Podcasts about peak profit solutions

Today, we have a very special guest joining us, who refers to himself as a tax savings architect. Mark Myers is the CEO of Peak Profit Solutions, and a former Marine Corps Sergeant.  Mark has over 20 years of successful business operation, ownership, and consulting experience under his belt. He has helped thousands of individuals increase their profits and permanently reduce their annual tax bills, enabling them to better grow their businesses. We're excited to have him on the show today to share his insights and strategies with our audience.

In this episode of Money Talkies once again we speak to Mark Myers. Mark served in the marines for eight plus years and received the distinguished Medal Award and Robert A. Mette Award for Outstanding Leadership.  Today, he's the Founder and the CEO of Peak Profit Solutions, a financial services company that for 15 plus years, has helped thousands of business owners permanently reduce their tax bills on average of fifty percent without replacing their CPAs or financial investment advisers.  And today we speak to him to find out how you can treat your tax as a profit centre. How? Let's find out! Connect with Mark here: Website: https://peakprofitsolutions.com/ LinkedIn: https://www.linkedin.com/in/markshannonmyers/ Ready to rewrite your money story? Register to my Five Day Millionaire Mindset Makeover Workshop here: https://www.abundancemindsetmakeover.com/ Visit our website for more information: http://gullkhan.com/

Today we're on another episode of our Friday Feature where we talk with astounding entrepreneurs and their success stories. In today's episode we're speaking to Mark Myers.  Mark served in the marines for eight plus years and received the distinguished Medal Award and Robert A. Mette Award for Outstanding Leadership.  Today, he's the Founder and the CEO of Peak Profit Solutions, a financial services company that for 15 plus years, has helped thousands of business owners permanently reduce their tax bills on average of fifty percent without replacing their CPAs or financial investment advisers.  So let's speak to Mark and find out how he changed his life by changing his mindset.  Let's find out! And if you want to upgrade your money mindset, then click on the link https://www.millionairefoundations.com/ and watch my free training. Connect with Mark here: Website: https://peakprofitsolutions.com/ LinkedIn: https://www.linkedin.com/in/markshannonmyers/ Ready to rewrite your money story? Register to my Five Day Millionaire Mindset Makeover Workshop here: https://www.abundancemindsetmakeover.com/ Visit our website for more information: http://gullkhan.com/

Do you dread tax season? Feel like you're leaving money on the table when that tax bill arrives? In this episode, Abel Pacheco sits down with Mark Myers, founder of Peak Profit Solutions and self-described "tax savings architect." If you're eager to gain insider knowledge on how the top 1% navigates the complex tax code, don't miss this conversation. You'll come away with actionable steps to legally minimize taxes and avoid overpaying Uncle Sam. The savings could be life changing. It's time to get strategic and unleash the full potential of what Mark calls "the profit center hiding in your tax return."[00:00 - 15:59] - Opening SegmentMark introduces himself as a tax savings architectOutlines his role in reducing taxes legally without replacing CPAsDiscusses ideal clients like high income W2 earners and business ownersMore income provides more opportunities for tax savings[15:60 - 30:45] - The Importance of Being Strategic With TaxesFor business owners selling assets, do pre-sale planningShift income assignment to more tax efficient entitiesAllows for continuing tax deferral compared to owing at sale[30:45 - 32:51] - Tax Savings “Coupon #1”Use the "Augusta rule" to rent primary residence to your businessCreates up to $40k in tax-free rental income each year[32:51 - 37:35] - Tax Savings “Coupon #2”Donate appreciated assets to charity to get a larger deductionDeduction can be 4x your cost basis in the donated assetLimited to 30% of AGI for these types of donations[37:35 - 41:34] - Tax Savings “Coupon #3"Invest in solar projects to get 50-60% tax creditsPlus accelerated depreciation and cash flow from energy paymentsOverall can get back more than invested in tax savings[41:35 - 47:47] - Final ThoughtsEmphasizes being proactive, not reactive with tax planningHave a consultation on strategies for future yearsKey Quote:"My goal is always to reduce my client's taxes by at least 25%, but sometimes I can reduce it by as much as 80%." - Mark MyersConnect with Mark through his Website!Connect with me:www.5talents.capitalLinkedInInstagramWatch 5T CRE on YouTubeLeave us a review and receive your free ebookEmail us --> abel@5tcre.com 5 TALENTS CAPITAL | ABEL PACHECOIf you are ready to start your investment journey with 5 Talents Capital, here are the next steps you should take:View our informational video and case study at https://5talents.capital/grow-your-wealth/After viewing the video follow the prompts which will lead you to a scheduling link to meet one on one with Abel Pacheco. Register for our investor portal here investor portal once registered you will be able to review some of our past deals and you will receive alerts for upcoming investment opportunities.I Help People Build Wealth And 10X THEIR MONEY By Establishing Multiple Income Streams Through Multi-Family Real Estate Investments.Our blueprint to financial freedom is streamlined so you can get going in multifamily commercial real estate investments fast. Support the show

