Tutor Doctor Opens First Millennial Franchise through Young Entrepreneur Scholarship Program
Fastest-Growing Private Tutoring Company Creating Ownership Avenues for Next Generation of Leaders
VAN NUYS, Calif. - February 11, 2015 - (BUSINESS WIRE) - Just three months after launching its Young Entrepreneur Scholarship (YES) program, Tutor Doctor, the fastest-growing "in-home" private tutoring franchise worldwide, opened its first YES program franchise with 26-year-old entrepreneur, Kristin McKay. With the average age of the world population being under 30, and with one billion young people entering the workforce, the brand sees value in the next generation of millennial business leaders as it continues to attract qualified young individuals in the United States and around the globe.
Tutor Doctor's YES program was developed to fast-track individuals ages 21-28 to franchise ownership by providing 100 percent financing, zero percent interest and one-on-one coaching and mentoring sessions. The company currently offers this program through its network of tutors, education consultants and administrative staff, and through targeted colleges and universities across North America. Not only does the YES program create an exciting career path for its tutors, but also serves as a recruitment tool for its franchisees by highlighting the Tutor Doctor opportunity as a long term, rewarding career path.
"The YES program was created to find the right people to grow our franchise system and to make a difference in the next generation of business leaders," said Frank Milner, President of Tutor Doctor. "We have seen such incredible success from our young franchisees including 29-year-old Jon-Anthony Lui who has become our system's top performer in less than six years, supporting a team of 350 tutors who service more than 850 families throughout 10 territories. Under Jon-Anthony's guidance, we are confident in Kristin's ability to thrive as a young entrepreneur."
Although Lui began his journey with no management experience, he contributes his success to learning from other leaders in the Tutor Doctor franchise system which is what inspired him to partner with McKay, one of his tutors of three years, and encourage her to open her own franchise. After several months of mentoring and coaching sessions in all aspects of growing a successful business, McKay is now the current owner of Tutor Doctor Niagara Falls.
"This chapter in my life has been an incredible experience. The YES program has not only allowed me to pursue a career I am truly passionate about, but also to help others on both a personal and professional level while making a positive impact in my community," said McKay. "While I came into owning a franchise with knowledge of the company as a tutor, I had no knowledge of owning a business. It is programs like these that provide structure and mentorship for aspiring young entrepreneurs that allow us to utilize our entrepreneurial spirit and strong work ethic towards running a business we truly believe in."
Since its inception, the number of qualified applicants for the YES program has grown rapidly due to strong recommendations from existing franchisees. Having experienced great success in the initial stages alone, company executives expect the YES program to continue building momentum and create countless job opportunities for young entrepreneurs nationwide in the coming years.
Tutor Doctor's YES program directly supports the International Franchise Association's Education Foundation's (IFAEF) recent launch of NextGen, a bold initiative to introduce young entrepreneurs and students to the world of franchising. Through a comprehensive marketing and educational campaign, millions will be exposed to the franchise business model and the potential for opportunity. With global youth employment and entrepreneurship education being touted as one of the most critical challenges to solve on the world stage, these programs are opening new avenues for business ownership and driving industry growth.
Tutor Doctor, which has a network of 400 franchise territories and more than 17,000 tutors across 14 countries serving more than 170,000 families worldwide, opened 50 new franchise territories in 2014. With more than 90 new territories planned for 2015, including the opening of new franchise locations in Singapore and Bahrain, Tutor Doctor is ramping up its expansion efforts to meet the growing demand for more affordable, one-to-one supplementary education services across the globe.
For more information on Tutor Doctor, please visit www.tutordoctor.com. To find out more about franchise opportunities, please visit www.tutordoctoropportunity.com.
About Tutor Doctor
With more than 400 territories in 14 countries, Tutor Doctor is the fastest-growing private tutoring franchise worldwide. The company was founded as an alternative to the "one-to-many" teaching model most extra-curricular learning centers offer by providing a personalized one-to-one, in-home tutoring service to students of all ages. Now with offices internationally, the Tutor Doctor vision is becoming a reality as the lives of students and their families are being positively impacted throughout the world. With the belief that all students can achieve academic success though two components – academic foundation building and academic discipline – Tutor Doctor will continue to lead the private tutoring industry as it surpasses 1,000 territories worldwide by 2016. For more information on Tutor Doctor, please visit www.tutordoctor.com. To find out about franchise opportunities, please visit, www.tutordoctoropportunity.com.
SOURCE Tutor Doctor