How to De-Risk the Move to Self-Employment with Matt Baker

If you're considering making the move to self-employment from a traditional job, this episode is going to help you de-risk the move to full time entrepreneurship!MORE FROM THIS EPISODE: HTTPS://PODMATCH.COM/EP/039In this episode, Alex Sanfilippo and Matt Baker discuss how to de-risk the move to self-employment.They go over different kinds of barriers that people have to get through or get over in order to make the move to self-employment. They also discuss the 7 Financial Disciplines and why they matter.The 7 Financial Disciplines:1. Regularly review your finances2. A budget: having targets around your outcomes from revenue and expenses3. A process where you save money for taxes4. Proactively reducing debt5. A way to pay yourself out of your earnings so you know what you made6. Establish a specific structure for your business i.e. Inc., LLC, Sole Proprietorship7. A process to maximize your write-offs for tax timeMORE FROM THIS EPISODE: HTTPS://PODMATCH.COM/EP/039PodMatch has officially launched a podcast network for independent interview-based podcasts! To apply to be part of the network, please visit https://PodMatch.com/network and press the "Join Network" button in the top center of the screen. While you're there, be sure to check out some of the incredible shows in the network!

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