Welcome to another episode of "Accelerate Your Business Growth" with your host, Diane Helbig! In today's episode, we have a special guest joining us, Mark Myers. Mark brings a wealth of knowledge and expertise in helping business owners and high-income earning professionals navigate the complex world of tax liability. In this episode, Mark sheds light on the role of Certified Public Accountants (CPAs) as conservative resources on a team, especially when it comes to tax liability. He discusses how relying solely on your CPA may not maximize your deductions or take advantage of potential savings. Mark shares valuable insights on popular tax credits, such as those for purchasing solar panels, and how companies like Wells Fargo and Amazon have leveraged them. But it's not just for big companies! Mark explains how individuals can also benefit from these tax credits and explores creative options like installing solar panels on third-party buildings. He also emphasizes the importance of planning ahead and working with professionals like accountants, tax preparers, and financial advisors to optimize tax planning and reduce liabilities. Remember to visit peakprofitsolutions.com to access case studies, book a 20-minute appointment, and explore available resources. Mark Myers served in the Marines for 8+ years, and received the Distinguished Medal Award and Robert A. Mette Award for outstanding leadership. Today, he is the Founder and CEO of Peak Profit Solutions, a financial services company that for 15+ years has helped thousands of business owners permanently reduce their tax bill on average by 50% without replacing their CPAs or financial investment advisors. If you are a small business owner or salesperson who struggles with getting the sales results you are looking for, get your copy of Succeed Without Selling today. Learn the importance of Always Be Curious. Accelerate Your Business Growth is proud to be included on the list of the 45 Best Business Growth Podcasts. Each episode of this podcast provides insights and education around topics that are important to you as a business owner or leader. The content comes from people who are experts in their fields and who are interested in helping you be more successful. Whether it's sales challenges, leadership issues, hiring and talent struggles, marketing, seo, branding, time management, customer service, communication, podcasting, social media, cashflow, or publishing, the best and the brightest join the host, Diane Helbig, for a casual conversation. Discover programs, webinars, services, books, and other podcasts you can tap into for fresh ideas. Be sure to subscribe so you never miss an episode and visit Helbig Enterprises to explore the many ways Diane can help you improve your business outcomes and results. Tax Strategy for Small Business Owners: "If you can create a deduction for your business that lowers the net profit, but that expense from the business goes to the business owner's personal bank account and is not taxable, That's a pretty good deal, and we can do that every single month of the year." — Mark Myers 00:13:35 CPAs and Coupon-Cutting: "Your CPA is generally going to be the most conservative, resource on your team. Most do not have the bandwidth nor the desire to seek out these coupons and help their clients apply them." — Mark Myers 00:27:33 Learn more about your ad choices. Visit megaphone.fm/adchoices

Episode page with transcript, video, and more My guest for Episode #224 of the My Favorite Mistake podcast is Mark Myers. Mark is the founder of Peak Profit Solutions and a Tax Savings Architect. He brings over 20 years of successful business operation and high-level consulting experience to the clients and financial professionals he services. Mark employs the same discipline and tenacity in finding tax savings as he did serving his country as a former Marine Corps Sergeant in Bravo Company 4th Marine Division. In this episode, Mark shares his favorite mistake story from a previous business, where he was “overconfident” — not getting mentors or help when working in the high-end health club industry. Why did he vow to never repeat this mistake? What does he do differently now? We also discuss leadership lessons from the Marine Corps. We dive deeply into the world of tax strategies, including what are “red flags” of “unscrupulous” approaches? What mistakes are made when trying to understand or apply United States tax laws to a business? Mark Myers Was Overconfident & Didn't Have a Mentor; Vowed Not to Repeat That Mistake posted on AUGUST 19, 2023FILED UNDER: MY FAVORITE MISTAKETAGGED WITH: CEO, COACH, ENTREPRENEUR, MENTORING, MISTAKES Check out all episodes on the My Favorite Mistake main page. My guest for Episode #224 of the My Favorite Mistake podcast is Mark Myers. Mark is the founder of Peak Profit Solutions and a Tax Savings Architect. He brings over 20 years of successful business operation and high-level consulting experience to the clients and financial professionals he services. Mark employs the same discipline and tenacity in finding tax savings as he did serving his country as a former Marine Corps Sergeant in Bravo Company 4th Marine Division. In this episode, Mark shares his favorite mistake story from a previous business, where he was “overconfident” — not getting mentors or help when working in the high-end health club industry. Why did he vow to never repeat this mistake? What does he do differently now? We also discuss leadership lessons from the Marine Corps. We dive deeply into the world of tax strategies, including what are “red flags” of “unscrupulous” approaches? What mistakes are made when trying to understand or apply United States tax laws to a business? Questions and Topics: What mentor or help did you look for or bring in? Thought he was indestructible Guarding against overconfidence now?  Tell us more about Peak Profit Solutions – why start advising business owners this way? Why this focus and this interest?  You are not a CPA but working with them and financial advisors?  Compliance questions for advisors vs. tax law? Tax efficiency or minimizing taxes without anything that's illegal? What's a red flag of “unscrupulous”? Black and white — IRS interpretation of that law? What questions should we ask an accountant to see if they are a good fit? Book a free consultation --- Support this podcast: https://podcasters.spotify.com/pod/show/favorite-mistake/support

Have you ever used coupons when grocery shopping? Or maybe you have seen one of those TV shows with coupon experts that can purchase carts full of groceries for a small fraction of the retail cost? Well, if you enjoy free money and saving with coupons, you are going to love today's episode.  Our guest today is Mark Myers, CEO at Peak Profit Solutions, and he shares with us how the U.S. tax code is full of what he calls, ‘tax coupons' that can save businesses and high-income earners 30% to 60% in their taxable income. TODAY'S WIN-WIN:"Tax coupons" exist in the thousands of pages of tax code that can be used when applicable and followed as described.**This episode is not intended to provide tax advice. Please consult with your CPA or tax advisors for tax specific decisions.**LINKS FROM THE EPISODE:You can visit our guest's website at: https://peakprofitsolutions.com/Subscribe to our guest on social media;https://www.linkedin.com/in/markshannonmyers/https://www.facebook.com/p/Peak-Profit-Solutions-100070893383261/Attend our Franchise Sales Training Workshop: https://bigskyfranchiseteam.com/franchisesalestraining/If you are ready to franchise your business or take it to the next level: CLICK HERE.ABOUT OUR GUEST:Mark Myers served in the Marines for 8+ years, and received the Distinguished Medal Award and Robert A. Mette Award for outstanding leadership.  Today, he is the Founder and CEO of Peak Profit Solutions, a financial services company that for 15+ years has helped thousands of business owners permanently reduce their tax bill on average by 50% without replacing their CPAs or financial investment advisors. Over 90% of America's successful small and medium-sized businesses significantly overpay in tax, even if they're working with a highly experienced CPA or accounting firm. Today, they have helped thousands of companies increase profits and permanently reduce their annual tax bills so they can scale faster and accelerate their wealth.ABOUT BIG SKY FRANCHISE TEAM:This episode is powered by Big Sky Franchise Team. If you are ready to talk about franchising your business you can schedule your free, no-obligation, franchise consultation online at: https://bigskyfranchiseteam.com/ or by calling Big Sky Franchise Team at: 855-824-4759.   

In this episode of Zero to CEO, Mark Myers, Tax Savings Architect and Founder/CEO of Peak Profit Solutions, shares insights on how to turn your tax bracket into a profit center. With over 15 years of experience helping thousands of business owners permanently reduce their tax bill by an average of 50%, Mark explains how even highly experienced CPAs or accounting firms can miss out on significant tax savings. Mark also covers topics such as how high income earners can reduce their annual tax by 30 to 60%, how to reduce or eliminate long-term capital gains, and how to get the IRS to fund a portion of your retirement 100% tax-free. Tune in to learn more about maximizing your tax savings and accelerating your wealth.

Over 90% of America's successful small and medium-sized businesses significantly overpay in tax, even if they are working with a highly experienced CPA or accounting firm.Most individuals that sell highly appreciated assets do not know that they can significantly reduce or eliminate their capital gains tax if the sale is structured properly.Most high-income earning W-2 employees do not know they can reduce or eliminate their tax with special, government-approved programs.We help our clients accomplish all of the above WITHOUT replacing their CPA or Investment Advisor(s).We also DO NOT provide standard depreciation, expense-related, or tax deferral advice.We bring highly experienced and skilled tax attorneys, accountants, and business strategists to the table to work with you.We have helped thousands of individuals significantly and permanently reduce their annual tax bill to help them better grow their businesses and accelerate their wealth.Ask us about our Fortune 100 caliber tax savings analysis that can be completed in less than 5 business days. It's not what you earn, it's what you keep!Learn more: https://peakprofitsolutions.com/Influential Entrepreneurs with Mike Saundershttps://businessinnovatorsradio.com/influential-entrepreneurs-with-mike-saunders/Source: https://businessinnovatorsradio.com/interview-with-mark-myers-founder-of-peak-profit-solutions

Over 90% of America's successful small and medium-sized businesses significantly overpay in tax, even if they are working with a highly experienced CPA or accounting firm.Most individuals that sell highly appreciated assets do not know that they can significantly reduce or eliminate their capital gains tax if the sale is structured properly.Most high-income earning W-2 employees do not know they can reduce or eliminate their tax with special, government-approved programs.We help our clients accomplish all of the above WITHOUT replacing their CPA or Investment Advisor(s).We also DO NOT provide standard depreciation, expense-related, or tax deferral advice.We bring highly experienced and skilled tax attorneys, accountants, and business strategists to the table to work with you.We have helped thousands of individuals significantly and permanently reduce their annual tax bill to help them better grow their businesses and accelerate their wealth.Ask us about our Fortune 100 caliber tax savings analysis that can be completed in less than 5 business days. It's not what you earn, it's what you keep!Learn more: https://peakprofitsolutions.com/Influential Entrepreneurs with Mike Saundershttps://businessinnovatorsradio.com/influential-entrepreneurs-with-mike-saunders/Source: https://businessinnovatorsradio.com/interview-with-mark-myers-founder-of-peak-profit-solutions

In this episode, Jim James meets Mark Myers, the Founder of Peak Profit Solutions, a financial services and business advice company. Myers talks about how he transitioned from managing other people's companies to becoming an entrepreneur and founding his own business. He also talks about how he found a niche within the financial services industry by focusing on tax planning and how this niche helped his business stand out from competitors. Throughout the conversation, Myers shares his expertise in tax planning and how his approach has helped his clients save money and become more profitable, the importance of finding a niche within your industry and leveraging it to provide value to clients, and also stresses the importance of having a deep understanding of your work and niche and how this knowledge can be used to help businesses grow. The UnNoticed Entrepreneur podcast is sponsored by Prowly, the all-in-one software for leveraging PR activities. Boost the media relations game for your business - get more coverage while saving time and money on everyday tasksPost-production, transcript and show notes by XCD Virtual AssistantsSupport the showAm I adding value to you?If so - I'd like to ask you to support the show.In return, I will continue to bring massive value with two weekly shows, up to 3 hours per month of brilliant conversations and insights.Monthly subscriptions start at $3 per month. At $1 per hour, that's much less than the minimum wage, but we'll take what we can at this stage of the business.Of course, this is still free, but as an entrepreneur, the actual test of anything is if people are willing to pay for it.If I'm adding value to you, please support me by clicking the link now. Go ahead, make my day :)Support the show here.

