Piraveen Sivalingam (@piraveens) is an entrepreneur who owns & runs a Boston Pizza Franchise with his brother in Markham (Canada).
He joins Ara on this week’s episode of #TheTamilCreator to discuss how he got into the franchising game, doing business with family, missing out on fun with friends/family when he was younger because of the responsibilities that came with being a business owner, the future of franchise businesses, the challenge of finding good staff post-pandemic, not paying himself for the first couple years of running the business, and so much more.
– Instagram (https://www.instagram.com/piraveens/)
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00:19 – Franchising and how Ara found this week’s guest
01:22 – Ara introduces Piraveen Sivalingam
01:56 – How Piraveen became a franchisee; his family’s involvement with restaurants
04:39 – The challenges of him and his brother being young entrants into the franchisee world
06:53 – Doing business with family; what Piraveen would do different if he started again
08:14 – Why his dad became a franchisee; what else Piraveen wants to be a franchisee for
12:52 – Will franchise businesses like A&W and McDonald’s continue to thrive?
14:29 – The challenge of finding good staff post-pandemic
16:40 – What does Piraveen’s day to day look like now, versus when he first started?
18:53 – Being a young franchisee while all his friends were partying
20:34 – The sacrifices of pursuing entrepreneurship
23:13 – Where Piraveen see himself in 10 years; expanding
25:35 – The process of buying a Boston Pizza
27:32 – Piraveen’s relationship with money; side hustles, real estate, and more
29:08 – His connection to the Tamil community
30:50 – Piraveen’s biggest failures/learning lessons over the last 3-5 years
32:02 – The first 100K being the hardest to make; setting aside a failure/learning budget
35:55 – His strategy for driving sales at Boston Pizza
37:29 – What he would tell his 16-year-old self
39:05 – How he wants to be remembered by his friends and family
39:57 – Creator Confessions
51:29 – The Wrap Up
Produced And Mixed By:
– The Tamil Creator
– Aravinthan Ehamparam
– Yanchan Rajmohan