The Wealth Opportunity: Business Owners' Unfair Advantage

EP 003: There’s a great movie you might have heard of, called ‘The Matrix’

Where everyone is plugged into the world that has been put in front of their eyes.

Not Neo though…

He knows that the way he wins is by not operating like everyone else who is plugged into the Matrix

And, this is a lot like society

Everyone is running around accepting what is given to them…

And hoping that their wealth will naturally grow or the Government (or Agents) will look after them

Not us Business Owners though

Just like Neo, we are the ones who have already unplugged ourselves

The only difference now is learning how to use this to our advantage

And this is what we hope you get out of this episode.

Episode Highlights:
00:00 Introduction
02:01 What is an unfair advantage for business owners?
03:10 The benefits of having time flexibility
04:22 Charley’s and Grant’s experiences in having a flexible schedule
07:21 Using the ability to control your income
10:53 Having the power to adjust your numbers for lending
11:43 Charley’s story about lending as a business owner
13:10 Method of lending for employees vs. business owners
14:22 The strategy that Grant used to increase his business’ profitability
15:50 Charley’s and Grant’s experiences working with professionals
17:48 Adjusting income or distributions to maximise tax brackets
22:35 Utilise available structures to maintain a good tax balance
25:32 How risk mitigation is different for business owners
28:00 Getting the freedom to collect and hold tax payments until ready
30:08 The most important unfair advantage for Charley and Grant

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