Vast Voice produced by VastSolutionsGroup.com

You can invest your IRA money in real estate, but many financial advisors are not aware of this option. VastSolutionsGroup.com believes in open architecture and allows clients to invest in a variety of assets, including real estate. Investing in real estate through a qualified plan can provide tax advantages. However, it may not be suitable for everyone, and it is important to consult with a financial advisor or CPA. VastSolutionsGroup.com offers tools and resources on their website for more information.Takeaways• You can invest your IRA money in real estate• VastSolutionsGroup.com believes in open architecture and allows clients to invest in a variety of assets• Investing in real estate through a qualified plan can provide tax advantages• Consult with a financial advisor or CPA to determine the best investment strategy• VastSolutionsGroup.com offers tools and resources on their website for more informationSound Bites• You can invest your IRA money in real estate• Real estate is really, there's tax advantages by investing in real estate• Investing in real estate through a qualified plan can provide tax advantagesListen & Subscribe for More:

Anne and Kenner discuss various topics related to cryptocurrency and qualified plans. They explore the possibility of contributing depreciated Bitcoin into a qualified plan, the complexities of investing in crypto within a qualified plan, and the advantages of using a 401k C Corp combo.They also touch on the lack of education and awareness around these topics and the importance of working with professionals who understand the intricacies of qualified plans and asset protection. Anne mentions her involvement with the Guardian Academy, an educational organization that helps entrepreneurs and business owners connect with the right people and gain valuable knowledge and insights.Takeaways• Contributing depreciated Bitcoin into a qualified plan requires a cash transaction and cannot be done directly.• Investing in crypto within a qualified plan involves buying the crypto in the name of the plan and selling it if it depreciates.• A 401k C Corp combo allows individuals to fund their own company using their qualified plan assets.• There is a lack of education and awareness around using qualified plans for investing in crypto and starting a business.• Working with professionals who understand qualified plans and asset protection is crucial for maximizing benefits and minimizing risks.• The Guardian Academy is an educational organization that helps entrepreneurs connect with the right people and gain valuable knowledge and insights.Sound Bites• The more you learn, the more you realize you don't know.• Crypto as far as taxes. It's a very smart thing to do sometimes.• I can contribute real estate as its cash value. But right now, regulation just kind of hasn't caught up with that.Listen & Subscribe for More:

R. Kenner French discusses the intricacies of qualified plans, their benefits for entrepreneurs, and how they can be structured to maximize retirement savings and minimize taxes. He emphasizes the importance of understanding the different types of qualified plans, the investment options available, and the control business owners have over their assets. The discussion also touches on the convenience of qualified plans and the potential for significant tax advantages.Takeaways• Qualified plans can help entrepreneurs save for retirement.• Understanding the differences between qualified and non-qualified plans is crucial.• Investment options in qualified plans include real estate and alternative assets.• Qualified plans offer significant tax benefits for business owners.• Control over qualified plan assets allows for personalized investment strategies.• Loans can be taken from qualified plans, providing liquidity.• Qualified plans can include insurance and cryptocurrency investments.• Lowering taxes through qualified plans can enhance financial security.• Qualified plans provide convenience by consolidating accounts.• Consulting with a financial advisor is essential for maximizing qualified plan benefits.Sound Bites• What is a qualified plan?• You don't want to be a panhandler.Listen & Subscribe for More:

This conversation is about the challenges and opportunities for solopreneurs. Joe Rando discusses the changing landscape of entrepreneurship and the growing desire for more freedom and flexibility. He emphasizes the importance of community and support for solopreneurs, as well as the need for proper planning and goal-setting. The conversation also touches on the role of AI in supporting solopreneurs and the benefits of being part of a community. Joe shares his own experiences and the tools he has developed to help solopreneurs succeed.The conversation focuses on the importance of customer retention and onboarding in solopreneurship. It highlights the value of keeping existing customers happy and engaged, as well as the benefits of automating the onboarding process. The discussion also addresses the significance of clearly communicating who you help and how you help them on your website. Joe outlines the structure and offerings of his solopreneur community, including free events, a Facebook group, and future plans for a paid tier. He also mentions the potential for affiliate partnerships and the goal of providing valuable resources and support to solopreneurs.Takeaways• Solopreneurs seek freedom and flexibility in their work.• Community and support are crucial for solopreneurs to succeed.• Proper planning and goal-setting are essential for solopreneurship.• AI can provide valuable insights and support for solopreneurs.• Being part of a community can lead to collaboration and growth.• Customer retention is crucial in solopreneurship, as acquiring new customers can be expensive.• Automating the onboarding process can help set expectations and improve customer satisfaction.• Clearly communicate who you help and how you help them on your website to attract the right audience.• Offering free events and a community platform can provide value and support to solopreneurs.• Consider affiliate partnerships to expand your offerings and generate additional revenue.Sound Bites• If you're a solopreneur and need a community, you are talking and hearing the right group right now.• We're looking for people that want to build a business that serves their life.• People now want to be solopreneurs. They want to be able to work when they want to work, make a couple of bucks and travel when they want to travel.• If you get a customer, keep the customer, it's expensive to get new customers.• If something happens, if people make a big deal out of it, it feels like something special.• Onboarding is really, really important. We neglected that for a lot of years and now we're adopting that much more.Listen & Subscribe for More:

This conversation explores how AI is transforming tax planning, particularly in optimizing strategies, identifying savings opportunities, and simplifying compliance. The discussion highlights the importance of R&D tax credits and the role of AI in asset protection and estate planning, emphasizing a holistic approach to financial management.Takeaways• AI is revolutionizing tax planning by optimizing strategies.• Automation in tax compliance saves time and reduces stress.• AI-driven analytics can predict future savings opportunities.• R&D tax credits are often overlooked but can provide significant savings.• Asset protection is crucial for safeguarding personal wealth.• AI helps in crafting proactive estate planning strategies.• The integration of AI allows for tailored financial solutions.• AI simplifies complex compliance documentation.• Holistic financial management connects tax strategies with asset protection.• AI is reshaping how individuals and businesses approach financial planning.Sound Bites• It saved their heirs six figures.Listen & Subscribe for More:

R. Kenner French discusses effective tax strategies for real estate entrepreneurs, emphasizing the importance of legally reducing tax liabilities. He presents a countdown of the top 10 easy tax hacks, including setting up the right business entities, maximizing deductions, and utilizing proactive tax planning. The discussion highlights the significance of understanding the tax code and leveraging it to one's advantage, ultimately aiming to empower entrepreneurs to keep more of their hard-earned money.Takeaways• Cutting taxes legally is possible with the right strategies.• Many real estate entrepreneurs are unaware of their tax overpayments.• Wealthy individuals employ strategic tax planning rather than guesswork.• Setting up an LLC or S-Corp can significantly reduce tax liabilities.• Real estate professionals can deduct losses against active income.• Maximizing depreciation can lead to substantial tax savings.• Income shifting to family members can lower overall tax burdens.• Investing in real estate through IRAs can yield tax-free growth.• Home office deductions are often overlooked but can save money.• Proactive tax planning is essential for long-term financial success.Sound Bites• Wealthy people do not guess, they strategize.• Setting up an LLC can help you with taxes.• You can deduct all your real estate losses.• Shift income strategically to save money.• Home office deductions can save you thousands.• Be proactive with your tax plan to save money.Listen & Subscribe for More:

Anthony Simonie discusses the importance of building relationships in marketing and how small businesses can add value to their existing businesses. He emphasizes the power of email marketing and the need to optimize and leverage existing email lists. He also introduces the concept of performance-based marketing, where the marketing firm invests in the client's business and is paid based on the results achieved. He highlights the value of communities in building credibility and trust, and the importance of engagement within those communities. Anthony shares the importance of testing and making adjustments based on market feedback, and the significance of referrals in growing a business.Takeaways• Building relationships is key in marketing and can add value to small businesses.• Optimizing and leveraging existing email lists can be a high-impact strategy for small businesses.• Performance-based marketing, where the marketing firm invests in the client's business and is paid based on results, can be a win-win approach.• Communities can be valuable in building credibility and trust, and engagement is crucial within those communities.• Testing and making adjustments based on market feedback is essential for success in marketing.• Referrals are a powerful way to grow a business.Sound Bites• Anthony Simonie the marketing guy is gonna make sure that we all have really big businesses• Well, the whole Google thing is not really about Google. It's about relationships.• There's so much opportunity within your existing business that you don't necessarily need to spend any more money to add any more shiny objects.Listen & Subscribe for More:

R. Kenner French provides a comprehensive overview of estate planning, emphasizing its importance in ensuring a smooth transition of assets and minimizing tax liabilities for heirs. He discusses the various components of estate planning, including wills, trusts, and the role of life insurance, while also addressing common misconceptions and the necessity of professional guidance.Takeaways• Estate planning is crucial for a smooth asset transition.• Will alone may not suffice for comprehensive estate planning.• Probate can complicate the distribution of assets.• Trust offer more control and flexibility than wills.• Charitable trusts can provide tax benefits while supporting causes.• Understanding estate taxes is essential for effective planning.• Life insurance can be a valuable tool in estate planning.• Choosing beneficiaries requires careful consideration.• Proactive planning can prevent future complications for heirs.• Consulting with a qualified advisor is vital for effective estate planning.Listen & Subscribe for More:

Leslie Hassler, a seasoned entrepreneur and consultant, about the intricacies of scaling a business from seven figures to eight figures. She discusses the importance of viewing taxes as a privilege of profit, the necessity of tailored marketing strategies, and the significance of empowering teams for growth. Leslie shares insights on financial strategies, client engagement, and the transformative impact of effective consulting. The conversation concludes with a call to action for entrepreneurs to take steps towards their business goals and a special offer for listeners to receive a free book.Takeaways• Seeing taxes as a privilege of profit is crucial.• Entrepreneurship involves on-the-job training and resilience.• Tailored marketing strategies are essential for business growth.• Growth devours cash; managing cash flow is vital.• Empowering teams can lead to significant business improvements.• A business audit is the first step in consulting engagements.• Success stories illustrate the potential for transformation.• Taking action, even imperfectly, is better than inaction.• Small businesses are the backbone of the economy.• Continuous learning and adaptation are key to success.Sound Bites• Taxes are a privilege of profit.• Entrepreneurship is on-the-job training.• We help our owners manage their teams effectively.Listen & Subscribe for More:

Bryan Clayton discusses the importance of adopting AI and business automation to stay ahead in today's competitive landscape. He shares his journey from running a traditional landscaping business to building GreenPal, an app that connects homeowners with lawn care services. He emphasizes the need to approach AI implementation as an experiment and iterate on different solutions to find the best fit. Bryan also discusses the benefits of using AI for customer support, matching buyers and sellers, and streamlining manual processes. The conversation highlights the importance of continuously monitoring and improving AI systems to provide a better customer experience.Takeaways• Adopting AI and business automation is crucial for staying competitive in today's market.• Approach AI implementation as an experiment and iterate on different solutions to find the best fit for your business.• AI can be used to streamline customer support, matching buyers and sellers, and automate manual processes.• Continuously monitor and improve AI systems to provide a better customer experience.• Don't be afraid to delegate tasks to AI, but be cautious about sharing proprietary information.• Invest in building a comprehensive knowledge base and leverage AI to provide thorough and efficient responses to customer queries.Sound Bites• Green Pal is a 10 year overnight success in building this app for over a decade.• You have to monitor, you have to inspect what you expect.• We were able to cut that by 80%.Listen & Subscribe for More:

R. Kenner French discusses the importance of R&D tax credits for entrepreneurs, emphasizing that many are unaware of the potential financial benefits available to them. He explains the eligibility criteria, the types of expenses that qualify, and the overall impact of these credits on business growth and innovation. He also shares practical advice on how to identify and maximize R&D tax credits, along with real-world examples of businesses that can benefit from these incentives.Takeaways• Many entrepreneurs are unaware of R&D tax credits.• R&D tax credits can significantly reduce tax liability.• It's essential to ask tax professionals about R&D credits.• Qualifying expenses include salaries, supplies, and contract research.• R&D tax credits are dollar-for-dollar benefits.• Businesses can go back two to three years for credits.• Innovation in AI can qualify for R&D tax credits.• Compartmentalizing R&D expenses makes claiming credits easier.• The government incentivizes innovation to boost the economy.• Real-world applications of R&D credits span various industries.Sound Bites• You're leaving money on the table.• It reduces your overall tax liability.• Email us the word book.Listen & Subscribe for More:

Alessandro "Alex" Giassa discusses the dynamics of real estate investment, particularly in Florida, and offers insights for Canadian investors looking to enter the market. He emphasizes the importance of acting quickly in real estate, the potential of Miami as a financial hub, and the strategies for navigating the complexities of property investment. The discussion also covers the role of EXP Realty in modern real estate practices and innovative investment ideas that can yield high returns.Takeaways• Acting quickly in real estate is crucial for success.• Miami is expected to become a major financial hub.• Canadian investors face unique challenges but can thrive in Florida.• Understanding tax implications is essential for foreign investors.• Cash purchases provide significant leverage in negotiations.• Equity investments are often the safest strategy.• Investing in land can be a low-risk opportunity.• Short-term rentals are a growing market in Miami.• Networking with mortgage professionals is key for investors.• Section 8 housing can be a viable investment strategy.Sound Bites• Act now rather than later in real estate.• Miami is poised to take over in the next 20 years.• Canadians are thriving in Florida's real estate market.Listen & Subscribe for More:

Nicole Espinosa, also known as the Short Sale Queen, discusses the concept of short sales and how investors can profit from them. Short sales are an exit strategy for investors who are marketing to leads without equity. It involves purchasing a property from a homeowner who is in pre-foreclosure or foreclosure and owes more than the house is worth. The investor buys the property through the bank, allowing the homeowner to walk away free and clear. Nicole explains that she works with three avatars: homeowners in need of help, realtors who don't know how to process short sales, and real estate investors who want to expand their opportunities. She offers training and coaching to help agents and investors navigate the short sale process. She emphasizes the importance of providing value and building a strong reputation in the industry.Takeaways• Short sales are a valuable exit strategy for investors who are marketing to leads without equity.• Investors can purchase properties from homeowners in pre-foreclosure or foreclosure who owe more than the house is worth.• Nicole Espinosa works with homeowners, realtors, and real estate investors to navigate the short sale process.• Providing value and building a strong reputation are crucial in the real estate industry.Sound Bites• The short sale queen.• Short sales are leads that you're already marketing to, but you're walking away from because it doesn't have equity.• We charge the lender our fees, so the investor's not paying us, nor is the seller.Listen & Subscribe for More:

From the clinic to the concert stage…

Marc discusses marketing strategies for small business owners, particularly real estate investors and agents. He emphasizes the importance of properly tracking leads and understanding where every dollar is coming from. He explains that his company, Loudmouse, provides fractional CMO services, where they come in and manage all aspects of a company's marketing. He focuses on tracking, ensuring the right people are in place, and then developing a strategy based on data and results. Marc shares a case study where they turned around a client's marketing, increasing their return on ad spend and reducing their marketing spend. In this conversation, Kenner from Vast Solutions Group interviews Marc Ensign about his expertise in marketing and how it can help businesses grow. They discuss the use of artificial intelligence (AI) in content writing and research, as well as its impact on marketing strategies. They also explore the importance of targeted ad buys and optimizing marketing budgets. Marc emphasizes the need for a human touch in marketing, even as AI becomes more prevalent. He suggests that businesses should focus on telling their story and connecting with customers on a personal level. The conversation concludes with a discussion on the benefits of working with a marketing agency and the potential for automation in the future.Takeaways• Properly tracking leads is crucial for making smart marketing decisions and understanding where every dollar is coming from.• Loudmouse provides fractional CMO services, managing all aspects of a company's marketing and focusing on tracking, people, and strategy.• They aim to increase revenue and reduce wasted marketing spend by identifying and addressing issues with agencies and optimizing marketing efforts.• A case study showcased how Loudmouse turned around a client's marketing, increasing their return on ad spend and reducing their marketing spend. Artificial intelligence (AI) can be used in content writing and research to streamline processes and improve efficiency.• Targeted ad buys and optimizing marketing budgets can help businesses maximize their return on investment.• Maintaining a human touch in marketing, such as telling a compelling story, can set businesses apart in an increasingly automated world.• Working with a marketing agency can provide expertise and support in developing effective marketing strategies.• The future of marketing may involve increased automation, but businesses should still prioritize human connection and personalization.Sound Bites• The biggest thing I find is they're not properly tracking leads.• Loudmouse is a fractional CMO agency that manages all aspects of a company's marketing.• We bring all the marketing data together into one place, so there's one source of truth.• AI has obviously taken a strong hold now.• One of the ways that we can trim the fat is by focusing on specific markets.Get specific about what taking it to the next level means.Listen & Subscribe for More:

Bob Bluhm is an attorney specializing in asset protection and estate planning. He explains the importance of structuring assets to protect against liability and reduce taxes. He emphasizes that insurance alone is not enough and recommends using entities like LLCs to limit personal liability.Bob discusses the complexities of setting up an LLC and the importance of proper drafting and documentation. He also offers services to review and fix existing LLCs to ensure they're set up correctly and provide optimal protection.In terms of estate planning, Bob explains that it's not just for the wealthy—everyone should have a plan in place. He recommends reviewing your estate plan every few years or after major life changes.Bob's team at Asset Defense Advisors provides personalized service and helps clients navigate the legal and bureaucratic red tape. They also work with real estate coaches to tailor legal structures to fit their specific business models.Takeaways• Properly structuring assets is crucial for protecting against liability and reducing taxes.• Insurance alone is not enough to provide comprehensive protection.• Entities like LLCs can limit personal liability and provide tax benefits.• Setting up an LLC requires proper drafting, documentation, and compliance with state laws.• Estate planning is important for everyone, not just the wealthy.• Estate plans should be reviewed every few years or after major life changes.• Asset Defense Advisors offers personalized service and helps clients navigate legal complexities.• They also work with coaches in the real estate industry to tailor legal structures to fit specific models.Sound Bites• If you are not properly structured, you have unlimited personal liability.• An LLC combines the best of both worlds - limited liability and tax benefits.• Once we form the LLC, there are many things that have to be done to make it a viable entity.Listen & Subscribe for More:

Patrick Fuchs, an entrepreneur who sold his business. He discusses the process of selling a business, the challenges of starting a company today, lessons learned as an entrepreneur, planning for the exit, the challenges of retirement, and the importance of proper resources.Takeaways• Selling a business can be a bittersweet experience, and it is important to plan for what comes next.• Starting a company today can be more challenging due to regulatory environments and increased competition.Listen & Subscribe for More:

Shane Carter, a real estate investor, shares his insights and experiences in the industry. He emphasizes the importance of focus and how it has helped him achieve success in his career. He also discusses his diversified real estate fund, which targets three asset classes: multifamily, land development, and outdoor hospitality. Shane explains the different investment strategies and expected returns associated with each asset class. Additionally, he highlights the importance of balance in life and how it contributes to overall fulfillment and long-term success.Takeaways• Focus is crucial for success in real estate investing.• Diversification across different asset classes can provide a blended return and mitigate risk.• Investing in stable, income-producing assets like multifamily properties can provide a preservation of wealth.• Land development offers the potential for high total returns, while outdoor hospitality provides cash flow and attractive yields.• Consider the hyperlocal market conditions and opportunities when investing in specific regions.• Maintaining balance in all aspects of life, including health, relationships, and spirituality, is essential for long-term fulfillment and success.Sound Bites• Focus, right? What do I mean by that? 20 years ago, I was all over the place, right? Like most young entrepreneurs, 30 year olds were not super in touch with who I was as a person, right? I was grinding and spinning my wheels.• Our investment fund is centered in housing. So what does that mean by that? It's basically got three, it's a three pronged approach. Number one is multifamily.• The total return play for land development is massive. Depending upon the deal, it's between 30 to 40%. Annualized return.Listen & Subscribe for More:

Amanda Webster, COO of Fund and Grow, explains how the company helps entrepreneurs and real estate investors access funding through business credit. Fund and Grow provides education and personalized assistance in building both personal and business credit profiles, identifying the best lenders, and strategically leveraging credit to fund business ventures and real estate investments.Amanda shares success stories of clients who have scaled their businesses by 10x and obtained millions in funding through their program. She emphasizes the importance of understanding credit, using it responsibly, and taking advantage of cashback and rewards programs to maximize financial benefits.She also outlines the client engagement process with Fund and Grow, guiding potential clients through their services and offering a link for interested individuals to learn more or sign up.Takeaways• Fund and Grow helps entrepreneurs and real estate investors access funding through business credit.• Building personal and business credit profiles is crucial for obtaining funding.• Understanding credit and using it responsibly is key to financial success.• Cashback and rewards programs can provide additional benefits when using credit.• Engaging with Fund and Grow involves a dedicated success manager and a step-by-step process to secure funding.• Fund and Grow has helped clients 10x their businesses and obtain millions in funding.Sound Bites• Kids, we got the growlady, Amanda Webster, the growlady, you like that?• I love you. Holy mackerel. Okay. This is a good start right off the batListen & Subscribe for More:

R. Kenner French discusses the alarming predictions regarding job loss due to AI advancements, referencing Kai Fu Lee's insights. He emphasizes the importance of staying informed about AI and offers practical advice for entrepreneurs to navigate the changing landscape. The conversation highlights the potential for both opportunity and risk in the face of rapid technological change.Takeaways• Kai Fu Lee has been predicting this since 2017.• The pace of AI development is accelerating.• Entrepreneurs must adapt to survive in the AI era.• Staying informed about AI is crucial for success.• Local meetups can provide valuable networking opportunities.• Annual AI events are essential for learning and growth.• Being proactive can lead to significant financial success.• Understanding AI can help businesses thrive.• The future may hold unprecedented opportunities for those who embrace AI.Sound Bites• You're going to be way ahead.• Heed his warning.• Get a copy of my book, free.Listen & Subscribe for More:

R. Kenner French discusses five essential tax hacks for entrepreneurs that can significantly lower their tax liabilities and enhance their financial strategies. He emphasizes the importance of understanding defined benefit plans, installment sales, captives, IRS 1202 QSBS, and R&D tax credits. Each of these strategies offers unique benefits for business owners looking to optimize their finances and grow their businesses. Kenner also encourages entrepreneurs to seek knowledgeable advisors to navigate these complex tax issues effectively.Takeaways• Five tax hacks can help entrepreneurs save money.• Defined benefit plans can lower taxes while building retirement savings.• Installment sales can reduce tax liability when selling a business.• Captive insurance can lower both risk and tax liability. IRS Section 1202 QSBS can minimize tax impacts for C corporations.• R&D tax credits are available to support innovative businesses.• Consulting with knowledgeable advisors is essential for success.• Strategic tax planning can significantly increase net worth.• Entrepreneurs should proactively seek available tax benefits.• Understanding these strategies is vital for long-term business growth.Sound Bites• Five tax hacks for entrepreneurs.• R&D tax credits can save you money.• Make you money in the end.Listen & Subscribe for More:

Anthony Simonie discusses the importance of building relationships in marketing and how small businesses can add value to their existing businesses. He emphasizes the power of email marketing and the need to optimize and leverage existing email lists. He also introduces the concept of performance-based marketing, where the marketing firm invests in the client's business and is paid based on the results achieved. He highlights the value of communities in building credibility and trust, and the importance of engagement within those communities. Anthony shares the importance of testing and making adjustments based on market feedback, and the significance of referrals in growing a business.Takeaways• Building relationships is key in marketing and can add value to small businesses.• Optimizing and leveraging existing email lists can be a high-impact strategy for small businesses.• Performance-based marketing, where the marketing firm invests in the client's business and is paid based on results, can be a win-win approach.• Communities can be valuable in building credibility and trust, and engagement is crucial within those communities.• Testing and making adjustments based on market feedback is essential for success in marketing.• Referrals are a powerful way to grow a business.Sound Bites• Anthony Simonie the marketing guy is gonna make sure that we all have really big businesses• Well, the whole Google thing is not really about Google. It's about relationships.• There's so much opportunity within your existing business that you don't necessarily need to spend any more money to add any more shiny objects.Listen & Subscribe for More:

The Vast Vault is a community by VastSolutionsGroup.com to provide value and resources to entrepreneurs, solopreneurs, and real estate investors. It offers two membership options: a free community with valuable content and a paid exclusive community, which includes access to asset protection, estate planning, tax help, finance assistance, retirement planning, and business automation. The community also features live chat support and monthly live chats with industry professionals. Members of the exclusive community can also participate in the Vast Voice podcast. The Vast Vault Community aims to support and empower small-time entrepreneurs.Takeaways• The Vast Vault is a community that provides resources and support to entrepreneurs, solopreneurs, and real estate investors.• There are two membership options: a free community and a paid exclusive community • The exclusive community offers access to asset protection, estate planning, tax help, finance assistance, retirement planning, and business automation.• Members can participate in live chat support and monthly live chats with industry professionals.• The Vast Vault Community aims to empower and assist small-time entrepreneurs.Sound Bites• The Vast Vault Community: Empowering Small-Time Entrepreneurs• Join the Vast Vault Community and Access Valuable Resources• Having a community becomes even that much more importantListen & Subscribe for More:

Renae Lipsmeyer shares her experience and insights on starting and running a successful podcast. She discusses the reasons for starting a podcast, the learning and growth opportunities it provides, and the logistics and costs involved. Renae also talks about reaching and engaging with an audience, monetizing a podcast, and the potential impact of AI on podcasting. She shares tips on podcasting equipment and the importance of hiring an editor. Additionally, Renae highlights the benefits of podcasting and the value of expanding to platforms like YouTube. In this conversation, Renae Lipsmeyer discusses her experience running a podcast about the Dave Matthews Band. She highlights the value of using YouTube to provide visual content for her audience and enhance the podcast experience. Renae emphasizes the importance of word-of-mouth marketing and knowing your audience to effectively promote a podcast. She also shares the significant time and effort required to run a podcast and the need to believe in yourself and stay true to your message. Additionally, Renae mentions the benefits of having a landing page for the podcast and the challenges she has overcome to grow her show successfully.Takeaways• Starting a podcast with a clear purpose creates long-term motivation and direction.• Podcasting offers personal and professional growth through consistent learning and creativity.• Knowing your audience and engaging authentically are essential for building a loyal listener base.• Monetizing a podcast requires strategy, trust, and consistent, valuable content.• Expanding to platforms like YouTube enhances visibility and provides added value through visuals.• Staying true to your message and believing in yourself is key to long-term podcasting success.Listen & Subscribe for More:

The future of AI is a topic of discussion in this soliloquy by R. Kenner French. He emphasizes the importance of being on the right side of AI and becoming a leader in the industry. The ethical components of AI are also highlighted, with the need for leaders to shape the future of AI in an ethical manner. Those who do not adopt AI may be left behind and potentially replaced by artificial intelligence. The potential benefits of using AI in business and expanding one's role at work are also mentioned. The soliloquy concludes with a reminder to invest time and resources in learning about AI to be part of the conversation and help shape its future.Takeaways• Being on the right side of AI and becoming a leader in the industry is advantageous.• Ethical considerations are important in shaping the future of AI.• Those who do not adopt AI may be left behind and potentially replaced by artificial intelligence.• Using AI in business can lead to growth, efficiency, and expanded roles at work.• Investing time and resources in learning about AI is beneficial for individuals and organizations.Sound Bites• The future of AI, will it be on the right side or the wrong side?• If you're not adopting AI, you're probably not going to be at the forefront.• Ethics aside, someone is going to be pushing the envelope as far as ethics go.Listen & Subscribe for More:

R. Kenner French shares three tax hacks for real estate investors. The three hacks discussed are: 1) utilizing a defined benefit plan to lower tax liability, 2) taking advantage of R&D tax credits for artificial intelligence investments, and 3) setting up a captive insurance company for risk mitigation and tax benefits. These hacks can help real estate investors save money legally, morally, and ethically.Takeaways• Utilizing a defined benefit plan can lower tax liability for real estate investors, especially if they have no employees.• R&D tax credits can be obtained for investments in artificial intelligence, providing a dollar-for-dollar tax credit.• Setting up a captive insurance company can offer tax deductions and allow for better management of funds.• These tax hacks can help real estate investors save money legally, morally, and ethically.Sound Bites• I have three tax hacks for real estate investors.• Defined benefit plans may lower your prior year's tax return.• R&D tax credits. Oh my gosh. Especially nowadays, everyone's doing artificial intelligence.Listen & Subscribe for More:

Chris Johnsen, a civil attorney specializing in business law, shares insights on selling a business and the importance of building structures and systems to make a business more marketable. He emphasizes the need to start thinking about selling a business about five years in advance and recommends resources like the book 'Clockwork' and the podcast by John Warrillow. Chris also discusses the significance of having clean and organized books, the role of attorneys in the selling process, and the benefits of infinite banking and self-directed investing.Takeaways• Start thinking about selling a business about five years in advance and focus on building structures and systems that make the business more marketable.• Having clean and organized books is crucial for a successful business sale.• Consider working with an attorney to navigate the selling process and protect your interests.• Explore the concept of infinite banking and self-directed investing as alternative financial strategies.Sound Bites• Start thinking about these things about five years out from the time that you want to sell your practice.• The number one deal killer is messy books.• It makes sense to meet with an attorney early on, even right after starting a business, to optimize the rate of return when selling.Listen & Subscribe for More:

R. Kenner French and Deborah Woodruff discuss a case study involving a client who is two years away from retirement and is uncertain about managing their 401k. They explore various options for rolling over the 401k into an IRA, the importance of conservative investing as retirement approaches, and the significance of asset allocation in retirement planning. The discussion emphasizes the need for a solid retirement plan and the flexibility to adjust investment strategies based on market conditions and personal confidence.Takeaways• The client is two years away from retirement and nervous about the economy.• Rolling over a 401k to an IRA can be tax neutral.• Investors should be more conservative as they approach retirement.• IRA is a tax-deferred strategy, not an investment itself.• Asset allocation is crucial for retirement planning.• Short-term investors should avoid aggressive investments.• Lifestyle funds adjust their investment strategy as retirement approaches.• Regularly revisiting the retirement plan is essential.• A solid plan helps guide investment decisions over time.• Without a plan, investors risk poor outcomes in retirement.Sound Bites• He's two years from retirement.• IRA is a banner of a congressional act.• It's not an investment, but it's a banner.• Without a good plan, you might end up in Texas.Listen & Subscribe for More:

Colby Jones discusses his expertise in event planning, particularly for entrepreneurs. He emphasizes the importance of budget management and how he aims to provide value without charging fees. He explains that there are no deals too small for him and shares insights on how he can help entrepreneurs save money while organizing successful events. He also highlights the significance of events in boosting business success and the collaborative approach he takes with clients to ensure their needs are met.Takeaways• Colby Jones is known for his expertise in event planning and cruises.• Budget is a primary concern for entrepreneurs when planning events.• Colby aims to provide the best value without charging high fees.• There is no deal too small for Colby when it comes to events.• Colby can help entrepreneurs make money through effective event pricing.• He has experience with large-scale events, including music festivals.• Building connections is crucial for successful events.• Events should be designed to minimize distractions for attendees.• Colby emphasizes collaboration in the event planning process.• He is launching a YouTube channel and podcast to share more insights.Sound Bites• I want your success, not your money.• Events are really easy to do.• I work for you, not against you.Listen & Subscribe for More:

R. Kenner French discusses the evolution of artificial intelligence (AI) and its significance for small business owners. He shares insights , highlighting key themes such as the importance of ethics in AI, the future applications of AI technology, and the growing adoption of AI in traditional industries. Kenner emphasizes the necessity for business owners to engage with AI to remain competitive and offers resources for further learning.Takeaways• AI is crucial for small business owners to stay relevant.• Attending AI conferences can provide valuable insights.Ethics in AI is becoming a significant concern.• The cost of AI technology is decreasing, making it more accessible.• Traditional industries are beginning to adopt AI solutions.• AI is evolving rapidly, with new applications emerging frequently.• Business owners should invest time in understanding AI.• Automation through AI can enhance business efficiency.• Networking with others in AI can foster innovation.• Resources like books can provide additional guidance for entrepreneurs.Sound Bites• AI is changing.• Spend an hour a day on AI.• Get a copy of my book.Listen & Subscribe for More:

Angela Duncan, also known as Miss Finance, discusses tax liens and their potential for high returns. She explains that tax liens are created when people don't pay their property taxes, and investors can buy these liens at auction. If the property owner doesn't pay the taxes, the investor may end up owning the property. Angela emphasizes the importance of doing thorough research and due diligence before investing in tax liens. She also mentions the potential tax advantages of investing in tax liens through qualified plans like Roth IRAs. She offers coaching and education on tax lien investing.Takeaways• Tax liens are created when property owners don't pay their taxes, and investors can buy these liens at auction.• Investors may end up owning the property if the owner doesn't pay the taxes.• Thorough research and due diligence are essential before investing in tax liens.• Investing in tax liens through qualified plans like Roth IRAs can offer potential tax advantages.• Angela Duncan offers coaching and education on tax lien investingSound Bites• Let's talk tax liens. Let's give the basics of tax liens.• You could get a huge rate of return.• Tax liens make a lot of sense.Listen & Subscribe for More:

Bob McIntosh, a marketing guru, shares valuable insights on building a successful business. He emphasizes the importance of having a professional and trustworthy website to boost credibility. Bob also highlights the significance of integrity in business and how it breeds trust with customers. He discusses his journey of building his marketing firm and the role of personal branding in attracting clients. Bob explains the impact of email marketing on his business growth and the power of building relationships through speaking engagements. In this conversation, He discusses the importance of email marketing and the high ROI it can generate. He emphasizes the power of storytelling in email marketing and how it can engage and connect with the audience. Bob also shares two mistakes he made in his business: not continuing to write emails consistently and not outsourcing fulfillment. He highlights the significance of follow-up in marketing and how it can build trust with customers. Overall, the conversation provides valuable insights into effective email marketing strategies and the importance of consistent follow-up.Takeaways• Invest in a professional website to enhance credibility and attract customers.• Integrity is crucial in building trust with clients and customers.• Personal branding can significantly contribute to business growth.• Email marketing remains a powerful tool for building relationships and generating leads.• Speaking engagements can be an effective way to connect with potential clients and showcase expertise. Email marketing can generate a high ROI, even if it's a quarter as good as the industry average.• Storytelling is a powerful tool in email marketing and can greatly improve its effectiveness.• Consistent follow-up is crucial in building trust with customers and increasing conversions.• Outsourcing tasks that you're not good at, such as fulfillment, can help your business grow faster.• A good CRM can automate follow-up communication and make it easier to stay in touch with customers.Sound Bites• Do not underestimate the power of a great website to boost your bottom line.• Integrity is utmost in what we do and breeds customers and clients who will believe in you.• 97% of people will judge your business's credibility based on only the design of your website.• Imagine spending $1 and getting $10 back.• Email marketing that works is storytelling at its finest.• Email marketing is the only way to go.Listen & Subscribe for More:

Asha Mankowska, a business mentor and consultant, shares valuable insights on scaling a business and increasing profitability. She emphasizes the importance of establishing a market dominating position and focusing on profitability rather than just revenue. She discusses the significance of attracting the right clientele and optimizing lead conversion. Asha provides a four-step conversion equation: interrupt, engage, educate, and offer. The conversation concludes with a discussion about future episodes and how listeners can connect with Asha.Takeaways• Establishing a market dominating position is crucial for business success.• Focusing on profitability is more important than just revenue.• Attracting the right clientele and optimizing lead conversion are key to business growth.• The four-step conversion equation: interrupt, engage, educate, and offer.• Future episodes will delve deeper into these topics.Sound Bites• Establishing a market dominating position is crucial for business success.• Focusing on profitability is more important than just revenue.• Attracting the right clientele and optimizing lead conversion are key to business growth.Listen & Subscribe for More:

J.Cron shares his entrepreneurial journey, from his early experiences in sales to becoming a key player in the creator economy with Kajabi. He reflects on the challenges and lessons learned through bankruptcy, the evolution of digital education, and the importance of community and authenticity in business. J.Cron emphasizes the unpredictable nature of success and the commitment required to achieve it, while also discussing his future aspirations and the impact of digital transformation on education.TakeawaysJ.Cron's journey reflects the unpredictable nature of entrepreneurship.Success often comes with a price that is only known after it's paid.Community and authenticity are crucial in today's business landscape.Resilience is key; bankruptcy can lead to valuable lessons.The creator economy is thriving, with more people embracing personal brands.Entrepreneurship is a transformational force that can positively impact society.The importance of interactivity and human connection in a digital world.Advising and investing in companies can provide flexibility for entrepreneurs.The journey of entrepreneurship requires commitment and perseverance.Sound BitesIf you're gonna fail, might as well fail big.Authenticity is the new currency.The desire for actual interactivity is going to ramp up massively.You have to commit to a journey before you know the cost.Life won't keep success from you if you don't give up.Listen & Subscribe for More:

Laurel Pendle explores essential strategies for small business owners looking to thrive in a competitive landscape. She discusses the importance of having a solid strategy, the role of marketing, and the significance of human connection in business. Laurel shares insights from her experience in turning around struggling businesses and emphasizes the need for a compelling online presence. The conversation also touches on leveraging technology and AI, aligning profits with purpose, and the importance of leadership in fostering a successful business environment.Takeaways• Having a strategy before you leap is essential in business.• Mindset for leadership is crucial for business success.• Outsourcing can help small business owners focus on growth.• Aligning profits with purpose is key to sustainable success.• Marketing should be consistent and targeted to the right audience.• Human connection is vital for retaining employees and clients.• Technology and AI can enhance business operations but should not replace human interaction.• A compelling online presence is necessary for attracting clients.• Creating a legacy through business is important for long-term impact.• Leadership skills are essential for guiding teams and fostering collaboration.Sound Bites• Aligning profits with purpose is essential.• You can't be everything to everyone.• Don't jump into all those different platforms.• Your website is not a stagnant website.• You have to have a solid structure.• The human connection is what was missing.• AI will never replace the human connection.Listen & Subscribe for More:

Joe Del Monte discusses strategies to lower taxes and achieve high rates of return through investing in oil and gas drilling. He highlights the simplicity of investing in oil and gas, the significant tax benefits, and the potential for good rates of return. Joe explains that investing in working interests in oil and gas wells allows for a massive deduction on the front end, reducing taxable income. He also discusses the three pillars of tax benefits: intangible drilling costs, tangible drilling costs, and tax-free income. Joe emphasizes the importance of investing in proven acreage and the role of reservoir engineering in reducing risk. He concluded by providing contact information for those interested in learning more about investing in oil and gas.Takeaways• Investing in working interests in oil and gas wells can provide significant tax benefits, including a massive deduction on the front end and the ability to write off intangible and tangible drilling costs.• The rates of return in oil and gas drilling can be good, but they are dependent on factors such as oil prices and the quality of the acreage being drilled.• Investing in proven acreage and utilizing reservoir engineering can help reduce risk and increase the chances of a successful investment.• The process of investing in oil and gas is relatively simple, with the ability to open an account online and receive regular updates and statements.Sound Bites• Tax savings and big rates of return.• You get a massive deduction on the front end for owning these working interests in new wells.• It's a clean way to go about reducing your taxable income.Listen & Subscribe for More:

Kenner and Liliana discuss the importance of having a registered agent for your business. They explain that a registered agent is necessary for receiving legal documents and mail on behalf of your business, and not having one can lead to penalties and legal issues. They emphasize that using a professional registered agent service ensures compliance and protects your assets. The conversation highlights the risks of not having a registered agent and the benefits of using a reputable service.Takeaways• Having a registered agent is crucial for receiving legal documents and mail on behalf of your business.• Not having a registered agent can lead to penalties and legal issues, including the piercing of the corporate veil.• Using a professional registered agent service ensures compliance and protects your assets.• Having a registered agent makes it harder for individuals to find and sue you, providing asset protection.Sound Bites• Let's talk about registered agents. How does that sound?• Not having a registered agent can lead to penalties and legal issues.• Using a professional registered agent service ensures compliance and protects your assets.Listen & Subscribe for More:

Jessica de Castro, a luxury marketing expert, about her background and tips for small business owners. She shares her experience working in luxury retail and how she transitioned into entrepreneurship. She emphasizes the importance of experiential marketing and collaborating with unexpected partners to create unique and memorable experiences for customers. She also discusses the value of effective marketing campaigns and immersive online experiences. She recommends having a tight and clean referral program as a powerful marketing tool. Overall, Jessica provides valuable insights and practical tips for small business owners looking to take their businesses to the next level.Takeaways• Experiential marketing is key in the luxury industry, and small businesses can leverage this approach to create unique and memorable experiences for their customers.• Collaborating with unexpected partners can help businesses stand out and create buzz.• Effective marketing campaigns, in which businesses show up in unexpected places, can generate excitement and intrigue.• Creating immersive online experiences, such as embedding audio or virtual reality elements, can engage customers and make the website more memorable.• Having a tight and clean referral program is a powerful marketing tool that can help businesses grow through word-of-mouth.Sound Bites• Collaborating with companies that are not expected• Effective marketing campaigns, showing up in places where you're not expected • Creating immersive online experiences, engaging multiple sensesListen & Subscribe for More:

R. Kenner French discusses his struggles with online visibility and marketing with expert Dhaval Patel. They explore the importance of domain authority, backlinks, and keyword rankings in improving search engine visibility. Dhaval provides actionable strategies for increasing domain authority, creating compelling content, and leveraging ads effectively. The discussion emphasizes the need for businesses to adapt to digital marketing trends and the significance of SEO in driving traffic and growth. In this conversation, R. Kenner French and Dhaval Patel discuss the evolution of link building, the importance of Google Ads in conjunction with organic search, and strategies for improving domain authority. They explore the significance of quality scores in Google Ads, the role of social media in SEO, and the costs associated with link building. The discussion emphasizes the need for engagement on social platforms and the importance of building real connections in the digital marketing landscape. Key takeaways include the necessity of a robust marketing reporting cadence and the value of networking in business growth.Takeaways• Domain authority is crucial for online visibility.• Backlinks from high-quality sites improve search rankings.• Keyword rankings indicate how well a site is optimized.• Setting up Google Analytics and Search Console is essential.• Creating valuable content can drive organic traffic.• Ads can complement SEO efforts for better results.• Networking can help acquire backlinks effectively.• Regularly updating content is important for SEO success. Link building has evolved significantly over the years.• Google Ads can impact organic search results.• Quality score is crucial for effective Google Ads campaigns.• Improving domain authority takes time and consistent effort.• Social media can enhance SEO if used correctly.• Engagement on social media is essential for driving traffic.• Costs for SEO and link building can vary widely.• Building connections with reputable sites is key to success.• Popularity plays a significant role in online marketing.• A robust marketing reporting system is vital for tracking progress.Sound Bites• You should have probably in the thousands.• Yup Google Analytics is vital.• Do keyword research to inform your strategy.• It was a wild West.• You can't just buy traffic.• It's a big high school game.• You need the popular person next to you.• Your value is in your network.• Have a robust marketing reporting cadence.Listen & Subscribe for More:

R. Kenner French and Liliana Falconer discuss Einstein, their proprietary artificial intelligence model used for CRM and business automation. They explain how Einstein improves customer service, streamlines workflows, and enhances the client journey. Kenner shares his decision to integrate Einstein into their business and offers advice for entrepreneurs looking to leverage AI. They also mention the inclusion of AI and Einstein as topics in their community.Takeaways• Einstein is a proprietary artificial intelligence model used for CRM and business automation.• It improves customer service and streamlines workflows.• Entrepreneurs can leverage AI to keep costs low and enhance service levels.• Learning about and integrating AI can help businesses stay ahead of the competition.• AI and Einstein are topics discussed.Sound Bites• What is Einstein? It's our proprietary model based on artificial intelligence.• Einstein is the foundation on which all of our business sits.• Subtle changes our clients will see: Our website now sits on the Einstein platform.Listen & Subscribe for More:

David Randolph is a real estate investor who specializes in short sales. He shares an example of a short sale where he bought a house for $250,000 and sold it the next day for $350,000, all within his Roth IRA, making the profit tax-free. David started in real estate after climbing the corporate ladder and realizing there was nothing on the other side. He became a rehabber and has been successful in selling renovated houses for a profit. He now teaches others how to do short sales and offers workshops and a mastermind group. In this conversation, David discusses his strategies for minimizing taxes and maximizing profits in real estate investing. He emphasizes the importance of seeking expert financial advice and using LLCs and retirement vehicles to reduce tax liabilities. He also shares his approach to short sales and how it can help families in financial distress while providing opportunities for investors. David highlights the benefits of being part of a supportive community and offers various resources for learning more about his methods.Takeaways• Short sales can be a lucrative way to make money in real estate, especially when done within a Roth IRA for tax-free profit.• David Randolph started in real estate after realizing there was no future in the corporate world.• He has been successful in rehabbing and selling houses for a profit.• David now teaches others how to do short sales and offers workshops and a mastermind group. Seek expert financial advice to minimize taxes and maximize profits in real estate investing.• Utilize LLCs and retirement vehicles to reduce tax liabilities.Short sales can provide opportunities for investors while helping families in financial distress.• Being part of a supportive community can enhance learning and success in real estate investing.Sound Bites• The dude we're gonna be hanging out with here today has made massive money for investors.How would you like to buy a house for 250 and sell it for 350 and do nothing in it?• Who is The David Randolph? Why don't we go there first? Who are you?• When you're making the kind of money I'm making, you got to get experts involved in it.• How much money do you want to spend this year? What do you want to buy this year to make you a happy wife, happy life?• Invest in a Roth environment because it grow. When you pull the money out, you do not have to worry about taxes.Listen & Subscribe for More:

John “Money” McKinley shares his extensive experience in real estate investing, emphasizing the importance of innovative financing options for investors. He discusses his journey from being an electrician to a successful real estate investor and introduces unique programs like the Investor 100 and Pass Go approval, which provide substantial financial support and streamline the approval process for potential buyers. The discussion highlights the significance of human interaction in the financing process and the potential for wealth creation through real estate investments, particularly in Texas.Takeaways• Real estate is a key way to acquire wealth.• John transitioned from construction to real estate investing.• The Investor 100 program offers full financing for distressed properties.• Investors can achieve 20% equity after renovations.• The Pass Go approval process provides a competitive edge.• Human touch in financing is crucial for client relationships.• Investors need to act quickly in a competitive market.• Successful case studies demonstrate the effectiveness of financing programs.• Equity in properties can significantly increase rental income.• Communication is key in the financing process.Sound Bites• He has 25% equity in that property.• We thoroughly review everything.• It's as good as cash.Listen & Subscribe for More:

David Olds discusses how his company adds value to real estate investors by taking care of paperwork and transaction coordination. He emphasizes the importance of focusing on the aspects of the business that are enjoyable. David shares his journey as a real estate investor and how he realized the need for transaction coordination services. He also highlights the significance of building a tribe and finding like-minded individuals to lean on for support and inspiration. David concludes by encouraging investors to treat sellers and buyers with respect and to choose a niche in real estate that aligns with their interests and strengths.Takeaways• Outsourcing paperwork and transaction coordination allows real estate investors to focus on the aspects of the business that bring joy and generate revenue.• Building a tribe of like-minded individuals provides support, inspiration, and a sense of community in the real estate industry.• Treating sellers and buyers with respect and integrity is crucial for maintaining a positive reputation as a real estate professional.• Choosing a niche in real estate that aligns with one's interests and strengths can lead to greater success and fulfillment in the business.Sound Bites• We add value by taking stuff off of our clients' plate, allowing them to focus on the things that move the needle and bring joy.• Outsourcing paperwork and transaction coordination is like taking broccoli and asparagus off your plate.• Social media is like reality TV. People love seeing behind the scenes and the real side of real estate.Listen & Subscribe for More:

R. Kenner French and Brandy Best discuss the importance of financial awareness for entrepreneurs, particularly in the real estate sector. They explore the role of a fractional CFO, the significance of understanding key performance indicators (KPIs), and the necessity of effective bookkeeping. The discussion emphasizes the value of having a financial expert to help business owners navigate their finances, optimize their spending, and ultimately save money. Brandy shares her background and expertise, highlighting common financial mistakes entrepreneurs make and the importance of regular financial reviews.Takeaways• Entrepreneurs must track their finances to understand where their money goes.• Hiring a fractional CFO can provide strategic financial guidance.• Key performance indicators (KPIs) are crucial for measuring business success.• Marketing spend should be around 20% of gross revenue for real estate businesses.• Regular bookkeeping is essential for accurate financial reporting.• Business owners often overlook hidden reserves in their finances.• A virtual CFO can help optimize expenses and improve profit margins.• Understanding financial metrics can lead to better decision-making.• Collaboration with tax advisors and bookkeepers enhances financial management.• Financial awareness is key to business growth and sustainability.Sound Bites• We're talking money.• You could save a lot of money.• Garbage in, garbage out.Listen & Subscribe for More:

Ben Polley discusses the transformative impact of artificial intelligence (AI) on businesses, emphasizing the necessity for entrepreneurs to adopt AI technologies to remain competitive. He explores various applications of AI, particularly in automating processes, enhancing client engagement, and improving operational efficiency. The discussion also highlights specific tools and resources that can aid business owners in implementing AI effectively, especially in the real estate sector. The conversation concludes with a call to action for business owners to embrace AI and leverage its capabilities for growth and success.Takeaways• AI is essential for modern businesses to thrive.• Automation through AI can significantly enhance efficiency.• Understanding how to leverage AI is crucial for success.• AI tools can help streamline client onboarding processes.• The landscape of AI is rapidly evolving; staying updated is vital.• AI can assist in creating marketing funnels for businesses.• Business owners can use AI to automate repetitive tasks.• Asking the right questions is key to utilizing AI effectively.• AI can provide insights and solutions that were previously manual tasks.• Embracing AI can lead to exponential business growth.Sound Bites• AI is changing everything.• AI can do everything for you.• Stay ahead of the edge with AI.Listen & Subscribe for More:

R. Kenner French from VastSolutionsGroup.com discusses strategies for small business owners to minimize tax liabilities when selling their businesses. He introduces the 453A capital gains tax strategy, explaining how it allows sellers to postpone tax payments and receive a tax-free monetization loan. The discussion covers the roles of various parties in the transaction, compares traditional tax transactions with the 453A strategy, and emphasizes the importance of professional guidance and long-term financial planning. Kenner also highlights the potential financial benefits of these strategies and encourages listeners to seek expert advice.Takeaways• Selling a business can lead to significant tax liabilities.• The 453A strategy allows for tax postponement.• Understanding constructive receipt is crucial for tax planning.• Monetized installment sales can provide tax-free loans.• Third-party involvement can simplify the selling process.• Comparing tax transactions helps in decision-making.• Timing is essential in tax planning for business sales.• Professional guidance can enhance business valuation.• Long-term financial planning is key to tax efficiency.• Engaging with experienced advisors can lead to better outcomes.Sound Bites• You can postpone your tax bill legally!• You can push off taxes for 30 years!• Do you want to save $789,000?Listen & Subscribe for More:

Bill Fairman interviews about ways to make big money in real estate. He discusses the benefits of being on the banking side of real estate, such as lower risk and less responsibility for property management. He also explores the concept of self-directed retirement accounts and how they can be used to invest in real estate. Bill emphasizes the importance of generating passive income in retirement and being tax-efficient in investment strategies.Takeaways• Real estate is a longer-term process, not a quick way to get rich.• Being on the banking side of real estate is safer and less risky.• Compounding returns can significantly increase investment growth over time.• Investors should focus on return on effort rather than just return on investment.• Self-directed retirement accounts can be a powerful tool for real estate investment.• Understanding local market dynamics is crucial for successful investing.• Diversification in investments can mitigate risks.• Investing in recession-resistant properties can provide stability.• Tax efficiency is key in retirement planning and investment strategies.• Investors should not alter their lifestyle just because they retire. They should aim for sustainable income.Sound Bites• Getting rich is not right off the bat.• I look at return on effort, ROE.• Don't do the accumulation model.Listen & Subscribe for More:

Phillip Vincent shares his expertise in the senior living industry and how real estate agents can tap into this niche market. He explains that when seniors move into senior living communities, they often need to sell their homes to pay for their care, making them a valuable source of real estate leads. Phillip discusses the opportunity for real estate agents to become referral and placement agents, helping families find the right senior living community and earning referral fees. He emphasizes the importance of building relationships and providing value in this industry. He also offers a special offer of providing thousands of leads to interested individuals.Takeaways• Senior living communities are a valuable source of real estate leads as seniors often need to sell their homes to pay for their care.• Real estate agents can become referral and placement agents, helping families find the right senior living community and earning referral fees.• Building relationships and providing value are key to success in the senior living industry.• There is a significant opportunity in the senior living market as the aging population continues to grow.Sound Bites• I discovered what I found to be the best real estate leads source I've ever found.• When you refer Bob to Garden View and it's 10 grand a month to live there.• This is lead acquisition or aggregation in the organic way, the most pure way of the best real estate leads I've ever found.Listen & Subscribe for More:

Justine Mader discusses the power of referrals in growing a business. She shares her experience of building her business through referrals and emphasizes the importance of utilizing this long-term tool. She discusses the basics of referrals, including starting with your network and creating a digital presence. She also touches on the importance of automation in managing referrals and optimizing Google reviews for better SEO and customer trust. Justine provides valuable insights and tips for business owners looking to leverage referrals to grow their business. In this conversation, Justine r discusses the importance of referrals and automation in business. She explores how to optimize referrals using AI and business automation tools. She emphasizes the need for intentionality and focusing on building relationships with clients. She also touches on the power of reviews and the role of AI in various aspects of business. The conversation concludes with a reminder that AI cannot replace the human touch and the importance of being present in both business and personal life.Takeaways• Referrals are a powerful tool for growing a business and should not be overlooked in favor of other marketing strategies.• Start with your network when seeking referrals, including friends, family, previous clients, and colleagues.• Create a digital presence, such as a Google Business Profile, to boost credibility and make it easier for people to find and contact you.• Automation can help streamline the referral process and ensure consistency in asking for and receiving referrals.• Optimizing Google reviews is crucial for better SEO and building trust with potential customers.• Simplicity and prioritization are key in managing referrals and optimizing business processes. Focus on building relationships with clients and utilizing referrals as the foundation of your business.• Use automation and AI tools to optimize the referral process and streamline business operations.• Be intentional and prioritize where you allocate your time, energy, and resources.• Remember that AI cannot replace the human touch and the value of personal connections.• Utilize reviews and leverage your network to expand your reach and attract new clients.Sound Bites• Referrals really can grow your business.• We're all looking for a way to take a greater impact.• Start off with your network.• Figure out where your dollars are gonna go the furthest.• Look at your industry. Who are the top ones that are working for that style? • It has to be within the allocated budget. It has to have decent support.Listen & Subscribe for More:

Kenner and Liliana discuss Einstein, their proprietary artificial intelligence model used for CRM and business automation. They explain how Einstein improves customer service, streamlines workflows, and enhances the client journey. Kenner shares his decision to integrate Einstein into their business and offers advice for entrepreneurs looking to leverage AI. They also mention the inclusion of AI and. Einstein as topics in their community.Takeaways• Einstein is a proprietary artificial intelligence model used for CRM and business automation.• It improves customer service and streamlines workflows.• Entrepreneurs can leverage AI to keep costs low and enhance service levels.• Learning about and integrating AI can help businesses stay ahead of the competition.• AI and Einstein are topics discussed.Sound Bites•What is Einstein? It's our proprietary model based on artificial intelligence.• Einstein is the foundation on which all of our business sits.• Subtle changes our clients will see: Our website now sits on the Einstein platform.Listen & Subscribe for More:

R. Kenner French discusses tax-free investing and ways to make money on a tax-free basis. He explains the importance of tax advantage investing and retirement income that you cannot outlive. He discusses the need for a rate of return that allows you to live for a long time without running out of money and the impact of taxes on retirement income. The conversation also explores different types of life insurance policies and their benefits, as well as the advantages of annuity investing. Kenner provides strategies for tax-free and tax-deferred income and emphasizes the importance of consulting with professionals to optimize your financial situation.Takeaways• Tax advantage investing is important for retirement income that you cannot outlive.• Consider different types of life insurance policies and their benefits for tax-free investing.• Annuity investing can provide guaranteed income for retirement.• Consult with professionals, such as CPAs and financial advisors, to optimize your financial situation.• Understand the tax strategies and advantages of different investment options.Sound Bites• Tax free, tax free, two words that you should love when they're combined to equal tax free.• Sometimes it does make sense because of the tax-free element.• The government does not tax life insurance death proceeds at all.Listen & Subscribe for More: