{"id":6659,"date":"2012-06-20T03:50:51","date_gmt":"2012-06-20T03:50:51","guid":{"rendered":"https:\/\/www.thefranchiseking.com\/?p=6659"},"modified":"2016-01-08T03:46:14","modified_gmt":"2016-01-08T03:46:14","slug":"nik-wallenda-franchisee","status":"publish","type":"post","link":"https:\/\/www.thefranchiseking.com\/nik-wallenda-franchisee","title":{"rendered":"Would Nik Wallenda Be a Good Franchisee?"},"content":{"rendered":"<p>Did you watch&#8230;scratch that, did you <em>attempt<\/em> to watch <strong>Nik Wallenda<\/strong> #<strong>WalkTheWire<\/strong> ?<\/p>\n<p>You <em>do<\/em> know what I&#8217;m\u00a0referring\u00a0to, right?<\/p>\n<p>Well, just in case you were hanging out in your <em>Glenn Beck designed<\/em> underground bunker last weekend for a practice &#8220;<em>End of The World<\/em> &#8220;drill (<em>and weren&#8217;t near a television<\/em>), allow me to clue you in on what you missed&#8230;.<br \/>\n<a title=\"img_60308 by dpape, on Flickr\" href=\"https:\/\/www.flickr.com\/photos\/dpape\/7378181158\/\" rel=\"nofollow\"><img loading=\"lazy\" decoding=\"async\" alt=\"img_60308\" src=\"https:\/\/farm8.staticflickr.com\/7080\/7378181158_667646a324.jpg\" width=\"450\" height=\"333\" \/><\/a><\/p>\n<p>(Photo of Nik Wallenda courtesy of <a title=\"nik wallenda niagra falls\" href=\"https:\/\/www.flickr.com\/photos\/dpape\/7378181158\/\" target=\"_blank\">Dave Pape-Flickr<\/a>)<\/p>\n<p>&nbsp;<\/p>\n<p>You missed <strong>Nik Wallenda<\/strong>, (<em>a member of the Flying Wallenda family franchise<\/em>) <strong>walking <del>across<\/del><\/strong>\u00a0<strong>over<\/strong>\u00a0<strong>Niagara\u00a0Falls on a tightrope.<\/strong>\u00a0Pretty amazing. Except for one little thing. Keep reading&#8230;<\/p>\n<p>Look closely. Do you see it? Closer&#8230;closer&#8230;there you go. You found it.<\/p>\n<p><em><strong>Mr. Wallenda is tethered to a high-tech safety harness<\/strong><\/em>.<\/p>\n<p>Would you like to know why?<\/p>\n<p>So he won&#8217;t fall into The Falls <strong>and die<\/strong>. Allow me to share <em>a Tweet<\/em> that I typed out during this live pulse-pounding event;<\/p>\n<p><a href=\"https:\/\/twitter.com\/FranchiseKing\"><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-medium wp-image-6661\" title=\"live tweets nik wallenda niagara falls\" alt=\"live tweets nik wallenda niagara falls\" src=\"https:\/\/www.thefranchiseking.com\/wp-content\/uploads\/Capturewall-320x42.png\" width=\"330\" height=\"50\" \/><\/a><\/p>\n<p>Call me crazy, but I thought that the whole purpose of being a daredevil was to <em>dare the devil<\/em>.<\/p>\n<p>Call me sick, but when my Mom called to tell me that some\u00a0nut-job\u00a0was attempting to walk across the entire\u00a0length\u00a0of\u00a0Niagara\u00a0Falls on a tightrope, I turned my\u00a0television\u00a0on hoping to see a splash. Didn&#8217;t <em>you<\/em>?<\/p>\n<p>Call me a party pooper if you want, but as soon as I noticed-and zoomed in on the contraption that was quietly following old Nik during his daring walk, I looked over to my wife and yelled <strong>WTF<\/strong>!<\/p>\n<p>And then I turned the freak show off. I was really disappointed in Nik. There he was, walking ever so slowly across The Falls, sharing childhood memories with his Dad via a waterproof headset. Nik didn&#8217;t even look scared. As a matter of fact, Nik Wallenda seemed kind of laid back. Almost as if he wasn&#8217;t taking much risk.<\/p>\n<p>&nbsp;<\/p>\n<h2>Almost Like a Franchisee<\/h2>\n<p>I&#8217;ve worked with lots of potential franchise owners&#8211;<em>franchisees<\/em>, who reminded me of <strong>Nik Wallenda<\/strong>. They were willing to take a risk&#8211;to a point, but really wanted to make sure that they had some type of safety mechanism. They <del>wanted<\/del> needed to know that if they started to fall, something&#8230;or someone would be there to catch them. That&#8217;s why they were attracted to the business model of franchising\u00a0in the first place. They didn&#8217;t want to start a business from scratch.