Frequently Asked Questions

What does it mean to “feed your soul?” It has everything to do with your fulfillment in life and your livelihood. I’m a huge advocate in finding what “feeds your soul.” You'll see why I champion this in a second and how this relates to you... "Feed your soul" meaning Let’s first look at what the “feed your soul” definition is within context of one's life work - your career. Per Miriam Webster’s - “actuating cause of an individual life” Per English Baby - “something that you do which gives meaning and enjoyment to your spirit” Per franchise & funding - engaging in activities that bring deep satisfaction, fulfillment and a sense of purpose. How to neglect your soul - I struggled to get my footing starting out... I started LSU pre-med. Being a Dr./lawyer is what I heard growing up. After flunking my zoology and chemistry classes my freshman year at LSU, I knew the "Dr." path was not for me. So, I defaulted to a Psychology degree. On graduation day, I told my parents, “I’m done with college, forever.” Then reality slapped me in the face. I couldn't find a job. I took the first job I could get waiting tables at Applebees. Recognizing how ill prepared I was with my newly minted degree, I enrolled to get my Masters in Business Administration(MBA). I also landed an internship with the Small Business Development Center consulting with entrepreneurs to "gain experience." The #1 thing that happened to me while in grad school was meeting Jenny. Recognizing how lost I was regarding my career, Jenny taught me the the most valuable lesson I learned – the value of “feeding your soul.” In other words, where did my genuine interests lie? What gave me purpose? I heard what Jenny was saying, but it wasn't sinking in...yet. Upon earning my MBA, I still felt like I had limited options. My mindset was just not there yet. It was deja vu all over again - struggling to find a job. I was even more frustrated after spending two more years in school. I felt like I was spinning my wheels deeper in the mud. Despite Jenny’s guidance, I took an office “job” to have a job. My office was a tiny grey cubicle cell with padded grey walls and thumbtacks. The work that stuffed my inbox every morning did zero to inspire me. My frustration with my career and life was coming to a head. . That job literally sucked the life out of me to the point I had my only ulcer at age 25. I was never meant to be couped up in a grey cubicle cell.

Should parents and high school seniors consider investing in a franchise or a college degree? We look at the costs of both. We also look at the revenue possibilities of both. Candidly, there's actually 5 options to consider we'll explore...

Fear is the #1 factor Fear holds most people back from investing in a franchise or a business, traveling overseas for the first time, leaving a bad relationship, stepping on stage to speak, or even investing in oneself. We all do it. Our imposter syndrome is our worst enemy in any of those scenarios. Sometimes we're more comfortable with the status quo driven by fear. Fear only robs us of our true potential. Three root causes of fear hold most people back from investing in a franchise. We'll break each one down. We'll also share the solutions so you can fulfill your vision. Mental Block #1 - Money You're not alone on this one. Money is the top reason of the three. That makes sense because we all work so hard for it. We all have mental images of banks and vaults to protect our money. And we always feel we need more. When a baseball player goes into a funk, afraid to pick up the bat, he loses. If he won't swing out of fear because he may strike out, what's the point of owning the bat? Money works the same way. It loses its value when it just sits there. Money is simply a tool to leverage to make more money. And we all need more money to eat and pay for housing as time passes. That's a constant theme of money that repeats itself over and over. Let's shift the focus. Mental Solution A. Understanding the risk of not using your money and letting it devalue. Which means you're losing your money. Mental Solution B. Understanding money is your investment tool to make more money. Investing in a business is one viable option to multiply your money. Look at almost any street corner in the U.S. or many of the service trucks on the street; many have used franchising as their vehicle to invest in. Regarding risk, the success rates of investing in a franchise are significantly higher than starting from scratch with a startup. There's less risk of losing both time and money. See here . Mental Solution C. Understanding you can leverage the money you have to raise more money. You will be able to invest in pursuing your entrepreneurial journey. You may have funding options that open up possibilities. Click here to see your options. Mental Block #2 - Skills Many fear they don't have the skills needed to operate a business. Let's shift the focus. Mental Solution A – Understanding we all have skills we can use. Mental Solution B – Understanding we don't need all the skills to run a franchise. That's because when you invest in a franchise, you invest in a franchise support system. Within that support system, there are systems and processes you will be educated and trained on. Depending on the franchise , you may be working on the business, not in the business. That means many of the skills you thought you needed to have you don't need. Your role is executive in nature, building a team around you that has the needed skills. Depending on the franchise , some franchise support systems provide back-of-office support, be it a call center, bookkeeping, human resources, etc. Depending on the franchise , they may do the sales and marketing for you. Or some provide the colleterial needed so you or your team can execute. "Depending on the franchise" is the operative phrase here, making this particular Mental Block important to understand. Some will miss out on investing in a franchise, not realizing there's a franchise out there that's a good match. They miss their possibilities. As a guide, we solve that problem with the franchise & funding framework . See below. Mental Block # 3 – Lack of Self-Confidence Self-doubts creep in, which is perfectly normal – every human on the planet faces this. The good news is once Mental Blocks 1 & 2 are addressed, the self-confidence Mental Block issue starts fading away. Let's shift the focus. : Mental Solution A – When you invest in a franchise, you're investing in a support system that helps erase self-confidence issues:: a. You'll receive the franchise's playbook that includes proven systems and processes. You don't need to "figure it out." The playbook increases your success rate vs. a traditional startup. See here. b. The franchise will train you (and/or your team) on best practices to ensure success. c. You can plug into the franchisor's community of franchisees under their brand. Iron sharpens iron. The bottom line is you're not on your own. And know this; it's in the franchisor's best interest to see that you're successful. Over time, your growth mindset will fuel your confidence. Make it a great day.

