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From Humble Beginnings to Entrepreneurial Success in E-Commerce; Jonathon Jonas, Decent Startup show art From Humble Beginnings to Entrepreneurial Success in E-Commerce; Jonathon Jonas, Decent Startup

Entrepreneur Strategies

Join us on the Entrepreneur Strategies Podcast as we sit down with the insightful Jonathon Jonas, Founder of Decent Startup. In this episode, Jonathon shares his fascinating journey from humble beginnings to entrepreneurial success, navigating ups and downs, twists, and turns. Discover how networking and an early dive into e-commerce played pivotal roles in shaping his path to success. Tune in for valuable insights and inspiration for your own entrepreneurial journey.   You can find out more about Jonathon at his website and LinkedIn:

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Uncovering Business Owner Tax Secrets; Paul Olsen show art Uncovering Business Owner Tax Secrets; Paul Olsen

Entrepreneur Strategies

SummaryIn this conversation, Mike Metzger, CFP®, and Paul Olsen discuss the importance of treating staff well and teaching and delegating effectively. They also explore the concept of automating, eliminating, and delegating tasks to improve efficiency. The conversation then shifts to common mistakes in tax planning and the value of proactive tax planning throughout the year. They emphasize the importance of good accounting and its impact on tax and financial planning. The discussion also covers entity structure, payroll strategies, and the benefits of filing for S corporation status. Paul...

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Business Valuation As a Catalyst For Growth; Ken Sanginario show art Business Valuation As a Catalyst For Growth; Ken Sanginario

Entrepreneur Strategies

Summary Ken Sanginario, owner of Corporate Value Metrics, shares insights on creating value within businesses and turning around distressed companies. He emphasizes the importance of focusing on valuations early on and understanding the pitfalls of chasing revenue. Ken also discusses the process of developing a standardized approach to assess companies and create future state visions. He provides examples of scaling and creating value in small businesses, as well as the decision-making process between acquiring competitors or building from scratch. Ken highlights the need for business owners...

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6 Business Owner Financial Strategies to Catapult Your Wealth and Reduce Taxation show art 6 Business Owner Financial Strategies to Catapult Your Wealth and Reduce Taxation

Entrepreneur Strategies

Summary In this episode, Mike Metzger, CFP®, shares six financial strategies for business owners to grow their wealth and reduce taxes. The strategies include choosing the right entity structure, utilizing retirement plans, strategically purchasing large ticket expenses, taking advantage of accelerated depreciation, and implementing installment sales. Each strategy is explained in detail, highlighting the benefits and considerations for business owners. These strategies can help business owners maximize their financial growth and minimize their tax liabilities. Takeaways Choosing the right...

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Entrepreneur Strategies; Choosing Business Owner Retirement Plans show art Entrepreneur Strategies; Choosing Business Owner Retirement Plans

Entrepreneur Strategies

Summary In this episode, Mike Metzger discusses the importance of balancing business growth with family and personal health. He introduces the topic of retirement plans for small business owners and provides insights into different options available. The main focus is on SEP IRA, Solo 401k, Safe Harbor 401k, and Traditional 401k plans. Mike explains the eligibility, contribution limits, and benefits of each plan. He also highlights the importance of considering factors like the number of employees and the desire to attract and retain employees when choosing the right retirement plan. Takeaways...

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Develop Strategic Influence and Leave a Legacy - Insights From Gary Laney show art Develop Strategic Influence and Leave a Legacy - Insights From Gary Laney

Entrepreneur Strategies

Gary C. Laney is CEO of Success Masters, author, and serial entrepreneur of 20+ businesses. Industries include business networking, online media, e-commerce, and intellectual property. A dynamic speaker, Gary has been recognized as a top presenter, motivating tens of thousands of entrepreneurs, professionals, and salespeople. Prior to his entrepreneurial run, Gary spent 25 years as an executive in corporate high-tech and commercial publishing. He is known for his ability to turn around businesses and create dramatic revenue growth. Gary has a triple major MBA from Northwestern Kellogg in...

