Dip into Personal Accounts

Funding with Personal Assets from The Startup Garage
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There are already accounts in your life that are accumulating money that could be used toward investment in your business. Although it is usually frowned upon to touch these accounts, the money in your 401k, IRA, Securities, SEP, and life insurance policies are still yours and can be taken out if needed.

We recommend that before touching any of these special accounts, that you consult a professional. This can be your lawyer, accountant, tax or bank advisor. They will help you to decide which accounts to dip into to avoid the largest penalties or consequences and help set you up on a financial path that helps finance your new business.

Whether you have a question about Personal Accounts, or you’d like to discuss our business plan writing services, feel free to contact us for a free consultation!
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About Tyler Jensen

I work with entrepreneurs who are looking to attract investment and get out of the "Garage". I am passionate about helping entrepreneurs start companies that matter. I helped launch over 100 Companies, Non-Profits and Social Enterprises. I consider myself a serial entrepreneur, startup coach & trusted advisor. * Launching New Companies (For Profit, Non-Profit and Social Enterprise) * Expert Business Plan Writer * Extensive Network of Business Relationships focused on Launch & Rapid Growth of New Companies * Startup, Growth, Marketing, Technology, Web, Business Systems * Trusted Advisor to CEO’s & Entrepreneurs * Capital Raising Strategy Development * Startup Team Development The first company I started and sold is VAVi Sport & Social Club which grew to over 25,000 members in six years, was recognized as San Diego’s 30th fastest growing private company in 2006 by the San Diego Business Journal and 32nd fastest in 2007, and sold for over 25X the capital investment.