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What's Your Next?

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What's Your Next?

Choosing the Right Franchise Can Build Your Ideal Lifestyle Business

June 03, 2025 • Stacey Riska • Episode 103

🌟 Choosing the Right Franchise: Aligning Business with Your Lifestyle

In the evolving landscape of business ownership, aspiring entrepreneurs often face one central dilemma: "What kind of business best fits my lifestyle?" The podcast episode from Next Level Franchise Group titled "What is Your Next?" dives into this essential question, offering insights for anyone considering franchising as a career path.

🎯 Defining Lifestyle Priorities

Before selecting a franchise, one must first identify what "lifestyle" means personally. This could include:

👨‍👩‍👧 Spending more time with family

✈️ Traveling without restrictions

🕒 Having autonomy over daily work decisions

💸 Seeking financial independence

For many, franchising is not merely about income but also about the quality of life it can enable.

💼 Real-Life Lessons

A compelling example shared in the podcast involved a corporate employee who, after receiving a severance package, decided never to return to traditional employment. Their initial interest in emotionally fulfilling industries such as senior care or education proved misaligned with their lifestyle goals. These industries required constant presence and emotional labor.

Ultimately, they chose a less glamorous but operationally flexible business. This choice allowed them to appoint a manager, giving them freedom and time with their young children—highlighting how "boring" franchises can still be the most rewarding.

🧠 Personality-Based Matchmaking

The podcast emphasizes that franchise success is often tied to personality fit. Extroverts may thrive in high-interaction environments like fitness or wellness services, while introverts may excel in businesses like vending or e-commerce that require minimal human interaction.

🏡 Family and Legacy

Franchising also offers a unique avenue to involve family, creating lasting bonds and legacies. For the podcast hosts, their family-run smoothie business became a memorable and educational part of their children’s upbringing.

🧭 Strategic Takeaways

Avoid chasing trendy businesses that lack longevity.

Reflect deeply on your "why" before diving into ownership.

Look beyond the surface appeal of industries to evaluate long-term lifestyle compatibility.

Choosing a franchise isn’t just about the business—it’s about building a life that resonates with your deepest values and aspirations.

📚 [Resources]

📝 QUIZ: WHAT FRANCHISE CONCEPT IS RIGHT FOR YOU?

https://www.nextlevelfranchisegroup.com/whats-your-perfect-franchise-quiz

💰 FREE FRANCHISE INVESTMENT CALCULATOR

https://www.nextlevelfranchisegroup.com/franchise-investment-calculator

📖 FREE E-BOOK: THE ROADMAP TO BUYING A FRANCHISE - IN 9 EASY STEPS

https://www.nextlevelfranchisegroup.com/files/the-roadmap-to-buying-a-franchise-in-9-easy-steps.pdf