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Tarji Carter With The Franchise Player

September 23, 2024 by Jacob Lapera

Atlanta Business Radio
Atlanta Business Radio
Tarji Carter With The Franchise Player
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Tarji Carter, the Founder and President of The Franchise Player. She created The Franchise Player to increase franchise ownership within the black community. Her goal is to provide a clear path to ownership for aspiring franchisees with franchise brands committed to fostering inclusive and diverse environments and providing a sense of belonging.

With more than a decade of experience in franchise sales and development, she has helped hundreds of small business operators realize their dream of owning a franchise while expanding the footprint of some of the world’s most delicious brands: including Cinnabon, Carvel, Baskin Robbins, Dunkin, Wingstop, Edible Arrangements, Fuddruckers, Bojangles’, and more.

She created The Franchise Game, which is the U.S.’s first and only African American Franchise Symposium and Trade Show. The event consisted of sessions from franchisees, lawyers, business development officers, and operation managers. The symposium brought together experts and industry leaders to discuss the secrets to success, challenges, and opportunities in franchising. This included a keynote speech by Damon Dunn (former NFL player, who currently owns close to 40 Dunkin’ Brands franchises).

The Franchise Scrimmage (a master class and exhibit geared towards African Americans in franchising) will be happening at Morehouse College — at the Bank of America Auditorium, inside the Shirley A. Massey Executive Conference Center on Wednesday, October 2. This is a half-day program conducted on-site at organizations/companies for employees, students, faculty, or invited guests. These collaborations facilitate a mini-tradeshow format where attendees can explore products and services from various vendors.

Connect with Tarji on LinkedIn.

What You’ll Learn In This Episode

  • What made her create The Franchise Player
  • Some of the brands she work with
  • What exactly is The Franchise Game
  • How does it differ from the Scrimmage

Transcript-iconThis transcript is machine transcribed by Sonix.

 

TRANSCRIPT

Intro: Broadcasting live from the Business RadioX studio in Atlanta, Georgia. It’s time for Atlanta Business Radio, brought to you by Kennesaw State University’s Executive MBA program, the accelerated degree program for working professionals looking to advance their career and enhance their leadership skills. And now, here’s your host.

Lee Kantor: Lee Kantor here, another episode of Atlanta Business Radio. And this is going to be a good one. But before we get started, it’s important to recognize our sponsor, CSU’s executive MBA program. Without them, we couldn’t be sharing these important stories. Today on the Land of business radio, we have Tarji Carter, The Franchise Player. Welcome.

Tarji Carter: Well, thank you for having me. Lee. This is this is a great opportunity.

Lee Kantor: Well, I am excited to learn about the franchise player. Tell us about your work. How you serving folks?

Tarji Carter: So for the last 15 to 20 years, I’ve been working in franchise sales and development for some of the world’s most delicious brands. And I realized quickly that franchising and franchise ownership is one of America’s best kept secrets. So I’ve been working diligently to get the word out to aspiring business owners. I think it’s a great way to get started in business for yourself, but not necessarily by yourself. And it’s a great way to hit the ground running with all the support that you receive from franchising an established franchise organization. So, you know, and specifically I play in the space of diverse markets or communities of color. Unfortunately, the information about franchise ownership doesn’t necessarily reach these communities in the same ways that it reaches other communities. And so I figured I can either complain about it or I can do something about it. And so that’s why I created the franchise player.

Lee Kantor: Now, can you talk a little bit about your backstory, like how did you even kind of stumble into the franchising world?

Tarji Carter: It was definitely a stumble. I was working in the hotel industry. I worked as a transient or business travel sales manager at a hotel, and the then president of Cinnabon Corporation was staying at my hotel and had a really good relationship with them. They were they were focused brands at the time, which is now go to Foods, was one of my clients, and just through relationship was offered an opportunity to work on their franchise sales team. And that was back in 2008, very long time ago. And I’ve learned so much about the industry, and it just really grew to love it and opportunities that it presents for entrepreneurs, you know, true entrepreneurs, entrepreneurs that might need a little assistance, and it just really fell in love with the fact that it’s open to any and everybody as long as you can meet the qualifications.

