So here we are in week 11 of my business class. It has been extremely satisfying so far and I'm extremely glad I have been able to learn so much.
A small update on my $100 challenge. Things have been going well so far, but I have run into a bit of a snag. It has really slowed down as I have gotten busy with my new job, but I think it is something I can easily fix with another push.
This week we focused on franchising. It is an interesting concept that I don't think I would personally do unless the perfect opportunity fell into my lap. Don't get me wrong, I wouldn't turn down the right deal, but I think building a business and learning how to do it well is all part of the thrill. Although franchises can reduce risk, give all the stuff you need to you, there is also a big cost as well as other fees associated with it. I would much rather plan and make money on my own. I would prefer to be my own boss, or even working with a team were my opinions matter and I have control over my own destiny. That is the power in business ownership and taking the risks that needed to be taken.
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