Our guest on Episode 2 was Peter Holt, the CEO of The Joint Corp. The Joint is a $950 million market cap company that operates and franchises a chain of chiropractic offices. The company currently has over 600 total locations in about 35 states. Peter took the reigns as CEO of The Joint in 2016 and has overseen a stock that has appreciated from under $3 in 2016 to over $60 today. In fact, the company was distinctly unprofitable when Peter became CEO but has since started generating very healthy margins with limited capital expenditures. Given all of the recent success, I was excited to talk with Peter about:<\/p>\n

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• The demand drivers that have been propelling the company over the last five years;<\/li>\n
• The elements that have allowed the stock to appreciate so rapidly in recent times;<\/li>\n
• How he goes about making sure the company doesn\u2019t grow too fast; and<\/li>\n
• How Peter thinks about creating win-win relationships with franchisees<\/li>\n<\/ul>\n

  *For full disclosure, Cove Street is not a JYNT shareholder.<\/em><\/p>\n

  Please enjoy the show at the following sites:<\/p>\n

  Apple: https:\/\/podcasts.apple.com\/us\/podcast\/creating-a-niche-global-franchise-with-peter-holt\/id1579124518?i=1000544906891<\/a>
  \nYouTube: https:\/\/www.youtube.com\/watch?v=HDbLLFUlqVQ<\/a>
  \nPodbean: https:\/\/compounders.podbean.com\/e\/creating-a-niche-global-franchise-with-peter-holt\/<\/a>
  \nSpotify: https:\/\/open.spotify.com\/episode\/4bjYmAZ6WXY9sQFvHaXBeb<\/a><\/p>\n

  As always, if you have any comments, feedback, or guest recommendations, please contact us at podcast@covestreetcapital.com<\/a>. You can also follow the podcast on Twitter @ https:\/\/twitter.com\/CompoundersPod<\/a>.<\/p>\n