Show notes
Unlock the secret weapon for entrepreneurs that’s NOT revenue! 🚀 Join us on the Digital Social Hour with Sean Kelly as we dive deep with Shannon Weinstein, founder of Keep What You Earn. In this riveting episode, Shannon spills the beans on why revenue is a vanity metric and what truly drives your business forward. 💰Packed with valuable insights, Shannon shares why discipline and strategic spending can transform your entrepreneurial journey. Listen in as she debunks the myth that you need an accountant from day one and offers game-changing advice on focusing on profit and EBITDA over revenue. 📈Don't miss out on this eye-opening conversation! Watch now and subscribe for more insider secrets. 📺 Hit that subscribe button and stay tuned for more eye-opening stories on the Digital Social Hour with Sean Kelly! 🚀Join the conversation, get inspired, and learn how to truly keep what you earn. 💼 Tune in now! #DigitalSocialHour #SeanKelly #Podcast #Entrepreneurship #ShannonWeinstein #BusinessGrowth #ProfitOverRevenue#EntrepreneurSuccess #ScalingBusiness #FinancialStrategiesForEntrepreneurs #EntrepreneurAdvice #TaxStrategiesCHAPTERS:00:00 - Intro00:35 - Do you need an accountant01:36 - Revenue is a terrible metric03:18 - Lifetime revenue metric06:29 - Do you want your businesses to be profitable year 107:37 - What are the winning companies doing that the losing companies aren’t08:53 - What Were You Doing Before You Started Your Business09:58 - Moving to Costa Rica12:52 - Are You Launching a Community14:02 - Biggest Tax Mistakes People Make17:04 - AI is getting good18:37 - Scaling vs. growing19:47 - EBITDA explained20:40 - Tax returns vs. books23:15 - Tax strategies are time intensive24:58 - Audits27:30 - IRS access to bank accounts28:25 - How do you find out you're being audited30:04 - How do they pick who they audit31:29 - What Counts as a Write-Off32:42 - What Receipts to Keep33:45 - 100% Write-Offs34:20 - Where to Find ShannonAPPLY TO BE ON THE PODCAST: https://www.digitalsocialhour.com/applicationBUSINESS INQUIRIES/SPONSORS: Jenna@DigitalSocialHour.comGUEST: Shannon Weinsteinhttps://www.instagram.com/shannonkweinsteinhttps://www.keepwhatyouearn.comSPONSORS:Deposyt Payment Processing: https://www.deposyt.com/seankellyLISTEN ON:Apple Podcasts: https://podcasts.apple.com/us/podcast/digital-social-hour/id1676846015Spotify: https://open.spotify.com/show/5Jn7LXarRlI8Hc0GtTn759Sean Kelly Instagram: https://www.instagram.com/seanmikekelly/ Learn more about your ad choices. Visit megaphone.fm/adchoices