by the way you know I think of franchise
business is probably very good for a lot of people when Burger King McDonald’s
and and Sonic and 7:11 of all these things when they’re doing the marketing
for you when I putting that sign in from the store people are coming into your
shop they deserve those dollars over already taken I don’t know the model
super well but I do know a lot of people that I’ve met in my life that are very
well often very successful and like when you talk to Mike he added that guy do it
or I that gal make their money odiaun 79 KFC’s like you know like so I
think the more interesting question is is a franchise business right for you if
you’re not good at building brand if you’re not gonna getting customers but
you’re a good operator you work hard you looking for steady income that may be a
great business if you’re a great mom like richard is for me would be idiotic
become a great market RI I can get people to show up two things I can get
people to come in why would I give up part of the action
as somebody that’s doing that as well so if I was to start a burger shop would
never go with the franchise I create my own thing but so I think the bigger the
business background for fifty sixty seventy years so great way for people
with less dollars to be successful because a lot of the work being done for
you and so I like the model but I think the question is is it the right model
for you make sure you know your skill sets and all the monies that you’re
giving up to corporate by kicking them dollars are they bring you value for
those dollars I definitely heard of people have started out pictures
business realized crap I’m good at these things like it didn’t know there was a
marriage there but for people that are not marketers don’t have to get a schism
seats I think it’s a very good model John
asked whether people on snapchat don’t

– [Gary] My quarterback. – I wanted to ask you about franchises. Specifically, fast food
chains and the pros and cons of getting involved with that business. And the second part of that question, how much money does Chick-fil-A lose in being closed on Sundays? Thanks. Look forward to your response. – Fitz, super excited for
the starting quarterback to start off this tremendous show. First of all, epic beard. I mean, geez Louise. I thought I was bringing
it a couple months ago. That thing is a beast. Super excited. A little quick shout out to
my brother-in-law, Alex Klein. I’d yelled at him
profusely in 2009 and ’10, telling him Fitzpatrick was
better than our quarterback. And, so, now I get my
chance five years later to have Fitz QB this team up. I’m excited to see you Sunday, Fitz. Great question, you know. You’d expect that from a Harvard grad. I think the QSR business
is really intriguing. Once dominated by McDonald’s, Burger King, couple of other players,
Wendy’s, Pizza Hut, things of that nature. What we’re seeing now is fast casual and a whole revolution. Whether it’s Shake Shack, Chipotle, different things of that nature. And then a bunch of sub
brands popping up everywhere. So many of my entrepreneurial friends are jumping into the space higher quality food,
different marketing tactics. I think we’re gonna see
the biggest shift in quick serve restaurants that we’ve seen in the last 50 years
happen over the next 20. And, so, for entrepreneurs out there I think it’s a very
intriguing business model. It’s a tough business. The restaurant business
is a tough business, but when it hits, it hits for real. And, so, I’m a big fan of the industry. I’ve been looking at it. I’ve been looking, and
poking, and prodding into is there any opportunities
for me to get involved in it? Here a little fun fact,
and if you in Jersey know, Wine Library sits right
next to a Taco Bell. Dad and I just bought that
Taco Bell a couple months ago. It’s sitting empty for extra parking. I’ve been thinking about coming up– Staphon, get in here. I’ve been thinking about
creating some brand from scratch. I’ve been thinking about
creating some brand from scratch. So, I’m looking for any
chef partners out there that have always wanted
to do premium hotdogs or some other random idea. I’m open for business. So, Fitz, I think it’s
an interesting industry with a lot of opportunity, with the biggest shift
in it’s opportunities in maybe a half a century coming up. As for Chick-fil-A, they lose
a ton of business on Sundays. But I think, for the people
that know that business and the family that runs it, they’re more passionate about the reasons they’re closed for that. And I respect that
everybody’s got the things that matter to them most. For example, the Jets matter to me most. If, during Sunday’s game at 1:00 o’clock, at 1:47 I get 8,000 texts
emergency, emergency, and I look, and I’m told by friends and family that the liquor industry and the internet have been shut down forever, I could care less. All I want to make sure is that the Jets are whipping the Browns’ faces. So, everybody’s got their own religion. That’s my answer.

on franchising your company
when you can’t be sure if others will care for
the brand in the same way?” Harold, that’s a great question. I think the real answer to that needs one more layer of context. When you say, “franchising your business”, building a consumer-facing business, a retailer, a QSR, a
restaurant, then franchising is a tremendous model, we’ve seen it from McDonald’s, to Five Guys, Sonic. I mean, it’s a great thing to do. It’s the right business
model, or it’s a phenomenal version of the right business model. You can go private, if you want. What I’m concerned about,
and what I don’t know, and India, I didn’t really ask you, is– Show India, everybody’s
probably missing India. – Hi. – [Gary] You can get a
little camera time, Staphon. Are you going down the
route of selling your name? The reason I’m asking
that, and I don’t know if you can figure it
out from the question, a lot of people try to franchise “me”. I know there’s a lot of
“gurus”, and “advice people”, where they teach the– The amount of people that pitched me, when it was at its heat, in 2010, on the idea of a “Gary
Vaynerchuk Crush It! Course”, and they would be the person teaching, and they would siphon back up to me, that was something I
wasn’t comfortable with. Because it wasn’t something
I felt represented me and I wouldn’t want to
franchise that route. So if you’re asking that,
that’s super uncomfortable to me, somebody representing
you, a big concern of mine. As far as a retailer or a restaurant, I feel super comfortable with that. Many people have pulled
off making sure the brand was insured by lots of
rules, lots of legal jargon, lots of training, whatever
it took to scale that. Anything from your end?
You get anything there? Alright. So that’s the
answer, I give you both.