|
|
|
|
|
|
|
|
|
|
|
Does A Franchise Meet Your Needs?
Do you look forward to Friday afternoon or Monday morning? Perhaps that's the true litmus test of happiness. If you're thinking about the fact that there's only one day to go before the weekend, when you just got back from lunch on Wednesday, it may be time for a change. Maybe your day-to-day activities simply aren't all that fulfilling. Maybe you're in a rut, and it feels like you have to crawl up the side of the Chrysler building to get out.
I seem to carry a certain amount of guilt on weekends because I'm always looking forward to Monday morning. I know the next challenge resides there. Although I certainly enjoy my leisure time, it seems that I'm always looking for the next opportunity to rev up, and meet the next challenge of being in business. It is my belief that the vast majority of us, all members of the same realm of humanity, miss the opportunity of feeling that motivation in our work.
On average, each of us gets about 3 billion heartbeats. We all have to determine what to do with them. If you're suffering through 35 to 40 hours a week in a job that offers no challenge, perhaps alternatives need to be examined. Perhaps that's a lot of blood being pumped nowhere.
Now that's not to say that many jobs don't offer that challenge. Many of society's best producers are employed, and through that employment, they help their companies achieve great things. If that's you, then these humble thoughts don't address your situation.
On the other hand, if it seems like it's just past a million o'clock, and it's really just before your morning break on Tuesday, then it's probably time for a re-think. Speaking of breaks, I think the last formal break I took was in 1977. I find that breaks aren't as much fun as the business at hand, so why bother? Now that's got to have some psychoanalysts seeking me out to slather some wisdom on me like cocoa butter on a sunburn. That's the price of loving what you do.
If you are examining alternatives for yourself, and you're evaluating a Franchise opportunity, there are many objective factors to evaluate. In a previous article about 'Control of Your Destiny', I discussed the fact that every analysis should include the standard of comparing risk to return. It should include income projections, and cash flows. It should include the analysis of financing avenues, site selection alternatives, and many other objective criteria to lead to a final decision about becoming an entrepreneur. The course of due diligence should be driven by a systematic approach to each of these items.
However, emotional fulfillment must also be evaluated if you truly wish to make the right decision for yourself. If you have a need to face challenge, as well as growth in your day, you must determine if your job can, or will, provide that challenge. Then determine if a Franchise can meet your need.
In the book titled 'Trevayne' by Jonathon Ryder, who is widely held to be a pseudonym for Robert Ludlum, the main character, of the same name as the title, said; "I can't imagine being dead before I'm President". Sorry to ruin the book for you if you haven't read it, but he made it. Is there a challenge that you need to meet before there is no more opportunity?
That's really the question isn't it? Put in a much bleaker tone, in a song called 'Where Am I Going', Gino Vannelli said "Every breath I take is farther from youth and closer to death." Whoa, that makes me think I shouldn't be sleeping so much! It also makes me feel that I don't want the birch leaves falling on me before I find fulfillment.
Being a true follower of Adam Smith, I can't imagine waking up without the drive to provide some type of supply, in order to meet a market demand. That's my self-worth. That's my reason for clouding a mirror. That's why I believe in the credo we have in our business that 'Good is the Enemy of Great'.
In your analysis of a Franchise opportunity, determine if it will provide the challenge that you wish was already in your life. If not, then don't do it. Compare your current situation to the situation you can create for yourself. Some of the related questions include:
- Do you have a general feeling of self-satisfaction?
- Are you happy when you go home at night?
- Are you able to progress up the ladder?
- Are you increasing your knowledge and skills each day?
- Are you growing or static?
- Is there challenge in your life?
- Are you respected for what you do?
- Are you mapping a course to reach your goals, dreams, and desires?
Each question should be answered systematically from the perspective of the job you're in, the job you could be in, and the business opportunity you are evaluating, to determine which is most likely to get you in flight towards the place you want to be.
If you have trouble shifting your seat to the upright position for take off every morning, you should probably see if there's a better flight crew to help get you where you really want to go. Perhaps a Franchise is the answer, and perhaps it's not. However, until you ask these tough questions, and answer them with conviction, you won't know whether you have the possibility of leaping out of that rut, and over the Chrysler building in a single bound.
