Last August, I hosted a workshop at 36N in Tulsa titled “Buy, Franchise, or Start-up: The Entrepreneur’s First Decision.” Afterward, Jane – a pseudonym – approached me, expressing her two-year desire for business ownership with no progress. Within just 3 months, Jane found her perfect fit and is now navigating the exciting ramp-up phase of her new venture.
In this article, I talk about three ways we work together to ensure the greatest opportunity for entrepreneurial success through franchising:
1) Start Smart with the Franchise Owner’s Dashboard (FOD)
Download the Franchise Owner’s Dashboard and leverage the Executive Summary to intentionally set your vision for owning a business. Join the Franchisee Success Stop Newsletter for insights covering:
A) Uncover your core genius and delegation strategies.
B) Shape your franchise culture to impact your team and community positively.
C) Develop self-awareness to enhance decision-making and increase positive influence.
D) Tackle your growing to-do list using our proven time study framework.
When: Ideally, begin your entrepreneurial journey using the FOD framework as your foundation. However, the FOD framework and accompanying questions remain valuable at any stage, simplifying business complexity and laying the groundwork for your business culture.
Download the Franchise Owner’s Dashboard for free and work through the areas of excellence with your team. Alternatively, let’s collaborate for a more in-depth impact and exploration of your FOD. Leverage my 25+ years of franchise and leadership experience as we delve into all aspects of your business and leadership. We’ll work together at your pace for a minimum of 6 months.
2) Navigate Franchising Successfully with Our Proven Process
If you’re an entrepreneur seeking a proven process for success through franchising, the Franchise Building Expert proprietary franchise matching process is your key. Our support throughout the franchise due diligence process ensures your best chance of success. Our matching process goes beyond financial and personal stability, focusing on your ‘why.’ Clearly understanding your vision and purpose leads to a more defined strategy.
I assist you in uncovering crucial information about the franchise brand, culture, and your future lifestyle. You are altering one or more of your high-level personal goals: providing for family, maintaining health, building relationships, positively impacting your community, or continuous learning.
From our initial conversation, matching your strengths and attributes to the due diligence process with your selected franchisor, the journey usually takes 3-6 months.
Beware of the 3 Vision Thieves:
A) Time: Successful clients set a realistic time frame for business ownership at the start, maintaining focus on overcoming challenges.
For example, a recent client achieved significant progress in just 5 weeks, moving from searching for a business for 2 years to engaging with the franchisor. Focused efforts reduce the time it takes to get your new business started.
B) Fear: Addressing fear is vital; it’s a natural part of the journey. Our conversations uncover your more profound questions, and we find the answers together.
C) Spousal/Familial Support: Owning a business requires sacrifice, especially in the first year. Having the support of those closest to you is crucial.
3) Collaborate in a Small Group for Big Impact
You are a franchisee and recognize the value of working with a small group of entrepreneurs to solve big problems, the Franchisee Advanced Leadership Center Mastermind is intentionally created using the Franchise Owner’s Dashboard framework. We create your plan for success in entrepreneurship through franchising.
The Mastermind comprises 6 franchisees or fewer and requires a 3-month commitment, meeting every other week. Contact me for more information and elevate your leadership while addressing significant challenges.
Ready to embark on your intentional entrepreneurship journey? Let’s connect. Email me to schedule an initial conversation and begin your entrepreneurial journey Luke@BellaVistaExecutiveAdvisors.com.
Here’s to intentional entrepreneurship and your path to success in 2024 and beyond!
#94XMovement #Franchising #Entrepreneurs
