Why Gen Z Is Ditching Corporate Jobs for Franchising - With Leanna Carlson and Ethan Stayte
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The Franchise Hot Seat Podcast features an interview with Palm Beach Atlantic University students Leanna Carlson and Ethan Stayte, who are studying franchising at the university's Titus Center. Leanna, an international business, entrepreneurship, and franchising student, was inspired by her father's State Farm agency model and her aspiration to merge faith with business. Her focus is on international franchising, driven by her travel experiences and the potential of the global market. Ethan, a marketing major nearing graduation, chose PBA for its Christian community and franchising program. He has had several franchising-related marketing internships with companies like Grills, Bear Naked Kitchen, Retro Fitness, and United Franchise Group. His career goal is to work in franchise development or sales and eventually become a multi-unit franchisee. The host highlights the benefits of PBA’s franchising concentration, the high demand in the industry, access to franchising leaders, and the upcoming IFA convention. They discuss the reasons why more students don't pursue franchising, primarily due to lack of awareness and misconceptions that it only involves working at brands like McDonald’s. They propose better promotion of the program and the new entrepreneurship and franchising major. The discussion also touches on franchise affordability, financing options such as SBA loans, service-brand franchising, multi-unit/multi-brand growth, and franchising as a means to long-term and generational wealth. - With Leanna Carlson and Ethan Stayte.
TIMESTAMPS:
00:00 Meet the Student Guests
00:40 Leanna Finds Franchising
01:40 Ethan Transfers for the Program
02:40 Why PBA Titus Center Stands Out
06:16 International Franchising Dreams
10:51 Ethan’s Career Path and Internships
13:39 Networking and Mentorship Wins
22:39 Growing the Program Awareness
30:43 Franchise Ownership Myths and Wrap-Up
LINKS:
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