WEBVTT
1
00:00:00.280 --> 00:00:04.240
She is sure, she is straw is straw, She is true,
2
00:00:04.480 --> 00:00:10.480
is true, she is praise, pray, she is she is you.
3
00:00:10.960 --> 00:00:14.720
Hello, everyone, welcome to today's Word of Mom Radio. Here
4
00:00:14.839 --> 00:00:17.519
on the Word of Mom Media Network. I'm your host,
5
00:00:17.839 --> 00:00:20.239
Dori Di Carlo, and you know we are here week
6
00:00:20.280 --> 00:00:24.960
after week, show after show, breaking those myths that morepreneurs
7
00:00:25.039 --> 00:00:28.679
and business women, especially those of us building our businesses
8
00:00:28.719 --> 00:00:31.519
from home, that we're just dabbling in between bake sales
9
00:00:31.519 --> 00:00:34.840
and getting our nails done. We're not. We are smart,
10
00:00:35.039 --> 00:00:37.600
we are savvy, and we are sharing the wisdom of
11
00:00:37.640 --> 00:00:40.920
women in business and in life. And I'm looking forward
12
00:00:40.960 --> 00:00:46.200
to bringing today's guest into our business spotlight. Britney Lincoln
13
00:00:46.560 --> 00:00:51.479
Franchise Connector is the VP and part at Limitless Franchise
14
00:00:51.560 --> 00:00:57.000
Growth and the CEO and founder of Females Enfranchising, a
15
00:00:57.119 --> 00:01:02.640
dynamic platform dedicated to empowering women in the franchising industry.
16
00:01:03.280 --> 00:01:07.959
With over thirteen years of experience spanning home services, beauty
17
00:01:08.000 --> 00:01:12.680
and medical franchises, Britney has built a reputation as a connector,
18
00:01:13.159 --> 00:01:17.879
educator and strategist in the franchising world. She is passionate
19
00:01:18.079 --> 00:01:22.120
about providing a space for women to collaborate, learn from
20
00:01:22.120 --> 00:01:27.959
industry experts, and grow both personally and professionally. Her expertise
21
00:01:28.200 --> 00:01:33.439
lies in helping business owners understand franchising, scale their businesses,
22
00:01:33.519 --> 00:01:38.040
and take their locations from one to one hundred. Britney's
23
00:01:38.120 --> 00:01:42.280
mission is to educate and support business owners looking to
24
00:01:42.359 --> 00:01:46.439
scale through franchising, ensuring that they have the knowledge and
25
00:01:46.599 --> 00:01:52.000
resources to succeed. Whether guiding founders through the franchising process
26
00:01:52.400 --> 00:01:56.840
or advocating for responsible franchising, she continues to make a
27
00:01:56.879 --> 00:02:02.519
significant and unprecedented impact on the industry. I can keep
28
00:02:02.599 --> 00:02:07.599
going about this amazing woman who's got two kids and
29
00:02:08.080 --> 00:02:11.360
cherishes that time while she's doing all of this. But
30
00:02:11.439 --> 00:02:14.240
you know what, let's bring Brittany into the business spotlight.
31
00:02:14.680 --> 00:02:16.039
Welcome to Word of Mom Radio.
32
00:02:17.039 --> 00:02:18.960
Hi, Dori, thank you so much for having me.
33
00:02:19.280 --> 00:02:22.560
It is my pleasure, and I would love for you
34
00:02:22.599 --> 00:02:26.520
to take us on your journey that led you to
35
00:02:26.599 --> 00:02:32.000
not only being a partner it Limitless, but starting your
36
00:02:32.080 --> 00:02:37.000
own arm of helping women grow their franchise.
