The Sweaty Startup

In this video, Nick Huber and Mitchell Baldridge, CPA, discuss tax efficiency and things you can do to defer and pay less taxes.  From section 179 to QSBS to retirement accounts, they cover the things you MUST KNOW if you run a small business. If you want to learn more about Nick and Mitchell’s tax related companies, check out RE Cost Seg, Tax Credit Hunter and Better Bookkeeping.   Here's the Twitter thread mentioned about QBI optimization: https://twitter.com/baldridgecpa/status/1473299291607289862?s=20   Timestamps: 03:59 - S-Corps 08:59 - QBI optimization 15:35 - Bonus Depreciation 22:06 - Section 179 and car mileage 30:56 - Mega Backdoor ROTH 34:40 - ERC Tax Credit  39:54 - R&D Tax Credit 41:59 - 45L Tax Credits 43:25 - Donor Advised Funds 47:51 - “The Augusta Rule” 49:25 - SALT Cap Workarounds 51:49 - Q&A   Thanks for listening!   Like this episode? I think you’ll love my newsletter. I write a long form essay on how to build wealth and succeed to 250K+ readers each week. Subscribe here: www.nickhuber.com/newsletter   Want to see all of my companies? Click here: www.nickhuber.com/portfolio   Want more of my content?  I’m @SweatyStartup everywhere: Say hello on X: www.x.com/sweatystartup LinkedIn: www.linkedin.com/in/sweatystartup Instagram: www.instagram.com/sweatystartup TikTok: www.tiktok.com/sweatystartup Apple Podcasts: https://podcasts.apple.com/us/podcast/the-nick-huber-show/id1576120606 Spotify: https://open.spotify.com/show/7L5zQxijU81xq4SbVYNs81 Want my team and I to help sell your business? Click here: www.nickhuber.com/sell Want to buy a business that my brokerage represents? Click here: www.nickhuber.com/buy   Are you an accredited investor and interested in learning more about potential deals? Fill out this form: www.nickhuber.com/invest   Want my free PDF on how to analyze a self-storage facility? Click here: https://sweatystartup.ck.page/79046c9b03   Want to hire me as a consultant? Click here: https://sweatystartup.com/storage   Here are the links to my businesses: usiness Brokerage - https://nickhuber.com/ Personal Brand - https://sweatystartup.com/ Self Storage - https://boltstorage.com/ Bold SEO - https://boldseo.com/ Insurance - https://titanrisk.com/ Recruiting - https://recruitjet.com/ Landing Page / Web Development - https://webrun.com/ Overseas Staffing - https://supportshepherd.com/ Debt and Equity - https://bluekeycapital.com/ Tax Credit - https://taxcredithunter.com/ Cost Segregation - https://recostseg.com/ Performance Marketing - https://adrhino.com/ Pest control - https://spidexx.com/   That's all for now.   Thank you again for joining me on my Sweaty Startup journey.   Onward and upward! -Nick  

Learn how to identify high impact work and analyze the value of a self-storage facility using the 80/20 principle. Discover how this principle can be applied to make decisions about where to live and choosing friends. The importance of focusing on high-value tasks in service businesses is stressed, including building processes and sales.

Topics discussed in this podcast include the importance of raising prices and attracting quality customers, the benefits of maintaining high prices in business, and the significance of increasing prices and attracting better customers to grow your business.

