In Episode #37, we discuss networking tactics for busy entrepreneurs and aspiring entrepreneurs. If you’re sick of attending the same networking events over and over again, we have a new plan for you. In the second segment hosts Elizabeth Larkin and Gene Marks talk a business owner through the process of selecting a structure. What does it mean to be C Corp vs. S Corp? Finally, in the third segment, Gene and Elizabeth discuss how China is a big opportunity for small businesses.
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Show Notes
* Podcast from BBC: In Our Time
* How to Pick Your Business Structure
* Advantages and Disadvantages of C Corporations
* Advantages and Disadvantages of S Corporations
Transcript
Elizabeth: Okay we are back with another exciting episode of The Small Biz Ahead podcast. Gene, how are you doing?
Gene: I am doing well. How are you doing?
Elizabeth: I’m doing okay. I actually didn’t get woken up by my dog in the middle of the night last night, to go out.
Gene: Do we always get back to the pets, and the dogs?
Elizabeth: And you got up at what time to get here?
Gene: To get here I left at four in the morning, and drove to get here. I have been listening to podcasts along the way. Great podcast for your listeners, that doesn’t even compete with this one, I just want to say. BBC Four, it is on CastBox. You can get it as a podcast called, In Our Time, and it’s a history show.
Elizabeth: Nice!
Gene: It’s been going on for a few years. They have it every week. It’s one guy that hosts it. He has two or three very British academics that speak like, “You know, oh” .
Elizabeth: I love that.
Gene: They are all very much smarter than all of us, of course, because they are academics, and they are from England.
Elizabeth: Yeah.
Gene: They pick a specific topic in history like, The Dutch East India Company, Alexander the Great, The Great Wall of China, whatever it is. For forty-five minutes they just riff about it.
Elizabeth: Nice.
Gene: It’s absolutely fascinating.
Elizabeth: Then when you go to cocktail parties, you are like the most interesting man in the room.
Gene: Oh, I’m so smart. You know what it does? We talk about different things that help you with balance in your life and running a business and all of that.
Elizabeth: Yeah.
Gene: I’m listening for an hour about The Dutch East India Company and how they collapsed, or I listen about the Augustan Age, or whatever.
Elizabeth: Mm-hmm (affirmative)-
Gene: It really does put things into perspective.
Elizabeth: Yeah.
Gene: You know? This isn’t about the Spanish Inquisition.
Elizabeth: How, like, exciting CRMs are?
Gene: It does! Thank God we live in 2017. Whatever problems and issues there might be in ...