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Dave and Shannon kick off episode 692 with a Shopify sponsor read and dive into listener-submitted interview questions. Jeff’s favorite prompt—“How many gas stations are in the U.S.?”—is used to evaluate problem-solving under pressure, not factual recall. Shannon riffs on the persuasive power of specific numbers and “making the truth fantastic,” while Dave notes real estimates vary widely. Todd’s “What would you put on a bumper sticker?” uncovers candidates’ core beliefs; the hosts swap their own slogans and talk about how pithy lines often emerge over the years, not on demand.
Listener Andrew asks whether his fabrication LLC should bill his rental-property LLC. The hosts recommend billing (or at least tracking) to expose true margins, enable clean property-level P&Ls, support valuations, and strengthen leverage with banks or vendors—while reminding Andrew to confirm structure and tax treatment with a CPA and attorney. They wrap by inviting more questions at [email protected] and signing off with their “charmed life” mantra.
The post Dave and Shannon AMA – Business Brain 692 appeared first on Business Brain - The Entrepreneurs' Podcast.
5
4545 ratings
Dave and Shannon kick off episode 692 with a Shopify sponsor read and dive into listener-submitted interview questions. Jeff’s favorite prompt—“How many gas stations are in the U.S.?”—is used to evaluate problem-solving under pressure, not factual recall. Shannon riffs on the persuasive power of specific numbers and “making the truth fantastic,” while Dave notes real estimates vary widely. Todd’s “What would you put on a bumper sticker?” uncovers candidates’ core beliefs; the hosts swap their own slogans and talk about how pithy lines often emerge over the years, not on demand.
Listener Andrew asks whether his fabrication LLC should bill his rental-property LLC. The hosts recommend billing (or at least tracking) to expose true margins, enable clean property-level P&Ls, support valuations, and strengthen leverage with banks or vendors—while reminding Andrew to confirm structure and tax treatment with a CPA and attorney. They wrap by inviting more questions at [email protected] and signing off with their “charmed life” mantra.
The post Dave and Shannon AMA – Business Brain 692 appeared first on Business Brain - The Entrepreneurs' Podcast.
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