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  1. “HORN IN" On Franchise / Business Ownership a monthly post with blurbs, links, and other words-of-wisdom regarding self-employment; career transition; and franchise / business ownership; as well as information for business owners who may be interested in franchising their business. October 2018 Franchise Opportunity Knocks Self-employment Beckons Start answering the call right here. News you can use to help you find The right franchise / business opportunity for you. “At first dreams seem impossible then improbable and eventually inevitable. ” -Christopher Reeve FOUR LEVELS OF FRANCHISING What Type of Franchise Arrangement is Best for You? Deciding on the level of franchising that best fits your needs is almost as important as investigating and choosing the right franchise. Below are the four levels of franchising, which include information on the territory specifics, the required level of participation, and the typical liquid capital requirements. It is best to consider all aspects of each level, before deciding upon a level in which to invest. Single-unit Franchises A franchisee has the right to operate one franchise unit. Most franchisees enter the world of franchising by owning one unit. It is a great way to get in and understand the system before taking on more units. Territory: The franchisee may have a small radius of exclusive territory to operate within. If it is a retail store, the area of exclusivity may be a two or three mile radius around the store. If it is a home-based business the area may consist of a few specific zip codes. Level of participation: The franchisee is very involved with almost all operations of this type. Even if it is a semi-absentee owned business, the franchisee will want to be present at the business and be as hands-on as possible. Typical liquid capital required: $35,000 to $70,000 initial out-of-pocket investment required on a total investment of $55,000 to $200,000+ Multi-unit Franchises The franchisee acquires more than one unit of the franchise, usually at reduced franchise fees. The risk is lower because the franchisee can take advantage of the economies-of-scale theory; by spreading costs across multi-units, the locations may be more successful. A good sign of the health of the franchise is if many of the franchisees are multi-unit owners. Territory: There is usually no exclusive territory where the franchises must be set up. The franchisee may have one unit in one part of town with a surrounding radius of exclusivity, and another unit in another part of town 15 miles away or even in another county with its exclusive radius of operation. Level of participation: The franchisee is less involved with each of the units operations, but will be managing multiple operations and will need to have some level of supervision in each unit. If many units are opened, a general manager and additional administrative and training staff may be needed. The franchisee is more of a general manager when many units are involved. Typical liquid capital required: $70,000 to $120,000 initial out-of-pocket capital is required to take care of mostly the initial franchise fees. The rest of the investment is usually financed when each unit is opened. Area Development Franchises This license usually grants the franchisee the right to open a certain number of franchises in a given area. There is usually a production schedule where the franchisee must open a certain number of franchises during a certain period. The franchisee has an exclusive area where no other franchisees can be allowed to open a franchise. Territory: The franchisee maintains an exclusive geographic territory as long as the opening schedule is maintained. The territories range from a small city to parts or all of a larger city. Level of participation: The franchisee will be very involved in the beginning stages of the first location to make sure it is successful. The franchisee will also need to be looking for qualified real estate to open the next few locations. Once several locations are open, the franchisee will need additional assistance to manage several units. Typical liquid capital required: $80,000 to $150,000 initially to secure the area, pay all franchise fees and have additional start-up capital. The franchisee will then need to be able to finance the rest of the start-up costs for each of the franchises, as they open. Master Franchises A Master Franchisee, sometimes called a Regional Developer, has the rights to a larger area than that of an Area Developer. The Master Franchisee, in addition to opening franchises at a much reduced franchise fee and royalty, can also sell unit franchises, multi-unit franchises and area development franchises and make a nice return on the sale. The master usually receives a part of the royalty and franchise fee paid by each franchisee. There may be additional income available from distribution of products through the franchisees in the area and possibly even some real estate interest. The master becomes somewhat of a sub-franchisor for the area, without having experienced all the trial and error the original franchisor did. The master franchisee will usually want to open and operate at least one unit (pilot location), for income and use as a training center. Master franchises are not offered as readily as the other levels of franchising. However, when they are available they usually sell quickly. The income available from a master franchise is extremely lucrative. The initial investment is low compared to the type of value you can build in the master franchise area. The flexibility is also the greatest at this level. Territory: Usually is a large metropolitan area, an entire state or even several states or country. It is an exclusive area and will remain exclusive as long as the master franchisee meets the development schedule of franchises in the territory. Level or participation: The master franchisee will usually set up and operate at least one unit and use a manger to manage it while working on selling other “sub-franchises” and assisting them in operating properly. Very rarely is a master franchisee “hands on” in a unit franchise. They tend to spend more