Here's an ugly truth: 80% of independent business startups fail within their first five years, according to the Small Business Administration. But here's where it gets interesting: Over 80% of franchise businesses are still operating after five years. Not only that, they are successful and profitable. As a corporate professional considering your next career move […]
When most people think about business ownership, they often imagine starting from scratch, building something entirely new. But there's a powerful alternative that many former corporate executives are discovering—one that combines the independence of entrepreneurship with the proven systems of an established brand. I recently sat down with my client Bob Hackett to discuss his […]
Have you ever wondered why some people build substantial wealth while others—despite high salaries and diligent investing—still struggle to get ahead? Recently, I uncovered a wealth-building pattern hiding in plain sight but rarely discussed by financial advisors: - Small and medium-sized portfolios focus almost exclusively on traditional investments—stocks, bonds, mutual funds—with virtually no business ownership. […]
You’ve built a strong career through hard work and results. But as you move into the next phase, the path to growth starts to look different. It’s no longer just about performance—it’s also shaped by the factors you can't control: office politics, favoritism, and red tape. It’s a tough pill to swallow for high-achieving professionals. […]
Every day, I speak with talented professionals who tell me they want financial freedom—but they can't let go of their "stable" jobs to pursue business ownership. The irony? What feels like security is often the biggest risk of all. Did you know that 1.6 million employees were laid off in the US in October 2024 […]
When most people think about building wealth, they typically consider four paths: But here's a surprising truth I've discovered after years of guiding entrepreneurs: these options are not created equal when it comes to balancing risk and reward. Let me break down the pros and cons of each: Path 1: The 9-5 Corporate Career The […]
Over the past few months, I've been sharing insider perspectives on franchising that usually take years of industry experience to discover. The response has been incredible – these insights have sparked serious conversations among corporate employees looking to build real wealth through business ownership. Today, I’m sharing 5 perspective-shifting newsletters worth your attention: 1. Why […]
Last week, a successful corporate executive sat in my Zoom meeting, his resume impressive, his savings substantial, yet something was holding him back from taking the leap into business ownership. Why? It wasn't his capabilities or his capital that made him reconsider. It was fear. Fear creates inaction – that is the biggest price you […]
Think of a franchise discovery call like a first date. Anyone can put their best foot forward for an hour. But it's the subtle signs - how they handle tough questions, their transparency about past challenges, their vision for growth - that truly reveal their character. I've seen too many savvy business people miss these […]
When you're investing hundreds of thousands into a franchise, it’s important to set everything up to deliver the fastest ROI. Yet every week, I see ambitious entrepreneurs making avoidable mistakes simply because they don't realize expert guidance is available—at absolutely no cost. Beyond just helping you pick the right Franchise options, I've identified three critical […]
Here’s the ugly truth: 80% of independent business startups fail within their first five years, according to the Small Business Administration. That's not just a statistic – it represents thousands of shattered dreams and depleted savings accounts. But here's where it gets interesting: Over 80% of franchise businesses are still operating after five years. Not […]
March 7, 2025 Every day, I speak with talented professionals who tell me they want financial freedom—but they can't let go of their "stable" jobs to pursue business ownership. The irony? What feels like security is often the biggest risk of all. Did you know that 1.6 million employees were laid off in the US […]
I need to tell you about my first business. Not because it was successful. It wasn't. Not because I made smart decisions. I didn't. But because that "failure" might be the most valuable thing that ever happened to me. Here’s the Setup On paper, I was prepared to run a business. I'd grown up in […]
