Investment: £20k-£50k
Franchise Focus
Creating wealth and time to be the best dad
Half a million pounds a year for family man Andy Hemming working only six days a month on his ActionCOACH franchise
INVESTMENT LEVEL: FROM £27,000 A
ndy Hemming reveals the ‘warts-and-all’ story of his decade with ActionCOACH, overcoming the 2008 recession and how he grew
his ActionCOACH business to £60,000 income a month on just three days’ work a fortnight, so that he could free up time for his family. Andy says: “After four years working in Hamburg for Nivea, I needed to move back to the UK to support my family – both my parents were diagnosed with cancer and we had been told my eldest son had autism. I began to realise my latest role wasn’t going to work out, so I arranged to leave Nivea and began to look for a new opportunity. “I then got a call from ActionCOACH – they had seen my CV online and asked had I ever heard of franchising or considered running my own business? In May 2007, I found myself in what should have been just a two-hour interview, but as soon as I heard about ActionCOACH’s values and culture, I wanted to know more. Having spent so much time in the corporate world, the ideas of learning, self-development, support and team were really appealing.”
Turning things around
“I’d given myself a 12-month target to earn enough from my ActionCOACH business to replace my old corporate salary, and by mid-2008 I had created an income of £16,000 a month. And then life got interesting – the recession hit! My bankings dropped from £18,000 in October 2008 to just £7,000 in March 2009. I’d allowed the few clients I had left to dictate my diary, so my business wasn’t running effi ciently and I had less time to spend with my family – the complete opposite of where I wanted to be.” The recession forced many businesses to take a hard look at their fi nances and Andy’s clients were no diff erent. An accountant for one of his clients came to a one-to-one coaching session to see if this was a cost that could be cut. He loved what he heard and ended up introducing Andy to the regional director of HSBC who invited him to run seminars for his clients.
Andy Hemmings spending quality time with his family
“It helped turn my business around and in 2011, I banked £210,000. Strategic alliances like this were clearly the way forward for me and are now simply part of the marketing toolkit for new franchise partners today, with a full-time national partnerships team developing and maintaining key relationships. “I decided to buy an offi ce space and get super-focused on effi ciency. My clients came to me for coaching and I tightened up my diary. In 2014, I banked £360,000 and, since then, I made time my obsession. On just 50 hours every four weeks, I generate over £500,000 a year. “On top of all that, I have the privilege of going on a journey with my clients. I regularly get results where clients have managed to double their business, and, without exception, work less hours to achieve it.”
Personal time
“I know I need time on my own for me to be a great dad, so I spend Monday to Wednesday every fortnight
coaching, leaving the other 10 days free for things like training for the London Marathon. I love being outside, especially in the mountains with my sons, Oliver and Alex, and have also climbed Kilimanjaro with friends. The sky’s the limit and I plan to grow my business to £1million working just four days a fortnight and to start building a team of coaches.”
If you would like to know more about the ActionCOACH opportunity and you: A) get a buzz from helping others succeed, B) love learning and developing yourself C) have enjoyed success in your career or sport ...
...then fi nd out more by watching the six-minute overview video at
actioncoach.co.uk/overview.
ActionCOACH Business services
www.actioncoach.co.uk/overview ukrecruitment@actioncoach.com 01284 701 648
April 2018 |
BusinessFranchise.com | 97
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