In this episode, I use the great Benjamin Franklin quote to discuss how to raise entrepreneurial children, save on taxes, and create value-driven companies.
For a backdrop, I give some takeaways from Charles Koch’s book, Good Profit, where he shares the success secrets of their family of companies.
Episode Highlights
- Exploring the tax strategies for business owners
- Letting your children to work for your business
- Exploring the benefits of teaching children about business and entrepreneurship
- Paying children for self-employment tax savings
- Tax strategies for starting a business and paying family members
- Charles Koch’s book, Good Profit, and the American Dream Story
- Charles Koch’s market-based management principles
- The power of character: How to achieve good profit through values
- Two things that can go wrong when you have a stated vision and you don’t treat it correctly
- Key principles for successful leadership
- 10 keys to successful business management
Links and Resources from this Episode
- Connect with Gary Pinkerton
- https://www.paradigmlife.net/
- gpinkerton@paradigmlife.net
- https://garypinkerton.com/
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