37
00:02:38.080 --> 00:02:41.599
So I always love to start my story, not all
38
00:02:41.639 --> 00:02:43.000
the way back. I'm not going to take you back
39
00:02:43.039 --> 00:02:45.719
to when I was like five, but I like to
40
00:02:45.719 --> 00:02:47.960
take it back to two thousand and nine, that is
41
00:02:48.039 --> 00:02:52.240
when I graduated from business school. And I'm sure anyone
42
00:02:52.319 --> 00:02:55.719
listening can remember the economy and what was happening in
43
00:02:55.759 --> 00:02:57.759
two thousand and nine, and it was not a very
44
00:02:57.759 --> 00:03:00.319
good time to be looking for a job. I have
45
00:03:00.400 --> 00:03:03.439
an amazing mother that I look up to that was
46
00:03:03.520 --> 00:03:06.520
very successful in the insurance industry, and she helped me
47
00:03:06.599 --> 00:03:09.759
land a job as a receptionist at an insurance company
48
00:03:09.800 --> 00:03:11.759
that was literally all I could get. And in the
49
00:03:11.840 --> 00:03:14.319
year that I worked there, I learned that I could
50
00:03:14.360 --> 00:03:17.240
never be an underwriter. No offense to the insurance underwriters
51
00:03:17.240 --> 00:03:20.159
out there, but it wasn't for me sitting behind a desk,
52
00:03:20.759 --> 00:03:22.840
And so I loved to joke that I did what
53
00:03:22.879 --> 00:03:25.319
anyone would do, and I started my own business. But
54
00:03:25.400 --> 00:03:29.520
I look back now and I'm really proud of the
55
00:03:29.560 --> 00:03:31.719
woman and the girl that I was, because I think
56
00:03:31.719 --> 00:03:34.319
I was just young enough and naive enough and fresh
57
00:03:34.319 --> 00:03:36.639
out of business school and all the business plans that
58
00:03:36.719 --> 00:03:38.599
I had written that I thought I can do this.
59
00:03:39.199 --> 00:03:41.319
Why not, there's no good jobs out there, I might
60
00:03:41.319 --> 00:03:44.000
as well start a business. So I had worked in
61
00:03:44.039 --> 00:03:47.680
retail all through college, and I had noticed, I mean,
62
00:03:47.680 --> 00:03:49.840
I did my research. There were no gift stores in
63
00:03:49.879 --> 00:03:53.159
downtown Denver, where I'm from and where I was working,
64
00:03:54.080 --> 00:03:56.759
and I knew people bought stuff for their coworkers all
65
00:03:56.759 --> 00:03:59.960
the time, right if you're having a birthday, baby shower.
66
00:04:00.159 --> 00:04:03.719
No Hallmarks, nothing like that. So I partnered with a
67
00:04:03.759 --> 00:04:06.560
friend at the time and we conceptualized a gift store
68
00:04:06.599 --> 00:04:09.319
and we sold cards and stationery and baby gifts and
69
00:04:09.400 --> 00:04:12.319
jewelry and it was amazing and it was everything I
70
00:04:12.319 --> 00:04:14.400
thought it would be. I literally got to shop for
71
00:04:14.439 --> 00:04:17.160
a living. That was my thought, right, Like I love shopping,
72
00:04:17.199 --> 00:04:19.759
I get to go to market. It was all the things.
73
00:04:19.839 --> 00:04:22.079
It was everything I wanted it to be in more
74
00:04:22.800 --> 00:04:25.800
until it wasn't. And so, like so many entrepreneurs are
75
00:04:25.839 --> 00:04:29.079
first time business owners, it got messy. There was a
76
00:04:29.199 --> 00:04:31.839
nightclub above us. It flooded our store a few times
77
00:04:31.839 --> 00:04:34.279
in the first few months, and I also learned the
78
00:04:34.399 --> 00:04:37.720
lesson at the time that business and friendship don't always mix.
79
00:04:37.800 --> 00:04:40.600
I wanted to move the store, my business partner didn't.
80
00:04:40.639 --> 00:04:43.720
She wanted out, so made the tough decision to close.
81
00:04:44.600 --> 00:04:47.560
And after that I fell into advertising sales, which is
82
00:04:47.560 --> 00:04:51.000
a fun little quick story. Someone called me to get
83
00:04:51.000 --> 00:04:54.319
me to advertise my store with them, and I said, well,
84
00:04:54.360 --> 00:04:57.439
we're closing, and they started chatting me up and I
85
00:04:57.519 --> 00:04:59.480
chatted with them and they offered me a job in
86
00:04:59.560 --> 00:05:03.240
advertised sales, and so that was my fun little I
87
00:05:03.279 --> 00:05:05.319
only did that for a year. Hunter cole calls a
88
00:05:05.399 --> 00:05:08.839
day will definitely help you cut your teeth in sales.
89
00:05:09.680 --> 00:05:11.480
But from there, I had an uncle that was a
90
00:05:11.519 --> 00:05:15.399
franchise consultant and he was working with a Handyman franchise
91
00:05:15.439 --> 00:05:18.839
here in Denver that had just lost their salesperson and
92
00:05:18.879 --> 00:05:21.920
he knew I was not loving the Hunter Coal calls
93
00:05:21.920 --> 00:05:24.240
a day, And so that's how we all like to
94
00:05:24.319 --> 00:05:26.839
joke in the franchise industry. That's how I fell into franchising.
