Semi-Passive Income

Today we hear from a Guest Writer, Tim Glasser with Franchise Copilots!

 

Nearly every pilot I’ve talked to is interested in ways to invest some of their money that will result in predictable additional income with a good rate of return. Obviously you can invest in mutual funds and perhaps get an 8% return over time. This is almost entirely a passive investment, as it consumes very little of your time.

 

But what if you expect to get significantly more than 8%? If you are willing to spend some of your time and energy to manage your investment, but want to keep the aviation career you love, then a semi-passive franchise business opportunity might be right for you.

 

Semi-passive franchise businesses are found in a range of industries, but they tend to have some common characteristics:

● The business model has already been proven to be successful if you follow the playbook

● The operational systems and supporting technology are provided by the franchisor

● They are driven by marketing and advertising campaigns provided by the franchisor, versus direct-sales, so customers are coming to you!

 

This minimizes the amount of time that you need to spend figuring out the hundreds of details and best practices that will make a business successful. It’s all provided to you. So what value do you add? It’s all about people. Who you hire to manage the day-to-day operations, and who they hire to engage with customers, will often define your degree of success. Related to this are the work environment and incentives you establish to make sure your turnover is minimal, because your employees love what they do every day.

 

As a pilot, leadership, communication, and interpersonal skills have been honed over time. Why not apply these same skills to establish a successful business that will provide that additional wealth you have been seeking? You don’t need an MBA to learn how to run a business; the franchisor will teach you how, then provide ongoing support and coaching.

 

So how do you get started? Connect with a franchise broker, like me. I’ll learn about your goals, skills, & values, then help you explore franchise business opportunities that are the best fit. No cost, obligation, or pressure. I don’t sell, I educate. If you would like to learn more, call me, or schedule a time to talk using the link below.

 

“Dream big. Start small. But most all, Start.” ~ Simon Sinek

 

Tim Glasser Franchise Broker www.franchisecopilots.com

P: 616.638.8091 E: [email protected]

Schedule a call with Tim at:

https://talk-to-tim-glasser.appointlet.com/s/introduction

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