Brian Scudamore: Start A Business | E168

Young and Profiting with Hala Taha

This week on YAP, author and serial entrepreneur Brian Scudamore is back to talk about his new book, BYOB: Build Your Own Business, Be Your Own Boss. Do you want to own your own business, but don’t know where to start? There are two main paths to starting your own business, blank slate and franchising. But which is right for you? In this episode, Hala and Brian dive deep into the two paths to owning your own business, discuss Brian’s new book BYOB: Build Your Own Business, Be Your Own Boss, cover the 4 H’s of business success, and chat about what Brian has learned about the entrepreneurial journey along the way.

Topics Include:

- Brian’s background in entrepreneurship

- Why he became an author

- Summary of Brian’s new book BYOB

- Two paths to owning your own business

- Flywheel of Business

- What Brian means by a “Painted Picture”

- Getting on Oprah and the importance of human capital

- The entrepreneurial myth

- The importance of failure

- How to decide which entrepreneurial path to take?

- 3 necessary traits for a Blank sheet businesses

- Brian’s failure with “You Move Me”

- Rapid Fire about types of entrepreneurs

- The 4 H’s applied to franchising

- What to look for in a franchise system?

- Brian’s Actionable Advice

- Brian’s Secret to Profiting in Life

- And other topics…

Brian Scudamore is the founder and CEO of O2E Brands, the parent company of 1-800-GOT-JUNK?, WOW 1 DAY PAINTING, and Shack Shine. Each brand has franchise locations in every major metro city in North America and Australia.

Brian is the author of the books WTF?! (Willing to Fail): How Failure Can Be Your Key to Success, BYOB: Build Your Own Business, Be Your Own Boss. He is also a regular contributor to Forbes, writing about small business ownership, franchising, and building corporate culture.

His companies have appeared on major media outlets including ABC Nightline, Good Morning America, Dr. Phil, CNN, The Today Show, Oprah, and CNBC. His story has been featured in Fortune Magazine, The New York Times, Huffington Post, and The Wall Street Journal.

Sponsored By:

ExpressVPN - Visit my exclusive link ExpressVPN.com/yap and get an extra 3 months FREE on a one-year package.

Jordan Harbinger - Check out jordanharbinger.com/start for some episode recommendations

Wise - Join 13 million people and businesses who are already saving, and try Wise for free at Wise.com/yap

Credit Karma Personal Loans - Go to creditkarma.com/loanoffers to find the loan for you

Resources Mentioned:

YAP Episode: #76: From Trash to Cash with Brian Scudamore

https://www.youngandprofiting.com/76-from-trash-to-cash-with-brian-scudamore/

The E Myth by Michael E. Gerber: https://www.amazon.com/Myth-Most-Businesses-Dont-About/dp/0887303625

Brian’s Books: https://www.amazon.com/Brian-Scudamore/e/B07HYJ8FSS?ref=sr_ntt_srch_lnk_1&qid=1650302541&sr=1-1

Brian’s Website: https://www.o2ebrands.com

Brian’s Linkedin: https://www.linkedin.com/in/scudamore/

Brian’s Instagram: https://www.instagram.com/brianscudamore/

Brian’s Twitter: https://twitter.com/brianscudamore

Brian’s Facebook: https://www.facebook.com/bscudamore/

Connect with Young and Profiting:

YAP’s Instagram: https://www.instagram.com/youngandprofiting/

Hala’s LinkedIn: https://www.linkedin.com/in/htaha/

Hala’s Instagram:https://www.instagram.com/yapwithhala/

Hala’s Twitter: https://twitter.com/yapwithhala

Clubhouse: https://www.clubhouse.com/@halataha

Website: https://www.youngandprofiting.com/

Text Hala: https://youngandprofiting.co/TextHala or text “YAP” to 28046