103. Venture X President Jason Anderson on Coworking and the Franchise Model
On this episode, my guest is Jason Anderson, recently named President of Venture X, one of the fastest growing premium shared workspace concepts in the country.
Prior to joining the shared workspace community, Jason was the Chief Technology Officer and Director of Franchise Development for United Franchise Group.
Jason and I cover:
His background prior to joining the coworking industry
What he finds exciting about the shared workspace industry
What has surprised him about the coworking industry
What draws entrepreneurs to the franchise model
How the franchise model works
The Venture X brand - its unique positioning that attracts high-end corporate users
What the next three years looks like for Venture X and the industry
A personal perspective on this episode: Joining a franchise family can be a great approach to getting extensive, ongoing support for your business, a built-in community of operators supporting the same brand, and a higher chance of exit success and valuation.
Landlords also love a high-end build-out like that of Venture X. They're looking at the risk profile and saying 1) This operator, while new to coworking, has a massive support system behind him/her and 2) If something goes south for this operator, I'm left with a beautiful space that will easily attract a full-time tenant.
Have a listen!
If you enjoyed the podcast, please leave us a review on iTunes. It’s the best way to help others find our content!