Franchise Secrets Podcast Franchise vs Buying a Business: Most Owners Choose for the Wrong Reason
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Jan 20, 2026 In this discussion, guest Nick Najjar, a multi-entrepreneur and investor, reveals insights gained from his journey in franchising and business ownership. He emphasizes how Cutco's training fosters exceptional operators. Najjar explains the importance of hiring the right team for financial freedom and shares strategies for evaluating home-services businesses. He also debunks myths about passive investing, comparing masterminds to traditional mentors. Listen to learn how smart deal-making and an effective exit plan can transform your entrepreneurial journey!
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Secure Finances Before Investing
- Make sure your personal finances and business can run without you before chasing outside investments.
- Create systems so your company runs like clockwork and you can step away safely.
Prove Your Business Runs Without You
- Work toward a self-managing business by delegating and building repeatable systems.
- Use stepped time-away tests (days to months) to prove the business runs without you.
Leverage Your Unique Ability
- Play to your unique ability and hire others for what drains you.
- Nick excels at deal-making and avoids getting buried in operational details.
