Before we jump in: Estimate how much you could save in taxes by doing a cost seg study and taking bonus depreciation on your real estate. Try this calculator to see the numbers. -- 9 rules to follow when starting your first business: 1. Cast a wide net, then specialize As your business grows you will specialize. You are focusing on the customers that are the most profitable. You are reading the market signals and finding the underserved niches. You are designing your service around the 20% of...

A few years ago I was drowning in admin work and spending my nights and weekends answering emails, catching up on invoicing, scheduling out my week and more. I was building two companies and they were growing fast. I also had kids and a busy family. It was a full time job just to stay organized. Things were coming at me from all angles. Travel. Meetings. Endless emails. Payroll. Bookkeeping. Events. The to-do list around my house. General life stuff. It was a nightmare and it easily took...

Quick note: If you invest in real estate, it takes 20 seconds to see how much money you can save in taxes by doing a cost seg & taking 100% bonus depreciation. Use this calculator to see the math. -- Navigating the inevitable dip Every business or project or hobby is very fun in the beginning because the progress is coming quick. You’re improving by leaps and bounds. You’re getting the first customers. You’re quickly launching a website and designing a logo. It is full speed and fun. Then...