In this episode of the Art of Passive Income podcast, Kim Daly joins Mark to provide concrete and constructive insight on owning a franchise–and sets the record straight on the many misconceptions.
For the past 20 years Kim Daly has been helping entrepreneurs, investors, and stuck 9-5 professionals take control of their lives and step out of the corporate cycle by investing intelligently in the franchise businesses and become “franchisepreneurs.” She is an international best-selling co-author of Franchising Freedom and the founder and host of the Kim Daly TV YouTube channel.
Mark and Kim cover the ins and outs of all things franchising–including all the popular misconceptions.
- The greatest opportunities for franchisees
- The risk/reward ratio
- What questions do potential franchise owners need to ask themselves?
- What kinds of franchises to consider
- How franchises are federally regulated
- Franchising in a recession
Kim also gives her take on franchise money versus time investment and life cycles.
TIP OF THE WEEK
Kim:
My Tip of the Week is, if you have the dream to own a business, do something about it. Don’t talk yourself into your own limiting beliefs. Call someone, like Kim Daly, who can help you educate yourself on the facts and then decide. Yes is the natural thing to do when you ask enough of the right questions and are satisfied with the answers. Take the first step and begin the exploration process.
Mark:
Kim is offering a really great way to solve your money and time problems and build wealth. Kim Daly has a lot of experience and can help you. Connect with her at KimDaly.tv.
WANT TO LISTEN MORE?
Did you like this episode If so, tune into another Art of Passive Income podcast episode on how to build an effective team for your business.
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