Payback Time3 Loka 2023

S3E52 - Jon Ostenson - How to earn between $150K and $250K with a non-food franchise

My next guest left his corporate job to pursue a career in non-food franchising. Now today, he has a network of over 600 different franchise models that can help people escape the rat race and become full-time entrepreneurs. In this episode, we talk about some of the business models, including project-based revenue and recurring revenue, we also talk about which models can generate $1M/year in top-line revenue with 25% profit margins, and we talk about his process of finding the best franchise businesses for specific geographic locations. Please welcome Jon Ostenson.

Key Timecodes

(00:54) - Show intro and background history
(02:35) - Deeper into his background history and business model
(04:19) - How he started his franchising journey
(05:23) - Deeper into his business model and strategies
(06:40) - A few examples of the types of franchises he works with
(11:39) - Deeper into his strategies and investing model
(12:22) - How to achieve financial independence on exit day in this model
(14:33) - Which types of franchises have recurring revenue models
(16:06) - How to get involved with his business model~
(18:42) - How to choose the right franchise for each investor
(20:46) - Is it possible to work part-time with that business model?
(23:10) - A key takeaway from the guest
(26:03) - What is the worst advice he ever received
(26:37) - What is the best advice he ever received
(27:38) - Guest contacts

Payback Time Podcast

A Podcast on Financial Independence. Hosted by Sean Tepper. If you want to learn how to escape the rat race, create passive income, or achieve financial freedom, you've come to the right place.

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