Lee Kantor: Now, when you were kind of on the on the team of the franchisor and you were looking for franchisees, how were you going to market at that point? Were you just like kind of casting a wide net or people were you working through franchise brokers? How were you even kind of attracting potential franchisees into your systems?

Tarji Carter: So every brand is different and they have different ways of lead generation going about lead generation. You know, there are the traditional trade shows that everyone goes to. There’s the multi-unit franchising conference, restaurant leadership conference, restaurant development and leadership conference. Excuse me. And then, you know, there are several traditional shows that the brands all go to. But I would dig a little bit deeper and try to find the shows that weren’t on the beaten path, right? They were off the beaten path and you know, but ways to get in front of audiences that my competitors were not. So we would do that. We would also work with brokers and we had a PR company. Most of the brands have a PR company that helps with lead generation. So they’ll do, um, they’ll do campaigns through social media and email blasts and things of that nature. So, um, every brand is different, like I said, and, um, you know, but but those are some of the tactics that we use. Um, and then just everyday life, if you’re on an airplane and you have on your Cinnabon shirt or your Wingstop hat, uh, you know, it strikes up a conversation and people really get intrigued with, um, the whole notion of franchising. It seems like, you know, there there’s a lot of mystery around it. So every conversation that I have with a potential candidate, um, you know, just gives me an opportunity to really open their eyes and plant seeds about how franchising could be a great addition to their existing career path. Um, it could be a plan for retirement or a way that they could invest in their children’s future by opening a family business. So it really opens up a lot of dialog around next steps in people’s lives.

Lee Kantor: Now, did you find when you were doing kind of a I mean, a full disclosure, I’ve hosted a franchising show for many years, and I’ve interviewed hundreds of franchisors and have have, um, had a lot of conversations with people in this industry. So I’m not just kind of pulling things out of the air here when it comes to this, but when you’re doing marketing in a way that you’re doing it the way that it seems like a lot of the franchises are doing it. Do you run the kind of risk of missing opportunities with groups like you’re targeting now that that they’re viable groups to target. But it’s not even in their radar. It’s not even in their kind of career path. To even think of these opportunities are for me, because they’re not the ones being marketed to in a lot of times.

Tarji Carter: Absolutely. I’m glad you brought that up, Lee. It’s a great it’s it’s a gravely missed opportunity. And so as I said earlier, I could either complain about it or I could do something about it. And I think it’s a matter of making inclusion. Right. Because diversity seems to be a bad word these days. But making inclusion a priority because it’s not just something nice to do, there’s a real business case for it. And and I think not getting in front of diverse audiences, um, can definitely impact, um, how a brand grows, how a brand is received. And so as a consultant, when I’m working with candidates, I tell them to make sure you do your due diligence. Um, on the brand and who’s at the helm from a leadership perspective to make sure you understand the culture that you’d be signing up for. And if it aligns with, with, you know, your personal morals and standards. Um, and if it would be a conducive environment for your growth. So I think it’s a, it’s a gravely missed opportunity for brands that don’t at least start to have the conversation. And so some brands that I work with, um, and I work with many great brands. Um, but some brands started at zero. And the difference is they weren’t afraid to say, you know what, Tarji, we have not done a great job in this department, but we want to do better and we could use your help. And so I love working with companies like that because they’re not too afraid to admit that, you know, there’s room for improvement. Then there are some brands that aren’t interested at all. And then there are some brands that are too proud to say that, you know, we’ve not done a good job. So, um, you know, I think there’s there are ways to, to really, um, increase ownership, um, and, and to grow the numbers from a signings perspective and openings perspective. Um, even, you know, from a marketing perspective, just having diversity or inclusion of thought when decisions are being made could really save companies millions of dollars in the long run.

Lee Kantor: Yeah. I think it’s ironic that if you look at stats of who’s starting businesses, the number of businesses, these kind of underserved markets are starting and not connect the dots that, hey, these might be good franchise candidates. You know, they they don’t have to open up their own business. They could buy an existing kind of framework for a business. I mean, I it just boggles the mind to see that it’s taken this long to have somebody like you really champion this cause.

