His Mom Put Her House on the Line So He Could Open a Snowboard Shop at 17 | Chris Naugle
Chris Naugle's mom put up her house so he could open a snowboard shop at 17. Every bank had turned him down. One would do an SBA loan if he had real estate, and her 700 square foot ranch was worth about $70,000. The shop opened in November 1994 and had a huge Christmas. Then summer went dead. He sp…
He Took Over the Family Business at 21. It Grew to Nearly 200 Parks | Jeff Platt, Sky Zone
Jeff Platt was 21 when his dad asked him to take over a two location trampoline park in Las Vegas. He had no plan and no idea how franchising worked. Then a UFC fighter trained there on Spike TV. Three minutes of footage aired internationally, and emails poured in from people who wanted one in thei…
He Accidentally Found The Key To Explosive Business Growth
What if the fastest way to scale your business isn’t opening every new location yourself, but building a model that other entrepreneurs can help you grow?In this episode of The Big Table, I sit down with entrepreneur Alex Smereczniak to break down how franchising can become a powerful vehicle for e…
Owning Unsexy Businesses to Build Wealth w/ Alex Smereczniak #1208
America has a long history of entrepreneurship. Some of the biggest, most recognizable companies in the world started with one person taking a risk and building something from scratch. And for good reason: owning a business can be an incredibly powerful path to building wealth. But there’s a proble…
He Sold His Painting Franchise in 3 Years. Then He Regretted It | Zac Smith
Zac Smith was in the hospital the day his first child was born when an employee texted that they couldn't work. A few months earlier the seller had just hired a third person. Now Zac was down to one, running a CertaPro Painters franchise he'd bought with personally guaranteed SBA debt and almost ev…
Franchising With 401k Assets? 4 Questions Wealthy Investors Ask First
Franchising is promoted as passive income, mailbox money, even a 5-hour a week side hustle. SBA loans come easy, and you can even use a government incentive program to roll over retirement assets into a franchise.
But for wealthy investors, there is both opportunity and risk. I wanted to take an h…
Want to Own a Business? Start Here Before You Spend a Dollar | Ep. 1,316
Alex Smereczniak is a serial entrepreneur and Co-Founder and CEO of Franzy, the "Zillow for franchising." He previously built 2ULaundry and LaundroLab, raising over $30 million in venture capital and scaling across multiple markets. Today, he's making entrepreneurship more accessible by helping asp…
Want to Own a Business? Start Here Before You Spend a Dollar | Ep. 1,316
Alex Smereczniak is a serial entrepreneur and Co-Founder and CEO of Franzy, the "Zillow for franchising." He previously built 2ULaundry and LaundroLab, raising over $30 million in venture capital and scaling across multiple markets. Today, he's making entrepreneurship more accessible by helping asp…
Franchise Insider: The Quiet Millionaires Nobody Talks About (And How They Did It) | Ep. 460 with Alex Smereczniak CEO of Franzy
Daniel sits down with Alex Smereczniak to explore why franchising may be a more practical path to entrepreneurship than starting a company from scratch. Alex shares how his college laundry business led him into franchising and how everyday business owners are quietly building substantial wealth thr…
He Bought His College Laundry Business for $30K. Now He's Building the Zillow for Franchises.
Alex Smereczniak got his start at Wake Forest. A student laundry service that began as a class project was doing about $30,000 a school year, and when the founders graduated they wanted $30,000 for it. Alex had about $2,000. So he learned seller financing on the fly, brought in two partners, and gr…
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