Is a Franchisee an Entrepreneur?

Yes.? A franchisee is absolutely an entrepreneur.? Often when we think of entrepreneurs, we think of people like Jeff Bezos, Bill Gates, or Elon Musk who created disruptive businesses that went public and created billions of dollars of wealth. While those innovators are certainly entrepreneurs, massive wealth creation and disruption are not a necessary part of the definition.??

An entrepreneur is someone who starts a business. The word is derived from the French word entreprendre which means to undertake.? Undertaking a business venture with a potential revenue of millions instead of billions but with a greater chance of success is a tradeoff many would take.?

Small businesses start-ups are a major driver of our economy and a huge creator of wealth for individuals and families.? One of the surest small business start-up paths is teaming with a franchise that has already mapped out a route. Those willing to follow that route with energy and focus can create wealth and a more liberated lifestyle for themselves. And yes, the people who follow that path are true entrepreneurs.?

Suresh Pillai

Product Leader | Emerging Technology Leader | Board advisor | Innovator | System/Data Integrator | Shaping the Future of Digital Transformation

2 年

Interesting! By the way, I sent you a personal message. Looking forward to hearing from you soon.

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