At 18, I ran home yelling, 'We're rich!' My dad quickly proved me wrong.

Charles Bonfiglio with his family.Courtesy of Charles BonfiglioCharles Bonfiglio didn't have the money to fill his first big order for his clothing line.Later, his father told him franchising was the path of least resistance in business.After decades of franchising, Bonfiglio acquired a company and became a franchisor.This as-told-to essay is based on a conversation with Charles Bonfiglio, CEO of Tint World. It has been edited for length and clarity.I was only 18 when I walked into the family ho