Franchising Secrets Behind $60M+ Net Revenue, Growth Without Guesswork - Michael Ramsey

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Michael Ramsey co-founded Strong Pilates seven years ago. It now has 120 locations in 15 countries and brings in about $75 million a year. He opened his first franchise at 26 and later sold his stake in six of them, so he has seen both sides of the model. Charles sits down with him to talk about why more people will turn to franchising as AI takes over skilled jobs. Most people think a franchise is passive income. Michael says it isn't, and he explains what you're really buying and why your first unit rarely makes you rich on its own. They also cover why some brands fall apart after 25 locations, and how to spot the weak ones before you sign a five-year agreement. You'll hear the questions…