Description:

Recently, I have been searching for people who purchased a franchise after the age of 50, did not dip into their retirement accounts and were successful and happy for several years. There are ways to dip into your retirement accounts without paying taxes and penalties but I personally frown upon doing that. I have friends who did that and lost their entire retirement savings.

In 2017, Dennis Boyle purchased a SaleXeleration franchise which provides Vice President of Sales tools and programs for small to medium-sized firms, allowing them to outsource their sales and marketing leadership. He basically bought a consulting system with sales support for selling that system, and he personally delivers those services to his clients.

I have been looking for people who purchased a franchise after the age of 50, did not dip into their retirement accounts and were successful and happy for several years. There are ways to dip into your retirement accounts without paying taxes and penalties but I personally frown upon doing that. I have friends who did that and lost their entire retirement savings.

Later on, I have one other person who bought a similar type of franchise 10 years ago that I want to bring onto the podcast.

Here is Dennis’s bio:

Dennis Boyle has over 25 years of experience with large corporations such as E.I. Dupont, Dade Behring and Siemens AG as well as startup companies such as Exalenz Bioscience and MedTest Dx.  Mr. Boyle's experience includes both sales and marketing and he has held multiple Senior Executive roles in Business Development, Corporate Accounts, Strategic Management, Corporate/Commercial Training and Development, Private Equity, and Operations.  In his last role, Mr. Boyle served as President of Spectra 254.

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