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Have you ever thought about becoming a Franchisee? [bctt tweet=”Are you ready to live the life of your dreams? Tune in to this episode of The Entrepreneurial You podcast as Kimberly Daly shares how we can build wealth and live the life of our dreams through franchising!” username=”theentrepyou”]
Here are three reasons why you should listen to the full episode:
- Discover the benefits of franchising and learn how to build your wealth.
- Learn effective strategies on how to select what franchise is best for you.
- Learn the importance of having clear values and goals in becoming a franchisee.
Resources
Episode Highlights
What Is Franchising?
It is a way for anybody who has a dream and wants a business, to own a business.
How Do You Know What’s The Right Fit?
- What can you afford?
- How much are you willing to invest?
- Fear of making money; fear of not making enough money
- What are your income expectations?
Being A Franchisor-
- Consider why you wish to franchise your company?
- Do the pros outweigh the cons of becoming a franchisor?
What To Look For When Trying To Identify A Franchise To Work With
- Franchises are awarded, not sold.
- One needs to focus on building a relationship, which includes:
- Ensuring that the culture of the company matches the goals of the individual pursuing the franchise.
- Ensuring that you are taking on a franchise that you will be passionate about.
- Are you comfortable going out and networking your business?
Wealth That Can Be Created In A Franchise
When we talk about wealth, coming into a franchise that you have leveraged, that you are not buying yourself a job or replacing a job for this business. It’s through the leverage of technology, people, a brand, marketing systems, that allow owners to come in as CEOs working on their businesses rather than in their businesses.
Powerful Quote from This Episode
[bctt tweet=”“Rich people have money. Wealthy people have time to spend their money”” username=”theentrepyou”]
About Kim Daly
As America’s top franchise consultant, Kim Daly (“The Daly Coach”) has inspired thousands of people to realize and follow their dreams of business ownership over the past two decades. Kim coaches her candidates to take control of their future and finances by strategically investing in a franchise brand that aligns with their unique goals. She commonly works with entrepreneurs, veterans, investors, and those in career transition. An avid marketer, Kim‘s growing YouTube channel features franchising advice, FAQs, mistakes to avoid, and enlightening interviews with powerful business leaders. Please subscribe for new franchising content shared multiple times a week at http://kimdaly.tv
Have specific questions? You can reach out and follow Kim on YouTube, LinkedIn, and Facebook.
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Stay inspired,
Heneka