In this episode, Jim James meets Mark Myers, the Founder of Peak Profit Solutions, a financial services and business advice company. Myers talks about how he transitioned from managing other people's companies to becoming an entrepreneur and founding his own business. He also talks about how he found a niche within the financial services industry by focusing on tax planning and how this niche helped his business stand out from competitors. Throughout the conversation, Myers shares his expertise in tax planning and how his approach has helped his clients save money and become more profitable, the importance of finding a niche within your industry and leveraging it to provide value to clients, and also stresses the importance of having a deep understanding of your work and niche and how this knowledge can be used to help businesses grow. The UnNoticed Entrepreneur podcast is sponsored by Prowly, the all-in-one software for leveraging PR activities. Boost the media relations game for your business - get more coverage while saving time and money on everyday tasksPost-production, transcript and show notes by XCD Virtual AssistantsSupport the showAm I adding value to you?If so - I'd like to ask you to support the show.In return, I will continue to bring massive value with two weekly shows, up to 3 hours per month of brilliant conversations and insights.Monthly subscriptions start at $3 per month. At $1 per hour, that's much less than the minimum wage, but we'll take what we can at this stage of the business.Of course, this is still free, but as an entrepreneur, the actual test of anything is if people are willing to pay for it.If I'm adding value to you, please support me by clicking the link now. Go ahead, make my day :)Support the show here.

Mark Myers is the Founder and CEO of Peak Profit Solutions.  Mark helps individuals reduce or eliminate tax without replacing their CPAs or financial investment advisors. Mark is a former Marine Corp Sergeant that brings over 20 years of successful business operation, ownership and high level consulting experience to the table for the clients and financial advisors he services.  His company Peak Profit Solutions and its affiliate partners have helped thousands of individuals increase profit and permanently reduce their annual tax bill to help them better grow their business and accelerate their wealth.   During the show we discuss: How to Increase the Profits in Your Business  Why Most Business Owners Pay More Than They Should in Taxes Examples of How to Work Within the Tax Code to Take Advantage of Opportunities Why You Need to Tax Action Early to Save a Lot on Taxes The Moves You MUST Make Before Selling Your Business to Avoid Taxes How to Eliminate Long-Term Capital Gains When Selling Assets that Have Risen in Value How to Avoid Long-Term Capital Gains on Sale of Property How to Reduce Long-Term Capital Gains How to Negate Capital Gains Strategies that Help W2 Wage Earners Save on Taxes  How Long You Have to Keep a Property to Avoid Capital Gains Tax How to Avoid Paying Capital Gains Tax on a Rental Property How to Avoid Capital Gains Tax on a Second Property How to Roll Capital Gains into Another Property   Show resources: https://peakprofitsolutions.com/

Mark Myers served in the Marines for 8+ years, and received the Distinguished Medal Award and Robert A. Mette Award for outstanding leadership. Today, he is the Founder and CEO of Peak Profit Solutions, a financial services company that for 15+ years has helped thousands of business owners permanently reduce their tax bill on average by 50% without replacing their CPAs or financial investment advisors. Over 90% of America's successful small and medium-sized businesses significantly overpay in tax, even if they're working with a highly experienced CPA or accounting firm. Today, they have helped thousands of companies increase profits and permanently reduce their annual tax bills so they can scale faster & accelerate their wealth. Social Media Links: https://www.linkedin.com/in/markshannonmyers/

How much are you keeping for every dollar you make? Taxes can become the bane of your financial existence, especially if you don't know how to handle and navigate them. Here to share advanced tax strategies to help reduce or even eliminate your tax burdens is Mark Myers. Mark is the Founder of Peak Profit Solutions, helping thousands of individuals increase profit and permanently reduce their annual tax bills to better grow their business and accelerate their wealth. In this episode, he joins Matt Fore to share how you can use the tax code to your advantage and keep more profit. It's all about planning ahead and knowing which investments to make. Mark goes through the different real estate benefits, the solar tax credit, charitable giving, and other opportunities. Learn different ways you can stop losing money in taxes by tuning in.   Guest Links: Email: Mark@PeakProfitSolutions.com Website: https://peakprofitsolutions.com/ (PeakProfitSolutions.com) Phone Number: 310-591-0234 LinkedIn https://www.linkedin.com/in/markshannonmyers/ (https://www.linkedin.com/in/markshannonmyers/)

Mark Myers is the founder of Peak Profit Solutions, and he's a Tax Savings Architect. As stated on his website, “Peak Profit Solutions and its affiliate partners have helped thousands of individuals increase profit and permanently reduce their annual tax bill to help them better grow their business and accelerate their wealth.” In this “Growing Your Firm” podcast, CEO and founder of Jetpack Workflow, David Cristello, discusses five tax-saving strategies for accounting clients. He interviews Mark Myers, the founder of Peak Profit Solutions. During this interview, Mark gives insight into several different ways to save on taxes in your life.

Peak Profit Solutions have been helping companies reduce their tax bill permanently for 15+ years. In this episode, Adam Torres and Mark Myers, Founder and Tax Saving Architect at Peak Profit Solutions, explore how business owners can reduce their tax bill without replacing their CPAs or financial investment advisors. Follow Adam on Instagram at https://www.instagram.com/askadamtorres/ for up to date information on book releases and tour schedule.Apply to be interviewed by Adam on our podcast:https://missionmatters.lpages.co/podcastguest/Visit our website:https://missionmatters.com/

Peak Profit Solutions have been helping companies reduce their tax bill permanently for 15+ years. In this episode, Adam Torres and Mark Myers, Founder and Tax Saving Architect at Peak Profit Solutions, explore how business owners can reduce their tax bill without replacing their CPAs or financial investment advisors. Follow Adam on Instagram at https://www.instagram.com/askadamtorres/ for up to date information on book releases and tour schedule.Apply to be interviewed by Adam on our podcast:https://missionmatters.lpages.co/podcastguest/Visit our website:https://missionmatters.com/

