In part 4 of our 7 Actions Items for Aspiring Gen-X-Preneur' series, Greg delves into the importance of securing necessary licenses and permits for your business. Sharing a personal story about renewing his driver's license, he illustrates how reaching your goals often involves unexpected steps and planning ahead. Greg offers practical advice on researching local requirements, determining the types of licenses and permits you need, and understanding the consequences of non-compliance. Tune in to learn how to navigate the legal landscape, maintain compliance, and keep pushing toward your entrepreneurial goals with clarity and confidence.

In this episode, Greg shares a relatable story about encountering unexpected detours on the way to work, drawing parallels to the challenges faced when pursuing entrepreneurial goals. He emphasizes the importance of staying focused and pushing forward, even when the path isn't clear. Greg then dives into the third action item for aspiring Gen-X-Preneurs: how to apply for an Employer Identification Number (EIN). He breaks down the steps, benefits, and common uses of an EIN, providing practical advice to help you establish a solid foundation for your business. Tune in to learn how to keep your hands on the wheel, plan your route, and stay the course on your entrepreneurial journey.

In this episode, Greg veers from his 7-part series to address listener feedback and share some invaluable wisdom. He begins by discussing 15 key realizations that every aspiring entrepreneur should embrace, covering topics like personal responsibility, the power of action, and the importance of surrounding yourself with the right people. Greg then dives deeper into the differences between LLCs and S-Corps, offering friendly (non-expert, non-legal) advice on ownership structures, taxation, management, and more. Whether you're just starting out or looking to solidify your business foundation, this episode is packed with insights to help you build something that lasts.