Description

Escape and Empower Podcast with David Greenberg and Peter Gilfillan

David Greenberg and Peter Gilfillan tackle one of the biggest questions potential franchise owners ask: How involved do you have to be in a franchise? They break down the executive model of franchise ownership, discussing the differences between full-time engagement and semi-absentee ownership. If you're considering franchise ownership but wondering how much time you’ll need to invest, this episode is for you.

In this episode, Dave and Pete discuss:

• The Executive Model of Franchise Ownership

There’s a big difference between owning a business and working in a business. Dave and Pete explain why most executives prefer the executive model, which allows them to lead, manage, and grow a business rather than handling day-to-day operations.

• Full-Time Franchise Ownership: Pros and Cons

For those looking to go all-in, full-time franchise ownership offers greater control, deeper team connections, and faster decision-making. However, it also comes with higher stress levels, a heavier time commitment, and less flexibility.

• Semi-Absentee Franchise Ownership: The Alternative Approach

Many executives prefer a semi-absentee model, where they keep their corporate job while running a franchise on the side. Pete and Dave highlight how this approach provides flexibility, additional income, and work-life balance, but requires strong leadership and delegation skills.

Building Wealth Through Smart Franchise Investment

• Whether you go full-time or semi-absentee, franchise ownership is a proven way to build financial independence. Dave and Pete share strategies for scaling multiple locations, managing capital, and diversifying revenue streams to maximize success.

Key Takeaways:

• There’s no such thing as a “passive” franchise—every business requires leadership.
• Full-time involvement provides control but demands commitment—make sure you're ready.
• Semi-absentee ownership allows for a corporate job + franchise—but you need the right team in place.
• The best approach depends on your goals—financial security, flexibility, or full-time entrepreneurship?

"Owning a franchise isn’t about escaping work—it’s about choosing the kind of work and life you want." — David Greenberg

CONNECT WITH PETER GILFILLAN:

Website: https://www.hireyourself.com/
LinkedIn:https://www.linkedin.com/in/petegilfillan/

CONNECT WITH DAVID GREENBERG:

Website: https://empoweredfranchisee.com/
LinkedIn:https://www.linkedin.com/in/dave-greenberg-entrepreneur/

CONNECT WITH PETER GILFILLAN

Meet with Pete: https://go.hireyourself.com/gilfillan?utm_source=LinkedIn&utm_medium=Social&utm_campaign=IR
Website: https://www.hireyourself.com/
LinkedIn: https://www.linkedin.com/in/petegilfillan/

CONNECT WITH DAVID GREENBERG

Meet with Dave: https://calendly.com/empoweredfranchisee/virtual-coffee-with-dave-the-empowered-franchiee-web?utm_source=LinkedIn&utm_medium=Social&utm_campaign=IR
Website: https://empoweredfranchisee.com/
LinkedIn: https://www.linkedin.com/in/dave-greenberg-entrepreneur/