Artwork

Content provided by Junaid Ahmed. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Junaid Ahmed or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.
Player FM - Podcast App
Go offline with the Player FM app!

E601 - Scherrie Prince - How to Safeguard Your Assets and Build a Strong Foundation for Entrepreneurial Success

34:47
 
Share
 

Manage episode 416684478 series 2124937
Content provided by Junaid Ahmed. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Junaid Ahmed or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.

In this episode, we get to speak with Scherrie L. Prince.

She is an attorney and an asset protection coach, to explore her journey and expertise in helping entrepreneurs protect their business and personal assets. From navigating the complexities of estate planning to building a solid legal structure for your business, Scherrie shares invaluable insights and practical tips for safeguarding your assets and laying the groundwork for long-term success.

Tune in to discover how to create a moat around your assets and mitigate risks in your entrepreneurial journey.

Our Guest

Facebook Group - PBF: https://bit.ly/playbigfasterFBGroup
Facebook Page - PBF: https://www.facebook.com/playbigfaster
Facebook Public Figure Page: https://www.facebook.com/scherriespeaks
Instagram: https://www.instagram.com/scherriespeaks
LinkedIn: https://www.linkedin.com/in/scherriespeaks
Twitter: https://www.twitter.com/scherriespeaks
TikTok: https://www.tiktok.com/@scherriespeaks
YouTube URL: https://bit.ly/scherriespeaks
Wheel of Fortune Appearance: https://bit.ly/scherrieprinceWOF Hacks to take away

  1. Implement a three-entity system for each operating entity, consisting of a holding company and two service companies. This helps to separate liabilities and can lead to tax savings.
  2. Establish and regularly meet with a "money team" comprising professionals like attorneys, accountants, and financial advisors to create a comprehensive plan for business success.
  3. Ensure your operating agreement or partnership agreement is solid and includes a spousal consent form to protect your business and assets in the event of incapacitation or death.
  4. Encourage learning and teaching moments within families to pass on knowledge and avoid children having to start from scratch.
  5. Pursue dreams regardless of age or circumstances, as demonstrated by Cherie's journey from wanting to be an attorney as a child to pursuing that dream later in life.

Let’s get started with your Home Studio! Be ready for live streaming, zoom calls, and creating content. Let me help you build a space that helps you gain confidence in front of the lens. Book a call here for a free consultation:⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠http://hacksandhobbies.com/booking.

  continue reading

511 episodes

Artwork
iconShare
 
Manage episode 416684478 series 2124937
Content provided by Junaid Ahmed. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Junaid Ahmed or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.

In this episode, we get to speak with Scherrie L. Prince.

She is an attorney and an asset protection coach, to explore her journey and expertise in helping entrepreneurs protect their business and personal assets. From navigating the complexities of estate planning to building a solid legal structure for your business, Scherrie shares invaluable insights and practical tips for safeguarding your assets and laying the groundwork for long-term success.

Tune in to discover how to create a moat around your assets and mitigate risks in your entrepreneurial journey.

Our Guest

Facebook Group - PBF: https://bit.ly/playbigfasterFBGroup
Facebook Page - PBF: https://www.facebook.com/playbigfaster
Facebook Public Figure Page: https://www.facebook.com/scherriespeaks
Instagram: https://www.instagram.com/scherriespeaks
LinkedIn: https://www.linkedin.com/in/scherriespeaks
Twitter: https://www.twitter.com/scherriespeaks
TikTok: https://www.tiktok.com/@scherriespeaks
YouTube URL: https://bit.ly/scherriespeaks
Wheel of Fortune Appearance: https://bit.ly/scherrieprinceWOF Hacks to take away

  1. Implement a three-entity system for each operating entity, consisting of a holding company and two service companies. This helps to separate liabilities and can lead to tax savings.
  2. Establish and regularly meet with a "money team" comprising professionals like attorneys, accountants, and financial advisors to create a comprehensive plan for business success.
  3. Ensure your operating agreement or partnership agreement is solid and includes a spousal consent form to protect your business and assets in the event of incapacitation or death.
  4. Encourage learning and teaching moments within families to pass on knowledge and avoid children having to start from scratch.
  5. Pursue dreams regardless of age or circumstances, as demonstrated by Cherie's journey from wanting to be an attorney as a child to pursuing that dream later in life.

Let’s get started with your Home Studio! Be ready for live streaming, zoom calls, and creating content. Let me help you build a space that helps you gain confidence in front of the lens. Book a call here for a free consultation:⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠http://hacksandhobbies.com/booking.

  continue reading

511 episodes

All episodes

×
 
Loading …

Welcome to Player FM!

Player FM is scanning the web for high-quality podcasts for you to enjoy right now. It's the best podcast app and works on Android, iPhone, and the web. Signup to sync subscriptions across devices.

 

Quick Reference Guide