When New York Times best-selling author Clate Mask talks about scaling a small business, he has plenty of personal experience to draw upon. Infusionsoft, the start-up he co-founded in 2001 and now runs as CEO, is one of the fastest growing private companies in Arizona and boasts annual revenues of over $80 million. His best advice? Learn to identify the growth curves of your business. They are more predictable than you think, Clate insists, and your preparation for them is absolutely pivotal to your success. Tune in to find out how to foresee and navigate growth with confidence. Also joining us is Bobby Brennan, CEO and Founder of Kamado Joe. His David-and-Goliath story of conquering the Big Green Egg—which at the time of his business’s launch had 90% market share—is nothing short of inspirational.
Links mentioned in this episode:
Dave’s fundamental advice on tax issues is to not make buying decisions based on write-offs. You can hear him talk about it here: https://www.daveramsey.com/askdave/mortgage/9248
I know the situation is different but I believe the principles are the same. If you have more questions please feel free to contact me directly. Hope that helps! https://www.linkedin.com/in/johnfelkins/
I have a question. We are struggling with growing our business. We are concerned about our taxes every year. It ranges from 10k to 14k. A year. We are about 1 year from being debt free except a peice of property we own for the business and someday build a shop and or house. 50k. Do we buy to expand our business and write off for taxes or do we hold out get out of debt and pay 14k to IRS?