Franchise Update Magazine Issue I, 2016 | Page 32

Female Founders of accomplishment in building a business from scratch, particularly one that makes people smile and that creates jobs. Working alongside my husband and an amazing team makes it even better. Hardest: Particularly as an emerging brand, when it’s all getting off the ground there is a heavy sense of responsibility. A lot of people are counting on you, from employees to franchise owners, to get it right. It can also be a little lonely sometimes making some tough decisions that you know are better in the long run. How did you grow the brand at first? What changed as you expanded? When we first started franchising, we used a lot of third-party providers for everything from lead generation to real estate. They had the expertise and relationships we needed, and enabled us to better manage cash flow. But as we emerged into young adulthood, we brought many of those areas in-house. Another change is how we approach our growth geographically. We’re more focused on specific markets and venues than in the past. We know a lot more about where and how we’re going to be successful. How did you transition from founding a brand to leading a brand? There was a point when we were concerned about growth and getting traction. But once we had 15 or so franchise owners, it was a turning point to start building processes to manage and support the franchise base. We started to hire specialists and trust them to take over a subset of responsibilities that we used to manage ourselves. That wasn’t easy. Being more hands-off is hard. But at some point you realize that the business needs you more for a strategic vision versus the day-to-day. How would you describe your leadership style? My ultimate goal is to be a coaching leader. I also try to play more of a project manager role, making sure team members are getting the information they need in the most efficient way possible to keep the ball moving in the right direction. What is the key to your company’s success? Product and people. 30 BEING FEMALE Was being female an advantage or disadvantage for you in building your company? How? Our business is successful not because I am a woman or my husband is a man. It’s about the individual skill sets we each bring to the table and how they complement each other. I came from Fortune 500 companies and Rob was a born entrepreneur, so we think a little differently and that makes for a great partnership. I will say, however, that some of our best franchise owners are couples or families. The fact that my husband and I have that same dynamic is helpful. What has been your biggest challenge as a woman entrepreneur? Even in an executive position or in owning my own business, sometimes I have felt like I had to prove that I earned my seat at the table. Whether it was truly necessary or imaginary, there have been circumstances where deep down I felt a need to show that I’m worth my value and more. Judging by conversations I have with female counterparts, I’m not alone. Why do you think there are fewer start-ups with female founders than “Our business is successful not because I am a woman or my husband is a man. It’s about the individual skill sets we each bring to the table and how they complement each other.” male ones? Generally speaking, when it comes to raising money, women have a hard time asking for what they want to get their idea off the ground. I think this is changing, but this is what I have personally observed with women entrepreneurs I have mentored over the years. What do you think is the biggest issue for women in the workplace? Communicating in an effective and honest way what we need and deserve is critical, and that goes for both women who own their own companies and for women working for someone else in a more traditional environment. But first we have to convince ourselves we are worthy before we can convince others. This is one of the reasons there is still a culture that includes unequal pay and women with children leaving the workplace. I don’t believe we are always comfortable making sure we are heard and that our needs are addressed. From a woman’s perspective, what notable changes have you seen for women in franchising since starting your brand? I’ve definitely seen more women becoming the face of leadership at the IFA. When I started it seemed speaking positions and panels were mostly maledriven. More recently I have seen leaders such as Catherine Monson, Shelly Sun, Dina Dwyer-Owens, Jania Bailey, and many others taking on leadership roles and I’m seeing more women