Joel LibavaIn Part 1 of this franchise series, I wrote that “travel burnout” was one pretty popular reason that folks tell me they wanted to move away from a corporate job, and move towards becoming their own boss.
Here’s Part 1, in case you missed it. It’s a quick read.
Now I’m going to share another popular reason for buying a franchise, and this one won’t be a surprise. At all.
Freedom.
I hope you enjoyed that little music break. Now, about that “freedom” thing…
Even though the business model of franchising doesn’t allow total freedom, it certainly allows more freedom than being chained to a desk somewhere in the corporate world.
The question is this;
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If you’re going to be chained to a desk, or making sales calls all day, or managing employees, would you rather that it be;
- At Your desk
- Making Sales calls for Your company
- Managing Your employees
Another way to look at this issue of “wanting more freedom,” has to do with your time.
For example, if you end up becoming a franchise owner of a *retail establishment, once your franchise business gets up and running, will you be able to come and go as you please? Maybe. (Hint; if you want that kind of freedom, put in on your list of important criteria that would make you want to look at specific franchises that fall under your criteria…in this case, freedom-flexibility.)
(Part of the franchise selection process must include specific criteria…your specific criteria. I show you how to define your personal criteria in my “How To Carefully Select a Franchise” guide.)
“Joel,I just want some freedom in my life!”
It’s a popular statement heard during my franchise consults. Lots of folks that come to me for guidance are really sick of “working for the man.” More and more people are being asked to do more and more things, for the same amount of money. It’s simple; as corporations continue to downsize, someone has to pick up the slack. Does that hit close to home?
I’ve seen what good franchise choices, combined with proper franchise research can do. I love watching folks excel as franchise owners. They are able to have a certain amount of freedom.
But Not Fast Enough
Getting to that “freedom point” as a franchise owner may not happen fast enough for you. Patience is required.
It may take a while for you to find employees that are good enough (and committed enough) to be able to step up to the plate and take care of your business, so you can have that freedom that you so strongly desire. But it can be done. Just commit to it.
If you have a business with no employees, allowing technology to assist you, can enable you to have some freedom, too. There are companies that can help you with automation.
If you’re looking to move away from your corporate job because you want more freedom, owning a franchise may be the ticket.
There are a couple of hidden jewels in this post.
(Here’s Part 3)
About the Author
Joel Libava is The Franchise King® — an independent franchise advisor with 25+ years in the industry, two published books on franchising, and his writing has been featured in The New York Times, Forbes, CNBC, Entrepreneur® Magazine and others. In addition, he wrote exclusively for the U.S. Small Business Administration blog for eight years. He doesn't sell franchises. Instead, Joel helps you figure out if franchise ownership is actually right for you — and if it is, teaches you his powerful, proven-to-work franchise research techniques, so you can make a smart, informed decision on a franchise to own and be your own boss.
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