Joel Libava
That’s right: President Barack Obama may become a franchise owner. But, not a franchise the owner of a franchise that you and I could probably ever buy.
President Obama has shown interest in becoming the owner of a sports franchise. A NBA franchise. If President Obama pulls the trigger someday, it would be a first for a U.S. President. Check out the video below if you think I’m kidding.
President Obama May Wait A Bit
I’m pretty confident President Obama will become part-owner of an NBA franchise. But, it’s not going to happen until at least next year. It’s not like he could do it now. He’s kind of a busy man.
If President Obama did end up buying a sports franchise, he’d be joining a pretty elite group of franchise owners. And, he’d definitely have fun as an owner.
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This group includes:
- Michael Jordan
- Steve Ballmer of Microsoft fame
- Mark Cuban-a billionaire who owned this food franchise at one time
How Cool Would This Be
I think it would be really cool. You have to admit (take out the politics people!) our President is pretty cool. And, he loves basketball. Heck, he can even sink some baskets.
Franchises
Speaking of franchises-sports franchises, actually, I’m proud to be a Clevelander.
#CavsWin the #2016NBAFinals
So, what do you think?
Would you like to see a President as a sports franchise owner?
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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