FROM THE ARCHIVES: Edward Collins on How to Scale Your Business and Reduce Taxes

Original Air Date: July 15, 2023

Ever wondered how to future-proof your finances in an economy with rising taxes and the gig economy booming? In this episode from The Financial Quarterback Radio Show Archives, Josh sits down with Edward Collins, an influential figure in wealth management and business strategy. From an early career in the United States Department of Justice to founding a multi-state financial planning practice and co-creating Uplevel, a platform designed to empower entrepreneurs, his strategies are helpful for business owners today. As more people pivot to entrepreneurship and face evolving tax regulations, Collins’s expertise in reducing tax liabilities and maximizing cash flow is more important than ever.

Josh and Edward dive into a lively discussion about the challenges and opportunities of today’s financial landscape. Edward opens up about his shift from government work to building a successful wealth management business, revealing key lessons on structuring your finances for optimal tax efficiency. The conversation takes a turn as they break down why focusing on free cash flow rather than income is essential, especially in the evolving gig and freelance economy. Edward also shares his insights on how entrepreneurs can use social media to grow their brand and create value-driven content, all while protecting their assets through strategic entity formation.

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