Q & A
Drew Brees, David Barr and John Rotche talk Franworth, football and franchising.
The franchise industry is full of professionals that have mastered their skills through years of experience in the business sphere. What does it look like when an entrepreneur enters from a different sector of the franchise industry, but has all the criteria needed to fuel a phenomenal partnership, continuous brand management and a successful and trustworthy leadership position?
Franworth is a franchise growth equity firm that partners with brands to create innovative solutions and offer professional franchise services. When NFL quarterback Drew Brees met Franworth Founder and CEO, John Rotche, he had a mentor and future partner that was one for the playbooks. Put fellow Franworth Managing Director and Partner, David Barr into the mix and you have a winning team. Fast forward to five years later and Brees is now a Franworth partner and member of the Executive Board. I spoke with Drew about this powerful play for his business career, as well as David and John to get key insights on knowing when someone is right for your business, how to form successful brand representations and partnerships and what Franworth has in store.
Q: Drew, when did you first get into the idea of franchising? Was there a certain person or franchise that inspired you to follow the same path?
DREW: Jimmy John's was my first franchise and honestly, I reached out to a friend who works in their corporate office to find out how to get the sandwiches I loved from college to New Orleans. He said the New Orleans territory was open and said I could enjoy those sandwiches everyday if I developed the market. Becoming an entrepreneur always interested me and becoming a franchisee in 2011 was a great way to start this journey.
Q: Can you tell me about how you all initially met, as well as how this partnership came about?
DREW: I met John Rotche, founder of Franworth, through the NFL extended education program at the University of Michigan Ross School of Business approximately five years ago. I was so impressed with John's presentation to our group, I approached him about being a mentor to me in the franchising space. At the time, I was a multi-unit franchisee for Jimmy John's and was in the process of evaluating another opportunity to be on the franchisor side for Walk-Ons Bistreaux & Bar. Since then, John, David Barr and I became partners in the ownership group of TITLE Boxing Club, growing it...