How many people believe the government has any money? The truth is the only money Washington has is what WE THE PEOPLE, aka the US Taxpayers, send in voluntarily. The US Treasury doesn't have any money sitting around to give you for your small business. However, by legally reducing your taxes, you get access to money that does not require grants, loans or giving away your firstborn child!
Here's a dirty little secret. There are two different tax codes in America; one for employees and one for business owners. If you've ever received a paycheck from your employer, you see all the line item deductions that go to various parts of the government. How much money is collected, how it's spent and policies that determine such actions is a discussion for another day.
In Episode 106, you'll meet two tax professionals, Lyssa Phifer, CPA and Steve Navarro, whose primary focus is helping Small Business Owners save 35-50% on their taxes by following the rules. For nearly two decades, their firm has helped save nearly 3/4 of a Billion dollars in taxes for companies ranging from start-up to hyper-growth... and they've done it without a single IRS deduction reversal! You'll be shocked to learn how you can keep more of your money working for you!
The POWER of Small Business begins and ends with people. That sounds like a standard promotional line, but the fact is the creativity, passion and pursuit of excellence drives a start-up small business like no other organization. If the Founder is not fired up and hungry to learn, then the odds of success are about zero.
In Episode 105, we will examine the first of what we call 7 Founding LIBERTY Principles. We believe the economic Backbone of America is powered by the Leadership of Small Business Founders, employees and their families. Whether you are building a small business alone with the person staring back at you in the mirror or running a thriving, fast-moving company, your strong, personal leadership is essential.
You'll also learn in today's program why it's crucial to know your personal strengths... and not simply your opinion of your strengths. There are simple and scientific ways to know precisely where you are strong in different areas and you need to know in order to build an organization that complements your skills.
This is the first edition of the next generation of PATRIOT MISSION Radio and our new show, The POWER of Small Business. In today's episode, we will layout the premise of the show which is grounded in the horsepower small business in America creates. We will look at the hard numbers in simple-to-understand economic impact, like employment, new companies and value to America.
In our first show in this new season, we take a hard look at why helping entrepreneurs get started right is so important. The seductive voice of the small business siren can encourage you to take risks that are way out of proportion to the potential benefit. How do you begin to weigh risk versus gain? We'll discuss it.
POWER is an interesting word because it can represent many different things to different people. We'll examine a practical analogy between small business and vehicles of different types. In the analysis, we'll also draw out a few parallels from your daily life that may surprise you... especially when you slam the accelerator to the floor.