Franchising, Nicole the Hero, $100 Challenge Update

Franchise, franchise, franchise. Here a franchise, there a franchise, everywhere...a franchise!
How many of you have worked for a franchise? I have. But, my franchise is no ordinary franchise. My franchise that I worked for is infamous Utahan frozen custard store. As I was able to reflect upon my time in the frozen dessert franchise, I was able to understand the ins-and-outs of franchising. I knew that we had to purchase certain product, we were in charge of our own marketing, and we had an owner that worked really hard.

Part of this week was spent analyzing the hands-on manager and how they can be affected if they are meticulously involved or lazily uninvolved. There are many pros and cons from both side of the realm, but the happy medium was always difficult to attain. If there is one thing about franchises that I want to point out, it is the idea of a global standard with all locations and facilities. I'm glad that my favorite burger joint is the same, or closely similar to the others.

Here baby, have a leg warmer!

We were able to look into the life of Nicole Donnely. She is a woman, a mom, and a young entrepreneur, yet, she is able to create a product that is quite useful and beneficial for babies everywhere. Some points that I was able to pick out from her interview were as follows:

• Embrace and control fear. There are many times where we become committed to something in our lives, and in the middle of it, we become fearful and doubtful. Nicole said, that if we embrace fear and control it, we are able to overcome any obstacle and accomplish our tasks.
• Leader versus member. This is a difficult task, but if we focus, watch others in a similar situation, we can lead others successfully.
• We should rely on others that know what they are doing, that help overcome our weaknesses, and understand the basic language of finance and money.
• No matter what our situation, who we are, and what we do, we should always to look and learn for ways to get what we want.
• Give back. Nicole, she saw her company changing the world, but it also gave her a better opportunity to serve more individuals that could use the help.

The Challenge
I have been really busy implementing my product into the market. Because I got really excited with this project, I opened a website, started emailing vendors, and am in the process of attaining inventory. I have come to realize that this challenge was more than just becoming motivated to do something with our entrepreneurial spirit within myself, but it made opening and starting a business   more entertaining and educational. As of right now, I am in the process of acquiring customers to purchase my product (even though I have one main customer which will purchase from me) and finding help with other aspects of the business to get me up and running. This eCommerce business is starting to take shape, and I am the official owner of the company. MPNV.CO. I'm hoping that I am ready for what comes up ahead.