Cube Escape

Self Employment - Entrepreneur Lifestyle - Business Tips and Tricks

Pursing the Entrepreneurial Dream

A couple of years ago, I decide that my pursuit of climbing the corporate ladder was fruitless. It wasn't for me...not what I wanted. I craved freedom. I've learned a lot about becoming an entrepreneur, and I'll share what I've learned with you. Getting control of your life again isn't a pipe dream. Financial, professional, and creative freedom can be yours.

Loopholes of the Rich

If you are just kicking around the idea of going into business for yourself, you need to read Loopholes of the Rich by Diane Kennedy. The subtitle is “How the Rich Legally Make More Money & Pay Less Tax.” Quite an appropriate title.

Diane Kennedy is a very successful CPA, and boy does she know her stuff. From start to finish, this book is all about making you and your company as tax-leveraged as possible. Did you know that — if you run your own corporation and work as an employee — you can pay yourself a childcare expense? This book is filled with a bunch of tidbits like that.

Worried about the issue of double taxation? If that is why you aren’t going to start your own company, you need to get this book. If you manage your business right, and take full advantage of what the IRS gives to you, double taxation will just become some horror story told around a campfire.

Another worry I’ve come across while talking with people is the issue of liability. With the proper business structure, liability can be reduced or eliminated. Diane covers all of that in this book. It’s a quick and easy read, but it is loaded with information. I’ve read it once, and I’m going to have to read it again so I can get new ideas for running my business the best way possible.

Make a lot of money, and pay less taxes…all legally. Sounds good to me. Here’s a link to the book on Amazon.com, so you can check it out for yourself (just buy it):

Loopholes of the Rich: How the Rich Legally Make More Money and Pay Less Tax

. 05 Aug 08 | Book Reviews | Read on | Comments (0)

Book Review Section Coming Soon

I’ve read a few business books in my day, and I thought it was time to write some reviews of them. I’ll write a review of each book and place it here in the “Book Reviews” category so you can easily find them.

I’ll review books that meet the following criteria: 1) I have read the book; 2) I think the book will benefit you (the readers) in some way; and 3) the book deals with some aspect of business. Since, no matter one’s specialty, an entrepreneur must be fluent in all things business, it’s good to read up on the subject. Read all you can about everything you can.

If you can learn a lot from others, you can save yourself some mistakes. Keep an eye out for the first review!

. 08 Jun 08 | Business, Book Reviews | Read on | Comments (0)