<\/p>\n<p>After all, franchising offers;<\/p>\n<ul>\n<li>A business system<\/li>\n<li>Formal training<\/li>\n<li>Corporate support<\/li>\n<li>Field support<\/li>\n<li>Lower risk-<strong><em>Wait.<\/em><\/strong> Not true. <em>Buying a franchise can be just as risky as buying a non-franchise business<\/em>. Don&#8217;t fall for some of the<a title=\"franchise success rates\" href=\"https:\/\/www.thefranchiseking.com\/shocking-franchise-success-failure-statistics-revealed\"> franchise success and failure statistics <\/a>that are still being bandied around.<\/li>\n<\/ul>\n<p>&nbsp;<\/p>\n<h2>Get Some Safety Gear<\/h2>\n<p>If you&#8217;re going to buy a franchise someday, <em><strong>be like Nik;<\/strong><\/em>\u00a0lower your risk.<\/p>\n<p><strong>1.<\/strong> \u00a0Make sure that you are the right type of person for franchise ownership<\/p>\n<p><strong>2.<\/strong> \u00a0Only look at franchises that will allow you to use your\u00a0\u00a0top skills<\/p>\n<p><strong>3.<\/strong> \u00a0Stay well within your budget<\/p>\n<p><strong>4.<\/strong> \u00a0<a title=\"stash some money for your franchise\" href=\"https:\/\/www.thefranchiseking.com\/stash-some-money\">Stash some of this<\/a><\/p>\n<p><strong>5.<\/strong> <a title=\"get a franchise lawyer\" href=\"https:\/\/www.thefranchiseking.com\/franchise-information-get-a-lawyer-franchise-contract\">\u00a0Hire a lawyer<\/a><\/p>\n<p><strong>6.<\/strong> Find a franchisee that can mentor you<\/p>\n<p>&nbsp;<\/p>\n<p>I&#8217;m willing to wager that Nik Wallenda <em>would<\/em> do those 6 things if he was looking into becoming the owner of a franchise business. The guy gets it.<\/p>\n<p><em><strong>I think that Nik Wallenda would make a great franchisee<\/strong><\/em>.<\/p>\n<p>(<em>Even though he thoroughly disappointed me. I kind of wanted to see a splash<\/em>.)<\/p>\n<p>Would <em>you<\/em> make a great franchisee? Why?<\/p>\n<p>Would you like to work with me? I provide very useful advice. Let&#8217;s talk.<\/p>\n<p><a title=\"free call with the franchise king \" href=\"https:\/\/my.timedriver.com\/F63FS\" target=\"_blank\"><strong>Free Call<\/strong><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Did you watch&hellip;scratch that, did you attempt to watch Nik Wallenda #WalkTheWire ? You do know what I&rsquo;m&nbsp;referring&nbsp;to, right? Well, just in case you were hanging out in your Glenn Beck designed underground bunker last weekend for a practice &ldquo;End of The World &ldquo;drill (and weren&rsquo;t near a television), allow me to clue you in [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_mo_disable_npp":"","footnotes":""},"categories":[628,627,522],"tags":[931,930,929],"class_list":["post-6659","post","type-post","status-publish","format-standard","hentry","category-franchise-failure-rates","category-franchise-success-rates","category-franchisee","tag-walkthewire","tag-niagara-falls","tag-nik-wallenda"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v28.0 (Yoast SEO v28.0) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Would Nik Wallenda Be a Good Franchisee? &#8212; The Franchise King\u00ae<\/title>\n<meta name=\"description\" content=\"Would Nik Wallenda Be a Good Franchisee?\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.thefranchiseking.com\/nik-wallenda-franchisee\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Would Nik Wallenda Be a Good Franchisee?\" \/>\n<meta property=\"og:description\" content=\"Would Nik Wallenda Be a Good Franchisee?