Tarji Carter: Yeah, I have heard so many times, Lee, you know, we just can’t find qualified candidates in my response to that is always has always been and will always be. You’ll never find what you’re not looking for. And so it if you could connect the dots, you would see that in with these, you know, these quote unquote underserved communities. There are so many hard working people that are running businesses, right? They’re they’re managing their their their panels. They’re managing, um, staff and inventory, and they’re doing all the things that they would be doing within a franchise system. But because they’re not really given the opportunity, um, you know, they, they sometimes they resort to opening an independent concept or they may go in a different route. But we’re talking, you know, the folks that I’m working with are, you know, graduates of of very prestigious Stages, schools and MBAs, doctorates, you name it. And um, and so it takes unfortunately, you know, someone having an interest to create something like the franchise player in the annual franchise game to open up an opportunity for learning and networking and opportunities to, to, to, um, to really engage with brands that have an interest in being more inclusive. But we’re getting there. Last year, our franchise game event was well attended this year. Uh, it doubled in size. And so, you know, it’s growing organically with the folks that need it, um, and appreciate it. And we’re very thankful for that.

Lee Kantor: And it sounds like they’re hungry for this. This is something that is coming about at a time where there’s a bunch of interest and people taking action, not just kind of saying, you know, great job. That’s interesting. You know, they’re really. Yeah. Putting skin in the game here.

Tarji Carter: Yeah, absolutely. They’re walking away with resources. They’re networking. They’re filling out applications. They’re talking to lenders to see if they can get the financing for the development of the project. Um, it’s it’s, you know, hungry is is definitely the right word. Um, unfortunately, you know, within most franchise systems, there’s a there’s a hierarchy, right? Well, not within most, but there’s a hierarchy. And I think the, um, the approval process needs some work. Um, you know, there’s a bunch of folks that sit in this room and they, they judge whether or not this person fits the culture. Right. Sometimes it’s not even a matter of meeting the criteria because they could meet the criteria. Had this one gentleman, I was working for this company and I brought in this candidate, and he was of Middle Eastern descent, and he owned a different brand, multi-unit operator, had gotten all sorts of accolades and was just awarded like some Presidential Award for the year. And and when I asked why this person, um, didn’t think that they would be a good fit for the brand, the response was, I don’t know, I just can’t put my finger on it.

Tarji Carter: And I thought, man, like, so when you think about, you know, people bringing their whole selves to work, it becomes part of like, um, the unconscious biases slip in, right? And I think brands have to take a stand, like, where do we stand with this? Do we want to bring in qualified candidates that meet our criteria, or do we only want to bring in candidates that talk a certain way, look a certain way, have a certain type of name? Um, you know, and they need to stand by that or it’s, you know, what, we want to bring in the best candidates that meet our criteria. Full stop. How do we get to a. Yes, I think that’s the way we have to start looking at the application and approval process. And I think oftentimes those in the C-suite may or may not know what’s happening at that approval level. Right. I don’t know how, you know, there may be different levels of involvement, but I think that type of, you know, whatever the tolerance is, whatever the appetite is for, inclusion has to start at the top. That’s where culture begins.

Lee Kantor: Well, because I’ll tell you that the candidates are going onto your website and they’re looking at who your team is, and they can see right there with their eyes what you believe. You know, your actions are speaking louder than your words a lot of times.

Tarji Carter: Absolutely. You can look at the LinkedIn, right? You looked at the LinkedIn. If you follow an account, you’ll see who’s being hired and who’s being promoted and who’s being glorified. Right. It tells a story.

Lee Kantor: Now let’s dig into the franchise game. Can you tell us a little bit about that? And you know what? What people can expect.

Tarji Carter: So we just are on the heels of the franchise game. It’s our annual conference that takes place at Yum’s corporate campus in Plano, Texas this year. It was on Friday, August the 16th, and we had a VIP reception on the night before August the 15th. Um, and we had a great, a great event. Um, we had about 15 vendors, probably about 200 to 225 attendees. And we had franchisees in the room who owned, you know, maybe owner operators. And then we had some that owned over 100 units. Um, and then we also had, um, our keynote speaker was a gentleman named Roland Parrish, who owns a number of of McDonald’s franchises in the Dallas market. And he came on and and really left us with some powerful information about not just franchise ownership, but life in general and how to operate with dignity and integrity. And so our audience was really blessed by his keynote speech or his his fireside chat, I should say. Um, and it was a great, a great opportunity for, um, for, for the audience to see how someone who had been rejected by a brand on multiple occasions persevered and then became one of the top franchisees within their system. So that was great. And then we had the trade show, um, lunch was sponsored by Pizza Hut. Um, we even had the global CEO of Pizza Hut come and speak to the crowd. Um, Aaron Powell and James Frick, who’s over, um, chief equity, inclusion and belonging officer at yum. He spoke to the crowd and then Sarah Awadallah, who is also part of the the Yum! Brands team, spoke to the audience and we gave them. They gave away a couple of spots or excuse me, scholarships to their program at the University of Louisville. So it was a great event. Um, this year we said it was going to be bigger, better and bolder in 2025. I know is going to, um, to be, um, even better by leaps and bounds than it was this year.

