From Tech Consultant to Franchise Innovator: How Janet Asbury Leveraged the Semi-Absentee Ownership Model
Careyann Golliver
America's Franchise Matchmaker? ?? Helping Investors and Entrepreneurs Build Wealth through Franchise Ownership #ResponsibleFranchising
Janet Asbury, a corporate tech consultant from Illinois, is a great example of the mix of practicality, vision and planning that goes into successful franchise ownership - especially at the semi-absentee level.
Janet's story started in the bustling corridors of the tech industry, where her role as a product consultant was both challenging and rewarding. Despite her success, Janet felt constrained by the corporate structure, yearning for a venture that allowed her personal growth alongside her professional achievements. Her ambition led her to explore the realm of franchising, a decision that would redefine her career and personal life.
Before we dive into the rest of her story, let’s explore what Semi-Absentee Franchise Ownership is and why it’s such an appealing option to corporate executives and professionals.
What is Semi-Absentee Franchise Ownership?
Semi-absentee franchise ownership is a way of running a franchise business where the owner does not need to be involved in the day-to-day operations.?
Instead, you hire managers and staff to take care of the everyday tasks, while overseeing the business at a higher level, often alongside your regular job or other commitments. This is what Janet was looking for.
Here's how the Semi-Absentee model works and why it's so appealing, especially to corporate executives who want to keep their career going –?
Hiring Management: The franchise owner (i.e., you) hires a manager or management team to handle the daily operations of the franchise, such as managing staff, dealing with customers, and ensuring the business runs smoothly.
Owner's Role: The owner's role shifts to more of an oversight position. You make higher-level decisions, such as strategic planning, financial oversight, and marketing strategies, without being involved in the business's day-to-day activities.
Flexibility: This model allows owners to spend less time on-site, offering you the flexibility to maintain your current job or pursue other interests or investments.
Why Semi-Absentee Franchise Ownership is So Appealing
Time Management: For corporate executives who are interested in entrepreneurship but cannot afford to leave their jobs or dedicate full-time hours to a new business, semi-absentee ownership offers a way to own a business without sacrificing your current career.
Risk Mitigation: It allows you to diversify your income sources without putting all your eggs in one basket. This can be a safer way to transition into entrepreneurship or simply to grow their wealth.
Learning Opportunity: Executives can apply their corporate skills in a new context, learning about entrepreneurship in a more hands-off manner. It's a unique opportunity to grow professionally and personally without the commitment of leaving your current job.
Financial Potential: While not having to be present at the business full-time, owners can still benefit financially from the franchise's success. It's an appealing way to build wealth and possibly prepare for a future full-time transition into entrepreneurship.
Support System: Franchises come with established systems, support, and brand recognition, making it easier to start and grow a business with less hands-on involvement required. This support is particularly attractive to those new to entrepreneurship.
In simple terms, semi-absentee franchise ownership offers a balance between entrepreneurship and employment, allowing individuals to own and grow a business without giving up their day job or existing commitments.?
It's also a strategic way for corporate executives to dip their toes into the entrepreneurial world, leveraging their skills while minimizing risk and maximizing flexibility.
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That’s exactly what Janet was looking for - and what I helped her find.
Finding The Right Fit
Janet, with her sharp analytical mind and unwavering determination, sought not just any franchise opportunity, but one that aligned with her core values and lifestyle aspirations.?
It was clear from the start that Janet was not looking for a traditional franchise model; she sought a semi-absentee ownership that allowed her to balance her personal commitments and professional ambitions.
The franchise world is rich with opportunities, but navigating its complexities requires a deep understanding of the industry and a clear vision of one's goals. This is where our journey together truly began. Through the Franchise Matchmaker Process, Janet and I explored various options, focusing on the health and wellness sector, a field Janet was deeply passionate about. Her drive to create a positive impact in her community, combined with a desire for a business model that supported her lifestyle, guided our search.
The decision to pursue a boutique fitness franchise was a turning point. This wasn't just a business venture for Janet; it was a personal mission to embody the principles of health and wellness she championed. The process was rigorous, involving detailed due diligence and strategic planning, but Janet's commitment never wavered. Her dedication paid off when she became a multi-territory boutique fitness franchise owner, earning accolades for her leadership and the franchise's rapid growth.
Janet's success is a testament to the potential of semi-absentee franchise ownership. This model, often overlooked, offers corporate professionals the flexibility to pursue their passions while maintaining a successful career and personal life.?
In reflecting on our journey together, I am reminded of the importance of mentorship and guidance in the franchise industry. Janet's success story is not just about her achievements but also about the power of collaboration and support. As a franchise consultant, my role is to empower aspiring entrepreneurs like Janet, helping them navigate the complexities of franchise ownership and achieve their dreams.
Your Turn - Ready To Explore?
If you’re serious about wanting to explore franchise ownership as an investment vehicle and/or wealth-building strategy, let’s find a time to connect live.
Think of me as your franchise concierge. Like a real estate agent who holds the keys to exclusive properties, I offer access to franchise opportunities that are often off the radar. I connect you to some of the fastest-growing franchises in America, helping you build your empire alongside them.
Since I've co-owned and assisted in running a franchise business myself, I'm able to give you an insider’s edge and highly educated perspective if you're curious about exploring the space.
Best of all, there are no fees for my services. Franchise Consultants like myself simply are recruiters to help bring franchisors ideal, qualified candidates to help expand their brand.?
You make all the decisions on this journey, and I am simply your guide.