Episode 20

full
Published on:

15th Mar 2022

Startup vs Franchise - Is There A Winner?

Have you ever considered becoming a franchisee? How about starting your own business? There's a lot to consider along both paths, with specific requirements, pros and cons.

The decision of which to choose can be a difficult one, but today's episode will help provide some insight.

In today's episode of The Higher Standard, Chris discusses the pros, cons (and processes) associated with both franchises and starting your own business.

You'll learn why Chris and his wife began exploring the possibility of obtaining a franchise and what that entailed.

You'll discover The pros, cons and statistics of becoming a franchisee.

You'll learn about the extensive process that goes into becoming a franchisee, such as documentation, investments, etc.

You'll also discover the pros, cons and statistics of starting your own business.

Join Chris as he shares his insights into startups vs. franchises, and attempts to determine if one is better than the other.

Enjoy!


What You’ll Learn in this Show:

  • Why Chris began looking into the possibility of purchasing a franchise.
  • The pros, cons and statistics of becoming a franchisee.
  • The process for becoming a franchisee such as necessary investments, documentation, etc.
  • The pros, cons and statistics of starting your own business.
  • And so much more...


Resources:

Black Crown

Instagram

Facebook

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About the Podcast

The Higher Standard
This isn’t a different standard, it’s the higher standard.
Welcome to the Higher Standard Podcast, where we give you ultra-premium, unfiltered truth when it comes to building your wealth and curating the lifestyle of your dreams. Your host; Chris Naghibi is here to help you distill the immense amount of information and disinformation out there on the interwebs and give you the opportunity to choose a higher standard for yourself. Sit back, relax your mind and get ready for a different kind of podcast where we elevate your baseline with crispy high-resolution audio. This isn't a different standard. It's the higher standard.

Follow Chris here as he posts daily: https://www.instagram.com/chrisnaghibi

About your host

Profile picture for Christopher Naghibi

Christopher Naghibi

Christopher M. Naghibi is the Founder and Chief Executive Officer of Black Crown Inc. and Black Crown Law APC, a disruptive collective of attorneys, property managers, real estate agents and contractors who handle home sales and purchases, commercial and multifamily real estate brokerage, primarily for high net-worth and celebrity clients.

His team has over 20 years of experience, 1000+ satisfied clients, $10 million in recovered costs for clients, and in excess of $20 billion dollars in closed transactions.

As a licensed attorney, real estate broker, general contractor, and now Top 100 podcast host, Chris aims to provide free financial education that allows people to take control and democratize fear in the financial world.