We all want to be the best at whatever we choose to do in life. From an early age, especially as Americans, we are told that we should always strive to do our best. We must work harder, learn faster, and push ourselves in directions and to places that others have not gone. Being the best is not necessarily about having the innate qualities that one needs to get ahead in a competition. Especially when it comes to our professional lives, being the best at something is a marathon, not a sprint. It takes years, often decades, to climb the corporate ladder and eventually find yourself in the top position that you’ve always dreamed about. What’s more, this is never something that any individual does on their own. Finding success in life is about pushing yourself beyond what you thought was possible, and also accepting the help and guidance of those smarter or more experienced than you.
For Dr. Maurice Roussety, enhancing business performance through expert advice is both his career and an academic interest. He holds an undergraduate degree from Monash University in Economics. A Masters of Business Administration and Masters of Leadership from the University of New England in New South Wales, as well as a Ph.D. in intellectual property and franchise-business valuation from Griffith University in Queensland. He created the Franchise Risk Imputation Model (FRIM), which establishes a framework based on two cornerstones: risk-free rate and total risk as measured by the sum of market specific and company specific risks. He has also written a PhD thesis titled “An Integrated Economic Model for the Evaluation of Franchise Systems – A Synthesis of Agency and Finance Theories.” Currently, he is working as a professional consultant, helping business to streamline their practices and helping them to generate better revenue in the modern business world.
According to Dr. Maurice Roussety, the best option that any individual can take on in the modern market is to get into franchising. As competition continues to grow, especially in the global market, it is important to have the help of a parent company that can guarantee the long-term success of your new business.
To Dr. Maurice Roussety, keeping ahead in the franchising stakes is about having the right professional advice. In Australia alone, franchises generate revenues in excess of $144 billion and directly employ more than 460,000 Australians through over a thousand franchise systems. This means they are not only a secure option for new business professionals; they are also an extremely lucrative one.