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Entrepreneurship

What are the pros and cons of starting a business as a Sole Proprietorship? [Video]

Start Your Own Biz the Simple Way: Sole Proprietorship 💼💰⚠️Learn the Pros & Cons!Starting a business has never been easier with a Sole Proprietorship, but did you know it also comes with some risks?Find out everything you need to know, from filing your tax return to being responsible for everything that happens in your business!Protect yourself, and make an informed decision.Got questions?DM me! #BusinessTips #soleproprietorship #realestate #realestateinvesting #biggerpockets #financialfreedom #investing #rentalproperty #BRRRR #network #networkisNETWORTH

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Entrepreneurship

Avoid making this common mistake when starting a business! #shorts #business [Video]

Valley ALF Ventures, LLC Investment Opportunity (CLICK LINK BELOW): https://valleyalfventures.com/Schedule a one-on-one call with me: https://calendly.com/legionassistedliving/30Legion Assisted Living Academy Program:https://legionassistedlivingacademy.comLink to Social Media and Podcast : (https://linktr.ee/serg_lupescu​) @RyanPineda @biggerpockets @TylerCauble @GrahamStephan @WealthyWayPodcast @Multifamilystrategy @LizyHoeffer @JavyVidana @RyanSerhant @TheGrahamStephanShow ​

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Entrepreneurship

How To Start A Business With No Money [Video]

#shorts Here’s how you can start a business right away with no money… The first and easiest one is to sell your services… Start by looking at things you know better than most people,Then package that skill set into a service It could be Doing excel magicFreelance writingMarketingBusiness planningAnd it doesn’t have to be a high skill, for now, it just needs to be valuable to other people… It could even look like a pet-sitting or dog walkingAnd once you are confident in your skills OR you have these amazing systems and structure in place Create another income stream by turning it into educational products like courses, books/ebooks, or templates. Here’s a bonus on all this, where things get really sexy…Once you have a significant profit, you take that profit and invest it into CASH FLOW PRODUCING ASSETSMy favorite, of course, real estate.

Categories
Entrepreneurship

What to Do BEFORE Starting a Business or Side Hustle [Video]

If you don’t know what to do before starting a business or side hustle, listen in, to avoid becoming the dreaded “nine out of ten businesses fail” statistic. With us today is Gabe Nelson, certified financial planner and business advisor, who has extensive experience advising with both new and established businesses. A couple of decades ago, Gabe was in the position many entrepreneurs are in today. He was working seven days a week, almost living at the office, doing anything he could to build his business. Once his daughter was born, he knew he had to take a step back from the seven-day workweek. Then, his second and third daughter were born, forcing him to automate, delegate, and eliminate every unnecessary task on his plate. Now, with a thriving firm, Gabe knows what does (and doesn’t) work for solopreneurs, and the systems they need to implement now to secure a happy life tomorrow. ~~~~Join the BiggerPockets Money Facebook Group:https://www.facebook.com/groups/bpmoney ~~~~Get Started with Gabe: https://www.gabenelsonfinancial.com/ ~~~~Tips on Relationships and Money for Solopreneuers: https://www.gabenelsonfinancial.com/podcast/tips-on-relationships-and-money-for-solopreneurs-with-megan-spawn-ep-14/ ~~~~Athena Executive Services (Virtual Assistants): https://athenaexecutiveservices.com/ ~~~~Dion’s Episode of The BiggerPockets Podcast: https://www.biggerpockets.com/blog/biggerpockets-podcast-448-dion-mcneeley ~~~~Want to Be a Guest on the BiggerPockets Money Show? Apply Here:Guests: www.biggerpockets.com/guest Finance Friday: www.biggerpockets.com/financereview ~~~~Follow Dion and Mindy on Instagram:@diontalkfinancialfreedom or https://www.instagram.com/diontalkfinancialfreedom/ @mindyatbp or https://www.instagram.com/mindyatbp/ Episode 249Show notes at: https://www.biggerpockets.com/moneyshow249 0:00 Intro2:38 The #1 Key of Any Successful Business7:44 Keep Your Relationships While Running a Business16:06 The Motivation to Help Other Entrepreneurs20:24 Why 90% of Businesses Fail29:36 When To Hire Employees and Staff42:14 The 5 Steps to Starting a Business45:28 Famous Four50:47Reviewing The Steps to Business Success