Use Your 401(k) to Start Your Entrepreneurial Way

Radio host Hugh Hewitt recently came back from a summer cruise with a rather novel idea: the federal government allow 401(k) holders to withdraw their accounts at no 10% penalty to start businesses. We happen think this is a rather cool idea, and would unlock trillions in investment capital that’s sitting on the sidelines or in the stock or bond markets and not doing much.
Now, before you all rush out and do this, a couple of cautions:
1. Take our entrepreneurial test to see if you’re even cut out for the entrepreneurial life, and if so, what kind.
2. The results of the test should show you what kind of business you should do, from your own idea to a franchise or license. We have courses to evaluate franchises, although in our experience, the franchisors generally do a decent job of evaluating your prospects; the FDD forces them to.
2. The next question is taking our idea evaluation course to see if your idea cash flows, or you might be better off dong what you’re doing. We also have courses in cash flow and budgeting and getting your dream open. All in all, our courses raise your success rate to about 80%, if you do everything the courses tell you to.
4. Hang in there with our payment system; it will be back up; we discovered a problem in transferring the ownership to The Solutions Forum, but we are fixing it. At the moment, you have to buy courses through the Solutions Forum website, and we send you e-coupons for the courses. Not ideal, but it works. We’ll make the payment system ideal in the next few weeks.

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5 Responses to Use Your 401(k) to Start Your Entrepreneurial Way

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