What's Kenner French Thinking!

Thomas Copeland, a web design expert, about the importance of websites for small businesses. They discuss the need for regular updates to websites to improve search engine rankings and user experience. He emphasizes the value of owning your website and traffic, rather than relying solely on social media platforms. He also highlights the role of AI in website design and the need for human interacti...

The conversation discusses how small business owners can use AI to benefit their businesses. The main recommendations include spending at least one hour a day on AI, starting a meetup to discuss AI with others in the industry, and attending AI conferences to network and learn. The conversation also suggests using AI tools like chatbots to enhance customer interactions and decision-making processes...

Kenner French discusses five tax hacks for entrepreneurs that can save them money and increase their net worth. The hacks include installing a defined benefit plan, utilizing installment sales, implementing captive insurance, leveraging IRS code 1202, and taking advantage of R&D tax credits. Kenner emphasizes the importance of consulting with an advisor who is knowledgeable about these strateg...

Liz, an experienced bookkeeper, discusses the importance of accounting and bookkeeping for small business owners. She shares her expertise in various areas of accounting, including payroll and trust accounting. Liz also talks about her experience writing a book on accounting with a focus on AI. She emphasizes the value of having clean and accurate books for business owners, as it helps with tax re...

Bryan Hickman, a commercial real estate expert, discusses the opportunities and strategies for Canadian investors looking to buy commercial properties in the United States. He highlights the benefits of borrowing in US dollars to hedge against exchange rate risk and maximize returns. He also emphasizes the potential of investing in senior housing, citing the growing demand and favorable market dyn...

In this conversation, Kenner French interviews Rob Flick, a successful entrepreneur and real estate expert. Rob shares his background, including his time at the Naval Academy and his entry into the real estate industry. He discusses the importance of team building and the power of collaboration. Rob also emphasizes the need for a mentor and the value of finding someone who has achieved what you as...

Kenner compares two large language models, Claude and ChatGPT, and discusses their value for small business owners. It explores factors such as cost, versatility, prompt window size, language support, and output quality. He also mentions other players in the market, such as Gemini and AWS. The importance of staying updated on AI and large language models is emphasized, as well as the need for busi...

R. Kenner French and Lily Falconer discuss the importance of tax planning for entrepreneurs. They emphasize the need to prepare for taxes in advance to lower tax liability and avoid last-minute scrambling. They highlight the benefits of working with a tax professional and planning throughout the year to minimize tax liability. The conversation concludes with the advice to look forward and project...

Millionaire maker Loral Langemeier shares insights on wealth building, financial habits, risk management, passive income, mindset, mentorship, entrepreneurship, and wealth management. She emphasizes the importance of living a corporate life, making and investing money, and the need for accurate knowledge and application. She also warns about ripoff accounts and the impact of AI on financial decisi...

Kenner French interviews Nick May, the creator of Evolve My Retirement, a financial planning software. Nick shares his background in IT and financial services and how he developed the idea for Evolve My Retirement. He explains the features and functionality of the software, including optimization algorithms and Monte Carlo simulations. Nick also discusses the challenges of marketing the software a...

Braden Greer went from being a scientist to a pastor to a successful real estate agent. He attributes his success to his service mindset and his commitment to doing what he says he'll do. He believes in serving his clients and helping them achieve their goals, which has earned him their trust and loyalty. He also emphasizes the importance of sticking to it and never giving up, even in tough t...

The future of AI is a topic of discussion in this soliloquy by Kenner French. He emphasizes the importance of being on the right side of AI and becoming a leader in the industry. The ethical components of AI are also highlighted, with the need for leaders to shape the future of AI in an ethical manner. Those who do not adopt AI may be left behind and potentially replaced by artificial intelligence...

Taxes are a significant expense for entrepreneurs, and it is important to spend time on mitigating or lowering taxes. Spending time with a tax professional or learning about taxes can make a huge difference. Lowering taxes can result in a bigger portfolio and higher rate of return. It is essential to pay attention to taxes on an ongoing basis and not overpay. Meeting with a tax professional can he...