Kurt Wilkin:                  The disruption piece is most recruiters are trying to fill a seat. You got an empty chair, well, yeah, give me a job description and we'll start throwing it against the wall. What we created was a strategic approach and said, "You know what? You say you've got an empty chair. I want to understand what that chair is doing. How does it interact with the rest of the chairs?" Keep the analogy going. We created something we call strategic talent planning. It's our way of taking your business plan, your financial forecast, your hopes and dreams. What do you need to do to accomplish those hopes and dreams? What does your existing team look like? Then, let's start thinking about what you need to add.Thryv:                           The following is brought to you by Thryv, the end-to-end client experience platform that helps you get the job, manage the job, and get credit.Gordon Henry:              Hey. Hey. This is Gordon Henry, at Winning on Main Street. This week, we're fortunate to spend time with an expert in the field of hiring and building the people side of your business, Kurt Wilkin. Welcome, Kurt.Kurt Wilkin:                  Hey, thanks so much for having me, Gordon.Gordon Henry:              Great to have you. Brief intro on Kurt. Kurt Wilkin is a connector of dots, ideas, and people. He's the co-founder and visionary of HireBetter, a recruiting firm out of Austin, Texas. He authored the book Who's Your Mike?: A No-BS Guide to the People You'll Meet on Your Entrepreneurial Journey, and also the ebook, The Recruiting Industry is Broken. Prior to founding HireBetter, Kurt founded and led the controller group, TCG, professional services firm focused on accounting, technology and recruiting, which he and his partner sold to Tatum in 20... Or 2006.                                    Kurt began his career as an accountant with Ernst & Young, where he worked with early stage in high growth, middle market clients. Kurt's an active at angel investor, managing partner Bee Cave Capital, and he sits on the boards of several companies, a nonprofits. He lives in the Austin, Texas area. He has a wife and three sons, and he loves coaching youth sports. Me too. That's near and dear to my heart, Kurt. Kurt, tell us in 2011, this is after you've exited The Controller Group. You bought HireBetter, right? Your goal was, I think, to disrupt recruiting. What did that mean to you, and did you? Have you disrupted recruiting?Kurt Wilkin:                  Yeah, it's a great question. I set out to change everything I knew about the recruiting industry. I felt like, and still believe, much of it is dastardly broken. You mentioned the ebook, The Recruiting Industry is Broken. I came in and changed everything. The way recruiters are paid, the way they recruit, the types of roles they recruit and everything. In fact, it was so funny. I would talk to my friends. They're like, "Oh, tell me what you're doing." I'd word vomit on them, right? After 10 minutes, they're like, "Dude, I have no idea what you do because you say you're the anti-recruiter." What I learned is that, and got some advice on this, if you're trying to disrupt an industry, choose one thing. You can't change five things because you're going to try to change too much and people don't understand what you're doing anymore. We have disrupted our niche. We work exclusively with what I call high growth companies, entrepreneurial companies, who are going from scrappy startup to scale. We help them really professionalize their team.Gordon Henry:              Okay. Where was the disruption piece in there?Kurt Wilkin:                  The disruption piece is most recruiters are trying to fill a seat. You got an empty chair, well, yeah, give me a job description and we'll start throwing it against the wall. What we created was a strategic approach and said, "You know what? You say you've got an empty chair. I want to understand what that chair is doing. How does it interact with the rest of the chairs?" Keep the analogy going. We created something we call strategic talent planning. It's our way of taking your business plan, your financial forecast, your hopes and dreams. What do you need to do to accomplish those hopes and dreams? What does your existing team look like? Most of which, or many of which, you probably outgrown or in the wrong roles. Then, let's start thinking about what you need to add. The book you mentioned earlier, Who's Your Mike?, There's virtually almost no recruiting in the book. It's more about what does your existing team look like, what are some of the people you've outgrown on your way to where you are.Gordon Henry:              Let's talk about Who's Your Mike? It was a book that you obviously wanted to write and you felt tell the unique story. Why don't you tell us what was the message of Who's Your Mike? and what does that title mean?Kurt Wilkin:                  Yeah. Great question. First, I'll say it's a... While it is in the business book genre, it's the most anti... Different business book you've ever read. Mike is the title character, but not every chapter is set up like this. But Mike is your fraternity brother in college. You guys were best buds, thick as thieves. You trusted him with your life. When you started your business in your garage, Mike was right there with you, nights and weekends, helping you with all the administrative things, the back office stuff, the stuff you didn't like to do, and didn't know how to do. When you became a real company, Mike joined you as your accountant, still doing those non-biz dev non-product related things. Things like setting up your bank account, maybe setting up your LLC, stuff like that.                                    As you grew, you rewarded Mike's 100 weeks by promoting him. As he continued to grow with title and responsibilities, he didn't grow professionally. The challenge is Mike's never done this before. He's never built an accounting team for a $20 million company. He's making all this stuff up on his own. You look up and Mike is swirling. He's in over his head. He's now trying to negotiate a big merger with your biggest competitor, maybe a $10 million line of credit with the bank. Whatever it is, he's swirling and he doesn't want to admit it because he's so loyal to you. The question, for all your entrepreneurial audiences, who's your Mike? Everybody who's an entrepreneur's got a Mike. Either has one, used to have one, or will have one. Who's your Mike?Gordon Henry:              Yeah. Fascinating. To just finish the story, so you recommend, I assume, that when you have a Mike who's maybe risen above the level where he's really capable, you've sadly got to find a way to exit out of Mike and bring in somebody who's more appropriate for the company where it is today.Kurt Wilkin:                  Maybe, maybe. That's the way the book is written is, look, I don't have your answer. No one's got your answer. But I can tell you stories of what other people have done and you can find the nugget in there that's going to support you. Every fourth or fifth chapter, I have what's called an intermission where we ask questions about Mike. Is Mike coachable? Could he become your CFO tomorrow? Maybe. Can you learn all the bumps and bruises along the way that you're going to have if he's learning on the job? Maybe you need to go too fast. You need to bring someone in from the outside. Maybe he's a strong individual contributor. What we often find is that Mike is a damn good controller, a good accountant. He's just not a future looking financial partner. Maybe we put him back into that role and bring in an outside CFO. Lots of different nuances based on his coachability, his humility, his capabilities.Gordon Henry:              Hmm. Fascinating. Sounds like a really compelling read. I want to switch gears to more local businesses. I know you tend to work with these sort of high growth businesses, but a lot of the businesses that, frankly, are listening to our show, tend to be local business owners. They're a dentist or they're a plumber, or they're a roofer. They own a local business, a business that's successful. Maybe they have a couple of trucks on the road, servicing people's houses. They're not looking to become the next Facebook. They just want to run a successful local business. I say just because that's not an easy thing to do. I hear from them that there's a dearth of workers, that it's tough to find people who have the skills they need. It's tough to bring people in and keep them. What's going wrong in the hiring market today? Are