Gary Findley, best-known for building the Curves fitness empire, shared his story of overcoming bankruptcy and flourishing in franchising to begin the Titus Center for Franchising Advisory Board meeting on Tuesday.
Titus The self-described 鈥渞edneck CEO,鈥� wearing jeans and cowboy boots with a button down shirt, spoke to about 120 students and business leaders prior to a student panel and formal meeting.
Before Findley got into business for himself, the native Texan ranched, farmed and worked on a railroad.
鈥淚t was this workstyle that made me a non-typical CEO,鈥� Findley said.
His strategy is to hire people he trusts who know what they鈥檙e doing and leave them alone, no matter what kind of franchise he鈥檚 growing. He builds franchises by building teams, he said.
Findley has performed menial tasks at fitness clubs and owned them. He鈥檚 experienced bankruptcy and financial comfort. He鈥檚 run a carpet-cleaning truck for a franchise of The Dwyer Group and worked as Dwyer鈥檚 vice president of franchise sales. (It has since changed its name to Neighborly.)
The Dwyer Group staff worked odd hours. Even at 9 or 10 p.m., founder Don Dwyer would take Findley into his office and coach him on the business. Findley vowed to pay the mentoring forward whenever he succeeded.
He left a steady paycheck at Dwyer when he made a handshake deal to work on commission selling women鈥檚-only fitness club franchises. Curves targeted small towns, and there was no competition. The company grew to 8,000 units in eight years, Findley said.
鈥淩ight place. Right time. Right opportunity,鈥� Findley said of the experience.
Findley is now CEO of Restoration 1 Water Damage Experts and bluefrog Plumbing + Drain. His new goal is to build a conglomerate of service brands. Although there鈥檚 nothing 鈥渟exy鈥� about plumbing, it meets his criteria for choosing business ventures: It requires a low investment, low overhead and no brick and mortar properties. It鈥檚 recession-resistant with high profit margins.
Findley concluded with praise for the opportunities that 海角在线 students have to learn from the best professors.
StudentsAfter the lecture, a panel of students shared with Titus Center Advisory Board members how valuable their internships, jobs and career exploration opportunities have been.
Marketing and accounting major Eva Bracciale 鈥�20 said she was particularly inspired by a previous visiting speaker, Aziz Hashim, a quick-service restaurant franchisee turned franchisor.
鈥淲hen he was talking about franchising, it just started to make sense. I used to be very intimidated by what the future would look like,鈥� Bracciale said. 鈥淓ver since adding the franchising concentration, not having the five-year plan is more exciting than intimidating. There are so many options now.鈥�
Megan Widdig 鈥�21, a management major, learned she has an interest in the corporate aspect of franchising. She interned at United Franchise Group and works as a catering manager at Ben & Jerry鈥檚 in Delray Beach.
Of her 海角在线 education, she said, 鈥淚t鈥檚 given me plenty of opportunities I never would have had in southern Ohio.鈥�
Aaron Rose 鈥�19, a management major, questioned if he was underutilizing his opportunities at 海角在线. When the franchising concentration became available, he was the first to enroll. In addition to growing online sales for his family鈥檚 auto parts business, Rose has interned with United Franchise Group and Chick-fil-A, where he strategized to help franchises implement a corporate initiative to increase customer utilization of their app.
Bobby Cano 鈥�20 was a transfer student who switched his major from economics to management and signed up for the franchising concentration. He interned at one local Chick-fil-A and has since risen to director of operations for the drive-thru at another.
He also is a franchise support coordinator for TBC Corporation. He is working with the company to launch their Discovery Days program, during which people who are serious candidates to own franchises come to a company鈥檚 headquarters to see their operations, marketing and support. It is the last discussion before the purchase of a franchise.
President William M. B. Fleming, Jr. thanked the advisory board members for their mentoring of students and advising of the franchising program.
鈥満＝窃谙� from its founding was anchored in the free enterprise system,鈥� Fleming said. 鈥淚鈥檓 so thankful that each of you is a free-enterprise champion.鈥�
