Tom Potter on Growing Eagle Boys to $100 Million+ Per Year & What Led To It’s Downfall

Tom Potter started Eagle Boys back in 1987 and grew it to over 200+ stores generating over a $100 million a year in revenue before exiting. Why was it so successful? And why did they collapse? Today we talk about the key to a successful franchise business, the three things you need to focus on to grow your business and what to do when it all feels like it’s falling apart.You’ll also hear about his new venture Galactic Donuts and what he’s doing to set them up as the leading name in artisan donuts. You’ll hear:0:00 - Tom’s Story 07:22 - The 3 things you need to understand to stand a chance at success10:15 - How to move from corporate to franchise15:40 - The secret to Eagle Boys’ success20:05 - The key to fast growth in a new business28:00 - Franchising isn’t for the faint of heart… Here’s what to be aware of31:40 - How to prioritise the use of your profits and prevent going underAnd so much more…Watch the YouTube Version of the Podcast hereIf you're currently struggling or you want to build a business you love and get more time back, book a Call with our team here so we can help you work through your biggest problem right now. You can find more about Tom here - https://tompotterspeaker.com.au/ And follow Galactic Donuts over at https://www.instagram.com/galacticdonuts_aus/?hl=en  Check out the behind the scenes over at @foodie_coaches and @tim.kummerfeld