This side hustle model has a lower failure rate than most independent startups. You get to follow a proven playbook for success. But is it the right path for you?

Today we’re exploring the strategy of franchises as a side hustle, buying into somebody else’s brand and system instead of starting completely from scratch.

Done right, today’s guest says it can replace your income in 2 to 3 years on a part-time basis.

Greg Mohr is the author of Real Freedom, Why Franchises Are Worth Considering and How They Can Be Used for Building Wealth. He runs FranchiseMaven.com.

Tune in to Episode 718 of the Side Hustle Show to learn:

• how franchises can work as a semi-passive side hustle
• what industries offer the best opportunities
• the real costs and financing options

Full Show Notes: Does it Make Sense to Buy a Franchise as a Side Hustle?

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About The Side Hustle Show

This is the entrepreneurship podcast you can actually apply!

The award-winning small business show covers the best side hustles and ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠side hustle ideas⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠. We share how to start a business and ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠make money online⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ and offline, including online business, side gigs, freelancing, marketing, sales funnels, Investing, and much more.

Join 100,000+ listeners and get legit business ideas and ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠passive income⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ strategies straight to your earbuds. No BS, just actionable tips on how to start and grow your side hustle.

Hosted by Nick Loper of ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Side Hustle Nation⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠.

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Nick Loper Chief Side Hustler

Nick Loper helps people earn money outside of their day job. He's an author, online entrepreneur, and host of the award-winning Side Hustle Show podcast, which features new part-time business ideas each week. As Chief Side Hustler at SideHustleNation.com, he loves deconstructing the tactics and strategies behind building extra income streams.