Most people think that to make it as a franchisee, you need to meet the classic definition of an entrepreneur – think Steve Jobs, Bill Gates and Richard Branson, who are all contrarians and it led to huge business success.
But this is not the kind of entrepreneur that succeeds in franchising, which is all about following a proven system in order to repeat the success of the core business. There are some common traits that successful franchisees share; if you see yourself in them, then franchising could be for you:
Driven by results. You are able to set and work toward specific goals and change course if the goals you originally set don’t work.
See the big picture. Starting a franchise is often a 24/7 venture in the first year or two for a franchise owner; successful franchisees realize they can take the short-term pain for the long-term gain.
Optimistic. Problems always arise in any business, so the ability to focus on solutions and stay optimistic about the opportunities in key to franchising success.
Motivating leader. You realize that your employees and your customers are responsible for your success and you are good at motivating them.
Resilient. You get excited about business challenges and envision success as the end goal for your efforts, not letting adversity get you down for long.
To learn if you have what it takes to be a successful franchisee, attend our free August 23 webinar, Franchise Ownership as a More Stable Career Path. The webinar is free, but you need to pre-register, which you can do online by clicking on the linked seminar title.
You may also register by calling 866-246-2884.