There is NOT an EASY way to earn your financial freedom… But there are lots of ways you can eventually (but surely) get there. “HA-HA! Good one. But let’s cut the crap…” People generally (and sadly) believe that the only ones who can achieve financial freedom are: Those who are 1.) Already Rich, or 2.) Downright Lucky. Well, if that’s not a slap to the faces of those who paved their own way to success, through immense determination, countless hours of studying and hustling, and a heck load of sacrifices, what is?! If you look closely and listen with intent, you’ll notice a pattern amongst those who’ve managed to get out of the rat-race. Whether it’s Traders in Wall Street, Real Estate Tycoons playing real-life Monopoly, or Entrepreneurs making it big through SMBs, they’ve got this in common: They know WHO they are! These successful people understand what they want and what they need. They acknowledge their strengths and weaknesses, and capitalize on those! They understand their personality and the lifestyle they desire. They seek other people whom they share these commonalities with! And in knowing who they are, they begin to see the PERFECT FIT AVENUE for them to achieve financial freedom! But hey, maybe you already know who you are! Maybe you’ve already considered all these business opportunities but still can’t seem to match them to your persona. Looks like it’s our turn to make you shine! Come hang with us and discover why Franchising might just be the Right Opportunity for you! As franchise consultants, we’ll show you TOP 3 REASONS why you should OWN a FRANCHISE and we’ll also help you find the perfect fit franchise brand that completes your persona! Maybe you've heard what we have to say. Maybe you haven't. But are you willing to risk missing out on important insights that can lead to your desired success? Tune in to our Podcast to learn more about everything you WANT and NEED on franchising, investment, financing processes and options. This is Eye On Franchising, where we share our vision for your franchise future. https://www.facebook.com/lance.graulich https://ionfranchising.com/ https://eyeonfranchising.com
There is NOT an EASY way to earn your financial freedom…
But there are lots of ways you can eventually (but surely) get there.
“HA-HA! Good one. But let’s cut the crap…”
People generally (and sadly) believe that the only ones who can achieve financial freedom are:
Those who are 1.) Already Rich, or 2.) Downright Lucky.
Well, if that’s not a slap to the faces of those who paved their own way to success, through immense determination, countless hours of studying and hustling, and a heck load of sacrifices, what is?!
If you look closely and listen with intent, you’ll notice a pattern amongst those who’ve managed to get out of the rat-race.
Whether it’s Traders in Wall Street, Real Estate Tycoons playing real-life Monopoly, or Entrepreneurs making it big through SMBs, they’ve got this in common:
They know WHO they are!
These successful people understand what they want and what they need. They acknowledge their strengths and weaknesses, and capitalize on those! They understand their personality and the lifestyle they desire. They seek other people whom they share these commonalities with!
And in knowing who they are, they begin to see the PERFECT FIT AVENUE for them to achieve financial freedom!
But hey, maybe you already know who you are! Maybe you’ve already considered all these business opportunities but still can’t seem to match them to your persona.
Looks like it’s our turn to make you shine!
Come hang with us and discover why Franchising might just be the Right Opportunity for you!
As franchise consultants, we’ll show you TOP 3 REASONS why you should OWN a FRANCHISE and we’ll also help you find the perfect fit franchise brand that completes your persona!
Maybe you've heard what we have to say. Maybe you haven't. But are you willing to risk missing out on important insights that can lead to your desired success?
Tune in to our Podcast to learn more about everything you WANT and NEED on franchising, investment, financing processes and options.
This is Eye On Franchising, where we share our vision for your franchise future.
