Vast Voice: Telling Business Secrets to Entrepreneurs‪!‬ R. Kenner French and VastSolutionsGroup.com

Taxes are a significant expense for entrepreneurs, and it is important to spend time on mitigating or lowering taxes. Spending time with a tax professional or learning about taxes can make a huge difference. Lowering taxes can result in a bigger portfolio and higher rate of return.



It is essential to pay attention to taxes on an ongoing basis and not overpay. Meeting with a tax professional can help in optimizing taxes. The Vast Voice is a platform that provides business secrets to entrepreneurs and encourages feedback and ideas from taxpayers.



Takeaways

*Taxes are a significant expense for entrepreneurs and should not be ignored.

*Spending time on mitigating or lowering taxes is worth it.

*Lowering taxes can result in a bigger portfolio and higher rate of return.

*Paying attention to taxes on an ongoing basis is important.

*Meeting with a tax professional can help in optimizing taxes.

*The Vast Voice platform provides business secrets to entrepreneurs and welcomes feedback and ideas from taxpayers.



If you have any questions in general you can reach our office at:



VastSolutionsGroup.com

Phone: (888) 808-8278

Email: info@vastsolutionsgroup.com

Monday-Thursday 8:00 AM – 5:00 PM (Pacific)



Thank you for listening!

R. Kenner French interviews Jackie Clark, a bookkeeper and author of a guidebook on operating a modern bookkeeping business. They discuss the benefits of bookkeeping, the use of AI in bookkeeping, and the importance of keeping accurate records for tax purposes.



They also touch on the issue of commingling personal and business expenses and the potential consequences. Jackie shares insights on how to clean up dirty books and the value of automation in bookkeeping. The conversation concludes with a mention of Jackie's book, which can be purchased at vastsolutionsgroup.com.



Takeaways

*Bookkeeping is essential for small business owners as it helps with accurate record-keeping and provides valuable insights for tax preparation.

*AI can greatly benefit bookkeeping by automating processes and improving efficiency.

*Commingling personal and business expenses can lead to legal and financial complications, and it is important to keep them separate.

*Cleaning up dirty books is a crucial task for bookkeepers, as it ensures accurate financial reporting and can potentially save money on taxes.

*Automation is a key aspect of modern bookkeeping, as it streamlines processes and reduces manual data entry.





If you have any questions in general you can reach our office at:



VastSolutionsGroup.com

Phone: (888) 808-8278

Email: info@vastsolutionsgroup.com

Monday-Thursday 8:00 AM – 5:00 PM (Pacific)



Thank you for listening!

Burak Berilgen, a seasoned banker with over 25 years of experience in commercial real estate loan origination. Discuss the differences between commercial and residential property loan origination, the challenges and barriers in commercial property loan origination, and the advantages of working with experienced loan officers. He also talks about the slow adoption of technology in the industry and the future of commercial real estate and loan origination. 

Burak shares strategies for growing an investment portfolio in commercial real estate and the opportunities for passive income as a commercial property loan originator. He emphasizes the value of expertise, access to multiple lenders, and the benefits of working with VastSolutionsGroup.com.



Takeaways

*Commercial real estate includes a wide range of projects with real estate collateral, such as convenience stores, hotels, office buildings, and multi-family properties.

*Commercial property loan origination is more complex than residential loan origination, with a deeper analysis of the deal's mechanics, cost, and cash flow.

*Working with experienced loan officers is crucial in navigating the regulatory hurdles and structuring commercial real estate loans for success.

*Access to multiple lenders through platforms like Vast Solutions Group provides more flexibility, competitive terms, and faster response times for borrowers.

*The future of commercial real estate and loan origination involves refinancing opportunities, leveraging equity, and using tax advantages like 1031 exchanges.



If you have any questions in general you can reach our office at:



VastSolutionsGroup.com

Phone: (888) 808-8278

Email: info@vastsolutionsgroup.com

Monday-Thursday 8:00 AM – 5:00 PM (Pacific)



Thank you for listening!

JCron, the founder of Kajabi, shares his entrepreneurial journey and insights into the creator economy. He discusses the growth of Kajabi and the impact of trends like the shift to digital education.



JCron also talks about the importance of community and authenticity in building a successful business. He shares lessons learned from his own experiences, including handling transitions and overcoming fear. He concludes by emphasizing the transformative power of entrepreneurship and the need for individuals to take risks and positively impact the world.



Takeaways

*The creator economy is experiencing significant growth, driven by trends like the shift to digital education and the desire for personal brands and revenue-driven opportunities.

*Community and authenticity are crucial in building a successful business, as people value human experiences and connections.

*Entrepreneurship requires commitment and a willingness to pay the price, even without knowing the exact cost or timeline of success.

*Transitions and failures can provide valuable lessons and opportunities for growth.

*The future of the creator economy is promising, with the rising billions of people coming online and seeking personalized learning experiences.



If you have any questions in general you can reach our office at:



VastSolutionsGroup.com

Phone: (888) 808-8278

Email: info@vastsolutionsgroup.com

Monday-Thursday 8:00 AM – 5:00 PM (Pacific)



Thank you for listening!

AI expert Kai Fu Lee predicts that by 2027, 50% of people who are currently employed will be out of jobs due to AI. This prediction aligns with a government report that estimated 49% of people would be out of jobs by 2050. The rapid pace of AI development suggests that the government report may be too conservative.



To stay ahead, entrepreneurs should stay informed about AI, attend local meetups and industry events, and read about AI for at least an hour a day. By embracing AI, entrepreneurs have the opportunity to thrive in the changing landscape.



Takeaways

*AI expert Kai Fu Lee predicts that 50% of people who are currently employed will be out of jobs by 2027 due to AI.

*Entrepreneurs should stay informed about AI to stay ahead in the changing job market.

*Attending local meetups and industry events can provide valuable networking opportunities and insights into AI.

*Spending at least an hour a day reading about AI can help entrepreneurs understand and leverage its potential.

*Embracing AI can present new opportunities for entrepreneurs to thrive in the evolving business landscape.





If you have any questions in general you can reach our office at:



VastSolutionsGroup.com

Phone: (888) 808-8278

Email: info@vastsolutionsgroup.com

Monday-Thursday 8:00 AM – 5:00 PM (Pacific)



Thank you for listening!

R. Kenner French discusses the importance of understanding and optimizing taxes as an entrepreneur. He emphasizes that taxes are one of the biggest expenses for entrepreneurs and suggests spending time on mitigating or lowering taxes. He encourages entrepreneurs to work with tax professionals and learn about taxes to make a significant difference in their financial situation.



He highlights the benefits of lowering taxes, such as having a larger portfolio and higher rate of return. French also reminds listeners that it is their duty as taxpayers to not overpay taxes and offers suggestions for ongoing tax planning.



Takeaways

*Taxes are one of the biggest expenses for entrepreneurs, so it is important to spend time on mitigating or lowering taxes.

*Working with a tax professional and learning about taxes can make a significant difference in an entrepreneur's financial situation.

*Lowering taxes can result in a larger portfolio and higher rate of return.

*It is the duty of taxpayers to not overpay taxes, and there are many strategies to lower taxes.

*Ongoing tax planning is essential for optimizing tax savings.



If you have any questions in general you can reach our office at:



VastSolutionsGroup.com

Phone: (888) 808-8278

Email: info@vastsolutionsgroup.com

Monday-Thursday 8:00 AM – 5:00 PM (Pacific)



Thank you for listening!