95
00:05:26.879 --> 00:05:29.439
My uncle helped me get my first job with a
96
00:05:29.480 --> 00:05:33.720
Handyman concept. The founders are lovely people. They definitely took
97
00:05:33.720 --> 00:05:35.399
a shot on me. I was young and I didn't
98
00:05:35.439 --> 00:05:38.319
have franchise experience, but I had to own my own business,
99
00:05:38.360 --> 00:05:40.439
and that was what I was going to be doing,
100
00:05:40.519 --> 00:05:43.639
right talking with people that were interested in owning their
101
00:05:43.639 --> 00:05:47.560
own business. So fast forward thirteen years. Like you mentioned,
102
00:05:47.600 --> 00:05:53.439
I've worked with service brands, I've worked with fitness beauty, wellness, medical,
103
00:05:53.680 --> 00:05:57.279
now food, you name it. And along the way, what
104
00:05:57.399 --> 00:06:00.680
has been true, which is true about so many industries
105
00:06:01.000 --> 00:06:04.000
is for a long time, I was the only female salesperson.
106
00:06:04.800 --> 00:06:07.199
I would go to conferences and I would look around
107
00:06:07.199 --> 00:06:09.759
the room and I would sometimes be one of the
108
00:06:09.800 --> 00:06:12.920
only females in the room, or I'd get asked if
109
00:06:12.920 --> 00:06:16.240
I was, you know, the receptionist or my boss's assistant.
110
00:06:16.480 --> 00:06:19.360
Write all the fun things as women we get to
111
00:06:19.399 --> 00:06:22.079
deal with. And it wasn't until about six years ago
112
00:06:22.120 --> 00:06:24.360
that I joined a team that actually had more women
113
00:06:24.399 --> 00:06:28.560
on it. And these women have become my friends. They've
114
00:06:28.800 --> 00:06:32.240
mentored me. We go to each other for you know, advice,
115
00:06:32.319 --> 00:06:35.360
whether it's in business or life or as moms, and
116
00:06:35.399 --> 00:06:39.240
it's really been life changing. And so I started Females
117
00:06:39.240 --> 00:06:43.720
in Franchising as a platform to bring women in franchising
118
00:06:43.759 --> 00:06:46.600
together because while I have this great support system now
119
00:06:46.639 --> 00:06:49.240
and have for the last six years, I know there's
120
00:06:49.279 --> 00:06:52.079
a lot of girls that were me thirteen years ago.
121
00:06:52.199 --> 00:06:55.040
We're still you know, we're working remote, you know, don't
122
00:06:55.519 --> 00:06:58.439
have that support system. And as women, we kind of
123
00:06:58.920 --> 00:07:02.800
naturally seek out commit unity. We like sisterhood, right, but
124
00:07:02.839 --> 00:07:05.519
it doesn't always exist and one of the biggest things
125
00:07:05.560 --> 00:07:09.240
I've noticed. So a year ago, those colleagues and a
126
00:07:09.279 --> 00:07:13.120
few others we stepped out and forum Limitless Franchise Growth.
127
00:07:13.600 --> 00:07:17.319
We are what's called an fso we're a franchise sales organization,
128
00:07:17.560 --> 00:07:21.480
so we help new and emerging franchise or scale by
129
00:07:21.560 --> 00:07:25.759
helping them clean up their awarding and development and sales process.
130
00:07:25.800 --> 00:07:28.680
We actually own it for them. We become their sort
131
00:07:28.720 --> 00:07:32.279
of outsourced development in sales arm. Although we're very in
132
00:07:32.360 --> 00:07:35.319
the business, we learn it, we spend time understanding it.
133
00:07:36.079 --> 00:07:39.399
But We've talked with so many founders and what I've
134
00:07:39.439 --> 00:07:43.199
found is, especially for female founders, they don't always have
135
00:07:43.680 --> 00:07:45.480
you know, tons of people to connect with that are
136
00:07:45.480 --> 00:07:48.639
in their same shoes. And there are a lot of
137
00:07:49.120 --> 00:07:54.800
groups and masterminds and cohorts and platforms for female entrepreneurs
138
00:07:54.920 --> 00:07:58.279
and I've joined some of them and they are priceless.
