Chapter
The Importance of Documentation in Franchising and Personal Life
37:59 - 50:35 (12:36)
Jim Rohn and host Tim Ferriss discuss the significance of proper documentation in franchising, such as franchise agreements, and in personal life, including power of attorney documents. They also touch on how money can reveal character.
Clips
The speaker emphasizes the importance of having power of attorney documents in place beforehand.
37:59 - 42:28 (04:29)
power of attorney
Summary
The speaker emphasizes the importance of having power of attorney documents in place beforehand. This helps lawyers and hospitals make decisions for someone else during a crisis, and ensures that everyone is aware of the loved one's wishes in advance.
ChapterThe Importance of Documentation in Franchising and Personal Life
Episode#401: Gary Keller — How to Focus on the One Important Thing
PodcastThe Tim Ferriss Show
In this episode, Rich and Marcus discuss the regional representative agreement in franchising, also known as the sub-franchising approach.
42:28 - 50:35 (08:06)
Franchising
Summary
In this episode, Rich and Marcus discuss the regional representative agreement in franchising, also known as the sub-franchising approach. They also review the flawed master franchise approach, using Dairy Queen as an example.