Betting On Yourself: A Take on the Economy, Investing, & Funding Your Franchise

Welcome to the Franchise Founders Podcast. We are on a mission to help aspiring entrepreneurs just like you take action through franchise ownership allowing you to obtain more financial freedom, time with family, and ultimately, a business that can run on its own without you.Dan Claps has co-founded several franchise development firms and currently runs The Franchise Playbook. Christian Dadulak is a successful Franchise Consultant and runs his independent Franchise Consulting business, The Franchise Guys. In this episode, Dan and Christian discuss investing, the economy, and funding methods to start a franchise business. They talk about why it can make sense for entrepreneurs to invest into businesses and income-producing assets, instead of putting hard-earned dollars toward a home (and ultimately a mortgage payment) that ultimately takes money OUT of our pockets. After all, Robert Kiyosaki of "Rich Dad, Poor Dad" did say a home is a liability after all. What's the best move when the economy seems to be sliding into recession, with interest rates rising, inflation running rampant, and asset values plummeting? Is now a good time to start a business? The podcast duo give insight as to why it always makes sense to bet on yourself, even during periods of massive uncertainty. One big hurdle to betting on yourself and getting that business started, however, is getting the right funding strategy put together. Tune in to hear Dan and Christian touch on this and much more.