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article · February 2006

The People's Franchise

“I would rather have one percent of 100 people’s efforts than 100 percent of my own.” — Andrew Carnegie

Article-era portrait of John Milton Fogg
Contributor portrait
John Milton Fogg

“I would rather have one percent of 100 people’s efforts than 100 percent of my own.” — Andrew Carnegie

Not bad for what just a few years ago was labeled “a scam and a scheme.”

Think about it: how many companies do you do business with that have been around for 10 years or more?

Franchises fees range between a low/low/low of $1,000 to $500,000 and more. The average fee today comes in at around a about $50 grand.

There’s a higher risk, and a higher reward. Once anything is a sure thing, it seems everybody’s doing it.

Network marketing has taken the concept of franchising— providing independent entrepreneurs with a ready-made, low-risk, proven, turn-key small-business opportunity— and made some genuinely remarkable improvements on it.