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no pants required!
by breaking the 9-5 mindset
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after making $2M in two years
- 10 biz tips I wish i knew when i first got started -
1. set up your llc before you make $20K
2. set up your llc as an s corp
3. spreadsheet track your income and expenses until you make $100K, then outsource your tracking process to a bookkeeper
4. get biz credit asap
5. pay all of your expenses on a point accumulating biz credit crd (hello! Travel perks!)
6. pay yourself a modest salary, you will thank yourself later when you need income verifications for loans
7. establish a personal relationship with a banker, early in the game... they will be able to help you with all sorts of things
8. talk to an industry experienced cpa the second you hit $50K to start your tax planning strategies
9. think quarterly, not monthly
10. double down on yourself, invest in building your skill sets-- learning how to make more money is wayyyy more important than paying off debt! (i did know this one-- that's how i turned 6 figures into 7 in a matter of months
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STRAIGHT FROM THE UNICORN'S MOUTH...
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