Thrive15 Mentor Terry Powell
Terry Powell’s life has been dedicated to the development and advancement of entrepreneurs and those who desire to become one. Terry is the founder of the Entrepreneur’s Source® (E-Source), which he founded in 1984 to be a business-coaching firm providing support and guidance to aspiring business owners. Powell’s personal experience has led him to believe that an overwhelming 75 percent of the population had a strong desire to be self-sufficient, but barely five percent ever act on it. He decided to focus on the remaining 70 percent. Through a journey of discovery, he now helps his clients identify their desired income, lifestyle, wealth, and equity goals. Powell’s company introduces these clients to business concepts that he believes will help them reach their defined goals, needs, and expectations.
Powell franchised The Entrepreneur’s Source concept in 1998. Today, it’s a global business-coaching and advisory firm with over 200 franchises throughout the United States and Canada. The company is devoted to helping people find self-sufficiency through business ownership. In recent years, The Entrepreneur’s Source coaches have placed tens of thousands of people in businesses and franchises representing over 400 million in client investment dollars.
His unique vision of providing a “one-source resource” for all things entrepreneurial came to fruition with the acquisition of Business Advisers International, now AdviCoach®, in 2005. It was a natural fit and now his companies help individuals achieve their dream of business ownership, provide coaching, and advisory services to new and established business owners, helping them to increase their bottom line and maximize their return on investment.
In 2007, as a means of expediting growth of existing brands and providing world-class franchise resources for new brand introductions, Powell launched Franchise Source Brands International (FSBI), a multi-brand franchisor principally engaged in growing solid concepts into major international franchise brands. Today, the company operates highly-ranked franchise brands, including: AdviCoach®, The Entrepreneur’s Source®, ZorSource®, Expense Reduction Coaching®, Decor&You®, Franchise Match® , WEBB Women Empowered by Business®, and BP Marketing Coach®.
Powell’s experience ranges from developing franchises to consulting and advising future franchise owners and entrepreneurs. In November 2004, he earned his Certified Franchise Executive (CFE) certification from the International Franchise Association (IFA), a program The Entrepreneur’s Source® has been a major sponsor of since 2011. In addition, he is a board member on the IFA’s Diversity Institute, promoting diversity and inclusion in the franchise community. He also annually sponsors the IFA’s “Entrepreneur of the Year Award,” which the company has backed for the past 10 years.
Today, with his 30-year-history, Powell is considered the founder of the Business Coaching profession and an expert in franchising and business coaching. He is frequently called upon as a resource and quoted in newspapers, magazines, and business journals across North America. He often speaks at franchise conferences, including educational classes at MFV Expos, on various franchise entrepreneurship topics.
Learn more about Terry here.
Terry founded The Entrepreneur’s Source, visit it here.
Article: The Entrepreneur’s Source Terry Powell Says Entrepreneurs Start with Asking ‘Why’
Profile: Terry Powell featured on Entrepreneur
