Discover the thrill of a nine-month global adventure filled with 55 Airbnbs and 17 flights, alongside some amusing mishaps like $1,400 in speeding tickets! Experience family bonding through exhilarating moments in New Zealand and Australia, and dive into cultural richness in Europe. From skiing in Zermatt to savoring Italian delights, Justin and Tara share transformative lessons on letting go of material possessions for unforgettable memories. Journey through unexpected joys and personal growth while embracing the beauty of diverse cultures!

Are you the typical business owner who dreads doing taxes when it comes to your business? Then this episode is for you. Host Erik Fisher interviews Jeff Trapp, founder of Tax Planning Pros, about ways to maximize your tax write-offs, how to maintain good records to ensure you avoid IRS scrutiny, and what to do if you are audited. We'll also discuss investing, how to prep your taxes if you're selling your business and we'll also clue you in on one of the biggest tax deductions most people are NOT taking now.   So let's dive into the things you can be doing TODAY to create your booming financial future tomorrow!   What we discuss with Jeff: + Why Proactive Tax Planning Matters + Key Differences Between Tax Preparation and Tax Planning + Common Mistakes Business Owners Make with Taxes + Getting Started with Proper Documentation + Understanding Business Entities: LLCs, S Corps, and C Corps + Leveraging Real Estate for Tax Benefits + Introduction to Cost Segregation and Depreciation + Investment Strategies for Tax Savings + Preparing for a Business Sale and Tax Implications + Hiring Family Members and Home Office Deductions + Managing Taxes Across Multiple States + Staying Informed on Tax Law Changes   Thank you Jeff! Big thank you to Jeff for sponsoring today's episode! For more insights and resources from Jeff, check out the Jeff Trapp Podcast on Apple, Spotify, and other major podcast platforms. Get a free tax playbook at mytaxplaybook.com and learn more about Tax Planning Pros at thetaxplanningpros.com.   If you enjoyed this episode, let us know by clicking on any of the links below to send a quick shout-out: Instagram, Twitter, Facebook, Youtube, TikTok and LinkedIn. We'd love to hear from you!   Want 300+ ideas for your business, check out our FREE Business Training where we include all of these!   And if you want us to answer your business questions on an upcoming episode, drop us a line at support@millioinaireuniversity.com.   To get exclusive offers mentioned in this episode and to support the show, visit millionaireuniversity.com/sponsors.

Mike Hoffman, founder of mrpassive.com, transitioned from sports science and real estate to vending machines, now managing 25 units for impressive profits. He discusses why vending beats traditional investments, sharing tips on securing prime locations and minimizing startup costs. The podcast highlights the strategic advantages of technology in the industry, the potential for quick cash flow, and the importance of professional persistence. Listeners can learn about hiring strategies, managing inventory, and the evolving landscape of vending.

One of the reasons people get hung up on starting a business is that they think they need to have this big, crazy, original idea. That's just not the case. There are a million ways to make a million dollars. All you need is one simple idea and you're probably much closer than you think. In this episode, Justin and Tara cover the six different ways to come up with YOUR big idea.   (Original Air Date - 2/17/23) What we discuss with Justin and Tara: + Welcome to Millionaire University + The Big Idea: Financial Independence and Abundance + Six Different Ways to Come Up with Your Big Idea + Go with Your Gut: Implementing Your Idea + The Importance of Product Research + The Reality of Starting a Business + Figuring Out Your Product Quickly + Committing to Your Business Idea + The Danger of Being Fickle + The Importance of Taking Action Quickly + The Difference Between Squirrel Moments and Intelligent Pivots + The Power of Picking a Skill or Topic + The Potential of Improving Existing Tools or Services + The Value of Asking Others About Their Businesses + The Power of Google for Business Ideas + Conclusion: Committing to Your Big Idea   Resources from this Episode: To get more help on coming up with your business idea, check out this blog post: Coming Up With Your Business Idea   Want 300+ ideas for your business, check out our FREE Business Training where we include all of these!   If you enjoyed this episode, let us know by clicking on any of the links below to send a quick shout-out: Instagram, Twitter, Facebook, Youtube, TikTok and LinkedIn. We'd love to hear from you!   And if you want us to answer your business questions on an upcoming episode, drop us a line at support@millioinaireuniversity.com.   To get exclusive offers mentioned in this episode and to support the show, visit millionaireuniversity.com/sponsors.

The Only 3 Things Every Business Needs with Justin and Tara Williams (Replay) Starting a business isn't easy, but it's not that hard either.  One of the reasons some business owners struggle is that they get easily distracted with things that have little to no impact on their business. In this episode, we discuss the only 3 things that really matter in your business. This will be critical to understand as you grow your business.    (Original Air Date - 2/16/23) What we discuss with Justin and Tara: + Introduction to the Millionaire University Podcast + The Importance of Focus in Business + The Three Essential Elements of Every Successful Business + The Role of Distractions in Business + The First Essential Element: A Product or Service + The Second Essential Element: Selling the Product or Service + The Importance of Embracing Sales + The Third Essential Element: Delivering on the Promise + The Role of Systems in Business + The Game of Business + The Importance of Taking Steps into the Darkness + Summary and Next Steps   Resources from this Episode: Knowing what NOT to do in your business is sometimes just as important as knowing what to do. Check out this article, to learn more about The Only 3 Things Every Business Needs   Sign up for our FREE Business Course - over 300+ new business ideas, also includes the 7 Phases of a business, so you know where you are now and where you need to go next. You'll also get 7 of the most popular marketing strategies and 31 stay-on-track hacks that successful millionaires follow to grow and automate their businesses. Go to https://www.millionaireuniversity.com/training.   To get exclusive offers mentioned in this episode and to support the show, visit millionaireuniversity.com/sponsors.

