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This young Black woman just became the first Black woman to own a Subway franchise owner in Duluth, Georgia.
Hakika Wise became a successful franchisor and now she's using her wealth of knowledge to turn other self-made entrepreneurs into franchisors as well.
“It all starts with a desire. How hard do you want to go?” is the question that Dennis McKinley says all people should ask themselves if they have the interest in hopping on the franchise board. The Black Tech Green Money podcast is all about giving listeners the necessary keys to not only get to the money but achieve success while doing it. Host Will Lucas is joined this week by McKinley, who automatically has that hustler spirit having been born and raised in Detroit, MI. An investor, restaurateur, and all around serial entrepreneur, McKinley not only secured the rights to The Original Hot Dog Factory housed in Atlanta, GA, back in 2015 but revamped and rebranded the business to set it on a new path to success. He tells Lucas about how it all started at Subway, explains how he stumbled upon The Original Hot Dog Factory and gives us the blueprint on how to achieve that same success as a franchise operator. For McKinley, he was blessed at a young age to have mentors and teachers who...
Although the median age for franchise owners is between 45-54-years-old, according to statistics, this new franchise owner doesn’t seem to fall in that category. Skyler Blacknall, 31, belongs to a unique group of entrepreneurs who are able to secure the capital needed to get started at a young age. Blacknall recently purchased his first Smoothie King located in Forth Worth, TX, and is currently negotiating his second with the ultimate goal of owning a total of 25 locations. “I’ve always been big on health, so that drove the decision,” he told Black Enterprise. “I lost my mother, my brother, and my cousin all to different health-related issues, so in a way, my career choice is also a dedication to them as well. I researched different brands and healthy concepts prior to making my decision. I knew that with an investment this size, [it] had to be something I could stand by.” Blacknall also opens up about the difficulty in finding plant-based options in Texas. “As someone with a...