Turn A Side Hustle Into A Successful Business

[@tyreedillard]

My grandfather scaled a side hustle doing dump runs he did as a handicapped entrepreneur into a waste management, trucking, and private investment holding company.

[@shawndanahey]

This was a great show...I have watched a couple but this one was above and beyond what any other financial youtuber is doing!

[@LTDan-pk3mx]

I love the way you guys feed off each other and interact.. Thant makes it "Fun Learning" and i did learn alot and i thank you both!!

[@TheNurseArtist]

I LOVE IT TOO! you 2 are great. Love learning from you

[@TimeIdle]

You guys have great chemistry. Always enjoy listening and learning from your bantering.

[@Big_delta]

One of my fav channels guys... Keep it up!

[@SB-hj3mg]

Youŕ educational/informative channel is one of my few bests! You rocking it guys, keep it coming!

[@cheryls3777]

What are your thoughts on a freeze dried treats business?

[@lynnharris7119]

Matt congrats to your daughter! You taught her well🥰

[@369time7]

I totally agree w/ Matt, I you want to pick the right car, use a VIN diagram.

[@s.b.p5219]

Can a LLC be started by a trust or should the LLC be started first and later placed within the trust?

[@MsSoms]

I love the energy and practical steps you bring to get folks motivated and moving...

[@lovelovelove5744]

Pivot eg. Amazon started as Bookstore. Wrigley distributed soap and offered baking soda with soap to sell better as premium and then the baking soda became a bigger seller over the soap and there were long lines waiting to buy baking soda so he gave away free chewing gum to those waiting in line and then the gum became the new top hit seller. Hershey had successes selling caramels but it kept ending in failure . For 10 years success was followed by failure in four different cities and he eventually filed bankruptcy Then he found chocolate and a way to make it cheap. Persistence, determination and pivot.

[@harleysmith1857]

Absolutely

[@paultarr3124]

Great Cast..

[@gustavomcmillian7360]

RESPECT!

[@sooperdweeb1753]

All I can say is Holy Crap. How come I haven't seen your Vlog before?! Thank you Sir, for all the outstanding info . I caught your vid on saving taxes on Crypto and it left me stunned and speechless. Passed it on to a few friends as well so your subs are going to go up a few.....

[@mariek4362]

Great ideas. These side business hustles are exactly why our government wants to watch all our bank accounts now.

[@johnalvitre3154]

Great one again. TY and yes, I do have my plan to take into action.

[@alan30189]

I’m giving good advice to some of your viewers, but my comment keeps getting taken down. I get an error code 404 when I try to modify my comment. It basically means my comment has is no longer there, it’s been taken down. Everything is clean, it’s good advice, and I’m not cussing or anything. Can you explain why this is???

[@BlueSkyGuitar]

Great video - thank you!

[@xrplove9955]

Awesome content!!

[@TheNurseArtist]

fire.

[@charlestommarello6337]

Love your work Mark Will be needing your services soon.

[@beatrizschaller7868]

Great info, thank you so much! I need to set up a group 401K for my S corp. Any recommendations?

[@CRpatriot]

Yes we are hustlers

[@phil5563]

Has anyone said anything about the dumb and dumber idea? Because I was dieing!!!

[@aricanaan1266]

Not retro or antique. I think the word you were looking for was probably ‘vintage clothing’

[@Candyb8]

Love it

[@HVACRILLA]

This is exciting

[@LegoFlipC]

I absolutely love this video - it is awesome that you’re doing it. I’ve already sent the link to five people that will be all over this. Thank you for your time! I know that this was just a very brief mention in a group of other things you were talking about - but I think the life coach thing is highly overrated as a career move. Most people do not have their act together and I would never pay money to have someone coach me through life who isn’t mature and successfully experienced and doesn’t fully have their act together with a high knowledge base as well as tools to really objectively identify a person strengths as well as understanding what demands and dynamics they have in their lives. I am surprised how many 30 and 40 somethings say they are life coaches and I am laughing and wondering how many people actually pay an amateur who took short course and hasn’t ever really prospered in any career moves themselves and they’re going to give someone life coaching. I know that sounds harsh but I just don’t see that being a great opportunity for a business unless you’re already well trained in human emotion and behavior.

[@dynamics9000]

pets are now growing and there are many small businesses too for that.

[@manp1039]

one thing i did that i thought was alot of fun.. i bought the contents of storage units of people that had stopped paying rent. and then sold the stuff at swapmeets and ads in news paper.. this was before the storage wars and before craigs list. I enjoyed researching the cost of items. I am not in position to do that now because it requires having a garage to hold the things and a car and trailer to move things from the storage to the garage and swapmeet. I also bought damaged cars at auction and fixed them up and detailed them and sold them. that also requires space to park the car or cars off street.. and ideally in a garage to do the repairs and fix ups and detailing and then to show the car to prospective buyers.

[@krowwithakay]

Hi Mark, I feel bad asking this in a comment, but I really need a general answer, can I withdraw from a 529 if I don't choose to go to college? I should just pay a 10% fee on any earnings if im not mistaken?

[@priestesslucy]

Can't you find some sort of education worth investing the funds into (there are a lot of courses out there that are valuable for the content itself without actually pursuing a degree)? Then you can turn around and use the College Tax Credits available to reduce your tax burden in the year you take the course work.

