Self-employment ideas

If you had the desire to become self employed, what would you do? Would it be within the industry you work, something different like opening a franchise? Or a new concept?

I ask this because, in late January, a google article magically appeared on my phone that a ice cream/frozen dessert concept started to franchise. It was not in my area, and frequented this spot whenever we visited family in the area the concept existed.

I quickly inquired, spoke with the franchise partner. We discussed the franchise and How I was familiar with it and my background. He sent me an application which I completed and only to be told that that they will not be in my market for another 2 years. From what I was able to gather, he said my area was a high cost of living state. It would really skew the numbers they had to provide on the Franchise Disclosure Document, they anticipate to expand in my area 2022. However, If I am willing to open in their target markets we can talk. I passed not within my comfort zone.

If you guys were to go out on your own and become self employed, what would you do? Equally as important, what stopping you? (Other than the pandemic).

6 Comments
 
"RobberBaron123" Big cat rescue for sure

With that bitch Carol Baskins?

"If you always put limits on everything you do, physical or anything else, it will spread into your work and into your life. There are no limits. There are only plateaus, and you must not stay there, you must go beyond them." - Bruce Lee
 

being a franchisee can be good money if you do it right, but IMO you’re just a conduit to someone else achieving their dream. you’re helping someone build their own brand equity. profitable? can be. long term, depends. as trends change you might find yourself in a shit position if the franchise company doesn’t adjust. Now, starting your own co and franchising it.... now that’s the shit.

"Out the garage is how you end up in charge It's how you end up in penthouses, end up in cars, it's how you Start off a curb servin', end up a boss"
 

Sunt eum quia qui asperiores odit ullam. Corrupti ad voluptates unde consequatur ratione omnis illum. Facilis et dolores sunt adipisci sed voluptatem molestiae. Voluptas magnam quis nulla debitis facere amet commodi. Omnis recusandae et eveniet praesentium praesentium dolorum.

Career Advancement Opportunities

May 2026 Investment Banking

  • Evercore 01 99.4%
  • Moelis & Company 01 98.8%
  • JPMorgan 01 98.2%
  • Guggenheim Partners 01 97.7%
  • Morgan Stanley 07 97.1%

Overall Employee Satisfaction

May 2026 Investment Banking

  • Moelis & Company No 99.4%
  • Morgan Stanley 01 98.8%
  • Evercore 01 98.2%
  • BMO Capital Markets 12 97.6%
  • Banco Santander 01 97.1%

Professional Growth Opportunities

May 2026 Investment Banking

  • Moelis & Company No 99.4%
  • Evercore No 98.8%
  • Morgan Stanley 05 98.2%
  • JPMorgan No 97.7%
  • BMO Capital Markets 12 97.1%

Total Avg Compensation

May 2026 Investment Banking

  • Vice President (14) $434
  • Associates (43) $259
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (22) $179
  • Intern/Summer Associate (13) $156
  • 1st Year Analyst (75) $151
  • Intern/Summer Analyst (65) $101
notes
16 IB Interviews Notes

“... there’s no excuse to not take advantage of the resources out there available to you. Best value for your $ are the...”

Leaderboard

1
redever's picture
redever
99.2
2
kanon's picture
kanon
99.0
3
BankonBanking's picture
BankonBanking
99.0
4
Secyh62's picture
Secyh62
99.0
5
Betsy Massar's picture
Betsy Massar
98.9
6
DrApeman's picture
DrApeman
98.9
7
GameTheory's picture
GameTheory
98.9
8
CompBanker's picture
CompBanker
98.9
9
dosk17's picture
dosk17
98.9
10
Jamoldo's picture
Jamoldo
98.8
success
From 10 rejections to 1 dream investment banking internship

“... I believe it was the single biggest reason why I ended up with an offer...”