kids busy wanting to be digital marketing majors and social media specialists, but not plumbers or roofers anymore?Kurt Wilkin:                  First and foremost, we tell all of our clients and all companies, the employees of today are different from the days of even two or three years ago before COVID. What I mean by that is, for the most part, we are, they are looking for purpose and meaning more than just a paycheck. Whether you're a forklift driver or a restaurant employee or a CMO, you're looking for something more powerful than just a paycheck. That doesn't mean you have to be saving the world. It just means you're doing something bigger than yourself. What most of your listeners can do is find that meaning, that purpose that they can hold themselves out for. Why do we exist? Find out what it is and, usually, more often than not, it's impactful. If it's just making money, that could be a purpose. You're going to attract certain employees, but not all of them.Gordon Henry:              I've always heard that the key to keeping an employee happy is good manager, that they like their manager, that it's not necessarily about pay. Maybe not even about the higher cause of the company. That they have a good manager who does things that managers should do, look after them, mentors and so forth. That's nothing new. That's the way it's been for a long time. Are you saying that's no longer true that those kind of old ideas about what made people like a job and stay are no longer true and it's got to be this higher purpose idea?Kurt Wilkin:                  I think the manager is part of the higher purpose, in my opinion. The manager is not necessarily whether you're good at holding people accountable and giving people direction. That's also the relationships that you build and the type of person that your manager is. That's what I think of when I think of staying for managers. That's something we have at HireBetter is, I think, the people aspect is so strong that people are staying, oftentimes, for managers, because they can make more money elsewhere, especially being recruiters right now.Gordon Henry:              What are the fundamental concepts other than this mission that you talked about? Are there other fundamental concepts about hiring better that companies who come to you need to learn in order to succeed?Kurt Wilkin:                  There's a whole myth out there for companies that only need to hire A players, or you should only hire A players. We have a chapter in my book called B Player Bob, where we say, "Look, B players have a place too. In fact, a B player can be a really good employee. They're not necessarily your future president, but they're very solid employees." Just understanding that is part of the aspect, but here's the bigger things that more to your question. Especially in today's job market, if you look back two or three years ago, most companies were hiring based on LinkedIn and Indeed and other job boards. If you get somebody to answer an ad, it's not that hard to get them to join your company. They're probably C players.                                    If you really want to hire an A or B player, sure you need to interview them and screen them and do all the things you want to do, but you've got to sell them some sizzle too. Why should they leave their amazing opportunity to come work for you? If all you're doing is grilling them and you're putting them through a five-week process and having them interview with 30 people, and everyone's just organized and no one knows what they're doing, you're not going to win the A or B players. You're only going to be able to get what's left over. Put on your own A game if you're going to try to attract amazing teammates.Gordon Henry:              We have more to cover with Kurt Wilkin, but first, a message for Winning on Main Street guest, Mark Myers, over at Peak Profit Solutions. It's unfortunate that every year, an estimated 90% of high-income earning employees and businesses overpay at taxes. Yes, overpay at taxes. If only they have the time and resources to navigate the seemingly endless pages of tax code, larger companies have those resources. As a result, they often pay zero or very little in tax. Well, the good news is there's hope and it starts with a brief phone call to Mark Myers, founder of Peak Profit Solutions. Mark is a tax savings architect and has a track record reducing his client's tax burden by 30 to 60%. No need to change your CPA or invest in high risk assets. If you're tired of cutting fat checks to the IRS and want to know how to pay lower rates like the big guys, book a free 20-minute consultation with Mark. Just go to peakprofitsolutions.com, and click on Schedule An Appointment. Knowledge is powerful when properly applied. Peakprofitsolutions.com.                                    Back to Kurt Wilkin, curious about your thoughts on virtual work and this whole question of what should the work environment be? We've got some people saying it should all be virtual. Some people saying, "Nope, get back to the office." Some people saying, 'I want the hybrid in between." What are your thoughts on that as an expert in this area?Kurt Wilkin:                  Yeah. It's really your preference as an employer. I will say that if you're based in Tupelo, Mississippi and you want people in the office every day, it's hard for us, HireBetter, to recruit for you because there's a lot of other options that those A players have that might include a virtual or hybrid environment. However, many of your listeners, small to medium-sized businesses, they're not geared or set up to work with virtual employees. If you can't hold people accountable and you don't have systems and structure to make sure that they're doing their job properly, I don't know if I would do it. I guess most of your folks have the problem also of having some people who have to be on site, like restaurant employees and factory workers, and then you try to have a virtual office environment. That's tough.Gordon Henry:              Well, Kurt, we're just about out of time. I'm curious. HireBetter is your latest adventure. You've been doing this, I guess, since 2011. What's the future of HireBetter and what's next for you?Kurt Wilkin:                  Yeah. Great question. We talked a little bit earlier about recruiting as a service. I'm super excited about that. On a related front, we've been working on we call fractional chief people officer, but most early stage companies have a desperate need for people strategy. What they usually pay for or get is an HR department that they hate. What we're working on is just the strategy piece and then we'll have another team do the compliance related generals things that HR people generally lean to, because I think anything more broken than the recruiting industry is probably the HR industry. That's the next on our list. But, for me, we've gotten so much success with Who's Your Mike? The book strikes a chord with entrepreneurs everywhere, because we've all had versions of these employees and it's been fun watching and listening to the responses from folks. I've been doing more podcasts and I know speaking engagements are coming back in Vogue. I know I've already been booked for some of those. I'm excited to spread the message. It's a great message.Gordon Henry:              I just want to conclude. First of all, thanks for coming. How should people learn more about getting involved with you and HireBetter?Kurt Wilkin:                  We have a website for the book called at whosyourmike.com. We have a fun quiz for those of you who think, "Maybe I've got a Mike, maybe not. I'm not really sure my situation." It's whosyourmike.com/quiz. That's probably the best way. Hirebetter.com, I'm happy to be a sounding board for any of your listeners as they go through their own people challenges.Gordon Henry:              Right. Well, thanks for stopping by Kurt. Great to have you on the show.Kurt Wilkin:                  Hey, Gordon, I love what you guys are doing to help small, medium-sized businesses. Man, keep up the great work.Gordon Henry:              Thank you very much. Well, thanks to our producer, [Tim Alleman 00:15:58], and coordinators, [DF Barnett and Daniel Huddleston 00:16:00]. For those out there, if you enjoyed this podcast, and I hope you did, please tell a friend or colleague to subscribe and please leave us a five-star review. It really helps us in the ratings of the podcast and allows other people to find us. We'd really appreciate it. Until next time. Make it a great week. 

