Written by
Matt Frentheway

How to Master a New Side Hustle

A side hustle is a strategic move toward achieving greater professional and financial freedom. As an executive, you’re already adept at navigating the complexities of corporate life. What if I told you that applying those same skills to managing a franchise side hustle could open up a new world of opportunities, with less hassle than you imagine? Let’s dive into how you can leverage your executive prowess to make a franchise side hustle work for you.

Leverage Your Executive Skills

You've climbed the corporate ladder not by chance, but through a combination of critical management skills. Whether it's time, financial, operations, or project management, these skills are your secret sauce to balancing a demanding corporate job with franchise ownership.

Consider this: your ability to optimize schedules, streamline projects, and foster smooth vendor relationships can directly translate into managing a franchise. The key lies in identifying your strengths and applying them strategically to mitigate the challenges of juggling both roles.

Try Franchising with a Proven Concept

Think of franchise ownership not as a burdensome extra task, but as an executive special assignment. Just like those high-stakes projects entrusted to you by the CEO or board, a franchise side hustle requires you to apply your knack for leadership and delegation. Hiring a capable franchise manager can do wonders, turning what seems like a double workload into a manageable extension of your executive role.

This approach doesn't mean doubling your work hours but adding a strategically planned 8-to-10-hour commitment each week. It's about working smarter, not harder, to pave the way for professional and financial liberation.

Flexibility Is Your Friend

Even with the best management skills, you may find the idea of a side hustle daunting. Remember, the goal is freedom, not burnout. If the balance feels off, consider alternatives that maintain your trajectory towards franchise ownership. Transitioning to a leadership role in a smaller company, consulting, or stepping down the corporate ladder can offer the flexibility you need to keep your franchise dream alive.

A Word to the Wise: Keep It Clean

It's crucial to maintain a clear boundary between your corporate responsibilities and your side hustle. The integrity of your professional relationships and your legal standing depends on it. Mixing resources between your day job and your franchise can jeopardize more than just your current position—it can tarnish your reputation.

Having a franchise side hustle is less about adding to your workload and more about strategically applying your existing skills towards achieving greater autonomy and financial growth. It's a testament to the fact that with the right approach, managing a side hustle is not only feasible but can be a rewarding extension of your professional journey.

Ready to explore how franchising can complement your career? The path to your American Dream might just begin with a side hustle.

Grab a time on my calendar and let's see what franchises match with your lifestyle and goals.

Matt Frentheway

As a successful franchisee and entrepreneur, I can help you find the best opportunity to realize your dream of being a profitable franchise owner. Using my proven process as a franchise consultant, we’ll define your goals, narrow the field, and select the best franchisor for you to achieve financial freedom.