Do you believe franchising is a good path to entrepreneurship?
Replied byJim Keyes
Former CEO of 7-Eleven and Blockbuster at 7-Eleven
Niche: Retail, eCommerce, Production, Marketing
Revenue: $100K–$500K/month
Location: Dallas, Texas, USA
Started: 1927
Franchising is an easier path to entrepreneurship because everything is laid out for you. The systems, the inventory, the accounting – all of that is handled. It can be a great way to learn how to run a business, but I personally lean toward starting something new because it offers more freedom and the potential for greater rewards.
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