Main Street Business

#491 What Can I Write Off in My Side Hustle This Year? (Listen Before April 15th)

April 12, 2024 16:00 - 32 minutes - 22.6 MB

In this episode of the Main Street Business Podcast, hosts Mark J Kohler and Mat Sorensen provide insights and tips specifically geared towards those with a side hustle. They dive into a wide range of topics, from tax planning strategies to the importance of claiming all income. Here's what you can look forward to: Detailed advice on preparing your tax return, particularly when dealing with a 1099 for the first time. The importance of claiming all income, whether it comes with a 1099 or n...

#490 Why Every Main Street Business Owner Should Be A SPARTAN w/ Joe De Sena

April 08, 2024 16:00 - 23 minutes - 16 MB

In this episode of the Main Street Business Podcast, hosts Mark J Kohler and Mat Sorensen welcome renowned entrepreneur and industry leader, Joe De Sena. Together, they unpack Joe’s journey to building Spartan, a powerhouse endurance sports brand, and how business owners can overcome obstacles in order to achieve the same level of success. Here's what you can look forward to in this episode: Joe shares the origin story of the Spartan race concept and its evolution over time. Joe discuss...

#489 Accountant Q&A: Watch this to BEAT the IRS (legally)

April 02, 2024 15:00 - 51 minutes - 35.4 MB

In this episode of the Main Street Business Podcast, hosts Mark J Kohler and Mat Sorensen delve into a variety of tax topics, offering their valuable insights and addressing your burning questions. Follow along as they cover everything from key tax savings strategies to estate planning, property management, and more. Here's what you can look forward to: Advice on balancing personal and business expenses for tax write-offs. Emphasis on estate planning for smooth asset transition, avoiding ...

#488 10 Crypto Loopholes The Rich Use To Get Richer

March 26, 2024 22:00 - 34 minutes - 23.5 MB

In this episode of the Main Street Business Podcast, hosts Mark J Kohler and Mat Sorensen reveal 10 crypto strategies the rich are using to save taxes and continue building their wealth. Together, they offer a peek behind the curtain and key insights into the strategies that everyone should be taking advantage of. Here's what you can look forward to: A detailed breakdown of each of the top 10 crypto loopholes that the rich are using to elevate their wealth. Key strategies implemented wit...

#487 The Queen Of Pitching: "Here's The Real Key To Wealth"

March 23, 2024 17:00 - 33 minutes - 22.8 MB

In this episode of the Main Street Business Podcast, Mark J Kohler welcomes author, actress, influencer, and acclaimed Queen of the Pitch, Forbes Riley to discuss her amazing journey and reveal some of her secrets to making the perfect pitch. Here are some of the highlights from this episode: Mark and Forbes dive into how her personal experiences in entertainment shaped her communication style. Forbes discusses her lasting impact on small business owners and the importance of verbal commu...

#487 The Queen Of Pitching: "Here's The Real Key To Wealth" w/ Forbes Riley

March 23, 2024 17:00 - 33 minutes - 22.8 MB

In this episode of the Main Street Business Podcast, Mark J Kohler welcomes author, actress, influencer, and acclaimed Queen of the Pitch, Forbes Riley to discuss her amazing journey and reveal some of her secrets to making the perfect pitch. Here are some of the highlights from this episode: Mark and Forbes dive into how her personal experiences in entertainment shaped her communication style. Forbes discusses her lasting impact on small business owners and the importance of verbal commu...

#486 Investing Strategies For Small Business Owners

March 19, 2024 08:00 - 38 minutes - 26.7 MB

In this episode of the Main Street Business Podcast, host Mark J Kohler and Mat Sorensen guide small business owners through the journey of building wealth. They delve into the unique characteristics of investing as a business owner and lay out a multi-phase roadmap for financial success. Here's what you can expect: A comprehensive look at the financial challenges and opportunities specific to small business owners. Practical advice on managing debt, building cash reserves, and optimizing...

