owning a business

*The giveaway has now closed. Investing or owning a business is a great way to generate wealth and benefit from business-related tax incentives. In episode thirteen of Wealth Series 2.0, Ben Kinney, Bob Stewart, and Chad Hyams discuss how business ownership can increase your income and net worth. 

Disclaimer: You should not use our advice to make financial decisions. We highly recommend you seek professional advice from someone authorized to provide investment and retirement advice.

In this episode, we cover the following:

• The business bucket [0:33]  
• Benefits of owning a business [3:11]
• Ten things every business needs [8:24] 
• Investing in a business [13:00]
• Majority and minority ownership [14:03]
• Lessons about partnerships [17:19]
• Generating profits and building enterprise value [19:36]
• Six different ways to value a business [22:28]
• Tax benefits to owning a business [29:07]
• Some of the top franchises in the U.S. [31:47]

Resources discussed in this episode:

• Enroll in Wealth Series 2.0: https://WinMakeGive.com/wealth/ to receive all the workbooks and have the resources emailed to you directly
• Download the workbook and resources for Episode 13 at https://winmakegive.com/wealth-part-13/
• Creating Your Own Mission, Vision, and Values: https://apple.co/3Rrl04d
• Win Make Give Facebook group: https://www.facebook.com/groups/WinMakeGive

Connect with the hosts:

• Ben Kinney: https://www.BenKinney.com/
• Bob Stewart: https://www.linkedin.com/in/activebob
• Chad Hyams: https://ChadHyams.com/
• Book one of our co-hosts for your next event: https://WinMakeGive.com/speakers/

More ways to connect: 

• Sign up for our weekly newsletter: https://WinMakeGive.com/sign-up
• Explore the Win Make Give Podcast Network: https://WinMakeGive.com/
• Listen to Win Make Give Season 3 on YouTube: bit.ly/3pPEdAx

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Part of the Win Make Give Podcast Network

Are you looking to no longer exchange your time for your money? Note that 70% of all companies and 100% of home businesses are sole proprietorships. One person, or two, and that’s all, operate the business.

Clay Clark breaks down action steps you need to take to create both a time freedom and a financial freedom creating a business that serves you.  Download all the podcasts on Apple Podcasts here https://apple.co/2lCVNUd

Clay and Z interview a member of the Thrivetime Show listening nation turned intern, turned business owner who shares his 12-month journey from being a wantrepreneur to becoming an actual entrepreneur and the lessons he learned along the way.

Are you a leader? Are your team members following you? If you need help in this area of business then tune into this podcast of the business coach Thrivetime Show as Clay and Z break down the details.

Impacting culture has to extend beyond the immediate. No one has done this better than Percy Miller aka Master P who is the founder of No Limit Records and P. Miller Enterprises. He’s an entrepreneur, a former basketball player, and rapper and we can all learn a little something from this well-rounded businessman. This episode is from a conversation at the 2019 Entrepreneur Summit in Atlanta, where he and and his friend and business partner, Mr. James Lindsay shared details about creating the popular Rap Snacks chips brand, their expansion into the food industry, and their efforts to create more opportunities within our community. One big takeaway? Ownership is key! Grab and use the keys these guys offer in this interview. And be sure to use #UnbossedPodcast on social to let us know!

• UnBossed Host: Marquita Harris (@marquita_harris_)
• Producer: Tiffany Ashitey (@misstiffsays)
• Associate Producers: Ashley Hobbs (@ashleylatruly) + Shantel Holder (@harmonys.touch)
• Bookings: Marquita Harris, Tiffany Ashitey
• Audio: Anthony Frasier (@anthonyfrasier) + Josh Gwynn (@regardingjosh) 
• Music: Gold Standard Creative (@gscdotnyc)

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