What’s Kenner French Thinking!

AI is evolving rapidly, and it is important for small business owners to stay informed and engaged with the technology. The AI4 conference in Las Vegas highlighted several key themes, including ethics, the future applications of AI, and the increasing adoption of AI by traditional industries.

The conference also discussed the emergence of multimodal AI, which incorporates text, images, and videos. The cost of AI is decreasing, making it more accessible, but also potentially pricing out smaller players. Overall, the conference showcased the ongoing advancements and potential of AI.

Takeaways

• Small business owners should dedicate time to learning about AI and its potential impact on their business.

• Sponsoring or attending AI-oriented meetups and conferences can provide valuable insights and networking opportunities.

• Ethics in AI, including transparency and responsible use, are becoming increasingly important.

• The future of AI lies in automation and the ability to perform tasks without constant human interaction.

• Traditional industries, such as insurance and commercial real estate, are embracing AI.

• The cost of AI is decreasing, but it may still pose a barrier for smaller businesses.

• Multimodal AI, incorporating text, images, and videos, is an emerging trend.

• AI is constantly evolving, and staying up to date with the latest advancements is crucial for business success.

Sound Bites

• AI is changing

• If you don't know AI now, well, you're going to be a thing of the past

• The ethics of artificial intelligence

If you have any questions in general you can reach our office at:

VastSolutionsGroup.com

Phone: 415-854-6512

Email: [email protected]

Monday-Thursday 8:00 AM – 5:00 PM (Pacific)

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Kenner and Joe Del Monte discuss strategies to lower taxes and achieve high rates of return through investing in oil and gas drilling. They highlight the simplicity of investing in oil and gas, the significant tax benefits, and the potential for good rates of return. Joe explains that investing in working interests in oil and gas wells allows for a massive deduction on the front end, reducing taxable income.

He also discusses the three pillars of tax benefits: intangible drilling costs, tangible drilling costs, and tax-free income. Joe emphasizes the importance of investing in proven acreage and the role of reservoir engineering in reducing risk. They conclude by providing contact information for those interested in learning more about investing in oil and gas.

Takeaways

• Investing in working interests in oil and gas wells can provide significant tax benefits, including a massive deduction on the front end and the ability to write off intangible and tangible drilling costs.

• The rates of return in oil and gas drilling can be good, but they are dependent on factors such as oil prices and the quality of the acreage being drilled.

• Investing in proven acreage and utilizing reservoir engineering can help reduce risk and increase the chances of a successful investment.

• The process of investing in oil and gas is relatively simple, with the ability to open an account online and receive regular updates and statements.

• For more information on investing in oil and gas, visit the Invito Energy Partners website or contact Joe Del Monte directly.

Sound Bites

• Tax savings and big rates of return.

• You get a massive deduction on the front end for owning these working interests in new wells.

• It's a clean way to go about reducing your taxable income.

If you have any questions in general you can reach our office at:

VastSolutionsGroup.com

Phone: 415-854-6512

Email: [email protected]

Monday-Thursday 8:00 AM – 5:00 PM (Pacific)

Thank you for listening!

Kenner French interviews Bill Fairman about ways to make big money in real estate. They discuss the benefits of being on the banking side of real estate, such as lower risk and less responsibility for property management.

They also explore the concept of self-directed retirement accounts and how they can be used to invest in real estate. Bill emphasizes the importance of generating passive income in retirement and being tax-efficient in investment strategies.

Takeaways

• Real estate is a longer-term process, and being on the banking side is a steady and safe way to make money.

• Lending in real estate allows for lower risk and less responsibility for property management.

• Self-directed retirement accounts can be used to invest in real estate and provide tax benefits.

• Generating passive income in retirement is crucial, and it's important to be tax-efficient in investment strategies.

Sound Bites

• Ways to make big money with Bill Fairman

• When you're the lender, you're only risking somewhere between 50, 60, 70% of the value.

• You can take that same three hundred thousand dollars at eight and a half percent compounded and in twenty years you'll have one point nine

If you have any questions in general you can reach our office at:

VastSolutionsGroup.com

Phone: 415-854-6512

Email: [email protected]

Monday-Thursday 8:00 AM – 5:00 PM (Pacific)

Thank you for listening!

R. Kenner French interviews Nancy Steidl about international clients and how to add value to startup companies. They discuss the importance of doing a business plan for international markets, understanding cultural differences and tax structures, and conducting thorough research on target audiences and growth opportunities. Nancy also shares insights on using AI to gather market information and navigate intellectual property laws in different countries.

