In this episode, we answer common questions from our community, covering when to hire your first employee, the risks of resisting change (with Blockbuster as a cautionary tale), and how the right accountant can boost financial management, savings, and tax strategies. Tune in for actionable steps to accelerate your business and personal growth!

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Timestamps:

00:00:00 - Introduction

00:01:07 - Common Reasons Businesses Fail


00:02:22 - Business Models to Avoid


00:02:53 - Starting a Business: Step-by-Step


00:03:04 - Funding Your Startup

00:03:45 - Conducting Market Research


00:04:48 - Licenses and Permits for Your Business


00:05:19 - The Value of Accountants


00:06:21 - Identifying Tasks to Outsource


00:07:56 - Determining Your Target Audience


00:08:49 - Generating Business Ideas


00:09:20 - Strategies to Pay Less Taxes