So I've read the book and reread the CENTS chapters... I have an idea that has been eating me up for a few years. Some how, the stars are aligning itself for this business model. Everything about it meets the CENTS commandments, Entry is still being worked and will be a longer process than originally anticipated, but can be worked as the business launches. So, what's the big BUT?
I currently already own a franchise business and for the last 18 months I have been establishing myself as the expert in that market and have built a good following. Some passive income is begging to flow in, but this business is no where in the fastlane scope! My friends, my family, MY WIFE, have all been super supportive, and that's awesome! Fast forward, do I now tell them, "You know what? this business is a much better idea!" unfortunately for me, those words have been my track record for some time now with only a few companies that have survived my possession for more than 5 years. Most businesses I have started, sold off for a profit within 3 years (not fastlane profits, but decent enough for a sidwalker that I was) or businesses that have gone down as bad projects. Let me not get into my battles with MLM's....
So where I find the struggle is mostly with my wife, I love her more than anything and the last thing I want to do is disappoint her as everything I am doing is not only for me, but for her! I know where my heart is, but I can't seem to figure out how to say, "I still want to keep the franchise, but I know this is where our future is".... I feel embarrassed, I feel that I will be ridiculed by my friends and family. This a part of my personal demons I deal with that haunt me everyday, every time I think of another idea that may work. The biggest difference from every other time, is that none of the other ideas or businesses ever met the CENTS commandments.
So my question and feedback I am looking for is, for those of you that have been down my same road, what have you done, what would you suggest, how would you consider dealing with this situation?
Your constructive feedback is greatly appreciated.
I currently already own a franchise business and for the last 18 months I have been establishing myself as the expert in that market and have built a good following. Some passive income is begging to flow in, but this business is no where in the fastlane scope! My friends, my family, MY WIFE, have all been super supportive, and that's awesome! Fast forward, do I now tell them, "You know what? this business is a much better idea!" unfortunately for me, those words have been my track record for some time now with only a few companies that have survived my possession for more than 5 years. Most businesses I have started, sold off for a profit within 3 years (not fastlane profits, but decent enough for a sidwalker that I was) or businesses that have gone down as bad projects. Let me not get into my battles with MLM's....
So where I find the struggle is mostly with my wife, I love her more than anything and the last thing I want to do is disappoint her as everything I am doing is not only for me, but for her! I know where my heart is, but I can't seem to figure out how to say, "I still want to keep the franchise, but I know this is where our future is".... I feel embarrassed, I feel that I will be ridiculed by my friends and family. This a part of my personal demons I deal with that haunt me everyday, every time I think of another idea that may work. The biggest difference from every other time, is that none of the other ideas or businesses ever met the CENTS commandments.
So my question and feedback I am looking for is, for those of you that have been down my same road, what have you done, what would you suggest, how would you consider dealing with this situation?
Your constructive feedback is greatly appreciated.
Dislike ads? Remove them and support the forum:
Subscribe to Fastlane Insiders.
Last edited by a moderator:
