Acceler8Success Cafe Thursday 3.7.19

FEATURED ARTICLE: What to Know Before Going Into Business With Family or Friends

You want to start a business with your spouse…or your best friend from college…or your brother-in-law. Great idea! Having people you like and trust with you in your business can make a great success.

Then there are the horror stories. The father and son who end up not speaking for years. The daughter who leaves in a huff and joins a rival business. The parents who can’t help criticizing their children. The assumptions are the most difficult part. 

Read the rest of the FEATURED ARTICLE here!

Acceler8Success Cafe digital edition is your daily resource about Entrepreneurship & Owning Your Own Business!

COMING SOON: 
Acceler8Success Cafe Podcast!

Self-made billionaires like Warren Buffett and Elon Musk prove if you don’t make time for these 6 little things every day, you’ll never be successful

EVENT: Women Business Owners – Pitch your Financing Needs to Women Lenders- March 20th

5 startup mistakes every small business person should avoid

After locking down his dream a small business owner is hoping to help others recognize theirs

Are you ready to franchise your business or put your recently franchised brand on the right track? Click on image for more info!


Franchising: is this the best way to start your own business?

Four Secrets To Success As A Midlife Entrepreneur

Cornell launches institute for women’s entrepreneurship

Successful Entrepreneurs Shouldn’t Try To Do Everything

A cup of coffee is helping refugees join the American dream

12 Empowering Lessons About Failure

Quote of the Day!

Acceler8Success Cafe Wednesday 3.6.19

FEATURED ARTICLE:
How millennials and Gen Z are reshaping the future of the workforce

Millennials and their younger “Gen Z” counterparts are used to facing sweeping criticism over their commitment to the workplace. Brandished the work-shy generation of “snowflake” tendencies, millennials are said to expect too much freedom of their employers, and yet 84 percent report to experiencing burnout from their excessive workloads.

However, the post-1980s cohort of employees is actually inspiring meaningful ideas that will change the future of work as we know it. That’s according to a new study from human resources research firm Inavero and freelancing website Upwork, which has highlighted four major ways in which the youngest members of the workforce are setting in motion fundamental change.

Read the rest of the FEATURED ARTICLE here!

COMING SOON:
Acceler8Success Cafe Podcast!

Why you shouldn’t charge your first 100 customers (yes, seriously) Tim Soulo at The Startup on Medium.com

20 THINGS SUCCESSFUL PEOPLE DO EVERY WEEK Steve Gutzler, Growing Leaders at Every Level

Everything you need to know about micro loans for small business Taylor Cenicola at MarketWatch.com

Power your small business from financing to growth, with Benetrends Financial’s smart, affordable and safe funding options. Click on image for more info!

The Recipe For Success: The Top 10 Talents That Make Successful Entrepreneurs Kristin Sherry at Entrepreneur.com

How One $3.9 Billion Company Is Encouraging Workplace Diversity And Millennial Entrepreneurship Christine Michel Carter at Forbes.com

How Stories Tell the Stories and Help Keep The Faith LonelyEntrepreneur.com

Educating Future Franchise/Business Owners Since 2015.
Click on image for more info!


Developing A Successful Franchise Concept Mahmood Khan at Forbes.com

Why Visionary Leadership Fails HBR.com

Barbara Corcoran: Success in Business And Life LewisHowes.com/podcast

How to Network Effectively for Your Personal Brand Karin Sebelin at NeilShaffer.com

Quote of the Day!

Traits That Make Great Franchisors Great Leaders 

picture1.jpgFrom professional athletes to high-tech programmers, every career requires different talents. However, what makes a career in the franchising industry different is that the skills to successfully lead do not have to be acquired through rigorous training or years of schooling.

Instead, success in franchise leadership can come to anyone who is determined, dedicated and willing to invest in their personal development—and will pay off tremendously by developing a network of franchisees who respect your leadership traits. Below are the skills a franchisor should focus on to become great leaders and successful business owners:

  1. Consistency: As a franchisor, your franchisees will be looking up to you. Being consistent and following through on your word will let them know that they have a leader they can count on.
  2. Planning: Your franchisees are invested in the business, so it’s natural that they will want to know where it is headed. Make sure to plan ahead and share your vision with your employees, too.
  3. Support: As a franchisor, everyone in the organization is your team member—meaning you have a vital role as a pillar of support and encouragement.
  4. Positivity: Focus on creating a positive space for your franchisees. This will help strengthen your bond and let them know you have their back.
  5. Respect: Every franchisee makes mistakes—it’s just a part of the business. Making sure your franchisees know you still respect them even when they slip up will go a long way.
  6. Face Time: You can’t be expected to visit every franchise location every day. However, the occasional drop-in will help you learn more about the day-to-day operations and struggles of each individual location—and let them know you’re invested in solving their problems.
  7. Passion: Franchising means getting to work with talented, passionate colleagues who love what they do. Believe in the brand and believe in your franchisees—your passion will shine through and inspire them, as well.

If you’d like to learn more about being a franchisor and building a successful business, contact Franchise Foundry today.