Thinking about starting a business in 2025? Whether you're launching a side hustle, creative brand, or full-on company — this video breaks down what you need to know before you take the leap.
In this episode of The Financial Dad, I sit down with my dad (a Certified Financial Planner with 30+ years of experience) to talk through the financial foundation every new entrepreneur should have. We cover startup costs, business structure, tax basics, and how to avoid the biggest mistakes people make when launching.
If you're a creative, freelancer, or self-employed dreamer — this one’s for you.
🚀 What we cover:
What to do before you start a business
How to estimate your startup costs (like insurance if needed!)
Why a business plan is (still!) an important step
Funding options & understanding business taxes
What no one tells you about running your own business
Why a brand matters (this is what your customers interact with!)
0:00 Intro
0:25 Skip the Intro / Start Here
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💬 Thinking of starting a business? Drop your idea in the comments!
👍 Like + share if this helped you feel more prepared to launch
📢 Disclaimer:
The information in this video is for educational and informational purposes only. It is not intended as financial, legal, or tax advice. Please consult with a qualified financial advisor, accountant, or legal professional who understands your specific situation before making any business decisions.
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The Financial Dad™ is a podcast for creatives, freelancers and entrepreneurs to help young self-employeds figure out their finances in a world built for employees, not entrepreneurs—from quarterly taxes to W9s to retirement plans to insurance and saving—we’ve got you covered.
Hosted by:
Tim Smith, CFP®, Bridget Sicsko (PR Strategist) + Hally Smith (Actress)

*This is strictly for educational purposes and does not suffice as advice.*

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