Justin Willingham & Monica Fonseca: An International Perspective on Franchising episode artwork

EPISODE · Apr 17, 2024 · 38 MIN

Justin Willingham & Monica Fonseca: An International Perspective on Franchising

from Stars of Franchising · host Tariq Farid Franchise Institute at Babson College

“Let’s not be copycats. Create a new demand for new products. Don’t be afraid. Go for it. And if you fail, just get up and do it again.”Our most in-depth look at international franchising yet! Based in Honduras, Justin and Monica have made their mark not only by importing multiple North American and European franchise brands to Central America, but also by expanding their footprints to Eastern Europe and North Africa. Most recently, Gong cha Bubble Tea awarded them the master franchise rights for Central America – they plan to open 50 stores across Honduras, Guatemala, Costa Rica, and El Salvador over the next 10 years.Justin and Monica joined Ab and Vini to pass along their decades of wisdom gained from both successes and failures. Learn about the special (and numerous) challenges of introducing a franchise brand to a market where it’s not well known. Why open communication with other ‘zees “on the ground” in your market may matter more than open communication with your ‘zor. The power of patience. The universal need to hire values-aligned people. And why they lose sleep over supply chain.

Episode metadata supplied by the publisher feed · Published Apr 17, 2024

Embed this episode

“Let’s not be copycats. Create a new demand for new products. Don’t be afraid. Go for it. And if you fail, just get up and do it again.” Our most in-depth look at international franchising yet! Based in Honduras, Justin and Monica have made their mark not only by importing multiple North American and European franchise brands to Central America, but also by expanding their footprints to Eastern Europe and North Africa. Most recently, Gong cha Bubble Tea awarded them the master franchise righ...

Distinct summary based on available episode metadata or transcript content.

Ready to play

Justin Willingham & Monica Fonseca: An International Perspective on Franchising

0:00 38:42

No transcript for this episode yet

We transcribe on demand. Request one and we'll notify you when it's ready — usually under 10 minutes.

No similar episodes found.

No similar podcasts found.

Frequently Asked Questions

How long is this episode of Stars of Franchising?

This episode is 38 minutes long.

When was this Stars of Franchising episode published?

This episode was published on April 17, 2024.

Is there a transcript available for this episode?

Yes, a full transcript is available for this episode. You can read the complete transcript on the episode page.

Can I download this Stars of Franchising episode?

Yes. Use the download control on the episode player to save the publisher-provided media file.
URL copied to clipboard!