Today's episode is a repost of episode 290 which was originally published on June 06, 2022. In this episode, I discuss how my company of 45 employees, located all over the world, is structured. How I sources talent with the help of supportshepherd.com and the strategies I implement to effectively manage the team.   Join us on June 7, 2023, for a deep-dive workshop with Shaan Puri. Whether you're a small business owner, tech entrepreneur, manager, or anyone in between, this event is for you. Discover the power of delegation for leveraging and growing your business. Click here to register 👉 https://lu.ma/lptkaxdu   Thanks for listening!   Like this episode? I think you’ll love my newsletter. I write a long form essay on how to build wealth and succeed to 250K+ readers each week. Subscribe here: www.nickhuber.com/newsletter   Want to see all of my companies? Click here: www.nickhuber.com/portfolio   Want more of my content?  I’m @SweatyStartup everywhere: Say hello on X: www.x.com/sweatystartup LinkedIn: www.linkedin.com/in/sweatystartup Instagram: www.instagram.com/sweatystartup TikTok: www.tiktok.com/sweatystartup Apple Podcasts: https://podcasts.apple.com/us/podcast/the-nick-huber-show/id1576120606 Spotify: https://open.spotify.com/show/7L5zQxijU81xq4SbVYNs81 Want my team and I to help sell your business? Click here: www.nickhuber.com/sell Want to buy a business that my brokerage represents? Click here: www.nickhuber.com/buy   Are you an accredited investor and interested in learning more about potential deals? Fill out this form: www.nickhuber.com/invest   Want my free PDF on how to analyze a self-storage facility? Click here: https://sweatystartup.ck.page/79046c9b03   Want to hire me as a consultant? Click here: https://sweatystartup.com/storage   Here are the links to my businesses: usiness Brokerage - https://nickhuber.com/ Personal Brand - https://sweatystartup.com/ Self Storage - https://boltstorage.com/ Bold SEO - https://boldseo.com/ Insurance - https://titanrisk.com/ Recruiting - https://recruitjet.com/ Landing Page / Web Development - https://webrun.com/ Overseas Staffing - https://supportshepherd.com/ Debt and Equity - https://bluekeycapital.com/ Tax Credit - https://taxcredithunter.com/ Cost Segregation - https://recostseg.com/ Performance Marketing - https://adrhino.com/ Pest control - https://spidexx.com/   That's all for now.   Thank you again for joining me on my Sweaty Startup journey.   Onward and upward! -Nick  

Not everyone is cut out to be a business owner. My fear is that people who start businesses may end up underpaid, overworked, and with a business that lacks value. Many business owners struggle with work-life balance, working long hours and sacrificing personal relationships. Delegation is key to success and happiness, allowing tasks to be assigned to capable individuals. Being an entrepreneur requires making hard decisions and understanding one's strengths and weaknesses, while some may find fulfillment in working for others.   Join us on June 7, 2023, for a deep-dive workshop with Shaan Puri. Whether you're a small business owner, tech entrepreneur, manager, or anyone in between, this event is for you. Discover the power of delegation for leveraging and growing your business. Click here to register 👉 https://lu.ma/lptkaxdu   Thanks for listening!   Like this episode? I think you’ll love my newsletter. I write a long form essay on how to build wealth and succeed to 250K+ readers each week. Subscribe here: www.nickhuber.com/newsletter   Want to see all of my companies? Click here: www.nickhuber.com/portfolio   Want more of my content?  I’m @SweatyStartup everywhere: Say hello on X: www.x.com/sweatystartup LinkedIn: www.linkedin.com/in/sweatystartup Instagram: www.instagram.com/sweatystartup TikTok: www.tiktok.com/sweatystartup Apple Podcasts: https://podcasts.apple.com/us/podcast/the-nick-huber-show/id1576120606 Spotify: https://open.spotify.com/show/7L5zQxijU81xq4SbVYNs81 Want my team and I to help sell your business? Click here: www.nickhuber.com/sell Want to buy a business that my brokerage represents? Click here: www.nickhuber.com/buy   Are you an accredited investor and interested in learning more about potential deals? Fill out this form: www.nickhuber.com/invest   Want my free PDF on how to analyze a self-storage facility? Click here: https://sweatystartup.ck.page/79046c9b03   Want to hire me as a consultant? Click here: https://sweatystartup.com/storage   Here are the links to my businesses: usiness Brokerage - https://nickhuber.com/ Personal Brand - https://sweatystartup.com/ Self Storage - https://boltstorage.com/ Bold SEO - https://boldseo.com/ Insurance - https://titanrisk.com/ Recruiting - https://recruitjet.com/ Landing Page / Web Development - https://webrun.com/ Overseas Staffing - https://supportshepherd.com/ Debt and Equity - https://bluekeycapital.com/ Tax Credit - https://taxcredithunter.com/ Cost Segregation - https://recostseg.com/ Performance Marketing - https://adrhino.com/ Pest control - https://spidexx.com/   That's all for now.   Thank you again for joining me on my Sweaty Startup journey.   Onward and upward! -Nick  