139
00:07:58.879 --> 00:08:01.680
And then there are also groups like you know, Chief
140
00:08:01.759 --> 00:08:05.519
and Trust, and they're more targeted towards you know, female
141
00:08:05.759 --> 00:08:10.160
that are corporate executives. But franchising is this unique little
142
00:08:10.199 --> 00:08:14.079
middle ground where whether you work in franchising or you
143
00:08:14.120 --> 00:08:16.680
own a franchise or you're a founder that has franchised
144
00:08:16.720 --> 00:08:21.160
your business. You don't quite feel corporate anymore. And we
145
00:08:21.240 --> 00:08:25.920
abide by different rules than even corporations do. And you know,
146
00:08:26.000 --> 00:08:28.759
if you are a franchise or a female founder, you're
147
00:08:28.759 --> 00:08:31.079
a female that owns a franchise, you're in a very
148
00:08:31.120 --> 00:08:34.639
small group of people. But you also don't feel quite
149
00:08:34.720 --> 00:08:37.879
like you've been in with the female entrepreneur groups because
150
00:08:37.919 --> 00:08:41.399
it's it's not the same. It's just right. Franchising is different.
151
00:08:41.519 --> 00:08:45.000
And so I've created this platform. I'm in the process
152
00:08:45.000 --> 00:08:46.600
of launching it. So I will say we're on a
153
00:08:46.600 --> 00:08:49.480
wait list right now because I want to bring the
154
00:08:49.519 --> 00:08:53.039
women that work in the franchising industry, whether they are
155
00:08:53.039 --> 00:08:56.480
in sales or marketing, they're a founder that's franchised, they
156
00:08:56.679 --> 00:09:00.759
own a franchise, they're a female franchise together because we
157
00:09:00.799 --> 00:09:03.639
all speak the same language. And I know, no matter
158
00:09:03.679 --> 00:09:07.639
what you do, like empowered women, empower women. And so
159
00:09:07.759 --> 00:09:10.519
I think if I can bring us together in a
160
00:09:10.559 --> 00:09:14.960
way where we can communicate, collaborate, share you know what's working,
161
00:09:15.320 --> 00:09:18.320
you know, work through challenges. Nothing but good will come
162
00:09:18.320 --> 00:09:22.039
from that. But definitely my experience over the last thirteen years,
163
00:09:22.080 --> 00:09:24.759
those female coworkers that I've been so lucky to have
164
00:09:24.840 --> 00:09:28.639
worked with. They were they were my inspiration for this,
165
00:09:28.759 --> 00:09:30.399
and I want to just try to give more of
166
00:09:30.440 --> 00:09:32.440
that to other women enfranchising.
167
00:09:33.360 --> 00:09:36.279
We say it here all the time, when you win,
168
00:09:36.440 --> 00:09:40.799
we all win. So I love this philosophy and I
169
00:09:40.840 --> 00:09:45.799
have to ask, how do you go about starting a franchise, Brittany?
170
00:09:46.480 --> 00:09:51.919
Yes, so I love to share any female founders out there,
171
00:09:52.639 --> 00:09:55.519
anyone listening that has a business and they want to
172
00:09:55.600 --> 00:09:59.799
franchise it. There are three main things you need to
173
00:09:59.840 --> 00:10:03.799
have it just it's not going to work, otherwise you
174
00:10:03.840 --> 00:10:05.799
can work on it and work up to it. But
175
00:10:06.039 --> 00:10:08.799
number one, and I know people might chuckle a little,
176
00:10:09.039 --> 00:10:13.080
but is your business profitable? When you franchise your business,
177
00:10:13.200 --> 00:10:16.080
you're trying to get other people to invest in this
178
00:10:16.200 --> 00:10:19.159
business that you've built. And if I were to say
179
00:10:19.200 --> 00:10:21.159
to you, hey, Tory, do you want to invest in
180
00:10:21.159 --> 00:10:23.960
this business? It doesn't make any money but it's great,
181
00:10:24.399 --> 00:10:27.200
your answer is going to be no. So number one,
182
00:10:27.600 --> 00:10:31.919
is your business profitable? That is so very important. And
183
00:10:31.960 --> 00:10:34.639
if you're not there today, then work on that and
184
00:10:34.720 --> 00:10:37.440
maybe eventually down the road you can franchise your business.
