Two-time best-selling author Mike Conlon, aka “The Main Street Millionaire,” counters a Gallup Business Journal article that blames excessive student loans for preventing college kids from starting new businesses, saying that an entrepreneur is unstoppable.
Cary, NC – November 9, 2015 – Mike Conlon, President and CEO of Affordable Communities Group, LLC (http://www.acgmhc.com) aka the “Main Street Millionaire” has posted a new article on his website entitled, “Nothing Holds an Entrepreneur Back, Especially Not Student Debt.” Challenges are what entrepreneurs feed on and Mike Conlon knows all about that.
Conlon writes, “From one entrepreneur to all of the tens of thousands of prospective entrepreneurs coming out of college, I know student debt will not prevent you from your entrepreneurial dreams.” He continues adding, “ In a recent Gallup Business Journal article I read that, “ The majority of all new jobs in the U.S. are created by startups and small and medium-sized businesses — and that entrepreneurial engine has slowed down considerably.”
As Conlon goes on to say, “The author of the Gallup Business Journal piece, Brandon Busteed, may not understand the true nature of entrepreneurs because he claims, “the country can’t look to people coming out of college to reverse this trend because too many of them are strapped by student loan debt.” He continues with the following, “Results of the 2015 Gallup-Purdue Index — a study of more than 30,000 college graduates in the U.S. — provide a worrisome picture of the relationship between student loan debt and the likelihood of graduates starting their own businesses.”
Conlon reminds readers of the way most entrepreneurs work. He states, “We all know that real entrepreneurs tend to drop out of college because they have big ideas and dreams and they know how to get things done. For instance, look at Bill Gates, Steve Jobs and Mark Zukerberg just to name a few.”
Citing a number of other reasons that could be accountable for the downturn in new businesses, Conlon also offers the following, “This country suffered a major recession during those years. Nonetheless that did not stop the entrepreneurs. And a little student debt sure won’t turn an entrepreneur into a non-entrepreneur!”
The entire article can be read at http://www.mainstreetmillionaire.com/nothing-holds-an-entrepreneur-back-especially-not-student-debt/
About Mike Conlon:
Mike Conlon, aka the Main Street Millionaire, provides his audience with an unconventional, no-B.S.-insight on the investment and entrepreneur arenas based on his 15+ years of street-wise investment success that has made him a multi-millionaire.
Mike is President and majority owner of Affordable Communities Group (ACG), LLC based in Cary, NC, which currently owns 25 manufactured home communities (3,000+ spaces) in North Carolina, Alabama, Maryland, Indiana, Illinois and Ohio. Mike has bought, rehabbed, and subsequently sold 15 multi-family deals resulting in over $70 million of proceeds since 2002. In the 1990’s, Mike grew a financial planning broker-dealer from $1.2 million in gross revenue to over $40 million in five years and sold it to a large national insurance company. Mike also owned a financial planning practice that he grew to over $100 million in assets before selling in 2002. Mike received his law degree from the U. of Minnesota in 1990.
Mike just published his first book called Unconventional Wealth: The New Main $treet Millionaires, which is available on Amazon.com. He has become a mentor and educator to numerous small business owners and real estate investors throughout the country. Mike can be reached at firstname.lastname@example.org