The conversation highlights the significance of understanding jurisdictional requirements and the time-consuming process of obtaining intellectual property rights. Nancy provides her contact information for those interested in reaching out to her.

Takeaways

• Doing a business plan is crucial when entering international markets.

• Understanding cultural differences and tax structures is essential for success in different countries.

• Thorough research on target audiences and growth opportunities is necessary before setting up a business in a new location.

• AI can be used to gather market information and navigate intellectual property laws in different countries.

Obtaining intellectual property rights can be a lengthy process, and it is important to start early.

• Nancy Steidl can be contacted through her website or social media platforms.

Sound Bites

• We're going to talk for about 10 minutes talking about international clients, meaning outside the United States, maybe even inside the United States really quickly.

• It's very important that you do a business plan for that international market because a lot of people think well, you know I'm in the UK everybody the world is like the UK, but they're not so when you go into the US market You really need to understand that.

• So it's really before you venture into those areas, you need to understand the target audience, the growth, the size, and just doing your homework on those sorts of things before you set up a business in different areas.

If you have any questions in general you can reach our office at:

VastSolutionsGroup.com

Phone: 415-854-6512

Email: [email protected]

Monday-Thursday 8:00 AM – 5:00 PM (Pacific)

Thank you for listening!

Real estate guru Cherif Medawar discusses the benefits of investing in real estate and explains how individuals can set up their own real estate funds. He emphasizes the importance of productive assets that generate income and provide leverage with banks. He shares his extensive experience in the market, including owning historic properties in Old San Juan and luxury homes in San Francisco. He also highlights the value of giving back and teaching others, offering free live events and training to help aspiring investors.

Cherif explains the process of setting up a real estate fund, including the five P's: people, projects, positioning, performance, and profit. He provides a turnkey solution for individuals to customize their own funds and attract investors. The funds can be used to finance various types of real estate projects and assets, offering a fixed return to investors and the potential for compounding over time. He also discusses the advantages of his fund structure, including no fees and the ability to refinance assets instead of selling them.

In this conversation, Cherif Medawar discusses the benefits of real estate investing and how to set up a successful real estate fund. He explains the process of finding single tenant buildings and attracting national tenants to increase property value. He also shares insights on reducing taxes and asset protection through equity stripping and setting up a Wyoming LLC. He emphasizes the importance of staying proactive and promoting new programs during challenging times.

Takeaways

• Investing in real estate provides the opportunity for income generation, leverage with banks, and protection against inflation.

• Setting up a real estate fund allows individuals to attract investors and finance various types of real estate projects and assets.

• Cherif Medawar emphasizes the importance of giving back and teaching others, offering free live events and training to help aspiring investors.

• The process of setting up a real estate fund involves considering the five P's: people, projects, positioning, performance, and profit.

• Medawar's turnkey solution provides a customized fund structure with no fees and the ability to refinance assets instead of selling them. Real estate investing can be lucrative and provide long-term cash flow and asset growth.

• Setting up a real estate fund allows investors to pool their resources and take advantage of larger investment opportunities.

• Finding single tenant buildings and attracting national tenants can significantly increase property value.

Reducing taxes can be achieved by routing income through structures in U.S. territories like Puerto Rico.

• Asset protection can be achieved through equity stripping and setting up a Wyoming LLC.

• During challenging times, it is important to stay proactive and promote new programs to stay ahead of the competition.

Sound Bites

• I believe unless you have productive assets, meaning assets that produce income, you really will not be able to retire.

• With real estate, you can have the leverage with the banks. You can have an asset that over time will beat inflation and then keep bringing you income.

• I try to give people what I hoped and was wishing somebody would give me when I was starting. So I structured when I started making a lot of money in real estate, I realized I should help others. I should teach.That's the way to give back.

• You cannot make it so enticing and over promise and then under deliver because the investors are going to be very upset.

• They get the cash flow, they get the upside.

• You just went into a property that was vacant. Put the national tenant, it jumped in value.

If you have any questions in general you can reach our office at:

VastSolutionsGroup.com

Phone: 415-854-6512

Email: [email protected]

Monday-Thursday 8:00 AM – 5:00 PM (Pacific)

Thank you for listening!

Kenner discusses the top five resources for small business owners in terms of business automation and AI. He highlights the benefits of using AI-powered systems like Cassidy.ai, Bardeen.ai, X, Blue Prism, and UiPath.

