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In this episode of the Main Street Business Podcast, hosts Mark J. Kohler and Mat Sorensen present the 4 key benefits of a living trust, no matter your age or wealth status, and how it can secure your family’s financial future after you’re gone. 

Here are some of the highlights:

• Mark and Mat give a thorough explanation of what a living trust is and its role in estate planning.
• Discussion on how a living trust avoids court and probate, keeping matters private.
• An in-depth comparison between a living trust and a will
• Encouragement to consider estate planning for parents or grandparents.
• A break down of how a living trust saves money in the long run by avoiding court fees and legal battles
• Helps prevent heirs from mismanaging their inheritance.
• How a living trust allows for creative distribution of business assets among heirs.
• Mark and Mat urge everyone to budget for estate planning and update plans as needed.

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• Looking to connect with a rock star law firm? KKOS is only a click away!
• Are you ready to get certified in EVERY strategy I teach? Start your journey with a FREE 15-minute discovery call to explore the Main Street Tax Pro Certification.
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In this episode of the Main Street Business Podcast, Mark J Kohler welcomes Anthony Scaramucci, the former White House Director of Communications and founder of Skybridge Capital. The discuss the concept of resilience and the importance of relationships in business.

Here's what you can look forward to in this episode:

• Anthony shares his journey from Main Street to Wall Street and back, highlighting the lessons learned as a small business owner.
• He provides valuable insights into the mindset shift needed to overcome setbacks and build a successful career, emphasizing the importance of relationships over transactions.
• Mark and Anthony discuss the significant differences between the close-knit community of Main Street and the often superficial nature of Wall Street and Hollywood.
• Anthony introduces his new book, "From Wall Street to the White House and Back," and shares anecdotes from his time in the White House, focusing on the lessons learned and the resilience required to bounce back from public scrutiny.
• He underscores the importance of optimism, adaptability, and maintaining a clear vision amidst challenges in the entrepreneurial journey.

The significance of digital currencies, NFTs, and the future of finance are also discussed, with Anthony offering his expert perspective on these emerging markets.

• Grab my eBook 30 Unique Strategies Every Business Owner Should Know!
• You don't want to miss this! Secure your tickets for the #1 Event For Small Business Owners On Main Street America: Main Street 360
• Looking to connect with a rock star law firm? KKOS is only a click away!
• Are you ready to get certified in EVERY strategy I teach? Start your journey with a FREE 15-minute discovery call to explore the Main Street Tax Pro Certification.
• Check out our YOUTUBE Channel Here: https://www.youtube.com/markjkohler
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In this episode of the Main Street Business Podcast, host Mark J. Kohler breaks down the steps to successfully bringing your kids into the business fold and how this move can teach them crucial work ethics and provide substantial tax benefits. Explore detailed, actionable strategies that ensure your family capitalizes on every opportunity.

Here's what you can look forward to:

• Mark begins by emphasizing the significance of getting children on payroll.
• Unpacks the motivations for teaching children work ethic and business principles.
• Importance of legitimizing children's involvement in the business.
• Details on setting up a family support company for S corporations.
• Ensure children over 18 are added to the board of directors or advisors and are issued 1099s or W-2s as appropriate.
• Thoughts on the importance of financial education for children.
• Advice for tax advisors to learn and implement these strategies.

• Grab my eBook 30 Unique Strategies Every Business Owner Should Know!
• You don't want to miss this! Secure your tickets for the #1 Event For Small Business Owners On Main Street America: Main Street 360
• Looking to connect with a rock star law firm? KKOS is only a click away!
• Are you ready to get certified in EVERY strategy I teach? Start your journey with a FREE 15-minute discovery call to explore the Main Street Tax Pro Certification.
• Check out our YOUTUBE Channel Here: https://www.youtube.com/markjkohler
• Craving more content? Check out my Instagram!

In this episode of the Main Street Business Podcast, host Mark J. Kohler welcomes master negotiator and businessman, Chris Voss to discuss his background as the FBI's lead international kidnapping negotiator and how his skills can be used in both the corporate world and everyday life.

Here's what you can look forward to:

• Mark and Chris Demonstrate a negotiation in everyday situations.
• Explanation of negotiation as a collaborative process rather than a competitive one.
• Chris shared a story about negotiating to retrieve lost luggage.
• Emphasized the importance of creating a good impression.
• Understanding the needs and feelings of the other party can influence negotiation outcomes.
• Trusting and developing gut instinct and emotional intelligence in every situation.
• Suggestions for making emotionally intelligent observations to build rapport.

