Too old to get rich? No way, if you follow these 7 tips for starting a business

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Too old to get rich? No way, if you follow these 7 tips for starting a business investinyou (In partnership with acorns.)

Hannon says you need to start with a deep dive into your soul: "a solid MRI of your own passion and personality, talents and inner drive to start a business.""Most people who did it say it's more work than they imagined," Hannon said. They also say they wish they'd started sooner.Among other reasons, it's hard to get back into the traditional workplace after age 50 if you were forced out. Starting your own business puts you back in the driver's seat.

Next, you likely have the financial cushion to help you begin. "Most people who start are self-funded," Hannon said. "It's really critical to have that support underneath you."career transitions and retirement expert One critical financial warning: Do not tap your retirement funds.That should be the absolute last resource you turn to fund a business., a partner of the Small Business Administration. This organization provides free business mentoring and education for those looking for experienced help from experienced entrepreneurs.

 

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acorns Maybe the hosts should do less reading and actually look at the guests and engage w them?

acorns I thought you people hated those who work hard and are successful?

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