Options. Options. Options. We all want them, every day in everything we do.
Having options in how finances flow into our accounts is one area many of us tend to neglect. Most of us just put our head down and focus on getting things done, collecting that one paycheck. Sure, that corporate income is nice, but it holds us captive. It also leaves us rather stuck when it goes away.
We’ve been helping executives with a simple fix to this problem.
Executives today, especially the ones over 50, have much less tolerance for the uncertainty of corporate employment than they did as recently as just five years ago. The world of work was turned on its head by COVID and we learned a new way to work and live.
Living with the Sword of Damocles hanging over one’s head is not as okay with executives as it used to be. With the average tenure for executives being about 2-4 years, executives are requiring more control over their financial and professional fate…that means not being entirely dependent on a salary from an employer.
How does one do that?
You don’t have to walk away from your salary to start to free yourself from what is in essence “renting your income.” When you work for someone else, your income can go away at any time…especially if you’re over 50. I’m sure you’re well aware that when economic trouble is brewing, top-tier, highly-compensated employees like you are often the first to find themselves heading towards the exits because of “restructuring”…or whatever they decide to call it.
Executives are finding great comfort ‒ financially, professionally, and personally ‒ by owning their own franchise business. This “side hustle” secures retirement funds and peace of mind for their financial future. What’s really wonderful is that businesses have realized there’s great executive talent who’d be interested in having something on the side and have created a “semi-absentee” franchising model for executives who want to want to get involved without making it a full-time commitment.
Our franchise consultant ‒ like a real estate agent, but instead, he helps people find a franchise that fits them ‒ has literally help thousands of executives find a semi-absentee franchise to invest in. They spend part-time hours doing “owner stuff” while they have a manager to run the day-to-day operations. It works great for those who are working, and it provides good income for those who are only going to put in reduced hours.
Best of all is the security. As the owner, you aren’t getting laid off.
If you’re looking to create supplemental income, accumulate wealth, build a bridge to retirement, or simply reduce your dependence on your corporate position, franchising is probably a great solution for you.
The door is open right now for people who want to start new businesses in ways it’s never been open before. Have a chat with ExecuNet’s franchise consultant.
