REIT Talk with Ed Robinson..Starting a Business or Getting a Job?

So you’ve officially become torn between getting a job or starting your own business….

….What to do??  Winne the Poo

I’ve seen this conundrum play out hundreds of times, and hopefully this experience can help guide your decision.  Continue to listen my friend:

1.) Let’s start why it’s awesome to own a business:

Running your own business is super glamorized because people see all the good stuff about it…..and to be honest, there ARE a lot of good things about it:

When you’re running the show, you get to do ANYYYYTTTHING you want!  Do you want your “global headquarters” (aka you with a laptop) located on a beach in Costa Rica?  Cool…..go!

You get to write off a shit-ton of stuff on your taxes. You even get to save more money by being a business owner (a normal ROTH IRA allows you to sock away $5,500/year in savings tax free, however a business SEP IRA allows you to sock away $53,000/year.  That’s 10x more.  Giggity).

You get to be your own boss, call all the shots, decided what you want (and don’t want) to do everyday.  It’s 100% up to you.