https://www.facebook.com/lance.graulich
SUMMARY KEYWORDS
franchise, business, franchisees, franchising, franchisors, brands, today, investment, risk, roadmap, ownership, most successful brands, duplex, commercial buildings, family, lifeblood, america, eye, folks, lance
SPEAKERS
Lance
Lance 00:02
Welcome to Eye on Franchising. Are you looking for business opportunities? Well, you are in the right place. We represent over 650 franchises and business opportunities. We will help you find your perfect franchise for free. We even have a free assessment on our website that will help us determine the best businesses for you based on your investment level, mindset, skillset, and life experiences. This is Eye on Franchising, where we share our vision for your franchise’s future. I'm your host Lance Graulich. Each week, we will speak to fascinating folks from the world of franchising, franchisors and founders, franchise funders and franchisees, are you looking to find your perfect franchise? Or perhaps you are an independent business owner looking to grow and scale your business by setting up a franchise? Either way, our team can help you. Eye Eon franchising where you will learn the A to Z's of the franchise. Hello, everyone. And welcome back to another episode. I'm your host, Lance Graulich. And today I will be discussing a common question that I received fairly often. And the question is why own franchise business? Let's first review the popular investment options that are available to everyone today. Wall Street, it's where I started with the family business. It's a place for people to invest in long-term stocks, bonds, crypto NFT, Bitcoin, etc. all popular today. What is your investment level? And what is your risk tolerance? That is the question as well. Real Estate is the second part of the trifecta, you get to play a real-life monopoly buying commercial buildings fixing and flipping single-family homes for a profit, or buying an investment property like a single-family home or even a duplex or two and you can even rent it out. And the third piece we're going to be talking about today, Main Street America, small and medium-sized businesses. And we'll be talking about business investments today. businesses are the lifeblood of America. When you are a business owner, you can make a great income, employ your family, if you desire, have some great write-offs and tax deductions. And don't forget about the component of building equity in this business. Just like owning a home. I know plenty of people that have purchased franchises. As an example, I know plenty of people that have purchased franchises for under $150,000, and then sold those businesses later and became multimillionaires. So if you are watching, I know plenty of people that have purchased franchises, for example, for under 150,000, and then sold their businesses years later and became millionaires. Millionaires. Pretty amazing. So you're watching this video, which means you are probably interested in having your own business? Well, that's our focus for this conversation today. Do you have a business idea? Do you have an idea for a business that you would like to create? Most people don't. Most people don't feel strongly enough about their business idea to go all in and launch a brand new business from scratch. So a fantastic option for business owners is to find your perfect franchise. So let me give you my best reasons as to why you should own a franchise. So here we go. Number one, you get to be the boss, but you already knew that. So franchise ownership gives you independence, which is what everybody desires. Everybody wants to be independent. But the other piece of it is you get independence with guardrails. Okay, you know what a guardrail is right you driving down the road, and those same guardrails that keep your car on the road keep your business on the road and focused in the right direction. The best franchisors, the folks that own these franchise brands, do provide you with an amazing roadmap to help you succeed and get there as fast as possible. From the training, support marketing, and purchasing operations technology, it's all been figured out for you to ask for help as you need it. It's like a buffet of best practices between the franchisor and best-performing franchisees you have so many people to help you be successful. The next reason I would say is to minimize your risk. So if you were going to create your business from scratch, there is an enormous amount of risk. And when you do it for the franchise. Again, you have a roadmap, you've probably all heard the saying, in business for yourself, not by yourself. Well, in this situation, you have all the support that you need. Real Estate, and Wall Street business ownership have different degrees of risk. What exactly is your risk tolerance? Anyway? When you work with a franchise consultant like myself or a franchise broker, we're going to show you the best-proven brands and the most successful brands that fit your investment level, your goals, your skill set, and your lifestyle. And let's talk about the third biggest reason I would say for today is definitely funding most people don't have all their own cash or if they do back to number two, which is a risk, they don't want to risk all of their investment. So how do you fund your business? Financing is certainly a popular option. And no one wants to use 100% of their own cash OPM. Remember that expression that saying? I had an uncle that told me that in 1989? I think it was, I heard him first say other people's money, other people's money because there are successful franchises out there. Following the same business model, the Small Business Administration will give SBA loans to franchise businesses because they know they have a much higher degree of success. And they want to give money to stimulate the local economy and employ local workers. So if you do a franchise, the large majority of franchise brands are going to be listed on the SBA registry. Because there is a model of success to follow expect to put down about 25% up to 25%. For working capital, especially as you get launched, most businesses don't come out of the gate, printing money. And thankfully, you have a business line to follow. Franchise blueprint that is certainly an original, which is a good thing. Other franchisees, that same type of business plan to get launched and banks understand your path to success specific brands that they're familiar with, and they've underwritten before. So as a franchise broker and consultant, I do help people just like you for free. So please go to my website eyeonfranchising.com, eyeonfranchising.com, and complete the 15 Minute free franchise assessment. So I can help you and it'll help you and me determine what brands are best for you based on your mindset, skillset, and life experiences. Thanks for joining me and until next time.
Thank you very much for listening today. Please like follow and subscribe so you don't miss anything here at eye on franchising. Visit our website at Eye on franchising.com e y e o n franchising.com and complete our free assessments so we can assist you in finding your perfect franchise. This is Lance Graulich. Until next time,