How to Survive the Main Street Crisis

Rich Dad Radio Show: In-Your-Face Advice on Investing, Personal Finance, & Starting a Business

The Rich Dad Company

Entrepreneurship, Business, Investing

4.1 • 3.9K Ratings

🗓️ 6 April 2020

⏱️ 48 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

The rules are changing quickly for entrepreneurs since confirmed coronavirus cases continue to exponentially grow around the world. As a result, the U.S. Federal Government sprung into action to try to alleviate further damage and destruction to the economy.
Last week, President Donald Trump signed the Coronavirus Aid, Relief, and Economic Security Act, or CARES Act into law, which initiated a $2 trillion stimulus package, the largest emergency relief bill in American history. Our guest today, Tom Wheelwright who is the Rich Dad Advisor on Taxes, and author of “Tax-Free Wealth: How to Build Massive Wealth by Permanently Lowering Your Taxes,” joins The Rich Dad Radio Show to discuss how this stimulus package will affect entrepreneurs.
For employees facing unemployment, layoffs, and furloughs, Robert and Kim suggest now might bet the best time to change your mindset about how you earn your money and learn to see opportunity rather than despair.
Listen as Robert, Kim, and Tom discuss how financial education, not money, is the key to financial transformation.
Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

Click on a timestamp to play from that location

0:00.0	Don't Be Like Charlie.
0:03.0	Charlie is that do it yourself or who does himself in.
0:06.6	Do it yourself is good for tile and grout.
0:09.2	It is not good for asset protection.
0:11.8	Charlie thought he'd save a few dollars forming his LLC online.
0:15.8	With no guidance, he did it wrong.
0:18.0	When he sold the property, he lost thousands and thousands of dollars.
0:21.8	He did himself in by trying to do it himself.
0:24.9	Don't burn yourself.
0:26.5	His corporate direct to set up and maintain your LLCs and corporations.
0:31.3	Corporate direct is owned and operated by attorney and rich dad advisor Garrett Sutton.
0:36.4	Garrett wrote the best seller's loopholes of real estate and start your own corporation.
0:41.0	He is Robert Kiyosaki's attorney for asset protection.
0:44.4	He and his team will do it right.
0:46.6	Visit them at corporatedirect.com or call 800-600-1760.
0:52.1	Watch and Rich Dad and receive $100 off your formation fee.
0:56.0	That's corporatedirect.com.
0:58.2	Corporatedirect.com
1:00.2	Because study is better with play.
1:02.8	Samsung Galaxy TAB S7 FE.
1:05.2	Ready to make the most of your school year?
1:07.1	The ultra-large screen gets you closer to the action, whether you're studying, streaming
	...

Please login to see the full transcript.

Previous episode | Next episode

Disclaimer: The podcast and artwork embedded on this page are from The Rich Dad Company, and are the property of its owner and not affiliated with or endorsed by Tapesearch.

Generated transcripts are the property of The Rich Dad Company and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.