#485 10 Capital Gains Tax Strategies that Keep More Money in Your Pocket

March 16, 2024 05:00 - 20 minutes - 14.3 MB

In this episode of the Main Street Business Podcast, host Mark J Kohler unpacks and breaks down the best ways to tackle Capital Gains tax. He maps out ten helpful strategies that can give you the edge you need to offset Capital Gains and save thousands of dollars. Here's what you can expect: An in-depth view of ten powerful strategies aimed at navigating capital gains tax, typically kept behind a paywall, now accessible for all. Valuable insights usually reserved for the wealthy elite. A...

#484 How to Build a Passive Income Empire (3 Step Formula)

March 12, 2024 18:00 - 25 minutes - 17.3 MB

In this episode of the Main Street Business Podcast, hosts Mark J Kohler and Mat Sorensen share their insights on building a passive income empire. They lay out a three-step formula, backed by their years of experience as tax attorneys, to help you achieve financial freedom. Here's what you can expect: A discussion on the importance of having a side hustle or small business, emphasizing its role as a revenue-generating asset that can fuel your future investments. Practical advice on inves...

#483 How to Maximize Your Rental Property Returns w/ Dolph De Roos

March 08, 2024 19:00 - 32 minutes - 22.1 MB

In this episode of the Main Street Business Podcast, Mark J Kohler welcomes Dolf De Roos, a globally recognized real estate investor and best-selling author. They delve into the intricacies of real estate investing and the potential it holds for significant returns. Here's what you can look forward to in this episode: Dolf shares his journey from being a PhD holder to becoming a real estate investor, mentor, and author of 11 best-selling property books. He provides valuable insights into ...

#482 How Much Money You Should Have In Your Retirement Account (By Age)

March 05, 2024 05:00 - 24 minutes - 17.1 MB

In this episode of the Main Street Business Podcast, hosts Mark J Kohler and Mat Sorensen provide a guide to securing a sound retirement plan. They engage in a highly informative conversation, offering step-by-step strategies to help you reach your financial goals. Here's what you can look forward to: An analysis of how much you should be saving based on your current age, with a clear goal of attaining a $2 million retirement fund. Insightful advice on how to effectively manage your savin...

#481 The Best Strategies to Build Your Personal and Business Brand w/ Mike "C-Rock" Ciorrocco

March 03, 2024 22:00 - 44 minutes - 30.4 MB

In this episode of the Main Street Business Podcast, Mark J Kohler welcomes Mike "C-Roc" Ciorrocco, the man behind the 'What are you made of?' movement and the CEO of People Building, Inc. The duo dive into the concept of brand building to grow a business. Here's what you can look forward to in this episode: Mike shares his journey from the mortgage industry to becoming a renowned performance coach, public speaker, and author, focusing on personal branding and business growth. He provides...

#480 How To Manage Your Finances in this Economic Climate and Election Year

February 27, 2024 18:00 - 29 minutes - 20.5 MB

In this episode of the Main Street Business Podcast, hosts Mat Sorensen and Mark J Kohler delve into managing personal finances and small businesses in an uncertain economic climate. Their lively conversation is packed with insightful advice and practical strategies. Here's what you can look forward to: A detailed discussion on the importance of having a clear financial plan, regardless of the economic climate or election year. Valuable insights on managing personal debt strategically and...

#479 Tax Strategies, Asset Protection, and Estate Planning for Farmers

February 23, 2024 18:00 - 39 minutes - 27.2 MB

In this episode of the Main Street Business Podcast, hosts Mark J Kohler and Mat Sorensen delve deep into the challenges and opportunities of running a farming operation. They provide their expert insights on eight distinct, yet interconnected, farming strategies that can help both budding and seasoned farmers. Here's what you can look forward to: A detailed examination of the S Corporation strategy, highlighting how it can enhance tax efficiency and profitability in farming operations. A...

