#ASKJIM BBQ Special Replay
In this episode of #AskJim, recorded live at Training Week, Jim answers questions from franchisees and online viewers.
The first question comes from Josh Mars, who asks what Jim would create to put Jim's out of business if he had to start a competing company.
Jim reflects on Warren Buffett's approach to competition and discusses his own thoughts on the matter.
Tune in to hear Jim's insights on starting a new venture and competing against himself.
https://jims.net/
In this episode of #Ask Jim, Jim addresses questions from franchisees at Training Week. The episode starts with a discussion about reaching the 100th episode milestone. The audience, both online and in-person, has the opportunity to ask Jim their questions. One audience member, Josh Mars, asks what Jim would create to put Jim's out of business if he had to start a competing company. Jim reflects on Warren Buffett's approach to competition and shares his thoughts on potentially entering a different business area. Tune in to hear Jim's insights and more in this engaging episode.
Timestamps:
[00:00:49] Competing against your own company.
[00:03:13] Motivation and pushing for success.
[00:08:07] Working with trees.
[00:11:45] Tough standards and franchisees' complaints.
[00:14:07] Franchisees' legal battle.
[00:15:32] People spending money differently.
[00:19:29] Not all work.
[00:21:30] Talking to franchisees.
[00:25:22] The key to business success.
[00:29:28] Franchisee satisfaction levels.
[00:31:09] Corrupt franchisors and legal services.
[00:37:22] Ancient Judaism in modern Christianity.
[00:37:43] Starting a new Jim's journey.
[00:40:57] Jim's headphone dilemma.
[00:45:30] Building a business without leads.
[00:48:07] Going above and beyond.
[00:51:08] How Mike became head trainer.
[00:53:40] The premium price theory.
[00:55:57] Watching online tonight, which was great.
Join Jim as he celebrates the 100th episode milestone, answering intriguing questions from franchisees during Training Week. Tune in for an episode filled with candid insights, strategic thoughts, and Jim's conviction that we're just better. A must-listen for anyone interested in the dynamics of business competition and franchise success!
Quotes:
"Business is just great. It's what everybody talks about. It's so much fun." - Jim Penman
"I honestly don't think they can survive against us successfully, because we're just better." - Jim Penman
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