EP 117 - Paul Tran, Belief Is EVERYTHING for New Franchisees
Release Date: 11/06/2023
EP 117 - Paul Tran, Belief Is EVERYTHING for New Franchisees
When you are starting, it is all about belief in the concept and vision. That’s what will get you through the hard times and will convince others to invest time and energy in your concept. Without proven profits, your belief in the mission and vision is all that you have.
Paul Tran aspires to put God first and throughout everything he does. Paul has sold over 1,000 franchises and helped small mom-and-pop restaurants create structure, increase profitability, grow unit counts, and share their brand with the world.
This enables them to go nationwide, expand globally, go IPO, and get acquired by public companies, and in the process, countless franchisee clients and their families can build wealth, and legacy, and find meaningful work.
Paul also owns and operates a Halal Guys franchise and directs a 501(c)(3) nonprofit that serves entrepreneurs and families in materially poor communities around the world.
What You Will Learn:
-
Why Paul decided to open a crawfish restaurant with no previous restaurant experience
-
How Paul came to sell his business and open up a franchise in another restaurant chain
-
Paul’s take on the food truck industry and where he feels it is headed
-
How to create your own niche and sub-segment to make yourself easily distinguishable
-
How to create a compelling story to get people behind your mission
-
What is a ghost kitchen and how does Paul feel about them
-
What do restaurant patrons really care about and how can you give it to them
Favorite Quote:
“As you and I know, high sales can fix a lot of problems.”
-Paul Tran
Connect With Paul:
How To Get Involved:
Patrick Bolanos is a serial entrepreneur, business owner, and CEO of Trailer King Builders in Houston, Texas.
He was raised in Nicaragua, exposed to extreme poverty, and also had the fortune of being exposed to life in the United States traveling back and forth to both countries.
After college, Patrick’s career took him into the corporate world of banking where he learned the important lessons of understanding what you’re selling and why it’s important to believe in it.
Back in December of 2017, Patrick was fired from his job as a CFO for a Restaurant Group. With only $500 to his name, rent due, his wife, 3 children at home, and one on the way, he was forced to figure out how to pull his family out of this financial abyss that was strangling his life.
With no knowledge of how to build a trailer, Patrick simply figured all of it out and has now built it into the thriving empire of what’s now become Trailer King Builders.