#478 Four Case Studies of Common Main Street Business Owners

February 20, 2024 18:00 - 41 minutes - 28.9 MB

In this episode of the Main Street Business Podcast, hosts Mark J Kohler and Mat Sorensen offer their expertise on wealth building strategies, tax planning, and legal perspectives for both budding and seasoned entrepreneurs. They discuss four case studies, each bringing unique circumstances and challenges to the table. Here's what you can look forward to: An exploration of how to buy real estate with an IRA or 401K, providing an alternative to traditional investment options. An in-depth d...

#477 Open Forum - Real Estate, S-Corps, and Electric Vehicles

February 13, 2024 17:00 - 44 minutes - 30.4 MB

In this episode of the Main Street Business Podcast, hosts Mark J Kohler and Mat Sorensen discuss various topics related to business, taxes, and legal structures. They answer questions from listeners about tax benefits for small businesses, the benefits of S corporations, and strategies for real estate investing. Here's what you can look forward to: A detailed explanation of how an EV vehicle can be written off, even if you receive the EV credit for the vehicle. An insight into the proces...

#476 Grant Cardone VS Jon Legere: What is Defamation?

February 09, 2024 18:00 - 20 minutes - 14.3 MB

In this episode of the Main Street Business Podcast, hosts Mark J Kohler and Mat Sorensen unpack the defamation case between Grant Cardone and John Legere. They delve into the implications of this case, exploring how it affects the way we communicate online and protect our reputation. Here's what you can anticipate: A breakdown of the case, highlighting the key statements made by John Legere that Grant Cardone claims are defamatory. Unpacking what defamation is, emphasizing the importance...

#475 The 3 Most Common Lawsuits & How to Avoid Them

February 06, 2024 18:00 - 35 minutes - 24.3 MB

In this episode of the Main Street Business Podcast, hosts Mark J Kohler and Mat Sorensen delve into 3 potential legal liabilities for individuals and small business owners. They offer valuable insights into the process of reducing liability through effective planning and documentation. Here's what you can anticipate: A discussion on the three most common ways you might get sued in America: incidents at your home, personal injury claims, and contract disputes. An examination of real-life ...

#474 Received a 1099…What next?

January 30, 2024 17:00 - 32 minutes - 22.4 MB

In this episode of the Main Street Business Podcast, hosts Mark J Kohler and Mat Sorensen provide an in-depth discussion on the importance of effective tax planning for individuals with a side hustle or small business. They offer valuable insights into the process of reducing tax liabilities by taking legitimate expenses offered by the IRS. Here's what you can look forward to: How to effectively reduce the income from a 1099 by deducting legitimate expenses. Debunking misconceptions about...

#473 The Truth About W-2 Tax Strategies

January 24, 2024 06:00 - 32 minutes - 22.1 MB

In this episode of the Main Street Business Podcast, hosts Mark J Kohler and Mat Sorensen delve into various tax strategies for W-2 earners and discuss how to effectively minimize your tax liabilities. They explore the benefits of different deductions, tax credits, and alternative investment strategies, emphasizing the importance of smart tax planning. Here's what you can look forward to: A detailed exploration of 'above the line' and 'below the line' deductions, how they affect your adjus...

#472 LLC, S-corp, or C-corp: Which is best for me?

January 16, 2024 17:00 - 41 minutes - 28.8 MB

In this episode of the Main Street Business Podcast, hosts Mark J Kohler and Mat Sorensen unpack the complexities of business structures and their tax implications. They delve into a variety of topics, including the advantages of transitioning a side hustle to an S Corp, the intricacies of tax management for partnerships and LLCs, and the strategic use of different entities for business owners and real estate investors. Here is what you can look forward to: In-depth explanation of various ...

