There's Almost No Situation In Which Starting Later Helps You
Many franchise candidates are searching fruitlessly for the elusive "perfect time" to make their jump into business ownership - unaware that such an opportunity does not exist in our imperfect world. Instead of being held back by these uncertainties, be empowered with knowledge about how you can move forward despite any obstacles on your journey towards achieving success through a franchise. After all, the best time to plant a tree was 20 years ago, the second-best time to plant a tree is today.
If You Don't Take Risk, Your Future Is Known
Making the jump from a long-tenured career to franchise business ownership can be an intimidating prospect, but rest assured your anxiety is completely normal. Instead of seeing this period as one filled with stress, focus on the advantages franchises offer that corporate life typically does not – like proven business systems and access to personal mentorships throughout your transition. Stepping outside of your comfort zone is always difficult; however, embracing change may bring more rewards than expected if you trust in yourself!
For many aspiring entrepreneurs, risk aversion is a major barrier to achieving their dreams of business ownership. However, the only way to totally avoid any chance of failure or loss is by staying idle- and that's not an option! Instead, they should consider taking calculated chances in order to move forward with their plans; after all, life has never been more unpredictable than it has in recent years so believing something will stay constant can be misguided at best. It may seem scary but facing risks head on could result in far greater gains down the line.
An effective strategy for seizing life-changing business opportunities is a balanced approach. Don't let risk keep you from achieving your goals, but also act in reasoned ways to reduce the chances of any surprises down the road. Franchising offers an ideal opportunity here - franchisors provide essential safeguards and systems to follow during start-up to help mitigate business start-up risks.
You'll Never Answer Every Question
It's natural to have questions before taking the plunge. However, don't feel like you need all of your queries answered in order to get started because there will always be complex elements that come with running your own business. Embracing these challenges is part of what makes entrepreneurship so rewarding. Nothing beats being mentally engaged with something new and growing along the way. With each passing day comes increased financial freedom as well as more time available for professional growth. The sooner you start, the sooner you accomplish.
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Follow Proven Systems
Franchising is about systems more than the brand, more than the franchisor. If you find a brand and franchisor that can demonstrate how their systems propel growth for franchisees both from a qualitative and quantitative standpoint - you may have found a winner.
However, utilizing a proven system to find proven systems seems like a no brainer. So, if you're ready to learn how I can help you find, evaluate and invest in boring and predictable cash-flow franchises at no cost, let’s have a quick chat. I have nothing to ever sell you, which means you have nothing to ever lose by working with me.
Be The Buffalo,
Dan Lorenz
Founder, Guerrilla Franchising
Leader, Team Builder, Mentor
1yGreat read! No risk - no business. Risk can’t be eliminated but it can be mitigated to increase chances of success and to reduce the chances for catastrophic consequences.