Ever wondered what you'd do with a billion dollars? The dream's not far-fetched, and Garrett Gunderson is here to explain why. In this riveting conversation, he flips the script on the age-old narrative of working tirelessly and saving every penny to build wealth. Instead, he unveils a paradigm shift centered on expanding wealth and accelerating its growth.

Join Over 5,500 Franchisees and Franchisors in our FREE Private Facebook Community HERE: https://www.facebook.com/groups/franchisesecretsfb?_rdc=1&_rdr

Garrett's journey from traditional thinking to revolutionary wealth-building strategies is eye-opening. He urges entrepreneurs and business owners to focus on increasing income, strategically minimizing taxes and expenses, and making wise investments. But that's just the beginning.

Diving deep into the financial ocean, Garrett reveals the power of aligning financial decisions with personal values and life aspirations. Forget mundane budget cuts; it's all about maximizing wealth and living life to the fullest.

And it's not just about numbers and spreadsheets. Garrett emphasizes the significance of family, experiences, and nurturing relationships.

By the end of this conversation, you'll be rethinking your approach to wealth. It's not merely about amassing riches; it's about leaving a meaningful legacy and making a profound impact on the world.

Get ready to rewrite your financial destiny with Garrett Gunderson's game-changing insights.

“I'm just designing life the way that I want to do it. I believe in a smaller number of goods in my basket but a bigger cash flow from that basket. That's really my philosophy.” - Garrett Gunderson

In This Episode:

- Shifting from working hard to expanding wealth

- The real game of wealth is in adding value

- Changing perspectives from hustling to true wealth creation

- Entrepreneurs as investors

- Spending meaningful time with people who matter most to you

- Maximizing tax deductions and other strategies of the wealthy

- The power of family meetings

- Experiencing Garrett's cabin retreats

- The value of nurturing relationships

- The goal of becoming a billionaire: Impact vs. wealth accumulation

Resources:

🌐 Consult with Erik - https://form.jotform.com/222685728939070

🌐 Want to buy a franchise? Connect with Erik here - https://forms.gle/n4JedEuU5p7asE617

🌐 Want to franchise your business? Connect with Erik here - https://forms.gle/n4JedEuU5p7asE617

🌐 Franchisees and franchisors find proven tactics and strategies to scale YOUR businesses https://scalablefranchise.com/

Connect with Garrett Gunderson:

💼 LinkedIn - https://www.linkedin.com/in/garrett-gunderson-651359b3/

🌐 Website - https://garrettgunderson.com/

Connect with Erik Van Horn:

🌐 Website - https://franchisesecrets.com/

📷 Instagram - https://www.instagram.com/erikvanhorn/

👍 Facebook - https://www.facebook.com/erik.v.horn/

💼 LinkedIn - https://www.linkedin.com/in/evanhorn/

What does semi-absentee ownership actually mean? Is it possible in a franchise setting, or is it a myth?

Join Over 5,500 Franchisees and Franchisors in our FREE Private Facebook Community HERE: https://www.facebook.com/groups/franchisesecretsfb?_rdc=1&_rdr

In this episode, Erik talks to his business partners, Luke Jacobson and Terry Rackley from StretchLab, who share their journey as franchisees and business partners.

They discuss the importance of finding the right franchise opportunity and the myths surrounding semi-absentee franchising. They emphasize the need for speed in opening new locations and the challenges of finding and retaining good employees.

Luke and Terry also discuss their partnership with Erik, who serves as their business consultant and advisor. The partners also highlight their organizational skills and the importance of building a strong team.

In essence, the conversation covers topics such as the support system provided by the franchisor, the importance of trial and error, the role of aggressive organization in managing the business, the focus on employee development and retention, the relationship between franchisees and the franchisor, and the significance of business partnerships.

“Unless you're already a multi-millionaire, I don't think absentee ownership exists. I don't think you'll have the right attitude if you go into this saying, “Hey, I just wanna throw money at something as an investment.” You're gonna have to put in blood, sweat, and lots and lots of tears.” - Luke Jacobson

In This Episode:

- Luke's background and how he got into franchising

- Terry's background and how he met Luke and Erik

- How Luke and Terry became business partners

- The importance of speed in opening new locations

- Erik's role in the partnership

- Why leadership and organizational skills matter in business

- Critical factors in running a successful business

- Is absentee ownership a myth?

