A fool and his (or her) money often part ways

You’ve heard the saying: “A fool and his (or her) money often part ways.”

No one knows this more than athletes and celebrities. Careers like those have a fickle nature, whether it be because of injury or a single flop.

Many a sports or major movie or television star has lost it all because they didn’t properly plan for their post-sports or movie career. As a result, investing in franchise opportunities has become a growing trend among the already rich and famous.

And yet, celebrities aren’t the only people that can ensure their future financial success through franchising. You can too! If you’ve got the drive and are willing to put the necessary time and money into reaching for the franchising stars, you can do it just as well as any major celebrity or sports figure.

So, who are some of the big names who have made the smart move into franchising?

Phil Mickelson – Golfer
Phil Mickelson, everybody’s favorite lefty on the course, sure loves his burgers and fries. That’s why he invested in Five Guys Burgers & Fries franchises in Orange County, California. His opinion may be a bit biased, but he says Five Guys makes the best hamburger he’s ever had.

Peyton Manning – Football Player (Retired)
Did you know that Papa John’s is the official pizza of the NFL? While you’ve likely seen him advertising for the chain in television commercials, he also owns 21 Papa John’s franchises in and around the Denver Metropolitan area.

Jimmy Buffet (Singer/Songwriter)
That’s right, one of America’s most well-known crooners first started out opening his own chains under the Margaritaville and Cheeseburger in Paradise brands. But then, not to be outdone by himself, Buffet went on to purchase the rights to open every Krispy Kreme outlet in Palm Beach.

Of course, these examples of celebrities and sports figures ensuring they have a lucrative investment to fall back on after retirement is just an example of smart people making a smart move. After all, only a fool is divorced from his or her money.