EP 003: The Wealth Opportunity: Business Owners’ Unfair Advantage

There’s a great movie you might have heard of, called ‘The Matrix’

Where everyone is plugged into the world that has been put in-front of their eyes.

Not Neo though…

He knows that the way he wins is by not operating like everyone else who is plugged into the Matrix

And, this is a lot like society

Everyone is running around accepting what is given to them…

And hoping that their wealth will naturally grow or the Government (or Agents) will look after them

Not us Business Owners though

Just like Neo, we are the ones who have already unplugged ourselves

The only difference now is learning how to use this to our advantage

And this is what we hope you get out of this episode. 


DISCLAIMER
: All information we share is NOT financial or investment advice and is purely intended for entertainment and educational purposes only. Always seek professional advice before acting on any financial decision.

Episode Highlights:

00:00 Introduction
02:01 What is an unfair advantage for business owners? 
03:10 The benefits of having time flexibility 
04:22 Charley’s and Grant’s experiences in having a flexible schedule 
07:21 Using the ability to control your income 
10:53 Having the power to adjust your numbers for lending 
11:43 Charley’s story about lending as a business owner 
13:10 Method of lending for employees vs. business owners 
14:22 The strategy that Grant used to increase his business’ profitability
15:50 Charley’s and Grant’s experiences working with professionals 
17:48 Adjusting income or distributions to maximise tax brackets 
22:35 Utilise available structures to maintain a good tax balance
25:32 How risk mitigation is different for business owners 
28:00 Getting the freedom to collect and hold tax payments until ready 
30:08 The most important unfair advantage for Charley and Grant

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