#1852 - Q&A: Should I buy a McDonald’s franchise?
Side Hustle School
Chris Guillebeau
4.7 • 3.3K Ratings
🗓️ 26 January 2022
⏱️ 6 minutes
🧾️ Download transcript
Summary
Should you buy into an existing franchise? That’s what our caller is wondering about—they’re looking at investing in a Subway or McDonalds. Is this a $5 foot-long idea?
Side Hustle School features a new episode EVERY DAY, featuring detailed case studies of people who earn extra money without quitting their job. This year, the show includes free guided lessons and listener Q&A several days each week.
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Side Hustle School features a new episode EVERY DAY, featuring detailed case studies of people who earn extra money without quitting their job. This year, the show includes free guided lessons and listener Q&A several days each week.
Show notes: SideHustleSchool.com
Email: team@sidehustleschool.com
Be on the show: SideHustleSchool.com/questions
Connect on Instagram: @193countries
Visit Chris's main site: ChrisGuillebeau.com
Read A Year of Mental Health: yearofmentalhealth.com
If you're enjoying the show, please pass it along! It's free and has been published every single day since January 1, 2017. We're also very grateful for your five-star ratings—it shows that people are listening and looking forward to new episodes. 😎 🙏🏼
Hosted on Acast. See acast.com/privacy for more information.
Transcript
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| 0:29.8 | Should you buy an existing franchise? |
| 0:41.1 | Should you go all out and buy a subway or a McDonald's? |
| 0:44.3 | That's what our caller is wondering about today. |
| 0:46.1 | Their thinking of investing is this a $5 foot long idea. |
| 0:50.2 | Well, you know, this whole concept takes me back. I never wanted to own a subway. |
| 0:53.2 | But long, long ago, I wanted to be a franchise owner. This was my 18 or 19-year-old dream. |
| 0:58.3 | I did not live to see that dream come true. I'm actually really glad. |
| 1:02.1 | In my case, I was looking for a mailbox, etc., which is now known as a UPS store, I believe. |
| 1:07.6 | And so why didn't I buy? Well, mostly because I didn't have the money. |
| 1:11.5 | I actually did not have access to capital at that point in my life, more than a couple hundred dollars. |
| 1:16.2 | These days, you know, I might be able to put up for one of those. |
| 1:19.1 | But why wouldn't I? Why wouldn't I buy a franchise now? |
| 1:22.3 | What is the best for our caller? What is best in general when you're trying to figure out |
| 1:26.1 | what's an easy kind of turnkey business I can start? |
... |
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