[@ryanendersmith]

Me: Watching a video about small business Mark: "Who would watch a video about small business" Me: Try not to choke cause I'm laughing so hard

[@sosodave4192]

hey Mark, I apologize for contacting you here but I am somewhat of a Luddite and don't really know how else to ask my question. first off, I love your output. you are a funny and charming presenter, and the knowledge that you provide is fantastic. but there is one thing that is particular to my situation, along with tens of thousands of other Americans, that you don't cover. and I would love to see at least a show, if not a short series of videos, on the topic, considering that more and more people will be affected by it. expats. I am a USA citizen who is a permanent resident outside of the USA. this means that I get to take advantage of the foreign earned income tax credit, which makes my tax situation very, very different from most of the people that you are addressing. so, while I love the idea of having a personal trust and using llc's to own my house and my car and everything else, how does that play when I am living permanently outside of the USA, but still subject to some USA taxes? you obviously could not address every situation in every country, but from a generic standpoint, would I put my property in Greece into an LLC in Greece? or one in the USA? or for tax purposes, to ensure foreign earned income, should I create a company in someplace like Estonia to control my property in Greece, and ensure that none of the profit comes from a USA connected source in order to maximize my tax situation? for example, in watching your passive income RANT, you mention specific ways to avoid having your income be hit with FICA. but as a permanent resident, my foreign income is only subject to FICA, not federal. so the advice to take as much money as possible as a dividend would be exactly the opposite for someone in my position. that's why having a professional such as yourself provide guidance for the expat situation would be invaluable. thank you for any light that you can shed on this.

[@LivingGoodwithLandee111]

BAHAHAHAHAHA give me some of that caviar

[@phil5563]

Clearly the idea was great they made a movie about🤣🤣🤣

[@monicamariagonzalez2726]

Vintage

[@Trustfundbaby77]

Timestamp

[@ccpj0eyb319]

Nothing illegal like flamethrower shoveling service🔥🤣

[@dric30]

You guys are THE Best ..content is all signal , extremely valuable to many. I plan to work with your team eventually to establish the trifecta strategy..will reach out. Right now we’re trying to decide on going into a franchise w/ service provider( B to C) who actually asked me to be a distributor instead. He’s losing a ton of business from shipping costs.. Does your team advise on these types of dealings?

[@Michelle-uk3bd]

Venn Diagram

[@maricelasanchez6787]

😂😂😂"That was hot"❤️

[@getitbig9142]

Despite the pandemic, I have about 230k in my investment account and $8000 at least every month as dividends and profits generally. I'm 51 years old and I have always save up for better investments, I have 2 investment accounts, working as an agent/realtor making around 100k -150k a year.

[@williamsfletcher6911]

That’s great, can I know what kind of investment you invest in and what are your ideas ?

[@getitbig9142]

@@williamsfletcher6911 I suggest you get in touch with an investment adviser for guidance, most bullish investors has been in the market for long so it’s easier for them to make better profit than others. For me, I get my strategies from *Diana Alexandra Hunts* and that's how I was able to earn my first 100k.

[@getitbig9142]

*DIANA ALEXANDRA HUNTS*

[@showbizz3607]

Wow am just shock someone mentioned expert Diana Alexandra Hunts, I thought I'm the only one trading with her. She helped me recover what lost trying to trade myself

[@nathancook8325]

All my investments aremanaged by Diana Alexandra Hunts also, I really recommend her to anyone. The problem people encounter today is untrusted brokers that doesn't really know the best and right way to invest and at the end of the investment you loose everything

[@Cayoi]

How can I grow my money, maybe double it if I have $50 K right now in my savings account , waiting to be invested? I only have 12 years more to go for early retirement.

[@lizerlothdlb2389]

Bitcoin

[@HammerHead202]

If you got into Bitcoin 2-3 months at when it was at 30,000. Now at 60,000

[@bootburner4544]

@@HammerHead202 Or when it was $10,000

[@depechebeckas1]

Crypto…Bitcoin…Ethereum…

[@Thepowerliftingrealtor]

Trade options

[@bootburner4544]

2:11 I was wondering when Mark would start criticizing and mocking the viewers and listeners again, which he does in every video/podcast. Didn't expect it to come so early, 2 minutes in! Thank God for Matt who keeps him in check. If it wasn't for Matt I really couldn't stomach watching this very insecure man. The information you guys put out is invaluable and much appreciated but just wish you could drop the smarmy attitude Mark. It's so unnecessary, and to many it's very off-putting, and doesn't add to the humour and levity that you might think it does.

[@harleysmith1857]

I don't often disagree, but this is not often! When you say many do you mean verifiable people &/or comments? His fun mixed with serious strategic golden info swirled in with his personality is just the right recipe! 100 % think of Taylor Swift. Recently I watched a Clip of her at an awards ceremony and she spoke about how the people in her industry over her said, "you need to change, ok now do this and dont do that!" Guess what, she did it her way & look at what an icon she is; an absolut legend! Mark Kohler is awesome the way he is! He isn't boring when he presents I hang on to every word! Never did I think I'd be the one to know more about taxes...1 because I know how urgent it is to know all aspects of business! 2- It's because both of them Mark & Matt together are a powerhouse! I, for one, Thank the Universe they aren't boring...whew! Also, I respect your comment while 100% respectfully disagreeing! Curios what the next person reading this thinks?

[@bootburner4544]

@@harleysmith1857 In 2 years since I left this comment you are the first and only one to dispute it. Three liked it. If you're waiting for others to support your opinion you might be in for a very long wait. I watched several of this guys videos before calling him out for jeering and mocking his viewers. It's not entertainment as you claim. It's his insecure personality and character. 😅

[@harleysmith1857]

We all have our own perspectives! It twas' nice banter though! Quite enjoyable! 🙂

[@bootburner4544]

@@harleysmith1857 You mean ... t'was nice banter ... not ... it twas' nice banter ... 😭😅

[@Bianstus]

tl;dw?

[@knuttlaarsen7218]

Don't know how I stopmed onto this. All in all GREAT video 🥇. I also watched those similar from mStarTutorials and kinda wonder how you guys create these vids. MStar Tutorials also had cool information about similiar things on his channel.