LLC

also referred to as: llcs

2 statements across 2 episodes · 0 bullish · 2 bearish · 2 people on the record · first statement Sep 11, 2024 by Greg Isenberg · across every show →

Everything said about LLC, oldest first

Sep 11, 2024 negative
Disclosure
Isenberg: Failing to convert an LLC to an S-Corp cost millions
“We set up an LLC for one of our businesses in the States and it started making a bunch of money and we didn't realize that we should have converted it to an S corp. And which is another type of corporation. So and that cost us hundreds of thousands, if not mil…”
Greg Isenberg Sep 11, 2024 ▶ 35:11 How to become a solopreneur (3 $1M+ startup ideas)
Nov 20, 2024 negative
Insight
Girdley: Most founders overcomplicate their holding company structures
“Most people tend to way over complicate it. Like you can keep it as simple as I have in terms of, kind of, how you structure stuff or things just flip to you individually rather than having, like, a bunch of LLCs and stuff like that.”
Michael Girdley Nov 20, 2024 ▶ 18:16 How to start a Holding Company (full tutorial)
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