900 Main Street South Building 2, Southbury, CT 06488.

blog@theesource.com

The Entrepreneur’s Source: Is Your Job a Battleground?

The Entrepreneur’s Source: Is Your Job a Battleground?  What kind of relationship do you have with your boss? When you walk in the door at work, does it feel like home or a battleground?

They’re valid questions you should be asking yourself because your answer could mean all the difference between happiness and destructive dissatisfaction.

For Marissa Frois, the answer is easy: work feels like family, and her “boss”, Visionary Founder Terry Powell, is her champion. She can’t imagine herself thriving to this degree in any other environment. “I started working here when I was in my early to mid-twenties, now I’m 32 and about to enter another exciting chapter in my life with a baby coming in early fall,” Frois says. “It’s interesting to see what I have accomplished both personally and professionally.  I don’t think I would have done any of it if I had worked in a typical corporate America environment.”

Blast from the past: When work feels like family

Frois was working her way through college in Southbury, Connecticut, when she first met Powell and was introduced to The Entrepreneur’s Source® (TES). Frois admits she “didn’t know a darn thing about franchising” but Powell knows a hard worker who grasps the entrepreneurial spirit when he meets one. Frois joined the TES team with a plan to put her psychology degree to work by helping thousands of people achieve their dreams.

“The degree helped me in the beginning,” Frois remembers. “It really is interesting to see the way people’s minds work. All TES career transition coaches have the same mission – helping individuals uncover and explore their Possibilities, Options and Dreams (POD).

“What I love most about TES is that we focus on the 75% of the adult population that has a strong, to very strong, desire to be self-sufficient, but really don’t know how to begin their discovery experience and might be a little reluctant to make a change.   We help those people with education, awareness, and discovery so they can reach a point of clarity and take control of their future.”

Helping coaches so they can successfully assist their clients is what Marissa Frois does best. “One of my primary goals is to help our franchisees with client engagement. We want them to be as successful as possible.”

Frois finds that a desire to help others is what drew her to The Entrepreneur’s Source® in the first place…and she believes it hasn’t changed over the years.

“The way we approach education has changed due to technology advancements, but our core values are the same. The message is the same, but we are finding unique ways to help our clients transition into their Career 2.0.  People really are wanting to take more of a self-directed approach. ”

Seekers (that’s those looking for a change, but who are unsure what it might be!) are finding exclusive TES tools, like Franchise Match® and Start a Business Weekend®, an invaluable step in their journey toward self-sufficiency. It allows them to explore the possible avenues towards their Income, Lifestyle, Wealth, & Equity goals from the comfort of their own home and at their own pace before taking that next step of contacting a career transition coach. With the help of technology and, eventually, an alternative career coach, your journey of self discovery can take you places you might not ever have imagined.

“One of the biggest things I say to people is to keep an open mind, especially during the education, awareness, and discovery stage.  You might learn about things you’ve never heard of before, and be willing to learn new things. You’ll get to that point of clarity, but you won’t if you are closed off,” Frois recommends.

Nearly a decade with The Entrepreneur’s Source® and Frois can say emphatically that she’s happy she never worked in corporate America.

“In corporate America, I feel like you’re just a number. I’ve never felt that one day here!” The glue that brings it all together is a company-wide belief in providing people with the tools they need to feel empowered and to succeed. “I love the entrepreneurial spirit and what you can achieve with it. The Entrepreneur’s Source® is home for me. It just feels right.”

Are you a woman interested in learning how you, too, can become empowered as part of The Entrepreneur’s Source® family?    Get started by exploring your I.L.W.E – your ideal income, lifestyle, wealth and equity.

Back

The Entrepreneur’s Source: Entrepreneurship and the American Dream

The Entrepreneur’s Source wants you to take a moment to think about the American DreamWhat does that mean to you? Are you living it?

For a trio of siblings in Houston, Texas, the American Dream meant owning their own business and living life on their terms. But first, they learned some valuable lessons in the armed forces.

Chanel Jones and her sister Heather Labadie are both veterans. Their brother Seth Jones is still on active duty in the United States Air Force, at least for a short while longer. “Maybe in my teenage years I knew I didn’t want to do a nine-to-five for the rest of my life,” says Seth Jones. But Seth and his sisters did more than just dream about it. They took the initiative to make it happen.

The three siblings had considered starting a business, but it wasn’t until Seth connected with e-source coach Heidi Simos with The Entrepreneur’s Source, that the notion of franchising really started to sparkle! “Seth connected with Heidi through TAP,” Heather told us. TAP is short for Transition Assistance Program, a veteran’s employment initiative required of most personnel before separating or retiring from military service. “He had a follow-up phone call with her and invited Chanel and me. She explained the different avenues to becoming your own boss. We agreed at this time in our lives, we wanted to step into a system already set up.”

Sister Chanel took the most convincing, but she knew what her idea of the American Dream looked like. “We no longer want to be in a job just for a paycheck and no other fulfillment or enjoyment. We are very close and couldn’t imagine not doing this business venture together,” says Chanel.

