S2 E3: The Mathnasium Franchise: How One Couple Went All In

The Speers are natural entrepreneurs. From owning an auto-motive business to homeschooling, this power couple knows the value of franchising a great education product. After watching one of their daughters struggle to get to grips with mathematics, James and Jennifer Speer sought help with the Mathnasium teaching method. Impressed with the product, they created the first Mathnasium Learning Center franchise in 2011. And they haven’t looked back. The Wolf gets into conversation with Jennifer and James, talking about how they’ve expanded to 10 locations around Texas, why you should burn your ships and go all in, and why buying is easier when you get your first location right. You’ll also hear why you should get to know your business inside and out and how that makes buying easier than building. And if you’ve enjoyed listening to Franchise Empires, I’d be so grateful if you could drop me a 5-star review on Rate My Podcast. Thank you so much! Follow James: LinkedIn: linkedin.com/in/james-speer-78432955 Check out The Wolf’s newsletter Stay up-to-date on all things Franchise Empires by following The Wolf on Twitter: https://twitter.com/franchisewolf The Wolf is a friend of Workweek, working together to produce amazing podcasts. Find out more, visit: www.workweek.com

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Most startups are doomed to fail. But there’s an alternative route to financial freedom for hungry entrepreneurs. One that involves far less risk, far more work-life balance, and just as much profit. Franchises. Franchise Empires gives aspiring franchise owners the playbook to build a multi-unit franchise empire of their own. Every episode we hear from guests who are building their franchise empire: Franchisees who started with one unit and aren’t stopping until they get to dozens, hundreds, or even thousands more locations. Hosted by The Wolf, you’ll hear exactly how to turn your ambition into tangible actions and take your first steps up the franchise ladder. We’ll break down the steps you need to take open your first franchise, your second location and beyond, along with the many pitfalls to avoid. Wolf answers all your questions about owning and running your franchise, and interviews guests with first hand experience like Greg Flynn, the multi-billion dollar restaurant franchisee, Jamie Weeks, the largest OrangeTheory franchisee in the world who’s launching his own fitness franchise SweatHouz, and Jason McGowan, Co-founder and CEO of Crumbl cookies. Want to get started on your franchise owning journey? Tune in every Tuesday for a new episode. Make sure to subscribe wherever you get your podcasts. Interested in participating as a guest at Franchise Empires? Submit your request here!