Episode #38
Jamie & Stella Lavigne on Parents Buying Franchises for Their Kids
What if building generational wealth starts before an inheritance is ever passed down? In this episode, the Franchise Sisters explore what they call the Bi-Generational Wealth Movement — also known as the Tsunami of Parents Buying Kids Franchises. Co-hosts Pam Currie and Shari Currie Skjoldager sit down with a mother-and-daughter duo, Jamie Lavigne and her 14-year-old daughter, Stella. Jamie has been in the franchise community since 2007, and she shares how the typical candidate has shifted from someone in their 50s or 60s looking for a "bridge to retirement" to far more young adults — and parents investing right alongside their kids. Stella talks about how she was introduced to franchising through Meet the Team Days and years of tagging along on calls, and how she went from "no way, I'm going to school" to considering business ownership as another possible path. In This Episode, You'll Learn: Why Jamie says the typical franchise candidate has gotten dramatically younger since 2007 How parents are treating "generational wealth" as something to seed now rather than leave behind How Jamie exposed Stella to franchising early — and why she wishes she'd started even sooner How Jamie and Shari weigh college against putting a college fund toward a business Why the hosts describe franchise ownership as a "hands-on MBA" Jamie's case for buying a franchise over going it alone, including the franchisee community and support system Jamie's number-one tip for aspiring entrepreneurs: get financially prepared and ask "How do I fail?" If you're a parent, a young adult, or anyone curious about franchise ownership as a family decision, this conversation is worth a listen. Considering franchise ownership? Request a complimentary Franchise Sisters discovery call and grab their eBook, Top 10 Questions to Consider Before Investing in a Franchise .
