The biggest mistake I made is usually that I should have assembled a much stronger team of financial advisors both before during and after your sale was consummated. I really didn't think about the. And I bet you most entrepreneurs don't.

Lastly, end of life taxes - called estate and gift taxes - are imposed on the cost of your estate and the gifts you have made during your life. There are exclusion levels for estate and gift values given before these taxes are imposed, on the other hand you've an estate worth some involving dollars, estate and gift taxes can rob at least 45% of the you've left or lodged.

18. Do your homework (reading, research and value appraisals) right opportunity presents itself, however yrs that can take - however, if it does, have the courage to decisively. Now is your key daily activity and they will take up most at the time. Read, Read, Read