In this episode, we are joined by Kim Daly, a top franchise consultant and international best-selling co-author. With 20 years of experience, she helps people realize their dreams of business ownership through franchising. Kim is also a creator of “The Daly Plan” coaching program and founder of KimDaly.tv. Passionate about fitness and nutrition, she lives on the beach in southern New Hampshire with her family.

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[00:01 - 07:19] Unlocking Wealth Through Franchise Investing

• Franchise investing as an alternative investment option for building wealth
• How franchisors pay franchise consultants to help individuals find the right businesses
• Benefits of franchise ownership, including ready-made systems for success and a collaborative approach
• The journey of franchise expert Kim Daley and what franchises are all about

[07:20 - 14:22] The Advantages of Franchise Ownership

• The opportunity to learn from others and perfect the business model through franchising
• The benefits of buying into a franchise with ready-made tools and systems
• How franchise fees provide access to training, saving time and money
• The importance of working with a good franchisor who has already figured out important aspects of the business

[14:23 - 20:59] Tips for Real Estate Investors on How to Prepare for a Loss

• Guidance and insight from a franchising expert for those interested in franchising
• How the process takes 1-2 months and helps guide people in finding the right business
• Coaching individuals through fear and providing options based on their vision for their life
• Importance of finding the right fit when it comes to franchises

[21:00 - 32:58] Resilient Industries and the Power of a Positive Mindset in Franchising

• The importance of staying open to options and the franchising process
• The resilience of beauty brands and other industries during difficult times
• Franchise expert Kim Daley's superpower: a positive mindset and goal-setting abilities
• The benefits of failure as opportunities to learn and improve oneself

Connect with Kim:

Website: http://www.thedalycoach.com

Social Media: LinkedIn, Facebook

Quotes:

“When you're looking at a franchise investment, you're really looking at peoplein a franchise, it's so collaborative.“ - Kim Daly

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Real Estate Runway Podcast is all about alternative business and investment strategies to help you amplify life, and maximize wealth! Click here to find out more about the host, Chad Sutton.