Use your retirement funds to finance your own business.
SUCCESS STORY: DRY FLY DISTILLING
A Shot at Fame, Fortune, and More Time Fishing
The ability to use the capital out of our 401(k)s without paying a penalty, creating massive amounts of debt, or bringing on lots of investors allowed us to start the business without being beholden to anyone other than ourselves. ~ Don Poffenroth, iFinance Client
Take two guys suffering from corporate burnout. Add a splash of verve. A twist on traditional financing. Shake well. And you get Dry Fly Distilling, one of Guidant's favorite success stories.
What's not to love about leaving a six-figure salary and taking a 70% cut in pay to make booze? Well, the wives of entrepreneurs Don Poffenroth and Kent Fleischmann may have a few words to say about that, but it all has a happy ending.
Their first whiskey release sold out in 90 minutes. And after just three years, Dry Fly products were available in 18 states and three countries...Keep Reading
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