What advice might Taleb give the CDN Target and Tim Hortons franchisees who are thinking of “lawyering up”?

February 4, 2015

Someone once called me franchising’s black swan.

Taleb Kahneman

In science, you need to understand the world; in business you need others to misunderstand it.

What does Nassim Nicholas Taleb define as a “sucker”:

The sucker’s trap is when you focus on what you know and what others don’t know, rather than the reverse.

Suckers think you cure greed with money, addiction with substances, expert problems with experts, banking with bankers. economics with economists, and debt crises with debt spending.

We favor the visible, the embedded, the personal, the narrated, and the tangible; we scorn the abstract. What they call “risk” I call opportunity; but what they call “low risk” opportunity I call a sucker problem.

I have no pecuniary interest in these schmozzles, only a few friends and their staff that I care about.

You are rich if and only if money you refuse tastes better than money you accept.


Business or real estate brokers’ role in franchising.

August 30, 2012

A clever animation that mentions Subway but is universal.

Spot on for the United States and fundamentally accurate for Canada and any other country.

  • Nice touch mentioning the veterans’ franchise program scams (VetFran).

See Little Caesars: Ist U.S. discount program Imported for Canadian military veteransJanuary 2009 post on FranchiseFool.com.

Cross posted on FranchiseBanker.ca.

 


The purpose of life is to be defeated by greater and greater things.

April 21, 2011

If franchising defeated you, that’s a very good thing.

Realizing that it’s all bound together, is an important very big defeat/win.

The birth of a distinct people is an isolating and troubling process.

How could we we forget those ancient myths that stand at the beginning of all races – the myths about dragons that at the last moment are transformed into princesses. Perhaps all the dragons in our lives are only princesses waiting for us to act, just once, with beauty and courage. Perhaps everything that frightens us is, in its deepest essence, something that wants our love.

So you must not be frightened if a sadness rises before you larger than any you have ever seen, if an anxiety like light and cloud shadows moves over your hands and everything that you do. You must realize that something has happened to you;  that life has not forgotten you; it holds you in its hand and will not let you fall. Why do you want to shut out of your life any uneasiness, any miseries, or any depressions? For after all, you do not know what work these conditions are doing inside you.

Rainer Maria Rilke


Abuse tests your definition of a friend

November 16, 2010

Franchising tests everyone’s values.

If trust gets shattered by a betrayal of, say,  +30 years of loyal service to a company, our belief in ourselves is shaken.

And sometimes irrevocably shattered.

Look to those that have gone down that road before. Help others and in that generosity, grace will heal you.

[Awful Library Books]


Restoring justice in franchising.

October 18, 2010

When one human right is violated, all human rights are violated.Upon reflection, many franchisees consider their experiences a violation of their fundamental human rights. While the most obvious one, the one always mentioned in even the weakest franchise law (right to associate) there are several others, principally, violations of the right to enjoy free speech.

If franchising is to “get back” there must be a technology that assists in recognizing and treating this violence. It’s called restorative justice.

South Africa developed one:

The Truth and Reconciliation Commission (TRC) was a court-like restorative justice body assembled in South Africa after the abolition of apartheid. Witnesses who were identified as victims of gross human rights violations were invited to give statements about their experiences, and some were selected for public hearings. Perpetrators of violence could also give testimony and request amnesty from both civil and criminal prosecution. Wikipedia

Canada is working on another for their indigenous peoples.

Franchisees are both a distinct and indigenous people. Ontario had a form of it at the public hearings that preceded the Arthur Wishart Act (Franchise Disclosure) in 2000.

  1. Check it out for yourself: of the 40 testimonies, former and honest franchisees speak one language, one experience, one emotion.
  2. For the individuals involved, March 6, 7, 8 & 9, 2000 were important dates in their lives because a threat to someone else’s liberty, is a threat to everyone’s. There are no bystanders in a rights war. Many of these are still in public service.
  3. I started collecting articles in preparation of these testimonies and from this need, WikiFranchise.org arose.

Statesmanship: A first step is the state acknowledging that systemic abuse happened and they themselves were a part of the problem. Not the individual politician or civil servant: but that, for their part, a predatory environment was tolerated and enabled that caused family violence to flourish in franchising. This is called leadership.

Public hearings may be an appropriate response.

audi alteram partem


The most technologically efficient machine that man has ever invented is the book.

June 8, 2010

…writers are not acts of God; they come out of specific communities and are the individual points where those communities have become articulate.

Northrop Frye 1912-1991


The destiny of the colored American … is the destiny of America.

June 6, 2010

Franchisees are distinct, with a proud and unique perspective.

More than twenty years of unswerving devotion to our common cause may give me some humble claim to be trusted at this momentous crisis. I will not argue. To do so implies hesitation and doubt, and you do not hesitate. You do not doubt.

The day dawns; the morning star is bright upon the horizon! The iron gate of our prison stands half open. One gallant rush from the North will fling it wide open, while four millions of our brothers and sisters shall march out into liberty. The chance is now given you to end in a day the bondage of centuries, and to rise in one bound from social degradation to the place of common equality with all other varieties of men. Men of Color, To Arms!

Frederick Douglass 1818-1895


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