Business
With Franchise Euphoria’s upcoming series: How to Build an Enduring and Long-Lasting Franchise, Josh thought it was fitting to call back to one of the podcast’s recent episodes that breaks down the psychology behind entrepreneurship in an interview with Tra Williams, a speaker and author specializing in entrepreneurship. Tra Williams has sat at the helm of two international franchise brands and is a sought-after consultant specializing in startup culture, entrepreneurship, and economic development. He has published or been quoted in more than 50 articles featured in Bloomberg, Forbes, Financial Markets World, as well as dozens of other print and online publications. Tra speaks and writes about how to reverse the decline of American entrepreneurship. He is on a mission: To Rescue 1 Million Entrepreneurs from Traditional Employment. Please visit www.TraWilliams.com for more information. Key Takeaways: [0:05] Welcome to Franchise Euphoria, the podcast that takes a deep dive into specific topics related to franchising. Franchise Euphoria exists to help individuals who are trying to grow their business through a franchise or franchise-like model. [0:49] Josh introduces today’s callback episode: Exploring the Psychology of Entrepreneurship with Tra Williams [1:57] Josh welcomes Tra to Franchise Euphoria. [2:57] Tra shares how he stumbled into franchising in his early 20s and what led him to his opportunities today. [7:02] Tra gives his perspective on the impact and consequences of COVID-19 specifically with entrepreneurs. [12:10] Josh recounts how once he experienced entrepreneurship, he felt like it would be very difficult to go back to just being an employee. [14:50] Tra explains a few methods to help new entrepreneurs overcome the barriers, both mental and physical, that come with transitioning from an employee to an entrepreneur. [19:56] Tra runs through the habits of average Americans in which common resources are deployed and wasted. [22:06] Tra explains the difference between destroying your life and deconstructing it to make room for something more meaningful. [23:11] In Tra’s opinion, the best first actionable step into entrepreneurship is to set small, attainable goals to build momentum. [24:47] If you want to learn more about Tra or his new book, Boss Brain, visit his website listed below. [26:12] Thanks for listening, and please, reach out to Josh anytime through email at josh@indyfranchiselaw.com. If you enjoyed this interview, please leave us a review on Apple Podcasts. Mentioned in This Episode: josh@indyfranchiselaw.com www.franchiseeuphoria.com www.indyfranchiselaw.com www.TraWilliams.com www.twitter.com/@Tra_Williams www.facebook.com/TraWilliamsCFE https://indyfranchiselaw.com/podcast/exploring-the-psychology-of-entrepreneurship-with-tra-williams/