The trio, dubbed “The Trailblazers” by their e-source coach, eventually decided on a Maui Wowi Hawaiian Coffees & Smoothies franchise. Part of the appeal: a discount for veterans. Many franchise companies are eager to attract veterans, and they put their money where their mouth is! Companies point to the high work ethic and the experience following systems that veterans bring to the table. Couple that with strong leadership and team-building skills, and you can understand why companies find veterans uniquely qualified. The Trailblazers agree.

“I think being a veteran has helped with thinking outside the box,” Heather added. “Also with being open to trying things once and seeing how we are able to improve for the next time.”

“We are taught to be flexible and how to interact with people from various backgrounds,” Chanel says. “We know how to follow instructions and be punctual. There are plenty of other traits the military has taught us that are reinforced constantly in this business process.”

For Seth, living the dream means looking within. “You have to really want it. Be prepared to go through some hoops, be patient with people, and remember to strive for that goal.”

Heather Labadie admits that entrepreneurship is hard work. She says when things got tough, their e-source coach was there for them. “Heidi was amazing! She was with us every step of the way, motivating us.”

“Heidi is invaluable to us,” says Chanel. “She was very much an integral part in us becoming franchisees. The process was emotional at times — exciting and scary. Heidi was there every step of the way. She was encouraging, and her calming disposition was exactly what we needed to venture down this path.”

Simos feels the same about The Trailblazers. “I admire, respect and appreciate our veterans, who have served our country and kept us safe. This was the first time I had the opportunity to work with three veteran siblings all under the age of 35,” enthused Simos. “They displayed a high level of professionalism during their discovery journey and followed our system to a “T.” I gained a lot of respect for these Trailblazers and was honored to have worked with such fine young people!”

Are you inspired by The Trailblazers to find your very own franchise match and start living the American Dream?   If so, get started at http://franchisematch.com/.

Back

The Entrepreneur’s Source: A Gift For Father’s Day

The Entrepreneur’s Source: A Gift For Father’s Day.   Finding that elusive work-life balance. Does this sound familiar: Wake up. Fight traffic. Work late. Drive home. Repeat. For millions of dads, this is a familiar routine. Now for some of those dads, that routine works. But for many of them, there is a growing desire to break free.

How many times have you missed your daughter’s volleyball games because they happen on a weeknight and you just can’t make it from work? How often is your son the only scout without a parent at a weekend Family Camp because of your work pressures? How many times will you have to fight through the parental guilt and say, “I’m sorry,” and “I can’t”?

It’s no surprise that dads are under A LOT of STRESS these days. Stress to pay the bills. Stress to save money. Stress at work. Stress at home. Heck, we’re even stressed about being stressed!

As the Visionary Founder of The Entrepreneur’s Source®, I’ve talked to many parents over our 35 years in business and you know what I’ve discovered; they’re scared. They’re stuck in jobs that they hate – jobs that leave them feeling miserable and stressed out. At The Entrepreneur’s Source we call that “Battered Career Syndrome”. But here’s the thing – no matter how miserable they feel, they’re too scared to leave because they’re also scared about the future. They’re frozen with indecision and it’s making them miserable.

A Gift to Give Yourself…

For those dads out there feeling stressed, what if this Father’s Day you give yourself permission to look at the possibilities? The possibility of taking your future into your own hands is very real. What would your income be? What kind of lifestyle would you live? What kind of wealth and equity would you build? What would you do if you weren’t frozen with fear? Here at The Entrepreneur’s Source we call that your I.L.W.E., and we can help you use it to uncover your Possibilities, Options, and Dreams.

Explore Your Career 2.0®

Entrepreneurship puts you in control. We’re not saying it’s easy. We’re not saying you won’t have another day of stress. What we are saying is that all that hard work and pressure will be benefitting YOU AND YOUR FAMILY – not some faceless corporation so they can enjoy the condo in the Bahamas and the ski chalet in Colorado!

At The Entrepreneur’s Source®, our alternative career coaches will help you explore and define your unique goals, needs, and expectations. The process will help you focus and gain clarity about what you want your life to look like. Our coaches have three main objectives:

  1. Create Awareness
  2. Provide Education
  3. Hold You Accountable to Your Dreams

Your TES Career Transition Coach can stay with you and help you make the transition from office drone to self-employed! They’re there to help you stay on course and see the dream become a reality.

Achieving Results: Step One For Father’s Day, give yourself this gift: take the time to visit FranchiseMatch.com®.  Take five-minutes for yourself..That’s all it takes with our exclusive FranchiseMatch® tool. It’s quick, it’s simple, and it’s free. It’s a five-step process that can help you discover options you never thought possible. FranchiseMatch.com® is a great place to begin your journey.

Maybe I was crazy to start a franchise coaching business back in 1984. I was a stressed-out dad staring rock bottom dead in the eye. I knew I had to do something and I wanted to set a good example for my kids. You can do it, too.

