Latest Blogs, Tools, And Resources for Solopreneurs
So You Want Your Spouse to Join Your Business?
So you want your spouse to join your solopreneur business? That could be awesome! Or it could totally suck. Before jumping into this life-altering arrangement, I have 7 things for you to keep in mind. You don’t want this grand idea to end up causing family problems. Listen to this episode of Solopreneur Money to...Onboarding Your Rock Stars
So you’ve hired one or more new team members. The process of hiring doesn’t stop there, though! It’s essential to take the time to help them understand how you and the rest of the team work before piling on responsibilities. There is an acclimation period and process to joining your band, and allowing for that...Building Your Band – Now What?
Learning to delegate parts of your business as a solopreneur can seem counterintuitive. However, without a great team, your business will not grow to its full potential. In this video, I will teach you 7 key steps to figuring out how to create your dream team–or “build your band”–with rock star members! Topics Discussed: How...Retirement Planning for Solopreneurs
Company-sponsored retirement plans are often people’s only vehicle used to save for retirement, so when they take the plunge into self-employment, retirement savings may fall by the wayside. Do you have a retirement plan? If you are shaking your head, you are not alone. When you are in the thick of running your own business,...How Much Could Tax Planning Save You?
If you’re unsure whether you need a financial team to help you save on taxes, watch this video! In it, you’ll learn how one of my clients saved about $80k on taxes by bringing his A-Team together to create a plan. With some basic principles and a top-notch financial team, you can figure out how...How an S-Corp Profits You and Your Business
A sole proprietorship is a great first step for a solopreneur. However, it’s important to know what you should do as you grow! Switching to an S-Corp can be a very lucrative next step for your business. In this video, I’ll be telling you why, as well as sharing some resources that will help you...Letting Go of Misaligned Clients
As a solopreneur, one of the greatest things about your job is that YOU are the boss. This means that it’s okay to choose your clients, pivot the direction of your business, and raise your fees. However, it can be challenging to do these things if you’re letting your clients rent space in your head...How Solopreneurs Should Charge For Their Services
Knowing how to price services properly is one of the most common issues solopreneurs face. In this video, I show you an easy way to figure out exactly what your prices should be, based on your profit, overhead, and payroll. You can watch this video and others on the Solopreneur Money YouTube channel. Resources &...5 Steps a Solopreneur Needs to Build a Better Business and Life
When you are a solopreneur, it can be easy to get stuck in a rut of constant work, work, work with no real progress or happiness. However, there are 5 easy steps to get out of this rut, achieve success, and find joy! In this video, I go over these five steps that will help...10 Budgeting Best Practices for Solopreneurs
In this video, Principal and Founder of Gabe Nelson Financial, Inc. shares the 10 best practices when it comes to budgeting for solopreneurs. Topics Discussed: What is the first step to budgeting? Is having a clear vision important when it comes to budgeting? Keeping separate personal and business accounts is a must. Should you raise...Making Your Cash Flow Work for Your Business
In this video, Principal and Founder of Gabe Nelson Financial, Inc. talks about cash flow for your business and how to make the most of it. Topics Discussed: Do you know how much it costs to run your business? Do you have a grip on what your expenses are? What 4 numbers you need to...Building an A-Team for Solopreneurs
Do you have an A-team built for your solopreneur business? An A-Team consists of an accountant, an attorney, and a financial advisor that will be there to help you and take care of your business. As your solopreneur business’s complexities begin to grow, your A-Team will help you through the necessary business processes every step...How a Growth Mindset Can Help Solopreneurs Succeed
When asking world-renowned leaders, entrepreneurs, or self-transformational coaches, “what is the key to success,” the one message they most have in common is that it can all be traced back to the mindset you carry. Having a growth mindset, meaning having an openness to change and new experiences is what sets you up for success....Transition from Employee to Solopreneur With Confidence