#471 Open Forum - Tax Strategies That Save You THOUSANDS

December 26, 2023 17:00 - 37 minutes - 26 MB

In this episode of the Main Street Business Podcast, hosts Mark J Kohler and Mat Sorensen address a variety of questions from their listeners. The topics range from the tax implications of self-rental and equity grants for startups, to the benefits of converting a side hustle to an S Corp, and the complexities of managing taxes for partnerships and LLCs. Here's what you can anticipate: Detailed explanations on various tax and legal strategies like self-rental of an office condo to an S Cor...

#470 Maximizing Auto Tax Deductions

December 20, 2023 06:00 - 33 minutes - 23.2 MB

In this episode of the Main Street Business Podcast, hosts Mark J Kohler and Mat Sorensen talk about the ins and outs of auto tax deductions for small business owners. They discuss the various write-offs, including mileage and actual expenses, tax incentives for electric vehicles, and the importance of year-end planning. Here's what you can expect: An in-depth discussion on how to get the most out of auto tax deductions for your small business, including the differences and benefits of the...

#469 Mega Roth Strategies Before Year End

December 12, 2023 17:00 - 43 minutes - 29.8 MB

In this episode of the Main Street Business Podcast, hosts Mark J Kohler and Mat Sorensen dive into the best tax-free vehicle to grow wealth - the Roth account. They discuss the significant benefits of Roth accounts, the power of time value of money, and the importance of planning and executing strategies before the year ends. Here's what you can expect: An explanation of how to use the best tax-free vehicle to grow and earn wealth, and the benefits of the Roth account. A walkthrough of t...

#468 25 Tax Strategies The Wealthy Know (and you don't)

November 30, 2023 21:00 - 55 minutes - 38 MB

In this episode of the Main Street Business Podcast, hosts Mark J Kohler and Mat Sorensen give their 25-year-end tips for saving BIG on taxes. Mark and Mat reveal the complex realm of legal entities, discuss the imminent changes brought about by the Corporate Transparency Act, and much more! Here's what you can expect: The common missteps when setting up a multitude of legal entities such as LLCs, trusts, and corporations. The new mandate requires business owners to register every LLC wi...

#467 Mastering Your Mindset with Life Coach Jody Moore

November 27, 2023 06:00 - 30 minutes - 20.9 MB

In this episode of the Main Street Business Podcast, Mark J Kohler welcomes Jody Moore, a successful life coach, author, and podcast host. This insightful conversation focuses on the intersection of mindset, emotions, and business success. Here's what you can look forward to in this episode: Jody shares her journey from a corporate background to becoming a highly sought-after life coach, impacting the lives of numerous business owners. She provides valuable insights into the mindset shift...

The #1 Oversold Legal Strategy in America

November 22, 2023 06:00 - 32 minutes - 22.1 MB

Business owners are constantly oversold legal strategies they don't need, even if it's working for others. Always take the time to understand your needs! Legal strategies should be tailored to your specific situation. Otherwise, you end up paying more in fees, maintenance costs, and unnecessary complexity. Don’t be persuaded by fear or the fact that everyone else is doing it. For an affordable and simple consultation to build your strategy please book a call with one of our tax lawyers s...

# 466 The #1 Oversold Legal Strategy in America

November 22, 2023 06:00 - 31 minutes - 21.8 MB

Business owners are constantly oversold legal strategies they don't need, even if it's working for others. Always take the time to understand your needs! Legal strategies should be tailored to your specific situation. Otherwise, you end up paying more in fees, maintenance costs, and unnecessary complexity. Don’t be persuaded by fear or the fact that everyone else is doing it. For an affordable and simple consultation to build your strategy please book a call with one of our tax lawyers s...

The Easiest Method To Make Millions In Real Estate with Gino Barbaro

November 19, 2023 22:00 - 31 minutes - 21.7 MB

In this episode of the Main Street Business Podcast, Mark J Kohler welcomes Gino Barbaro, a successful multifamily real estate investor and co-founder of Jake & Gino. In this conversation, the duo dives into multifamily real estate investments, with a particular focus on apartment complexes. Here's what you can look forward to in this episode: Gino shares his unique journey from running a pizza restaurant to becoming a self-made millionaire through multifamily real estate investments. He...

