Alternative Paths to Business Ownership

If you're getting a Master's in Business Administration, you've probably noticed as you get towards the end of the curriculum that your coursework might be grooming you for the corner office, which is not a bad thing. Maybe that's the whole reason why you got in there. But, there's another path that you can take and it's business ownership.?

From MBA to Franchise Success

You may not have taken any classes specifically on entrepreneurship, but I can tell you that you have all the raw materials to be able to run a business effectively. If you don't have any ideas, that's okay too. I believe franchising is a really great route to go.?

I've worked with so many MBAs, including myself. I went through this process and I've been eating my own dog food for years now. I worked with one guy who came out of a prestigious MBA program in Texas. Nobody ever wakes up in the morning and says, “Gee, I'd love to run a residential painting company.” But what he found was that that was an avenue and a set of frameworks that he could use to build an empire. That's exactly what he did.?

Leveraging Your MBA Skills in Franchising

He was able to build his management structure, his line employees, build a multi-unit franchise, and become the number one operator in that brand. That brand is one of the largest painting companies today. He never picked up a paintbrush, but he did get a good MBA degree, and so that was an avenue for him to get to his goals.?

If you have a desire to run your own business, don’t sell yourself short on anything you might've learned in the classroom. You can do it if you want, and I can help you get there.