Gen Z Is Rethinking Business Ownership — Here’s What They See | Dr. John P. Hayes - With DiAnne Donley
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Gen Z Is Rethinking Business Ownership — Here’s What They See | Dr. John P. Hayes - With DiAnne Donley
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The Franchise Hot Seat podcast features an interview with DiAnne Donley, a junior at Palm Beach Atlantic University. Donley, an honor student majoring in entrepreneurship and franchising with a minor in psychology and leadership certification, shares her aspirations of becoming a business coach. She reveals her transition into the franchising program after discovering the opportunities at the Titus Center and realizing that franchising is not limited to fast food but is a system-based process that requires coachability. Donley's internship experience led her to publish thought pieces on LinkedIn on topics such as the loss of "third spaces" by Gen Z, students' wait to feel qualified, and the importance of "figuring out" as a skill. One of her articles garnered over 4,000 interactions, mostly from senior professionals. Donley also draws a connection between franchising and coaching through systems and accountability. She discusses leadership themes like integrity and serving franchisees, and stresses the importance of applying classroom theory to real-world situations. She provides insights into the initial due diligence required by franchisees, such as understanding the realities of being an owner-operator and reviewing Franchise Disclosure Documents (FDDs). Donley also offers advice on networking, overcoming remote work challenges, and selecting schools that offer hands-on opportunities and internships.
- With DiAnne Donley
TIMESTAMPS:
02:50 Franchising Isn't Just Fast Food.
04:00 Franchising Needs Business Coaches.
07:25 Gen Z Lost Its Third Spaces.
09:45 Students Wait Too Long To Feel Qualified.
11:05 Figuring It Out Is A Skill, Not A Moment.
12:45 Adaptability Beats Knowing Everything.
14:45 Franchising Teaches Systems And Accountability.
17:35 Integrity Is Doing Right When Nobody Watches.
20:00 Coaches Can Take Load Off Franchisors.
22:30 Telling People What You Want Opens Doors.
26:00 Students Should Post Ideas On LinkedIn.
32:00 Remote Work Needs A Separate Space.
LINKS:
WEBSITE: http://franchisehotseats.com/
LinkedIn: https://www.linkedin.com/in/drjohnhayes/
Twitter: https://twitter.com/drjohnhayes
YouTube: https://www.youtube.com/c/Howtobuyafranchise
Instagram: https://www.instagram.com/hayesjph/
TikTok: https://www.tiktok.com/@johnphayesfranchise
Pinterest: https://www.pinterest.com/DrJohnHayes/
Facebook: https://www.facebook.com/franchisehotseatpodcast