The Secret Weapon for Entrepreneurs: It’s NOT Revenue! | Shannon Weinstein DSH #530

Unlock the secret weapon for entrepreneurs that’s NOT revenue! 🚀 Join us on the Digital Social Hour with Sean Kelly as we dive deep with Shannon Weinstein, founder of Keep What You Earn. In this riveting episode, Shannon spills the beans on why revenue is a vanity metric and what truly drives your business forward. 💰

Packed with valuable insights, Shannon shares why discipline and strategic spending can transform your entrepreneurial journey. Listen in as she debunks the myth that you need an accountant from day one and offers game-changing advice on focusing on profit and EBITDA over revenue. 📈

Don't miss out on this eye-opening conversation! Watch now and subscribe for more insider secrets. 📺 Hit that subscribe button and stay tuned for more eye-opening stories on the Digital Social Hour with Sean Kelly! 🚀

Join the conversation, get inspired, and learn how to truly keep what you earn. 💼 Tune in now! #DigitalSocialHour #SeanKelly #Podcast #Entrepreneurship #ShannonWeinstein #BusinessGrowth #ProfitOverRevenue

#EntrepreneurSuccess #ScalingBusiness #FinancialStrategiesForEntrepreneurs #EntrepreneurAdvice #TaxStrategies

CHAPTERS:

00:00 - Intro

00:35 - Do you need an accountant

01:36 - Revenue is a terrible metric

03:18 - Lifetime revenue metric

06:29 - Do you want your businesses to be profitable year 1

07:37 - What are the winning companies doing that the losing companies aren’t

08:53 - What Were You Doing Before You Started Your Business

09:58 - Moving to Costa Rica

12:52 - Are You Launching a Community

14:02 - Biggest Tax Mistakes People Make

17:04 - AI is getting good

18:37 - Scaling vs. growing

19:47 - EBITDA explained

20:40 - Tax returns vs. books

23:15 - Tax strategies are time intensive

24:58 - Audits

27:30 - IRS access to bank accounts

28:25 - How do you find out you're being audited

30:04 - How do they pick who they audit

31:29 - What Counts as a Write-Off

32:42 - What Receipts to Keep

33:45 - 100% Write-Offs

34:20 - Where to Find Shannon

APPLY TO BE ON THE PODCAST: https://www.digitalsocialhour.com/application

BUSINESS INQUIRIES/SPONSORS: Jenna@DigitalSocialHour.com

GUEST: Shannon Weinstein

https://www.instagram.com/shannonkweinstein

https://www.keepwhatyouearn.com

SPONSORS:

Deposyt Payment Processing: https://www.deposyt.com/seankelly

LISTEN ON:

Apple Podcasts: https://podcasts.apple.com/us/podcast/digital-social-hour/id1676846015

Spotify: https://open.spotify.com/show/5Jn7LXarRlI8Hc0GtTn759

Sean Kelly Instagram: https://www.instagram.com/seanmikekelly/

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