#465 The Easiest Method To Make Millions In Real Estate with Gino Barbaro

November 19, 2023 22:00 - 31 minutes - 21.4 MB

In this episode of the Main Street Business Podcast, Mark J Kohler welcomes Gino Barbaro, a successful multifamily real estate investor and co-founder of Jake & Gino. In this conversation, the duo dives into multifamily real estate investments, with a particular focus on apartment complexes. Here's what you can look forward to in this episode: Gino shares his unique journey from running a pizza restaurant to becoming a self-made millionaire through multifamily real estate investments. He...

#464 Corporate Transparency Act - The New Law Affecting Every Business Owner

November 14, 2023 20:00 - 34 minutes - 24 MB

Get Your Company Compliant with Main Street Business Services Dissolve Your Entity with KKOS Lawyers: https://kkoslawyers.com/ In this episode of the Main Street Business Podcast, hosts Mark J Kohler and Mat Sorensen delve into the complexities of the Corporate Transparency Act. Here are some of the main points they discussed: The ramifications of the Corporate Transparency Act for small business owners, including the need to report to the Financial Crimes Enforcement Network (FinCEN) if...

#463 Real Estate Expert Reveals Their Millionaire System - With Kathy Fettke

November 12, 2023 21:00 - 41 minutes - 28.4 MB

Hit your settings and auto-download our podcast! In this episode of the Main Street Business Podcast, Mark J Kohler welcomes Kathy Fettke, a prominent real estate investor and co-CEO of the Real Wealth Network. This exciting discussion delves into the dynamic world of real estate investments, particularly in the residential housing market. Here's what you can expect to hear about: Kathy provides a unique perspective on making money in real estate, with a focus on identifying problems and...

#462 Revealing Tax Strategies That Will Leave You BROKE

November 07, 2023 15:00 - 27 minutes - 19 MB

In this episode of the Main Street Business podcast, hosts Mark J Kohler and Mat Sorensen debunk five viral tax strategies that are often oversold and misunderstood. Here are some of the main points they discussed: The top five deceptive tax strategies: The QSBS 1202 strategy, setting up an entity in another state to avoid state tax, cost segregations, setting up a C corporation for a small business, and the overselling of life insurance. Insight into why these strategies often don't work ...

#461 Ex AirBNB Employee REVEALS How To Maximize Profits - With Daniel Rusteen

November 05, 2023 22:00 - 36 minutes - 25.3 MB

In this episode of the Main Street Business Podcast, Mark welcomes Daniel Rusteen, a former Airbnb employee and author of 'Profitable Properties', to talk about the intricate world of short-term rental investments. Here's what you can expect to hear about: Daniel compares Airbnb with other forms of real estate investment and explains how hosts can optimize their listings for maximum profit. The importance of listing optimization, including pricing strategy, photo quality, and listing descr...

#460 Unlocking the Power of the Solo 401k

October 31, 2023 13:00 - 42 minutes - 29.3 MB

Set up your Solo-K with KKOS: https://kkoslawyers.com/services/solo-401k-set-up/ In this episode of the Main Street Business podcast, hosts Mark J Kohler and Mat Sorensen delve deep into the intricacies of the Solo 401K retirement account. Here are some of the key points they discussed: An explanation of the Solo 401K, its appeal for self-employed individuals, and the role it plays in wealth-building. Discussion on the contribution limits of Solo 401K, the difference between traditional a...

#459 The Real Benefits of S-Corps

October 24, 2023 09:00 - 18 minutes - 12.7 MB

Hit your settings and auto download our podcast! In this episode of the Main Street Business podcast, host Mark J Kohler delves deep into the nitty-gritty of S Corporations, LLCs, and the concept of the Trifecta in business. Here are some of the significant points discussed: An extensive walkthrough of S Corporations, the misinformation surrounding them, and why they're valuable for business owners. The comparison between an LLC and an S Corporation An in-depth explanation of the Trifecta...

