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Maybe You Should Buy a Franchise Since You Hate Your Job

Hate your job?

Lots of people hate their jobs. You?

(This post may contain affiliate links. Please read my disclosure policy).

If you do hate your job, what are you going to do about it? Do you have a plan? 

Some people…when faced with a job they absolutely hate, get a new job. It’s something I did-more than once.

Others look at non-traditional career moves. They look into becoming consultants. They look at buying existing businesses. Some look at franchise ownership. It’s nice to have choices. Unless you don’t.     

Your choices may be limited if you’re not in a position, financially, to go out and buy a franchise business. If I’m describing you, I know it sucks, but you do have a choice. You can continue putting aside money. You can get a little more aggressive with your investments. (Always check with a financial professional before you make any money moves.) But if you are in a comfortable enough position, financially, to at least consider becoming your own boss, franchise ownership could be your ticket out.



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Maybe You Should Buy a Franchise Since You Hate Your Job

Maybe you should take a serious look into becoming a franchise owner.

Are you an executive who’s fed up with corporate politics? There are opportunities for you that you may not be aware of. Some franchise offerings specifically target folks with executive-level experience, but from the outside at least, don’t look like a business suited for executives.

Fact: Lots of really talented people miss out on opportunities in franchising because they “hear” things from others.

  • Don’t buy a franchise. The franchise company makes all the money.”
  • I knew a guy who lost all his money in a franchise.”
  • Why would you want to be in a business like that?”
  • Are you crazy? Franchises are scams!”
  • What are you going to do, flip burgers?”

Tip: Read this 2-part article on franchise myths.

Please don’t discount franchising because of things you “hear.” We all hear things. Especially when we’re about to make a major purchase. Make a commitment to yourself to get the facts about franchising…or anything major you may be about to do-before you walk away from an opportunity.

Tip: Spend some time learning about franchising.

 

Franchise Facts

Here are a few franchise facts:

  • Some franchises probably do charge too much for their products, or for their support services. Maybe their royalties are a little too high, also. I can’t keep track of 3,000 different franchise offerings, so I’m not sure. Ask around.
  • There are people out there who’ve claimed that they’ve lost all their money in a franchise. I’d wager that some folks really have lost everything. I’d also wager that some of them have exaggerated about “losing everything.”
  • There are franchise concepts out there that may not look like something you would be even remotely be interested in owning. So what? Look at other ones.
  • We all know people who have been “scammed.” It happens in franchising, too. Maybe they purchased a franchise that wasn’t a good fit for them. Maybe the franchise salesperson lied about something. Maybe they “felt” like they were scammed. If you know how to do great franchise research, you’ll be able to find out what really happened to people that have had to close their franchise businesses up.
  • There’s a lot more to franchising than flipping burgers. A buddy of mine used to say that “there’s more to franchising than burgers, donuts, and mufflers.” He’s right.

 

More Facts And How To Get Them

A lot of people own franchise businesses they never thought they’d own. A lot of them are successful franchisees. They’re happy, too. Their “I hate my job” problems were solved. They got out.

But, does buying a franchise, instead of just going out and getting another job, really solve the “I really hate my job” issue with everybody who ends up doing it? Of course not. There are unhappy franchisees. There are people who have invested in franchises who went out of business. It happens. It sucks.

FYI: There are a couple of ways to increase your chances of success as the owner of a franchise.

  1. Purchase a book on how to become a successful franchise owner.
  2. Work 1-on-1 with me

The information is out there. Really. Good information.

After learning about franchising, you may decide that it’s not for you. That’s fine. owning a franchise is not for everybody.

But, if you hate your job do something about it.

Life’s too short to be miserable.

 

 

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joel libava

I'm The Franchise King®, Joel Libava. I help prospective franchise owners avoid bank account emptying mistakes. For over 20 years, I’ve been showing people how to make smart, informed decisions on franchises to buy, and I can help you, too!
P.S. I'm not a franchise consultant/broker.

“I've been a fan of Joel's for years. He's picked a niche and made himself the undisputed expert. I'd recommend him to anyone looking to start a franchise. "
- Gene Marks, Business Expert, Keynote Speaker
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