Franchises - Emotional Fulfillment - The Challenge

Does A Franchise Meet Your Needs?

Do you look forward to Friday afternoon or Monday morning? Perhaps that's the true litmus test of happiness. If you're thinking about the fact that there's only one day to go before the weekend, when you just got back from lunch on Wednesday, it may be time for a change. Maybe your day-to-day activities simply aren't all that fulfilling. Maybe you're in a rut, and it feels like you have to crawl up the side of the Chrysler building to get out.

I seem to carry a certain amount of guilt on weekends because I'm always looking forward to Monday morning. I know the next challenge resides there. Although I certainly enjoy my leisure time, it seems that I'm always looking for the next opportunity to rev up, and meet the next challenge of being in business. It is my belief that the vast majority of us, all members of the same realm of humanity, miss the opportunity of feeling that motivation in our work.

On average, each of us gets about 3 billion heartbeats. We all have to determine what to do with them. If you're suffering through 35 to 40 hours a week in a job that offers no challenge, perhaps alternatives need to be examined. Perhaps that's a lot of blood being pumped nowhere.

Now that's not to say that many jobs don't offer that challenge. Many of society's best producers are employed, and through that employment, they help their companies achieve great things. If that's you, then these humble thoughts don't address your situation.

On the other hand, if it seems like it's just past a million o'clock, and it's really just before your morning break on Tuesday, then it's probably time for a re-think. Speaking of breaks, I think the last formal break I took was in 1977. I find that breaks aren't as much fun as the business at hand, so why bother? Now that's got to have some psychoanalysts seeking me out to slather some wisdom on me like cocoa butter on a sunburn. That's the price of loving what you do.

If you are examining alternatives for yourself, and you're evaluating a Franchise opportunity, there are many objective factors to evaluate. In a previous article about 'Control of Your Destiny', I discussed the fact that every analysis should include the standard of comparing risk to return. It should include income projections, and cash flows. It should include the analysis of financing avenues, site selection alternatives, and many other objective criteria to lead to a final decision about becoming an entrepreneur. The course of due diligence should be driven by a systematic approach to each of these items.

However, emotional fulfillment must also be evaluated if you truly wish to make the right decision for yourself. If you have a need to face challenge, as well as growth in your day, you must determine if your job can, or will, provide that challenge. Then determine if a Franchise can meet your need.

In the book titled 'Trevayne' by Jonathon Ryder, who is widely held to be a pseudonym for Robert Ludlum, the main character, of the same name as the title, said; "I can't imagine being dead before I'm President". Sorry to ruin the book for you if you haven't read it, but he made it. Is there a challenge that you need to meet before there is no more opportunity?

That's really the question isn't it? Put in a much bleaker tone, in a song called 'Where Am I Going', Gino Vannelli said "Every breath I take is farther from youth and closer to death." Whoa, that makes me think I shouldn't be sleeping so much! It also makes me feel that I don't want the birch leaves falling on me before I find fulfillment.

Being a true follower of Adam Smith, I can't imagine waking up without the drive to provide some type of supply, in order to meet a market demand. That's my self-worth. That's my reason for clouding a mirror. That's why I believe in the credo we have in our business that 'Good is the Enemy of Great'.

In your analysis of a Franchise opportunity, determine if it will provide the challenge that you wish was already in your life. If not, then don't do it. Compare your current situation to the situation you can create for yourself. Some of the related questions include:

- Do you have a general feeling of self-satisfaction?

- Are you happy when you go home at night?

- Are you able to progress up the ladder?

- Are you increasing your knowledge and skills each day?

- Are you growing or static?

- Is there challenge in your life?

- Are you respected for what you do?

- Are you mapping a course to reach your goals, dreams, and desires?

Each question should be answered systematically from the perspective of the job you're in, the job you could be in, and the business opportunity you are evaluating, to determine which is most likely to get you in flight towards the place you want to be.

