Whenever I feel insecure during my career, I pay a visit to the annual FL Asia exhibition to look at what kind of businesses are seeking franchisees. And it was never a waste of time. How else can you find an exhibition that has free admission, thin crowds, free food/drinks, and folks eager to dish out freebies?
With my first visit over two decades ago, I must say that nothing serious ever happened. The only time I signed up for more information was when I was on the verge of being outsourced to HP many years ago; I wanted to explore the idea of owning my own Cheers outlet. In every single case, the profit margins are razor-thin, and it felt more like buying myself employment than really becoming a boss of my own firm.
This year, I did not go because I was feeling insecure. If I even wanted to move my wealth to the next level, I had to either find myself a franchise or buy up some kind of business from a retiring founder. So I convinced some friends to attend the session with me. Friends are helpful as a sounding board when looking at potential companies.
I found an academy that trains kids in public speaking, which is up my alley, but it has a hefty six-digit price tag to get one outlet out in Woodlands. My pals seemed fixated on an F&B concept involving a shawarma done in a Taiwanese style that tasted quite good. But nothing really inspired me enough to liquidate some of my investments to get a business running.
As for the upcoming week, I have just one video on geo-arbitrage ready to launch tomorrow :
But over the week, I will be coming up with more content as we go along.
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