How to De-Risk the Move to Self-Employment with Matt Baker

If you're considering making the move to self-employment from a traditional job, this episode is going to help you de-risk the move to full time entrepreneurship!

In this episode, Alex Sanfilippo and Matt Baker discuss how to de-risk the move to self-employment.

They go over different kinds of barriers that people have to get through or get over in order to make the move to self-employment. 

They also discuss the 7 Financial Disciplines and why they matter.
The 7 Financial Disciplines:

1. Regularly review your finances
2. A budget: having targets around your outcomes from revenue and expenses
3. A process where you save money for taxes
4. Proactively reducing debt
5. A way to pay yourself out of your earnings so you know what you made
6. Establish a specific structure for your business i.e. Inc., LLC, Sole Proprietorship
7. A process to maximize your write-offs for tax time


For full show notes visit: https://creatingabrand.com/how-to-de-risk-the-move-to-self-employment-with-matt-baker

Podcasting Made Simple | For Podcasters & Podcast Guests

Alex Sanfilippo, PodPros.com

Podcasting Made Simple is a top-rated podcast that releases weekly masterclass episodes focused on helping podcast guests and podcast hosts improve their craft so they can make a bigger impact on the world. Listen as Alex Sanfilippo, along with other successful podcasters and podcast guesting experts, share practical and actionable ideas for succeeding in the world of podcasting. Prepare to elevate your podcasting game! Podcasting Made Simple is the official podcast of PodPros.com (PodMatch and PodcastSOP)

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