Exploring Business Failures and Puerto Rico Tax Benefits with Timothy Shaffer
Inner Edison Podcast by Ed Parcaut
Release Date: 12/10/2024
How Robert Hunt Built Success with CEO Peer Groups on the Inner Edison Podcast
Inner Edison Podcast by Ed Parcaut
In this inspiring episode of the Inner Edison podcast, Ed Parcaut sits down with Robert Hunt—CEO peer group facilitator, executive coach, and author of "Nobody Cares Until You Do." Robert opens up about his unconventional shift from corporate marketing leader to entrepreneur, why he never planned on starting his own business, and how desperation forced him to carve a new path. Robert shares candid lessons from his own setbacks, including confronting financial hardships, making tough family decisions, and finding the courage to sell his home in order to rebuild. He reveals the inner...
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Mastering Change: Damon Lembi and Ed Parcaut on AI, Podcasting, and Career Pivots
Inner Edison Podcast by Ed Parcaut
In this insightful episode of the Ed Parcaut Podcast, Ed sits down with Damon Lembi, CEO of Learnit and host of the LearnItAll podcast, for a wide-ranging conversation about personal growth, career pivots, and the transformative power of artificial intelligence. Damon shares his journey from being drafted twice by Major League Baseball teams to navigating imposter syndrome and ultimately finding his passion in leading a tech-learning company. Together, Ed and Damon dive deep into the world of podcasting, the evolution of technology from floppy disks to cloud-based learning, and how AI is...
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How Simon Phillips Built, Lost, and Rebuilt Million-Dollar E-Commerce Brands: Lessons From Failure
Inner Edison Podcast by Ed Parcaut
In this episode of the Inner Edison Podcast, host Ed Parcaut sits down with Simon Phillips, a New Zealand-based entrepreneur with a remarkable journey through the highs and lows of building e-commerce brands and agencies. Simon opens up about launching his first successful brand at 19, scaling it to seven figures, and then losing it all—only to bounce back with a new agency and, ultimately, a powerful accelerator program for e-commerce businesses. Through candid discussions, Simon shares hard-earned insights on what it really takes to build, lose, and rebuild both business and self-belief....
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Lessons From Losing It All Chris Miles on Financial Freedom and Market Crashes
Inner Edison Podcast by Ed Parcaut
In this insightful episode, host Ed Parcaut sits down with Chris Miles—entrepreneur, money expert, and creator of the Money Ripples podcast. Chris shares his candid journey from traditional financial planner to becoming financially free—twice—and reveals the hard lessons he learned along the way. The conversation dives into the real-life challenges of building wealth, surviving the 2008 crash, and how true financial independence is about building streams of income rather than simply accumulating a nest egg. Listen as Chris and Ed break down myths about financial advising, investing for...
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Building Brand Authenticity: Lessons from Dave Behar's Ion Network Journey
Inner Edison Podcast by Ed Parcaut
Join Ed Parcaut as he sits down with Dave Behar in this intriguing episode of the Ed Parcaut Podcast. Dave, a seasoned professional in the mortgage industry, takes us on a journey through the ever-evolving landscape of real estate in Southern California, particularly in San Diego. Dive deep as Dave shares insights into the value surges in places like San Clemente and Rancho Santa Fe over the years. Beyond real estate, Ed and Dave explore the fascinating world of media, discussing Dave's unexpected journey into building the "Ion" brand and the challenges faced along the way. With a focus on...
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The Importance of Strategy in Business: Insights from James Hipkin
Inner Edison Podcast by Ed Parcaut
Join host Ed Parcaut as he sits down with marketing expert James Hipkin on the Inner Edison podcast. James shares his unique journey from a music degree graduate to a global marketing strategist, highlighting key experiences in rock and roll, ad agencies, and international business. Discover the strategic principles that have driven his success and why understanding your customer is crucial in today's digital age. James breaks down the evolution of marketing, discussing how timeless principles apply even with the advent of AI and digital tools. He shares insights into crafting the right...
