For some twentysomethings, getting ahead is not about sitting still for a better job or the next raise. It’s about unrestrained ambition. In a corporate workplace, or any institutional meritocracy, people rise largely based on their experience. But experience isn’t something that someone under 30 can really claim, without raised eyebrows and evidence of some prodigal childhood enterprise. For twentysomething entrepreneurs with energy, drive and an impetuous attitude, impatience is their virtue.”

“The surest way to reduce your taxes is to convert personal expenditures into allowable deductions. Turn even a hobby into a business and you’ll cut your tax bill.”