Home Creators Posts Import Register Favorites Logout
haven't archived this post yet. have a subscription? use the importer!

Content

Just a reminder, rich people think differently about money than everyone else.

I was on a plane today going over numbers, making sure everything is documented and up to date. I use WaveApps, so business accounts are connected and imported automatically. Over the last 12 months for this business specifically, I’m projected to pay taxes on roughly $66,403 in net profits despite running up roughly $2.6 million in income.

The point is, when you get rid of personal debt, then allocate the majority of your income (personal or business) into investing or reinvesting into yourself and businesses, you increase your earning power, assets, net worth, and legally reduce the amount you’re giving away in taxes.

Stay motivated Bag Chasers and let’s run the numbers up. More great content on the way ❤️

Files

Previews only

Comments

Laith

Great point I’m going to be using WaveApps

Lester Phillip

Love to see it, thank you for the insight 👏🏾💪🏾

EJ

For the first time in 8 years I'm not doing taxes, I was medically retired from service so all my income is tax free (disability+GI Bill) until I graduate and start working again. It's bitter sweet though since I was used to a 5 figure tax return each year, however it's also nice collecting every cent on every dollar each month. Once I start my own accounting firm, I'll definitely be keen on reinvesting, expanding, and paying less in taxes.

B2C Advisors

Can you give us a video on this?

Forex Man

Run the numbers up… latching on to this idea for this week

Argustic Dunbar

Love this! Thank you for setting an example of success! I can’t wait to make MILLIONS and pay taxes on tens of thousands lol

L C

A word and a bar. Do you also use food smjku non profits as another vehicle? I give my son a scholarship for his school tuition every year that I can write off 100%

Mumia Obsidian Ali

Excellent presentation, Anton! Hey brother, if you ever offered an actual, dedicated course on how to run a business and be successful at it based on your years of real world, boots on the ground experience, I would buy it in a heartbeat! Much appreciated and keep up the great work! MOA

Big Suggs

Word, great lesson. This is the real deal!!!

Jay Israel

What’s your favourite business that you run Anton?

Natasha Vincent

The real flex is the $0 in COGs lol That would be a great video considering you do more than YouTube.

Rio

Get rid of the money!!

Rafael Alba

Thanks for sharing Coach! The Girlfriend and I will be Debt free soon!

dyrell Brown

Real talk I’m working on getting rid of 50 k in student loans at 30 . My only debt issue 💆🏾‍♂️

Damon Smith III

I’m about to get the waves app today! Can you begin writing expenses in the middle of the year or wait until the next Tax season and start new?

Jonathan Nixon

Would love a full video dedicated to only this.

Andre Buck

Alright man just joined. I’m about to dig in see what I can learn from ya.

Rio

I’m currently using quickbooks for my commercial cleaning company. Lot of fees with quickbooks. Any bag chasers made the transition from quickbooks to waves? Appreciate any feedback.

Kristopher thomas

I have been using QuickBooks as well. Can Wave app process payroll as well, or is it strictly scrapping all the accounts?

chardinHOPE

I can’t wait to finish getting rid of my debt!

brian

My new hero!

jamie h

I showed a profit one year with my business and was so happy. Then Uncle Sam came. I made sure after that year not to show a profit again

See.It.Thru_Magic

Needed to see this bruv, I’m grateful 🙏🏾

George Stlouis

Very grateful! Thank you for your teachings and insights! BLESSED!!

Chicken Livers

I just joined the BC team. I'm a newbie to all these concepts. Will be scheduling a coaching call soon BIG Dog. And grab a bag of Better Maid chips. They don't know about the D style snacks

William P

You have been and will continue to be a true Blessing. Thank you brother.

Caleb Martin

Love to get a session with you. Long term student of the game

Scott Free

Is that an Apple app? I don't see it on the Android store.

Dre

Thanks for sharing AD

Vizzy

I agree!

Lester Long

Thanks for your encouragement 🙏