Lee Kantor: So you have the franchise game as an annual event, but you also have scrimmages. Can you talk about those?

Tarji Carter: Yes. So the scrimmage, um, is our half day version of the franchise game that we take around the country. Um, we had one in March at the University of North Texas. We had one in Houston at uh, in conjunction with the Texas Black Expo, where the keynote speaker was, um, uh, gosh, I don’t even know if I should say it, but Shannon Sharpe and then this, uh, in in October, next month, we’re going to have a scrimmage at Morehouse College. So it’s going to be on Wednesday, October 2nd between 5 and 9 p.m. and it’s open to the, um, to all students, faculty, staff, alumni, parents and the local business community. So if anyone at Kennesaw State has an interest in learning about, um, franchising, the benefits of franchise ownership in in meeting folks who are in in that capacity today, um, it’s going to be amazing. We have, uh, multi-unit franchisees that are operating in traditional and nontraditional spaces like, uh, streetside locations, but also airports and university campuses. There will be a panel that discusses a day in the life of a franchisee. Um, our second panel is actually going to be a second session. Excuse me. Is going to be a fireside chat with Irfan Lalani. Irfan and his brother Faisal are the owners of Vibe restaurants and they own 76 Little Caesars, 50 Wingstop and five Whataburgers across 13 states.

Tarji Carter: Um, and he will have a discussion with Eric Harrison, who is a multi-unit owner of Jersey Mike’s. And so, um, that’s going to be a great session you don’t want to miss. He’s going to talk about how to get into business with your family and build an empire through franchising. Um, I will be on stage with franchise attorney Tanya Nebo of the Nebo Law Firm. Um, and we have a surprise new franchisor that’s going to join the stage with us. We just have to get confirmation on that. Um, to talk about how to convert your concept into a franchise. So that’s going to be really exciting. And then last but certainly not least, we’ll hear from Professor James Young with Morehouse College, who is going to be speaking about the economics around franchising and how to go about it the right way so that you can be successful and profitable. So that’s going to be the program from 5 to 9 p.m. on October 2nd. And we’re really, really excited about this. It’s going to be huge for the city of Atlanta. Um, and it’s just going to be a great opportunity for folks to learn about franchising in a way that they probably haven’t before.

Lee Kantor: And if somebody wants to learn more about the event, uh, where should they go?

Tarji Carter: They can visit our website, which is the franchise player.com. On the front page, you’ll see the graphic for the, uh, the scrimmage at Morehouse. Just click on that and it will bring you to more information and the opportunity to purchase tickets and exhibit booths.

Lee Kantor: Now, um, what do you need more of? How can we help?

Tarji Carter: You Would love to get more students involved, um, teaching them how they can take their, uh, their experience. Maybe they’ve worked in fast food and haven’t even considered that they could potentially be a franchise owner one day. Um, would love to get them involved so they can understand they can take those transferable skills and maximize them should they decide to own a business. Um, so anything you can do to help us get the word out to the students and even the faculty, staff and alumni, um, would be extremely beneficial to this program.

Lee Kantor: Well, thank you so much for sharing your story today. You’re doing such important work and we appreciate you.

Tarji Carter: Thank you. Lee, thank you for having me. This has been great.

Lee Kantor: All right. This is Lee Kantor. We’ll see you all next time on Atlanta Business Radio.

Tagged With: Tarji Carter, The Franchise Player

Tarji Carter With The Franchise Player

March 2, 2023 by Jacob Lapera

Atlanta Business Radio
Atlanta Business Radio
Tarji Carter With The Franchise Player
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Tarji Carter, Founder and President of The Franchise Player.

