Ep 4.12: Blingle! The Franchise with High Profit Margins

09/07/23 • 32 min

Do you want to maximize your income by purchasing a franchise that offers high-profit margins? Are you searching for an investment that not only allows you to earn substantial income but also offers semi-absentee hours? Look no further, because in this discussion, our guest Turp Ricketts will reveal the key to achieving this desired outcome. Discover how Blingle's unique value proposition can empower professionals like you to unlock the full potential of business ownership and generate exceptional profits through a combination of high-margin sales and repeat business.

In this episode, you will be able to:

Explore the road untraveled; learning the true benefits of owning a franchise.
Undercover Blingle's unique residual revenue strategy and the high profit margins it brings.
See how going beyond seasonal trends with year-round lighting services has rewarded Blingle.
Experience the magnetic vibrancy and swift growth culture within the Horsepower brands.
Understand the massive impact of leveraging technology and data-driven decisions by analyzing Blingle's business model.

My special guest is Turp Ricketts

Meet Turp Ricketts, a dynamic and personable franchise expert with a passion for empowering emerging businesses. Boasting a rich background in franchising from working with a janitorial company to heading up a franchise finance vertical, Turp's extensive experience offers valuable insights to any business owner. His current role at Horsepower Brands has allowed him to develop the compelling franchise model of Blingle, a unique lighting company that combines high-margin sales with residual income.

The key moments in this episode are: 00:00:00 - Introduction, 00:03:17 - Becoming the First Employee, 00:07:00 - Blingle and the Importance of Access to Lighting Products, 00:09:18 - Blingle's Business Model, 00:10:32 - Employee Range and Employment Model, 00:13:00 - Lighting up the Holidays with Firefighters, 00:14:36 - Overcoming the Seasonal Perception, 00:16:10 - Artificial Intelligence in the Business Model, 00:21:29 - The Appeal of Blingle, 00:23:06 - Attributes of a Blingle Owner, 00:25:53 - Success and Challenges of Growing Blingle, 00:28:26 - Continuous Improvement and Team Growth, 00:29:08 - The Story behind "Turp", 00:30:49 - Appreciation for Support and Collaboration, 00:31:41 - Conclusion and Call to Action,

In this episode, you will be able to:

Explore the road untraveled; learning the true benefits of owning a franchise.
Undercover Blingle's unique residual revenue strategy and the high profit margins it brings.
See how going beyond seasonal trends with year-round lighting services has rewarded Blingle.
Experience the magnetic vibrancy and swift growth culture within the Horsepower brands.
Understand the massive impact of leveraging technology and data-driven decisions by analyzing Blingle's business model.

My special guest is Turp Ricketts

Previous Episode

Ep 4.11: How Communication Drives Success w/ Whit Shepherd

Do you want to make well-informed decisions and discover the perfect franchising partner? Are you searching for a reputable franchise organization that values communication and values your input? Join us as Whit Shepherd shares critical solutions to help you achieve your goal of finding the ideal franchise partner. The answer lies in understanding the immense value that effective communication and franchisee input brings to franchise organizations, allowing you to make informed decisions and ultimately find success.

My special guest is Whit Shepherd

Say hello to Whit Shepherd, a seasoned expert in the realm of franchising. He started his professional life by achieving his ambitious career goals in corporate America only to realize that his true calling lay in business ownership. Enroute to realizing his true potential, he has aided iconic brands from inception to success and now aligns with Horsepower, a forward-thinking franchise model. Given the breadth of his experience and the diversity of his professional journey, Whit brings an unmatched perspective to the table. He is instrumental in illuminating the importance of communication and franchisee input in franchise organizations.

The key moments in this episode are:

00:00:00 - Introduction, 00:01:37 - The Power of Horsepower Brands, 00:06:09 - Witt's Journey in Franchising, 00:07:59 - Joining Horsepower Brands, 00:10:54 - Avoiding Heartache, 00:14:09 - How Franchisees Are Heard, 00:15:31 - Representing iPhone and Lingo, 00:17:57 - The Appeal of Blingle, 00:20:32 - Diversification and Empire Building, 00:24:38 - Ideal Franchisee Profile, 00:28:17 - The Excitement of Alignment, 00:28:44 - Insights into the Guest, 00:29:18 - Pre-Qualifying Brands, 00:29:36 - Changing Lives, 00:30:00 - Conclusion,

Next Episode

Ep 4.13: Breaking Barriers in Commerical Real Estate w/ Jackson Hill

Step into the extraordinary journey of Jackson Hill, a maverick in the world of commercial real estate. His story will captivate your entrepreneurial spirit and ignite your passion for revitalizing traditional businesses. But beware, the unexpected twist in his tale will leave you craving for more, eagerly awaiting the revelation that will reshape your perception of success. Brace yourself for a riveting adventure filled with innovation, courage, and the power of fresh perspectives.

In this episode, you will be able to:

Uncover the unspoken benefits of laying foundations for a thriving business by taking purposeful action.
Discover the transformative power of mentorship and how it shapes personal growth and business success.
Understand how fostering a nurturing community can add value to your professional path and fuel your entrepreneurial journey.
Delve into the heart of the ever-evolving retail sector and the indispensability of innovation in this landscape.
Learn to breathe new life into conventional businesses with a mild dash of fresh perspectives and a radical change in approach. List 2:

My special guest is Jackson Hill

Say hello to Jackson Hill, a revolutionary figure in the world of commercial real estate. His company, Reimagine, aptly captures his impactful approach towards traditional business models. Spanning over a ten-year career, Jackson has a knack for spotting potential in franchise brands and believes in partnering with them for long-term growth. His knowledge extends beyond business strategies, dipping into cultivating passionate teams and navigating through crises with solid leadership. His ethos of choosing authenticity over quick wins offers a refreshing take on entrepreneurship. Jackson's insights are incredibly valuable for anyone looking to redefine conventional business boundaries.

The key moments in this episode are: 00:00:05 - Introduction, 00:01:28 - About Reimagined Group, 00:04:36 - Choosing Brands to Align With, 00:07:08 - Focus on Health, Fitness, and Wellness, 00:10:22 - Freedom to Say No, 00:14:33 - Getting to Know Your Partners, 00:15:48 - Dividing Labor and Avoiding Resentment, 00:16:59 - Two Partners vs. Three Partners, 00:18:12 - Living in Different Markets, 00:19:15 - Surprises and Trends in the Retail Industry, 00:28:27 - The concept of giving a new approach to necessary but boring things, 00:29:24 - Just start and don't wait for the perfect time, 00:30:43 - Seek wisdom from those who have been through it before, 00:31:29 - Surround yourself with like-minded and positive people, 00:32:34 - Take the plunge and just do it,