How to Overcome Beliefs That Hold You Back from Franchising Success
Rich LeBrun
De-risking the risk for Senior Executives to build wealth through franchise ownership | CEO & Franchise Consulting Specialist | Author | Speaker | Podcast Host
When you’re starting out, repeating positive habits is needed to build confidence and competence in any new venture, including franchising. But once these habits are established, they can sometimes create a form of “pride” that makes it hard to acknowledge weaknesses and hinders further growth. This can be particularly challenging when trying to take your franchise to the next level.
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How Can Your Identity Hold You Back?
Often, the beliefs we tie to our identity become so ingrained that they limit our ability to adapt and grow. For example:
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Why Is Clinging to a Single Identity Harmful?
The more we define ourselves by one belief or identity, the harder it becomes to evolve when circumstances change. For franchise owners, this might mean sticking too rigidly to initial business practices or refusing to adapt to market trends. If your identity is tied up in being a franchise owner, any challenge to that role can feel like a personal attack.
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How Can You Break Free and Adapt?
To succeed in franchising, it’s important to remain flexible and open to change.?
Here are steps to help you overcome limiting beliefs and grow:
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Step 1: Expand Your Identity
Action: Don’t let your role as a franchise owner define you entirely. Instead, view it as part of a broader identity.
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Step 2: Embrace Continuous Learning
Action: Commit to ongoing education and self-improvement.
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Step 3: Seek Constructive Feedback
Action: Encourage feedback from employees, customers, and fellow franchise owners.
Breaking free from limiting beliefs and rigid identities is important for franchise success.?
Stay flexible and adapt to changing circumstances. This adaptability will help you overcome obstacles and achieve long-term success in your franchising endeavors.
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Executive Coach | Fellowship of Christian Athletes | Facilitator | Consultant
2 个月Good stuff, Rich LeBrun. Re: Step 2, I always say, "Leaders are learners." Re: Step 3, once leaders have feedback systems in place and show that they are serious about them, it opens their culture to regular, ongoing feedback.