Source by:
Entrepreneur
Written by: Jeff Elgin
Many people believe
franchise
ownership
is for the classic entrepreneur - the type A personality with the
desire to blaze new trails in the business world. The truth is
actually quite different.
Franchising
is all about following a proven system in order to replicate the
success of the original business. That's why "Steady Eddy" types
who are willing to trust the system make better (and happier)
owners than "disrupter" types with independent streaks.
Besides the ability to follow a system, there are eight
personality traits common to most successful franchisees. You can
determine whether
franchising
is right for you based on whether you see yourself in these
descriptions:
1. Motivated by Results
You're known to: Focus on production ? Create benchmarks ?
Meet goals ? Evaluate results
You understand that action is not achievement. You revere the
value of benchmarks and are always evaluating the process in
order to achieve results. If a certain course isn't working to
meet goals - you immediately change the plan to find an approach
that will work better for you.
2. Big Thinker
You're known to: Imagine the future ? Recognize necessary
tasks
You know that even though working long hours or doing a dirty job
may not be the ideal situation at the moment, it will pay off in
the long run. You imagine the possibilities for the future as a
long-term result that motivates the day-to-day activities. You
keep your eye on the prize.
3. Chief Cheerleader
You're known to: Make business happen ? Care about success ?
Recognize efforts
Sitting back and expecting business to just come to you is not
your game plan. You're always out there stumping, and you
recognize others who exhibit a similar work ethic.
4. Optimist
You're known to: Look forward ? Create solutions ? Stay
positive
You always call the glass half-full. Solutions and opportunities
are more obvious to you than problems or hindrances. You take
care of problems by solving them instead of wasting time on how
they happened.
5. People Person
You're known to: Relate to clients ? Keep good morale ?
Succeed at networking ? Be a voice in the community
You are quick to understand that regardless of what business
you're in, customers and employees are always the most important
thing for achieving success. Building relationships and keeping
in good graces comes naturally for you.
6. Seatbelt Enthusiast
You're known to: Like direction ? Want a safety net
You take grand precautions in your everyday life. You always look
to mitigate the risks involved in activity and want a proven
track record in what you participate in. You're not blazing
trails while running with scissors - you want security.
7. Resilient
You're known to: Trust in the future ? Keep setbacks in
perspective
You can't be held down in pessimism. Challenges excite you and
you know that things will always get better. You keep bouncing
back strong from adversity.
8. Cool and Collected
You're known to: Stay Consistent ? Keep Composure ? Address
Issues
You know what is happening around you, but don't panic or cause a
scene. Focusing on the essential and important tasks keeps you
unruffled and gives your customers and employees peace.
While
franchising
may not be for everyone, it can be an ideal situation for the
right person. These personality traits -- in addition to
sufficient financial backing and proper business experience --
are essential to succeeding in the franchising world. If you see
yourself in the above descriptions, chances are that you have the
confidence, drive and motivation to be a successful franchise
business owner.