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Cody Bradstreet. Cody has a background in accounting and was working for Dell when she realized she needed a backup plan for work. She opened up her own franchise of The Lice Place, where people can have lice manually moved without harsh chemicals. Find out how an accountant got her hands into the lice industry.

Famous Five:

Favorite Book? \u2013 Her own future book
What CEO do you follow? \u2014 No
Favorite online tool? \u2014 Quickbooks
Do you get 8 hours of sleep?\u2014Yes
If you could let your 20 year old self know one thing, what would it be? \u2014 Love yourself. Forward fixes everything.

Time Stamped Show Notes:
01:00 \u2013 Nathan introduces Cody
01:20 \u2013 Started in accounting
01:40 \u2013 Worked at Dell
02:10 \u2013 She left Dell to \u201cchase my dreams in the lice industry.\u201d
02:30 \u2013 Started as a backup plan for possible layoffs
03:20 \u2013 She approached a small business, The Lice Place
03:50 \u2013 The transition
04:25 \u2013 Franchising
04:40 \u2013 Total revenue for the year before she bought it was under $50k
05:10 \u2013 Service to manually remove lice
05:50 \u2013 She did her own valuation
06:50 \u2013 Royalties
07:10 \u2013 A standard franchise model
08:00 \u2013 A goal to buy the whole business
08:50 \u2013 Why to buy instead of build
09:10 \u2013 Revenue for the last year was $250k
09:50 \u2013 Employees are the biggest expenses
10:10 \u2013 Advice for future franchisers
10:40 \u2013 \u201cGet a good lawyer.\u201d
10:55 \u2013 Connect with Cody on LinkedIn
12:45 -- The Famous Five

3 Key Points:
Put yourself out there to get into a certain industry or business.
Consider buying a business instead of building a new one.
Make sure you read the fine print before you start your own franchise.
Resources Mentioned:
Host Gator \u2013 The site Nathan uses to buy his domain names and hosting for cheapest price possible.
Freshbooks - The site Nathan uses to manage his invoices and accounts.
Leadpages \u2013 The drag and drop tool Nathan uses to quickly create his webinar landing pages which convert at 35%+
Audible \u2013 Nathan uses Audible when he's driving from Austin to San Antonio (1.5 hour drive) to listen to audio books.
Quickbooks \u2013 Cody\u2019s accounting tool
Evernote \u2013 Nathan\u2019s favorite online tool
Show Notes provided by Mallard Creatives