{"id":1952,"date":"2024-01-11T17:23:58","date_gmt":"2024-01-11T17:23:58","guid":{"rendered":"https:\/\/franchisecoachonline.com\/?p=1952"},"modified":"2024-04-26T14:05:51","modified_gmt":"2024-04-26T14:05:51","slug":"gautam-thadhani-franchise-exploration","status":"publish","type":"post","link":"https:\/\/franchisecoachonline.com\/gautam-thadhani-franchise-exploration\/","title":{"rendered":"Gautam Thadhani, Breaking Growth Records Since Starting His Franchise!"},"content":{"rendered":"\t\t<div data-elementor-type=\"wp-post\" data-elementor-id=\"1952\" class=\"elementor elementor-1952\" data-elementor-post-type=\"post\">\n\t\t\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-4ef4367 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"4ef4367\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-0127291\" data-id=\"0127291\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-6a1ace1 elementor-widget elementor-widget-image\" data-id=\"6a1ace1\" data-element_type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<style>\/*! elementor - v3.21.0 - 08-05-2024 *\/\n.elementor-widget-image{text-align:center}.elementor-widget-image a{display:inline-block}.elementor-widget-image a img[src$=\".svg\"]{width:48px}.elementor-widget-image img{vertical-align:middle;display:inline-block}<\/style>\t\t\t\t\t\t\t\t\t\t<img fetchpriority=\"high\" decoding=\"async\" width=\"300\" height=\"300\" src=\"https:\/\/franchisecoachonline.com\/wp-content\/uploads\/2023\/11\/1589997980136-1-300x300.jpeg\" class=\"attachment-medium size-medium wp-image-1957\" alt=\"\" srcset=\"https:\/\/franchisecoachonline.com\/wp-content\/uploads\/2023\/11\/1589997980136-1-300x300.jpeg 300w, https:\/\/franchisecoachonline.com\/wp-content\/uploads\/2023\/11\/1589997980136-1-150x150.jpeg 150w, https:\/\/franchisecoachonline.com\/wp-content\/uploads\/2023\/11\/1589997980136-1.jpeg 400w\" sizes=\"(max-width: 300px) 100vw, 300px\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-6b45974a elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"6b45974a\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-41a81366\" data-id=\"41a81366\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-a2f63c9 elementor-widget__width-initial elementor-widget elementor-widget-text-editor\" data-id=\"a2f63c9\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<style>\/*! elementor - v3.21.0 - 08-05-2024 *\/\n.elementor-widget-text-editor.elementor-drop-cap-view-stacked .elementor-drop-cap{background-color:#69727d;color:#fff}.elementor-widget-text-editor.elementor-drop-cap-view-framed .elementor-drop-cap{color:#69727d;border:3px solid;background-color:transparent}.elementor-widget-text-editor:not(.elementor-drop-cap-view-default) .elementor-drop-cap{margin-top:8px}.elementor-widget-text-editor:not(.elementor-drop-cap-view-default) .elementor-drop-cap-letter{width:1em;height:1em}.elementor-widget-text-editor .elementor-drop-cap{float:left;text-align:center;line-height:1;font-size:50px}.elementor-widget-text-editor .elementor-drop-cap-letter{display:inline-block}<\/style>\t\t\t\t<p><i><span style=\"font-weight: 400;\">Gautam Thadhani is a mover and shaker. His energy, flexible mindset, and strong work ethic well positioned him for franchise ownership, and his Miami-based Mr. Handyman business has broken franchise growth records since he started it in December 2020. I very much enjoyed sitting down with Gautam to reflect on his success \u2013 as well as the impactful time we spent together in his early days of decision-making.<\/span><\/i><\/p>\n<h3>What inspired you to start investigating franchises?<\/h3>\n<p><span style=\"font-weight: 400;\">Even before the pandemic, I had been wanting to get out of Corporate America and start my own business. For five years, I had been considering a wide range of opportunities \u2013 buying a business or starting a new one.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Full disclosure\u2026franchise ownership didn\u2019t really blip my radar during those early years of looking. But right after the pandemic, my company went through a downsizing, and it was time to add a big dose of speed to the search for my next chapter. And that\u2019s where <\/span><i><span style=\"font-weight: 400;\">you<\/span><\/i><span style=\"font-weight: 400;\"> came into the picture! My company offered a range of support options for downsized employees, and that\u2019s when I heard you talk at a seminar. All of a sudden, franchising was definitely on my radar. Before that, I just hadn\u2019t realized how diverse the options are!<\/span><\/p>\n<p><span style=\"font-weight: 400;\">What I<\/span><i><span style=\"font-weight: 400;\"> did<\/span><\/i><span style=\"font-weight: 400;\"> know at the time was that I\u2019m good at running a business, and I was already of the mindset that I was flexible on what kind of businesses I would consider. When you have a good plan and a good product or service, it doesn\u2019t matter if you\u2019re selling lemonade or cleaning services. That said, you really helped me narrow down my choices to find the best fit for me.<\/span><\/p>\n<h3>And what a good fit Mr. Handyman has been for you! Tell me what you like best about the business and your growth over the past few years.