Business owners and high-income W2 earners, if you're curious how to minimize the amount you owe come tax season, this episode of The Agent of Wealth Podcast is for you. In it, host Marc Bautis is joined by Mark Myers, the Founder and CEO of Peak Profit Solutions. Mark helps individuals reduce or eliminate tax without replacing their CPAs or financial investment advisors.In this episode, you will learn:How Peak Profit Solutions works with business owners and high-income W2 earners to reduce their tax bill.Two tax-saving solutions for high-income earners.Multiple tax-saving solutions for small- to medium-size business owners.And more!Resources:Episode Transcript & Blog | Peakprofitsolutions.com | Bautis Financial: 7 N Mountain Ave Montclair, New Jersey 07042 (862) 205-5000

In this episode, I chat with Mark Myers. Mark is a former Marine Corp Sergeant that brings over 20 years of successful business operation, ownership and high level consulting experience to the table for the clients and financial advisors he services. His company Peak Profit Solutions and it's affiliate partners have helped thousands of individuals increase profit and permanently reduce their annual tax bill to help them better grow their business and accelerate their wealth. Over 90% of America's successful small and medium sized businesses significantly overpay in tax, even if they are working with a highly experienced CPA or accounting firm. Mark helps his clients accomplish all of the above WITHOUT replacing their CPA or Investment Advisor. We discuss: The Augusta Rule Smart tax solutions How to find these benefits And much more. Find out more about Mark and Peak Profit Solutions at: PeakProfitSolutions.com

After graduating from the University of Florida, I started my career managing health clubs. I went to work for a small company at the time called Equinox. I joined Equinox when they had around 12 clubs and now there are over 100 clubs across the US, Canada, and the UK. My role was to help them open locations, which taught me how to be an owner-operator. While I wasn't technically the owner-operator, each club was treated as its own entity when it came to profit and loss. After a decade of working 365 days a year in this industry, I realized I wanted to make a change. I landed on helping small business owners looking for ways to optimize their profits and that's where Peak Profit Solutions was born.  We work with clients to help them maximize their tax savings without them having to change their CPA. The key to almost any savings strategy starts with proactive planning. We've found over 90% of small businesses overpay on their taxes. While there are great tax preparers and CPAs out there, most do not have the time to spend digging through the tax code to find all the deductions that may be available to a small business owner. That is where we come in and help business owners explore the deductions that might be available to them. We also work with high-earning W2 employees. While the options are a bit more limited for them than for a small business, there are still ways we can help.  There are 176 economic development zones across the United States and some zones have very specific activities. For example, in Illinois, there is an area where most major US airlines purchase their jet fuel because of the benefit that zone provides them. Flash over to Puerto Rico, Act 23 (which morphed into Act 60) states that if you base your business in Puerto Rico and it is approved, then the profit from that business is only subject to a 4% tax rate. Additionally, if you are a Puerto Rico citizen then any profit above 4% can be received as a tax-free dividend. The key is to ensure you have your business entity set up correctly so that you can benefit from these deductions.    Resources Shared: Peak Profit SolutionsThryv