R. Kenner French interviews Jackie Clark, a bookkeeper and author of a guidebook on operating a modern bookkeeping business. They discuss the benefits of bookkeeping, the use of AI in bookkeeping, and the importance of keeping accurate records for tax purposes. They also touch on the issue of commingling personal and business expenses and the potential consequences. Jackie shares insights on how t...

Burak Berilgen, a seasoned banker with over 25 years of experience in commercial real estate loan origination. Discuss the differences between commercial and residential property loan origination, the challenges and barriers in commercial property loan origination, and the advantages of working with experienced loan officers. He also talks about the slow adoption of technology in the industry and...

JCron, the founder of Kajabi, shares his entrepreneurial journey and insights into the creator economy. He discusses the growth of Kajabi and the impact of trends like the shift to digital education. JCron also talks about the importance of community and authenticity in building a successful business. He shares lessons learned from his own experiences, including handling transitions and overcoming...

AI expert Kai Fu Lee predicts that by 2027, 50% of people who are currently employed will be out of jobs due to AI. This prediction aligns with a government report that estimated 49% of people would be out of jobs by 2050. The rapid pace of AI development suggests that the government report may be too conservative. To stay ahead, entrepreneurs should stay informed about AI, attend local meetups an...

R. Kenner French discusses the importance of understanding and optimizing taxes as an entrepreneur. He emphasizes that taxes are one of the biggest expenses for entrepreneurs and suggests spending time on mitigating or lowering taxes. He encourages entrepreneurs to work with tax professionals and learn about taxes to make a significant difference in their financial situation. He highlights the ben...

Bob Bluhm, an asset protection attorney, discusses the importance of asset protection and estate planning for solopreneurs and real estate investors. He explains that asset protection involves structuring entities such as limited partnerships, limited liability companies, and corporations to keep assets private and out of reach from potential creditors. Estate planning aims to protect against prob...

Captive insurance companies, specifically the 831(b) micro-captive, have emerged as a potent tool for business owners and entrepreneurs seeking to protect their assets and lower taxes. Through these specialized insurance companies, business owners can gain a myriad of benefits, including customized coverage and enhanced risk management. This article delves into the history of 831(b) captives, thei...

Island time or sleepless nights? Patrick Fuchs, the entrepreneur who sold his business, is here to tell all! Thinking of building a business to flip? We're breaking down the realities of exit strategies - beyond the fancy headlines. Was it financial freedom or a new set of challenges? Patrick spills the tea on the post-sale hustle (or lack thereof!), the unexpected roadblocks, and the lessons...

Entrepreneurs looking to up their financial game, rejoice! AI is here to help! * AI takes the wheel on financial analysis!* University of Chicago study reveals AI outperforms humans in predicting financial reports. This means easier access to analysis for everyone – with a simple push of a button, you can get in-depth insights into your finances! This is a game-changer, making financial knowledge...

Thinking about buying property in the US but you live in Canada? Taxes can get tricky! Don't let taxes turn your US property dream into a nightmare! This chat will break down everything Canadians need to know about buying US real estate, including costs, navigating complex tax implications, and why a tax pro can save you big.

Katie Klinkenberg, a marketing consultant with 25 years of experience, discusses the importance of customer loyalty and satisfaction. She emphasizes the need for businesses to focus on retaining existing customers, as it is more cost-effective than acquiring new ones. Katie suggests using surveys to gather customer feedback and understanding the customer journey to improve the overall experience....

Kenner interviews Harvey Goldberg, an experienced professional in commercial property loan financing. They discuss various topics related to commercial finance, including the role of technology, changes in the industry, entering the commercial loan space, adding value to clients, the importance of experience, and the right time to invest in commercial properties. Harvey emphasizes the need for exp...