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Dave Feamster: A Story of Entrepreneurial Resilience and Success

Explore the journey of Dave Feamster, who overcame debt, community challenges, and franchise expectations to achieve prosperity in the fast-food industry. Discover insights on franchise fees, loyalty, and personal growth.

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Dave Feamster: A Story of Entrepreneurial Resilience and Success

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  1. Chapter 4 Cojen Onslaught Kevbot Pigskins

  2. The author’s highest tip of the night was $1.75 • Met Dave Feamster • Feamster paid a franchise fee of $15,000 • Ray Kroc bought McDonald’s from the original owner. • Kroc held high expectations for his franchise owners. • These high expectations made sure the franchisees were loyal and hard-working.

  3. McDonald’s franchise fee is almost 3 times higher than any other franchise. • Subway is the second largest franchise behind McDonald’s. • Feamster was $200,00 in debt before selling a single pizza and had that debt for 3 years. • Feamster is strongly involved in his community. • Feamster took some of his employees to a success seminar at a local sports arena. • The author shows his negative biased towards the headliner of the seminar by mocking the speaker’s Christian roots.

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