The biggest mistake I made with a manager who had an “Ownership Mentality” | Franchise Secrets

The biggest mistake I made with a manager who had an “Ownership Mentality”

By April 2, 2019 Franchising

As you most likely know by now, the things I talk about on social media are things I am actually doing inside of my own businesses.

As I go into the new year and reflect on the past year, I want to make sure I learn from my past mistakes, failures, setbacks or whatever else you want to call it. By the way, this is one of the great things about franchising, you get to learn from the mistakes of others, so you do not repeat them.

One of the big things I had started to implement in 2018, was from a mistake I made a couple years earlier and did not want to repeat it. I put my plan in motion about 2 weeks ago when I sent out a job/equity offer for my fitness franchise in Denver.

So, my new Director of Operations accepted the offer, and she will be headed to manager training soon as we open our Club Pilates in Denver, CO in March. People kept asking me how I found her and I will share that story once she starts, but the short answer is My Network. I want to help others find people like her who want to find managers who have that ownership mentality and want equity. Keep reading, and I will show you how.

Here is a video of me talking about this plan 2 months ago and how it related to my past mistake.

On the flip side, I get the questions from people who are not ready to own a franchise but would like to work and earn equity.

So, I hear from BOTH sides.

  • People who want to be the Operating Partner/Manager with equity
  • Franchise Owners like me who are looking to hire more than an employee, but someone with equity which has that owner mentality.

So, I am going to be the middleman and get those two groups connected.

Are You Interested in Managing or Being an Operational Partner with Equity in the Business?

If you are ready to own a business at this point, but want to earn equity or buy equity while managing the business for a salary, then you might want to add your name to my list.

  • Fill out the Operational Partner Form to put your name on my list, and I will let you know if I have an owner in your area who is interested in hiring a manager and giving equity as part of the compensation package or if someone is looking for an operational partner.

Are You an Owner looking for a Manager with an Ownership Mentality to Join Your Team?

Are you an owner or future owner and would be interested in hiring a manager or operational partner that is motivated by more than a salary and has that owner mentality with a desire or equity.

  • Fill out the Owners Looking for an Operating Partner/Manager with Equity Form to put your name on my list, and I will let you know if I have someone interested in being a manager that has equity as part of the compensation package or if someone is interested in being an operational partner.