I have been a life long entrepreneur and fortunately have only had to submit a couple of resumes in my life.

One of my friends, also an entrepreneur that owns several businesses, is currently rehabbing a plane.  

@Guy Gimenez is one of the most giving investor/entrepreneurs in Austin.

Goal is to try and collect atleast $1M a month before I hit my 30s.A little about me, I'm a college dropout entrepreneur in my 20s earning low 7 figures a year working 7 days a week 18+ hours a day.

The following are the factors that, in my experience, are most likely to lead an entrepreneur to form a corporation rather than an LLC:An expectation that outside funding will be sought, especially from institutional investors (venture capitalists, in particular, tend to invest only in corporations).

But 'simple' in no way means 'easy'.There are many hundreds of ways for a hard-working entrepreneur to go into business for him or herself.

The other a serial entrepreneur who ran the largest wine concern in the US and took it public.One owned everything in cash period and had no debt the serial entrepreneur had all sorts of deals going and believed in debt and financing but that I am sure because of his background running public companies.In our business we borrowed from banks ( credit facilities) to loan to those that needed MHL's and we made the spread which as you know is pretty nice, but even those facilities required us to have 20% of our own capital in each loan.So the capital structure of each HML I made was our strip of capital ( cash) at 20% banks at 80% but with the bank never being more than 56% of appraised value. if the loans were higher LTV we needed more cash.So at the end of the day I think it depends on what your doing how big you are and of course your deal flow..As I move forward loaning money I require CASH into each deal I do with very few exceptions.So combination of cash and OPM seems to be the right formula..

I'm with Jean - never occurred to me to be an entrepreneur until my 30's - darn it!!

Manage your money well, be an entrepreneur, pray, tithe, share.

a) The unemployed.b) People who need a job.c) Businesses and entrepreneurs.4.