Wealth Diversified: Unleashing the Power of Income-Generating Franchises Kenny Rose
Kenny Rose is the founder and CEO of FranShares, the first platform that allows people to get involved in franchise investing for a fraction of the cost. He is with us on the show today to help spread the word about franchise investing and why it is a great vehicle for diversification.
Listen now to learn more about FranShares, the world of franchise investing, and what makes it such a great tool to hedge against inflation!
Key Talking Points of the Episode
00:00 Introduction
00:46 What is Kenny’s background?
02:05 How does FranShares help investors get into the world of franchise investing? 03:19 Why should people consider making passive income through franchise investing?
06:17 What do investors buy on FranShares?
08:12 How does FranShares vet the businesses they work with?
11:18 How do investments work at FranShares?
13:32 How does FranShares help investors diversify their portfolios? 18:20 What factors does Kenny consider when choosing markets to invest in? 20:56 Why is it important to listen to what customers want to have? 23:30 How can investors keep their capital moving through FranShares? 25:15 How does FranShares give people access to more alternative investment options? 27:35 What data is accessible to you when you buy into a franchise?
31:48 What role do you play when you invest in a franchise?
34:13 What is Kenny’s advice to investors in today’s market?
38:25 What was the turning point in Kenny’s career?
41:08 How can investors diversify their portfolios with FranShares?
43:56 How can you get in touch with Kenny and his team?
Quotables
“When you’re worried about where the market is going, you need to look at more longer-term investments that are really isolated from market volatility.”
“You never throw everything into anything. You should put 2% into this bucket, 2% into that bucket, and really look at these alternative asset classes.” “I want you to be able to walk into a Jimmy John’s, see a QR code on the counter, invest $500 in that business you’re standing in.”
Links
Website: FranShares
LinkedIn: Kenny Rose
https://www.linkedin.com/in/kennyrose/
Website: RCN Capital
https://www.rcncapital.com/podcast
Website: REI INK