Let's Talk About It with Kika the owner of Black Box Franchising cover art

Let's Talk About It with Kika the owner of Black Box Franchising

Let's Talk About It with Kika the owner of Black Box Franchising

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In this enlightening episode, host Jimmy Mortgage welcomes entrepreneur Kika to discuss the powerful business strategy of franchising.

Kika explains that franchising enables business owners to expand by teaching others to operate their systems and processes without using their own capital, allowing growth through franchise investment.

She shares the surprising statistic that out of 33 million small businesses in the US, only 4,000 are franchises, and less than 1% of these franchise brands are Black-owned.

Kika reveals her own journey into franchising, which began with her stretching studio founded in 2011. Drawing on her background as a professional dancer, she developed the "Kika Method" - specialized techniques for assisted stretching that target hidden muscles and release tension.

After establishing multiple locations, she turned to franchising as a solution to expand without burning herself out. This decision led her to become passionate about the franchising industry and helping others follow a similar path.

She and Jimmy also discuss the importance of real estate decisions when establishing franchise locations, with Kika emphasizing that while ownership is ideal, entrepreneurs need to be creative in finding funding solutions in today's challenging economy.

In one of the most inspiring moments of the interview, Kika shares how her business was featured on the front page of the New York Times business section at the same time her main location had caught fire - a powerful reminder that opportunity can emerge during our darkest moments.

Throughout the conversation, Kika's entrepreneurial wisdom shines through, particularly when she notes that "the best way to make money is to teach others how to make money."

She also reveals that her non-negotiable priority is never putting business before family, which is why she values the flexibility entrepreneurship provides.

Connect With Kika

https://www.instagram.com/blackboxfranchising/

https://www.instagram.com/kikaiam/

https://blackboxfranchising.com/

TikTok @‌KIKAIAM

Connect With Your Host Jimmy Mortgage

https://www.instagram.com/jimmy.mortgage/

https://www.youtube.com/ @‌jimmymortgage9515
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