Executives looking at business ownership tend to treat risk as one thing. One decision, weighed against one number in the bank. Risk comes in layers. Understanding which layers you are agreeing to carry changes the whole decision. Two Different Risks, Stacked on Each Other Every owner carries the left column. The right column is optional,…
The phenomenon of unemployment is an ever-present reality for many in today’s fast-paced world. While the financial implications are often discussed, the emotional toll of job loss is a subject that deserves much attention. Understanding and navigating the complex emotions associated with unemployment is vital for not only personal well-being but also for successful career…
Have you ever thought about leaving your job and becoming an entrepreneur? For those between ages 45 to 65 especially, taking the leap to start your own business can be a crucial decision when assessing career options at this stage of life. Factors like the current job landscape, economy, and desires for more autonomy make…
Start with why. Why move forward in a specific direction? What is in it for you? I knew that if I did not love what I was doing, it would fail. Helping people invest in franchises gives me a sense of purpose. I make a good living by supporting folks in getting back on their…
The American dream used to be to work hard and retire early. But what if you don’t feel like retiring? That mindset seems to be gaining steam. Among 65- to 74-year-olds, labor force participation is predicted to hit 32 percent by 2022, up from 20 percent in 2002, according to the Bureau of Labor Statistics.…