Tyson Murphy knew it was time to make his move. The 36-year-old former mortgage broker from Las Cruces, N.M., embarked on a career change, moved his family to Texas and opened a Home Instead Senior Care? office in August 2011 in the midst of a lackluster economy.
Murphy is part of a national trend: A projected 21 million Americans will change jobs in 2012, according to Harris Interactive and Cornerstone OnDemand. Like many other Americans, Murphy knew he had to be proactive because a lagging economy had changed the outlook of his career in the mortgage industry.
?There obviously has been a downturn in the mortgage industry,?? he said, ?although it wasn?t as bad in Las Cruces as it has been in other parts of the nation. There is a lot of uncertainty in the mortgage industry because of regulation and the economy. Home Instead was a great franchise opportunity. I didn?t want to look five years down the line and say, ?I wish I had done that.??
Murphy, who was born in Midland, Texas, had calculated that the rewards would outweigh the risks before he jumped into a completely new career with a franchise start-up in Temple, Texas, 130 miles from Dallas-Fort Worth. His father had worked for the Home Instead Senior Care franchise in Las Cruces. ?I could see that for my father, it was personally rewarding,?? Murphy said. ?And senior care is a very viable industry. It is one of the few that are growing in this economy.??
The International Franchising Association has projected a 1.9 percent increase in franchise establishments in 2012 and lists the Home Instead Senior Care network as one of its 12 premium franchise systems under $ 50,000.
Tim Connelly, director of North America Franchise Development for Home Instead, Inc., said that new franchise owners who are making career shifts ? such as Murphy ? bring many valuable skills to the home care franchising field, including fresh perspectives, eagerness to succeed, great organizational skills and the ability to get people to work together. ?First of all, it?s clear that compassion and kindness shine through with people such as Tyson. He?s exactly what this profession is looking for ? someone with a passion for seniors and a ?people-person? who has an outstanding skill set developed from a career in which he previously had excelled.?
So how have things gone for Murphy so far? ?It has more highs than lows. We?ve been working hard, and we have been welcomed with open arms,?? Murphy said. ?There are tremendous needs here, and we?ve benefited from Home Instead?s relationships and reputation in this part of Texas as a result of the great franchise owners near our territory."
?I think we have hit a home run with Home Instead. There?s a lot of work to do, but the potential for development is so good. It is trending upward. There are good clients here, and I?m looking forward to continuing the legacy of Home Instead.??
For information about senior care business opportunities, register for a one-hour Home Instead Senior Care Franchise Opportunities web seminar. The next web seminar is scheduled for Feb. 8, 2012, at 1 p.m. Eastern Time.
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