Dennis Schooley is the Founder of Schooley Mitchell Telecom Consultants, a Professional Services Franchise Company. He writes for publication, as well as for schooleymitchell.blogging,com and franchises.blogging.com, in the subject areas of Franchising, and Technology for the Layman. http://www.schooleymitchell.com, 888-311-6477, dschooley@schooleymitchell.com.

Wind Chimes and more... You have this burning desire you want to be on... Read More Every evening as the sun sets beyond the mangroves that... Read More Many people are starting an online business without a thought... Read More While it is tempting to just leap into a new... Read More Bootstrapping a business startup does not necessarily mean that you... Read More Our client in Chicago did, located right outside downtown too...a... Read More When you buy a business, you should have a plan.... Read More When I'm not running my own business, writing articles about... Read More What I've discovered from most of my small business clients... Read More With the economic downturn, students in all the major business... Read More Many people who set up as consultants never make more... Read More Leadership is based on two words, "pressure and support"and that... Read More I've seen terrible images today on the television and internet-bodies... Read More I've gotten several questions recently about the legalities of starting... Read More Start your own business, and soon enough, you find yourself... Read More Many franchise companies fail to send the proper message to... Read More Mission Viejo, CA - June 14, 2005 - Bob Meyer,... Read More At times all of us need a bit of inspiration... Read More It is only natural that when you start a business,... Read More Times are tough. The economy is in a constant state... Read More When it comes to a startup, the luxuries shared with... Read More 1) Go back to basics. Take a couple of steps... Read More Hello Creative Entrepreneurs!In the second course on Creativity & Entrepreneurship... Read More You want to get a good, solid overview of what... Read More What's a niche?Dictionary.com provides a great, twofold definition:"A situation or... Read More
Windchimes
for great gifts!
Are You Ready To Be Your Own Boss?
10 Tips for Would-be Entrepreneurs
Protect Your ASSets in Business
How To Start a New Business
Starting Your Business: 3 Tips for Bootstrapping Your Way to the Top
Salon Marketing Using Wireless Broadband Internet Access
Adding a Service After You Buy a Business
Veteran Entrepreneurs Are Growing In Ranks
Increasing Business BIGTIME with a Successful Referral System
Why Every Student Should Start a Business
Find Me the Expert on This!
Profile of Women Leaders
Hurricane Katrina, Death, and a Different Type of Entrepreneurship
Starting Your Business By The Book
The Six ?F? Words Every Entrepreneur Should Know
Message to Prospective Franchisees for Franchisors
Ex-Yankee Pitcher Pitches Barter As Powerful Business Tool
Applying The Daffodil Theory into Business Practice
What Makes An Entrepreneur Tick?
Why Most CEOs & Entrepreneurs Fail?
A Startup Never Closes
Top Ten Ways to Increase Your Profitability
Creativity & Entrepreneurship: The Secret to Discovering Your Purpose in Life!©
Three Cs - What Startups Need to Get a Business Loan, Part 1
Determine Your Niche & Be Successful
This year, over 800,000 of the approximately 2,000,000 start up... Read More
A recent poll conducted by Forbes magazine shows that majority... Read More
Who would ever have imagined that going door-to-door in my... Read More
Franchising InformationFranchise oppotunities are all around us today. You may... Read More
Want to know why certain people succeed and others don't.... Read More
I love bargains. And there's no better place to find... Read More
An entrepreneur is an innovator. She sees a need in... Read More
What's a niche?Dictionary.com provides a great, twofold definition:"A situation or... Read More
A number of economic changes are magnifying the role of... Read More
Entrepreneurs and their businesses have a tendency to ambush themselves... Read More
When it comes to a startup, the luxuries shared with... Read More
Does A Franchise Meet Your Needs?When you think of becoming... Read More
I had a health scare in December.As it turns out,... Read More
Hey!Many of you might disagree and I'm prepared for that.Many... Read More
It's your first business or the next Great Idea in... Read More
You have this burning desire you want to be on... Read More
For the past ten-months, I tried every drug from the... Read More
Lauren Rosenstadt was a single mom working at a herbcompany... Read More
The morning sun sheds its brilliance and warmth... Read More
Ray Bradbury's quote, "You've got to jump off cliffs all... Read More
Habits get a bum rap. When you think about your... Read More
I've got to admit, I'm a big fan of comfort.... Read More
If you look at those Corporations in franchising today you... Read More
You've probably heard this, or maybe you will relate to... Read More
Betrayal, it can hit you like a load of bricks... Read More
Entrepreneur |