Lesson 11: Franchising

My progress on the $100.00 challenge.This week product deliveries were delayed due to the overwork of my company. The good news is that customers are still willing to get their Cycream for next week.It could be said that the goal was met in the sales department aspect but our logistic team are a little behind.

It is definitely a week of much learning I learned How to start a franchise and the procedure that is needed to be able to do it one. One thing that most caught my attention was the advantages of having a recognized franchise because it is practically money in the bank, the marketing has been done since long time ago in such a way that when you put franchise your clients recognize your business almost instantly in such a way that success is almost assured, I say "almost assured" because you still have to make your business plan and dedicate yourself to 100% until the franchise is working correctly.

 

On the other hand I learned a lot about Steve Jobs, he was a character without doubt with a great knowledge that left us a legacy of teachings based on his example. I really liked the speech that he gave in Stanford student’s graduation. The best advice for me was when he said that we must live every day in such way as if it were was the last day of our life, if we doing so we can be more grateful and humble but with strong determination to makes everyone's life better.

This week I learned from our Acton hero activity Nicole Donnelly, that we should have our eyes open when business opportunities arise and that supporting the community with the benefits gained from our business is a way of giving back.