As bloggers and entrepreneurs, we often get ideas all the time about how we can make money or even have a business or franchise of our own. Have you ever dreamed of owning a McDonald’s? What about a Supercuts? Or, maybe an Anytime Fitness? These opportunities arise when buying into a franchise.
Franchise profits range from a respectable $50k to six-figures!
A franchise offers a turnkey solution backed by a well-known brand. This creates an income-generating asset from its launch. Franchises are the perfect opportunity to become your own boss while risking little.
What are the other, exciting reasons why many get into franchises? Keep reading and you’ll not only know… you’ll want to invest!
Why Own a Franchise: Benefits of Buying into a Franchise
Some of us have fantastic business ideas but lack the finesse to launch. Others invest looking for sure things. Whatever brought you asking “why own a franchise?” — you’re here, with questions.
There are an estimated 750k+ franchise opportunities in the United States. This creates a conundrum of figuring out the what, why, and how.
Here’s what you should know:
1. Systemization and Scale
A franchise offers a system — a business-in-a-box in most regards. This means you’re buying into a proven structure eliminating guesswork. You tap into the suppliers, brand, and management process versus creating them on your own.
You gain these with a franchise:
- Business plan
- Ad/marketing plan
- Support & leadership
With these taken care of, your hard decisions become location and hiring.
Great products and service don’t guarantee success in a hyper-competitive market. 82% of shoppers are loyal to product brands. This, along with years of challenging growth, makes market penetration difficult.
Why buy a franchise? For its branding!
A well-known brand already carries expectations and a customer base. Your franchise receives instant recognition the moment it opens. Plus, the franchise spends big bucks on nationwide marketing campaigns on your behalf.
3. Financial Help
Try pitching banks a business plan and see how well that goes. You’ll likely get turned down by banks unless you have leverage and assets. A franchise, in contrast, shows a lower risk making banks open to financing.
In-house financing options are also available with some franchises.
What happens when you launch a business in town? The competition tends to gang up since they feel threatened. Your competition becomes the enemy and some even play dirty, hoping you fail.
Compare this to getting into a franchise.
A franchise community is inclusive, offering help and support to newcomers. The franchise provides help, letting you learn through their data and knowledge pool. But, you’ll also find allies with fellow franchisees.
You’ll also find passionate business-minded professionals providing insights and inspiration. The Franchise.org forum is a great community, the Ceterus podcast is excellent, too. This podcast brings on franchise owners sharing their success and guidance.
5. Exit Strategy and Legacy
A profitable franchise is profitable but one day you’ll seek retirement. A franchise holds value providing an exit strategy for when you’re ready to leave. The built-in support gives the next-in-line an immediate foothold in the biz.
You could sell the franchise for a profit when exiting. Or, decide to pass it down to a family member. A franchise creates a legacy.
750,000+ Franchises and Counting: Will Yours Be One?
It’s mind-boggling the options you have when buying into a franchise, let along how you can start promoting it online through blogging, social media and direct advertising. The opportunities are near-limitless!
Now knowing the reasons to buy a franchise… is this something you care to try?
Owning one is a great way to jump head-first into self-employment and entrepreneurship. There are risks and challenges, no doubt. Get a leg up, read our launch strategies for more guidance when exploring franchise ideas.
Why the Secret of Successful Blogging May Surprise You
I filmed a video earlier today.
I showed off some of my newfound flexibility due to doing deep yin yoga daily for over a year.
But the video explains a deeper blogging lesson.
This is the secret of blogging success guys. Said secret may surprise you. Or it may not, depending on where you are on your journey.
You can watch the video here.
You may look for shortcuts to blogging success. I did.
For years I figured if I worked harder and cut corners I would discover the secret, or magic bullet, yielding quick blogging success.
After falling flat on my face for years I finally uncovered the secret to successful blogging. Shocked me a bit. I waited to be featured on Oprah to get my big break. I swung for the fences. Turns out, blogging success finds those bloggers who do simple, seemingly tiny things daily.
I know this idea may shock you because you probably believe retweeting this blog post and publishing a comment on this post means little. But tagging me on Facebook and sharing this blog post – even though it seems like a tiny, insignificant action – leads to all types of exciting possibilities. Even if we do not make friends after the first time you share a guest post of mine, we may bond after you share a guestie of mine. Maybe I retweet your latest post to my 50,000 plus Twitter followers, in response to your kind share.
