15 Years of Insanely Helpful Business Advice in 30 Minutes – How to Start Your First Business [Video]

How to start a business from nothing step by step masterclass

0:00 Intro
0:54 Skip the into click here
0:56 PART 1 – How to start a business – BEFORE you start
0:57 Don’t get stuck here
1:45 You will fail
3:09 Do these two things first
3:30 CAT
3:45 FREE vs Charging your worth
5:38 How to start and register your business
6:15 Decide between these business types
6:42 What is a sole proprietorship
7:57 What is an LLC
8:49 Ask your self these 3 questions to decide LLC or Sole Proprietor
9:57 Tax savings with an LLC?
12:01 How to form an LLC
12:39 How to register with your city/county
13:04 How to start as a sole proprietor
13:58 Get this tax ID number for your business – EIN
14:20 Opening business bank accounts
15:18 Plan business insurance
16:08 Personal privacy and your home address
17:31 Plan business operation logistics
18:35 PART 2 – Getting Business
18:36 DO THIS for happy customers
19:45 Determine this + make it clear
20:55 Repeated exposure
21:17 Why you shouldn’t market to everyone
21:43 MAKE yourself the expert
22:33 Charging
23:13 LOW prices does not equal more sales
23:30 Calculate this first
24:05 Crushing your competition with THIS
24:30 PART 3 – Managing business income and taxes
25:20 Managing business income
25:37 How much to save for business taxes
26:21 Sales tax
26:48 Unsecured property tax
27:00 High Yield savings
27:58 Filing self employed income taxes
28:12 Part 4 – growing
28:15 Don’t do it all
29:21 Outsourcing, contractors, employees
31:19 STOP trading time for money

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DISCLAIMER:
Ginny Silver and Retrospect Images, LLC provides content to Youtube for entertainment purposes only. It is the responsibility of the viewer to verify all information as information may be inaccurate or outdated. Ginny Silver is not a CPA, attorney, insurance agent, lender, EDD or other government employee, or financial advisor and content in these videos shall not be construed as legal, financial, tax, government, or other advice. You are urged to contact a certified professional to help your individual needs.