Start Your Side Hustle/New Business The Right Way (SB1485)

The Stacking Benjamins Show

Joe Saul-Sehy and Josh ‘OG’ Bannerman, CFP

Personal Finance, Financial Planning, Education, Retirement, Investing, Cfp, Business, Money

4.4 • 2K Ratings

🗓️ 4 March 2024

⏱️ 72 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

So many new businesses start every year, only to fail weeks or months later. Sadly, many of the missteps these would-be business owners made could have been presented if they'd followed some fairly simple steps. CPA Michele Cagan not only owns her own small business, she counsels many business owners with their taxes and their business plans. She joins us today to share some of the most essential nuggets new business owners and side hustlers need to know, from her new book, Starting a Business 101.

In our headline segment, Capital One has acquired Discover. What does this mean for Discover and Capital One cardholders and clients? We'll dive into all of the details and what experts are predicting will happen to the benefits cardholders of each company can expect. Good news no matter whether you're a Discover or Capital One customer...experts seem to believe things are looking up across the board.

Of course, we'll also share a TikTok minute AND discuss backdoor Roth IRAs, mega-backdoor Roth IRAs (aka - "Doug's Mom IRAs"), and much, much more. Of course, we save time to wander out to the back porch and share our favorite films and television shows...and others we don't care for so much.

FULL SHOW NOTES: https://www.stackingbenjamins.com/how-to-start-a-business-101-michele-cagan-1485

Deeper dives with curated links, topics, and discussions are in our newsletter, The 201, available at https://www.stackingbenjamins.com/201

Enjoy!

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Transcript

Click on a timestamp to play from that location

0:00.0	It's Monday and sadly, oh, gee, I woke up with a cold today.
0:03.4	It's like 80 degrees outside. Are you sure that it's probably allergies? I actually went to bed with the cold last night too. But just, no, it's getting worse. Did you take your Allegra? Is that the little blue pill? This one's purple. It says a whole different thing. That explains a lot, doesn't it? My mistake, but I do feel very happy to see you today. I'm sneezing, but this is new.
0:23.0	All right.
0:24.1	We should probably just... That explains a lot, doesn't it? My mistake, but I do feel very happy to see you today.
0:21.2	I'm sneezing, but this is new.
0:23.0	All right.
0:24.2	We should probably just raise our glass. Get on with it, man. We got a week to do. In fact, it's so great to see you after a week off. I see you. It doesn't feel like a week off, but... It does not at all. here's to the men and women in our military.
0:36.1	Cheers.
0:36.9	We missed you.
0:38.1	Thanks for keeping us safe last week.
0:40.0	On behalf of the men and women in our military. Cheers. We missed you.
0:38.1	Thanks for keeping us safe last week.
0:40.0	On behalf of the men and women at Navy Federal Credit Union and the men and women making
0:43.0	podcast to Mom's Basement, let's go stack some benjamins together, shall we?
0:46.6	Cheers.
0:47.9	Here's the song that we'd like to do for all the younger set of people, the teenagers and what have you.
0:52.6	This one's called Vacations Open.
0:58.4	Vacations over.
1:01.5	It's over.
1:02.7	It's over.
1:08.3	Live from Joe's Mom's Basement, it's the Stacking Benjamin's show.
1:17.8	I'm Joe's mom's neighbor, Doug, and today you'll learn how to start a business with CPA and author Michelle Kagan.
	...

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