Max Emma's Journey From Bankruptcy to Building a Franchise Empire
Manage episode 464314550 series 3640922
In this episode of "Nice to Meet You," host Rob Pene interviews Max Emma, a successful business owner and franchise expert. Max shares his journey from corporate accounting at Qualcomm to becoming the CEO of three franchise-related companies.
Key highlights from the episode:
- Max's background: Originally from the former Soviet Union, he came to the US 32 years ago. After working at Qualcomm, he left corporate life in 2002 to start his own businesses.
- Business evolution: He experienced both success and failure, including a construction business that went bankrupt during the 2008-09 housing crisis. This setback led him to start a bookkeeping business with his wife.
Current ventures:
- A bookkeeping services company serving 100+ franchise brands nationwide
- A bookkeeping franchise business (recently sold their 13th franchise)
- A franchise brokerage helping people find and invest in franchises
Franchise insights:
- Max emphasizes the importance of persistence and consistency in business growth
- He discusses the advantages of franchising over starting from scratch (proven models, established systems)
- Current hot franchise sectors include pet services, senior care, and children's services
- Investment requirements vary widely ($35,000 to $1.5+ million)
Business philosophy:
- Believes in persistent follow-up until explicitly told to stop
- Emphasizes the importance of in-person connections
- Views past failures as stepping stones to future success
The episode provides valuable insights for anyone interested in franchising or business ownership. Max can be reached through his website https://franchisewithmax.com, which offers information about his three business verticals: franchise brokerage, bookkeeping franchise opportunities, and bookkeeping services.
24 episodes