If you have trouble shifting your seat to the upright position for take off every morning, you should probably see if there's a better flight crew to help get you where you really want to go. Perhaps a Franchise is the answer, and perhaps it's not. However, until you ask these tough questions, and answer them with conviction, you won't know whether you have the possibility of leaping out of that rut, and over the Chrysler building in a single bound.

Dennis Schooley is the Founder of Schooley Mitchell Telecom Consultants, a Professional Services Franchise Company. He writes for publication, as well as for schooleymitchell.blogging,com and franchises.blogging.com, in the subject areas of Franchising, and Technology for the Layman. http://www.schooleymitchell.com, 888-311-6477, dschooley@schooleymitchell.com.

In The News:


pen paper and inkwell


cat break through


Opportunity Does Not Knock

Q: I'm graduating this year with a degree in business... Read More

Creativity & Entrepreneurship - Key Questions From My Students

Hello Creative Entrepreneurs!Thought for the day:"It is not easy being... Read More

Success Secret - How To Find Million Dollar Opportunities

They're really are powerful million dollar opportunites everywhere.Ok, let me... Read More

Three Cs - What Startups Need to Get a Business Loan, Part 1

You want to get a good, solid overview of what... Read More

The Six ?F? Words Every Entrepreneur Should Know

Start your own business, and soon enough, you find yourself... Read More

Outcomes - Thats What You Need to Focus On

Successful business owners and managers need to be very clear... Read More

Entrepreneurs Ask: As a Novice Entrepreneur, How Can I Feel Less Overwhelmed?

Great question! Overwhelm is very common even among the most... Read More

Health Insurance for Solo Entrepreneurs

One of the most important benefits employed people enjoy is... Read More

3 Essential Elements of Operating a Successful Business

Have you ever imagined what it would be like to... Read More

Before the Business Plan

Purveyors of conventional wisdom would have you believe that the... Read More

Prescription for the Future and Technological Revolutions

The world sure has changed in the last two-decades hasn't... Read More

How You Can Earn $1000 A Week Part Time

About 6 years ago I started to notice that certain... Read More

If It Was Easy Everybody Would Do It

Q: I started my business about a year ago and... Read More

The Visionary Entrepreneur

Any success you have in life must begin with a... Read More

What Kind of Business Should I Start?

It's not uncommon to reach your 30s, 40s or even... Read More

Beware the Opposition!

Any time you make changes in your life you are... Read More

Differentiation ? Smart Marketing Strategies for the Solo Entrepreneur

Are you ever frustrated or hesitant when you talk to... Read More

Protect Your ASSets in Business

Many people are starting an online business without a thought... Read More

Identifying the Right Venture Capital Firm Partner

Venture capital firms are comprised of individual partners. These partners... Read More

Can You Make Money Without Money?

When I ask why you don't start your own business,... Read More

The Fear Factor

I recently conducted a lil' survey asking my colleagues what... Read More

Your Company Needs A Mission Statement; Make It Count

Does anyone remember that book "Built to Last" done y... Read More

Pre-Money vs. Post-Money Valuation

When a company decides that it must raise capital, a... Read More

The Entrepreneurs Prayer

As I awaken with the gift of yet another day... Read More

Traits and Skills of Successful Internet Entrepreneurs

There are certain traits and skills that many successful online... Read More

A Dorm Room With A View

As a senior in high school, he paid cash for... Read More

The Heroic Entrepreneur: Profiting from Your Brilliance

If you look up the definition of hero in Webster's,... Read More

Adding a Service After You Buy a Business

When you buy a business, you should have a plan.... Read More

Motivation and Commitment

Why do people start small businesses? The most frequently cited... Read More

Start a Business Selling Government Surplus

Did you ever wonder what happens to all that government... Read More

Why Most CEOs & Entrepreneurs Fail?

Times are tough. The economy is in a constant state... Read More

Starting Your Business By The Book

I've gotten several questions recently about the legalities of starting... Read More

Do You Have What it Takes to be a Successful Entrepreneur?

Print off this page, take the quiz and find out... Read More