of their time operating like a business consultant or coach to their franchisees to help them become successful. Typical liquid capital required: $150,000 to $350,000 is needed to acquire the territory and for initial liquid capital to start the area. Financing will be secured for the start-up of the unit franchise. Perhaps a “Business Opportunity” is a better fit for you than a franchise? Like a franchise, a “business opportunity” will have a start-up package, operational methodology, training and on-going support. A business opportunity charges an upfront fee that is comparable to a franchise fee, but there are no on-going royalty fees charged by the business opportunity company. A unique difference between a franchise and a business opportunity is a business opportunity does not have the rules and reporting requirements associated with franchise ownership. The quality of on-going support will vary widely across the spectrum of business opportunities. Some will provide very little, while others provide extensive continuing support and training. Business opportunities may be more suitable for experienced business people who desire the advantage of having access to a proven system with an organization to lean on for support from both the corporate staff and the other owners as well, but still have the opportunity to “do things their own way”. NOTE: Typical liquid capital requirements, as well as total investment amounts will vary based on the type of concept, real estate and geographic area. ********************************************************************************************* ENTREPRENEURSHIP Is Living A Few Years Of Your Life Like Most People Won’t, So That You Can Spend The Rest Of Your Life Like Most People Can’t. -Unknown ********************************************************************************************* Questions To Ask Yourself… · What are your reasons for wanting a business of your own? · Have you ever owned a business? · Do you possess the necessary attributes to be self-employed? · Can you make meaningful decisions without having 100% of the information? · What working days / hours do you want / need? · Do you want part-time or full-time? · Do you need flexible hours? · Where do you want your business to be located? · How far from home are you willing to travel to get to your business? · Would you prefer…office…retail…mobile…light industrial environment? · Do you want to manage employees? · Do you want to have inventory? · Do you prefer a cash business as opposed to one that carries accounts receivable? · How much liquid capital do you have to start a business? · What is your net worth? · What are you income requirements…1st year…2nd year, etc.? · Will franchise ownership be your primary source of income, or will it supplement other income? · Will you have partners? · Are you interested in pursuing a particular business / industry? · Do you want a single or multiple unit business? · Have you considered master franchising? · How soon do you want your business to open? · Will you be involved on a full-time or part-time basis? · Do you have the total support of your spouse / family for buying a business? · When you find the “right” franchise / business opportunity, are you the type of individual who will be ready, willing and able to “pull the trigger” and move forward with a new life? ********************************************************************************* STEM Based Curriculum This concept provides after school services using STEM based curriculum to children ages 5-14. The primary business of this franchise is after school programs for children aged 5 to 14 years old. We work mainly with and in schools and community centers. Our secondary line of business is providing outlets for children through such activities as summer camps, birthday parties, Scout functions, and private classes. The programs we present are focused on being hands-on for the children. We have developed classes to instill our philosophy of "Skills for a Lifetime." The four main areas of education that we offer are: • Aviation » • Magic Tricks » • Fashion » • Photography » Our franchisee model has been developed as a home based business. Of course the sky is the limit. In the event that your establishment grows, the opportunity to move into an office location definitely exists. The exclusive programs, quality customer service, and the highest of standards that we have developed will help make you the leading after School Company in your area. We have found that our customers stay with our programs for many years. The one-stop-shop service aspect makes it extremely convenient and the highly advanced operation methods makes our programs effective allowing one person to do the job of three people and three to do the job of six. And ultimately, you will have the flexibility to extend your franchise in the different directions that match your lifestyle and works best in your area. Total Investment: $48,000. If you would like additional information, or to discuss in further detail, please call or send me an email with phone number and a good day(s) / time(s) for me to call you. Quick-serve Snack Food Concept A quick-serve snack food restaurant serving specialty, gourmet French fries with over 20 different seasonings, sauces and toppings; and fountain drinks, bottled water and home-made milkshakes for beverages. Our Menu offers three options to achieve simplicity and creativity: a Specialty Menu of ‘go-to’ topped fry baskets that promote popular national and local dishes; a Finger Food Favorites Menu comprised of classic fried appetizer-style dishes-Original Pizza Logs; Buffalo Crunch Rolls; Crispy Chicken Fingers; and our Dutch Style Menu, which allows customers to choose a fry and one of 15+ dipping sauces. In addition to these items, customers are able to customize their baskets across six styles of fries and over 20 sauces, seasonings and toppings. There is a familiar saying you hear often when referring to the Lone Star State- "Everything is Big in Texas". Well, that saying sure rings true for one of the most unique and novel franchise brands to come onto the QSR scene in years. Our presence is fixin' to get big and introduced to fellow