Shannon's Appearance on "Digital Business Evolution" with Jess DeRose

Description

We dive into my journey from a childhood influenced by my father, who was a CPA to becoming a successful business owner and financial educator. I share invaluable insights on how entrepreneurs can better manage their finances, the importance of tax planning, and the common mistakes to avoid.

We also touch on the importance of mindset in financial success and the necessity of diversifying both revenue streams and investments. This episode is packed with practical advice for entrepreneurs at any stage of their financial journey. Tune in to learn how to scale your business, save money in taxes, and create a sustainable and profitable venture.

What You'll hear in this episode:

[04:25] Shannon's Journey into Accounting

[08:10] Lessons from Shannon's Father

[12:35] Building a Business and Finding Fulfillment

[21:40] The Turning Point: Leaving the Corporate Job

[26:45] Working with Entrepreneurs and Business Owners

[28:45] Financial Advice for New Business Owners

[33:40] Misconceptions About Business Write-Offs

[37:05] Understanding Business Revenue and Profit

[41:35] Tax Planning and Financial Strategies

[45:55] Rapid Fire Questions and Personal Insights

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