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Exploring LinkedIn Growth Strategies with Colin Hirdman on Inner Edison Podcast
Inner Edison Podcast by Ed Parcaut
Welcome to the Ed Parcaut Show! In this episode, Ed sits down with Colin Hirdman, a seasoned entrepreneur with a keen expertise in leveraging LinkedIn for business growth. They dive into Colin's unexpected journey into entrepreneurship that started at a birthday party, and his early days in the data processing business during the mid-90s. Colin shares his insights on transitioning from direct mail to digital marketing, selling his first business in 2006, and co-founding Monkey Island Ventures. Listen in as they explore the art of building authentic connections on LinkedIn, Colin's philosophy...
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Discovering Entrepreneurship: Dan Grech's Transition from Journalism to Business Building
Inner Edison Podcast by Ed Parcaut
In this captivating episode of the Inner Edison podcast, host Ed Parcaut sits down with Dan Grech, a former journalist turned entrepreneur, to explore his incredible journey of transformation. Dan candidly shares the unexpected turn of events that led him from a successful career in journalism to launching Biz Hack Academy, a thriving venture that helps businesses grow through storytelling and AI-driven marketing strategies. Listeners will be inspired by Dan's resilience in the face of personal and professional challenges, as he reveals how being fired from a prestigious journalism position...
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From Blind Blogger to Accessibility Expert: Maxwell Ivey's Journey and Insights
Inner Edison Podcast by Ed Parcaut
In this enlightening episode of the Inner Edison Podcast, Ed is joined by Maxwell Ivey, affectionately known as "The Blind Blogger," to delve into the world of accessibility and innovation. Maxwell, who began losing his vision at the age of five due to retinitis pigmentosa, shares his inspiring journey of overcoming challenges and establishing himself as a recognized creative entrepreneur. Throughout the episode, Max discusses the current state of accessibility on the internet, revealing that only about 5% of online spaces are fully accessible and shares his personal experiences with...
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Built to Belong: Atiba De Souza Discusses Community and Success in Business
Inner Edison Podcast by Ed Parcaut
Welcome to the "Inner Edison Podcast" hosted by Ed Parcaut, a dynamic journey into the stories and insights of entrepreneurs who defy the odds and blaze their own trails. In this episode, Ed is joined by Atiba De Souza, a multi-generational entrepreneur who shares his unique perspective on business, personal growth, and the power of community. As Atiba delves into his family's entrepreneurial legacy, listeners gain a glimpse into how generational success and a nurturing environment shaped his path. From his grandfather's pioneering pharmacy in Trinidad to his mother's thriving catering...
info_outlineIn this enlightening episode of the Inner Edison Podcast, host Ed Parcaut welcomes business expert Timothy Shaffer to delve into the dynamics of business failures and the invaluable lessons they offer. Timothy Shaffer, with over 30 years of experience in the automotive industry, shares his extraordinary journey from working on cars in the Midwest to launching innovative business ventures.
Key points of discussion include:
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Business Failures & Learning
: Shaffer’s transition from corporate America to establishing "Search Tires" and valuable insights gained from initial setbacks.
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California Taxes
: A deep dive into how Prop 13 and Prop 19 impact capital gains and property taxes, along with Ed's critique of recent political decisions.
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Living & Costs
: Comparing the living conditions and costs in Texas, Florida, California, and Puerto Rico, highlighting Puerto Rico’s favorable tax benefits under Act 60.
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Real Estate & Safety
: The nuances of purchasing property in Puerto Rico versus Mexico, and a discussion about safety concerns in these regions.
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Automotive Industry Insights
: Shaffer's advocacy for supporting local brick-and-mortar stores for tire purchases and discussion on consumer behavior data driving better business strategies.
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Patriot Brands
: Exploring Timothy’s other venture, marketing efforts for products like the Vanish (Vnsh) holster, and their successful e-commerce strategies.
Join us for a rich conversation filled with personal experiences, industry insights, and practical advice for businesses navigating the complexities of market trends and consumer needs. Tune in to understand how to leverage failures for success and make informed decisions whether you’re looking to relocate, invest, or expand your business.
Visit searchstires.com for more information and connect with Timothy Shaffer for your tire needs and business inquiries.
**Contact Ed Parcaut:**
- 🌍 Website: [edparcaut.com](http://edparcaut.com)
- 📱 Twitter: [@edparcaut](https://twitter.com)
Listen now on Apple Podcasts and transform how you view business challenges and opportunities!
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