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HBO and The Ringer's Bill Simmons hosts the most downloaded sports podcast of all time, with a rotating crew of celebrities, athletes, and media staples, as well as mainstays like Cousin Sal, Joe House, and a slew of other friends and family members who always happen to be suspiciously available.
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Most entrepreneurs treat taxes like a once-a-year chore.
But in Episode GU 262, Patrick Lonergan shares why tax strategy is a daily business decision.
From dropping out of law school to running multiple seven-figure businesses, Patrick has mastered the art of building wealth while legally slashing tax bills. This episode is packed with surprising, actionable insights—like why bookkeeping is the best investment you’re not making, and how moving money from your “right pocket to left pocket” can save you thousands.
We also explore legacy, family, and freedom—because as Patrick says,
“The whole goal is to build wealth… so we can live an optimized life.”
🎧 Don’t miss this game-changing financial episode.
TIMESTAMP :
00:00 INTRO
02:42 How did you start your entrepreneurial journey?
05:05 Do we need to decide this on the business model, or what should we start?
07:02 What would you suggest on tax and expenses mindset?
09:55 Do most people use software or manual bookkeeping?
13:11 When should they contact for tax strategy?
16:13 How is your holistic approach different from the traditional adviser?
18:57 Tax burden that most business owners overlook
28:04 How to shift to investor/portfolio model mode?
34:56 One peace of advise to build wealth and legacy
37:28 Where to follow or work with Patrick
More episodes like this: https://www.getunstuckmethod.com
Subscribe to our newsletter: https://getunstuck.beehiiv.com/subscribe
Follow Patrick https://vitalstrategies.com/
#TaxStrategy #EntrepreneurFinance #GetUnstuckPodcast #PatrickLonergan #CashFlowMatters #WealthBuilding #BusinessTaxTips #FinancialFreedom #LegacyPlanning #REACHFramework #PayLessTax #BookkeepingMatters
261 episodes
