The Importance of Entrepreneurship and How to Deduct Everything

In today’s climate with COVID-19, money is on everybody’s mind. With uncertainty in the air and putting new pressure on generating income, a lot of people are taking things into their own hands and starting their own businesses from home.

This might seem like a risk you’re not willing to take, especially in the time of coronavirus, but virus or no virus, striking the entrepreneurial nerve, and starting up a side hustle or a self-made business could change your life!

On this episode of the His and Her Money Show, certified financial planner Carter Cofield is back on the podcast and we’re talking business: YOUR business.

Carter knows what he’s talking about when it comes to money so it’s no question why we want you to hear everything he’s got to say about entrepreneurship, and stepping out of your comfort zone to start your own business.

When it comes to choosing a career path, it’s easy to do what we’re “supposed” to do. School, career, then retirement. Carter knew he was gonna be a CPA in high school, so he set his goals, worked for it, and got to exactly where he needed to be.

Or, where he thought he needed to be. Then by chance, his cousin – an entrepreneur – inspired him to break the chain and start his own business, and he hasn’t looked back since.

Side hustles and self-made businesses have blown up over the last several years. There’s a big reason why, and this episode is all about it. Carter has an incredible wealth of knowledge from his first-hand experience taking the entrepreneurship leap.

And he’s giving all that out, why entrepreneurship is where it’s at and how you can get inspired, get involved, and get serious about starting your business and building wealth. You won’t want to miss this, and you could walk away with the tools you need to get started on your own entrepreneurship journey!

What You Will Learn

  • Quick and easy accounting
  • Wealth-building in the time of coronavirus
  • How Carter grew his entrepreneurial success
  • Figuring out your career path
  • Making the transition to full-time entrepreneurship
  • Tax deduction tips and tricks
  • The importance of employment security
  • Unpacking the why and how of tracking your business expenses

Resources Mentioned

Thanks For Listening!

Thanks for tuning in to us on The His & Her Money Show. If you’ve enjoyed this episode, please share it using the social media buttons at the bottom of the post.

 




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