Texans statewide in the coming months in our largest Texas markets: Austin, Dallas, Houston and San Antonio. This phenomenal growth spurt comes just over a year after opening our first Texas franchise unit in the Alamo City, Labor Day weekend of 2016. Now is the time for prospective business owners and opportunistic entrepreneurs to consider our exciting franchise model and discover for themselves an opportunity where timing really is and can be everything. Four (4) flexible Franchise Business Models are offered: · Food Truck/Trailer/Cart, · Inline (food court, no dining room) · Kiosk (free standing 12 x 20 unit) and · Brick and Mortar (free standing,drive thru, dining room). Our flexible concepts fit any real estate format including freestanding restaurants, end caps, in-line sites, gas and convenience, airports, malls, outlet stores, entertainment and tourist districts, cinema, travel plazas, universities, as well as other retail environments. There simply is no other competitive QSR franchise brand offered to prospective franchisees with such flexibility of choice in business model, endless store location sites to consider, and all achieved at an attractive development cost range of $105,000 - $250,000 dependent on the business model selected. We are currently looking for hard working, motivated individuals to join our growing list of franchisees. Franchise opportunities are currently available in communities and towns throughout Northern, Southern Eastern, and Western Texas, of all major metropolitan areas. We are looking for regional development groups that have a proven track record and are community leaders who may already operate other local businesses, such as other multi-brand restaurant development groups, retail outlets, convenience store chain operators, and movie theater operators who have the passion and financial qualifications to develop anywhere from five (5) to fifty (50) restaurants in these regions across the state. We are looking for qualified candidates with career work experience in any field (no restaurant experience required) and that are dedicated to their fields of expertise with proven track records to join our Texas team. Our Texas franchisees will have endless opportunities to grow quickly into successful multi-unit franchise operators supported by our Texas franchise development team based right in the heart of Texas, San Antonio. The Texas Master Franchise is owned and operated by native Texas businessmen with a vast array of industry knowledge and seasoned track records as successful business owners. One of the Texas Master Franchisors is a Texas Ex. Franchisees get unsurpassed local support and services in every stage of franchise development from start to finish. ⇒ Texas Master Tenant Broker and Site Selection Services ⇒ Local pre-opening, grand opening and ongoing training and operational support ⇒ Statewide vendor & supplier network customized for our Texas franchisees ⇒ Franchisee business planning, consulting, financial and coaching support and services. If you would like additional information, or to discuss in further detail, please call or send me an email with phone number and a good day(s) / time(s) for me to call you. ********************************************************************************* I highly recommend: If you are seeking top-quality financial / investment advice, Teamwork Financial Group and Doug Moe...Texas Ex. Doug is the CEO of Teamwork Financial Group in San Antonio. He is an attorney and CPA. He has provided valuable insight to me and my wife regarding investment / financial advice, including guidance on having a Will vs. Revocable Living Trust, re-balancing our investment portfolio, as well as assisting us move a portion of our IRA investments into Fixed Asset Annuities. Over the past several months, I have had a number of very enjoyable meetings with Doug, since we have a tendency to spend time talking sports, as well as financial / investment stuff. Doug played basketball at UT in the 80s and is the son of Doug Moe, the former coach of the San Antonio Spurs. And, a great guy. ********************************************************************************* Do You Need Furniture Repaired... If so and in the San Antonio area, CALL Pat Bonney...Texas Ex... Owner of a Guardsman Furniture Pro. franchise...The Most Trusted Name in Furniture Repair. Pat was on the UT baseball team in the early 70s. I have used Pat's service multiple times for a variety of furniture repairs in my business and home. Great guy and fantastic service. 210-849-9663 Email: gfpsa@sbcglobal.net Don't Just Change Your Curtains... Change Your View. I Did. My Story 2017 newsletters; as well as copies of 2016 and 2015 newsletters can be viewed by going to the Franchise Quest Website. Click on the Website link below, or go to: www.franchise-quest.com Resource Center > Newsletter Small / medium size business owners: Would you like to grow your business by franchising. $1,000 Referral Bonus $1,000 Additional Information Is Available at Franchise Quest If you would like to visit, please don’t be shy about reaching out: I’m a coach, not a sales person. Hook 'em.
  2. “HORN IN" On Franchise / Business Ownership a monthly post with blurbs, links, and other words-of-wisdom regarding self-employment; career transition; and franchise / business ownership; as well as information for business owners who may be interested in franchising their business. January 2018 Franchise Opportunity Knocks Self-employment Beckons Start answering the call right here. News you can use to help you find The right franchise / business opportunity for you. Dream It, or Live It…the choice is yours. By Larry S. Powell Blake Mallen, a very successful entrepreneur, once told me, “The moment you stop doing what you think you are supposed to do, and start doing what you were meant to do, is when the script ends and life begins”. Is it time for you to break from the script and go after a life that offers you greater flexibility, freedom and independence? Studies show that 82% of Americans say they would like to own their own business. But, only 5% will ever realize this dream. Perhaps that can be best explained by a quote from Brian Tracey. Mr. Tracey