Going from employee to solopreneur isn’t a transition you should enter into lightly. Whether you’re eager to put in your resignation, worried about giving up a regular paycheck, or a little bit of both, chances are you haven’t considered everything you need to know to make a smooth transition. If you truly want to have...3 Smart Money Moves Solopreneurs Can Make Today
Solopreneurs by nature must wear many different hats when running their businesses. But just because you are an expert on the goods and services you deliver to your customers doesn’t mean you understand all the ins and outs of the financial side of things. If you are confused by the complexity of your monthly cash...Call to Action: Now is Your Time to Act
In this video, Gabe shares with you why now may be the ideal time to jump on your dream of becoming a solopreneur and the best ways to make that transition. Topics Discussed: Is now a good time to consider becoming a solopreneur? Is withdrawing money from your retirement fund a good idea? How...5 Steps to a Profitable Solo Business
When running a business as a solopreneur, chances are you have a passion for what you do, and you’re an expert in the products or services you offer. But if you want to run a successful business that provides you with an income that allows you to create a life of freedom, you have to...Paycheck Protection Program & Economic Injury Disaster Loan Updates | Solopreneur Money
In this video, Principal and Founder of Gabe Nelson Financial, Inc. gives updates on the Paycheck Protection Program (PPP) and shares with you a word of caution regarding the Economic Injury Disaster Loan (EIDL). Topics Discussed: PPP Flexibility Act – What 3 main things did it do? An EIDL loan – Should you take it?...Interview with Gene McNaughton
In this video, Gabe Nelson speaks with President of Growthsmart, Gene McNaughton, about his successful journey of entrepreneurship. Topics Discussed: What changed Gene’s life forever? How did Gene learn to do what he did? Can you earn financial freedom working for an employer? How can you financially prepare for an unexpected crisis such as COVID-19?...How to Build an Emergency Savings Fund When You’re Self-Employed
Watch Gabe’s video, Preparing for the Unexpected as a Solopreneur, where he talks about 4 ways solopreneurs can be better prepared in times of crisis. Or, if you prefer the written word, read the article below. You can see this video and others on his YouTube channel. As a self-employed professional, you do not have...Intro to Mutual Funds: What You Learned About Mutual Funds in High School
For many people, mutual funds serve as an introduction to investing. But many of my new clients and prospective clients have confessed that they’ve bought mutual funds without even having an introduction to what mutual funds actually are. In a nutshell, mutual funds enable you to purchase stocks, bonds, and other assets by pooling cash...CARES Act How to Survive Without a Paycheck for 3 Months
Watch Gabe’s video, How to Survive Without a Paycheck for 3 Months, where he talks about steps to save so you are prepared before a crisis hits. Topics Discussed: Do you have proper savings set aside? What are ways to prepare for an unexpected crisis? What are the steps to save? You can watch this...CARES Act EIDL for Solopreneurs
In this video, Principal and Founder of Gabe Nelson Financial, Inc. talks about the Economic Injury Disaster Loan (EIDL) and what options are available to solopreneurs during this time. Topics Discussed: Is there any money available? What options do solopreneurs have? What are the rules and criteria of the loan? You can watch this video...CARES Act Unemployment Benefit for Solopreneurs
In this video, CARES Act Unemployment Benefit for Solopreneurs, Gabe discusses what unemployment benefits are available for solopreneurs under the CARES Act. Topics Discussed: Apply to your state unemployment services Who qualifies? Extension to 39 weeks Increased money You can watch this video and others on the Gabe Nelson Financial YouTube...CARES Act Personal Benefits for Solopreneurs
Watch Gabe’s video, CARES Act Personal Benefits for Solopreneurs, where he talks about personal benefits for solopreneurs that have come about as a result of the CARES Act. Topics Discussed: Can you take a loan from your 401k if you need to? Retirement plan distributions. Charitable giving options Health Savings Accounts (HSA) Student Loans You...CARES Act Retirement Plan Options