Life is a numbers game. Like in dating, when you're getting into the game, your goal is to see as many people as possible and market yourself to the dating pool. The more dates you have, the more opportunities you'll have to find the one. As you continue dating, what you want in a relationship becomes clearer, and as a result, you start to see and filter out the good and bad dating opportunities that are presented to you, focusing on the quality rather than the quantity. In this episode of Sweaty Startup, I'm going to share the most important rule of real estate and small business to filter the good and the bad so you can focus on quality.   Thanks for listening!   Like this episode? I think you’ll love my newsletter. I write a long form essay on how to build wealth and succeed to 250K+ readers each week. Subscribe here: www.nickhuber.com/newsletter   Want to see all of my companies? Click here: www.nickhuber.com/portfolio   Want more of my content?  I’m @SweatyStartup everywhere: Say hello on X: www.x.com/sweatystartup LinkedIn: www.linkedin.com/in/sweatystartup Instagram: www.instagram.com/sweatystartup TikTok: www.tiktok.com/sweatystartup Apple Podcasts: https://podcasts.apple.com/us/podcast/the-nick-huber-show/id1576120606 Spotify: https://open.spotify.com/show/7L5zQxijU81xq4SbVYNs81 Want my team and I to help sell your business? Click here: www.nickhuber.com/sell Want to buy a business that my brokerage represents? Click here: www.nickhuber.com/buy   Are you an accredited investor and interested in learning more about potential deals? Fill out this form: www.nickhuber.com/invest   Want my free PDF on how to analyze a self-storage facility? Click here: https://sweatystartup.ck.page/79046c9b03   Want to hire me as a consultant? Click here: https://sweatystartup.com/storage   Here are the links to my businesses: usiness Brokerage - https://nickhuber.com/ Personal Brand - https://sweatystartup.com/ Self Storage - https://boltstorage.com/ Bold SEO - https://boldseo.com/ Insurance - https://titanrisk.com/ Recruiting - https://recruitjet.com/ Landing Page / Web Development - https://webrun.com/ Overseas Staffing - https://supportshepherd.com/ Debt and Equity - https://bluekeycapital.com/ Tax Credit - https://taxcredithunter.com/ Cost Segregation - https://recostseg.com/ Performance Marketing - https://adrhino.com/ Pest control - https://spidexx.com/   That's all for now.   Thank you again for joining me on my Sweaty Startup journey.   Onward and upward! -Nick  

Do you find yourself struggling to make good decisions in tough times? In this exciting episode of The Sweaty Startup. I'm doing a rerun of one of my favorite episodes about the topic of having a Radical Mindedness. This helped me and I believe this will help you too! Enjoy! Join the two leading experts in real estate investing and taxation, Nick Huber and Mitchell Baldridge this May 18th as they delve into the complex world of real estate tax strategies. Reserve your spot here: https://lu.ma/ahdkb6uu   Thanks for listening!   Like this episode? I think you’ll love my newsletter. I write a long form essay on how to build wealth and succeed to 250K+ readers each week. Subscribe here: www.nickhuber.com/newsletter   Want to see all of my companies? Click here: www.nickhuber.com/portfolio   Want more of my content?  I’m @SweatyStartup everywhere: Say hello on X: www.x.com/sweatystartup LinkedIn: www.linkedin.com/in/sweatystartup Instagram: www.instagram.com/sweatystartup TikTok: www.tiktok.com/sweatystartup Apple Podcasts: https://podcasts.apple.com/us/podcast/the-nick-huber-show/id1576120606 Spotify: https://open.spotify.com/show/7L5zQxijU81xq4SbVYNs81 Want my team and I to help sell your business? Click here: www.nickhuber.com/sell Want to buy a business that my brokerage represents? Click here: www.nickhuber.com/buy   Are you an accredited investor and interested in learning more about potential deals? Fill out this form: www.nickhuber.com/invest   Want my free PDF on how to analyze a self-storage facility? Click here: https://sweatystartup.ck.page/79046c9b03   Want to hire me as a consultant? Click here: https://sweatystartup.com/storage   Here are the links to my businesses: usiness Brokerage - https://nickhuber.com/ Personal Brand - https://sweatystartup.com/ Self Storage - https://boltstorage.com/ Bold SEO - https://boldseo.com/ Insurance - https://titanrisk.com/ Recruiting - https://recruitjet.com/ Landing Page / Web Development - https://webrun.com/ Overseas Staffing - https://supportshepherd.com/ Debt and Equity - https://bluekeycapital.com/ Tax Credit - https://taxcredithunter.com/ Cost Segregation - https://recostseg.com/ Performance Marketing - https://adrhino.com/ Pest control - https://spidexx.com/   That's all for now.   Thank you again for joining me on my Sweaty Startup journey.   Onward and upward! -Nick  

