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00:00 β Introduction to LLCs
00:18 β Importance of LLCs for Success
01:23 β Understanding the Trifecta
04:14 β Overview of the Five LLCs
05:03 β Setting Up the First LLC
08:35 β Common Mistakes in LLC Formation
10:17 β Starting Your Side Hustle with an LLC
12:14 β Tax Benefits of LLCs
14:56 β Comparing LLC Structures
17:14 β Transitioning to LLC Number Three
20:36 β LLCs for Operational Income
23:06 β Importance of Reasonable Compensation
25:05 β Overview of the Main Street Business Podcast
25:54 β Special Purpose LLCs
29:02 β Self-Directed LLCs Explained
31:20 β Personal Journey and Insights
34:26 β Ongoing LLC Management
35:06 β Summary and Action Steps
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