Jim Bauer may have been one of the most unlikely business owners when he got his start in franchising in 2009. For the prior 25 years, Jim had served in numerous high-level executive roles for a well-established homebuilding operation for a public builder in the Dallas-Fort Worth area. However, with the housing market collapse in 2008, Jim found himself without a job and wondering what his next move should be.
Fortunately, Jim found The Entrepreneur Authority (TEA) and the guidance of David Omholt, TEA’s CEO while going through his career transition with outplacement firm Right Management (www.Right.com). He was immediately taken with the idea of self-employment through franchising when David spoke to a group of outplaced executives about the opportunities available in franchising. As Jim said, “David was awesome. He had a great awareness of where our heads were at as a group of outplaced executives, and the concerns, anxiety, and pressure we felt. I remember so vividly his presentation, his key points, and his message was spot on.”
Personal Experience Leads to Franchise Success
Due to Jim’s professional background and all other parameters lining up, David felt that he would be a good fit for a number of different franchises, but one that really resonated with Jim was PuroClean (www.PurocleanFranchise.com), a property damage restoration services business. This was partly due to the fact that Jim had previously experienced significant damage to his personal residence due to a water heater leak, which had to be serviced by a property restoration company. Unfortunately, the “industry leader” that had been hired to take care of the issue had left a lot to be desired in terms of quality and customer service.
Jim saw an opportunity to offer a better experience to other people going through similar situations. After carefully considering several options, he decided to become an owner-operator of a PuroClean franchise.
The Value of an Experienced Mentor
Flash forward to April 2023: Jim is now in the process of completing a successful exit strategy from his PuroClean franchise after 14 years of ownership. This is something that TEA always emphasizes in their franchise coaching and guidance; that is, for business owners to plan for the future and set up a strategy for exiting their businesses when the time is right.
Jim has said of his experience with TEA, “I am so thankful to David and to PuroClean for what they have afforded me. At a time when I had a lot of confusion and anxiety, David brought order out of chaos, and ultimately, introduced me to PuroClean, which became a vehicle for me to take my network, experiences, and skills, and adapt them into a much safer space.”
TEA offers no-fee consultations, in addition to complimentary webinars on franchising. To schedule an appointment with a Franchise Consultant or register for a webinar, call 866-246-2884 or visit https://eAuth.com/webinars/.