• Grab my eBook 30 Unique Strategies Every Business Owner Should Know!
• You don't want to miss this! Secure your tickets for the #1 Event For Small Business Owners On Main Street America: Main Street 360
• Looking to connect with a rock star law firm? KKOS is only a click away!
• Are you ready to get certified in EVERY strategy I teach? Start your journey with a FREE 15-minute discovery call to explore the Main Street Tax Pro Certification.
• Check out our YOUTUBE Channel Here: https://www.youtube.com/markjkohler
• Craving more content? Check out my Instagram!

In this episode of the Main Street Business Podcast, hosts Mark J. Kohler and Mat Sorensen guide small business owners through the ins and outs of claiming the home office deduction. They also highlight other valuable tax write-offs, encouraging everyone to maximize their savings. Tune in to learn how to keep more of your hard-earned money!

Here's what you can look forward to:

• Mark and Mat emphasize the importance of understanding the home office deduction and its representation for small business owners.
• They map out the different strategies that exist for various business structures like S corp, schedule C, schedule E, and schedule F
• Detail the different methods for calculating the home office deduction, such as the regular method and the simplified method.
• Expanding the use of home space beyond traditional office settings, such as using kitchens for catering businesses
• Highlight other key business strategies, including putting kids on payroll, funding retirement accounts.
• Suggest thinking outside the box and considering what each business needs when utilizing home space.
• Encourage business owners to demand conversations with accountants about maximizing deductions.

• Grab my eBook 30 Unique Strategies Every Business Owner Should Know!
• You don't want to miss this! Secure your tickets for the #1 Event For Small Business Owners On Main Street America: Main Street 360
• Looking to connect with a rock star law firm? KKOS is only a click away!
• Are you ready to get certified in EVERY strategy I teach? Start your journey with a FREE 15-minute discovery call to explore the Main Street Tax Pro Certification.
• Check out our YOUTUBE Channel Here: https://www.youtube.com/markjkohler
• Craving more content? Check out my Instagram!

In this episode of the Main Street Business Podcast, host Mark J. Kohler welcomes entrepreneur and GameStop co-founder, Gary Kusin to share his insights and experience with other aspiring leaders. Gary maps out his journey to becoming an industry leader himself and empowers emerging entrepreneurs to think beyond predefined passions.

Here's what you can look forward to:

• Mark delves into Gary’s impressive career trajectory and how it’s made an impact on the corporate world.
• The importance of applying an analytical approach to different ventures.
• How Gary transitioned to the CEO role at Kinko's to implement a customer-centric approach.
• Emphasize the significance of creating a culture around customer interactions.
• Developing leadership principles based on personal experiences.
• Encouraging entrepreneurs to seize every opportunity that comes their way.

• Grab my eBook 30 Unique Strategies Every Business Owner Should Know!
• You don't want to miss this! Secure your tickets for the #1 Event For Small Business Owners On Main Street America: Main Street 360
• Looking to connect with a rock star law firm? KKOS is only a click away!
• Are you ready to get certified in EVERY strategy I teach? Start your journey with a FREE 15-minute discovery call to explore the Main Street Tax Pro Certification.
• Check out our YOUTUBE Channel Here: https://www.youtube.com/markjkohler
• Craving more content? Check out my Instagram!

In this episode of the Main Street Business Podcast, hosts Mark J. Kohler and Mat Sorensen delve into how business owners can properly form an LLC. Together, they walk you through everything from selecting the ideal state for your LLC to dispelling misconceptions and providing professional tips on LLC setup, safeguarding assets, tax planning, and beyond!

Here's what you can look forward to:

• Mark and Mat highlight the significance of selecting the appropriate state for setting up your business entity.
• Emphasize the need to consider employment issues and operational locations when deciding on the state.
• Unpack advanced asset protection strategies as your business grows and expands.
• Explore the concept of nonprofit LLCs and their role in charitable events and fundraising.
• List the benefits of focusing on core business activities rather than complex entity structuring.
• The importance of thorough planning, compliance, and avoiding shortcuts in entity setup and structuring processes.

• Grab my eBook 30 Unique Strategies Every Business Owner Should Know!
• You don't want to miss this! Secure your tickets for the #1 Event For Small Business Owners On Main Street America: Main Street 360
• Looking to connect with a rock star law firm? KKOS is only a click away!
• Are you ready to get certified in EVERY strategy I teach? Start your journey with a FREE 15-minute discovery call to explore the Main Street Tax Pro Certification.
• Check out our YOUTUBE Channel Here: https://www.youtube.com/markjkohler
• Craving more content? Check out my Instagram!