185
00:10:37.480 --> 00:10:41.480
But that's number one. Number two is your business repeatable. So,
186
00:10:41.759 --> 00:10:44.879
as I just said, right, when you franchise your business,
187
00:10:44.919 --> 00:10:50.080
you're looking to gain franchisees, people that buy into your service,
188
00:10:50.279 --> 00:10:56.480
your business. There are almost four thousand individual franchised businesses
189
00:10:56.519 --> 00:10:59.200
that exist today. There are ones that could be less
190
00:10:59.240 --> 00:11:01.720
than fifty thousand to get into and ones that could
191
00:11:01.720 --> 00:11:04.799
cost a million. There are ones that could be owner operator,
192
00:11:05.559 --> 00:11:08.759
you yourself and that's it, or chuck in a truck
193
00:11:08.799 --> 00:11:10.639
as we say in the service industry, and there are
194
00:11:10.679 --> 00:11:14.159
ones where you could have a team of fifty. It's
195
00:11:14.320 --> 00:11:17.440
really an interesting industry to look at when it comes
196
00:11:17.480 --> 00:11:22.360
down to there's a franchise for almost everything. But one
197
00:11:22.399 --> 00:11:24.840
thing rings true. When you franchise, you're looking for other
198
00:11:24.879 --> 00:11:27.519
people to come and buy in and do it where
199
00:11:27.559 --> 00:11:29.919
they live and across the country. And so if you
200
00:11:30.039 --> 00:11:33.399
have an amazing business but is so closely tied to you,
201
00:11:33.679 --> 00:11:36.120
or it is so closely tied to the market that
202
00:11:36.159 --> 00:11:37.519
you live. And I always like to joke about New
203
00:11:37.600 --> 00:11:40.159
York City, what works in New York City does not
204
00:11:40.200 --> 00:11:42.399
always translate to the rest of the United States. We
205
00:11:42.399 --> 00:11:45.279
could say the thing about La or San Francisco. Right,
206
00:11:45.639 --> 00:11:49.639
So is your business repeatable and can it work in
207
00:11:49.679 --> 00:11:51.960
other markets? And so a lot of times like get
208
00:11:52.000 --> 00:11:55.080
limitless franchise growth, what we're looking for is, you know,
209
00:11:55.120 --> 00:11:57.759
do you have at least three to five locations open
210
00:11:57.879 --> 00:12:01.559
and ideally in other markets, because that is proof of
211
00:12:01.720 --> 00:12:04.919
concept if you just have one great location. I tek
212
00:12:04.960 --> 00:12:07.480
to founders all the time, I have this amazing location,
213
00:12:07.559 --> 00:12:09.399
I have this amazing business. I have fifty people, one
214
00:12:09.480 --> 00:12:12.159
hundred people that have said they want to open one,
215
00:12:12.720 --> 00:12:16.600
you know, in their market. That's great, But you haven't
216
00:12:16.679 --> 00:12:19.720
proven that you can do that yet. So why don't
217
00:12:19.840 --> 00:12:23.840
you open another one? Get that under your belt, right,
218
00:12:23.879 --> 00:12:27.000
and then let's see can you copy and paste so
219
00:12:27.559 --> 00:12:30.600
and the repeatable there's a lot of offshoots of that
220
00:12:30.759 --> 00:12:32.720
right of not just does it work in another market,
221
00:12:32.720 --> 00:12:35.879
but can you teach other people what you're doing? Do
222
00:12:35.919 --> 00:12:40.440
you have some sort of proprietary technology secret sauce? Competition
223
00:12:40.559 --> 00:12:42.879
is not a bad thing. How many burger chains and
224
00:12:42.960 --> 00:12:46.759
sandwich chains and you know, yoga studios and concepts do
225
00:12:46.840 --> 00:12:50.120
you see? But what makes you you know, kind of unique?
226
00:12:50.159 --> 00:12:52.559
So that's a little part of it. Last thing I'll say,
227
00:12:52.559 --> 00:12:56.440
because to me, this is the trifecta are you the
228
00:12:56.639 --> 00:13:02.600
founder someone that people people will want to get behind
229
00:13:02.879 --> 00:13:06.279
and want to buy into. I find that the founder's
230
00:13:06.320 --> 00:13:10.000
story a lot of times is really important. You're why
231
00:13:10.200 --> 00:13:13.759
for starting your business, You're why for wanting to franchise?
232
00:13:13.879 --> 00:13:14.039
Right?
233
00:13:14.120 --> 00:13:15.879
Do you just want a franchise to scale and make
234
00:13:15.919 --> 00:13:18.399
more money? Do you want to help other people become
235
00:13:18.440 --> 00:13:22.440
business owners? And you've got this higher you know calling
236
00:13:22.559 --> 00:13:25.759
right or help other women become business owners because you've
237
00:13:25.799 --> 00:13:29.120
done it so successfully. So much talk right now about
238
00:13:29.159 --> 00:13:33.720
personal branding, about being authentic, right is going on? So
239
00:13:33.919 --> 00:13:37.360
are you a founder with a personal brand that other