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Hi, I’m Rich!

Talking about money can be uncomfortable, but it doesn’t have to be. I’m a teacher and self-employed entrepreneur who’s passionate about helping you understand how money works.

If you’re looking for an honest, personable teacher and money mentor then you’re in the right place.

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(ad) 👉 Learn more about LLC Setup: https://teachingmillionaires.com/recommends/incfile 

🔥 Setting up an LLC can feel overwhelming—especially when you’re staring at a $750 decision that could change everything. In this video, I’ll share the secrets I learned the hard way, including how to avoid costly mistakes and maximize your tax savings. From choosing the right tax structure to the one switch that saved me thousands, this step-by-step guide is designed to make your LLC setup smooth and stress-free.

📖 Chapters
00:00 The Night Everything Changed
00:31 Hovering Over the Submit Button
00:58 Flashback: Financial Struggles Two Years Earlier
01:56 The Decision That Started It All
02:52 Seeking Advice from a Friend
03:48 What's Stopping You from Starting?
04:47 "What If It Works?" The Turning Point
05:40 Life as a Business Owner: Lessons Learned
06:14 The Tax Game-Changer: Switching to an S-Corp
07:11 Learning Through Mistakes and Growth
07:38 From Teacher to Business Owner: Life Transformation
08:30 Finding Balance and Being Present
09:24 Inspiring the Next Generation of Entrepreneurs
10:18 LLC Startup Checklist: Steps to Get Started
10:45 Success Beyond the Bank Account: A New Family Legacy

#LLCSetup #TaxSavingsTips #BusinessOwnerAdvice

⚡️ Connect with Rich:
▶️ Subscribe for weekly financial insights: https://teachingmillionaires.com/youtube-subscribe 
📱 Follow on Instagram: https://teachingmillionaires.com/instagram 
✖️ X: https://teachingmillionaires.com/twitter
📘 Facebook: https://teachingmillionaires.com/fbgroup
🌐 Website: https://teachingmillionaires.com
🎧 Apple Podcasts - https://teachingmillionaires.com/apple-podcast 
🎧 Spotify - https://teachingmillionaires.com/spotify-podcast 

👥 About Rich Smith:
Rich Smith helps individuals and business owners optimize their wealth through smart financial strategies. With expertise in tax incentives and wealth preservation, Rich breaks down complex financial concepts into actionable steps.

📌 This video may contain links through which we are compensated when you click on or are approved for offers. The information in this video was not provided by any of the companies mentioned, and has not been reviewed, approved, or otherwise endorsed by any of these entities. I am not a financial advisor. The information I share is for educational purposes only and shouldn't be considered as certified financial or legal advice. It is imperative you conduct your own research. I am sharing my opinion only.

(ad) 👉 Learn more about LLC Setup: https://teachingmillionaires.com/recommends/incfile

🔥 Setting up an LLC can feel overwhelming—especially when you’re staring at a $750 decision that could change everything. In this video, I’ll share the secrets I learned the hard way, including how to avoid costly mistakes and maximize your tax savings. From choosing the right tax structure to the one switch that saved me thousands, this step-by-step guide is designed to make your LLC setup smooth and stress-free.

📖 Chapters
00:00 The Night Everything Changed
00:31 Hovering Over the Submit Button
00:58 Flashback: Financial Struggles Two Years Earlier
01:56 The Decision That Started It All
02:52 Seeking Advice from a Friend
03:48 What's Stopping You from Starting?
04:47 "What If It Works?" The Turning Point
05:40 Life as a Business Owner: Lessons Learned
06:14 The Tax Game-Changer: Switching to an S-Corp
07:11 Learning Through Mistakes and Growth
07:38 From Teacher to Business Owner: Life Transformation
08:30 Finding Balance and Being Present
09:24 Inspiring the Next Generation of Entrepreneurs
10:18 LLC Startup Checklist: Steps to Get Started
10:45 Success Beyond the Bank Account: A New Family Legacy

#LLCSetup #TaxSavingsTips #BusinessOwnerAdvice

⚡️ Connect with Rich:
▶️ Subscribe for weekly financial insights: https://teachingmillionaires.com/youtube-subscribe
📱 Follow on Instagram: https://teachingmillionaires.com/instagram
✖️ X: https://teachingmillionaires.com/twitter
📘 Facebook: https://teachingmillionaires.com/fbgroup
🌐 Website: https://teachingmillionaires.com
🎧 Apple Podcasts – https://teachingmillionaires.com/apple-podcast
🎧 Spotify – https://teachingmillionaires.com/spotify-podcast

👥 About Rich Smith:
Rich Smith helps individuals and business owners optimize their wealth through smart financial strategies. With expertise in tax incentives and wealth preservation, Rich breaks down complex financial concepts into actionable steps.

📌 This video may contain links through which we are compensated when you click on or are approved for offers. The information in this video was not provided by any of the companies mentioned, and has not been reviewed, approved, or otherwise endorsed by any of these entities. I am not a financial advisor. The information I share is for educational purposes only and shouldn't be considered as certified financial or legal advice. It is imperative you conduct your own research. I am sharing my opinion only.