Guys; I retired to a life of island hopping through smart blogging because I:
- retweeted blogger’s posts
- commented patiently on blogs
- published guest posts
- published posts on Blogging From Paradise
- broadcast live videos
- published videos
Does this sound sexy? Not really. I love blogging. But engaging in simple actions over years gets boring sometimes.
Shocking, right? Didn’t you think I’d say being featured on Virgin led to stunning success? Fat chance. I got some pub and a nice branding boost but business was pretty much as usual after the appearance on Virgin.
My big blog traffic flows to Blogging From Paradise through little blogging actions I take daily. Big blogging success is a tabulation of tiny, seemingly insignificant actions that lead to huge success if you engage in these tiny actions over years of your life.
Floors most bloggers, who are too cool to comment on blogs or to promote other bloggers. You are dead in the blogging water if ego calls the shots because ego looks beyond the simple and humble blogging actions that build empires toward some big time, major league feature on major media outlets. You whiff 99.99% of the time and even if you score, business may increase but not to insane levels, in most cases.
Successful blogging is just year’s worth of tiny, simple actions, summed up, to create something eye-popping.
Publish a blog comment. Publish a blog post. Tap a retweet button. Feature a reader or blogger on your blog. Answer a question on Quora. These actions lead to something special if you generously engage in these activities for 5-7 days weekly over years of your life.
Successful blogging is hitting single after single, not swinging for the fences, trying to hit a home run every time. You will strike out most of the time. Even if you clear the fences and knock it out of the park, your success surge will be short lived.
Keep drilling those singles guys. Broadcast live on your Facebook Page. Help folks by answering a few questions on the Warrior Forum.
You probably didn’t think a guy could retire to a life of island hopping through these tiny actions but wow did they ever add up over time, leading to something awesome.
How to Drive Huge Traffic to Your Blog
Spend the next 5-7 years of your life helping people.
But first; learn blogging inside-out. Follow advice from a blogging mentor. Invest in a good blogging eBook. Invest in a blogging course.
BIG traffic numbers flow to:
- persistent bloggers
- generous bloggers
- patient bloggers
Huge traffic numbers flow to bloggers after said bloggers rendered generous service for years. Short cuts do not exist in the blogging game.
24,000 Podcast Listens in 2 Days
My friend Alonzo Pichardo and I recorded a podcast on his channel.
We chatted about how to find the right online business for you.
This podcast has registered 24,000 listens in 2 days.
Listen to the podcast here.
How do you get 24,000 listens on your podcast over 2 days?
Spend 10 years of your life learning, serving and connecting.
Most bloggers never bother learning. Insane, right? Some learn but serve little, greedily wanting big money after publishing 2 blog posts. Other bloggers learn and serve but never network, building no friendships, struggling to drive traffic because no successful person does it solo.
There are a few bloggers like Alonzo and I who devote our lives to our blogs and businesses over a decade. No; not for a week. Nope; not for a month, or for 1 year, or 5 years. A decade. 10 years.
Alonzo built a huge following over that time by helping people. I built a decent-sized following over a decade too.
Alonzo and I built up the:
to be able to chat on blogging and internet marketing topics with ease over 30-60 minutes. 24,000 people or thousands of people registering 24,000 listens would not show up, listen and share this podcast if we did not have some serious skills and knowledge in discussing this topic.
These skills were developed over 10 years. We built our tribes over 10 years.
If you want huge blog traffic numbers you simply:
- learn how to blog from pros
- practice writing
- create helpful content
- build meaningful connections
for 6-7 days weekly, over the next 5-7 to 10 years of your life. Big numbers reflect generous, intelligent, persistent, focused efforts. Small numbers reflect stingy, unintelligent, impatient, unclear efforts.
Show Up Even When You Do Not Feel Like It
I recorded a video on Facebook today.
I discussed a core concept that leads to huge traffic numbers over the long haul.
You can watch the video here.
Successful bloggers who drive serious traffic show up daily. Even if their traffic numbers seem non-existent in the beginning, this crowd believes in themselves, generously helps people and keeps serving every day over years of their lives.
