Nikonomics - The Economics of Small Business

237 - What the 'Big Beautiful Bill' Means for Your Business


Listen Later

MY NEWSLETTER - https://nikolas-newsletter-241a64.beehiiv.com/subscribe

Join me, Nik (https://x.com/CoFoundersNik), as I sit down with Trenton Hughes and Chris Munn for a jam-packed episode where we cover everything an entrepreneur needs to know right now.

We kick things off by debating which AI tools are worth paying for, from ChatGPT and Claude to Grok, and discuss how AI might soon replace your doctor.

Then, we dive into the new "big beautiful bill" and what its tax changes mean for you. I'll share why the accelerated depreciation clause is a "massive boon" for entrepreneurs and how you can leverage it by investing in real estate like car washes or storage facilities to potentially pay zero in taxes.

We also break down the confusing new rules on tips and overtime and why we think tipping should be abolished altogether.

Finally, we explore why smart salespeople are ditching Zoom for in-person meetings to close bigger deals.


Questions This Episode Answers

1. Which AI tools are essential for business owners today?

2. How can entrepreneurs use accelerated depreciation to save big on taxes?

3. Will the new tax bill really eliminate taxes on tips and overtime?

4. Why are successful salespeople returning to in-person meetings?

5. Is it a good time for business owners to invest in real estate?

Enjoy the conversation!

__________________________

Love it or hate it, I'd love your feedback.

Please fill out this brief survey with your opinion or email me at [email protected] with your thoughts.

__________________________

MY NEWSLETTER: https://nikolas-newsletter-241a64.beehiiv.com/subscribe

Spotify: https://tinyurl.com/5avyu98y

Apple: https://tinyurl.com/bdxbr284

YouTube: https://tinyurl.com/nikonomicsYT

__________________________

This week we covered:

00:00 Exploring AI Services and Their Impact

10:19 Navigating the Big Beautiful Bill and Real Estate Investment

22:51 Understanding Tax Deductions on Overtime

29:05 The Complexity of Overtime Tax Deductions

35:35 The Shift Back to In-Person Sales

39:49 The Return of Business Travel

44:24 Growing the Podcast Audience

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

Nikonomics - The Economics of Small BusinessBy Nikolas Hulewsky

  • 4.9
  • 4.9
  • 4.9
  • 4.9
  • 4.9

4.9

86 ratings


More shows like Nikonomics - The Economics of Small Business

View all
Startups For the Rest of Us by Rob Walling

Startups For the Rest of Us

697 Listeners

Built to Sell Radio by John Warrillow

Built to Sell Radio

209 Listeners

Founders by David Senra

Founders

2,078 Listeners

Noah Kagan Presents by Noah Kagan

Noah Kagan Presents

901 Listeners

The Game with Alex Hormozi by Alex Hormozi

The Game with Alex Hormozi

4,391 Listeners

POWERS by Chris Powers

POWERS

494 Listeners

My First Million by Hubspot Media

My First Million

2,648 Listeners

Acquisitions Anonymous - #1 for business buying, selling and operating by Bill D'Alessandro, Mills Snell, Heather Endresen, and Michael Girdley

Acquisitions Anonymous - #1 for business buying, selling and operating

244 Listeners

Acquiring Minds by Will Smith

Acquiring Minds

254 Listeners

The Startup Ideas Podcast by Greg Isenberg

The Startup Ideas Podcast

203 Listeners

The UpFlip Podcast by UpFlip

The UpFlip Podcast

252 Listeners

Marketing Against The Grain by Hubspot Media

Marketing Against The Grain

353 Listeners

OPERATORS by OPERATORS

OPERATORS

46 Listeners

Moneywise by Hampton

Moneywise

650 Listeners

The Koerner Office - Business Ideas and Small Business Deep Dives with Entrepreneurs by Chris Koerner

The Koerner Office - Business Ideas and Small Business Deep Dives with Entrepreneurs

219 Listeners