YouTube Video VVVMUWhHMFU3a2ZIUFBDNEpNZUVUTGlnLkFMcTVPVzRqMjJB

The Costly Mistakes I Made Setting Up My LLC (So You Don’t Have To)

👉 Learn more about Payroll for S-Corp: https://teachingmillionaires.com/payroll

🔥 Discover how 75% of business owners are missing out on $10,000+ in tax savings with this S Corporation strategy. I'll show you exactly how I saved thousands in taxes and how you can too. Perfect for entrepreneurs, content creators, and small business owners making $50K+ per year.

📖 Chapters
00:00 My $10K Tax Surprise
00:30 My First Year YouTube Earnings
01:03 Understanding Self-Employment Tax
01:35 The S Corp Solution
02:09 How My Business Changed
02:34 Setting Up Your Business Structure
03:00 The Two-Bucket Strategy
03:32 Payroll Explained
04:01 Is This Really Legal?
04:37 Real Numbers Breakdown
05:21 Retirement Benefits
05:50 Solo 401K Options
06:23 Who Should Consider an S Corp
06:58 Three Steps to Get Started
07:30 Final Thoughts & Resources

#businesstax #scorp #taxstrategy #entrepreneurship #smallbusiness #taxsavings #businesstips #youtubemoney #contentcreator #llc #taxseason #businessowner #moneytips #taxreduction #selfemployed #fypage #fyp #fypviral 

⚡️ Connect with Rich:
▶️ Subscribe for weekly financial insights: https://teachingmillionaires.com/youtube-subscribe 
📱 Follow on Instagram: https://teachingmillionaires.com/instagram 
✖️ X: https://teachingmillionaires.com/twitter
📘 Facebook: https://teachingmillionaires.com/fbgroup
🌐 Website: https://teachingmillionaires.com
🎧 Apple Podcasts - https://teachingmillionaires.com/apple-podcast 
🎧 Spotify - https://teachingmillionaires.com/spotify-podcast 

👥 About Rich Smith:
Rich Smith helps individuals and business owners optimize their wealth through smart financial strategies. With expertise in tax incentives and wealth preservation, Rich breaks down complex financial concepts into actionable steps.

📌 This video may contain links through which we are compensated when you click on or are approved for offers. The information in this video was not provided by any of the companies mentioned, and has not been reviewed, approved, or otherwise endorsed by any of these entities. I am not a financial advisor. The information I share is for educational purposes only and shouldn't be considered as certified financial or legal advice. It is imperative you conduct your own research. I am sharing my opinion only.

👉 Learn more about Payroll for S-Corp: https://teachingmillionaires.com/payroll

🔥 Discover how 75% of business owners are missing out on $10,000+ in tax savings with this S Corporation strategy. I'll show you exactly how I saved thousands in taxes and how you can too. Perfect for entrepreneurs, content creators, and small business owners making $50K+ per year.

📖 Chapters
00:00 My $10K Tax Surprise
00:30 My First Year YouTube Earnings
01:03 Understanding Self-Employment Tax
01:35 The S Corp Solution
02:09 How My Business Changed
02:34 Setting Up Your Business Structure
03:00 The Two-Bucket Strategy
03:32 Payroll Explained
04:01 Is This Really Legal?
04:37 Real Numbers Breakdown
05:21 Retirement Benefits
05:50 Solo 401K Options
06:23 Who Should Consider an S Corp
06:58 Three Steps to Get Started
07:30 Final Thoughts & Resources

#businesstax #scorp #taxstrategy #entrepreneurship #smallbusiness #taxsavings #businesstips #youtubemoney #contentcreator #llc #taxseason #businessowner #moneytips #taxreduction #selfemployed #fypage #fyp #fypviral

⚡️ Connect with Rich:
▶️ Subscribe for weekly financial insights: https://teachingmillionaires.com/youtube-subscribe
📱 Follow on Instagram: https://teachingmillionaires.com/instagram
✖️ X: https://teachingmillionaires.com/twitter
📘 Facebook: https://teachingmillionaires.com/fbgroup
🌐 Website: https://teachingmillionaires.com
🎧 Apple Podcasts – https://teachingmillionaires.com/apple-podcast
🎧 Spotify – https://teachingmillionaires.com/spotify-podcast

👥 About Rich Smith:
Rich Smith helps individuals and business owners optimize their wealth through smart financial strategies. With expertise in tax incentives and wealth preservation, Rich breaks down complex financial concepts into actionable steps.

📌 This video may contain links through which we are compensated when you click on or are approved for offers. The information in this video was not provided by any of the companies mentioned, and has not been reviewed, approved, or otherwise endorsed by any of these entities. I am not a financial advisor. The information I share is for educational purposes only and shouldn't be considered as certified financial or legal advice. It is imperative you conduct your own research. I am sharing my opinion only.

YouTube Video VVVMUWhHMFU3a2ZIUFBDNEpNZUVUTGlnLkptQXBMVW9HcTVr

75% of Business Owners Miss This $10,000 Tax Secret (S Corp Hack)