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The Overlooked Money Moves That Help Entrepreneurs Build Long-Term Wealth

Entrepreneur.com

You should pay yourself a regular salary or draw, regardless of how modest it is. Save for retirement even without a 401(k) Since most entrepreneurs lack access to employer-sponsored retirement plans, they neglect retirement planning. Do you want to reach financial freedom, retire early, or plan your legacy?

Finance 140
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How to Break Up with Your Business Partner

Success

CEO Company: Security Investment Partners , an investment management firm in San Diego Reason for Breakup: Disagreement over partner’s retirement date Winning Strategy: The partner eventually left with a clean break and joined another firm, keeping the friendship intact. “You cannot put monetary value on peace of mind.”. David MacVean.

UPS 264
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The Biggest Financial Mistakes to Avoid in Your 20s

Success

Soaring food prices: grocery prices have increased by 25% over the past four years. In the long run, this ignorance is bliss mentality only leads to more problems, whether it’s mounting credit card debt or puny retirement funds. He says, at least initially, 20-somethings’ goals shouldn’t be top-tier salaries.

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This Former Tech Executive Was Ready to Retire. Then an Obscure Molecule Gave Him a New Mission.

Entrepreneur.com

Entrepreneur® and its related marks are registered trademarks of Entrepreneur Media LLC Home Home Breadcrumb Arrow Living Breadcrumb Arrow Health & Wellness This Former Tech Executive Was Ready to Retire. Then an Obscure Molecule Gave Him a New Mission. But something felt off. "I I hated it," he says. "I None of it lit me up."

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The Biggest Financial Mistakes to Avoid in Your 20s

Success

Soaring food prices: grocery prices have increased by 25% over the past four years. In the long run, this ignorance is bliss mentality only leads to more problems, whether it’s mounting credit card debt or puny retirement funds. He says, at least initially, 20-somethings’ goals shouldn’t be top-tier salaries.

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New Small Business Startup Idea: Virtual Import/Export Assistant.

The Small Business Blog

But remember you are working with small business and start-up business, like SOHO-, SME, SMB-, Micro-, Lifestyle-, Home-, DIY-, Hobby-, Boomer- or Personal business, like professional, contractors, freelancer, self-employed, sole-trader and virtual assistants , you need to keep the price low for them. I am not her only employer though.

2007 180
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5 Long-Term Financial Goals and How to Achieve Them

Success

Save for retirement Expected time: 10-35 years Account types: Retirement plans including IRAs, 401(k)s and pensions Planning for retirement is one of the most common long-term financial goals. Most people enter the workforce with over 30 years until retirement, so the sooner you can start saving, the more wealth you can build.

Goals 289