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“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.

 

March  2015

 

 

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. 

 

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…

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?

 

 

The Most Highly Paid Employees….

 

Following my graduation from UT, I spent 25 years toiling in corporate America employment in increasingly more responsible Human Resources roles.   Over the years, I came to learn that many Compensation Specialists considered commissioned sales people to be the most highly paid employees (excluding corporate senior executives) in the country.  Based on my HR experience, I also believe this to be true.

 

In the Business Section of the March 3, 2015 issue of the San Antonio Express-News , there is an article highlighting the six (6) wealthiest San Antonio billionaires on Forbes magazine’s listing of the world’s billionaires for 2015…Charles Butt; Rodney Lewis; Tom Benson; B.J. “Red†McCombs; “Kit†Goldsbury; and James Leininger.

 

Reading the article got me to thinking.  Is there a common denominator between these rich men?  And, there is…  The correlation between each of these highly successful men…They Are ALL Present or Former Business Owners.

 

So, think about it.  The highest paid employees (excluding corporate senior executives) are employed in commissioned sales roles.  And, the wealthiest folks in the U.S. (and the free-world) are BUSINESS OWNERS.

 

Yep, it is true…where there is risk, there can also be great reward.

 

Wealth: Having ownership in a business is the classic path to creating wealth. When you build a business you are building an asset that grows in value and can eventually be sold--hopefully for quite a bit of money. This wealth payoff to the owner is on top of the income received during the operation of the business. Owning a business involves taking more risk in the beginning, but the reward is that any wealth created through your efforts will accrue to you rather than to someone else (as it does when you have a job). This factor is very important to most people who choose to become business owners.

 

There is a book written by John Ortberg, “If You Want to Walk on Water, You’ve Got to Get Out of the Boatâ€.  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 Americaâ€.  What it really entails is going after what you were made to do, leaving the illusory lifeboat behind and setting sail for uncharted waters.

 

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

 

Rapidly the World is changing before our eyes.  Consistent pay raises have given way to ongoing wage freezes, or minimal increases.  The notion of lifetime employment is being replaced by downsizing, outsourcing, and off-shoring.  It is no secret:  to build wealth in America you need to build a business.  To ensure success, however, you are best to not go it alone, which is where the notion of franchising comes in.  We are now in the era of the franchise.

 

Did you know that that 90%+ of all franchises opened during the past five (5) years are still open?  With what degree of certainty can you forecast that you will still have your job in five (5) years?  

 

Franchises are everywhere today.  Even during tight economic conditions, consumers must still buy goods and services.  As the economy continues to improve and expand, businesses in operation today, will have a golden opportunity to increase their market share. In fact, financial experts believe that franchising is the “wave of the futureâ€.  During the next 10 years, franchises could comprise over 50% of the retail and service sectors. This tremendous growth should be expected based on the underlying concept-Franchises offer aspiring business owners the greatest potential for success, with the least amount of risk. Franchises will provide thousands of individuals the opportunity to realize their dream of successful business ownership and financial independence. Within both the U.S. and world economies, franchising is continuing to evolve.  This evolution will create even greater avenues for wealth accumulation among both franchisees and franchisors. The existing franchise systems will become more successful and continue to grow, while new franchises will be developed and introduced to the market.

 

WASHINGTON, Jan. 7, 2015  â€“ Franchise businesses are expected to grow and create more jobs at a faster pace than the rest of the economy in 2015 for the fifth consecutive year, according to  The Franchise Business Economic Outlook: 2015 released today by the International Franchise Association (IFA) Educational Foundation and IHS Economics.

 

"Franchising is an American success story. Independently-owned and operated local franchise businesses are growing faster, creating more jobs at a quicker pace and producing higher sales growth than other businesses. Franchising is a vital engine of economic expansion in the United States and 2015 looks to be another strong year for franchise businesses," said IFA President & CEO Steve Caldeira.

 

Make no mistake, corporate loyalty is a one-way street.  And, job security behind the corporate curtain is a myth.  So, don't just change your curtains...change your view.  You may enjoy seeing the new landscape.  Remember, a window of opportunity won’t open itself…

 

 

Small / medium size business owners:

Would you like to grow your business by franchising.

 

Don't Just Change Your Curtains... Change Your View. I DidMy 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.

 

Additional information is available in my monthly newsletter… February Newsletter

 

Subscribe to Newsletter...Submit Subscription Form

 

$1,000 Referral Bonus $1,000

 

Additional Information Is Available at Franchise Quest

 

If you would 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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Matt, thanks for your inquiry.  Those individuals who desire to get off the sidelines and enter the game of self-employment / business ownership will go through the exploration and due diligence process and make a decision based on valid information and facts, rather than preconceived notions, beliefs, and the discouraging information he / she is told by cousin Timmy or uncle Albert.  [Yes, we all have friends and relatives who are never happy or successful in their own lives, but always know all the answers].  Yep, buying a business or franchise incurs some risk...you might not be successful and you might lose your money.  But, you might be successful and enjoy a wonderful personal and work-life.

 

You are correct...a fragile economy affects self-employed business people...it also affects folks' ability to retain their job and stay employed.  From newspaper accounts I have recently read, it appears that about 100,000 employees will be losing their jobs at Schlumberger, Halliburton and Baker-Hughes.  I wonder if those people are still considering employment to be a "sure thing".  The only security one can truly have, is that which he / she creates.  

 

Several years ago, I read an article that proclaimed there were more millionaires created in the U.S. during the Depression than in any other period of U.S. history.  Kinda interesting...

 

I assume by "letting go of a sure thing", you are referring to a job with a regular paycheck?  For some folks that is a hard nut to crack.  Job = Security is a powerful myth.  Job = Regular Paycheck = Security, if and only if, you are able to stay gainfully employed.  And, there is no guarantee you will have your job tomorrow.

 

I'm sorry to ramble on, but it doesn't take much invitation to get me up on top of my soapbox.  Basically, if a person wants to be self-employed, they have to explore and understand the facts and overcome their fear and anxiety which is normal.  Before I bought my Handyman Connection franchise, I was full of fear and anxiety. [see article below...You Desire To Be Self-Employed…Perhaps A Business Owner Wannabe, But  Are Afraid… I Was Too! ] 

 

Over the years, I have had the opportunity to speak to a number of entrepreneurs and to my surprise, almost all have told me they are risk averse.  

 

Hopefully, I haven't just rambled on and failed to provide some helpful information to your question.

 

For you, or anyone interested, please check out these related articles.  Thanks again.

 

You Desire To Be Self-Employed…Perhaps A Business Owner Wannabe, But  Are Afraid… I Was Too!   But, I Slayed The Beast Called “FUDâ€â€¦Fear-Uncertainty-Doubt   http://vid.us/azjvml

 

The Insecurity of J-O-B Security    http://vid.us/fmtmc5

 

Dislike Your Job?  The Fear That Drowns Dreams…  It Is Not The Right Time       http://vid.us/zobdsg

 

Life-time Employment Has Vanished From The Earth…Just Like The Dinosaurs.   Chasing Corporate Employment Is, In Reality, A Bigger Risk Than Business Ownership.  http://vid.us/p2i9t6

                                                        

 

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