\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.thefranchiseking.com\/nik-wallenda-franchisee\" \/>\n<meta property=\"og:site_name\" content=\"The Franchise King\u00ae\" \/>\n<meta property=\"article:published_time\" content=\"2012-06-20T03:50:51+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2016-01-08T03:46:14+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/farm8.staticflickr.com\/7080\/7378181158_667646a324.jpg\" \/>\n<meta name=\"author\" content=\"Joel Libava\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.thefranchiseking.com\\\/nik-wallenda-franchisee#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.thefranchiseking.com\\\/nik-wallenda-franchisee\"},\"author\":{\"name\":\"Joel Libava\",\"@id\":\"https:\\\/\\\/www.thefranchiseking.com\\\/#\\\/schema\\\/person\\\/b560fd324f6df9be52ac875e631beb66\"},\"headline\":\"Would Nik Wallenda Be a Good Franchisee?\",\"datePublished\":\"2012-06-20T03:50:51+00:00\",\"dateModified\":\"2016-01-08T03:46:14+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.thefranchiseking.com\\\/nik-wallenda-franchisee\"},\"wordCount\":601,\"commentCount\":2,\"publisher\":{\"@id\":\"https:\\\/\\\/www.thefranchiseking.com\\\/#organization\"},\"image\":{\"@id\":\"https:\\\/\\\/www.thefranchiseking.com\\\/nik-wallenda-franchisee#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/farm8.staticflickr.com\\\/7080\\\/7378181158_667646a324.jpg\",\"keywords\":[\"#WalkTheWire\",\"Niagara Falls\",\"nik wallenda\"],\"articleSection\":[\"franchise failure rates\",\"franchise success rates\",\"franchisee\"],\"inLanguage\":\"en-US\",\"copyrightYear\":\"2012\",\"copyrightHolder\":{\"@id\":\"https:\\\/\\\/www.thefranchiseking.com\\\/#organization\"}},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.thefranchiseking.com\\\/nik-wallenda-franchisee\",\"url\":\"https:\\\/\\\/www.thefranchiseking.com\\\/nik-wallenda-franchisee\",\"name\":\"Would Nik Wallenda Be a Good Franchisee? 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Finally, he's been in franchising close to 25 years.","email":"joel@thefranchiseking.com","telephone":"2168312610","legalName":"Franchise Selection Specialists Inc.","foundingDate":"2002-01-20","taxID":"20-1184045","numberOfEmployees":{"@type":"QuantitativeValue","minValue":"1","maxValue":"10"}},{"@type":"Person","@id":"https:\/\/www.thefranchiseking.com\/#\/schema\/person\/b560fd324f6df9be52ac875e631beb66","name":"Joel Libava","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/secure.gravatar.com\/avatar\/0c74981307dba3f4970cdf8359a1b2fc6ffe7721a2e3d1001acd9ac59db6ed61?s=96&d=mm&r=pg","url":"https:\/\/secure.gravatar.com\/avatar\/0c74981307dba3f4970cdf8359a1b2fc6ffe7721a2e3d1001acd9ac59db6ed61?s=96&d=mm&r=pg","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/0c74981307dba3f4970cdf8359a1b2fc6ffe7721a2e3d1001acd9ac59db6ed61?s=96&d=mm&r=pg","caption":"Joel Libava"},"description":"I\u2019m The Franchise King\u00ae, Joel Libava. I'm the author of two helpful books on researching and buying a franchise. In addition, I'm a Franchise Ownership Advisor with 20+ years of experience working 1-on-1 with people interested in buying a franchise, safely. Subscribe to my free VIP Franchise Newsletter.","sameAs":["https:\/\/www.thefranchiseking.com","https:\/\/www.instagram.com\/thefranchchiseking1","https:\/\/linkedin.com\/in\/joellibava","https:\/\/in.pinterest.com\/franchiseking\/","https:\/\/www.youtube.com\/JoelLibava"],"knowsAbout":["Franchising"]}]}},"_links":{"self":[{"href":"https:\/\/www.thefranchiseking.com\/wp-json\/wp\/v2\/posts\/6659","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.thefranchiseking.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.thefranchiseking.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.thefranchiseking.com\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.thefranchiseking.com\/wp-json\/wp\/v2\/comments?post=6659"}],"version-history":[{"count":0,"href":"https:\/\/www.thefranchiseking.com\/wp-json\/wp\/v2\/posts\/6659\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.thefranchiseking.com\/wp-json\/wp\/v2\/media?parent=6659"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.thefranchiseking.com\/wp-json\/wp\/v2\/categories?post=6659"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.thefranchiseking.com\/wp-json\/wp\/v2\/tags?post=6659"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}