Owning a franchise while working full time starts with one decision: making your job a rule, not an afterthought. Brian kept his corporate job and only looked at businesses that allowed it, which narrowed his list fast. He then took the rest of the decision one step at a time.
Lisa Welko talks with Brian, a new owner of a mobile pet grooming franchise in the Chicago area, about how keeping his corporate job shaped his search. It is an honest look at the decision, and the doubts that came after signing.
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What's covered
2:39 From corporate tech to franchise owner
5:30 Keeping his corporate job
7:27 When owning a business became real
10:41 The doubts after signing
Can you own a franchise and keep your corporate job?
Brian works in corporate technology. He had always been interested in entrepreneurship, but he assumed it meant a startup, with his own idea and his own website. Meeting Lisa showed him another path.
Keeping his job was his one non-negotiable. He says Lisa helped him see what was possible and narrowed his search to businesses where keeping his job and launching would both work. Lisa points out that he kept his corporate position through the whole search, and the business he chose is semi-involved.
What do you do when a business needs you full time?
Early on, Brian says he got distracted by other options. When he looked at one franchise, he told Lisa he saw no way to launch it properly without quitting his job. Her answer was to move on right away, so he would not compromise his goal.
That helped him settle on what to focus on. He admits he sometimes wants to keep a maybe in the mix. His takeaway is that you need people around you to stay focused on the ultimate goal.
“Our time is finite. There’s only so much of it.” Brian
What does it feel like after you sign?
Brian had never seen an FDD before. He learned it is a standard form that lets you compare businesses. The initial investment can feel like a turn-off, but he found there are funding options, and you do not necessarily have to put your own assets on the line right away.
He took it one step at a time, asking at each stage if it still made sense. About a week after signing, he still wondered if he had made a big mistake, because the lead groomer posting drew few applicants at first. Once the right lead groomer was found, he says the switch flipped to go time.
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