In 2012, Billy Duncan retired from a decades-long career at Dow Chemical. Six months later, he knew he hated retirement—and that he had to get back into the business game. But this time, he wanted to build his own operation, something that could create generational wealth for his family.
So in 2014, he opened a Real Property Management franchise in Zachary, La. Now, at 65, he runs it with his 28-year-old daughter, Tayla Duncan. Together they manage more than 200 residential properties. The family affair has been a learning experience—but one they’ve navigated together, keeping an eye on the future.
Billy, what was so tough about retirement for you?
Billy: I’d been going 150 miles per hour in the global purchasing world, where we had $10 billion in annual spend. It was hard to go from that to zero.
When you decided to reenter the workforce, why did you explore franchising?
Denne historien er fra Startups Summer 2020-utgaven av Entrepreneur.
Start din 7-dagers gratis prøveperiode på Magzter GOLD for å få tilgang til tusenvis av utvalgte premiumhistorier og 9000+ magasiner og aviser.
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Denne historien er fra Startups Summer 2020-utgaven av Entrepreneur.
Start din 7-dagers gratis prøveperiode på Magzter GOLD for å få tilgang til tusenvis av utvalgte premiumhistorier og 9000+ magasiner og aviser.
Allerede abonnent? Logg på
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