Jack Welch Helps the Franchise King Blog (Part 1)

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Jack Welch

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The Franchise King

(Jack and I together again..with a bag of money in between)

Thank you Jack. Your simple, but powerful eight word quote is what the theme of this blog is for 2008…..

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Educational Franchises Still In Demand

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Our children need help with their studies. That seems to be the conclusion of two different groups….

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National Franchise Expo In Cleveland This Month!

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Northeast Ohio residents-mark your calendars….

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The JoelPost. January 4th,08- More Solar Franchise Inquires

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This year could really turn out to be one in which a large number of Americans really start taking a hard look at our energy consumption issues. I wrote a short post about a franchise concept in California, that is offering the nations first Solar Energy Franchise. The amount of page views from that post is the yardstick that I am basing this opinion on. I do not know if this franchise model is a winner or not. But I do know that "green" franchising is a movement that needs to be taken seriously. In case you missed it, here is the Solar Franchise story

Update! New Solar Panel Franchise Being Offered!

Do You Have the Right Personality For a Franchise Business?

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Not everybody is right for franchise ownership. If you happen to have the “franchise personality,” great. You’ll get to enjoy many advantages of the business model of franchising.

If you don’t have it, there are other options.

If you have a  ”franchise personality”, you don’t have a problem with systems. (Using them.) It also means that you’re generally comfortable with rules.  And the idea of having to learn the franchisor’s 320 page operating manual before you open the doors to your new business doesn’t phase you in the least.

Profitable franchise owners possess proper personality traits 

Being “franchise material” also means that you completely understand that the franchise concept you’re interested in buying is someone else’s “baby.” It was their idea; not yours. And it certainly wasn’t your money that went in to the creation of the concept. It takes a lot of money to set-up and start marketing a new franchise concept. There’s serious risk involved. As a matter of fact, there’s enough inherent risk in franchising a business, contests have been set up to award franchise development contracts to would-be franchisors.

It would most likely never cross your mind to try to change the system that you’re buying into. That would totally defeat the purpose of buying a franchise business to begin with. You’re quite the sharp tool. I’m glad that you figured that out.

 

What? You’re Not Sure?

 

Unless of course you’re thinking that you’re not really all the way there regarding things like rules, systems, and bulky franchise operations manuals. That’s great.

Well, actually, it’s only great if you remain skeptical about you’re ability to become a successful one. Because if you think for one minute that you’ll somehow be able to magically turn into a rule-following-operations-manual-system-following top franchisee, fawgetaboutit. It’s not going to happen. You’ll hate franchising and everything about it that makes it great. You’ll turn into a miserable SOB, and you’ll “rue the day” that you decided to become a franchise owner! 

 

 

Would you like some help figuring out if you’re “franchise material? “ 

 

A few years ago, I came up with a totally unscientific way for would-be franchise owners to find out if they should pursue franchise ownership, or not.

I developed a free franchise compatibility quiz. And it works.

Go ahead; Take The Franchise Quiz. It’s Free!

 

Joel Libava's Franchise Compatibility Quiz

 

 

 

The JoelPost. Dec. 29,07- Franchise Courage

If you are sick and tired of working for someone else, and helping them reach their goals, could 2008 be the year for you to work for yourself, and reach your goals?
Here is what it will take to break free:
1. Focus
2. Creating your own luck
3. Courage
Do you have the courage? Find out here…..

The Number #1 Commercial Cleaning Franchise!

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Jani-King is once again the number #1 franchise in it’s category, according to Entrepreneur Magazine….

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I Told You So..More EBay Drop Off's Dropping Off!

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In a previous post, I discussed what not to do, when thinking about investing in a franchise of your own….

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Happy New Year?/Slowdownnnnn coming?

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A recent article I wrote for Anita Campbell started off by saying this….

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The JoelPost. Dec. 19, 07

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With the Christmas holiday season upon us, I want to make a plea to you to support local businesses. As tempting as it is to go online and purchase items, maybe the online experience for you can be research oriented, with a goal of making purchases from a local business owner. Local entrepreneurs really impact the local economy!

Local entrepreneurs are just not store owners. Attorneys, accountants, and local consulting firms are important to use, also. No offense out of towner’s, but you need to peddle your services in your own neighborhoods. We like to buy local.