If you value following a system and want to start your own business, franchising could be a great fit for you. After all, franchise ownership is about being a "systempreneur" more than an entrepreneur. But how do you find the right franchise for you? Which type of franchise best fits your personality and goals? To figure this out, you need to understand exactly what drives your systempreneur spirit.
Over many years analyzing and helping franchisees, I have observed seven basic systempreneur franchisee personality types. You may fit into a few, but one likely dominates. Let's discuss each one's characteristics, and how they can shape your search.
1 The Inventor
You like to create. You don't need or don't want a playbook. If a process exists, you tend to ignore it or reverse engineer it to find a better way. You dream of new products, brands, and businesses. You're a "true entrepreneur." But here's the thing: Franchising is all about system conformity. Since you chafe under someone else's rules, being a franchisee is probably not a good fit. However, starting a franchise from scratch (assuming you like the franchise model as a market expansion strategy) is something to consider. You will invent systems and processes for others to follow. But you will be the creator the franchisor.
2 The Maverick
You want existing systems because you value speed and expedience. You're also okay with a bit less structure, because you're an early adopter and an energetic self-starter. You like to stake out prime territory first. You were likely promoted many times in your corporate life because you delivered the goods and got noticed. Or you've been a serial entrepreneur.
FOCUS YOUR FRANCHISE SEARCH ON:
Emerging brands (with enough processes in place)
Regional brands
この記事は Entrepreneur US の Startups - Spring 2023 版に掲載されています。
7 日間の Magzter GOLD 無料トライアルを開始して、何千もの厳選されたプレミアム ストーリー、9,000 以上の雑誌や新聞にアクセスしてください。
すでに購読者です ? サインイン
この記事は Entrepreneur US の Startups - Spring 2023 版に掲載されています。
7 日間の Magzter GOLD 無料トライアルを開始して、何千もの厳選されたプレミアム ストーリー、9,000 以上の雑誌や新聞にアクセスしてください。
すでに購読者です? サインイン
The $20 Bill That Became Priceless
As I built my snack-food brand, Sun & Swell Foods, I kept hearing the same advice: Hustle for your customers. Never turn down business. Obsessively focus on ROI. So that's what I did-and although my company grew, it wasn't profitable. This began affecting me emotionally. I love my brand and care deeply about its success. Its challenges started to feel like my own.
THE BEST MARKETING DOLLARS I'VE EVER SPENT
Great marketing doesn't require huge budgets. We asked franchisees and franchisors to share their best marketing ROI-and their stories (on the following pages) will inspire you.
READ THIS BEFORE MEETING A FRANCHISOR
Thinking about buying a franchise? You should meet the franchisor-and you should know exactly how to approach that meeting-to ensure you're making the right decision.
THE BOLDEST NEW IDEAS IN FRANCHISING
These eight innovative businesses are now franchising-and maybe in a few years, they'll be climbing the Franchise 500 list too.
5 BRANDS GROWING IN LEAPS AND BOUNDS
Want to know how to rocket up in the Franchise 500 rankings? These brands all jumped over 150 spots since last year-and they're sharing the strategies behind their growth.
FRANCHISE 500 TOP 10
Meet the Leaders of the Franchise 500
TAX STRATEGIES TO MAKE A DIFFERENCE IN 2025
Your taxes won't go up this year. But you can still find new ways to decrease your burden.
HOW TO CLOSE THE SALE (EVEN WHEN THEY SAY NO)
I'm the world's leading door-to-door sales expert. I've heard “no” endlessly. Here's how I close sales anyway-and how you can too.
'The Sword We Refuse to Die On'
Some people tell Chip and Joanna Gaines to play it safe, and to keep doing what made them famous in the first place. But they're ready to take more risks-because that's the entrepreneurial way.
Are You Feeling the Squeeze?
Many companies are struggling with rising costs and tighter margins. We asked six business leaders to share their solutions.