Don’t Go West, Young Man. Buy Yourself A Franchise Instead

August 3, 2007 by Cris | 0 Comments

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The New York Times:

Clay McGee (photo) was soon to graduate from Arizona State University with a degree in marketing when he realized that the corporate world wasn’t for him. He wanted to be his own boss and run a business, though he had little experience or cash.

Then it hit him: franchising.

‘I pretty much knew I didn’t want to go and apply for jobs and fight against the rest of the working class and try to stand out above it,’ Mr. McGee, 24, said. ‘So I started shopping for a franchise because I figured it would be a good opportunity for someone to hold my hand through the whole thing.’

Today he owns a 1-800-gotjunk? franchise in Springfield, Mo., that brought in about $120,000 last year and has 4 employees. And he plans to buy a second one in Branson.

It is hard to say if Mr. McGee signifies a growing group of graduates bypassing regular employment to become franchisees. The numbers are still a small piece of the overall franchising pie…

In Franchise Ideas / Opportunities, Franchisees, Franchises, Startup, Succesful Franchisees' Stories, Successful Franchises, Trends

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