Stop Surviving, Start Scaling: Byron Wolfe on Beating the IRS and Owning Your Wealth

In episode 45 of Elevate with Elsner, Blake Elsner interviews Byron Wolfe, Co-founder and CEO of CFOAF, a bold financial advisory firm that helps business owners stop overpaying the IRS, scale their businesses, and build real wealth. He discusses the common pitfalls business owners face, such as being overwhelmed and underprepared for taxes. He also explains how to shift from a defensive to an offensive mindset when it comes to finances.

Tune in for valuable insights that can transform your financial approach and set you on the path to success.

TIMESTAMPS

[00:02:37] Business burnout and exit strategy.

[00:06:19] Business owners' struggle with focus.

[00:10:35] Delegation in seasonal businesses.

[00:12:01] Off-season strategies for landscapers.

[00:15:49] Off-season financial strategies.

[00:19:01] Entity structure and tax strategy.

[00:21:19] Tax strategy for real estate.

[00:25:43] Tax strategy for W-2 earners.

[00:30:05] Tax strategy vs. tax filing.

[00:32:04] Premium versus cheap services.

[00:36:26] High expectations in hiring.

[00:39:18] Free tax analysis benefits.

[00:41:57] Podcast subscription and reviews.

QUOTES

•  "You can sit on the sideline and you can pout about the rich taking advantage of all these tax credits while you keep paying money like an idiot, or you can get off the sidelines and take advantage of the same thing these rich cronies are taking advantage of to get your taxes down to zero." -Byron Wolfe
•  "I'd rather deliver a supreme value to my clients that they understand that this is 100% worth it." -Byron Wolfe
• "If you believe in your product, your service, sales are going to come." -Byron Wolfe

SOCIAL MEDIA LINKS

Blake Elsner

Instagram: https://www.instagram.com/bpelsner/

Facebook: https://www.facebook.com/blake.elsner/

LinkedIn: https://www.linkedin.com/in/blake-elsner-a04396b5/

Byron Wolfe:

Instagram: https://www.instagram.com/the_cfoaf/  

WEBSITES

Book a Call

https://linktr.ee/ElevateWithElsner

Elevate with Elsner Podcast: https://elevatewithelsnerpodcast.com/

Elsner Real Estate: https://www.bradagent.com/

CFOAF: https://www.cfoaf.com/