Franchise Update Magazine Issue I, 2016 | Page 20

Female Founders painted this. I’m going to buy a frame and put it on the wall!’” Franchisees are hands-on owners from an operational and business perspective, but are not necessarily artists. Rather, says Bigley, they hire or contract out with local artists. “Their responsibility is to be the host of their studios and grow the business.” Most of the artists do other things full-time. The studios usually are held at night, so it provides them with supplemental income—and being artists, they have a passion for the work. “They love it,” says Bigley. The brand also hosts corporate teambuilding events in the afternoons, bachelorette parties (yes, with nude models if requested), date nights for couples, and private parties for 10 to 40 people. With just 19 studios now (2 corporate), Bigley is looking for 50 percent annual growth in the next 5 years, which will take the brand to about 100 units. GETTING STARTED What inspired you to start your business? I’ve been blessed to have built a successful career in franchising and accomplished many of my business goals. The next step for me was to bring it all together and launch a franchise concept of my own. Having started in franchising working for a founder/franchisor, it was always my dream to do the same. I just had to find the right concept. What’s the best and worst advice you got when starting out? Best: Be confident, passionate, and focused about your business and remember that nobody knows your business better than you do. Also, do not be too proud to ask for help. Worst: I had someone advise me to drastically change our business model, which I didn’t, and was so happy I didn’t. Why did you choose franchising? I think it’s the best model out there to grow a brand and ultimately be successful in business. I wanted a business that would provide opportunities for others to live their dream of owning their own business and build a community of like-minded successful entrepreneurs. That’s the core of what franchising is all about. 18 How did you get started in franchising? Totally by accident. I was working in the clothing industry after college and decided it was ultimately not the industry I wanted to build my career in. A friend told me about a company called American Leak Detection. They needed someone to run their company operations. They were a franchise (which I knew nothing about) and a concealed plumbing business (which I also knew nothing about), but after starting I quickly found my passion. Twelve years, 125 additional franchisees, and vice president of the company later, I learned how to build a franchise company one department at a time. It was an amazing opportunity—and little did I know at the time, the building blocks for me to build Bottle & Bottega. Did you have a partner/co-founder when you started? How important was that in building your company? Yes, my business partner Stephanie KingMyers started our business as a mobile popup model in 2009 and I came on board in 2011 to build the franchise. Although we didn’t have a studio model proven out yet, the initial lessons and success from her first 1.5 years gave me a higher level of confidence that we could make the full-scale model work. I feel it allowed us to ramp up much faster. How did you fund your company at the beginning? As you grew? We did a combination of personal funding and using revenue from our company-owned studios. We then extended to bank lines of credit when needed for key development periods. I found that establishing a strong relationship with our banker from day one and keeping them regularly updated on our growth and plans was key. When I needed help they already knew the business, and me, so the process was much easier than going in cold. BUILDING THE BUSINESS What has been the best and the hardest thing about being an entrepreneur? Best: That I can execute my vision and my ideas how and when I see fit and get such gratification when we succeed. Hardest: Being the leader of a company can be a lonely position. You have to be the visionary, cheerleader, brand and goal ambassador/enforcer, and everyone’s rock and rudder every day to keep the business positive and moving forward. There are days when being that person is extremely tough. That’s where girls night out helps. How has your experience in running a franchise business been different from what you expected? It’s been extremely gratifying, which I did expect. I’d say it’s been a lot more work and taken a lot more money than I expected. There is always something new to build or something existing that you want to be better. The evolution of the business just never stops. How did you grow the brand at first? What changed as you expanded? It was very organic at the beginning because we didn’t have a lot of money. As we continue to grow, we are able to add more resources and people who help us move the needle faster with additional layers of expertise. It’s not just Stephanie and me doing all the work anymore. How did you transition from founding a brand to leading a brand? We’ve tried really hard to keep our team focused on where we are trying to go and letting them know that the decisions we make today have to be scalable for future growth. Additionally, I knew I had to focus on getting my head out of the weeds and better delegating certain aspects of the business to my team. I’ve continued to work on myself and develop my own skills to be a better leader and CEO. As leaders, we have to keep up with all that is changing in the business world. How would you describe your leadership style? I’m a very hands-on, direct, results-driven leader. I work hard to be a calm and positive leader, especially in a crisis. I try to be the constant coach and role model helping develop my team in their roles and giving them opportunities to make mistakes and learn. Early in my career it was hard for me to let go and trust others to make decisions for me. I knew that to grow a business from the ground up I had to learn to let go and trust more. Franchiseupdate ISS U E I, 2 0 1 6 fu1_bottleandbottega(17-20).indd 18 2/7/16 2:59 PM