So for those of you who have at least two irons in the fire so to speak, I thought it may be nice to write an article about building a business while being a full time employee for another company.

In many if not all cases, the budding entrepreneur has to start his or her business on a part-time basis, keeping the day job if you will, until their new enterprise is capable of generating enough long-term, stable income to allow them to leave the J-O-B and focus on the development of their business. This can be a very tricky task, as there are always two areas that these individuals must focus on during a large percentage of their waking hours.

So... how do they stay motivated, focused on both tasks and keep their performance in both areas where they should be in order to excel?

Try using one to feed the other. In other words, if throughout the course of any given day, you find yourself not hitting on all cylinders at your day job; use your passion and desire that you have to make your own business a success as a means to get you going and push you through a rough patch.

As an example, let's say that you have a project at work that you need to get finished up by the end of the week. It's Monday morning and you just don't feel like you have enough gas in your tank to put your best work product together and get it out by Friday. Take a moment to pull back and think about doing your own thing, in your own business, and how great it's going to be when you finally reach that point of success that you have always DREAMED about! Get that feeling of excitement running through your body (all you entrepreneurs out there know what I'm talking about), now take those feeling of excitement, enthusiasm, and positive thinking and apply them to your task at hand! Focus on that project that you are working on that needs to be finished up by the end of the week and get to work!

Tell yourself that not only are you building a huge business on your own time, but that you are also helping your current employer set themselves apart from the competition at work. That you're a great entrepreneur (even if your just starting out, say it anyway), and an incredible employee that your company is lucky to have - and you're going to prove it by being one of the best at your given task! You're the best (insert here) there is, you're getting better every day, adding value to everything you touch, and success in any endeavor is just around the corner!

The reason I titled this article dueling banjos was because this was the first thing that came to mind when I first used this technique many years ago myself. So for those of you who are un-familiar with "dueling banjos"; one person plays a tune, then the other person plays a tune a little faster, then the first person plays the tune a little faster still, thus they duel it out to see who can play the tune the fastest. So, you can build a great business, but can you be a great employee? So you're the best employee ever, but can you carry that over to the building of your own business? OF COURSE YOU CAN! With a little practice, you'll have your energy for one, fueling the other and vice versa.

I am willing to bet that if you try using this technique and learn how to master it by using your passion for another area of your life, in this case, growing your own business to make you better in another area, your day job - you will find new energy, focus and creativeness that was not there before.

So stay focused on the big picture, give your employer the best you can and when it's time to dedicate yourself to your business, do it will passion and excitement!

Children disinherited, bankruptcy, unforeseen tax or other financial upheaval. What could cause this, so much distress?

Divorce. Besides being one of the most stressful times in life emotionally, divorce is a transition that is fraught with financial pitfalls that can easily catch the unwary. Many times, assets and income are in a way that a just seems to be designed today, but it can lead to extreme hardship in just a few years.

Let's look at just a few commonErrors in case of divorce and see what will be done to prevent it. I'm going to 'is man "and" woman "in the role I see the most, but certainly these roles are often reversed.

Most divorces relate to two or three large fortune, family, pensions, and perhaps the family business. But distribution of these assets is anything but simple. It is for the woman to keep the house together, and the equity, while the man is the equivalent in thePension Plan or business.This sometimes leads to financial ruin for the woman, and the reason is very simple. While she was a plant at home is the feeling of security it provides and the equity is to have the house, it does not provide cash flow, and therein lies the problem.

If the woman gets the house, what happens when the alimony or child ends? Where does the money come from to finance their lifestyle? Unfortunately, this is a valuable asset left is theHouse, and she is often forced to either sell or refinance. And then what? It is a decline in net worth from the left, perhaps not appreciated assets and the potential for large tax on the sale. Once the shares will be issued out of the house, what's she doing? How many people have many women enormous capacity for work, but it is a common experience this real world. If the spouse that the house always several years have been projected, they can see that the maintenance of the housecould provide some short-term comfort, but ultimately lead to financial ruin.

Pensions also present a great opportunity for error. In one case the man received a statement issued by his employer confirming that its pension plan was valued at $ 92,000. The woman had a pension plan from their employer reflecting a value of $ 93,500. Simple enough, she holds her, he keeps his, and everyone is happy, right?

Unfortunately he did not understand that the $ 92,000 representedwhat he would receive if he quit or to withdraw now. If he stuck to his work until retirement age, his real advantage would pay an income based on a percentage of final average. It was difficult not to be sneaky, do not understand it easily. The current value of its future stream of income? Testified Certified Divorce Financial Analyst working with the family law attorney that the plan was the present value of $ 340,000. On the basis of this statement, the judge required him tothey pay $ 1500 per month for 15 years. Do you think they would have been unhappy this subtle nuance was missed?

These are just two of the most common number and variety of financial errors in divorce. Measured by the number of questions my office receives about this issue, financial planning in divorce is a very hot topic, and potentially devastating financially. Enter consider this carefully.

Kevin Bourke is a registered principal with, and offers securities through access to,LPL Financial, member FINRA / SIPC