The Franchise Player was created to increase franchise ownership and wealth across the African American community. Their goal is to provide a clear path to ownership for aspiring franchisees with franchise brands committed to fostering inclusive and diverse environments and providing a sense of belonging.

With more than a decade of experience in franchise sales and development, she has helped hundreds of small business operators realize their dream of owning a franchise while expanding the footprint of some of the world’s most delicious brands: including Cinnabon, Carvel, Baskin Robbins, Dunkin, Wingstop, Edible Arrangements, Fuddruckers, Bojangles’, and more. Her focus is pushing for Black entrepreneurs to operate high-performing restaurants, while helping companies grow their brands and build wealth in the Black community.

Connect with Tarji on LinkedIn.

  • The Franchise Player
  • Franchise experience
  • Work experiences with Cinnabon, Carvel, Baskin Robbins, Dunkin, Wingstop, Edible Arrangements, Fuddruckers, Bojangles’,etc.
  • Resources she provides to aspiring franchisees and business owners

This transcript is machine transcribed by Sonix.

TRANSCRIPT

Intro: [00:00:04] Broadcasting live from the Business RadioX studios in Atlanta, Georgia. It’s time for Atlanta Business Radio, brought to you by on pay. Atlanta’s new standard in payroll. Now, here’s your host.

Lee Kantor: [00:00:25] Lee Kantor here another episode of Atlanta Business Radio, and this is going to be a good one. But before we get started, it’s important to recognize our sponsor on pay. Without them, we couldn’t be sharing these important stories. Today on Atlanta Business Radio, we have Tarji Carter, the franchise player. Welcome.

Tarji Carter: [00:00:45] Welcome. Thank you so much for having me, Lee. I appreciate.

Lee Kantor: [00:00:48] It. Well, I’m so excited to learn what you’re up to. Tell us about the franchise player, how you serving folks?

Tarji Carter: [00:00:55] So the franchise player was created out of a need. I’ve spent the past decade and a half selling franchises for some of the world’s most delicious brands. And I noticed that there was there was a huge disparity in the amount of African Americans who were franchise owners. And so throughout my career, I just really noted it was just something that stood out to me throughout the years. And I realized that it’s just a matter of bringing information, education and resources to the community so that they can be able to break down the myths versus realities and really create an achievable plan to prepare for franchise ownership.

Lee Kantor: [00:01:35] So what attracted you to working with franchises early in your career?

Tarji Carter: [00:01:40] It’s kind of a fluke how it happened. I actually was working in the hotel industry and I happened to meet the then president of Cinnabon Corporation, and before you knew it, I was on the team as a sales manager for the Carvel ice Cream brand and within eight months was promoted to director over Cinnabon and Carvel for the entire country. And that’s really how my career in franchising took off. So I, as a kid growing up in the inner city of Boston, I knew nothing about franchising. I had never even uttered the word franchise before in my life, and then was just really kind of thrust into it. And it’s been my passion ever since.

Lee Kantor: [00:02:26] Now, when you were working with the franchise or your view of the business is different, I would imagine, than somebody that’s an aspiring franchisee. Can you explain maybe some of the opportunities that that budding entrepreneur, that person who has that itch to become an entrepreneur would benefit from learning more about franchising, where, you know, there’s a playbook for success for franchisees.

Tarji Carter: [00:02:52] There is a playbook, but there’s a lot of work that needs to be done on the front end. And the preparation piece is really, I think, where a lot of folks don’t really give it as much effort as as they probably should before they sign on the dotted line. And I think the due diligence piece is also another area that most individuals don’t really take the time to to to really dig into. So I think just really having an opportunity to prepare before you inquire with a brand really helps you to get off to a great start. And and so that’s what the franchise player does. We, we prepare individuals for for that application process. They we inform them on what to what to expect, how to be ready when when it’s time to apply and some of the nuances that are involved to achieving an approval by a brand. Right. They award franchises and they award them based on a number of different criteria and every brand’s going to be different. And so someone who’s green to franchising or is just looking to pivot in in a career move or looking to add an additional revenue stream, it’s not that it’s hard, but it really does take some some some effort on the front end to ensure that you’re really vetting out the brand, the opportunity, and then whether or not franchising is a good fit.