Menekse Stewart, a digital marketing and online business veteran, shares her expertise on AI's transformative power in content creation and marketing. She emphasizes the urgency of adapting to AI and its role in enhancing authenticity and creativity in business strategies. The conversation dives into practical applications for streamlining processes and optimizing customer engagement. Stewart also explores AI's ability to predict customer behavior and the importance of marrying technology with human insight for future success.

Ashton Rodenhiser, owner of Minds Eye Creative, is a pioneer in sketchnoting and live illustration. She shares her journey from a creative childhood to establishing a successful business, discussing the transformative power of visual communication. Ashton reveals the challenges of adapting to a digital world during COVID-19 and the importance of finding one's pricing confidence. She emphasizes the value of mentorship, navigating industry pressures, and the potential of sketchnoting in enhancing understanding across various fields, all while adapting a lean startup approach.

How to Scale Your Business by Leveraging the Global Talent Pool with Mike O'Connor In this episode of the Millionaire University podcast, host Brien Gearin talks with Mike O'Connor, founder and CEO of Nexus Point. Mike shares his journey from a traditional corporate path to becoming an entrepreneur, emphasizing the pivotal role that international assistant talent played in scaling his businesses. The discussion covers the benefits of hiring international talent as a strategy for entrepreneurs and business owners to become more profitable, buy back time, and effectively scale operations by leveraging the global talent pool. Mike provides insights into his approach for using virtual assistants and specialized global talent, addressing the cultural fit, communication methods, and practical steps for successfully integrating international workers into businesses. He also highlights common pitfalls to avoid and offers advice on maintaining a focus on quality rather than merely reducing costs. The podcast serves as a guide for business owners considering or currently utilizing international talent to enhance their business operations.   What we talked about with Mike: + Unlocking Business Growth with International Talent + The Power of Global Talent in Business Scaling + Navigating the World of Virtual Assistance + Maximizing the Potential of Your Global Team + Common Pitfalls and How to Avoid Them + Expanding Your Team: The Strategy for Success + When to Consider Outsourcing for Your Business + The Power of Scaling Your Business with Virtual Assistance + The Strategic Advantage of Early Hiring + Career Growth and Leadership Opportunities for Virtual Assistants + Onboarding and Training: Setting Up for Success + Creating and Utilizing SOPs for Business Efficiency + Feedback and Communication in a Global Team + Leveraging Technology for Effective Team Collaboration   Resources from this Episode: To learn more about Nexus Point, click here.   Thank you, Mike! We'd like to thank Mike for sponsoring today's episode! To check out their amazing services, go here.   Sign up for our FREE Business Course - Understand the 7 Phases of A business, so you know where you are now and where you need to go next! Go to https://www.millionaireuniversity.com/training.   If you enjoyed this episode with Mike, let us know by clicking on any of the links below to send him a quick shout-out: Instagram, Twitter, Facebook, Youtube, TikTok and LinkedIn. We'd love to hear from you!   And if you want us to answer your business questions on an upcoming episode, drop us a line at support@millioinaireuniversity.com.     To get exclusive offers mentioned in this episode and to support the show, visit millionaireuniversity.com/sponsors.

Shifting Mindsets: Winning Life’s Battles through Positivity with Mike Oster In this episode of the Millionaire University Podcast, host Brien Gearin engages with Mike Oster, a Brigadier General, business owner, and author, to discuss the profound impact of maintaining a positive attitude, especially in relation to business building and personal growth. Oster shares his extensive military background, emphasizing lessons learned from leadership and the importance of a positive mindset. He unveils his journey from joining the National Guard to becoming a full-time military officer and later transitioning into entrepreneurship with ventures like Massage Envy franchises and real estate investments. Oster highlights the significance of reconditioning negative self-talk, setting action-oriented goals, and the necessity of preparation and adaptability in both military and entrepreneurial endeavors.   What we talked about with Mike: + Unlocking the Power of Positive Self-Talk + Mike Oster's Journey: From Military Service to Entrepreneurship + The Essence of Positive Attitude in Business and Life + Strategies for Overcoming Challenges and Embracing Excellence + Reconditioning Your Mind for Success + The Military Mindset: Preparing for Business Battles + Building a Support System for Entrepreneurial Success + Taking the Leap into Entrepreneurship: Mindset and Preparation + Gratitude and Appreciation: Foundations of a Positive Life + Prioritizing Your Time and Goals for Entrepreneurial Success   Resources from this Episode: Learn more about Mike at Mikeoster.com Check out Mike's book - It Starts With Attitude To listen to this book on Audible for FREE, click here.   Thank you, Mike! Big shout out to Mike for sponsoring today's show! To learn more about Mike, go to Mikeoster.com.   To get exclusive offers mentioned in this episode and to support the show, visit millionaireuniversity.com/sponsors.   Sign up for our FREE Business Course - Understand the 7 Phases of A business, so you know where you are now and where you need to go next! Go to https://www.millionaireuniversity.com/training.   If you enjoyed this episode with Mike, let us know by clicking on any of the links below to send him a quick shout-out: Instagram, Twitter, Facebook, Youtube, TikTok and LinkedIn. We'd love to hear from you!   And if you want us to answer your business questions on an upcoming episode, drop us a line at support@millioinaireuniversity.com.

Discover the journey from zero to $100,000 a month in podcast sponsorships. Hear about the initial struggles and emotional rollercoaster of entrepreneurship. Learn the importance of resilience and setting audacious goals. Dive into strategies for growth, including break-even funnels and self-liquidation offers. Explore the challenges of securing sponsorships and adapting monetization strategies. Additionally, get insights from a transformative experience overseas, showcasing the evolution of podcast growth tactics.