140. Scaling a Franchise: Chuck Runyon + Melanie Richards

In our first Mentor Series pairing, Chuck Runyon, co-founder of Anytime Fitness, the world's largest fitness franchise chain, and its parent company Purpose Brands (formerly Self Esteem Brands), which includes Orangetheory Fitness, Waxing the City, and several other franchise businesses in beauty and fitness talks about transitioning out the CEO role to board chair. He offers advice to Melanie Richards, founder and CEO of goGLOW. Richards started her spray tan business in 2011 and with seven corporate stores open, she started franchising in 2024. Now with 78 units sold across the country, Richards is navigating the change from scrappy founder to leader of a national brand. Plus: Office Hours wtih the College of Saint Benedict and Saint John's University. Economics professor Louis Johnston offers advice to founders on knowing what you're best at, what to hire out, and the importance of telling the story of your business.