I'm going to talk about hiring your replacement. Maybe you're growing. Maybe there's an opportunity to scale up, do more, go to the town next door, do more stuff, different stuff, whatever it might be. I've been there, and I’m going through it now with our real estate private equity company that we're building. And I just want to talk a little bit about some mistakes that I see people make all the time when it comes to hiring executive-level management.   Join the two leading experts in real estate investing and taxation, Nick Huber and Mitchell Baldridge this May 18th as they delve into the complex world of real estate tax strategies. Reserve your spot here: https://lu.ma/ahdkb6uu   Thanks for listening!   Like this episode? I think you’ll love my newsletter. I write a long form essay on how to build wealth and succeed to 250K+ readers each week. Subscribe here: www.nickhuber.com/newsletter   Want to see all of my companies? Click here: www.nickhuber.com/portfolio   Want more of my content?  I’m @SweatyStartup everywhere: Say hello on X: www.x.com/sweatystartup LinkedIn: www.linkedin.com/in/sweatystartup Instagram: www.instagram.com/sweatystartup TikTok: www.tiktok.com/sweatystartup Apple Podcasts: https://podcasts.apple.com/us/podcast/the-nick-huber-show/id1576120606 Spotify: https://open.spotify.com/show/7L5zQxijU81xq4SbVYNs81 Want my team and I to help sell your business? Click here: www.nickhuber.com/sell Want to buy a business that my brokerage represents? Click here: www.nickhuber.com/buy   Are you an accredited investor and interested in learning more about potential deals? Fill out this form: www.nickhuber.com/invest   Want my free PDF on how to analyze a self-storage facility? Click here: https://sweatystartup.ck.page/79046c9b03   Want to hire me as a consultant? Click here: https://sweatystartup.com/storage   Here are the links to my businesses: usiness Brokerage - https://nickhuber.com/ Personal Brand - https://sweatystartup.com/ Self Storage - https://boltstorage.com/ Bold SEO - https://boldseo.com/ Insurance - https://titanrisk.com/ Recruiting - https://recruitjet.com/ Landing Page / Web Development - https://webrun.com/ Overseas Staffing - https://supportshepherd.com/ Debt and Equity - https://bluekeycapital.com/ Tax Credit - https://taxcredithunter.com/ Cost Segregation - https://recostseg.com/ Performance Marketing - https://adrhino.com/ Pest control - https://spidexx.com/   That's all for now.   Thank you again for joining me on my Sweaty Startup journey.   Onward and upward! -Nick  

You often hear, "Living in a business-friendly state, is an advantage". That's why many entrepreneurs settle down in not-too-competitive locations to start a business. However, business-friendly locations do not mean profit!   Thanks for listening!   Like this episode? I think you’ll love my newsletter. I write a long form essay on how to build wealth and succeed to 250K+ readers each week. Subscribe here: www.nickhuber.com/newsletter   Want to see all of my companies? Click here: www.nickhuber.com/portfolio   Want more of my content?  I’m @SweatyStartup everywhere: Say hello on X: www.x.com/sweatystartup LinkedIn: www.linkedin.com/in/sweatystartup Instagram: www.instagram.com/sweatystartup TikTok: www.tiktok.com/sweatystartup Apple Podcasts: https://podcasts.apple.com/us/podcast/the-nick-huber-show/id1576120606 Spotify: https://open.spotify.com/show/7L5zQxijU81xq4SbVYNs81 Want my team and I to help sell your business? Click here: www.nickhuber.com/sell Want to buy a business that my brokerage represents? Click here: www.nickhuber.com/buy   Are you an accredited investor and interested in learning more about potential deals? Fill out this form: www.nickhuber.com/invest   Want my free PDF on how to analyze a self-storage facility? Click here: https://sweatystartup.ck.page/79046c9b03   Want to hire me as a consultant? Click here: https://sweatystartup.com/storage   Here are the links to my businesses: usiness Brokerage - https://nickhuber.com/ Personal Brand - https://sweatystartup.com/ Self Storage - https://boltstorage.com/ Bold SEO - https://boldseo.com/ Insurance - https://titanrisk.com/ Recruiting - https://recruitjet.com/ Landing Page / Web Development - https://webrun.com/ Overseas Staffing - https://supportshepherd.com/ Debt and Equity - https://bluekeycapital.com/ Tax Credit - https://taxcredithunter.com/ Cost Segregation - https://recostseg.com/ Performance Marketing - https://adrhino.com/ Pest control - https://spidexx.com/   That's all for now.   Thank you again for joining me on my Sweaty Startup journey.   Onward and upward! -Nick  

Learn how to conquer 'analysis paralysis' in entrepreneurship and start taking decisive actions. Discover the pitfalls of overthinking and the importance of quick decision-making in business. Gain insights on prioritizing value over money and setting specific goals for success in your ventures.