One very small thing can make such a huge difference in an outcome. In the case of the words wandering and wondering, it is one letter. The words sound very similar and when spoken by some can sound interchangeable...but they are most certainly not. When it comes to business, wandering is the brake whereas wondering is the gas. Whether you move depends on that one letter.
The last thing most people think about when starting a business is how they will end it. Yet, in many ways you should consider how everything you do from the beginning will affect your ability to exit the way you want. Let's assume that after many, many happy years of running your business, the time has come to sell and move on to a different phase of life. Here are some things you might consider from the onset that could make a big difference in your experience moving on.
Before you start a business, it is important to consider the things that will be required to be successful in that business. This is especially true when the business requires that you interact with people, and it is pretty hard to find any business completely absent of that. JumpBunch, for instance, is a business where people drive things from every angle, almost like the wheels on a car. If one tire is low, it affects the performance of the vehicle as a whole. A blowout of a tire stops you in your tracks. By carefully considering what has to be done for success, considering if you are able to do it, and realistically asking if you will do it, the road to owning your own business can be one that leads you to where you want to go instead of where you simply end up.
As a football fan, and more specifically an Atlanta Falcons fan, I have recent and heart breaking experience with halftime adjustments. Problem was, the adjustments were made to beat my team that seemingly had things locked up. The New England Patriots went into halftime last January with dimming chances to be Super Bowl champions two quarters later. However, at the end of those two quarters they were indeed champions yet again. For that to have happened, the team had to make adjustments to a direction that was not headed towards what they all wanted. Those adjustments certainly would have included things they were doing that needed to stop and things they weren't doing that needed to start.
January is all about goal setting right? You must set your goals so you know what you are working towards this year. I am not going to discourage that, but this year I am taking a break from encouraging it. The reason is simple. Everyone assumes the starting point is the goal, but just leaping into goal setting is like taking Spanish 2 before Spanish 1. So let’s just save the goal setting for another day…or year. The truth is, if you understand the prerequisite then the goal setting is not a chore but an act of enjoyment and clarity.
There are four things necessary to succeed in JumpBunch, or most all other businesses for that matter. By succeed I don't mean to have some success. In fact, you may only be able to consistently do 1-2 of these things to see some sporadic progress and growth. Inevitably you will be derailed temporarily or permanently without intrinsically having them all or quickly being able to understand and master them.
When you hear the name Amelia Earhart there is only one thing that comes to mind. As the first woman to ever attempt a flight around the world, her name is now synonymous with blazing a trail for female pilots. Did you know though that Amelia Earhart is still alive? Amelia Rose Earhart indeed lives, and every day she is asked about her famous name. When her parents, who obviously already had the last name, decided to name her after one of the most famous women ever they did that in part to hopefully inspire her to do something just as great.
Franchise Business Review recently featured Jil Anderson in a JumpBunch franchisee spotlight interview for their website. In many ways she is the embodiment of what makes a successful JumpBunch owner. She did her research, knew what she was looking for, and then committed herself to following the established system her chosen franchise had in place. As Jil has grown more successful as a franchise owner, her level of giving back to the system has only increased. This high level of engagement benefits her fellow franchisees, but it also keeps her focused on the fact that you are never too experienced to learn from your peers. Along with the established practices and procedures, the group dynamic and opportunities for peer to peer interaction are invaluable parts of the franchise experience.
Many entrepreneurs opt to franchise a business rather than starting from scratch. The security of a proven business model combined with the support and resources offered makes it very appealing. However, it is important to remember that even franchise businesses can be risky if the decision is made without a lot of thought and planning. It’s easy to avoid being guilty of the common mistakes that a lot of entrepreneurs make, if you keep the following tips in mind:
When you’re looking for the perfect franchise to get your entrepreneurial dreams started, there are a few key things to look for. Most people know that they need to find a franchise with a solid business model, with plenty of room for growth and support for the corporate team once you buy into the business. But one important factor that very few people consider is the type of owner network they might be a part of if they buy a franchise.