Dispelling the Myths About Owning a Franchise

Dispelling the Myths

About Owning a Franchise

If you have a dream of becoming an entrepreneur, you’re taking a step toward having more control over your future.

But have you considered a franchise?  There are a number of misconceptions about franchising. If you accept them at face value, there’s a good chance you’ll be robbing yourself of an opportunity that can not only be financially successful but personally satisfying. Before you rule anything out, it helps to know the facts. 

Here are the first 4 of 8 myths that will help you realistically evaluate franchising as an investment:

Myth 1: I’ll Only Become Successful By Finding The Right Business

Many of us equate “right” with what we’re already good at.  But that doesn’t mean you need to limit yourself.  Define your transferable skills from the corporate world – delegation, people management, marketing, whatever.  If you had them in one type of business, you can easily move them to another.

Myth 2: I Can only Be Successful Doing Something I Love

Believe it or not, businesses based on an owner’s background have the highest failure rate.  Your franchise business is a vehicle to the lifestyle you’re seeking.  

If you limit your choices to what you’re familiar with or good at, you’re placing yourself at a major disadvantage, because you’re ignoring a huge number of possibilities that are outside your realm of past business experience

Myth 3: I’ll Instantly Know The Right Opportunity When I See It

Many people want to fall in love with their business at first sight. That’s an emotional decision, not a career choice. You have to take the time to learn about the details and nuances of the opportunity to understand its potential. You simply can’t do that when you make a determination based on just what you feel today.

Myth 4: I Can’t Be In A Business I Know Nothing About

Of course you can. It’s instinctively natural to want to remain in our comfort zone and stick to areas we have experience in. But as a franchise owner, your business is running and growing your business no matter what it is. Remember, you have transferable skills. That’s your strength. You can hire people who know the details. Your road to success is buying into and learning the system, which is already a positive working model, then using your talents to make it grow.

Andy Ainsworth

408 520 4101

aainsworth@esourcecoach.com
www.esourcecoach.com/aainsworth

My First Press Release

FOR IMMEDIATE RELEASE

Contact:
Andy Ainsworth
The Entrepreneur’s Source in Milpitas
408 520 4101
aainsworth@esourcecoach.com

Local Resident Turns to Business Coaching, Helping People in Career Transition

Milpitas, CA (Grassroots Newswire) 9/13/12 -- Helping people realize the American dream of business ownership, Andy Ainsworth is now an extensively trained business coach with The Entrepreneur’s Source (TES) (www.esourcecoach.com), servicing aspiring entrepreneurs or people in career transition. Ainsworth is now offering business services to help people in two ways: 1) to find the right business for their lifestyle goals and needs, and 2) providing franchise business coaching services to existing business owners.

"I can introduce business concepts to people who want to make the career transition to business ownership by taking them through a ’discovery process’ to identify the right business concept that makes sense for their goals," Ainsworth said.

"Business ownership is a great way to become more self-sufficient and take control of your future.  Being a business coach allows me to work with people in career transition to find the right business and then help to make that business succeed.  I truly enjoy motivating people and organizations to achieve their full potential," Ainsworth added.

As a TES business coach, Ainsworth will be armed with E-Myth®/TES co-branded products targeting both the small business and franchise owner.  AIM™ for Success is an introductory business education program for aspiring entrepreneurs considering franchise business ownership. AIM introduces the E-Myth entrepreneurial perspective as well as the E-Source franchise education and coaching methodology.

FAST™ (Franchise Accelerated Success Training) is designed for new and existing franchise business owners ready to take their business to the next level of success. FAST presents E-Myth’s proven business-success systems and TES’s proprietary franchise coaching methodology exclusively developed for the franchise business owner.

In today’s New Career Economy®, individual’s job security and financial freedom is being threatened. The traditional job market no longer offers the security individuals and families need to live well. Taking control of their lives through becoming self-sufficient is now the new way to reach the America dream of living with long-term financial freedom.

The Entrepreneur’s Source is part of the FranchisEsource Brands International (FSBI) (www.franchisesource.com), a family of Business Coaches that service the entrepreneur.  FSBI’s Business Coaching brands dominate 33 percent of the business coaching and consulting franchise market in North America, a market valued at $1.5 billion.

For more information about Andy Ainsworth's business coaching services, call 408 520 4101 or email to aainsworth@esourcecoach.com.

About The Entrepreneur’s Source®   (TES)
The Entrepreneur’s Source is North America’s leading career and Business Coaching Company dedicated to the entrepreneur with more than 230 offices in the United States and Canada.  The Entrepreneur’s Source offers a full range of services to individuals seeking alternate career options and to franchise businesses looking to increase performance. Today, The Entrepreneur’s Source dominates the $1.5 billion dollar Business Coaching/Consulting franchise market in North America.  The Entrepreneur’s Source has the unique distinction of being ranked in Entrepreneur Magazine’s top Franchise 500 for ten consecutive years, placing #130 in 2012.  It has also place on the prestigious top 100 lists in Entrepreneur Magazine’s “Fastest Growing Franchises”, “Top Global Franchises”, and “Top 101 Home Based Franchise.  And for three consecutive years, Allbusiness.com listed The Entrepreneur’s Source on the All Star Franchise Rankings at #53 for 2012.  For more information about The Entrepreneur’s Source’s coaching services go to 

www.entrepreneurssource.com

Documents and/or Photos available for this release:

Andy Ainsworth