Being an entrepreneur is a lot more demanding — both physically and mentally — than most people think. The majority of entrepreneurs work far more than 40 hours a week, and most don’t make nearly as much money as they would if they were working a corporate job in a comparable field.
Entrepreneurs are also responsible for all of their financial obligations outside of the business, including insurance, savings and retirement. While it can be easy to remain laser-focused on your business, it’s important to look to the future and plan accordingly.
Eventually, retirement will face you head-on, and if you aren’t prepared, it could be a rude awakening.
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