#458 Charting a Sustainable Path in the Fashion Industry w/ Entrepreneur Allison Boyes

October 19, 2023 07:00 - 20 minutes - 14.5 MB

In this episode of the Main Street Business podcast, host Mark J Kohler invites special guest Allison Boyes, a young fashion entrepreneur and designer onto the show. They delve into Allison's journey from selling vintage clothing in high school to launching her own luxury label. Here are some of the topics they cover: The significance of hands-on experience and learning by doing in entrepreneurship. Allison's unique venture into creating luxury cowhide coats, discussing her sourcing method...

#457 The Reality Check for Small Business Owners Considering QSBS

October 17, 2023 13:00 - 18 minutes - 12.6 MB

In this episode of the Main Street Business podcast, hosts Mark J Kohler and Mat Sorensen discuss the complexities and potential pitfalls of the Qualified Small Business Stock (QSBS) tax strategy. Here are some of the key points they discussed: An explanation of the QSBS strategy, its allure for small businesses, and the role of C Corporations in this strategy. The three major problems associated with the QSBS strategy - The requirement of having a qualifying business, the need to show sig...

#456 How to Unlock Passive Income with Rental Properties w/ Rich Fettke

October 15, 2023 14:00 - 24 minutes - 17.1 MB

In this episode of the Main Street Business podcast, host Mark J Kohler welcomes special guest Rich Fettke, co-founder of Real Wealth - an organization that educates and helps individuals with their real estate investments. They discuss Rich's journey from being diagnosed with melanoma skin cancer to becoming a successful real estate investor and coach. Here are some of the topics they cover: The importance of passive income and how it can ensure financial security during unexpected life ev...

#455 Health Insurance Open Enrollment: Strategies for Individuals and Small Businesses

October 10, 2023 13:00 - 34 minutes - 23.9 MB

In this episode of the Main Street Business podcast, hosts Mark J Kohler and Mat Sorensen highlight the significance of healthcare open enrollment for solopreneurs and business owners. They delve into a range of strategies and tips to help manage healthcare expenses and optimize benefits. Here are some of the key points they discussed: Insights into different healthcare facets and angles, such as the Health Reimbursement Arrangement (HRA), the Qualified Small Employer Health Reimbursement A...

#454 What to Do if You Can't Pay Your Taxes by October 16th

October 03, 2023 13:00 - 34 minutes - 23.6 MB

In this episode of the Main Street Business podcast, hosts Mark J Kohler and Mat Sorensen provide a comprehensive guide on how to deal with the Internal Revenue Service (IRS) when you owe them money! Understanding the importance of communicating with the IRS and making a plan to address tax debt. Resolving tax debt options, such as short-term and long-term payment arrangements. The process and potential benefits of negotiating a deal with the IRS through an Offer and Compromise. Examinin...

#453 The People's Show - Open Forum

September 26, 2023 11:00 - 41 minutes - 28.6 MB

In this episode of the Main Street Business podcast, hosts Mark J Kohler and Mat Sorensen take questions submitted by listeners! If you want to submit a question for our once-a-month open forum show, visit: https://podcast.mainstreetbusiness.com/submit-a-question/ For more game-changing financial strategies, be sure to like and subscribe to the podcast, and sign up for our weekly newsletter to get more FREE education every week: https://markjkohler.com/contact-us/ Are you ready to get ce...

#452 Short Term Rental Tax Loopholes - Year End Rush

September 19, 2023 16:00 - 28 minutes - 19.6 MB

In this episode of the Main Street Business podcast, hosts Mark J Kohler and Mat Sorensen delve deep into the tax benefits available through short-term rental properties. They explain how real estate professionals can offset their losses on rentals against their other income sources, thus introducing the concept of a short-term rental loophole. Understanding the potential tax benefits of utilizing tax write-offs and loopholes. Exploring the concept of cost segregation and its potential fo...

