In light of the recent midterm elections and the seemingly endless wave of negative economic news, Chris and Saied have chosen to turn today's episode of The Higher Standard into a more educational exercise, cutting through the rhetoric and spin to help you become more informed.
In today's episode Chris and Saied discuss the recent wave of layoffs from companies across the board, and attempt to determine when those layoffs may begin to slow as we enter the holiday season and year-end earnings reports.
They offer some insights as to why so many new businesses struggle or even fail in their early days, and why entrepreneurs often get in their own way when running their business.
Chris and Saied look at the process of trademarking your business identity, including the length of time it takes for a trademark application, and debunking some of the myths and misconceptions surrounding the process.
They also discuss different types of corporations and partnerships, such as limited or general partnerships, C-corps LLCs. They explore each type and offer some thoughts on the benefits and drawbacks of each type.
Join Chris and Saied for this fascinating conversation.
What You’ll Learn in this Show:
- Why the best time to start a business may be during a recession.
- The problems Chris sees on the horizon for the hospitality space.
- The concept of AirBnB arbitrage and the dangers of fake gurus.
- The problem with using hard money loans for flip opportunities.
- And so much more...