In this episode of the Main Street Business Podcast, host Mark J Kohler shares an insider's perspective on becoming a successful Tax Advisor. Mark maps out the process, reveals the untold benefits and dispels the common myths of advisory services, and encourages you to take the next step.

Here are some of the highlights:

• Mark urges you to set goals, establish their motivation, and self-evaluate before making the leap into advisory.
• Mark maps out the technical training steps: becoming a certified tax advisor, enrolled agent, and training on tax return preparation.
• Emphasizes the need for street-smart tax strategies to provide valuable advice to clients.
• Importance of hiring an executive assistant to handle administrative tasks and support client management.
• Encouragement to follow ALL the necessary steps for building a successful advisory practice.
• Overview of the resources, benefits, and training opportunities within the Main Street Tax Pro Network.
• Details on conferences and workshops offered to enhance skills and collaboration in the tax advisory field.

This episode is a must listen for anyone looking to build a successful tax advisory practice!

• Grab my eBook 30 Unique Strategies Every Business Owner Should Know!
• You don't want to miss this! Secure your tickets for the #1 Event For Small Business Owners On Main Street America: Main Street 360
• Looking to connect with a rock star law firm? KKOS is only a click away!
• Are you ready to get certified in EVERY strategy I teach? Start your journey with a FREE 15-minute discovery call to explore the Main Street Tax Pro Certification.
• Check out our YOUTUBE Channel Here: https://www.youtube.com/markjkohler
• Craving more content? Check out my Instagram!

In this episode of the Main Street Business Podcast, host Mark J Kohler delves into the eight common blunders that new investors make when acquiring their first rental property. Learn valuable tips on how to sidestep these errors and set yourself up for a prosperous rental experience.

Here's what you can look forward to:

• Mark highlights the significance of tracking expenses from the start to classify them as startup costs.
•  Emphasizes the need for a proper LLC for asset protection when owning a rental property.
• How to set up a separate bank account for the LLC to avoid commingling of funds.
• The benefits of using a warranty deed and seeking professional assistance for the process.
• The need for landlord insurance to protect against unforeseen events and liabilities.
• The importance of knowing and understanding lease agreements as a property owner.

• Grab my eBook 30 Unique Strategies Every Business Owner Should Know!
• You don't want to miss this! Secure your tickets for the #1 Event For Small Business Owners On Main Street America: Main Street 360
• Looking to connect with a rock star law firm? KKOS is only a click away!
• Are you ready to get certified in EVERY strategy I teach? Start your journey with a FREE 15-minute discovery call to explore the Main Street Tax Pro Certification.
• Check out our YOUTUBE Channel Here: https://www.youtube.com/markjkohler
• Craving more content? Check out my Instagram!

In this episode of the Main Street Business Podcast, host Mark J Kohler interviews Jeffrey Hayzlett, a renowned business advisor, keynote speaker, and global business celebrity. Today, Jeffrey shares his most important business learnings after 26 years and over 200 businesses being bought and sold.

Here's what you can look forward to in this episode:

• Jeffrey discusses how his journey in business leadership led him to becoming a celebrity judge on NBC's 'Celebrity Apprentice'
• Mark and Jeffery talk about the importance of content creation and media presence in modern business. 
• Jeffrey introduces the "Hero Factor", explaining how values-based operations can drive business growth and foster a positive business culture.
• Jeffrey emphasizes the critical role of data in business decisions and highlights the importance of constantly evaluating business operations and performance.
• They discuss the growing trend of marketing to segments of one, the importance of authenticity in business, and learning from both business successes and failures.

Tune in for these insights and more, as Jeffrey Hayzlett shares his wisdom on navigating today's dynamic business landscape.

Learn more about Jeffery Hayzlett here: https://hayzlett.com/

• Grab my eBook 30 Unique Strategies Every Business Owner Should Know!
• You don't want to miss this! Secure your tickets for the #1 Event For Small Business Owners On Main Street America: Main Street 360
• Looking to connect with a rock star law firm? KKOS is only a click away!
• Are you ready to get certified in EVERY strategy I teach? Start your journey with a FREE 15-minute discovery call to explore the Main Street Tax Pro Certification.
• Check out our YOUTUBE Channel Here: https://www.youtube.com/markjkohler
• Craving more content? Check out my Instagram!