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The Breakdown with Shaun King

An LLC is Not a Business

The Breakdown with Shaun King

The North Star

News, Society & Culture

4.812.6K Ratings

🗓️ 15 April 2023

⏱️ 53 minutes

🧾️ Download transcript

Summary

Today, we're thrilled to feature another episode of The Momentum Advisors, a podcast from The North Star network that's dedicated to equipping listeners with the tools they need to take charge of their finances. And make sure to tune in tomorrow for the next installment of this series, where they'll continue to provide valuable insights on investing and financial literacy. Original Air date: March 7, 2021 We hear a lot of people talking about starting LLCs. Their goals when starting these legal structures is to create additional sources of income and to create a financial legacy for their families. In the end, many people are simply filing papers to start a business--without ACTUALLY starting the business. On this episode, we help you understand how to really start a business and guess what? It has nothing to do with paperwork. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

Everybody's Sean King here and what you are about to hear is the momentum advisors show

0:09.0

from Allen and Tiffany where you will learn all about financial empowerment financial decisions.

0:15.2

You're going to learn all about financial freedom and I can't wait for you to hear it.

0:29.2

Hello, hello. Yo, we're back. Yes, we are. We're just going to keep coming back. I think that's

0:50.8

the plan. The plan is for us is to continue to keep coming back as long as the North Star will

0:54.9

have us and you guys keep listening. There's a lot of podcasts that are giving you content and then

0:59.6

taking it away. Not us. Who's doing that? A lot of people are inconsistent. They're all excited

1:04.8

about doing a podcast. They put out a couple episodes and they stop. That's not us. We're going to

1:10.6

keep with it. I don't know those podcasts. I know. I know a pretty consistent. I will tell you,

1:15.1

one of my best friends has a podcast. Not that I'm necessarily advertising. One of my best friends

1:20.2

has a podcast. When he started, I mean, he's been extremely dedicated. He's hundreds of shows in.

1:27.3

It's a really great podcast. It's called The Hood Loves Me. He talks about all current topics

1:32.8

from his perspective and perspectives of his friends. I've always been blown away by how

1:39.6

consistent he has been with that podcast. I think he's one of the first podcasters that I knew

1:46.4

personally. I think a lot of people get into things and don't understand why they're getting

1:49.9

into it. I have a friend who started a podcast and it's not been as much of a focus because I think

1:57.5

what he expected was dollars for Russian fame. Everybody's buzzing and talking about it.

2:04.2

Right. And Hennessy are going to be calling, trying to be advertised.

2:07.3

Sprite and Hennessy. Yeah. Not at the same time. That's a good, fry a good drink. Yeah. But this

2:13.8

is one of those things like we do this for the love. We're doing this so that we can get

2:17.6

information out there. Yeah. We're not doing this to get famous. We're doing this to help.

2:21.8

But I don't knock the people who are doing it to get famous. Do your thing.

...

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