This Month - Vision & You Have to 'Jump'

Dear ,

Happy Presidents Day. I would like to open this newsletter with some thoughts on Leadership and Vision from John Maxwell.

'Without a challenge, many people tend to fall or fade away. Charles Noble observed, "You must have a long-range vision to keep you from being frustrated by short-range failures." Vision helps people with motivation. That can be especially important for highly talented people. They sometimes fight lack of desire.... If you can see vision for your team, then your team has a reasonably good chance at success. Vision gives team members direction and confidence, two things they cannot do without.'

As a franchise coach, one of the first things I ask a prospective franchisee is - 'What is your Vision? Where are you going? And Why?' Ask yourself this question. Remember, without an understanding of what you want and where you are going, it is exceptionally difficult to know if you are moving in the right direction.

You are welcome to complete our Vision Exercise, step one in The Franchisee Workbook. This is a free download.

On a different subject, listen to the 'Jump' video below from Steve Harvey. He says a lot in 2 Minutes.!

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Respectfully,

Rick Bisio
Founder of The Educated Franchisee

You Have To Jump

You Have to Jump

Have you ever found yourself at a point where you have to make a big decision. A decision that will effect the course of your life. Were you scared? If so, watch this video. Very powerful.

Passion Vs. Profit

In any life endeavor, your chances of success increase greatly if you're passionate about your desired goal. Passion is a huge source of energy--it drives people to accomplish whatever they set out to do. And, let's face it, it's far more rewarding and satisfying to strive for something you're passionate about.

But as a franchisee, do you need to be passionate about the product or service your franchise is providing to be successful? Furthermore, do you need to be passionate about the franchise business at all to be successful?

Truthfully, the answer is .............

Click to Learn More At Entrepreneur

Franchise Incentives Becoming More Common

Over the past few years, a host of franchises have sprung up in all sorts of niches, from restaurants to health care. The result is a buyer's market, and chains are piling on incentives to stand out. Many new or small chains are offering such inducements as discounted franchise fees and reduced royalties, to ease the way for first-time buyers who have trouble landing financing. Larger chains with more name recognition are mostly targeting incentive deals at existing owners with multiple stores.

xperts don't expect the incentives to go away anytime soon. "As franchisers continue to see more competition going after a franchise buyer pool, they'll have to differentiate more," says David Nilssen, chief executive and co-founder of small-business financing company Guidant Financial.

Among the incentives he has seen are......

Click to Learn More at Wall Street Journal

Quote of the Month

"Build Your Own Dreams or Someone Else Will Hire You to Build Theirs."

-- Farrah Gray

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