Posted on Sat, 10/15/2011 - 09:19 PM by
viewed 69 times

 

Let me rephrase that; James is a really frustrated downsized middle manager. And, you’re going to get to meet him.

 

In my franchise book.

 

After receiving his Business Degree at The University of Chicago Booth School of Business in 1990, James scored a nice management position. He proved to be an excellent employee-and a quick learner. That made it easier for him to quickly move up the company ladder.

He married his college sweetheart, bought a cute little houses in suburban Chicago (complete with a white picket fence) and settled down. A couple of years later, he and Marcia (his wife) had their first child, and a year later, their second.

 

A Corporate Guy

 

James easily fit in the corporate structure, no matter where he worked. (I’ve included a subtle hint of what was to come for James in that sentence. It may be time for you to look through those boxes in your basement–for your Secret Decoder Ring.)

Gradually, James was given more and more responsibility, including the added stress that goes along with it. James was up for it though; his increasingly larger paychecks were making it pretty palatable.

Back at home, things were going pretty well, even if they were a little cramped; their 3-bedroom home didn’t have a lot of extra room for storage etc, so they put it up for sale, and bought a larger home, less than a mile away

 

Then

 

Of course, you know what happened right after James and his family moved into their new house, and paid their first new (and much larger) mortgage payment.

Right?

 

More to come.

 

Please pre-order my new book, below.

 

Become a Franchise Owner!: The Start-Up Guide to Lowering Risk, Making Money, and Owning What you Do

 

And follow @Franchise_Books on Twitter

 

 

Have you ever been downsized? Did anything positive come from it?

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