Struggling bloggers show up only a few times weekly or monthly because they publish posts and network only when they feel 100%. I am a happy dude. But I rarely feel 100%. No human does. My neck feels stiff. I feel tired. But I already created 6 pieces of content today at 3:07 PM. After I publish this blog post I will have created piece of content #7.
I direct all readers back to Blogging From Paradise through those 7 pieces of content. Can you see why I drive some pretty heady traffic numbers to my blog? I create and connect freely on a daily basis. Even when I do not feel like it.
If you want to help a bunch of folks and dream of big traffic numbers, begin helping people now. Do not worry about stats. Do not sweat outcomes. Help people by publishing posts to your blog. Promote other bloggers. Comment genuinely on blogs in your niche.
Help people daily for years. Do not stop helping when numbers do not seem to be rising. Do not panic. Believe in you.
See these mini lulls through. You too will drive big traffic to your blog.
4 Successful Blogging Lessons Cats Teach You
Cats seem to follow me all around the globe.
From Istanbul to Thailand, to Fiji to Bali, to Costa Rica to New York City, I find myself living with cats.
Kitties teach you 4 successful blogging lessons too.
Note; the featured image for this post is real. My wife Kelli and I stepped into a cage with three 400 pound tigers in Thailand. Legal in the Land of Smiles.
Bonus lesson; stepping into a cage with apex predators forces you to face deep fears, a good quality to develop if you want to habitually dive into deep blogging fears. Maybe we can devote an entire post to tiger versus tabby interactions on Blogging Tips down the road. Hold me to that guys.
Let’s dive into the lessons.
1: Go Slowly
Cats go slowly.
Never one to waste energy, kitties slowly and patiently stroll through the day. Predators need to conserve energy to be ready to pounce with one explosive leap.
Like cats, go slowly, my fellow bloggers. Take your time writing your next post. Relax. Slow down. Calm down. Keep going but understand this: blogging is a marathon, not a sprint.
2: Honor Creative Bursts
Cats seemingly explode into exercise bursts a few times daily. Usually at 4 AM as these nocturnal creatures honor their hunting instincts.
Successful bloggers mirror this trait. I create 7-10 pieces of new content daily between blog posts, guest posts, videos and sometimes podcasts too. Make hay while the sun shines. Or honor creative bursts when such periods arise.
Following tip 1 helps you follow this tip. I find most bloggers to be completely burned out because most sprint and run out of energy versus taking the marathon approach. When you do go slow and steady these short, hyper creative bursts find you more frequently. Neat how it works.
3: Get Your Sleep
I watch Barnaby sleep like a baby now. He is good for hours of napping and sleeping daily.
I saw cats in Fiji sleep 18 hours or more daily. Jet lag forced me awake for a 28 hour period and I swear these cats slept a good 18-20 hours during this stretch.
Successful, energetic bloggers get ample sleep daily. Recharges the battery. Keeps you on point, too.
Folks wonder how I find the energy to create and connect as much as I do. Easy; I rest sufficiently every single day, never bothering to leave my bed until 8 hours have passed. This morning I woke at 7 AM but stayed in bed until 8 AM because 8 hours had not elapsed from beddy-bye time. Being well-rested helps me remain completely energized during my blogging work day.
4: Patiently Wait for Opportunities to Arise
Have you ever observed a house cat – or wild cat – stalk its prey?
Cats patiently wait in stealth mode before pouncing.
My cats at home wait for 10 or 20 minutes beside windows, tails flaring, muscles flexing, focused on chipmunks or squirrels in the yard. Even though my kitties cannot blast through the window and make the kill these kitties display the same immense patience exhibited by big cats like lions and tigers.
As you proceed slowly and steadily, resting amply but honoring your creative bursts, patiently waiting for opportunities like:
- ideal clients
- ideal customers
- interviews on high profile blogs
- profitable partnerships
positions you to be a super successful blogger.
Most bloggers impatiently chase opportunities and successful bloggers, repelling good things and awesome people with their desperation.
Successful bloggers work peacefully and allow opportunities to flow their way.
Years passed before I landed features on Fox News, Virgin, Entrepreneur and Forbes. Such is the case for every seasoned, veteran blogger. Patience is the name of the blogging game.
Learn sweet blogging lessons from your feline friends.
Avoid a blogging cat-astrophe down the road.
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