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What Broke When Restore Hyper Wellness Grew Too Fast—and How They’re Course Correcting With Steven Welch

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Manage episode 462284394 series 3263525
Content provided by Erik Van Horn. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Erik Van Horn or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.

What breaks when a franchise scales too quickly, and how can it be fixed? In this eye-opening episode, Erik Van Horn talks with Steven (Steve) Welch, co-founder of Restore Hyper Wellness, about the hidden challenges of rapid franchise growth. Steve reveals the critical missteps as Restore expanded too fast, including leadership gaps, missing operational systems, and a lack of a clear sales process. He then shares how the company is actively course-correcting by rebuilding its infrastructure, strengthening its leadership team, and listening closely to franchisees through its Franchise Advisory Council (FAC). This episode is a must-listen for franchisors and franchisees who want to scale responsibly without sacrificing long-term success.

“When I stepped into the role, I was hoping there would be a silver bullet. There’s no silver bullet. It was a lot of little things that had to change that added up to a lot." ~ Steven Welch

In This Episode:

- How Steve got into entrepreneurship

- Pitfalls of growing too fast

- Staying motivated after a big exit

- Building a team with scale experience

- Why franchisee due diligence matters

- How to raise outside capital

- Business valuation and convertible notes

- How the FAC drives better decisions

- Overhauling the sales process for growth

- Restore's roadmap for consistent success

- Standardizing systems to sustain growth

- Advice for people who want to get into franchising

Resources:

🌐 Consult with Erik - https://form.jotform.com/222685728939070

🌐 Want to buy a franchise? Connect with Erik here - https://forms.gle/n4JedEuU5p7asE617

🌐 Want to franchise your business? Connect with Erik here - https://forms.gle/n4JedEuU5p7asE617

🌐 Franchisees and franchisors find proven tactics and strategies to scale YOUR businesses - https://scalablefranchise.com/

Connect with Steven Welch:

🌐 Website - https://www.restore.com/

💼 LinkedIn - https://www.linkedin.com/in/livefreeordie/

Connect with Erik Van Horn:

🌐 Website - https://franchisesecrets.com/

📷 Instagram - https://www.instagram.com/erikvanhorn/

👍 Facebook - https://www.facebook.com/erik.v.horn/

💼 LinkedIn - https://www.linkedin.com/in/evanhorn/

  continue reading

109 episodes

Artwork
iconShare
 
Manage episode 462284394 series 3263525
Content provided by Erik Van Horn. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Erik Van Horn or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.

What breaks when a franchise scales too quickly, and how can it be fixed? In this eye-opening episode, Erik Van Horn talks with Steven (Steve) Welch, co-founder of Restore Hyper Wellness, about the hidden challenges of rapid franchise growth. Steve reveals the critical missteps as Restore expanded too fast, including leadership gaps, missing operational systems, and a lack of a clear sales process. He then shares how the company is actively course-correcting by rebuilding its infrastructure, strengthening its leadership team, and listening closely to franchisees through its Franchise Advisory Council (FAC). This episode is a must-listen for franchisors and franchisees who want to scale responsibly without sacrificing long-term success.

“When I stepped into the role, I was hoping there would be a silver bullet. There’s no silver bullet. It was a lot of little things that had to change that added up to a lot." ~ Steven Welch

In This Episode:

- How Steve got into entrepreneurship

- Pitfalls of growing too fast

- Staying motivated after a big exit

- Building a team with scale experience

- Why franchisee due diligence matters

- How to raise outside capital

- Business valuation and convertible notes

- How the FAC drives better decisions

- Overhauling the sales process for growth

- Restore's roadmap for consistent success

- Standardizing systems to sustain growth

- Advice for people who want to get into franchising

Resources:

🌐 Consult with Erik - https://form.jotform.com/222685728939070

🌐 Want to buy a franchise? Connect with Erik here - https://forms.gle/n4JedEuU5p7asE617

🌐 Want to franchise your business? Connect with Erik here - https://forms.gle/n4JedEuU5p7asE617

🌐 Franchisees and franchisors find proven tactics and strategies to scale YOUR businesses - https://scalablefranchise.com/

Connect with Steven Welch:

🌐 Website - https://www.restore.com/

💼 LinkedIn - https://www.linkedin.com/in/livefreeordie/

Connect with Erik Van Horn:

🌐 Website - https://franchisesecrets.com/

📷 Instagram - https://www.instagram.com/erikvanhorn/

👍 Facebook - https://www.facebook.com/erik.v.horn/

💼 LinkedIn - https://www.linkedin.com/in/evanhorn/

  continue reading

109 episodes

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