😮

[@surveytestmoney2550]

✔️👉🏿A man who *truly* understands the assignment‼️💯🎯

[@markkagarura2391]

"It teaches you buiness but does not a business person make" It took companies thay were running and fueled a faster growth for those companies

[@surveytestmoney2550]

Right. They basically gave them the illusion of being true business owners when in fact franchisees are nothing more than viral fast food marketers.

[@LouisFrancoisArt]

No fancy words, just basic conversation

[@Joe_Joe22]

Early morning brain reset✅

[@lxnjomana4688]

Damn from 28% to 41%

[@ChristianKhitsane]

True!

[@phumelelasaliwa]

Mr rich dad and poor dad doesn't like cryptocurrency. Mr bezel loves it. People have preferences for a good reason so that they won't be walking around like a headless chicken. Just do what works for you even if it's one or two.

[@Jazy-g5y]

A great man.

[@vusipeter]

VT, I want to expand my business, more like expand the business all over the country, I'm getting a lot of demand in a lot of major cities, how do I go about this?

[@kimnanda2204]

All true

[@thewestiswasted5216]

Wowwwww,👏 👏 👏

[@Kelem-wb7kn]

An Entrepreneur can add the ownership of a franchise to their portfolio, but a solo franchisee/owner/operator is not an Entrepreneur

[@G11713]

Nice. He seems to know, MMT, in his reference to building capacity (talent pool).

[@sollydeaguiar2221]

This is a paradox...! I have a friend who owns OVER 200 franchises times about 14 employees per store... that's almost 3000 people with work! That's 3000 people with work!

[@Consatia]

Problem is the franchers can take it back

[@isoboy1000]

True but but it still a borrowed concept, if that brand goes down what happens to him? the system will be taken away he will be left with 200 stores that need a system to be built from scratch to get it running. how long do you think its going to take him to build the system that will run 200 outlets?

[@sollydeaguiar2221]

As any punter would tell you... be sure which horse you're backing! He's been with Famous Brands for over 30 years... when he talks (franchisee) they (Franchisor) listen AND vice versa. He has a very diversified portfolio profile of stores... Steers, Debonairs, Fishaways, Milky Lane, Wimpy etc... etc...! In actual fact his even gone as far as having built a significant shareholding in the Franchisor themselves... besides running two of their 3 call centres for online orders AND a huge fleet of delivery vehicles! Personally I think he's almost bulletproof... BUT COVID was something else, a debate for another day! Thanks for your comments and response... Solly De Aguiar.

[@sollydeaguiar2221]

@@Consatia Please see comments below... hope it helps! Kindest regards Solly De Aguiar.

[@sollydeaguiar2221]

@@Consatia No honest Franchisor will TAKE back a franchise UNLESS the franchisee has dishonoured the agreement OR alternatively acted in bad faith! If YOU sign up for BAD agreement... surely YOU didn't do your due diligence. FASA WILL BAN AND BLACKLIST ANY FRANCHISOR WHO ACT'S UNDERHANDEDLY.... PERIOD!°

[@michaelh7638]

Why try to change the formular when it clearly works

[@phoebemailwane7949]

😂😂😂😂😂😂😂😂😂😂

[@KR-jg7gc]

u have zero comprehension skill

[@michaelh7638]

@KR-jg7gc I understand what he's saying. I'm just saying, if someone gives an easier route and you make a button load of money out of it. Way not take it.

[@sergiusamxander4615]

Definitely bro,ur miney but their terms. Thats for multi M business ppl who wanna invest in something ppl already love and has a place on the marke

[@codrin1862]

That makes sense

[@paradigmedutv2016]

What does this man fo for a living? I need to know his business! Thanks

[@vusipeter]

He invests in scaling businesses

[@TriBandah]

This is a bit narrow... it doesnt make you a business founder, but you sure as hell are a business person running a franchise.

[@tomare6479]

Founders also behave differently

[@theBizNurse]

My business school

[@idesel]

Damn..

[@Jurisdixion]

100%

[@Devinsheridan97]

Yeag I own a lawncare franchise and it’s like no my business. You can grow and it makes money but end of day isn’t yours just lending the name BRa

[@mbulelongcobo2321]

VT

[@argo27]

He is absolutely right. Franchises also DESTROYS the quality of food

[@sollydeaguiar2221]

McDonald's doesn't have a hundred thousand....100,000 stores by mistake, Burger King plus 30,000 stores, KFC also plus 30,000 stores WORLDWIDE! Let's NOT even mention Coca-Cola OR PepsiCo... they have hundreds IF NOT thousands of licenced bottlers around the world! In actual fact they're the safe default choice when I'm travelling through a town or location that I'm unfamiliar with... the brand operates to a standard... KFC in Cape Town is the same as KFC in Gauteng... this IS the case with any mainstream FFF(Fast Food Franchise) worthy of the brand cache THEY OWN AND SHOULD project! Hope this makes some sense?

[@BimpeAjibola]

So literally babies on steroids 😊