- What comes to mind when you hear the term top franchisees?

- What does a healthy franchisee-franchisor relationship look like?

- Why is aggressive organization necessary when managing a business?

- What makes partnerships a good thing?

Resources:

🌐 Consult with Erik - https://form.jotform.com/222685728939070

🌐 Want to buy a franchise? Connect with Erik here - https://forms.gle/n4JedEuU5p7asE617

🌐 Want to franchise your business? Connect with Erik here - https://forms.gle/n4JedEuU5p7asE617

🌐 Franchisees and franchisors find proven tactics and strategies to scale YOUR businesses https://scalablefranchise.com/

🌐 Franchise Equity Partners - www.frontstreetep.com

Connect with Luke and Terry:

💼 LinkedIn (Luke) - https://www.linkedin.com/in/luke-jacobson-68632b75/

💼 LinkedIn (Terry) - https://www.linkedin.com/in/terryrackley/

🌐 Website - https://www.stretchlab.com/

Connect with Erik Van Horn:

🌐 Website - https://franchisesecrets.com/

📷 Instagram - https://www.instagram.com/erikvanhorn/

👍 Facebook - https://www.facebook.com/erik.v.horn/

💼 LinkedIn - https://www.linkedin.com/in/evanhorn/

Is franchising a salon suite a good idea? The beauty industry continues to grow as more people take personal care seriously, driving more interest in health and beauty services than ever before. We're also seeing more health and beauty professionals transition to independent business ownership. Hence, salon suite franchises are a great way to capitalize on this trend. But what does it take to run such a franchise?

Join Over 5,500 Franchisees and Franchisors in our FREE Private Facebook Community HERE: https://www.facebook.com/groups/franchisesecretsfb?_rdc=1&_rdr

In this episode, Erin Elgin of Sola Salons shares her journey as a franchisee in the salon suite industry and her transition to owning real estate. She and Erik discuss the evolution of the salon suite concept and the shift towards rental salons. Erin also talks about her strengths in marketing and overcoming her initial fear of being on camera. She emphasizes the importance of authenticity and connection in her marketing efforts.

Erin's goal is to reduce her working hours down to five hours a week, so she has taken the steps to delegate tasks and hire an executive. She also discusses the benefits of owning real estate and her future plans.

Tune in and discover if franchising a salon suite fits your personality and what it takes to become successful in this industry.

“I don't think anybody if they're hiring a high-level executive to replace themselves, should worry about any timeframe or what anyone is telling you about how long it should take. Just stay in your flow and what speed feels right for you.” - Erin Elgin

In This Episode:

- A brief background about Erin and Sola Salons

- Evolution of the salon suite industry

- Erin's strengths that make her a great business owner

- Overcoming fear of being on camera

- Comfort level with public speaking

- Advice to your teenage self

- Transitioning from 60 to 30 hours of work

- Hiring people and growing the team

- Finding the right executive

- How to manage and resolve conflicts

- Benefits of owning real estate

- Erin’s future plans

- Social media presence

Resources:

🌐 Consult with Erik - https://form.jotform.com/222685728939070

🌐 Want to buy a franchise? Connect with Erik here - https://forms.gle/n4JedEuU5p7asE617

🌐 Want to franchise your business? Connect with Erik here - https://forms.gle/n4JedEuU5p7asE617

🌐 Franchisees and franchisors find proven tactics and strategies to scale YOUR businesses https://scalablefranchise.com/

Connect with Erin Elgin:

💼 LinkedIn - https://www.linkedin.com/in/erin-elgin-a17bb554/

📷 Instagram (Erin) - https://www.instagram.com/theerinevolution/

📷 Instagram (Sola Salons) - https://www.instagram.com/solatwincities/

🌐 Website - https://www.solasalonstudios.com/regions/twin-cities

Connect with Erik Van Horn:

🌐 Website - https://franchisesecrets.com/

📷 Instagram - https://www.instagram.com/erikvanhorn/

👍 Facebook - https://www.facebook.com/erik.v.horn/

💼 LinkedIn - https://www.linkedin.com/in/evanhorn/