I recently placed an NFL player into a fitness franchise. He is in his 20s, but with an NFL player’s average lifespan being about three years, he was already halfway, if not more, through his career. Over his years playing, he made just enough money to do something else with his future. And he chose franchise ownership, not ever anticipating before that a franchise would help with his transition into the next stage of his life. I was fortunate enough to help him move onto the next chapter. My job was to set him on a path to successful business ownership.
When we first met, his main goal was to find something that would accommodate his family. He wanted to take the experience that he learned in the NFL and grow something of his own. I was honored to act as his mentor and to help navigate the process of franchise ownership. We used a very systematic approach to clarify how the next chapter of his life would look. Once we explored a multitude of franchise opportunities, we were able to find the best fit for him to see both satisfaction with his new path and success for his financial future.
Professionals are attracted to franchise ownership because they're tired of trading their time for money. Eventually, there's only so much time and so much money you can charge per hour. Owning a franchise provides the ultimate leverage. If you have a business that can operate without you having to be there all the time, you can leverage your time and leverage your capital.
Frannexus recently placed two NFL players into a franchise that were retiring and franchise ownership was their next chapter. What we realized with professional athletes and professionals anything is that their training had taught them to follow standard operating procedures. They followed a formula for success. That's why franchisors love them. They understand that following a recipe will result in the objective that they're looking for.