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Building a Personal Brand for Success in Business with Paul Barnhurst show art Building a Personal Brand for Success in Business with Paul Barnhurst

Entrepreneur Strategies

Paul Barnhurst is a Finance Professional with 12+ years of finance and FP&A experience. He Earned a bachelor's from BYU, an MBA specializing in finance, and a Master of Information Management from Arizona State University. Paul recently launched his own business called The FP&A Guy providing FP&A consulting services for small and midsized companies, FP&A Training, and FP&A content creation (Webinars, blogs, sponsored LinkedIn Posts). He resides in the Salt Lake City, Utah area with his wife and daughter. On LinkedIn, he goes by the moniker The FP&A Guy.   In this...

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Growing a Home Inspection Business from the Ground Up with Andrew Jolley show art Growing a Home Inspection Business from the Ground Up with Andrew Jolley

Entrepreneur Strategies

This episode features home inspector Andrew Jolley and focuses on his career path and day-to-day work in the industry. He discusses how he got started in home inspections by maintaining foreclosed properties, and how he eventually became certified and started his own successful business. Andrew also provides valuable insights into the home inspection process and what buyers and sellers should expect. Additionally, this episode touches on some of the challenges of the job as well as how Andrew prioritizes health, family time, and work-life balance as a busy entrepreneur.   "For myself, I...

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Hustle and Sweat Equity: Sarah McNamara’s Strategies for Success show art Hustle and Sweat Equity: Sarah McNamara’s Strategies for Success

Entrepreneur Strategies

Born and raised near Buffalo, New York, Sarah McNamara obtained her Bachelor's degree in Education. Seeking cultural adventure, she opted to complete her final teaching internship on the Navajo Indian Reservation in New Mexico. Sarah considers that internship to be the best, most life changing opportunity she’s had to date. Sarah moved to Florida shortly thereafter to begin teaching and obtained a Masters degree in School Counseling. After working in Education for nine years, Sarah ultimately decided that Real Estate was her calling. It was a smooth transition, as her desire to educate her...

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Beyond the End Zone: Crafting the NFL's Digital Narrative with Michael Wiebler show art Beyond the End Zone: Crafting the NFL's Digital Narrative with Michael Wiebler

Entrepreneur Strategies

Michael Wiebler is a new-media executive with over 15 years of tangible entertainment strategy, marketing and production experience. He currently leads content strategy in the Club Media Group at the NFL as the Director of Content and Media Strategy.   In episode 4, we sat down with Michael Wiebler, the director of content and media strategy for the NFL. With a rich professional background in film and marketing, Michael shed light on his unique journey to the NFL and his role in amplifying its digital content for both clubs and the league. He demystified the essence of digital strategy,...

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Summary

In this episode, Mike Metzger, CFP®, shares six financial strategies for business owners to grow their wealth and reduce taxes. The strategies include choosing the right entity structure, utilizing retirement plans, strategically purchasing large ticket expenses, taking advantage of accelerated depreciation, and implementing installment sales. Each strategy is explained in detail, highlighting the benefits and considerations for business owners. These strategies can help business owners maximize their financial growth and minimize their tax liabilities.

Takeaways

Choosing the right entity structure is crucial for maximizing financial strategies.
Retirement plans can provide tax deductions and help business owners grow their wealth.
Strategically timing the purchase of large ticket expenses can reduce taxes and increase the value of the business.
Accelerated depreciation allows business owners to depreciate assets in one year, reducing tax liabilities.
Implementing installment sales can evenly distribute income over multiple years, reducing tax burdens.
These financial strategies can help business owners grow their wealth and reduce taxes.

Chapters

00:00 Introduction
01:29 Entity Structure
03:21 Retirement Plans
08:07 Large Ticket Expenses
12:23 Accelerated Depreciation
15:47 Installment Sales
18:40 Summary