Kenner emphasizes the importance of business automation for small business owners and how it can improve efficiency, lower costs, and provide better customer service. He also mentions the role of AI in tax liability mitigation. Overall, the conversation focuses on the potential of AI and automation to help small businesses succeed.

Takeaways

• Business automation and AI can greatly benefit small business owners by improving efficiency and lowering costs.

• AI-powered systems like Cassidy.ai, Bardeen.ai, X, Blue Prism, and UiPath offer various automation solutions for different business needs.

• Automation can help with tasks such as answering client questions, social media posting, customer service, and enterprise-level queries.

• Using AI and automation can potentially expand a business's reach and offer products or services to a wider audience.

• AI can also be utilized for tax liability mitigation, providing a more thorough analysis and potential cost savings.

Sound Bites

• What are the five best resources for a small business owner as far as business automation and AI?

• Business automation, which there's going to be a theme here. Well, Cassidy .ai.

• Bardeen .ai. It's only like 10 bucks a month. Basically, you can automate almost every business system you have in one smart way is Bardeen .ai.

If you have any questions in general you can reach our office at:

VastSolutionsGroup.com

Phone: 415-854-6512

Email: [email protected]

Monday-Thursday 8:00 AM – 5:00 PM (Pacific)

Thank you for listening!

Angela Duncan, also known as Miss Finance, discusses tax liens and their potential for high returns. She explains that tax liens are created when people don't pay their property taxes, and investors can buy these liens at auction. If the property owner doesn't pay the taxes, the investor may end up owning the property.

Angela emphasizes the importance of doing thorough research and due diligence before investing in tax liens. She also mentions the potential tax advantages of investing in tax liens through qualified plans like Roth IRAs. Angela offers coaching and education on tax lien investing through her website, morewithangela.com.

Takeaways

• Tax liens are created when property owners don't pay their taxes, and investors can buy these liens at auction.

• Investors may end up owning the property if the owner doesn't pay the taxes.

• Thorough research and due diligence are essential before investing in tax liens.

• Investing in tax liens through qualified plans like Roth IRAs can offer potential tax advantages.

• Angela Duncan offers coaching and education on tax lien investing through her website, morewithangela.com.

Sound Bites

• Let's talk about tax liens. Let's give the basics of tax liens.

• You could get a huge rate of return.

• Tax liens make a lot of sense.

If you have any questions in general you can reach our office at:

VastSolutionsGroup.com

Phone: 415-854-6512

Email: [email protected]

Monday-Thursday 8:00 AM – 5:00 PM (Pacific)

Thank you for listening!

Dean Rogers is a real estate coach who provides hands-on guidance and support to investors. He emphasizes the importance of hard work and putting in the effort to succeed in real estate. Dean takes a different approach than most coaches by personally working with his students and providing ongoing support. He focuses on single-family homes and specializes in wholesaling, flipping, and buying rentals.

Dean's coaching program includes training, contracts, processes, and marketing strategies. He believes that implementation and accountability are key to achieving success in real estate.

Takeaways

• Hard work and effort are necessary for success in real estate.

• Dean Rogers provides hands-on guidance and support to his students.

• He focuses on single-family homes and specializes in wholesaling, flipping, and buying rentals.

• Dean's coaching program includes training, contracts, processes, and marketing strategies.

• Implementation and accountability are key to achieving success in real estate.

Sound Bites

• What's one thing a real estate investor who wants to take it to the next level should be thinking about?

• What's an engagement look like? What's it like to be a student?

• Is foreclosure your niche? What's the perfect world for you in real estate investing?

If you have any questions in general you can reach our office at:

VastSolutionsGroup.com

Phone: 415-854-6512

Email: [email protected]

Monday-Thursday 8:00 AM – 5:00 PM (Pacific)

Thank you for listening!

Brad Holcman, a media expert with 20 years of experience in the television industry, shares his journey from working in the corporate world to becoming an entrepreneur. He emphasizes the importance of connecting with your audience through storytelling and creating content that resonates with them. Brad also discusses how he can help entrepreneurs and solopreneurs by leveraging his expertise in television and content creation. He offers insights on how to develop a successful television show and how to use content to attract customers.

Additionally, Brad talks about his interest in real estate investing and how he plans to combine his passion for real estate with his media skills. In this conversation, He shares insights on how solopreneurs, specifically real estate agents, can leverage social media and content marketing to differentiate themselves and attract clients. He emphasizes the importance of being clear and concise with your message, identifying what makes you distinct and different from others in your industry. Brad also discusses the role of likability and building relationships in generating referrals. He highlights the value of creating content that resonates with your target audience and constantly analyzing what works and what doesn't. Brad offers his expertise as an architect of the plan, connecting clients with the right executors to bring their vision to life.