In the video “CARES Act Retirement Plan Options,” Gabe talks about retirement plan options that have come about as a result of the CARES Act. Topics Discussed: How does the CARE Act affect your retirement plans? Can you take a loan from your 401k if you need to? Are there any penalties? You can watch...CARES Act Paycheck Protection Program for Solopreneurs
Watch Gabe’s video, CARES Act Paycheck Protection Program for Solopreneurs, where he talks about the Paycheck Protection Program (PPP), and what options solopreneurs have under this program. Topics Discussed: Are there still funds available? What options do you have? Advice for solopreneurs You can watch this video and others on the Gabe Nelson Financial YouTube...CARES Act Net Operating Loss Carryforward
In this video, Principal and Founder of Gabe Nelson Financial, Inc. talks about the CARES Act net operating loss carryforward that is available to solopreneurs. Topics Discussed: CARES Act and net operating loss carryforward for solopreneurs Where solopreneurs can get more information on how to save money on taxes You can watch this video and...CARES Act HSA Information
In this video, CARES Act HSA Information, Gabe talks about how your HSA may have been affected by the CARES Act. Topics Discussed: Are there any major changes to HSAs under the CARE Act? Do these changes affect solopreneurs? Will it be necessary to keep receipts? You can watch this video and others on the...CARES Act Deferred Payments of Social Security Taxes
Watch Gabe’s video, Deferred Payments of Social Security Taxes, where he talks about whether or not employers can defer payments of Social Security taxes at this time. Topics Discussed: Do employers have the ability to defer social security payments? What’s the percentage that employers can defer paying? How long can payments be deferred? You can...CARES Act Charitable Giving Changes
In this video, CARES Act Charitable Giving Changes, Gabe talks about what charitable giving changes were made due to the CARES Act. Topics Discussed: What charitable giving changes have occurred? Are there differences for solopreneurs? Are there cash contribution limits? You can watch this video and others on the Gabe Nelson Financial YouTube...CARES Act Business Interest Deductions
Watch Gabe’s video, CARES Act Business Interest Deductions, where he talks about how the CARES Act may benefit solopreneurs that are carrying debt in their businesses. Topics Discussed: Business interest deductions Do solopreneurs have the ability to deduct debt from taxes? Can the CARES Act benefit solopreneurs? You can watch this video and others on...CARES Act Business Benefits for Solopreneurs
In this video on the CARES Act, Gabe discusses the ways it can benefit solopreneurs. Topics Discussed: CARES Act EIDL loans Unemployment benefits. Do solopreneurs qualify? Economic stimulus payments Deferred payment of payroll taxes You can watch this video and others on the Gabe Nelson Financial YouTube...How to Handle Stock Market Volatility When Your Income Already Fluctuates
In Gabe’s latest video and article, he talks about how solopreneurs can weather the stock market volatility. Watch the video below, or scroll down for the article. There’s no question that we are in the midst of one of the most volatile times in the history of the stock market. Even if you’re not actively...7 Cybersecurity Tips to Protect Your Personal Data
Until recently, concerns about cybersecurity were largely limited to IT departments. But over the past decade, and especially in the past few years, public concern about cybersecurity is on the rise — and rightfully so. The vulnerability of our personal data is a legitimate cause for alarm and it’s something that needs to be taken...Tips for Managing Your Time
We all have the same 24 hours in a day and that time is our most valuable asset and precious resource. But if you’ve ever wondered why some people seem to get so much done while you scramble to fit it all in, you can rest assured that they don’t have a special superpower that...Introduction Video
In this video, Gabe Nelson shares with you why he began his firm, the drive behind his passion, and why you may benefit by subscribing to his podcast. Topics Discussed: ● Why did Gabe begin his firm? ● What is his passion? ● How can Gabe help you? ● Why should you subscribe to his...Topics of Expertise
- Business
- Cash Flow
- Debt
- Savings
- Education
- Risk Management
- Taxes
- Estate
- Investments
- Retirement Planning
