The Franchise King®

One Sign You’re Ready To Buy A Franchise

How will you know if you’re ready to buy a franchise?

Could you get a sign from above? Maybe.

one sign you're ready to buy a franchise

Could a bunch of “coincidences” start happening that lead you to believe that it’s time to become your own boss? Potentially.

Could it be that you’re sick of looking for a new job every couple of years, and you know in your heart that you need to be the one running a business-your own business? You’re getting warm.

 

One Thing Stands Out

I’ve noticed (working with prospective franchise owners over the years) one thing that stands out. One thing that motivates people to make the move towards owning a business. That one thing is pain. Career pain.

I’m talking about the pain experienced by those who’ve been downsized, or who have just “had it” with “working for the man.”

The frustration, aggravation, and depression I hear in their voices when they reach out to me has an effect on me-in a big way.



Get Your Free Franchise Buying Checklist!
Get Your Free Franchise Buying Checklist!
Invalid email address
You'll also get my latest blog posts and my free VIP Franchise Newsletter!


That’s because it brings back unpleasant memories. Because I, too, have been downsized. And I still have powerful visuals of the last time it happened to me-back in 2000.

I distinctly remember getting told that “my services were no longer needed.” I remember the room where it happened. The desk I was sitting at. The face of the person who fired me. I can actually see all of that now.

But most of all, I remember walking next door to McDonald’s, with my briefcase in one hand, AND MY LITTLE GIRL’S CAR SEAT* in the other one, to wait for my dad to come pick me up.

a car seat
(Pictured: Not my daughter. My daughter was way cuter)

*The reason I had my daughter’s car seat was because I worked in the automotive franchising business, and because of it, I had a company car. Had, being the significant key word here. That’s why I needed a ride home.

During the 45 minutes it took for my dad to get to my location, I had some time to think. To feel. And I didn’t feel very good.

As a matter of fact, I felt like a total loser. After all, there I was, sitting in a McDonald’s (franchise), by myself, with a briefcase and a car seat across the table from me, waiting for dad to pick me up.

Then something happened.

 

I Said No

As I was sitting there feeling sorry for myself, going through the things that lead to me getting fired, something happened. I had a revelation of sorts. A sign.

Although I had no idea what I was going to do, I knew right then and there what I didn’t want to do.

I didn’t want to work for someone else ever again.

And I’ve been my own boss ever since.

 

Your Sign

Have you had a career-related sign yet?

In other words, are you in serious career pain?

Have you had it working for others?

If so, if your aggravation + pain level is at an all-time high, it may be a sign that it’s time to buy a franchise, so you don’t have to work for others.

Or maybe it’s time for you to totally go out on your own and start your own business.

Where do you stand? Are you ready to be your own boss?

Please Share This Article!
3Shares

franchise article written by joel libava
Note: When you buy through links on this website, we may earn an affiliate commission. In addition, I've started to use AI to help me craft better article titles and headings.
The Franchise King® Blog
Get proven franchise research and buying tips, helpful franchising resources, plus the latest franchise news updates and more.
Recommended Reading
Introduction To Franchising
How Much Is A Franchise?
Pros And Cons Of A Franchise What Is The Franchise Fee? How To Buy A Franchise
Best Franchises To Own

Franchise/Business Products!
Top 33 Business Ideas
Starbucks Franchise Facts
10 Best Franchise Websites
About Franchise Consultants
How To Read A FDD
Questions To Ask Franchisors
Questions To Ask Franchisees Franchise Discovery Day Franchise Reviews
Featured Franchises!

Free Franchise Tools Franchise Compatibility Quiz Net Worth Calculator
joel libava

I'm The Franchise King®, Joel Libava. For 23+ years, I've helped thousands of people avoid bank account emptying mistakes.
If you want to make a smart, informed decision on franchises to own, I can help you, too!
This is Important!
I'm NOT a franchise broker/consultant/coach. I'm a Franchise Ownership Advisor who's not paid sales commissions by franchisors!

We Visited A Franchise Expo
My wife and I are interested in starting a business so we visited a franchise expo. Afterwards, we were contacted by a couple of franchisors and we soon found ourselves deeply immersed in researching these particular franchises. We needed to take a step back and take stock of the bigger picture: 'Is a franchise right for us? Right now? What types of franchises would suit us?' We needed an independent and knowledgeable perspective. A paid consultation with Joel Libava clarified some of our thinking and gave us some useful ideas to pursue!" "
- Steve and Marci Nemburg, Toronto
"Many receive advice, only the wise profit from it."
- Harper Lee

Setup Your Franchise Business