Episode 31: Don’t Quit Your Day Job: How to Invest for Passive Income with Jon Ostenson

Don’t Quit Your Day Job: How to Invest for Passive Income with Jon Ostenson

When you hear the term franchising, do you automatically think of fast food? Believe it or not, there are actually many other franchising opportunities that exist outside of Burger-King. My guest, Jon Ostenson, specializes in this area that he has coined as “Non-Food Franchising” and understands the interest is at an all-time high. Whether you’re looking to semi-retire or generate some passive income, this market has a lot to offer.

Jon is a top 1% national franchise broker, investor, author, and international speaker. As the President of an Inc. 500 franchise system and now a multi-brand franchisee, he is uniquely qualified to educate others on franchising. Jon serves as CEO of FranBridge Consulting and has helped thousands of entrepreneurs and investors explore business ownership and investment opportunities.

Jon is the author of the book “Non-Food Franchising” and a frequent contributor and thought leader in franchising and franchise investments. Before FranBridge, Jon was the President of ShelfGenie, a national franchise system with 200+ locations.

In this episode, Jon and I discuss non-food franchising, nomenclature, and the opportunities available.

Poopaganda – Chocolate frosted dog crap is still just crap All Things Growth

Highlights from this episode include:

  • Leveraging your assets and investing wisely
  • How a franchisee and a franchisor differ
  • The differences between entrepreneurs and investors
  • Different types of franchises to consider
  • The positives and negatives of franchising
  • Resources to look at or think about

If you’re considering turning your business into a franchise, it could be an interesting opportunity –– and if this is the right fit for you, the benefits are incredible. I hope this conversation with Jon helped you better understand this market. Thinking about “non-food franchising” after listening to this? I’d love to hear from you! Send me a DM on Instagram.

Links & Mentioned Resources:

Non-Food Franchising: The Better Path to Business

Connect with Jon Ostenson:

Website

LinkedIn