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One Thing: Day 550: Inflation Hack
Day 550: Inflation Hack
Last week we covered a lot of ground as well as explaining why The Phantoms are my favorite hockey team to lay against.
By a long way.
Speaking of going to the local bar…
I had a dream last night that a bunch of scientists got together to study the effects of
alcohol on a person’s walk.
The results were staggering.
In other news…
The force isn’t with you…. It IS you.
Anyhoo…
Your ONE COACHING THING Today Is:
‘A Wealth Hack’
I’ll give this one to you in an opening sentence.
‘The ability to write off depreciation on assets that are appreciating (due to inflation…
cough, cough) is an accounting hack on steroids.’
Many accountants don’t understand the super power that depreciation provides a
business owner.
It’s a ‘non cash’ expense…
… expenses lower your tax position.
Therefore, you can lower your taxes owed without spending cash.
Translation: A really good thing, but only if you like money.
This ONE SENTENCE HACK, taken to your high end coaching client’s accountant,
could earn you your annual coaching fees on its own.
Plus create a referral partner for a very long time (the accountant).
Double whammy.
You’re welcome.
*Here it is again in case you missed it:
‘The ability to write off depreciation on assets that are appreciating (due to inflation…
cough, cough) is an accounting hack on steroids.’
You heard it here first.
Now, pick up the phone and go help someone.
Obsessed with your business coaching success,
Karl Bryan aka King Karl
PS. Stop getting distracted… you’ve got dreams to chase, not people to impress.
PPS. If this helps and you want it to really sink in… GO TEACH IT to someone cause that’s the best way for you to learn it. A friend, your spouse, a client etc…
PPPS. Marriages break up from lack of money… over lack of love X 100.
Business failures lead to destruction, addiction, depression, anxiety, suicides, and unfortunately, far more.
As good business coaches, we save marriages, save families, save kids from self-destruction… we save lives!
A true life of purpose.
PPPPS. If you’re looking for a proven system to follow for your coaching…. I created Profit Acceleration Software™ as well as our Digital Acceleration Software™ and high-end step by step training to support it…
It’ll teach you ‘How to find any small business owner $100,000 in 45 minutes without them spending an extra dollar on marketing or advertising.’
Imagine finding your annual $12,000 to $50,000 coaching fees BEFORE you started coaching your new clients?! And a proven coaching system created for you to follow with your new coaching client.
Reply to this if you want to start following a proven coaching system.
PPPPPS. Forward this to someone that needs to subscribe to my daily emails and get a limited time, complimentary subscription to my business coaching magazine go here:
https://thesixfigurecoach.com/subscribe/
PPPPPPS. They tell me my Podcast is Ric Flair style, Money Makin, Client Getten, Joint Venture Landing, Event Fillin, High-End Coaching Client Findin Gold For Business Coaches.
Entertaining, Informative, Uncensored, Unedited:
Missed a day? Catch up here.
Karl Bryan, creator of Profit Acceleration Software™
Karl is the Founder and Editor-in-Chief of The Six-Figure Coach Magazine and Chairman of Focused.com, home of the largest private community of Business Coaches (24 countries and counting) in the world. His goal is straightforward… to help serious coaches/consultants get more clients. Find out more at focused.com
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