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/
• [email protected]
• https://garypinkerton.com/

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