Guidant Financial Group Blog

Because most employers do not allow their employees to rollover their 401(k) Plan before terminating employment, many of our 401(k) small business financing clients have already terminated employment well before they started their own business. However, for the few that do decide to keep working for at least awhile after their business starts up, quitting their 9-5 job is the final step between being an employee and being the business owner they have always wanted to be.

An article on Entrepreneur.com last week chronicled three entrepreneurs’ transition from employee to employer and the difficulties that accompanied it (see Leaving the Rat Race).

The common thread among the three stories is apparent: Although it can be a scary prospect to leave a steady paycheck, all three entrepreneurs were glad they made the switch.

We love hearing from our clients about their transition to entrepreneurship. Even though this can be an overwhelming time, you’d be hard pressed to find a Guidant client who wouldn’t do it over again in a heartbeat!