Canadian Wealth Secrets

23 Years Old & Already Thinking Like A Millionaire: A Canadian Business Owner Case Study


Listen Later

Ready to take a deep dive and learn how to generate personal tax-free cash flow from your corporation? Enroll in our FREE masterclass here and book a call here

What if you could lay the perfect financial foundation for your future?

Whether you're just starting your Canadian business journey or already juggling multiple ventures, knowing how and when to scale, structure, and protect your finances can feel overwhelming. Jess and her husband, both in their early 20s, are already building businesses, planning for financial freedom by 45, and making decisions most entrepreneurs delay for years. But even ambitious starters hit walls—especially when it comes to being taken seriously and making smart tax moves early on.

In this episode, you’ll learn:

  • How to decide if (and when) incorporating your business actually makes sense
  • Why understanding retained earnings and tax brackets early can be your financial superpower
  • The essential blueprint for setting up your operating and holding companies to fuel long-term wealth, not just short-term wins

Press play now to learn how to structure your business today so you’re not paying for missed opportunities tomorrow.

Discover which phase of wealth creation you are in. Take our quick assessment and you’ll receive a custom wealth-building pathway that matches your phase and learn our CRA compliant tax optimized strategies. Take that assessment here.

Canadian Wealth Secrets Show Notes Page:

Consider reaching out to Kyle

  • …taking a salary with a goal of stuffing RRSPs;
  • …investing inside your corporation without a passive income tax minimization strategy;
  • …letting a large sum of liquid assets sit in low interest earning savings accounts;
  • …investing corporate dollars into GICs, dividend stocks/funds, or other investments attracting corporate passive income taxes at greater than 50%; or,
  • …wondering whether your current corporate wealth management strategy is optimal for your specific situation.

Navigating entrepreneurship today requires more than just hustle—it demands smart financial systems for entrepreneurs who want lasting success. Whether you're a young entrepreneur just starting out or scaling businesses across industries, understanding Canadian tax strategies and business structure is essential for wealth building. From incorporation and corporate structure optimization to real estate investing and capital gains planning, small business financial planning plays a critical role in achieving financial freedom. Strategic moves like optimizing RRSP room, implementing the Smith Maneuver in Canada, and mastering salary vs dividends

Ready to connect? Text us your comment including your phone number for a response!

Canadian Wealth Secrets is an informative podcast that digs into the intricacies of building a robust portfolio, maximizing dividend returns, the nuances of real estate investment, and the complexities of business finance, while offering expert advice on wealth management, navigating capital gains tax, and understanding the role of financial institutions in personal finance.

...more
View all episodesView all episodes
Download on the App Store

Canadian Wealth SecretsBy Kyle Pearce, Jon Orr

  • 5
  • 5
  • 5
  • 5
  • 5

5

21 ratings


More shows like Canadian Wealth Secrets

View all
Michael Campbell's Money Talks by HPC Inc.

Michael Campbell's Money Talks

83 Listeners

Build Wealth Canada Podcast by Kornel Szrejber: Investor

Build Wealth Canada Podcast

11 Listeners

More Money Podcast by Jessica Moorhouse

More Money Podcast

121 Listeners

The Dividend Guy Blog Podcast by Dividend Guy

The Dividend Guy Blog Podcast

64 Listeners

The Rational Reminder Podcast by Benjamin Felix, Cameron Passmore, and Dan Bortolotti

The Rational Reminder Podcast

445 Listeners

The Canadian Investor by Braden Dennis & Simon Belanger

The Canadian Investor

78 Listeners

The Peak Daily by The Peak / Curiouscast

The Peak Daily

12 Listeners

The Loonie Hour by Steve Saretsky

The Loonie Hour

11 Listeners

Market Call by BNN Bloomberg

Market Call

13 Listeners

The Canadian Real Estate Investor by Daniel Foch & Nick Hill

The Canadian Real Estate Investor

31 Listeners

Long Term Investing - With Baskin Wealth Management by Barry Schwartz

Long Term Investing - With Baskin Wealth Management

7 Listeners

Angry Mortgage by Ron Butler

Angry Mortgage

6 Listeners

TLDR by Devin Friedman, Sarah Rieger, Matthew Karasz

TLDR

31 Listeners

The Wealthy Barber Podcast by The Wealthy Barber Inc.

The Wealthy Barber Podcast

32 Listeners

In the Money with Amber Kanwar by Amber Kanwar

In the Money with Amber Kanwar

7 Listeners