Oct. 15, 2024

118: How She Grew Her Side Hustle Into A National Franchise

118: How She Grew Her Side Hustle Into A National Franchise

From side hustle into franchise – that’s been Jami’s incredible journey.
We dig deep into her multiple revenue streams, how she scaled, the skill set you need to thrive, and what it takes to get started now.

You can catch the episode on video too:

In this revealing episode, Jami Stigliano shares her incredible journey from side hustle to franchising DivaDance, now with 50 locations nationwide!

We dig deep into;

  • how she scaled her business,
  • multiple revenue streams available to you from franchising,
  • what it takes to get started,
  • understanding the necessary skills to thrive in the world of franchising—because it’s not a path for everyone.

Jami also reveals her top strategies for growth, including the power of mentorship and creating an advisory panel to help guide your success.

Plus, stick around for the Wrap Up, where I break down how you can use key principles from EOS® (Entrepreneurial Operating System) to accelerate the growth of your side hustle.

Do you like what you're hearing? Consider giving it a caffeinated thumbs up. We'd really appreciate it!

Need a little (and sometimes big) push to start and stay focused to grow your side hustle? Dive into my online Masterclass: How To Turn Your Thoughts Into Wanted Things.

Sites mentioned in this episode:

Clarity - for start up advice

OnlineJobs - job board for virtual workers in the Philippines

What You’ll Hear:

03:57 The Turning Point

06:00 Career in the Music Business

10:55 Franchising Journey Begins

12:14 Building the Franchise Model

15:10 How Jami Priced the Franchise

17:55 No Bricks & Mortar Required

19:59 Revenue Streams for Franchisor and Franchisee

25:25 Discovering & Learning from, the First Franchisee

27:16 Sacrifices and Bootstrapping

29:47 Qualities of Successful Franchisors

32:12  Scaling and Growth Strategies

34:26 Challenges and Cashflow

36:51 Hiring and Contractors

37:26 The Generosity of the Franchising Industry

40:07 Mentorship and Advisory Boards

44:23  Advice for Aspiring Franchise Owners

46:42  Future Plans for DivaDance

49:08 Jami’s Best Tip for Success

Wrap Up

50:07 Basics of EOS

Connect with Jami:

Dance Diva IG

Jami IG - and her Founder Friday newsletter

Connect with Joan:

Instagram

Facebook

About Joan

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Tell us about your side hustle success story!