As part of my sponsorship, I am providing my monthly writeup on franchising. Thanks,
@MikeSinger!
I have been an entrepreneur for a long time and many of you can relate to my experience. Many people on this board have been in similar situations. I started my entrepreneurial life at Sycamore High School in Cincinnati. My partner and I started a driveway sealing business called the “Driveway Doctors.”
This is not a bragging post. I’m sharing this because I want to share how it feels to say goodbye to a full-time job in corporate America.
My Life in Corporate America
I’ve always considered myself a “corporate refugee.” Even when I worked hard I felt empty and unsatisfied. After graduating, many of my classmates were offered positions where they would have to work more than 80 hours per week. That didn’t sound appealing.
I was short on funds and accepted a sales job for an IT consulting company in Austin, TX. Soon, I realized that Corporate America just wasn’t really right for me. The pay was low. I felt unappreciated and disrespected.
I knew that I wanted something else. I didn’t know what and how to start it. On a visit to my best friend in Atlanta, he recommended I reach out to a Franchise Consultant. I didn’t know what a Franchise Consultant was. I had nothing to lose, so I spoke to her.
THE PROCESS
When I spoke with her, we focused on the following characteristics:
- A Scalable Business
- A Business that would provide me with flexibility
- One with high income potential
My franchise consultant gave me 3 business options. One of them was Vanguard Cleaning. I understood the business and believed that it was the perfect fit for me.
My wife and I ended up buying the master franchise license for Houston.
The American Dream Comes True
I started the business in June, 2010. It’s more than a decade ago but it feels like yesterday. The struggles were real! One month, I had to dip into my retirement account to pay payroll. I had some personal challenges that distracted me from running the business. All of a sudden, things started to change for the better.
The company turned into a multi-million dollar business which I sold to a strategic investor. This allowed me to diversify and buy other investments.
Now, I have a high quality of life. I am able to drop my daughter off at school each morning. I am at every tee ball game. My family goes on extended trips every summer. I can take time off during the middle of the day to go for a swim or jog. I have gained freedom!
Please contact me if you want to find out more:
Adam Goldman
FranchiseCoach.net
713-309-6776