What inspired Mike to make a career change?
I was motivated to establish a small business that complemented my background in residential development while also serving the senior community. This career change allowed me to leverage my expertise in a new venture that prioritizes entrepreneurship and making a positive impact on others’ lives.
Why will Mike make a great franchise owner?
I am driven by more than just financial success; I am passionate about creating a viable business that also benefits others. My background in land development and homebuilding has instilled in me a strong work ethic, attention to detail, and a commitment to excellence, all of which are essential qualities for a successful franchise owner.
What were Mike’s search criteria for finding the right franchise company?
My search criteria focused on finding a franchise with a somewhat passive income stream, a real estate-related component, and a focus on senior care. After thorough research and consideration, I found a franchise that aligned perfectly with these criteria and resonated with my skills and interests.
Any tips on choosing the right time to take the leap into business ownership and leave the corporate world?
It’s essential to assess both personal readiness and market conditions when considering the transition into business ownership. Ensure you have a solid business plan, sufficient financial resources, and a clear understanding of your goals before taking the leap. Additionally, consider seeking guidance from experienced professionals like Liz to navigate this significant career change with confidence and clarity.