How to become a solopreneur (3 $1M+ startup ideas)

2120.744 - 2156.117 Greg Isenberg

Yeah, I mean, so the example I'll use is we set up an LLC for one of our businesses in the States. And it started making a bunch of money. And we didn't realize that we should have converted it to an escort. Which is another type of corporation. And that cost us hundreds of thousands, if not millions of dollars of taxes. And we would have set it up probably as an escort from the beginning.