They often have the false impression that their business will be their retirement.

In a business with zero income until liquidation, what are your resources? What are your abilities to borrow? Without that, you'll never make it.

In our business, Shirley and I don't have a retirement fund to count on in our later years. We're both hoping that the royalties we get will help support us after we retire.

It's too good to pass up.

You now have to make 100 percent to get even.

(A lot of self-employed people) don't make the effort to set up the right plan and to fully fund it.