5 Questions With The Learning Experience CEO Richard Weissman

  1. Tell us a little bit about yourself and The Learning Experience. 

After working in Investment Banking for several years, I decided to join my parents in 1980 and work in the Early Childcare Industry. We then began expanding what is now the nation’s fastest growing Academy of Early Education for children ages six weeks to six years old, with over 300 locations open or under development nationally. The Learning Experience®  prepares children academically and socially via innovative scholastic and enrichment programs such as the L.E.A.P.® curriculum, a cutting-edge proprietary approach to learning which has 9 out of 10 of its children entering Kindergarten already reading. To complement the academic curriculum, The Learning Experience utilizes various enrichment programs crucial to advancing learning and overall balance, such as philanthropy, Yippee 4 Yoga™, Music 4 Me®, Movin’ N Groovin’®, manners and etiquette, and foreign language.

  1. You were just named one of the fastest-growing private companies by Inc. Magazine for the fifth year. Tell us about this honor and your growth over the past several years. 

It is indeed an honor to continue to be recognized on the Inc 5000 list. As one of a mere 7% of companies who have been on the list for 5 consecutive years, we have been fortunate to experience 10-year CAGR of 25.6 percent annually. We have never slowed in our efforts to expand our footprint throughout the United States and had the wherewithal to do so in all economic conditions.

We have seen a growing trend line of franchisees buying second and then multiple locations, and we are confident this will increase further across the country. As our brand continues to expand and permeate our target sectors, franchisees have realized significant gains and their desire to grow their businesses is in accordance. For 2016 in particular, the culmination of our increased size and new hires/processes were primary reasons 2016 had historical numbers.

  1. What plans do you have for future growth? 

We open a new center across the country at least twice a month and have a very robust pipeline. We are pleased to see our franchisees now purchasing multiple locations and we anticipate to continue.

  1. You are based in Boca Raton. How/why did you decide to call Boca Raton home? 

Boca Raton has been my home my entire life; albeit a brief period living in New Jersey. I love the area and think with its growth structure and Geographic location makes it the ideal place for business.

  1. Why is early education so important? 

While the childcare industry has been around for decades, parents in the last decade are more informed about the benefits of early education and that a truly educational format of preschool is now highly recognized as the requirement for their child. We believe that the emotional, physical, and social development of children at an early age sets the tone for their growth and ultimate success in the future.