Determining If Your Business is Right for Franchising with Jason Anderson of Venture X

Author: Josh F. Brown
07/09/2019

Rich with franchising, real estate, marketing and technology experience, Jason Anderson leads the Venture X brand. Jason oversees all aspects of the growth and development of this dynamic business after serving in other leadership roles at United Franchise Group including President of Accurate Franchising and Chief Technology Officer. Jason also has strong real estate management skills which he honed as the founder of Premier Property Marketing Group in Dallas. It was in that capacity that he was recognized by Forbes Magazine in their coveted “30 Under 30” list which chronicles the brashest entrepreneurs across North America.

Key Takeaways:

[0:18] Today’s episode of Franchise Euphoria is brought to you by IndyFranchiseLaw.com, a leading resource in the franchise space. Head over to IndyFranchiseLaw.com learn more!

[0:59] Josh introduces today’s guest, Jason Anderson, the president of Venture X.

[2:20] Josh welcomes Jason to Franchise Euphoria.

[2:41] Jason leads the audience through his experience with franchising and what led him to Venture X.

[4:27] Before joining up with United Franchise Group, Jason went through the process of franchising his own real estate business.

[9:47] Jason explains how United Franchise Group is involved with the Venture X brand.

[11:27] Venture X is a high-end, shared workplace franchise.

[12:57] To Jason’s knowledge, Venture X is the only opportunity in coworking that isn’t split ownership (i.e. all franchises, no corporate).

[18:01] Some of the differentiators between Venture X and it’s competitors include high-grade furniture, larger work spaces, and soundproof barriers between other offices.

[20:10] Venture X is targeting a variety of different spaces and locations to provide better access to more potential tenants.

[21:43] Jason shares that what a lot of their franchisees like that they provide for the coworking industry is their readily available data that is documented through third-party resources.

[23:52] Currently, Venture X has 21 locations open and about 84 sold to be open. These numbers encompass 26 countries across the globe, but they are still looking to expand in the US as well.

[28:05] Jason would encourage any potential franchisors to ask themselves why it is they think franchising their business is the answer.

[35:15] If you want to learn more about Venture X, you can visit their website listed below.

[35:32] Thanks for listening, and please, reach out to Josh anytime through email at josh@franchiseeuphoria.com. If you enjoyed this interview, please leave us a review on iTunes.

Mentioned in This Episode:

josh@franchiseeuphoria.com

www.franchiseeuphoria.com

www.indyfranchiselaw.com

How to Franchise Your Business by Jason Anderson
www.venturexfranchise.com

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Josh Brown

Hi! I’m Josh Brown, franchise attorney and creator of the Franchise Euphoria podcast. I’m just your average guy who loves to golf, eat hibachi, and immerse myself in the ever-expanding franchise world.

My goal is to navigate entrepreneurs and all people interested in the current events of franchises through all the hottest topics and most popular tools for success. Going on four years now, Franchise Euphoria is hotter than ever and ready to help you plan and execute a pathway to success.

Josh Brown

Great and applicable information from professionals in the franchise world that are doing it every day. I’ve listened to 3 episodes: Gutter Brothers, Woofies, and Cycle Bar. Enjoyed all and looking forward to hearing more.

Highly recommend. Great guests. Filled with tons of helpful information.

Josh and his wide variety of knowledgeable guests are truly rockstars! They deliver quality (and free!) franchise knowledge and advice in each and every episode. The great advice they provide, combined with the engaging way they deliver it had me hooked from the very first listen. Thanks for putting out such a stellar show Josh - keep up the great work!

This podcast provides the advice necessary to start building, growing, and scaling your business TODAY! The host asks probing questions of his guests that add value to the listeners in an immediately implementable way!

What do you get when you combine business savvy, legal expertice and a great personality? You get the ultimate podcast for franchise owners. Josh Brown brings it all togehter perfectly with Franchise Euphoria. Not only does he possess all of the skills and abiliites above, but he has great guests, asks awesome questions and created the ideal podcast for this niche. If you have a franchise, or are considering it, subscibe to this show and consume all of the content!

Started listening to Josh's podcast after the wife and I decided to buy a franchise and I quickly went through about 200 episodes on 1.5x & 2x, before signing on to purchase a franchise. Josh's info was an invaluable part of our decision to buy, and after listening to so many episodes, I felt like I knew and trusted him on a personal level, so it was a no-brainer to enlist his services when it came time to review the franchise agreement. Josh was super easy to talk to and very empathetic to our needs, and being first time business owners, we needed all the empathy we could get. Josh helped us negotiate a great deal with the franchisor and we were very happy with his services. Great podcast, great guy, great service to anyone involved in the franchise world!

Very interesting discussion. I found the information valuable.

I've just completed the legal process of franchising my business and have now begun selling franchises. Just found this podcast and it's an incredible resource! Great content and Josh is a very engaging host. Highly recommend for franchisors and franchisees.