has said, “A thousand dreams die unborn every day because the dreamer lacks the courage to take the first step”. Please allow me to describe a common scenario…You are ready for a career change-you get the urge to tell your boss what she / he can do with the latest company policy. The reality of corporate life is becoming more painful …job security is an illusion…your work-life and income is being dictated by someone else…your employer isn’t investing in your future. Now, your brain is on a mental trampoline and you exclaim, “Well, why don’t I invest in myself?” Then, your mind begins to race back and forth between the known reality of the uncertain life in corporate America, and the unknown aspects of how you can get independence through business ownership. If you are one of the 82% don't let the "FUD (Fear, Uncertainty & Doubt) Factor" stop you. There is a book written by John Ortberg, If you want to walk on water, you’ve got to get out of the boat. The “boat” is what you hang on to, or whatever represents safety and security to you and that which pulls you away from the high adventure you actually seek. For many, moving towards the dream of being a business owner is simply letting go of the boat we call “corporate America”. What it really entails is going after what you were made to do, leaving the illusionary lifeboat behind and setting sail for uncharted waters. If owning your own business has been an aspiration of yours, do you want to continue to dream, or are you ready to take that first step towards turning your dream into reality? Perhaps you are like the clients I work with every day… Want to leave their corporate America job, In career transition, Desire to be self-employed, But, don’t know what type of business is right for them, where or how to start the process. My free and no-obligation consultative and coaching service will help you to crystallize your lifestyle needs, goals and objectives, as well as whether self-employment is even the right path for you to take at this time. If so, then through a search process we will identify franchise and business opportunities (“biz-op”) that are aligned with your talents, interest, goals, and financial requirements. My role is NOT to sell you a franchise “biz-op”. My objective is to help you identify and refine your goals and needs, present to you options that align with those goals, and then to help you make a sound decision that is best for you, your family and your lifestyle. Whether you are a first time buyer wanting to operate a single business unit, or an experienced operator seeking the right Master Franchise opportunity, I can help you find the option that fits your needs. There are thousands of franchise and “biz-op” concepts available today and cover just about everything from advertising to casual dining, laundry / dry cleaning, home repair, maid services, printing / copy services, real estate and weight control. And, since the franchisor knows the business, they aren’t looking for prospects with industry experience. They want franchisees who possess decision-making ability, customer service, business and management skills, and drive to succeed, not technical expertise. Thus, buying a franchise / business opportunity (“biz-op”) has proven to be a great vehicle for thousands of people to effectively transition into a new industry and self-employment. In the final analysis, the choice and responsibility for researching business / franchise opportunities are yours, but as you contemplate such a huge decision, you should not leave any stones unturned. Getting professional assistance from a Registered Franchise Consultant may be one of the best resources you can employ and since the company selling the franchise / “biz-op” pays the fee, my service is free to you. You will be able to save considerable time and effort, as well as learn about opportunities that you are unaware of…for instance the right business for you may be one that you have never heard of, and would not even guess. Why not work from home… …and enjoy the advantages of…living where you work & working where you live. Betty Bender once said, “When people go to work they shouldn’t have to leave their hearts at home.” A modern-day version of Betty’s quote would be…”When people go to work, they shouldn’t have to leave home—period!” Today, the home-based franchise industry is growing exponentially, enabling people who desire to be self-employed the opportunity to run legitimate and successful businesses with relatively low complexity and cost. So, why not work from home? Who wouldn’t prefer a ten (10) foot vs. a ten (10) mile (or more) commute? Home-based businesses offer optimum convenience with a relatively low cost and provide greater flexibility / independence for an enhanced lifestyle Home-Based Franchises Mean BIG BUSINESS. By The Franchise Dictionary Magazine Staff Franchise Dictionary Magazine January 2018 THE HOME-BASED BUSINESS MARKET HAS EVOLVED SIGNIFICANTLY over the past decade. What was once considered a second-tier version of employment now has professional appeal. Today, home-based companies have the same stature as businesses in office or retail locations, and the volume of people choosing to launch them is growing. “The mass exodus of employment created a push for entrepreneurship” According to IncFile.com, there are more than 38-million home-based businesses in the U.S., and an increasing number of them are home-based franchises. These franchises combine the value of a franchise system along with the convenience of a home-based business. These days, there are a variety of industries to choose from. Handyman services, painting, financial services, accounting, and sales are just a few of the franchise industries that you can manage out of your living room. Brands such as JaniKing®, which now boasts 12,282 locations worldwide, and CertaPro Painters®, with 385 locations in the U.S., are largely home-based. A key driver for the expansion is the low upfront investment. Traditional franchise models, such as restaurants or retail models, typically require significant capital just to get the doors open, way before the franchisee sees a single dollar in revenue. Many times, traditional franchises could