How One Career Pivot Turned Into a Million Dollar Franchise with Patrice "Sway" MckinneyAND This

How One Career Pivot Turned Into a Million Dollar Franchise with Patrice "Sway" Mckinney

Step into the world of entrepreneurial success with me as I sit down with Patrice "Sway" McKinney, the visionary founder behind Encore Salon Suites and franchising expert. Former WNBA star turned business mogul, Patrice shares her bold decision to transition from professional basketball to entrepreneurship—a move that not only defied expectations but also propelled her to financial success through franchising.

In this conversation, Patrice reveals her transformative journey of starting and scaling Encore Salon Suites into a thriving franchise empire. She unpacks the strategic steps she took to ensure franchise readiness, from developing robust operational systems to navigating legal intricacies.

We’re going to talk about the essentials of franchising, offering practical advice on finding mentors, embracing career shifts, and building multiple income streams. Whether you're considering franchising your business or exploring franchise opportunities, this episode promises invaluable insights and inspiration to fuel your entrepreneurial journey.

KEY POINTS

  • Breaking down the franchising process
  • How Encore Salon Suites started
  • Selling a business and expanding through franchising
  • Franchising businesses, qualifications, and legal requirements
  • Entrepreneurship, career shifts, and letting go for personal growth
  • The importance of research and patience in business ventures
  • Finding good mentors and investing in oneself for business success
  • On having multiple sources of income to generate wealth
  • The importance of embracing one's multifaceted nature

QUOTES

“You need to have those systems in place if you can or if you haven't already… Document your training, document your marketing, [and] have an operations manual. If you have those three things in place then you're ready to franchise. – Patrice "Sway" McKinney

“Most people struggle. What do they do? It's through trial and error. You don't know. Just try it out. Try it out again. Have a plan to eliminate the risk and just keep pushing.” – Patrice "Sway" McKinney

GUEST RESOURCES

Patrice "Sway" McKinney

IG | @sway_thepro

Website | thesalonsuitemodel.com

RESOURCES

Jasmene Bowdry

IG | @jasmenebowdry

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AND This is produced by EPYC Media Network

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Reviews

Jasmene touches on timely, relatable topics that all brands can glean valuable gems from. Her insightful discussions are drenched in practical advice, innovative ideas and business success secrets.

The vibe is infectious and her enthusiasm makes each episode the real talk we need to sip on as business owners! Great job, Jasmene!

LBJonez
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This is my new favorite!

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Jasmene is an amazing expert in her lane of fashion, faith, and transparency. She always shares the ups and downs of her journey to help others on their journey. If she says something to me it’s law because she never holds back. If you don’t believe me just see for yourself.

William X. Lincoln
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