“In the first year, I did $1.3 million in revenue with a 37% net profit. So I was somewhat patting myself on the back, but behind the scenes, I was working 19-20 hours a day, six days a week, I'd work half a day on a Sunday, sleep in a little bit, get some rest and do it all over again. I grew the business very quickly and I thought that's what being an entrepreneur was supposed to be like. You start a business then you just grind and grind.
In my mind, it was supposed to hurt and be really, really uncomfortable. Now, I explain to people that starting a business doesn’t have to be that hard. This is one of the things we've done in our franchise. We want to create a work-life balance. Our franchisees don’t work over 40 hours a week. It would be very atypical if they did.
Many entrepreneurs get stuck in the grind, often leading to burnout. Some eventually figure out how to implement systems for a better work-life balance, while others turn to franchising for its proven model, avoiding the need to build everything from scratch. Some of our clients already own independent businesses but want to diversify. They're drawn to franchising because it offers a roadmap, unlike the all-consuming nature of running their current businesses. In entrepreneurship, there truly is a path for everyone.
We cover many current and relevant topics. A few include:
◈What serial entrepreneurs do
◈Finding purpose in your business
◈How to scale your business