require investments of $200,000 or more and limit the pool of potential buyers due to capital constraints. The homebased model doesn’t have construction or leasehold expenses and typically carries an investment ranging between $50,000 and $75,000, depending on the franchise brand. This lower initial investment allows for the franchisee to get into business with lower capital commitments and look forward to a potentially higher return on investment. LOW OVERHEAD Another advantage of a home-based operation is that once the business is open and running, the overhead expenses associated with managing the day-to-day are very low. You can avoid a commercial lease and the high equipment costs that come with a restaurant or retail business. Since many run without staff or employees, the cost of operation is minimal. While working from home doesn’t necessarily mean fewer hours on the job, it does offer flexibility. Home-based businesses help improve work-life balance. You can spend more time with your family and create a schedule that works with your kids’ activities and home-improvement chores. WHY NOW? Why has this market segment expanded so greatly? The recession between 2008 and 2010 certainly helped. According to The Bureau of Labor Statistics, more than 8.7- million jobs were lost from 2007 to 2010. This mass exodus of employment created a push for entrepreneurship, partly out of necessity and partly because professionals were feeling that the corporate world had become just as risky as venturing out on your own. During this time, employers who were hiring were preparing for another economic turndown and thus, paying far more conservatively than they were before the recession. “Small business is a good thing for the economy, and home-based businesses are playing a huge role in that.” NEW ENTREPENEURS The U.S. saw fewer high-paying employee positions and more unemployment and underemployment. Many of these recently unemployed folks had never owned businesses or been entrepreneurs, for which the franchise value proposition is strongest. Coming from professional office settings, these new entrepreneurs could easily transition to home office locations and were more comfortable with lower capital investments. Remember at the time, capital was difficult to come by as banks had tightened their lending and Small Business Administration (SBA) loans were extremely difficult, if not impossible, to obtain. This perfect economic storm pushed people towards home-based franchises and created a market for work from-home business owners. The increased interest led to new, innovative, forward-thinking franchises that offered everything from home handyman work like The Patch Boys® to professional event planning like EventPrep.® Accounting, financial planning, import/export businesses, and others launched franchise models, and the home-based franchise industry took off. SUSTAINABLE GROWTH Since then, the home-based franchise market has continued to see sustainable growth putting more and more people on the road to business ownership. According to the SBA, from 1996 to 2014, the number of small businesses in the U.S. had declined year over year, but in 2014, that trend reversed and more small businesses opened between 2014 and 2015. Perhaps this is due to what the SBA describes as “Micro Companies,” which are firms with 10 employees or less. One thing is for sure, though: Small business is a very good thing for the economy, and home-based businesses are playing a huge role in that. **************************************************************************************** Every year, thousands of people dream of owning a business and are drawn to the independence, flexibility and freedom of being self-employed. The job market as we have known it continues to change, so people are retooling their vision of how they will make a living in the years to come. This is driving people of all ages and career types to pursue self-employment options, including small business ownership as the “new” career of choice. Today, creating your own job has become the new path to job security. A franchise / business opportunity may not be right for everyone and they are certainly not all created equal, but a good business model can lower the risk factor and accelerate one’s potential for long term success. The key is finding the right match between the franchise / business opportunity model and the owner-operator. Oliver Wendell Holmes once said, “The great thing in this world is not so much where you stand, as in what direction you are moving.” Are you allowing your professional life to wander aimlessly, or stand still? Do you dislike your corporate job, but don’t know how to find your real niche in life? A window of opportunity won’t open itself… **************************************************************************************** You desire to be self-employed… What is preventing you from moving towards that dream? ENTREPRENEURSHIP Is Living A Few Years Of Your Life Like Most People Won’t, So That You Can Spend The Rest Of Your Life Like Most People Can’t. -Unknown **************************************************************************************** Textile Recycling I am always looking for new, unique, and innovative concepts. Recently, I found a concept which I believe is interesting, unique and will fill a need in the recycling (green) market… Until I learned of this business, I never knew there was an industry specializing in “textile recycling”. I had an interesting teleconference with the company’s Franchise Development Manager. He helped me to better understand this business and the market niche it serves. He also told me that recently he bought a shirt in an upscale retail outlet for $47.00. The shirt had a tag… Made from 100% rewoven / recycled textile material. The same stuff my wife and I don’t know what to do with, so we just chunk it in the trash…and it goes to the landfill / garbage dump. Passive Ownership: Yes… Retain your job or career, or continue running business during job transition… Low cost, part-time, semi-absentee, work from home ownership. Supplement / complement your present business. If you would like additional information, or to discuss in further