Lee Kantor: [00:04:26] Now, it’s interesting because franchising, they’re very proud. I hosted for many years a show called Franchise Marketing Radio where I got to interview lots and lots of franchisors and to a to a franchise. They probably each of them you probably know more than me, but probably each of them have some program for veterans and they’re very proud of a veterans program, but they don’t necessarily also have a program to help underserved community members get franchises. Is this where you come in and you’re trying to fill that niche?

Tarji Carter: [00:05:03] This is exactly where I come in. So I work with a number of brands currently who are devoted and dedicated to improving the diversity within the franchisee pool. And so I’m able to work with different brands. We come to an agreement in terms of incentives. So in some cases it’s a reduction in franchise fees or royalty rates. In other cases, it’s a it’s a commitment to additional support from an operation standpoint. And so every brand is different. Every brand has something different to offer. But the franchise brands and franchisors that I work with are really dedicated to to the cause, and they understand that there is a need to really extend themselves in a way that hasn’t been extended before. And so, yes, that’s exactly where we come in.

Lee Kantor: [00:05:57] Now, are you finding that franchisors are like saying, Oh my God, this fantastic. Where have you been? We’ve been looking for somebody like you to help kind of be that bridge to help us enter that market because it is a win win situation. You’re helping them get franchisees, which is a hard thing to do.

Tarji Carter: [00:06:14] And yeah, I think they’ve been very receptive and it’s not just finding the franchisee. So the candidates that I work with, I don’t refer them to a brand unless I know they meet the criteria. So I might work with an individual today who’s not ready, but in six months or a year he could be ready. So now I can deliver this candidate to the brand with a bow, meaning their person is not going to have to work as hard or jump through as many hoops. And once that candidate enters their sales funnel, it’s a shorter sales cycle for them. And so they’ve been very receptive to that. It’s really kind of an I don’t want to say it’s an untapped market, but there’s definitely a lot of potential with what I’m doing in the candidates that come through the program.

Lee Kantor: [00:07:04] Now, are you finding the candidates open to the idea of working for a brand like the ones you mentioned, you know, Carvel or Duncan or one of those kind of. Is that meet their criteria of how they envision themselves as a business owner?

Tarji Carter: [00:07:23] You know, there’s some hard conversations that that that take place. And the hardest of them all is, you know, it doesn’t just appear right. There are some turnkey opportunities, but even with those, there’s still some work that has to be done. There’s a level of commitment that has to be present. And so once we have those conversations, in some cases, some folks come ready, they’re like, Listen, I know what it is. Let’s do it. Let’s just let’s go ahead and get started. But, you know, it’s a matter of I believe the franchise player is really a safe space for people to come and kind of dip their toe in the water and see if franchising is truly an opportunity. So we have those real life tough conversations and sometimes it works out where they’re ready to move forward. And sometimes it’s it’s a matter of, you know what, this isn’t a good fit for me because I’m really a true entrepreneur. I want to do things in my own way. I want to make my own rules kind of thing. And so, you know, just a really again, going back to separating the myths from the realities as it relates to the business model.

Lee Kantor: [00:08:29] And that’s one of the realities of the business model, right? Like a franchise is a kind of baked situation. They have rules. You know, you can’t be grilling your burgers at McDonald’s because you think it tastes better. Like there are certain ways that we do things at a given brand.

Tarji Carter: [00:08:47] Absolutely. And that’s what you’re buying into. You’re buying into the process. The systems. Typically, it’s a battle tested approach to that particular industry. Right. And so you’re buying into the experience. You’re benefiting from the mistakes that the brand has made and you’re able to basically reap the benefits of it. And so when you explain it, you know, and I can I can take the time to explain it because I’m not working for a brand. I’m not the clock isn’t ticking for me. Typically, most brands, when you’re working for Brand as a franchise sales person, you know, there’s a there’s a certain window, right? You need to have this deal closed within a certain amount of time. So the franchise salespersons, hand hands are kind of tied. They don’t have as much time that I have to prepare the candidate. They’re really expecting the candidate to come already prepared and knowing that they want to move forward and make the decision to become a franchisee again, should they should they be approved by the brand?

