Buying a franchise is a scam. The corporations make more money then you in the long run. The franchise always finds say to squeeze every penny from the owner.
The owner just ends up getting brunt out from working all the time and many other problems.
Thanks for sharing.
Business is business. nostr:npub14q8uffuxxnhzd24u4j23kn8a0dt2ux96h5eutt7u76lddhyqa0gs97ct2x 🙏
100% anyone is better off starting their own business.
Buying a franchise is all the risk with less rewards
I know a man that franchised Arby's. He grew one into dozens of locations and is worth $65 million in his 60s
I'm not saying the market is same now though. I suspect it's much harder to replicate that level of success
and long did it take him to achieve that? all his life? What's his cut? many questions.
The fiat world you used to know is not going to exist in the future. Those overinflated properties won't exist, we are moving to a full Bitcoin standard and borrowing money to expand won't be possible.
Franchises won't exist because running your own business will be far more profitable.
it took him 40 years of hard work
I don't know his net margin / earnings from peak ops but he started with $25K in the 1970s
the fiat world is not going away soon
Bitcoin will grow and take share in the beauty of its way but state money is going to be around a while
back then it was much easier to build that type of empire. Especially during the boomer era and even better before that.
Real estate was the same thing. If you're willing to borrow and work anyone could of built that.
Its much more difficult now but it still can be done. The thing is it's not worth it. You have to work much harder and the fiat system is crumbling and declining. The future is not the fiat system. You will end up going bankrupt and left holding the bags.
It's going to be around but not for 40 years. Another 20 years max.
You think the world will just adopt Bitcoin overnight?
It even took the globalist bankers several decades to trick the masses to adopt the federal reserve note instead of gold.
Things take time, both the bad guys and good guys need time to implement things.
the dominating $USD reserve currency fiat system will fail in next 40 years indeed. I can't predict the "state" won't still force a fiat system on the brainwashed socialist masses
I'm optimistic that Bitcoin will be the everyday currency by 40 years in most countries.
If you believe fiat will be around for 40 years then go ahead and buy a franchise but I think Bitcoin will outperform a franchise by far.