Takeaways

• Connecting with your audience through storytelling is crucial in any industry

• Creating content that resonates with your target audience is key to success

• Developing a successful television show requires understanding your audience and testing your content

• Mentorship and investing in yourself and others can lead to personal and professional growth

• Combining different passions and skills can open up new opportunities. Be clear and concise with your message to differentiate yourself from others in your industry.

• Build relationships and be likable to generate referrals.

• Identify your target audience and create content that resonates with them.

• Constantly analyze what works and what doesn't in your marketing efforts.

• Collaborate with experts in content creation and execution to bring your vision to life.

Sound Bites

• How can we create a story that really connects with your audience?

• How can I use those skills and basically for anybody out there, how to use content and story to really bring your audience in

• You've got to be specific. What I need to be is the right show for the right person that I'm aiming for

• Brad needs abs

• I am different because I know every house in this neighborhood

• The more likable you are, the more somebody is going to refer that person

If you have any questions in general you can reach our office at:

VastSolutionsGroup.com

Phone: 415-854-6512

Email: [email protected]

Monday-Thursday 8:00 AM – 5:00 PM (Pacific)

Thank you for listening!

Kirsten Graham, a business coach and video marketing expert, joins Kenner to discuss the power of video marketing and podcasting. Kirsten shares her background in real estate and how she transitioned into business coaching and video marketing. They discuss the challenges business owners face with video marketing and how virtual assistants can help. Kirsten also provides insights on being a guest on podcasts and strategies for leveraging podcast audiences. They touch on the importance of email marketing and repurposing podcast content.

The conversation concludes with tips on starting a podcast and the tools that can add value to podcasters. In this conversation, Kirsten Graham and Kenner discuss the benefits of outsourcing and using virtual assistants for podcasting and other business tasks. They emphasize the importance of starting imperfectly and practicing, as well as the value of video and audio editing. They also discuss the concept of unique ability and the power of delegating tasks to focus on what you're great at. Kirsten shares case studies of clients who have turned their businesses around with the help of virtual assistants. They also touch on the importance of work-life balance and the impact of social connections on happiness.

They discuss the ethical considerations of hiring virtual assistants overseas and the benefits of providing jobs in other countries. Kirsten highlights the need for support in business and the role of virtual assistants in providing that support. They also touch on the tax deductions available for podcasting and coaching services. The conversation ends with a discussion of how to get in touch with Kirsten and the promise of future conversations.

Takeaways

• Video marketing is a powerful tool for connecting with audiences and building trust.

• Virtual assistants can help business owners with video editing, audio editing, and other tasks related to video marketing.

• Being a guest on podcasts is a great way to connect with new audiences and build relationships with hosts.

• Email marketing is an effective way to nurture and engage with your audience.

• Repurposing podcast content can extend its reach and provide value to different platforms.

• Starting a podcast doesn't have to be expensive or complicated; focus on the path of least resistance and start where you are.

• Consistency and providing value are key to building a successful podcast and monetizing it.

• Tools like Riverside and Zoom can be used for podcast recording, but it's important to choose what works best for you and your guests. Start imperfectly and practice, don't wait for perfection

• Video and audio editing can enhance the quality of your content

• Delegate tasks that are not your unique ability to virtual assistants

• Virtual assistants can help improve productivity and increase revenue

• Work-life balance and social connections contribute to happiness

• Outsourcing overseas can provide jobs and support local economies

• Virtual assistant fees and coaching services may be tax deductible

Sound Bites

• I'm not bossy. My sister-in-law says I just have better ideas.

• They were so familiar with me and my dog and the team. You know, I'm racing around my head thinking, how do they know me? Like, where did I meet them?

• So many people love watching videos, but there's so few videos out there.

• You have to practice at some point, but there's also a lot of magic in video editing and audio editing.

• You can lean into the person who is producing the video or the podcast for you.

• If you're not making the money you wanna make in your business, then it is not worth your time. Hire someone to have them do it for you.

If you have any questions in general you can reach our office at:

VastSolutionsGroup.com

Phone: 415-854-6512

Email: [email protected]

Monday-Thursday 8:00 AM – 5:00 PM (Pacific)

Thank you for listening!