Small businesses are the economic backbone of the United States. They are the American dream for many. If your entrepreneurial spirit is starving, consider your own business startup or explore franchise businesses. Start up businesses can be challenging and exciting all at the same time. Finding the right franchise is also exciting. Investing in a franchise takes due diligence. Business ownership is hard work. To be your own boss, evaluating your risk tolerance when exploring your options is essential. The major differentiator in starting a business from scratch is you have total control in making every decision. It can be overwhelming at times. In your first year as a startup business , you will be responsible for creating your playbook, figuring out every single aspect of the company, from concept to legal to branding to marketing to technology to hiring to site selection, to business operations, sales, etc. This process can take some time to "figure it out" while burning through cash. Going the franchise route , you're investing in a successful business model that provides a proven track record. Tested systems and processes are your friend and lay your foundation. Franchises offer a playbook written for you, erasing the "figuring it out" part. The startup time to launch a new franchise is significantly accelerated. Here are 9 reasons that favor a franchise vs. startup business: 1. Established Brand Recognition Franchises with an established brand can jumpstart your entrepreneurial journey. A well-known brand can provide an instant reputation and customer base. 2. Proven Business Model Franchises help take the guesswork and experimentation out of starting a business with a proven business plan as a turnkey business. 3. Proven Systems and Processes Established and tested systems and processes streamline the day-to-day management of the business. 4. Community Support Franchisees can plug into an existing network of fellow franchisees under the same brand to share what works and doesn't. Iron sharpens iron. 5. Training and Support Franchisors provide a playbook to follow, equipping new franchisees with the necessary knowledge and skills to run the business successfully. 6. Marketing Support Franchises typically provide a marketing plan and support. Some franchises offer turn key, done-for-you marketing support. Other franchises will share the marketing playbook and the collateral (designed websites, ads, commercials, banners, flyers, etc.) needed to draw attention to your business. 7. Economies of Scale Franchises contract for services at scale and buy products in bulk which helps to reduce your operating costs. Thanks to their buying power, the discounts can significantly improve cash flow, increase your margins and improve your bottom line. 8. Less Risk The established brand, proven model, ongoing support, and the community reduce the risk of failure vs. starting a business from scratch on your own. 9. Exit Strategy Franchises often have an exit value of 1.5 times the price of a non-franchise business, per the Rinker School of Business. Success rate vs. failure rate Reality is every business venture comes with risk. The good news is franchises generally have a higher success rate than startups due to the abovementioned reasons, notably the established systems, franchisor support, and the franchisor's community of franchisees.