Monday, May 16, 2011
Thinking of Becoming A Biz Owner? The Odds Are Stacked Against You
Posted by DocFranchise at 1:59 PMThere is a great book out there by good friend and expert on all things franchising, Joe Mathews. It is called Street Smart Franchising. It states 94% of all franchise owners consider themselves successful and 75% would do it all over again.
Here is the crazy part...99% of all people would love to own a business!
99 percent!
Do you know what reality is however? Only 1% possesses the motivation needed to do so.
99% of all people would absolutely buy a business, but when asked, “What do need to make that kind of decision?” Their responses were:
* They want a business were there is little or no start up costs
* Or, at the most, from the loose change found in their sofa cushions. (Less than $1000)
* A business that doesn’t need employees, but if it does there is no turnover…(Oh Ya, there's a reality)
* A business where you opened the doors and people are lined up to buy your product…(Sounds like free sample day at the Medical Marijuana Store!)
Well this type of business just doesn’t exist and that is the reason 99% are living in a dream world (or fog). It also explains why so many "look" but never commit.
BUT the 1% that has confidence in themselves and their skill sets; they want to find a business with a proven model that they believe in but know they must work as their own. That 1% is able to reach deep down inside themselves and find the determination needed to overcome the obstacles in order to create a better future for their families and solve the challenge of an insecure financial future, they will create an action plan and make a decision.
Yes, success in franchising is terrific and more likely to create success than should you do a business independently or even a business opportunity style. But most likely you will never know unless you decide you are the 1% and take the right steps to move forward.
We can help.
Success, the faith, the confidence, the ability to create the inertia to move forward is due in large part to a developing knowledge base. That is where Vision Reach can help. Our staff works as both consultant, coach and trainer. Understanding the unknown makes it much less scary. With over 90 years of combined success in franchising we can provide you with that knowledge. Give me a shout!
John is a 30 year veteran of the franchise industry and Life Coaching. He has owned and operated, been an executive and coach/consultant in his franchise tenure. You can also contact him directly at jwilson@matchpointnetwork.com. The website is www.visionreachinc.com or office phone: 480-838-1641. His offices are located at 4635 S. Lakeshore Drive, Tempe, AZ 85282. He works throughout the United States, Canada and the English speaking world as a consultant, coach, speaker and trainer
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