Thursday, May 21, 2020

Y MAKES MONEY WITH FRANCHISES?

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WHO REALLY MAKES MONEY WITH
FRANCHISES?

Franchising has made a lot of people a lot of money, but mostly the people who sell them. Franchises have made a lot of other people
either poor or the equivalent of slaves after they buy one.

In any transaction you’re either a consumer or a promoter. When you’re buying a franchise, you’re a consumer. It’s the person who SOLD you the franchise who made the money—because they were the promoter. And in the end, they win.

I’m not saying never buy a franchise, I’m just saying to be aware of where you stand in the deal. If you ever want to make your F.U. Money,
you have to be a promoter. You want to be the one that’s collecting the cash, not the one that’s giving it out.

ARE YOU BEING SCAMMED?

So what are some of the typical things that suck people into scams? Let me share with you a few things I’ve heard through the years.

When you hear words like these from now on in the business world, HOLD ON TO YOUR WALLET OR PURSE , TIGHT:

•“I’m a good Christian.” (Truth is, good Christians don’t need
to tell you that’s what they are. You’ll already know by their actions).

•“If I may be perfectly honest…”(That means that the guy hasn’t been honest from the beginning.)
•“It’s the opportunity of a life time.”
•“This can’t fail.”
•“You’ve got to get in now.”
•“Don’t miss the boat.”
•“May God be my witness.” (Look out for lightning bolts on this one.)
•“Don’t worry, your money is fine.”
•“I’ll take care of everything; don’t worry.”
•“The situation is temporary.”
•“This is the best thing you’ll ever do.”
•“This will exceed your expectations.”

•“It’s just a standard document, just sign here.”

Why do people fall for these things? It goes back to lack of education, lack of self-esteem, and greed. If you let these character flaws rule your business decisions, there are people in the business world who will FEED on you—people will fxxk you over.

I should know—I’ve been fxxked over many times in my business career. So it’s okay to be cynical. Be aware. Ask questions. And watch
your wallet.


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Chapter 22: THE MONEY SECRET SHARED BY BILL GATES, RICHARD BRANSON, AND
WARREN BUFFET

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