detail, please call or send me an email with phone number and a good day(s) / time(s) for me to call you. **************************************************************************************** Would this scenario be of interest and value to you… a process where you receive assistance to help you better identify your goals, financial requirements, lifestyle needs and what you would like for your work-life to look like; then provided information on self-employment options and guidance on exploring these opportunities within the confines of a safe and no-obligation environment. Remember, a window of opportunity won’t open itself! If you are ready, let’s discuss a methodical approach (not a one-time event) and an informative journey through the exploration / discovery process. Are you in career transition, or contemplating making a change? Would you like a "sounding-board"? As a former Human Resources executive and now a Franchise Coach / Consultant, I have over three (3) decades of assisting folks with career transition. Plus, I have personally walked down that path a couple times myself. If you would like to visit about career transition in general, entering self-employment via a franchise or business opportunity and / or UT sports, please call me at your convenience… 210-479-2491, or if outside San Antonio, 888-479-2491. Or shoot me an email with your phone number and a good day(s) / time(s) to call you. I will gladly provide complimentary advice and counsel. And, remember, I'm a coach, not a sales person. Have a job you don’t like? Seek other employment: I call that “Changing Your Curtains”. Perhaps, you prefer a bolder approach which may provide a new and invigorating work-life: I refer to that as “Changing Your View”. In 2001, I decided to “Change My View”. If you are ready… Let’s Talk. I can help you “Change Your View” too… Don't Just Change Your Curtains... Change Your View. I Did. My Story ********************************************************************************* Looking for Texas Hill Country Property Cabin, storage building, workshop, ponds, water well, and septic on 166 acres. 30 miles northwest of San Antonio / 9 miles southeast of Bandera. http://listings.texas-landman.com/texas-landman/pipe-creek-ranch ********************************************************************************* If you are seeking top-quality financial / investment advice, I highly recommend Teamwork Financial Group and Doug Moe...Texas Ex. Doug is the CEO of Teamwork Financial Group in San Antonio. He is an attorney and CPA. He has provided valuable insight to me and my wife regarding investment / financial advice, including guidance on having a Will vs. Revocable Living Trust, re-balancing our investment portfolio, as well as assisting us move a portion of our IRA investments into Fixed Asset Annuities. Over the past several months, I have had a number of very enjoyable meetings with Doug, since we have a tendency to spend time talking sports, as well as financial / investment stuff. Doug played basketball at UT in the 80s and is the son of Doug Moe, the former coach of the San Antonio Spurs. And, a great guy. ********************************************************************************* Do You Need Furniture Repaired... If so and in the San Antonio area, CALL Pat Bonney...Texas Ex... Owner of a Guardsman Furniture Pro. franchise...The Most Trusted Name in Furniture Repair. Pat was on the UT baseball team in the early 70s. I have used Pat's service multiple times for a variety of furniture repairs in my business and home. Great guy and fantastic service. 210-849-9663 Email: gfpsa@sbcglobal.net 2017 newsletters; as well as copies of 2016 and 2015 newsletters can be viewed by going to the Franchise Quest Website. Click on the Website link below, or go to: www.franchise-quest.com Resource Center > Newsletter Small / medium size business owners: Would you like to grow your business by franchising. $1,000 Referral Bonus $1,000 Additional Information Is Available at Franchise Quest If you would like to visit, please don’t be shy about reaching out: I’m a coach, not a sales person. Hook 'em.
  3. “HORN†In On Franchise / Business Ownership …a monthly post with blurbs, links, and other words-of-wisdom regarding self-employment; career transition; and franchise / business ownership; as well as information for business owners who may be interested in franchising their business. APRIL 2016 ENTREPRENEURSHIP Is Living A Few Years Of Your Life Like Most People Won’t, So That You Can Spend The Rest Of Your Life Like Most People Can’t. -Unknown- If You’re Not Happy, You’re Not Successful—So Enjoy the Journey! By Steve Rizzo March 23, 2016 Here’s something to consider. Let’s say your goal is to become a vice president of a big company. After many years of intense stress, worry and an avalanche of emotional, mental and physical overload, you finally achieve your goal, along with all the wealth and prestige that comes with it. Is this success? If you consult a dictionary, the answer would be yes. Webster’s Dictionary defines success like this: 1. The favorable or prosperous termination of attempts or endeavors. 2. The attainment of wealth, position, honors, or the like. I think it’s amazing that the words “happy†or “happiness†or “joy†are not included in the definition of the word “success.