Lee Kantor: [00:09:47] And again, that’s one of the trade offs of a franchise model, is that they have systems and they have a methodology on how they do what they do. So if you don’t fit cleanly into it, they’re not usually they’re not the people who color outside the lines very often.

Tarji Carter: [00:10:04] That is correct. And sometimes when I work for corporate offices, some more times than not, it wasn’t one individual that met all of the criteria. Typically, it’s a group of folks, right? Someone might be their strength might be in real estate, someone else might be really good at the HR piece. And so the franchise player, we can we can work with individuals to help them build that infrastructure before they go to the brand, because the goal is ultimately to get them approved so that they can become a franchisee and start to create generational wealth.

Lee Kantor: [00:10:43] And are you a franchise broker or do you work with franchise brokers or are you something altogether different?

Tarji Carter: [00:10:50] I mean, I don’t know that any broker even likes that term, but I guess in a sense, yes, I would be a broker. So I but I work like both ends of the candle, right? So I’m working with the candidates to prepare them for the brand. I’m working with the brand to help them find the right candidates. And so it’s it’s a win win for everyone.

Lee Kantor: [00:11:10] So now in your methodology, you have something called pick your position. Can you talk about that?

Tarji Carter: [00:11:16] Absolutely. So pick your position is really just a self identified identification method. We have four different positions. The first would be in operations, someone that works in operations currently, maybe they are director of operations for a brand and they’re looking to move into an ownership position. So that’s position number one. Position number two is someone who is there in a different career altogether. But they they’re intrigued by franchising. They want to invest in some into something they’re not quite sure just yet what that might be. And so that’s the the the individual who is who is a professional but is looking to move into franchising, whether it be full time or part time, that would be position number two. Position three is the existing franchisee with another brand who’s looking to diversify, possibly even take down some larger acquisition deals. I work with brands who have pretty large opportunities for acquisition and in and I have some candidates that fit that third, that third position who I can then partner with these larger brands. And then the fourth position is someone who has a they have a concept and they want to eventually convert it into a franchise. So I, you know, all things franchisee, I don’t know everything about franchising, but I know enough to have a really strong team around me that can help with different aspects in different disciplines within the process.

Lee Kantor: [00:12:56] And something that I’m sure you found was while working inside that world, the insider world of the franchise, or you were seeing a lot of folks, franchisees, especially attaining a lot of wealth, that generation, generational wealth you were talking about. And you want to, you know, open that opportunity up to folks that maybe not necessarily even thought of that path.

Tarji Carter: [00:13:20] Yeah, they may not have thought of it or the opportunity was just never presented. Right. So, you know, we’re not talking about folks who don’t have a solid professional background. And, you know, these folks are just looking for new and new, new, newer ways to create that wealth. And so, yeah, we definitely want to make sure that we’re providing those opportunities to them and and then making sure that the brands are committed to the to the cause of what we’re what we’re doing, which is really franchising with integrity. Right? We think everyone deserves an opportunity. There’s enough to go around for everyone. And you know, we want to work with brands that that want to figure out how do we get to a yes with your candidate. Right. Something may or may not be off, right? There may be a group that I work with that that’s ready to just kind of hit the ground running. But what I found a lot of times in not just with the minority groups, but just in general, when when I would work with different different individuals or groups, I noticed that most folks who work in operations, right, they’re dedicating their lives to the work that they do.

Tarji Carter: [00:14:35] And so oftentimes they’re they’re away. They’re on the road a lot. They’re really focused on work. So in most cases and I might be speculating a little, but there’s usually some sort of a ding on the credit or maybe there’s a they might not have the financial wherewithal to enter into this opportunity on their own. And typically there’s an explanation for that. And if we can have that conversation, if the brand allows us to dig a little bit deeper versus saying, hey, you don’t meet this criteria here, so we have to decline you if they’re willing to have a conversation, because sometimes it’s a matter of, you know, maybe there was a divorce. Right. And we know how that can turn out. Right? Usually people take a hit on their finances, their credit. You know, it’s not a fun situation in some of the brands that I work with are willing to have those conversations, conversations and not just decline someone because this one particular metric wasn’t met.

Lee Kantor: [00:15:32] Right. Which could just be a function of timing.