So, this Father’s Day, go ahead and exclaim over that new tie. Laugh (and maybe even tear up a bit) over that homemade card. After you put your kids to bed, begin your search for the franchise match that could change your life and change your stress into success!

Back

The Entrepreneur’s Source: The History Of Franchising

Originally Published in Forbes,4/12/19: The History Of Franchising, And Why Today It’s Easier Than Ever.  Written by Terry Powell, Visionary Founder of The Entrepreneur’s Source.

Once upon a time, if you wanted to buy a franchise, you might have found an ad in the paper, like the one that appeared in a 1949 New York Times issue, which I recently found while combing through some online library newspaper archives.

Do you have $10,000 to $20,000 to invest?” the headline blared in the classifieds. It continued: “We will set you up to operate a successful ladies cotton dress shop, on a franchise basis. Successful stores now operating in New York State, New Jersey and Long Island. You can locate the store in your own community, no experience necessary. Excellent opportunity to develop your own business and make a comfortable living. Write for appointment.

It’s a different world now. There are franchise brokers, franchise websites, franchise books and than there are Career Transition Coaches such as myself.

I like looking back at the history of franchising, in part because I’m so interested in the future of franchising. But looking back at the past isn’t just an exercise in nostalgia. If you remember and understand where you’ve been, you can often figure out where you’re going. Looking to see how far we’ve come in franchising should serve as a reminder to everyone: It’s a lot easier to get into franchising than it used to be. There are far more opportunities and resources than there were in the past.

To show you what I mean, here’s a quick, incomplete history of franchising.

Actually, I could list a lot more dates, but if we went through a thorough, comprehensive timeline, I’d have to spend years writing it, and you’d be taking years to read it. In fact, some people even credit Benjamin Franklin for being the father of franchising, suggesting that some of his printing partnerships resemble modern-day franchising. That would be fitting, since there’s even a plumbing franchise that named itself after Benjamin Franklin!

In Scott Shane’s 2005 book, From Ice Cream to the Internet: Using Franchising to Drive the Growth and Profits of Your Company, he suggests you can find franchising roots back in the Middle Ages when people bought the rights from feudal lords to collect their taxes.

But the point is that franchising has been around for some time now, in a lot of different forms. In some ways, things have changed a lot, and in some ways, not much at all.

For instance, on December 21, 1968, when Herman Petty of Chicago opened a McDonald’s franchise, he was the first African American to do so, well over a decade after the company had started franchising. Valerie Daniels-Carter, a very successful franchise owner (she owns over 120 of them, including Pizza Hut and Auntie Anne’s), recalled trying to buy a Burger King franchise in the early 1980s. She says that even back then there weren’t many African American female franchise owners and described the franchising world then as not having a glass ceiling, but a cement one.

Of course, there’s still a lot of work that needs to be done to encourage more diversity in franchising. But especially in the last couple of decades, with the internet democratizing information, and the advent of franchise and business coaches, it’s easier than ever to become a franchise owner.

Back when I started The Entrepreneur’s Source® in 1984, the paperwork you had to fill out and keep track of for a franchise could fill an entire filing cabinet. Now, you’ve got all the same information on a flash drive. Back then, if you wanted to learn anything about franchising, you’d have to pore through books in the library to get a sense of what type of franchises existed, or you might spend a fortune traveling to a franchise trade show to meet people in the industry and collect a small pile of brochures.

Now, the information that took hours, days and sometimes weeks and months to gather, you can often find in minutes and hours, and you can explore the possibilities online without ever leaving your home. There are, as you can imagine, numerous articles and videos online that can help you get a sense of what types of franchises are out there and whether the franchising world is right for you. There are online franchise classes and seminars, some of them free and some not, that will, for instance, help walk you through the state and federal laws that govern franchising.

And that’s where the future appears to differ greatly from the past. There’s easier access to education about entrepreneurship and franchising and more variety than ever. In 1984, if you wanted to explore self-sufficiency through franchising, there weren’t as many possibilities as there are today, and going through the education, awareness, and discovery process was not only time-consuming, but there was not as much information available, especially from a self-directed approach. Today, the possibilities are endless.

The evolution of franchising has certainly changed throughout the years, but one thing has remained the same: that entrepreneurial itch that hundreds of thousands of individuals have. They know there’s a better way to achieve their goals than dealing with the uncertainty that comes with corporate America.

If you’re ready to get started finding your franchise match, I personally invite you to begin your journey at http://www.franchisematch.com/. Just complete all five steps of FranchiseMatch® to take the first step toward your new alternative career.

The Entrepreneur’s Source® can offer the education, awareness, and discovery through Your Career 2.0® and our network of award-winning alternative career coaches. They are highly trained, and many have been right where you were: at the same career crossroads, choosing to become empowered rather than just employed. They have the “cred” to shepherd you on your Journey of Discovery.

Back