Building An Empire With Bedros Keuilian

20 Jul 2017 · 60 min
Episode

20 Jul 2017 · 60 min

0:00

Podcast episode (Bacon Wrapped Business) recorded July 20, 2017. Host Brad Costanzo interviews entrepreneur Bedros Keuilian about his immigrant origin story, early Internet businesses (late 1990s), and the creation and rapid growth of Fit Body Bootcamp (licensed 2010, franchised January 2012). Key covered topics: franchise mechanics and regulatory/audit burdens; unit economics and startup ranges; marketing tactics (Facebook/video, retargeting readers of niche publications, low-barrier offers retained by corporate and handed to franchisees); the '5% rule' (delegate/motivate/sell = core tasks kept by owner); expanding via masterminds and recruiting experienced talent via LinkedIn to 'time collapse' growth; Bedros's forthcoming book Man Up (release July 2018). Episode mixes tactical guidance, concrete cost/numbers, and personal anecdotes.

Questions this episode answers

July 20, 2017.

January 2012.

From ~90 locations to just over 500 locations in ~5 years; adding ~17–20 new locations per month.

Buy-in $25,000; monthly royalty $695.

Approximately $15,000 (bootstrap) to $50,000 (high-end).

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