Carl-Gould-#70secondCEO-Why Franchises Fail Stop Micromanaging Trust the System Scale Your Business

Hi everyone, Carl Gould here with your #70secondCEO. Just a little over a one-minute investment every day for a lifetime of results. Now, what are some blind spots for stage five? And it's a bit of a paradox, because there really should be no blind spots at stage five. So let me discuss a bit of why franchises fail. Whether you bought one or built it to this point, the number one reason franchises fail is that owners deviate from the system. They don't follow through on the system. They refuse to let go of micromanaging their employees, whom they have trained and empowered and helped design the systems with. These are the areas you need to be very, very careful of because the personality and your disk graph for stage five, you'll notice that D part has come down a bit, you as the owner do not need to be driving everything you can let go. That will free up the systems to create incremental improvement in all areas. Like and follow this podcast so you can learn more. My name is Carl Gould and this has been your #70secondCEO.