Tarji Carter: [00:15:35] Absolutely. It happens more, more times than people even. And this is a conversation no one really talks about. And when I was working for different corporations, I would bring this up in meetings and I would notice like a light bulb would go off. Like most people don’t even think about it. Like life is happening for everyone. You know, individuals are not just numbers in words on a piece of paper. There’s a human being behind that, that the computer, that application. And if we can figure out how we get to a yes, I think it opens up a world of opportunity for everyone.

Lee Kantor: [00:16:09] So now what is it like been for you going this entrepreneurial route, you know, outside the protective coating of the franchise of a franchise or a larger corporation?

Tarji Carter: [00:16:23] I think it’s been great for me because I’ve worked for a lot of different brands. You know, some folks have spent their whole career at one brand and that’s all they know. I’ve worked for over ten brands in 15 years, and that might seem like a lot to everyone, to some folks, and it is a lot. However, I’ve gained experience from all these different brands that I now have that no one else has, right? No one no one’s walked in my in my shoes down that path of all of these different brands. And so I think working independently allows me to tap into everything that I’ve learned and and apply it in different ways. And I’ve met so many great people and I’ve been able to just kind of garner so many different resources that I’m I think I’m better utilized in this in this capacity versus being kind of captive with just one brand at a time. So I’m able to have relationships with many different brands and take the time, like I said earlier, with the candidates to figure out what’s the best opportunity. So maybe one candidate is is more qualified for something that is is is like maybe a snack brand or someone else might be want something or be a better fit for a pet services concept. Right? So I get that I have the ability and the flexibility to really. Feet in the dirt, get in the mud with the candidates and really figure this thing out. How do we make this fit for you?

Lee Kantor: [00:17:58] And that’s an important thing. You brought up that a lot of people think of franchising. And the first thing that comes to their mind are these food franchises. But there are franchises in pretty much every industry niche that you can imagine, and it’s just a matter of matching up the the person with the right fit.

Tarji Carter: [00:18:16] Absolutely. It’s almost like 300 different industries. Right. And so the different there are different industries, there are different price points, investment, investment points. And and it’s not one size fits. All right? You have to really dig into what is this individual bring to the table, what are their passions, what is their financial wherewithal? Do they have a team that they can put together that again, back to the initial what we discussed earlier in the conversation, you know, who on their team can handle which disciplines within their within their infrastructure. And so I think it just really opens up a lot of opportunity.

Lee Kantor: [00:18:59] So what do you need more of? How can we help you? Do you need more relationships with franchisors? Do you need more folks to raise their hand and say, Hey, I’m open to this, I want to learn more about franchising? How can we help you?

Tarji Carter: [00:19:11] Thank you for asking. I really appreciate that question. Yes, I mean, all of the above, right? We want to work with brands that that recognize that there is a need for some change. Right. We want to work with brands that say, listen, we we’re starting from ground zero. We know we haven’t done a great job of bringing in diverse candidates. And we recognize that. And you know what? We want to make a commitment to do better. Those are the brands that we want to work with because we think about it. You know, you have to start from somewhere, right. And some some just people in general, just our human nature is we don’t want to admit where we fell short. Right. And no blame here. We don’t want to sit here and point fingers or anything of that nature. It’s a matter of partnering with the brands that get it and want to grow and do better. And then also tap into this, this, this, this, this pool of candidates that they may not have considered before. So, yes, we would love to work with with brands that that that have this as a priority. Right. We don’t want to work with brands that where it’s just kind of a pie in the sky idea. We want to help bridge that gap. And so if there are brands out there that want to partner with what we’re doing here, we would love to talk to them.

Lee Kantor: [00:20:34] So if they want to learn more, what’s the website? What’s the best way to connect with you or somebody on the team?

Tarji Carter: [00:20:40] Absolutely. So the best way to connect is to email me info at the franchise player or visit the website, which is the franchise player dot com.

Lee Kantor: [00:20:52] Good stuff. Well, congratulations on all the momentum and you’re doing important work and we appreciate you.

Tarji Carter: [00:20:58] Well, thank you so much. And thank you for having me.

Lee Kantor: [00:21:01] All right. This is Lee Kantor. We’ll see you all next time on Atlanta Business Radio.

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