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November 14th, 2024

Navigating Franchising Challenges and Opportunities with Domineca Neal

  1. Navigating Franchising Challenges and Opportunities with Domineca Neal 29:21

Are You Ready to Invest in Your Dreams?

What does it take to transform a vision into a sustainable business and eventually into a lucrative investment opportunity? This week’s episode of The Angel Next Door Podcast with Marcia Dawood discusses the often-overlooked world of franchising and angel Investing, revealing the essential elements driving entrepreneurial success. Alongside guest Domineca Neal, an experienced entrepreneur and angel investor, listeners are taken on an educational journey through the nuances of starting and scaling a business, whether independently or through franchising.

Domineca Neal brings a wealth of knowledge to this episode. With a diverse background ranging from being a CPA at a big six accounting firm to becoming a seasoned Franchise owner and eventually stepping into the world of angel investing, she embodies the quintessential entrepreneurial spirit. Neal has not only thrived in multiple business environments but has also dedicated herself to mentoring others, especially women and BIPOC communities, on their own journeys toward financial and operational success.

They explore the practicalities of owning a franchise, from the initial due diligence to overcoming common challenges like labor and expansion. Moreover, Domineca shares invaluable advice for entrepreneurs considering franchising their own business models. The episode comes full circle with an inspiring discussion about angel investing, where Neal reveals how her portfolio seeks financial returns and aims to generate positive social and environmental impact. This multifaceted conversation is a must-listen for anyone looking to gain practical insights and inspiration on creating successful business ventures while giving back to the community.

 

To get the latest from Domineca Neal, you can follow her below!

LinkedIn – https://www.linkedin.com/in/dominecaneal/

 

Sign up for Marcia’s newsletter to receive tips and the latest on Angel Investing!

Website: www.marciadawood.com

Learn more about the documentary Show Her the Money: www.showherthemoneymovie.com

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Marcia Dawood TEDx Speaker/Author/Podcaster

Marcia Dawood is an early-stage investor who serves on the Securities and Exchange Commission’s Small Business Capital Formation Advisory Committee, is a venture partner with Mindshift Capital, a member of Golden Seeds, and the chair emeritus of the Angel Capital Association (ACA), a global professional society for angel investors.
She is also an associate producer on the award-winning documentary Show Her the Money.
A TEDx speaker and the host of The Angel Next Door podcast, Marcia walks the talk and holds investments in over fifty early-stage companies and funds. She is committed to expanding support for diverse companies that overcome the world’s biggest problems and accelerate positive change. She is passionate about bridging the gap from early-stage inception to building thriving, profitable companies.
She is a founding member and chair of the ACA’s Growing Women’s Capital Group, which is building syndication and collaboration among US investment groups focused on women-led companies.
She is also a co-author of the book You Can, You Will, which was an Amazon bestseller in thirty-nine categories in four countries.
Prior to that, Marcia worked in sales, marketing, and operations for Kaplan Education for over sixteen years. Marcia received an MBA from the University of North Carolina Kenan-Flagler Business School.
Marcia currently lives in North Carolina with her husband, Izzy, and she feels lucky to be the stepmom to three amazing sons.

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