John Hewitt | On Selling a Company for 1 Billion Dollars in Todays Money and then building two more from scratch

The Money Mindset Mentoring Podcast

John Hewitt joins Steve Hamoen to discuss the reality of self-employment and the importance of personal responsibility. The episode begins with an overview of John's illustrious career and delves into facing challenges and character building. They emphasize learning from mistakes, embracing failure, and mastering delegation and management styles. The conversation covers hiring philosophies, leadership strategies, and the critical role of listening in leadership. They discuss cultivating a culture of continuous improvement, integrity, and the importance of improving employee lives. The episode concludes by highlighting the relationship between hard work, perseverance, and a competitive mindset in business and sports.

About John Hewitt Link: https://www.youtube.com/@loyaltybrands?sub_confirmation=1 https://loyaltybrands.com/

BIO: For today's episode of Money Mindset Mentoring, we have a special guest, John Hewitt, the CEO and founder of Loyalty Brands. John’s influence in the franchise world is monumental, having founded two of the most recognized names in tax preparation: Jackson Hewitt and Liberty Tax Service. With over 55 years of experience, John has transformed the tax preparation industry through innovations like decision-tree tax-preparation software, which became the standard for the entire industry.

John's latest venture, Loyalty Brands, which he launched in 2018, brings together multiple complementary franchises like ATAX Tax Service, Ledgers Accounting, and Loyalty Business Brokers. His vision with Loyalty Brands is to provide entrepreneurs with a synergistic business system that drives growth through collaboration between various services. His success formula emphasizes delegation, mentorship, and building lasting client loyalty, helping franchisees achieve rapid growth and financial stability.

In today’s discussion, we’ll dive into John's business strategies, how he’s managed to build two multi-million dollar companies, and what keeps him motivated after all these years. John will also share his insights into the importance of mindset and perseverance in entrepreneurship, and how he helps aspiring business owners find success through his mentorship programs at Loyalty Brands.

Listeners, you’re in for a masterclass on growing businesses and building wealth from one of the most influential minds in the industry!

(0:00) The reality of self-employment and personal responsibility (0:53) Introduction and overview of John Hewitt's career (2:12) Facing challenges and the importance of character building (3:42) Learning from mistakes and the value of embracing failure (6:56) Mastering the art of delegation, management styles, and effective communication (13:02) Hiring philosophies and leadership strategies (18:14) The role of listening in leadership and franchisee feedback (23:09) Cultivating a culture of continuous improvement and personal growth (25:34) Commitment to integrity and improving employee lives (29:10) The relationship between hard work, perseverance, and success (33:49) The competitive mindset in business and sports