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Brown Ambition

BA Q&A: To Incorporate...Or Not To Incorporate ft. Gabrielle Reid

Brown Ambition

iHeartPodcasts

Careers, Education, Self-improvement, Investing, Business

4.92.5K Ratings

🗓️ 18 November 2022

⏱️ 29 minutes

🧾️ Download transcript

Summary

Mandi and Tiffany are in the studio for this week's BA QA! The ladies are joined by an incredible listener, Gabrielle Reid. Gabrielle is an actor in New York and wants to know if she should incorporate or not. Tiffany starts off by giving her all of the benefits and disadvantages of starting a business. Then, Our favorite career coach, Mandi schools us about opening up a "solo 401k." This episode is packed with good information on incorporating for anyone who's interested in starting a business. We want to hear from you! Drop us a note at [email protected] or hit us up on Instagram @brownambitionpodcast. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Transcript

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0:00.0

It's time for the B-A Q-A. A, the B-A Q-A. What you saying? The B-A Q-A with Man Day, the B-A Q-A.

0:14.2

What's Tiffany? The B-A Q-A. We have a guest today. Woohoo. Yes. It is brown-abish and question

0:22.9

and answers. You have questions. We have some answers, although we're not your attorney

0:26.6

or financial advisor. So go see your grandma and us. But we are two smart brown girls who

0:32.0

know a thing or two or three about personal finance, about entrepreneurship, and about

0:37.3

business. And today we welcome Gabrielle Reed into the Brayn University studio. Hi, girls.

0:45.7

Oh my God. I'm so happy to be with you. I just adore what you guys do and how you do

0:51.9

it is the thing. And that's what I think what really catches all of us. And you're just so perfect.

0:57.2

And I'm just I'm so glad to be a part of this right now. I agree. We are. Well, welcome.

1:04.7

You're you are calling in. You are in New York City. Local girl.

1:10.1

Watching tonight. Yeah. Love that. I live there for you know long enough with my in-laws.

1:15.5

Long enough. That's what I'll say. But I do love the heights. All right, Gabrielle. So you know

1:22.4

the drill we'd love to hear your question. Let us know what's going on and how we can help you.

1:26.7

Okay. So have yourself shake her out. I literally took notes about myself. So I didn't even

1:31.5

do anything out. So I am soon to be 43 and I'm a mom and a wife of a three year old son. And

1:39.8

my husband and I are both actor performers. And I would categorize it categorize us as middle

1:45.3

class actors. We're not household names and you wouldn't see us in Starbucks and be like,

1:49.7

oh my god, is that girl in that thing? But we've had some amazing wins. I was in the original

1:54.6

cast of beautiful on Broadway. And I've had over 10 national commercials. And I had a guest star

2:00.0

on blue blood. So yeah, I've had some good times. But there's some in between times where maybe

2:06.6

the phone isn't ringing quite as much as I wanted to in XYZ. So we've been definitely doing some

2:11.3

things to like, you know, set up our future, my Wanda, my future Wanda. And you know, we both

...

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