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Creating Value: The Importance of Core Values in Business and Life
Manage episode 509401065 series 2343787
Today, Fredrik interviews Amrit Dhaliwal, CEO and founder of Walfinch, a home care franchising business. Amrit shares his journey from being a franchisee to becoming a franchisor, emphasising the impact of franchising in scaling businesses. Amrit also discusses the significance of investing in oneself through continuous learning, networking, and personal wellness. He encourages aspiring entrepreneurs to focus on gaining experience rather than chasing immediate financial success, highlighting the benefits of mentorship and gradual growth.
KEY TAKEAWAYS
Franchising allows for greater influence and impact across multiple locations, enabling entrepreneurs to scale their businesses while supporting others in their journey to self-employment.
Effective cash flow forecasting is crucial for business sustainability, especially in sectors with delayed payments. Planning ahead can prevent financial stress and ensure that obligations, such as payroll, are met.
Networking and maintaining relationships can provide essential support during challenging times. Leveraging connections can lead to solutions, such as financial assistance or business partnerships.
Continuous self-investment through education, training, and wellness is vital for both personal and professional development. Engaging in activities that promote mental and physical health can enhance overall performance.
Gaining experience and knowledge in the early stages of a career is more valuable than immediate financial gain. Learning from others and absorbing their insights can lead to long-term success and growth.
BEST MOMENTS
"I could make lots of money in one location, but I could make lots of impact in 100, 200 locations, which I could do through the power of franchising."
"If you don't pay for this, they can't pay carers and so on and so forth."
"The thing that has always saved me has been relationships."
"You can't do that in the last second. I tried it too, but it's painful."
"Always create the values set for yourself. They will feed you well and you will gain riches, not just financial, but emotional and relationships."
ABOUT THE HOSTS
Serial entrepreneurs Fredrik, Charlie and Ivan Sandvall love sharing ideas and interviewing world-class entrepreneurs and influences. Invest In You is about investments, entrepreneurs, personal development and doing fun things. They hope to ensure you to take action, helping others and yourself, plus enjoying the journey we call life.
https://www.skool.com/invest-in-you-podcast-tribe-8617/about?ref=b436cf4ec1004048a6be80c1b1b27d60
CONTACT METHOD
Amrit Dhaliwal
https://www.linkedin.com/in/amrit-dhaliwal-a436445b/
Fredrik Sandvall
www.linkedin.com/in/sandvall/
https://www.facebook.com/FredrikinLondon/
Charlie Sandvall
LI: https://www.linkedin.com/in/csandvall/
Youtube Channel: https://youtube.com/c/Sandvall
Ivan Sandvall
Instagram @ivansandvall
164 episodes
Manage episode 509401065 series 2343787
Today, Fredrik interviews Amrit Dhaliwal, CEO and founder of Walfinch, a home care franchising business. Amrit shares his journey from being a franchisee to becoming a franchisor, emphasising the impact of franchising in scaling businesses. Amrit also discusses the significance of investing in oneself through continuous learning, networking, and personal wellness. He encourages aspiring entrepreneurs to focus on gaining experience rather than chasing immediate financial success, highlighting the benefits of mentorship and gradual growth.
KEY TAKEAWAYS
Franchising allows for greater influence and impact across multiple locations, enabling entrepreneurs to scale their businesses while supporting others in their journey to self-employment.
Effective cash flow forecasting is crucial for business sustainability, especially in sectors with delayed payments. Planning ahead can prevent financial stress and ensure that obligations, such as payroll, are met.
Networking and maintaining relationships can provide essential support during challenging times. Leveraging connections can lead to solutions, such as financial assistance or business partnerships.
Continuous self-investment through education, training, and wellness is vital for both personal and professional development. Engaging in activities that promote mental and physical health can enhance overall performance.
Gaining experience and knowledge in the early stages of a career is more valuable than immediate financial gain. Learning from others and absorbing their insights can lead to long-term success and growth.
BEST MOMENTS
"I could make lots of money in one location, but I could make lots of impact in 100, 200 locations, which I could do through the power of franchising."
"If you don't pay for this, they can't pay carers and so on and so forth."
"The thing that has always saved me has been relationships."
"You can't do that in the last second. I tried it too, but it's painful."
"Always create the values set for yourself. They will feed you well and you will gain riches, not just financial, but emotional and relationships."
ABOUT THE HOSTS
Serial entrepreneurs Fredrik, Charlie and Ivan Sandvall love sharing ideas and interviewing world-class entrepreneurs and influences. Invest In You is about investments, entrepreneurs, personal development and doing fun things. They hope to ensure you to take action, helping others and yourself, plus enjoying the journey we call life.
https://www.skool.com/invest-in-you-podcast-tribe-8617/about?ref=b436cf4ec1004048a6be80c1b1b27d60
CONTACT METHOD
Amrit Dhaliwal
https://www.linkedin.com/in/amrit-dhaliwal-a436445b/
Fredrik Sandvall
www.linkedin.com/in/sandvall/
https://www.facebook.com/FredrikinLondon/
Charlie Sandvall
LI: https://www.linkedin.com/in/csandvall/
Youtube Channel: https://youtube.com/c/Sandvall
Ivan Sandvall
Instagram @ivansandvall
164 episodes
All episodes
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