569: Build Wealth Through Franchise Opportunities and Replace Your Income with Mariel Miller

Mariel Miller has 27 years experience in the franchise sector. She uses her rich background to provide franchise-related advice and coaching to potential entrepreneurs and educates them on thoroughly vetting franchise opportunities through her firm The Franchise Advisor. Her in-depth coaching is free of charge for the curious to the serious candidate. Popular with those seeking semi-passive, scalable and quality of life opportunities, she expertly guides clients through a personal yet efficient discovery process, education and franchise search.

Quotes:                                                                                                                                   

“The worst thing, I believe, is living with regrets and reaching a point where you say, ‘If only I had paid attention to that.” – Mariel Miller

“Ninety percent of the time, people end up in a business they would never have uncovered or considered on their own, something they might have avoided or overlooked entirely.” - Mariel Miller

“Franchising is only a way to get somewhere. We need to know where you're looking to go.” - Mariel Miller

Takeaways:

01:35 Franchising offers a faster, more supported path to business ownership compared to starting from scratch.

04:43 Franchising can be financially accessible, with investment ranges from $75,000 to $750,000 and often requiring only 10-30% cash injection.

14:08 Successful franchise exploration requires understanding personal goals, lifestyle preferences, and potential income expectations.

28:11 The franchise selection process is methodical, involving personal assessment, objective research, and careful validation of business potential.

32:34 Franchise opportunities exist in over 70 different economic categories, far beyond traditional food and retail sectors.

Resources

Podcast: Play in new window | Download (Duration: 39:22 — 36.1MB) | Embed

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Filed in: Archive 3: 2018-2020 • Business • Interview • Podcast

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