ROBS Explained, Using Your 401(k) to Start a Business with Adam from Benetrends | Freedom Friday

Welcome back to Freedom Friday on the Journey to Business Ownership podcast!

In this episode, Patrice Miles sits down with Adam Robinson of Benetrends to break down one of the most misunderstood funding strategies in entrepreneurship: ROBS (Rollover for Business Startups).

If you’ve ever wondered whether you can use retirement funds to start a business—without penalties or early withdrawal taxes—this episode is for you. Adam explains exactly how ROBS works, who it’s best for, common misconceptions, costs, timelines, and how it can be combined with other funding options like SBA loans.

In this episode, we cover:
-What ROBS (Rollover for Business Startups) really is
-Why ROBS is IRS-approved and how long it’s been around
-The biggest misconceptions about using retirement funds
-Step-by-step: how the ROBS process works
-Why a C-Corporation is required
-What retirement accounts qualify (and which do not)
-Minimum balance requirements
-Costs, timelines, and ongoing compliance
-ROBS vs. SBA loans — and when a hybrid approach makes sense
-How to buy back shares and put money back into retirement
-Key questions to ask before choosing a funding strategy

Adam also shares why education early in the process is critical, and how understanding your funding options can dramatically reduce stress when you’re ready to move forward.

About Benetrends

Benetrends is a leading business funding provider and the original architect of the ROBS funding strategy, with over 40 years of experience helping entrepreneurs fund businesses using retirement funds, SBA loans, unsecured lending, and more—while staying compliant every step of the way.

Ready to explore what business ownership could look like for YOU?

🌐 https://journeytobusinessownership.com
🔗 Connect on LinkedIn:   / patricemiles  

If this episode helped clarify your funding options, please like, subscribe, and share it with someone who’s exploring entrepreneurship.
Freedom isn’t just a dream — it’s a choice.

#FreedomFriday #JourneyToBusinessOwnership #ROBS #BusinessFunding #Entrepreneurship #401kRollover #BusinessOwnership #SBALoans #CareerChange #FundingYourBusiness

ROBS Explained, Using Your 401(k) to Start a Business with Adam from Benetrends | Freedom Friday