With Mark Myers, Founder & CEO of Peak Profit Solutions

Welcome to Freedom Formula for Physician Podcast!   HAVING A HEADACHE ABOUT SLASHING YOUR TAXES? Then this episode, I have someone who can give you tips on how to solve your tax problems. He is a gentleman who is a former Marine Corps sergeant who has 20 years of successful business op ownership, high level consulting, and he founded a company called Peak profit solutions where their goal is to help 1000s of individuals increase profit and permanently reduce their annual tax bill to better help them grow their business and accelerate their wealth. Please help me welcome Mark Myers to the show. Welcome, Mark.   In this Podcast, you will... A little background about Mark about where was he before being in California in his 20's (HINT: Listen about his Marine Corps Journey) How did his dad influence him in joining the Military? What made him decide to join the reserves? Mark narrate his experience during September 11th (911) How did he get into the tax world? Did he train for it? His insights about some common tax mistakes that people are making Gain more knowledge about Tax codes, Tax Preparers, Entities, Revenue, CPAs, Cash flow, and more. His advice for Physician who faces challenges to their taxes Resources Mentioned In This Podcast: Judge - Learned Hand Quotes Peak Profit Solutions   For all the show notes, and more, check out the podcast website at www.doctorfreedompodcast.com ----more--------more--------more---- Investment advice is only offered in jurisdictions where Centurion Financial Strategies, LLC (“Centurion”) is appropriately registered or exempt from registration. Our Form ADV Part 2 brochure can be obtained free of charge at https://adviserinfo.sec.gov by searching for our firm by name or its unique CRD number (316454). This podcast is not a solicitation to provide advisory services in any jurisdiction in which we are not appropriately registered or excluded from registration. The information, statements, and opinions contained in this podcast have been obtained from or are based upon information obtained from sources which we believe to be reliable, but we do not warrant or guarantee the timeliness or accuracy of any such information. This podcast is intended for informational purposes only and should not be construed as personalized investment, tax, or legal advice. Opinions expressed by any guest are their own opinions and do not necessarily reflect the firm's views. You should carefully consider your unique financial circumstances and needs prior to making any investment in securities or purchasing any insurance products. Past performance is not indicative of future results. Investing in securities involves the risk of loss. Insurance products are backed by the financial strength and claims-paying ability of the issuing insurance company and may be subject to restrictions, limitations, and early withdrawal fees which vary by issuer. You should consider the charges, risks, expenses, and investment objectives of any insurance products before entering a contract.

On today's episode Mark Myers shares how your mindset around tax liability and profit can be preventing business growth. Listen in as Deborah and Mark discuss creating relationships to establish credibility, developing a growth mindset relating to taxes and how to navigate anxieties surrounding taxes through understanding of profit enhancement. Mark is a former Marine Corp Sergeant that brings over 20 years of successful business operation, ownership and high level consulting experience to the table for the clients and financial advisors he services. His company Peak Profit Solutions and it's affiliate partners have helped thousands of individuals increase profit and permanently reduce their annual tax bill to help them better grow their business and accelerate their wealth. Over 90% of America's successful small and medium sized businesses significantly overpay in tax, even if they are working with a highly experienced CPA or accounting firm. Mark helps his clients accomplish all of the above WITHOUT replacing their CPA or Investment Advisor   You can connect with Mark via LinkedIn: https://www.linkedin.com/in/markshannonmyers/   Are you a CEO dealing with change? Part inspiration, part strategy, I've created this resource for CEO's who leading their team through a rapid transition and looking for a resource and guide to help them stay confident, focused, and a mentor for others. You can download it here: https://mailchi.mp/coviellocm/the-ceos-compass See omnystudio.com/listener for privacy information.

Every business owner wants to increase their profit margins. One way to do that is by reducing your personal taxes. Today's guest shares with you a key method to reducing or eliminating your personal taxes without replacing your CPA. Joining Tersh Blisset for this episode is Mark Myers, founder/CEO of Peak Profit Solutions. Tune in as Mark gives you key tips that will reduce your tax by 30% to 60% and incur more profit for your business. It's all about making the most of tax benefits. Listen in to learn all about it! Love the show? Subscribe, rate, review, and share! servicebusinessmastery.com

Every business owner wants to increase their profit margins. One way to do that is by reducing your personal taxes. Today's guest shares with you a key method to reducing or eliminating your personal taxes without replacing your CPA. Joining Tersh Blisset for this episode is Mark Myers, founder/CEO of Peak Profit Solutions. Tune in as Mark gives you key tips that will reduce your tax by 30% to 60% and incur more profit for your business. It's all about making the most of tax benefits. Listen in to learn all about it! Love the show? Subscribe, rate, review, and share! servicebusinessmastery.com

Mark is a former Marine Corp Sergeant that brings over 20 years of successful business operation, ownership, and high-level consulting experience to the table for the clients and financial advisors he services. Peak Profit Solutions and it's affiliate partners have helped thousands of individuals increase profit and permanently reduce their annual tax bills to help them better grow their business and accelerate their wealth. What You Will Learn: Who is Mark Myers? How did Mark start in the Real Estate industry? Mark's journey on how he accumulates relationships with advanced tax solution providers.  How do they bring up the Advance Tax solutions? Mark shares how they deal with the client in reducing their tax. What is Capital Gain? Mark shares how she can be contacted. Additional Resources from Mark Myers: Websites: https://peakprofitsolutions.com/casestudies  Phone: +1 (310) 591-0234 Email: mark@peakprofitsolutions.com LinkedIn: https://www.linkedin.com/in/markshannonmyers/ Facebook: https://www.facebook.com/Peak-Profit-Solutions-100153285701100

Mark Myers is a former Marine Corps Sergeant who brings over 20 years of successful business operation, ownership and high level consulting experience to the table. His company, Peak Profit Solutions, have helped thousands of individuals increase profit and permanently reduce their annual tax bill to help them better grow their business and accelerate their wealth. Listen as Mark tells Dr. Joey about the spiritual foundation to his approach.