\u00a0<\/h3>\n<p><span style=\"font-weight: 400;\">Mr. Handyman is a one-call solution for a wide range of home maintenance and repair needs. In this industry, expertise and reliability aren\u2019t always a given, and I really like that our technicians are highly skilled craftspeople with an average of 10 years\u2019 experience in the trades. They have expertise across a range of home repair and improvement projects, and we\u2019re known for the quality of our workmanship and professional reliability. That\u2019s what keeps clients coming back and referring us to others!<\/span><\/p>\n<p><span style=\"font-weight: 400;\">And those commitments have definitely fueled our growth since we started. My Mr. Handyman franchise was a brand new one in Miami \u2013 built from scratch \u2013 and we broke the franchise\u2019s record for growth, reaching $1MM in sales in only 10 months. <\/span><i><span style=\"font-weight: 400;\">And the best part?<\/span><\/i><span style=\"font-weight: 400;\"> We\u2019re continuing to grow at a very fast pace, so the path ahead definitely looks bright for our team.<\/span><\/p>\n<h3>What were your biggest challenges in getting started?<\/h3>\n<p><span style=\"font-weight: 400;\">Even though I mentioned that a business is a business, there\u2019s always challenges to face when you\u2019re learning a new industry. I\u2019ve been known to fix a thing or two in my life, but I am far from a home improvement expert. So, I\u2019ve been very lucky to find people who know way more than I do in the different trades, from concrete to drywall to tiling.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">That said, I made a point to go on jobs with my team, because I wanted to learn as much as possible. I like to say that I didn\u2019t have all the answers, but I do have all the questions \u2013 and that\u2019s a big part of getting up to speed and building a team.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Hiring is really hard, and it took time to find the right people \u2013 but what an incredible team we have now! We have four full-time experts and one part-time expert, plus three office support personnel, my wife, and myself.\u00a0<\/span><\/p>\n<h3>What\u2019s been the most rewarding aspect of franchise ownership?<\/h3>\n<p><span style=\"font-weight: 400;\">I love running a well-performing business \u2013 and managing all the moving pieces, from hiring to budgets to sales. I also find great satisfaction in helping my team grow and provide for their families.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">In addition, I appreciate the creativity in this line of work. There\u2019s more than one way to solve a problem for a homeowner \u2013 or make their vision a reality. What matters most is that they\u2019re happy with the end result, and that\u2019s always our aim.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">And on the personal front, I\u2019m grateful every day for the work-life balance this career provides for me. In my previous role, I worked for a major car rental company \u2013 overseeing 10 branches and 50 employees \u2013 and those responsibilities were very demanding on my time. I still work hard in this chapter of my career, but now it\u2019s on my own terms. So that means I get to spend more time with my kids, who are 10 and 12 \u2013 and with my wife, who now works with me. (I like how much time we get to spend together as a couple, but she might have a different opinion on the matter!)<\/span><\/p>\n<h3>What did you like best about our time exploring potential opportunities?<\/h3>\n<p><span style=\"font-weight: 400;\">Your role in my exploration process was clear and much appreciated: be a guide to help me navigate to the best choices. I was always holding the reins, but I had more confidence in doing so because I knew I was getting good advice from someone who had my back.<\/span><\/p>\n<h3>What advice would you give to someone interested in franchise exploration?<\/h3>\n<p><span style=\"font-weight: 400;\">Be the rein-holder in the process \u2013 from beginning to end \u2013 but find support and guidance from people who have your best interests at heart. The path to business ownership is daunting, but it\u2019s so worth it if you decide it\u2019s for you. And since that path will have many twists and turns \u2013 from early decisions to launch to growth \u2013 be sure to grow your network of support to set yourself up for long-term success.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">This is my top advice because I know one <\/span><i><span style=\"font-weight: 400;\">more<\/span><\/i><span style=\"font-weight: 400;\"> thing that\u2019s true across businesses and industries: no matter how cool the product or service, success always comes down to <\/span><i><span style=\"font-weight: 400;\">people <\/span><\/i><span style=\"font-weight: 400;\">\u2013 so find the right ones!<\/span><\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<\/div>\n\t\t","protected":false},"excerpt":{"rendered":"<p>Gautam Thadhani shares his story of franchise exploration and 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