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Business Decision Making, Second Edition, 2nd Edition
book

Business Decision Making, Second Edition, 2nd Edition

by Dr. Milan Frankl
January 2019
Beginner content levelBeginner
158 pages
3h 7m
English
Business Expert Press
Content preview from Business Decision Making, Second Edition, 2nd Edition

CHAPTER 23

Freedom 55: Myth or Reality?

Vignette: When I Turned 55

When I turned 55, my wife handed me a 1-million-dollar bill (fake of course). “This is to celebrate your first million in sales after only 1 year in business,” she said. Indeed, my newly acquired company was thriving; growth was promising, reflected with a steady increase in sales by aiming at new markets in Europe and Asia. A promising future ahead. Finally, I would be able to retire soon after my first IPO.

The result was not necessarily as expected. My company was acquired by an American competitor the next year. Not liking “doing nothing,” I soon invested the proceeds of the sale in another venture.

I was among those fortunate to be in this position.

Why Is the Retirement ...

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Publisher Resources

ISBN: 9781948976381