Risk Aversion

Many people seem to believe that being in business as a franchisee is a big risk. Nothing could be further from the truth. If you want to gamble, go to a Casino. Successful franchisees are typically risk averse. Sure, they understand and accept there is some risk, but they want that risk to be as Continue Reading…

Coachability

Coachability is an important key to success in many pursuits from athletes to musicians to business owners The overarching motto of franchising is: “In business for yourself, not by yourself.” We have all heard this mantra many times Most successful franchisees also adopt the philosophy of “when in doubt, ask.” There may be an abundance Continue Reading…

Persistence and Curiousity

Years ago, when I started my 1st job as a Finance and Operations Controller for a small manufacturer in Ontario, I was told not to waste my time looking into in-bound and out-bound logistics across Canada and the US It was made very clear that my predecessor had just negotiated a great new deal So Continue Reading…