†Unfortunately, our conventional definition of success is simply achieving the goal. Not enough emphasis is placed on the value of experiencing and enjoying the journey, building character and learning life lessons along the way. Here is a hypothetical question. What if someone were to show you a video of yourself as you climbed the ladder to great success? In this video, you see yourself achieving all of your goals and obtaining wealth. During this entire process, however, you also witness how you subjected your body, mind and spirit to intense negative energy along the way. Not only were you unhappy most of the time, but you were able to see how your outright refusal to allow for joy during the process affected your family, friends, associates and your overall well-being. Talk about a downer of a movie. I’ll ask you the question again. Is this success? Here’s the answer: No! I really want you to get this…. If the process of fulfilling your goal is polluted with negative energy and lack of enjoyment, it can only create more unhappiness, even if the outcome is positive in the short term. The happiness that you feel in the moment of reaching “success†is a temporary state dictated by its conventional definition. After the initial euphoria wears off, you are back in the same old negative place, because you’ve carried that same old negative mindset with you. The truth is, it really doesn’t matter how much money you have, or how famous you are, or how many goals you’ve achieved. It makes no difference how big your house is or what industry accolades you’ve racked up in your career. The entire world can view your life as the ultimate success story, but the bottom line is this: If you are not happy, you are not successful! If you are not enjoying yourself on your journey toward your goal, you’re ripping yourself off. Trust me. There are enough people willing to do that for you. The adventure toward any goal is what brings value to it. The path toward the goal is where your life unfolds and happiness is truly meaningful. When you are in the process of working to achieve something, you are experiencing who you are and what you’re made of. Your character is being tested and molded. When you become aware of the importance of every step in the process, you are sending a message to yourself, as well as the entire universe, that you are not only here, but qualified and ready to overcome obstacles along the way. All of which are essential ingredients for success and happiness. There is absolutely no reason why you can’t make a conscious choice to experience and enjoy yourself on the journey toward the goal. If you do, you will no doubt have a profound appreciation of how you earned it. In my view, that’s the ultimate success. If you make this “common-sense success strategy†a habit, it will transform your life. ***************************************************** If you aren’t happy with your job; career; or professional direction, perhaps you aren’t doing what you were meant to do. If so, start controlling your destiny and Do What You Were Meant To Do After spending 25 years in corporate America, I faced the same dilemma. Will You Become A Refugee Of Corporate America… It’s Not A Question Of If, It’s When… MY STORY Have a job you don’t like? Seek other employment…I call that “Changing Your Curtainsâ€. Perhaps, you prefer a bolder approach which may provide a new and invigorating work-life…I refer to that as “Changing Your Viewâ€. In 2001, I decided to “Change My Viewâ€. If you are ready…Let’s Talk. I can help you “Change Your View†too… Would this scenario be of interest and value to you…a process where you receive assistance to help you better identify your goals, financial requirements, lifestyle needs and what you would like for your work-life to look like; then provided information on self-employment options and guidance on exploring these opportunities within the confines of a safe and no-obligation environment? "The Great Risk In Life Is To Wait And Depend Upon Others For Your Own Security". -Denis Waitley- Small / medium size business owners: Would you like to grow your business by franchising. Don't Just Change Your Curtains... Change Your View. I Did. My Story Franchise Opportunity Knocks Self-employment Beckons Start answering the call right here. News you can use to help you find The right franchise / business opportunity for you. To receive free and no-obligation monthly newsletter, which contains articles with general information self-employment, career transition, business ownership… more specific information on franchise and business opportunity (“Biz-opsâ€) options; as well as interesting concepts, or special deals, complete and submit Subscription Form MARCH Newsletter is available for viewing by clicking on the link below: FranchiseQuestLibraryMarch 2016.pdf Passing Your Business and Wealth to Your Next Generation, Plus Featured Concepts...Franchises; and Business Opportunities Note: This month's newsletter; 2016 newsletters; as well as copies of 2015 newsletters can be viewed by going to the Franchise Quest Website. Click on the Website link below, or go to: http://www.franchise-quest.com Resource Center > Newsletter $1,000 Referral Bonus $1,000 Additional Information Is Available at Franchise Quest If you would like to visit, please don’t be shy about reaching out… I’m a coach, not a sales person. Hook 'em. Larry S. Powell Franchise Quest 210-479-2491 Outside San Antonio: 888-479-2491 franchisequest@sbcglobal.net Skype: franchisequest
  4. “HORN†In On Franchise / Business Ownership …a monthly post with blurbs, links, and other words-of-wisdom regarding self-employment; career transition; and franchise / business ownership; as well as information for business owners who may be interested in franchising their business. NOVEMBER 2015 ENTREPRENEURSHIP Is Living A Few Years Of Your Life Like Most People Won’t, So That You Can Spend The Rest Of Your Life Like Most People Can’t. -Unknown- Have you ever thought about owning your own business? Do you wonder if you are an "entrepreneur" trapped in a corporate America body? WHAT’S YOUR ENTREPRENEURIAL QUOTIENT (EQ)? TAKE THIS SHORT QUIZ AND FIND OUT! Common characteristics in areas such as family background, childhood experiences, core values, personalities and more turn up time and time again in studies of entrepreneurs. Find out how you fit the mold by determining your Entrepreneurial Quotient, or EQ. The following test is no measure of your future success, but it may show you where you align with successful business owners. Answer the following questions with a “yes†or “no,†and total your score at the end to find out your EQ. YES NO ___ ___ 1. Did your parents immigrate to the United States? ___ ___ 2. Were you a top student in school? ___ ___ 3. Did you enjoy participating in group activities when you were in school, such as clubs, team sports, or double dates? ___ ___ 4. Did you prefer to be alone as a youngster? ___ ___ 5. Did you run for a school office or initiate enterprises, such as a lemonade stand, a family newspaper, or greeting card sales? ___ ___ 6. Were