START A BUSINESS, BUY A BUSINESS WITH YOUR PENSION OR 401(k)

Some entrepreneurs are financing a business start-up or business purchase by taking an early distribution from their pension plan or 401(k). However savvy entrepreneurs are doing a rollover of their pension plan into a self-directed 401(k) and end up with almost twice the amount of after tax cash to invest in their business. But remember, [...]

START A BUSINESS WITH NO CASH - OUTSOURCE EVERYTHING

Most people believe they need a mountain of cash to start a business. Not true. You can start your own business with little or no cash of your own. How? Go virtual. That means outsource everything. Here's an example of how it works and how you can do it for yourself. Someone called me a [...]

USE SWEAT CAPITAL TO START OR BUY A BUSINESS WITH NO CASH

Here is a great example of how to be self-employed by using "Sweat Capital" or "Sweat Equity" to quickly propel yourself into ownership of your own successful business with no cash. Several years ago I was visiting a friend when his 34 year old wanna be self-employed son also stopped by to visit. Let’s call [...]

JOBS - A MUST SEE MOVIE FOR ENTREPRENEURS

“Jobs” – a movie portrait of the man behind Apple Computer - has some outstanding messages for budding entrepreneurs or virtually anyone who wants to build their own successful business.   In addition to some great inspirational quotes, here are some of the insights you will see powerfully displayed – the necessity of vision, the [...]