Franchise Money Maker

This article is written and owned by Derek O’Dwyer

When prospective franchisees contact me, they usually ask
me relatively similar questions:

1. What were you doing before you bought this franchise?
2. Why did you choose this franchise?
3. What has your journey been like so far?
4. What’s the support like from the franchisor/master franchisee?
5. If you were doing things again, what would you do
differently?
6. What’s the best tip that you can give to a new
franchisee starting out?
7. If you had your time again, would you choose this
franchise?
8. How easy is it to get customers?

Quite frankly, all of these are very valid questions as the
potential franchisee ponders over their decision to move
from a job (most probably) to entrepreneurship. These are
all very measured and fair questions. The answers that they
receive to these questions help them to cement their
decision at a logical level. They may help in securing
funding for the project as well.

When dealing with potential franchisee questions like this
I always question whether or not the person asking them has
the right mindset for success.

There are a number of questions that they need to answer
for themselves which will have a far greater impact on
their success than any of the initial questions posed
above. Questions like:

1. Do I really want to work for myself, Do I have the
discipline?
2. Am I prepared to do whatever it takes to make this
business a success.
3. Do I truly understand what is required in terms of work,
effort, commitment and the impact that this may have on my
family?
4. Do I have the full support of my family to make this
work?
5. Do I have a success orientated mindset which gives me
strength, focus and the determination to succeed?
6. Do I mix with people who share this mindset or do I mix
with people who look for all the reasons why this could
possibly fail.
7. Am I coachable and will I take advice from the people
who have already made this franchise into a success?
8. Are my belief systems in the right place i.e what do I
believe about selling and salespeople, what do I believe
about money?, What do I believe about customers or clients?

What you say to yourself, about yourself, when you are by
yourself, will have a huge impact on the level of success
that you achieve.

Every franchise is sold on the premise that it is a system
that works. They generally do work - the only unknown
factor is the franchisee and therefore the only person who
can control how the franchisee operates is themselves.

More and more profitable online franchises or sales systems
are being created now which can help potential franchisees
be successful without having to build a bricks and mortar
franchise.

—————————————————-
visit http://www.havingthebestday.com for an online
business that works. Based on a proven systems very similar
to franchising, this is life changing. Derek O’Dwyer works
with serious entrepreneurs helping them to become
financially independent.
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