
7+ Lessons from 7 Years: Entrepreneurship, Taxes & Building a Business
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Happy 7th Anniversary to Brooklyn Fi! 🎉 In this special episode of The Liquidity Event, Shane Mason & AJ Ayers reflect on the seven biggest lessons they've learned running a financial planning firm for seven years (though they might have come up with more than seven!).
From the surprising rewards (and demands) of entrepreneurship to navigating hiring challenges, managing relationships, and the power of 'disagree and commit,' they share candid insights for anyone running or thinking about starting a business.
Plus, they tackle a listener's question about handling an unexpected, large tax bill when income is lumpy – learn about IRS installment plans and other options.
⏱️ Timestamps:
00:00 - Intro, Happy Tax Day & Shane's Stained Shirt
02:48 - Listener Voicemail: Handling a Surprise Tax Bill
05:11 - Brooklyn FI's 7th Anniversary: Intro to 7 Lessons in 7 Years
07:37 - Lesson: The Uncapped Reward of Entrepreneurial Hard Work (Shane)
11:28 - Lesson: Burn the Candle in Your 20s (Shane)
17:26 - Lesson: Entrepreneurship as a Creative Act (Shane)
20:03 - Lesson: Work on Relationships (Coworkers, Employees, Vendors) (Shane)
21:19 - Lesson: Why Hiring Your First Employees is So Hard (AJ)
23:05 - Lesson: The Power of 'Disagree and Commit' (AJ)
24:42 - Lesson: Steal Like an Artist (Borrowing Ideas) (Shane)
28:45 - Final Thoughts & Would They Do It Again?
🔔 Subscribe to The Liquidity Event on YouTube: YouTube Channel
🌐 Learn more about Brooklyn FI financial planning: brooklynfi.com
✍️ Leave us a voicemail question for a future episode:memo.fm/theliquidityevent
📱 Follow Brooklyn FI:
LinkedIn: https://www.linkedin.com/company/brooklyn-fi/
Instagram: https://www.instagram.com/brooklyn_f.i/