Resist the trappings of success to keep business going and growing

08/22/2011 | Huffington Post, The

The trappings of success can often lead small-business owners to overextend themselves, and that can lead to disaster, writes Don McNay, who says he learned that lesson the hard way. Finding himself near bankruptcy after a successful stint as a broker, McNay said he "doubled down" and went back to the basics of his business. He decided financial independence was more important than fancy cars and a house. He rebuilt his business and now lives below his means.

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