If you think about a business owner at this time of year, you probably will have one of two pictures of your mind.
- Ebenezer Scrooge - toiling away at the company business. All alone, except for Bob Cratchitt, who is forced to struggle at his desk at the same time.
- Jimmy Buffett - On vacation at some tropical paradise, enjoying a margarita on the beach. Maybe his employees are still working away during the holidays, maybe his employees are enjoying some well-deserved time off. Either way, the only thing on his mind is the sand running between his toes.
For those who have the entrepreneurial bug, #2 seems like the perfect dream. #1 is probably more expected. Putting in the hard work and effort, even past the standard 9a-5p weekday schedule.
You might be surprised. In fact, there are some business owners out there that have a standard 9a-5p day job doing something totally different. They can spend an additional 10-20 hours per week owning their business, and still have family time (especially during the holidays).
The business ownership model that I'm referring to called "semi-absentee ownership." The name of this model may sound bad, but far from it. Think about it this way, "you don't have to be there all the time." You employ managers to take care of the day-to-day operations.
There are several examples of semi-absentee ownership models in the world of franchising. This can give you a tremendous advantage. You don't have to have that "billion dollar idea." Your managers can handle the day-to-day, and you don't have to toil away at creating the brand image. It already exists and has been successful!
You get to lead from the 10,000 foot level. Provide the tips and the strategy to keep your managers in the right direction. Make sure that sales are coming in and make sure to spot-check that all of your systems and operations are in place.
Interested to learn more about becoming an owner of a franchised business concept? There are many businesses out there that could be a perfect fit for you. As a FranNet consultant, let me introduce you to their free "Perfect Match" system. We ask questions to see what type of lifestyle you are looking for. Are you looking for that full-time career? Or, like we refer to in this article, are you looking for a more laid-back, "semi-absentee" structure? We also ask about your hobbies, interests and passions. That perfect match of a business opportunity could be waiting for you.
Contact me today at 810-423-3956 or lbelford@frannet.com and lets talk a little bit more about your hopes and dreams. All of my meetings, consolations, events and webinars are free.
Especially at this time of year, its important to be around your family. As a semi-absentee owner of a franchised business concept, you will still have that time to enjoy their presence (and their presents).
