Podcasting Made Simple
Podcasting Made Simple is the premier podcast about podcasting! We’re here to help podcast guests and podcast hosts reach more listeners and grow their income so they can change more lives! Join Alex Sanfilippo and other podcasting industry experts as they share how you can level up on either side of the mic! (Show notes and resources: https://PodMatch.com/episodes)
Podcasting Made Simple
How to De-Risk the Move to Self-Employment with Matt Baker
If you're considering making the move to self-employment from a traditional job, this episode is going to help you de-risk the move to full time entrepreneurship!
MORE FROM THIS EPISODE: HTTPS://PODMATCH.COM/EP/039
In this episode, Alex Sanfilippo and Matt Baker discuss how to de-risk the move to self-employment.
They go over different kinds of barriers that people have to get through or get over in order to make the move to self-employment.
They also discuss the 7 Financial Disciplines and why they matter.
The 7 Financial Disciplines:
1. Regularly review your finances
2. A budget: having targets around your outcomes from revenue and expenses
3. A process where you save money for taxes
4. Proactively reducing debt
5. A way to pay yourself out of your earnings so you know what you made
6. Establish a specific structure for your business i.e. Inc., LLC, Sole Proprietorship
7. A process to maximize your write-offs for tax time
MORE FROM THIS EPISODE: HTTPS://PODMATCH.COM/EP/039