you a stubborn child? ___ ___ 7. Were you cautious as a youngster? ___ ___ 8. Were you daring or adventurous as a child? ___ ___ 9. Do the opinions of others matter a lot to you? ___ ___ 10. Would changing your daily routine be an important motivator for starting your own enterprise? ___ ___ 11. You might really enjoy work, but are you willing to work overnight? ___ ___ 12. Are you willing to work as long as it takes with little or no sleep to finish a job? ___ ___ 13. When you complete a project successfully, do you immediately start another? ___ ___ 14. Are you willing to commit your savings to start your own business? ___ ___ 15. Would you be willing to borrow from others? ___ ___ 16. If your business should fail, would you immediately work on starting another? ___ ___ 17. Or would you immediately start looking for a job with regular paycheck? ___ ___ 18. Do you believe being an entrepreneur is risky? ___ ___ 19. Do you put your long and short-term goals in writing? ___ ___ 20. Do you believe you have the ability to deal with cash flow in a professional manner? ___ ___ 21. Are you easily bored? ___ ___ 22. Are you an optimist? ___ ___ 23. Are you a Texas Longhorn? How to score the quiz is below the following three (3) paragraphs... Every year, thousands of people dream of owning a business and are drawn to the independence, flexibility and freedom of being self-employed. The job market as we have known it continues to change, so people are retooling their vision of how they will make a living in the years to come. This is driving people of all ages and career types to pursue self-employment options, including small business ownership as the “new†career of choice. Today, creating your own job has become the new path to job security. Do you have an entrepreneurial spirit? Are you thinking about exploring your self-employment... business / franchise ownership dream? If so, contact me. There is no obligation and there is never a cost for my service. You have nothing to lose, except perhaps "that opportunity" that is just for you. Would this scenario be of interest and value to you…a process where you receive assistance to help you better identify your goals, financial requirements, lifestyle needs and what you would like for your work-life to look like; then provided information on self-employment options and guidance on exploring these opportunities within the confines of a safe and no-obligation environment? Remember, a window of opportunity won’t open itself… HOW RESULTS ARE CALCULATED 1. If yes, score one point; if no, subtract one. Significantly high numbers of entrepreneurs are children of first generation Americans. 2. If yes, subtract four points; if no, add four. Successful entrepreneurs are not, as a rule, top achievers in school. 3. If yes, subtract one point; if no, add one. Entrepreneurs are not especially enthusiastic about participating in group activities in school. 4. If yes, add one point; if no subtract one. Studies of entrepreneurs show that, as youngsters, they often preferred to be alone. 5. If yes, add two points; if no, subtract two. Enterprise usually can be traced to an early age. 6. If yes, add one point; if no, subtract one. Stubbornness as a child seems to translate into a determination to do things your own way–a hallmark of successful entrepreneurs. 7. If yes, subtract four points; if no, add four. Caution may involve an unwillingness to take risks, a handicap for those embarking on previously uncharted territory. However, this should not affect our future as a franchisee since in most cases the franchiser has assumed most of the start-up risks. 8. If yes, add four points. 9. If yes, subtract one point; if no, add one. Entrepreneurs often have the faith to pursue different paths despite other’s opinions. 10. If yes, add two points; if no, subtract two. Being tired of daily routine often precipitates an entrepreneur’s decision to start an enterprise. 11. If yes, add two; if no, subtract six. 12. If yes, add four points. 13. If yes, add two points; if no, subtract two. Entrepreneurs generally enjoy their work so much, they move from one project to another nonstop. 14. If yes, add two points; if no, subtract two. Successful entrepreneurs are willing to use their savings to finance a project. 15. If yes, add two points; if no, subtract two. 16. If yes, add four points; if no, subtract four. 17. If yes, subtract one point. 18. If yes, subtract two points; if no, add two. 19. If yes, add one point; if no, subtract one. Many entrepreneurs make a habit of putting their goals in writing. 20. If yes, add two points; if no, subtract two. Handling cash flow properly is critical to entrepreneurial success. 21. If yes, add two points; if no, subtract two. Entrepreneurial personalities generally seem to be easily bored. 22. If yes, add two points; if no, subtract two. Optimism can fuel the drive to press for success in uncharted waters. 23. If yes, add ten points; if no, subtract twenty. Just kidding, #23 isn't really a part of the quiz. But, thanks for reading this far. Small / medium size business owners: Would you like to grow your business by franchising. Don't Just Change Your Curtains... Change Your View. I Did. My Story Franchise Opportunity Knocks Self-employment Beckons Start answering the call right here. News you can use to help you find The right franchise / business opportunity for you. October Newsletter is available for viewing by clicking on the link below: FranchiseQuestLibrary October 2015.pdf Featured Concepts...Franchises; and Business Opportunities Note: This month's newsletter; 2015 newsletters; as well as copies of 2014 newsletters can be viewed by going to the Franchise Quest Website. Click on the Website link below, or go to: www.franchise-quest.com. Resource Center> Newsletter Subscribe to Newsletter...Submit Subscription Form $1,000 Referral Bonus $1,000 Additional Information Is Available at Franchise Quest If you would like to visit, please don’t be shy about reaching out… I’m a coach, not a sales person. Hook 'em. Larry S. Powell Franchise Quest 210-479-2491 Outside San Antonio: 888-479-2491 franchisequest@sbcglobal.net Skype: franchisequest
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