Aslam Khan: Legendary Multi Unit Franchisee (Now Franchisor and Philanthropist)

This was the second time we recorded extensively with Aslam Khan, the legendary franchisee known as "the turnaround King". His Rags to Riches story has inspired the franchise community for two decades now. His simple but powerful message shows us "It Can Be Done". Aslam is the Chairman of Falcon Holdings, one of the worlds largest franchisees, and now also a franchisor with a couple of recent acquisitions of Piccadilly and Fatz Cafe. One thing that struck me during this episode was Aslam's focus on giving back. He is literally building roads in his home country of Pakistan. Topics we delve into in this jam packed episode: *Aslam's background and story * What's new and current at Falcon Holdings, including new acquisitions * What is Falcon Management * How important is it for organizations to listen to Young talent? * How do you see the hospitality industry being shaped by technology? * Do you think mediocre single unit operators can be coached to become successful multi unit operators? * How do you respond to challenges? * The "Khan formula" for developing self confidence *The difference between independence and Interdependence Special thanks to our Sponsors: SCORPION INTERNET MARKETING www.Scorpion.co/mb Named the #1 franchise marketing company in America by Entrepreneur Magazine, Scorpion delivers all-in-one solutions for franchise brands looking to defeat disjointed marketing and increase revenue. As a marketing partner, Scorpion assists franchises in the management of branding, website design, online listings, paid advertising, and more, eliminating the need for multiple vendors. To learn more, visit www.Scorpion.co/mb RPM: www.openmyfranchise.com Open for business - a simple term but a complex process; Let RPM help you. We are a real estate/project management firm whose main goal is to turnkey the opening process for both franchisees and franchisors. Let us manage the brokers, architects, contractors and other various vendors. Allowing you and your franchisees to focus on the training, marketing, and hiring. We save you on average 20% time and 17% total project cost. Check us out at www.openmyfranchise.com to see how we can help you. VALYANT.AI Does your restaurant struggle with understaffed teams, resulting in order mistakes, slower service and missed up-sell opportunities? Imagine automating the order taking process at your restaurant and freeing your employees to focus on food preparation, payment processing and order accuracy. Valyant.ai's artificial intelligence software, think Alexa or Google Home, can speak directly with your customers and take all drive through orders. As a result of automating this task, early Valyant customers have seen their customer’s wait times drop by 10% to 25% on average. The AI never gets tired and you can be assured that in every situation where it makes sense, customers will receive custom up-sell messages. Valyant’s software uses data like trending food items, time of day, weather and even a customer’s decisiveness, to make specific product recommendations. This has resulted in an average order increase of 70%. That’s additional capital you could be earning today. If you think your business could benefit from decreased wait times, and additional revenue, check out www.valyant.ai or contact them directly at info@valyant.ai to learn more. ~*~*~*~ Follow Us On Facebook and LinkedIn: @MODRNbusiness @Zjfishman (insta too) @RyanThomasHicks (insta too) ~*~*~*~ Title Sponsor of the Summer Tour: Franchisors.com Audio Engineer: Ben Kliever