Episode 21: On this episode of Pursuit of Profit, Cliff and Justin share some of their best advice that they give to potential franchisees - everything from thinking about an exit strategy, checking your risk tolerance, are you the right fit for self-employment, and finally what to do if the franchise doesn't work out. Knowledge is power... take a listen.

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Timestamps:

* 02:20 - Exit strategy

* 05:40 - Risk tolerance shifts with time

* 10:44 - Assessing potential franchisees

* 17:12 - Should you be self-employed

* 30:45 - Why you want a long-term contract

* 36:03 - What happens if this franchise doesn't work out

* 42:40 - Early warning signs

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Links:

* Franocity

* Cliff Nonnenmacher (LinkedIn)

* Justin Guevara (LinkedIn)

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Welcome to "Pursuit of Profit," the raw and unfiltered podcast where Cliff & Justin pull no punches to guide aspiring entrepreneurs, business owners, and franchisees on their journey to create wealth, financial abundance, and ultimate personal growth. If you're seeking sugar-coated advice and constant reassurance, this podcast may not be for you. But if you crave unapologetic honesty and a dose of tough love, then you've come to the right place.