{"id":9336,"date":"2016-09-22T11:13:20","date_gmt":"2016-09-22T15:13:20","guid":{"rendered":"https:\/\/www2.franchisegator.com\/articles\/?p=9336"},"modified":"2022-08-04T17:23:48","modified_gmt":"2022-08-04T21:23:48","slug":"when-enough-is-not-enough-12610","status":"publish","type":"post","link":"https:\/\/www.franchisegator.com\/articles\/when-enough-is-not-enough-12610\/","title":{"rendered":"When Enough Is Not Enough"},"content":{"rendered":"

As a franchise coach<\/a>, I have worked
\nwith a large variety of folks over the past 15 years – some wealthy and some
\nnot. There are obvious reasons for starting a business when you are not
\nespecially wealthy, but what about those folks who are wealthy enough to
\nretire? At what point is enough not<\/em> enough,<\/em> and why do they want to start a
\nbusiness?<\/p>\n

There is an old adage that goes
\nsomething like this: \u2018A truly happy man is one that knows when enough is enough
\n\u2013 he neither needs more nor seeks it.\u2019 Why is that those with \u2018means\u2019 often
\ninvest in franchising opportunities in their Golden Years instead of just
\nslowing down and enjoying themselves and the fruits of their hard-earned labor?<\/p>\n

If you actually listen to these
\ninvestors, many state they love to work. <\/p>\n

Many of you work to live<\/em> (you need a pay check to pay bills, maintain a
\nlifestyle, etc.); these investors are just the opposite, they live to work!<\/em> For them, an investment is not just about money,
\nit\u2019s about the numerous opportunities an entrepreneurial investment will afford
\nthem. It\u2019s about legacy building and mentorship, deploying skills honed through
\nyears of corporate success, and sharing a knowledge base no educational institution
\ncan possibly teach. <\/p>\n

It\u2019s also about the money \u2013 everyone likes to make money<\/em> \u2013 it is the
\nway we keep score!<\/p>\n

Income aside, a common goal
\namong seasoned investors revolves around legacy. Many investors want to share
\ntheir knowledge and mentor their sons or daughters. They want give their
\nchildren the gift of independence and confidence. They want to instill their
\nwork ethic and organizational skills and mentor the next generation resulting
\nin a legacy of continued success and self-reliance.<\/p>\n

The entrepreneurial spirit is
\nwhat made America what it is today. Even in our cyclical down-years, the US
\neconomy tends to recover faster and stronger, thanks in large part to
\nentrepreneurs that share a common vision: self-reliance and a strong work ethic
\nresulting in continued success.<\/p>\n

I\u2019ve made a living partnering
\nseasoned entrepreneurs with successful, proven franchise systems. They like the
\npredictability of a strong business model that helps them hedge their bets.
\nThey also like the fact that many franchises have a built-in organizational
\nstructure that is built on a \u2018best-practices\u2019 model. No need to reinvent the
\nwheel, just apply your years of corporate world acumen to a proven business
\nmodel and share in the success. More importantly, there is no better way to
\nestablish a legacy for your heirs.<\/p>\n

Let\u2019s get back to our subject:
\nWhen Enough is Not Enough. It\u2019s not enough to just have money; you have to have
\nsomeone to enjoy it with. It\u2019s not enough to just succeed, you have to be
\nhappy. And it\u2019s not enough to accumulate knowledge, you have to share it with
\nthose you care about. In the end, those with means enjoy the next success just
\nas much as if it was their first. The moral of this story is: You never get tired of success.<\/em> <\/p>\n

That\u2019s enough!<\/p>\n

When Enough Is Not Enough<\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"

As a franchise coach, I have worked with a large variety of folks over the past 15 years – some wealthy and some not. There are obvious reasons for starting a business when you are not especially wealthy, but what about those folks who are wealthy enough to retire? At what point is enough not … When Enough Is Not Enough<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":9337,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[27,24],"tags":[],"class_list":["post-9336","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-editorial","category-franchise-experts"],"yoast_head":"\nWhen Enough Is Not Enough - Franchising Blog<\/title>\n<meta name=\"description\" content=\"Income aside, a common goal among seasoned investors revolves around legacy.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.franchisegator.com\/articles\/when-enough-is-not-enough-12610\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"When Enough Is Not Enough - 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