#451 Entity Formation: Top 5 Mistakes and Effective Fixes

September 12, 2023 11:00 - 29 minutes - 20 MB

In this episode of the Main Street Business podcast, co-host Mat Sorensen, along with special guest Ashley Burr, discuss the complexities of setting up and managing business entities. They highlight the five common mistakes people make when setting up an entity, such as forming entities in the wrong state and having the incorrect tax classification. Furthermore, they provide strategies on how to fix these errors, emphasizing the importance of asset protection and tax savings. They also under...

#450 The 5 Methods to Build and Grow a Successful Nonprofit

September 05, 2023 08:00 - 40 minutes - 27.8 MB

In this episode of the Main Street Business podcast, host Mark J Kohler, along with guest Deven Munns, delve into the complexities of establishing and operating a nonprofit organization. They stress the importance of identifying your purpose, assembling the right team, and meticulous planning. Furthermore, they shed light on the intricacies of fundraising, the necessity to have a precise structure, and budget considerations. They also share their personal experiences and valuable insights in...

#449 Recession Proof Your Small Business

August 29, 2023 11:00 - 24 minutes - 16.9 MB

In this enlightening episode of the Main Street Business podcast, hosts Mark J Kohler and Mat Sorensen explore strategies for recession-proofing small businesses. They discuss the importance of financial reviews, debt management, and identifying new revenue sources, among other things. The emotional and intellectual challenges of recession-proofing a business. Predicting business reshuffling in a recession and the survival of the fittest theory. The significance of serving clients effecti...

#448 How to Crush Your Competition w/ Coach Micheal Burt

August 18, 2023 10:00 - 34 minutes - 23.8 MB

In this powerful episode of the Main Street Business podcast, host Mark J Kohler sits down with former Coach Micheal Burt, to discuss how he went from dominating as a basketball coach to crushing his competition in business. For more game-changing financial strategies, be sure to like and subscribe to the podcast, and sign up for our weekly newsletter to get more FREE education every week: https://markjkohler.com/contact-us/ For more opportunities to learn from Coach Micheal Burt, follow ...

#447 Strategies for Erasing Credit Card Debt in 2023

August 15, 2023 14:00 - 27 minutes - 18.8 MB

In this episode of the Main Street Business podcast, hosts Mark J Kohler and Mat Sorensen shed light on a pressing issue that many Americans face: the staggering $1 trillion credit card debt. Delving into the nuances of financial disparities, they discuss how the rich are gaining steam with their savings, while the poor might be sinking deeper into debt. They also challenge Dave Ramsey's advice of cutting up credit cards, emphasizing its potential impact on credit health and business expan...

#446 The Secrets To Investing Passively in ANY Market w/ Devon Kennard

August 10, 2023 14:00 - 27 minutes - 18.8 MB

In this powerful episode of the Main Street Business podcast, host Mark J Kohler sits down with former NFL player, Devon Kennard, to discuss his transition from professional football to becoming an entrepreneurial figure in Main Street America. Former NFL player, Devon Kennard, shares his journey into the world of real estate investment while maintaining a professional sports career. Devon elaborates on the significance of financial literacy and how it played a crucial role in his success...

#445 How to Get the Most Out of Your Trust: Open Forum

August 08, 2023 08:00 - 58 minutes - 40.5 MB

In this episode of the Main Street Business podcast, hosts Mark J Kohler and Mat Sorensen tackle a wide range of topics that are crucial for small business owners and entrepreneurs. Throughout this engaging open forum show, Mark and Mat discuss various areas of interest. They dive into the importance of learning from others' experiences, the significance of correctly allocating purchase price in a business, and the nuances of partnership structures. They also touch on the complexities of o...

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