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Press Release Category Business - Financial - Evan Carmichael & Associates Release Date: April 24, 2007

Getting Back to the Future

By Evan Carmichael & Associates
April 24, 2007
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Experts Help Entrepreneurs Manage Their Personal Finances

PR9.NET April 24, 2007 - Toronto, CA - It's a familiar story: entrepreneur makes good in business but his personal world comes crashing down around him. We have seen it happen before to everyone from Donald Trump on down. When it comes to running their businesses, entrepreneurs tend to do whatever it takes to succeed. From working 23-hour days to practically mortgaging their souls, small business owners know no limits to the time and energy they are willing to invest in their companies.

But what about their personal lives? Do entrepreneurs put the same amount of thought and planning into their personal financial situations? Are they actively preparing for retirement? Do they know just how exactly they will pay off that home mortgage? Or how much money they should save versus reinvest in their company? Entrepreneurship expert Evan Carmichael says, for the most part, no.

"The amount of dedication and drive most entrepreneurs put into their business is admirable," says Carmichael. "But, it often comes at the cost of their own personal financial freedom. Entrepreneurs get so caught up with running their businesses that they forget to run the rest of their lives."

As the saying goes, it's not personal, it's business. However, Carmichael warns that without adequate attention paid to the personal side of things, so too could the business suffer. It is to this end that Carmichael has launched a new, free online resource at to help entrepreneurs better manager their own personal finances. By making available 24-hours a day industry experts who offer their advice and lessons learned, the new resource is meant to be a one-stop invaluable resource for entrepreneurs in planning for their personal financial security.

At, authorities in the field of personal finance address crucial issues that cover everything from pensions to home and commercial mortgages. "Whereas most resources help entrepreneurs run their businesses, this site is here to help entrepreneurs better manage their own personal money," says Carmichael. "Our experts, with decades of combined experience are here to help ensure entrepreneurs can have financial freedom outside of their companies."

How much money should you take out of your business? How much insurance do you need? How can you pay off your home mortgage by the time you are 60? How can you plan now to enjoy a secure future later? These are all questions that entrepreneurs can have answered by those in the know at

"Entrepreneurs tend to be very proud about their businesses, and so they should be for all it takes to start them up," says Carmichael. "But they should know that there is nothing wrong with seeking help in managing their own personal finances. We can't all be experts at everything, and this new resource is meant to help fill in the gaps."

At, personal finance experts are eager to share their stories of success with fellow entrepreneurs. "Don't let their knowledge go to waste," says Carmichael. "Entrepreneurs should visit today to ensure their tomorrow is well taken care of."

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About Evan Carmichael & Associates

Evan is an entrepreneur and international speaker. At the age of 19, he became an owner and Chief Operating Officer in Redasoft, a biotechnology software company. The company quickly grew to over 300 organizations as clients, including NASA and Johnson & Johnson, in 30 countries. He started Evan Carmichael & Associates with the goal to give entrepreneurs the Inspiration to follow their passion and the strategies they need to succeed. Evan has delivered over 100 keynote presentations to entrepreneurs in North America, Europe, and Asia. He has been interviewed by newspapers, radio stations, and television stations including The Globe and Mail, CHUM FM, CityTV, Global TV, OMNI TV, Enterprise, and the Toronto Sun. Evan's website,, is the world's #1 website for small business inspiration and strategies.

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