718: Does it Make Sense to Buy a Franchise as a Side Hustle?

The Side Hustle Show

Nick Loper

How To, Entrepreneurship, Business, Education

4.7 • 1.6K Ratings

🗓️ 15 January 2026

⏱️ 48 minutes

🔗️ Recording | iTunes | RSS

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Summary

This side hustle model has a lower failure rate than most independent startups. You get to follow a proven playbook for success. But is it the right path for you? Today we're exploring the strategy of franchises as a side hustle, buying into somebody else's brand and system instead of starting completely from scratch. Done right, today's guest says it can replace your income in 2 to 3 years on a part-time basis. Greg Mohr is the author of Real Freedom, Why Franchises Are Worth Considering and How They Can Be Used for Building Wealth. He runs FranchiseMaven.com. Tune in to Episode 718 of the Side Hustle Show to learn: how franchises can work as a semi-passive side hustle what industries offer the best opportunities the real costs and financing options Full Show Notes: Does it Make Sense to Buy a Franchise as a Side Hustle? New to the Show? Get your personalized money-making playlist ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠here⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠! Sponsors: ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Indeed⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ – Start hiring NOW with a $75 sponsored job credit to upgrade your job post! ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Quo (formerly OpenPhone)⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ — Get 20% off of your first 6 months! ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Shopify⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ — Sign up for a $1 per month trial! About The Side Hustle Show This is the entrepreneurship podcast you can actually apply! The award-winning small business show covers the best side hustles and ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠side hustle ideas⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠. We share how to start a business and ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠make money online⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ and offline, including online business, side gigs, freelancing, marketing, sales funnels, investing, and much more. Join 100,000+ listeners and get legit business ideas and ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠passive income⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ strategies straight to your earbuds. No BS, just actionable tips on how to start and grow your side hustle. Hosted by Nick Loper of ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Side Hustle Nation⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠.

Transcript

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0:00.0	This side hustle model has a lower failure rate than most independent startups,
0:05.0	and you get to follow a proven playbook for success.
0:08.0	But is it the right path for you?
0:10.0	Today we're exploring the strategy of franchises as a side hustle,
0:14.0	buying into somebody else's brand, somebody else's system,
0:17.0	instead of having to start it completely from scratch.
0:20.0	Done right, today's guest says, it could replace your income in two to three years on a
0:25.4	part-time basis.
0:26.6	He's the author of Real Freedom, Why Franchises Are Worth Considering and How They Can Be
0:31.2	Be Used for Building Wealth from Franchise Maven.com, Greg Moore.
0:36.1	Welcome to The Sideustle Show. Nick, thank you very much for having me today, sir.
0:40.0	I appreciate it. Well, I'm excited to dive into it because this is a topic that is on a lot of people's
0:46.2	radars as they're looking for side hustle opportunities, but wanted to get your take on it.
0:50.4	Like, how feasible is it to do it as a part-time owner or operator where it's like,
0:56.7	okay, I got the day job, but maybe I got 10, 15, 20 hours a week to play around with some
1:02.6	franchise stuff.
1:03.6	Each individual franchise is going to be a little bit different in just how feasible it is
1:08.4	to operate that.
1:09.4	So just because they say semi-passive to begin with,
1:12.2	that's something you really need to dive deep into to investigate. The best way to do that,
1:17.2	which I encourage all my people to do, is talk to at least 10 current franchisees who are
1:22.1	operating that business, and they're operating it semi-passive, and they started operating it
	...

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