319. America Wants You To Start A Business

319. America Wants You To Start A Business

Happy 4th of July! In this episode we are digging the entrepreneurial spirit in America and the incentives for starting a business.

We talk through how America’s history of entrepreneurship and capitalism has driven innovation and economic growth.

We highlight tax incentives for business owners, like deductions for office space and home office expenses, and the importance of a good accountant. Jon shares the Australian perspective, touching on the "tall poppy syndrome" and lack of government support.

We emphasize how you can use proactive tax planning and ethical business practices to maximize growth and success.

Links

Sponsors

Timestamps

America's Incentives for Entrepreneurship (00:00:00)

Discussion on America's history of entrepreneurship, the celebration of the entrepreneurial spirit, and tax incentives for business owners.


Australia's Attitude Towards Entrepreneurship (00:02:14)

Comparison of the attitudes towards entrepreneurs in the US and Australia, including government support and public perception.


Criticism of Wealth and Taxation (00:04:11)

Debate on the criticism faced by entrepreneurs and wealthy individuals regarding taxes and societal attitudes.


The Burden and Rewards of Entrepreneurship (00:09:15)

Exploration of the risks, burdens, and rewards of entrepreneurship, including the concept of leverage and personal responsibility.


Capitalism and Entrepreneurship (00:13:03)

The role of entrepreneurs in shaping America's history, the impact of capitalism, and the incentives for entrepreneurs in the US.


Tax Breaks and Business Expenses (00:15:39)

Explanation of tax deductions and business expenses in the US, including home office deductions and incentives for business growth.


Tax Planning and Benefits (00:16:32)

Discussion on tax planning, expenses, and utilizing government incentives to benefit business owners.


Utilizing Government Schemes (00:17:17)

Exploring ways to use companies and trusts, applying for grants, and utilizing government schemes to benefit business.


Maximizing Tax Benefits (00:18:26)

Exploring various ways to offset income through legal means and the importance of finding a good accountant.


Ethical Entrepreneurship (00:22:35)

Encouragement to start a business ethically and serve the community, with a reminder of the potential for self-development through entrepreneurship.

Jaksot(433)

[R] 10 Months To $750K Revenue Dropshipping!

[R] 10 Months To $750K Revenue Dropshipping!

In this throwback episode of the Dropship Podcast, have a listen to how Jayden started from scratch and quickly went on to reaching a total of $750,000 in sales in just 10 months!Jayden is a great example of what's possible with our Dropship Breakthru method if you are consistent and put in the work.Links⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠https://dropshipbreakthru.com/checklist⁠⁠ - Grab our Ultimate High-Ticket Dropshipping Checklist Bundle for just $9⁠⁠⁠⁠⁠⁠⁠⁠https://dropshipbreakthru.com/go⁠⁠⁠⁠⁠⁠⁠⁠ - Learn how high ticket dropshipping works and how you can get started in this free training.⁠⁠⁠Sponsors⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠DropshipBreakthru.com/Clearsale⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠  — Add this app to your business and never worry about fraud chargebacks again.⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠DropshipBreakthru.com/Shopify⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ — The only Ecommerce platform we recommend.⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠DropshipBreakthru.com/Openphone— Get an 800 number for your business from Openphone⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠DropshipBreakthru.com/Rewind⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠— Automatically back up your Shopify store data (This app is a must!)⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠DropshipBreakthru.com/PrimedMind⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ — Get coached by the #1 Mindset Coach in the world, Elliot Roe

9 Loka 202549min

Make an Extra $1,000/Month with High Ticket Dropshipping (Even If You're Barely Trying) — Ep. 395

Make an Extra $1,000/Month with High Ticket Dropshipping (Even If You're Barely Trying) — Ep. 395

What if you could make an extra $1,000 a month spending just 3 hours on it? That's exactly what BK's doing with his dropshipping store and he's barely trying.

7 Loka 20255min

[R] How To Find USA Based Dropshipping Suppliers

[R] How To Find USA Based Dropshipping Suppliers

In this throwback episode of the Dropship Podcast, we're talking about finding the right dropshipping suppliers in the USA.We don't recommend dropshipping directories or softwares like so many other "gurus".The right way to do it is work directly with brands and build relationships within your niche.Listen in to learn more!Links⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠https://dropshipbreakthru.com/checklist⁠⁠ - Grab our Ultimate High-Ticket Dropshipping Checklist Bundle for just $9⁠⁠⁠⁠⁠⁠⁠⁠https://dropshipbreakthru.com/go⁠⁠⁠⁠⁠⁠⁠⁠ - Learn how high ticket dropshipping works and how you can get started in this free training.⁠⁠⁠Sponsors⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠DropshipBreakthru.com/Clearsale⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠  — Add this app to your business and never worry about fraud chargebacks again.⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠DropshipBreakthru.com/Shopify⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ — The only Ecommerce platform we recommend.⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠DropshipBreakthru.com/Openphone— Get an 800 number for your business from Openphone⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠DropshipBreakthru.com/Rewind⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠— Automatically back up your Shopify store data (This app is a must!)⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠DropshipBreakthru.com/PrimedMind⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ — Get coached by the #1 Mindset Coach in the world, Elliot Roe

