Mar 21 2025 49 mins
In this episode of Legacy Connect, host Travis "T-Rev" Carter welcomes Parnell Woodard, a leadership coach who guides corporate professionals toward successful business ownership. Parnell discusses lessons from building three successful companies, explaining why franchising provides structure and support that starting from scratch doesn't offer. The conversation tackles the myth that entrepreneurial success requires sacrificing work-life balance, as Parnell emphasizes that round-the-clock work isn't necessary for building wealth through business ownership. Listeners gain practical strategies for evaluating opportunities based on income goals, lifestyle preferences, and wealth-building plans. Parnell's straightforward advice about taking that first step toward entrepreneurship makes this episode valuable for anyone seeking financial independence and career fulfillment, regardless of whether they're considering a franchise, starting something new, or buying an existing business.