Many potential franchisees and entrepreneurs hit a wall of fear at some point in the investigation process, and many don't even get started because of one thing. Overcoming fear in business is hard.

Entrepreneurs just have to get things done!

The job numbers have been awful. Unemployment is growing and more layoffs are coming. 

This week Nat and Pete take on the topic of personal responsibility. As business owners and entrepreneurs, they have been tossed roadblocks and problems. They could have gotten overwhelmed or blamed others, but they didn't the persevered. 

It's goal-setting time! Nat and Pete like to take time at the end of each year to set goals for themselves and their businesses. Over the years they have tried many different methods and have refined their style. But they are also still learning!

Pete and Nat are joined by Trent Halvorson, the Vice President of Franchisor Relations with FranChoice on this episode. Trent has a unique perspective on franchising because he works directly with the franchise companies and sees what they are doing and where they are going.

On this episode, Nat and Pete discuss many ideas and share quite a few stories, including how Pete would repossess cars from the Minnesota Vikings and Nat proves his half-day theory of entrepreneurship.

Pete and Nat have worked with so many franchisees that they are starting to see some common mistakes newbies make when they start their business.

You are interested in becoming a franchisee? Awesome! You are about to take a huge step in owning your income instead of renting it. But, do you know where to start?

Becoming a franchisee is a big step. It requires an investment of time, effort, and capital to get a new business off the ground. As a new franchisee or a franchisee candidate, there is a crucial step that is often overlooked: the franchise exit strategy.