Week 11

This week we learned more about franchises. We read an article called, How Franchising Work. The chapters in this article are:

·         The Rules: Fees

o   Restrictive Covenants

o   Trade Secrets

·         Selecting the Right Franchise

·         The Franchising Process

·         Creating a Plan

·         The Legal Aspects

·         At the End of the Road;

You can find the article at; https://money.howstuffworks.com/franchising.htm

This article was very informative about the subject.

We also read about Steve Jobs. I have never found interest in Steve Jobs, until now. What an impressive man, who gives excellent advice from all of his experiences. There are so many beautiful examples and life lessons that he gives us all. 

First off, I love how he tells us, ask yourself if you are going to die tomorrow is this what you want to be doing? After a couple of days if the answer is still not happy, then it's time for a change. This advice can be applied to both life and work. It makes you think, are you pleased with what you are doing?

"People with passion can change the world for the better." Asked about the advice he would offer would-be entrepreneurs, he said, "I'd get a job as a busboy or something until I figured out what I was passionate about." That's how much it meant to him. Passion is everything. Am I passionate about what I am doing right now?

Jobs was as proud of what Apple chose not to do as he was of what Apple did. When he returned to Apple in 1997, he took a company with 350 products and reduced them to 10 products in a two-year period. Why? So, he could put the "A-Team" on each product. What are you saying "no" to?   I love the idea of taking just a few things and making it your best than taking hundreds and making them mediocre.

On my $100.00 challenge, I feel I am struggling and am frustrated. With my Facebook friends here in Alaska, I have asked for help in purchasing my Hot Unicorn Fudge, yet I have not had too many buyers. Because of the law and no time to obtain permits and testing, I can only sell to my friends here in Alaska. I have let them know what I am doing and why. I don't care about the extra credit. All I care about is raising enough money, plus whatever l else I can get for those people on the Kiva page to get them the help they need. I have already helped secure a loan for six women, and I don't know how the loan works. Personally, I don't want my money back. I know what it's like to struggle, of course not as much as they do, yet I want to give as much help as I can to them. I wish my Friends could help me in this endeavor.