2 Loka 202516min

Good Niche/Bad Niche: Industrial Sensors — Ep. 394

Good Niche/Bad Niche: Industrial Sensors — Ep. 394

In this episode, BK and Jon stumble into what might be the holy grail of dropshipping niches: industrial sensors. These mysterious little devices - from VOC monitors to penetrometers (yes, that's a real thing) - check every box for the perfect dropshipping product: high ticket prices ($1,000-$7,500+), tiny shipping boxes, and virtually zero competition.

30 Syys 202519min

[R] Ready For Q4 In Dropshipping?

[R] Ready For Q4 In Dropshipping?

In this throwback episode of the Dropship Podcast, we talk through prepping for Q4 in e-commerce, especially Black Friday and Cyber Monday.We share experiences of hitting million-dollar sales days and stressed the importance of preparation.We discuss the differences between high-ticket and low-ticket dropshipping, noting that high-ticket items have fewer but more substantial sales.To maximize Q4 you need solid offers and proactive supplier communication. We also covered tactical advice like early ad setup, email marketing, and bundling products to create value.If you're gearing up for Q4, this episode is packed with actionable insights to help you succeed!Links⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠https://dropshipbreakthru.com/checklist⁠⁠ - Grab our Ultimate High-Ticket Dropshipping Checklist Bundle for just $9⁠⁠⁠⁠⁠⁠⁠⁠https://dropshipbreakthru.com/go⁠⁠⁠⁠⁠⁠⁠⁠ - Learn how high ticket dropshipping works and how you can get started in this free training.⁠⁠⁠Sponsors⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠DropshipBreakthru.com/Clearsale⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠  — Add this app to your business and never worry about fraud chargebacks again.⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠DropshipBreakthru.com/Shopify⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ — The only Ecommerce platform we recommend.⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠DropshipBreakthru.com/Openphone— Get an 800 number for your business from Openphone⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠DropshipBreakthru.com/Rewind⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠— Automatically back up your Shopify store data (This app is a must!)⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠DropshipBreakthru.com/PrimedMind⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ — Get coached by the #1 Mindset Coach in the world, Elliot Roe

25 Syys 202534min

Don't Dropship Furniture! — Ep. 393

Don't Dropship Furniture! — Ep. 393

Jon explains why furniture is one of the worst product categories for new entrepreneurs and reveals what to sell instead for higher profits and less competition.

23 Syys 202516min

[R]  7 Dropshipping Myths That Are Secretly Sabotaging Your Success

[R] 7 Dropshipping Myths That Are Secretly Sabotaging Your Success

Is dropshipping really a passive income business model? Guess what? If it were, everybody would be doing it. Many would quit their jobs and go all in.You’ve probably heard another guru promising you’ll make six figures overnight with dropshipping; however, that’s not how it works.In this week’s myth-busting episode, we’re debunking the seven (7) biggest dropshipping myths that are secretly sabotaging your success.You’ll learn how high-ticket products, excellent customer service, and knowing your audience, to name a few, are the real keys to sustainable dropshipping success.Are you ready to cut through the noise and build a “real” dropshipping business?Let’s dive into this throwback episode!Links⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠https://dropshipbreakthru.com/checklist⁠⁠ - Grab our Ultimate High-Ticket Dropshipping Checklist Bundle for just $9⁠⁠⁠⁠⁠⁠⁠⁠https://dropshipbreakthru.com/go⁠⁠⁠⁠⁠⁠⁠⁠ - Learn how high ticket dropshipping works and how you can get started in this free training.⁠⁠⁠Sponsors⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠DropshipBreakthru.com/Clearsale⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠  — Add this app to your business and never worry about fraud chargebacks again.⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠DropshipBreakthru.com/Shopify⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ — The only Ecommerce platform we recommend.⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠DropshipBreakthru.com/Openphone— Get an 800 number for your business from Openphone⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠DropshipBreakthru.com/Rewind⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠— Automatically back up your Shopify store data (This app is a must!)⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠DropshipBreakthru.com/PrimedMind⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ — Get coached by the #1 Mindset Coach in the world, Elliot Roe

18 Syys 202510min

This Dropshipper Paid $5K to Attend Hormozi's Event — Ep. 392

This Dropshipper Paid $5K to Attend Hormozi's Event — Ep. 392

At 23, Matt Gemkow is crushing the dropshipping stereotype. He's on track for $4 million in revenue selling high-ticket gym equipment at SelectFitness.com, and he just invested $5,000 to attend Alex Hormozi's exclusive Vegas mastermind.

16 Syys 202543min

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