When I talk to people who are considering business ownership, they often ask me: "Should I buy an existing business, or invest in a franchise?" Here's a surprising truth I've discovered: The "complete control" that comes with buying an existing business often becomes a burden rather than a benefit. Let me share the unvarnished truth […]

Have you ever wondered why many corporate employees find it challenging to build substantial wealth, despite having good salaries and investing in stocks? Recently, I came across a fascinating study that reveals a striking pattern in wealth building that most financial advisors won't tell you about. Small-sized net worth portfolios largely stick to traditional investments […]

Thinking about owning a business and considering a franchise? Over years of helping aspiring business owners find their path to wealth with Franchises, I’ve seen what separates the successful ones from the rest—and these lessons even apply if you’re considering starting your own independent business. Here are 5 critical factors to guide your decision and […]

Here's a surprising truth about franchising: the most expensive hiring mistakes happen in the first year of franchise ownership and can set you back by tens of thousands of dollars. Why? Because new franchise owners often rush into hiring without understanding the unique hiring demands of the franchise model. Let me break down the 3 […]

Here's something that might surprise you: some of the most successful franchise launches happened during economic downturns. As Eric Stites, CEO of Franchise Business Review, says, "Franchising has historically done very well under most economic conditions." Whether it's the fear of missing out during boom times or seeking stability during uncertainty, franchise ownership continues to […]

When we look at the franchise landscape, it's easy to get dazzled by the big names that dominate every street corner. But the real story of franchise success lies in understanding how these businesses evolve from small, family-run operations into thriving national brands. So today, I’m sharing an insider's perspective on three crucial growth stages […]

When most people think about franchise investments, their minds immediately jump to international franchises like McDonald's or KFC. But here's a surprising truth I've discovered: sometimes, a $100K investment can actually outperform a $500K-$1M franchise investment. It’s counterintuitive, but small investments are actually more profitable and recover capital in a shorter period of time. Let […]

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 […]