7 Golden Rules On Investment For Entrepreneurs


Bangalore: Focusing on long-term growth, most of the financial experts wish to build a diversified investment portfolio. Unfortunately, those types of investment strategies hardly apply to entrepreneurs and owners of private businesses, especially high-growth businesses.

The concentrated investment in a risky but a highly attractive company means that the overall investment portfolio of entrepreneurs is slightly different than the average investor. As compiled by Karl Stark and Bill Stewart for Inc., the perspective of business as retirement strategy emphasizes the importance of building a plan distinctively for profile and entrepreneurial opportunities.

Have a look at the seven personal investment principles that should be kept in mind while expanding your job into business.

#7 Create “no touch” portfolio

While investing in stocks, bonds and mutual funds, keep them out of reach by building “no touch” portfolio in accounts that you hardly access. Hence, even if your business is struggling, it will reduce your temptation to dig into long-term investments in order to address a short-term need for cash infusion. Furthermore, more security can be enhanced by stacking your retirement accounts and your kids’ education accounts.

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