Episode 51

Franchising is broken. Kenny reveals the top benefits of Franchise Investing and how FranShares makes Franchise Investing accessible for all | Kenny Rose, Founder and CEO at FranShares

Have you ever thought about owning a Franchise, but got discouraged by the large amount of investment capital?

Many of us have. Franchises pose barriers to entry to most of us, but not any more!

In today’s episode I speak with Kenny Rose, the founder of FranShares. He is on a double mission to allow individuals to invest in franchises and to solve for the generational wealth gap through local business ownership. Kenny has an amazing mindset and energy.

So we go deep both on him as an entrepreneur and his business. We cover his definition of great product - not your traditional answer!, why wealth creation is a problem with a big surface area, why franchises is a good asset class, what makes FranShares innovative, how he pays earnings, how he chooses franchises in the platform and his mindset as an entrepreneur.

It’s a fascinating conversation!

We cover,

(01:54) Franchises as an investment opportunity

(02:52) Empowering entrepreneurs

(11:42) Building a successful team

(24:06) Why invest in Franchises?

(28:21) Equity growth vs. income in Franchising

(29:05) The appeal of franchises

(31:15) Why FranShares is an Innovative Fintech

(35:58) Selecting the Right Franchises

(42:43) Challenges in Franchising investments

(48:19) FranShares future plans

(49:58) Advice for aspiring entrepreneurs

(52:37) The one thing to change in FinTech

Follow for more discussions on how to build great FinTech products with customer and commercial impact and to stay updated on the latest episodes.

👉 You can find Kenny here

👉 And you can find Monica here:

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Production and marketing by Monica Millares. For inquiries about being in the show, coaching, consulting, creative collabs, sponsoring the podcast or creating or editing your podcast email fintechwithmoni@gmail.com


Disclaimer: This episode does not constitute professional nor financial advice and does not represent the opinion nor views of my current, past or future employers. The guest has agreed to record and release our conversation for the use of this podcast and promotion in social media.

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Purpose Driven FinTech
Building & Growing FinTech Products With Customer & Commercial Impact

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About your host

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Monica Millares

Monica advocates for financial safety for all. She is the Product Principal at BigPay, where she leads Product and Design. As part of the founding team, Monica led building BigPay’s product from zero to one, to multi product line, and international expansion. Her leadership shaped the culture and ways of working to grow from startup to scaleup. BigPay has over 1.4 million customers, and has presence in Malaysia, Singapore and Thailand.

Monica has almost 20 years’ experience in Financial Services. Prior to BigPay, she was one of the first joiners in UK’s challenger Tandem Bank, where she focused on building credit cards from scratch. Previously she worked in leading Financial Services brands like Visa, Barclays, and a Mexican Development Bank.

She sits on the Board of PayEd, and is recognised as Singapore’s #Fintech65 Product Leaders and Women in FinTech. She’s been multiple times speaker at the prestigious conference Money2020 and shared stage with JP Morgan, Standard Chartered Bank, Konsentus, and Money2020’s Rise Up. Her commitment to innovation and financial inclusion resonates in her podcast “Purpose Driven FinTech” where she explores how FinTech’s can have 10x more impact.

Monica has a background in Engineering and a Master’s Degree on Analysis, Design, and Management of Information Systems from the London School of Economics.