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Getting Back to the Future - Experts Help Entrepreneurs Manage Their Personal Finances

Released on = April 24, 2007, 1:57 pm

Press Release Author = Evan Carmichael & Associates

Industry = Small Business

Press Release Summary = April 24, 2007 (Toronto, CA) -- It's a familiar story:
entrepreneur makes good in business but his personal world comes crashing down
around him. We have seen it happen before to everyone from Donald Trump on down.
When it comes to running their businesses, entrepreneurs tend to do whatever it
takes to succeed. From working 23-hour days to practically mortgaging their souls,
small business owners know no limits to the time and energy they are willing to
invest in their companies.

Press Release Body = April 24, 2007 (Toronto, CA) -- It's a familiar story:
entrepreneur makes good in business but his personal world comes crashing down
around him. We have seen it happen before to everyone from Donald Trump on down.
When it comes to running their businesses, entrepreneurs tend to do whatever it
takes to succeed. From working 23-hour days to practically mortgaging their souls,
small business owners know no limits to the time and energy they are willing to
invest in their companies.

But what about their personal lives? Do entrepreneurs put the same amount of thought
and planning into their personal financial situations? Are they actively preparing
for retirement? Do they know just how exactly they will pay off that home mortgage?
Or how much money they should save versus reinvest in their company?
Entrepreneurship expert Evan Carmichael says, for the most part, no.

"The amount of dedication and drive most entrepreneurs put into their business is
admirable," says Carmichael. "But, it often comes at the cost of their own personal
financial freedom. Entrepreneurs get so caught up with running their businesses that
they forget to run the rest of their lives."

As the saying goes, it's not personal, it's business. However, Carmichael warns that
without adequate attention paid to the personal side of things, so too could the
business suffer. It is to this end that Carmichael has launched a new, free online
resource at
Web Site = http://www.evancarmichael.com

Contact Details = Evan Carmichael & Associates
http://www.evancarmichael.com

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