TOP 5 THINGS every new entrepreneur MUST KNOW to make money

Поделиться
HTML-код
  • Опубликовано: 19 окт 2024
  • New to youtube. Subscribe here: www.youtube.co...
    Follow on Instagram for more business tips: / princedonnell
    What's up y'all. It's Prince Donnell. Founder of Jumping Jack Tax Franchise and Jack Life Insurance Agency. With a growing financial services company, I love to share tips and information I've learned over the years to push my company over the $1 Million Dollar Mark.
    Drop any business finance, marketing, leadership or other entrepreneur questions in the comments.
    Need your taxes done? Call our flagship office in Philadelphian (267)792-0186 or go to our website www.jumpingjack...
    You can also download our mobile app Jumping Jack Tax on Apple & Google Play to find virtual tax, insurance or bookkeeping professionals.

Комментарии • 214

  • @sarahcrill7670
    @sarahcrill7670 3 года назад +13

    The heart, honesty, and inspiration I feel from this video is insane!! Thank you for existing and sharing with us!

  • @richlewandowski9204
    @richlewandowski9204 3 года назад +15

    #4 stuck with me... I always thought building business credit was what you did from the beginning but after watching this video I have a new way of thinking when I hit the ground running my business. Thanks!

  • @yallen2010
    @yallen2010 3 года назад +9

    I just recently found your page because I started my juice business and I just wanted to say thank you so much. Your content has been really helpful and you are doing a great job. You get straight to the point and provide really clear explanations

  • @chandlerscott6477
    @chandlerscott6477 3 года назад +3

    I love how he has speaker mistakes in some of his videos, but continues to push forward with the information and doesn't let it hinder his performance. This gives me more confidence as a new entrepreneur who can be scatter brain sometimes! Love watching these videos, very helpful.

  • @unclefreddyb79
    @unclefreddyb79 3 года назад +3

    I've had my company for 3.5 years now, but STILL- this information is so helpful. Thank you for your content.

  • @Emily-ok5sh
    @Emily-ok5sh 3 года назад +2

    Awesome just applied for the LLC, and had to subscribe......knowledge is power

  • @Mazon717
    @Mazon717 3 года назад +72

    Dawg I came here for beard advice 😂

  • @shaniquabrown8245
    @shaniquabrown8245 3 года назад +8

    I was just watching another video on the sage info and I was so lost and annoyed ! I’m really happy I found your page you broke it down so easy and simple !! I took notes like I’m in school lol

  • @almighty_rza8085
    @almighty_rza8085 3 года назад +2

    I'm only 4:46 into this video and already feeling like I NEED this...Thank U brotha

  • @robertathornton2316
    @robertathornton2316 3 года назад +13

    Don for the people bless you king ✊🏿🙏🏿

    • @PrinceDonnell
      @PrinceDonnell  3 года назад +1

      Thank you brother! Appreciate the support!

  • @noraventresca3921
    @noraventresca3921 3 года назад +6

    I love the way you explain things! I am helping my niece, a single mom, hispanic woman, start her business. Your explanations are very helpful.

  • @biancawoods5421
    @biancawoods5421 3 года назад +3

    New Subbie!!! Your share very clear, and valuable information. Thanks ❤

  • @caroldanvers265
    @caroldanvers265 3 года назад +1

    Just found this channel. Lots of golden nuggets of business knowledge. Blessings to you Mr. Donnell!

  • @TheBeardedKeith
    @TheBeardedKeith 3 года назад +7

    Man. I needed these words today. I appreciate your advice and energy.

  • @Vontaejack
    @Vontaejack 3 года назад +11

    Thank you for giving us the game king IM 20 and I know I can build wealth because of brothers like you 💯💪🏽👑

    • @PrinceDonnell
      @PrinceDonnell  3 года назад +3

      Appreciate the support!

    • @Vontaejack
      @Vontaejack 3 года назад

      @@PrinceDonnell me and my queen want to get a jumping jacks going ! It’s a goal so well be in touch eventually. Just trying to inspire like you 💪🏽

  • @tonireed5
    @tonireed5 3 года назад +11

    Outstanding content as usual King! God Bless...

  • @carlwashington9658
    @carlwashington9658 3 года назад +2

    I definitely fell into the trap of over using credit. I'm paying for it dearly years later. Just another lessoned learned. Thanks for all the gems Prince Donnell!

  • @TeflonKoron
    @TeflonKoron 3 года назад +21

    Such a blessing, this man.

    • @PrinceDonnell
      @PrinceDonnell  3 года назад +2

      Thank you! Means a lot. Please share with a friend.

  • @JordanGaspari
    @JordanGaspari 3 года назад +6

    Droppin' gems all day! You got me motivated to absolutely crush it this weekend! Thanks man.

  • @GyWO10
    @GyWO10 3 года назад +2

    I greatly appreciate your sound business advice. I’m new to this game and like your real talk to debunk myths such as LLCs mean something. Will certainly watch this vid a few more times to gain knowledge as I just started my side hustle/ biz.

  • @Clean-N-ShineInDfw
    @Clean-N-ShineInDfw 3 года назад +5

    I listen to all the content that started on Facebook then following ig and to RUclips channel. Thank you for all the knowledge you feed us. 🖊📓

  • @theculturewealth3858
    @theculturewealth3858 3 года назад +3

    Solid advice 💪🏽 almost 2 years in and these tips would have helped before getting started. Keep droppin’ 💎

  • @MzCynt08
    @MzCynt08 3 года назад +1

    I want to start an LLC but I'm preparing myself with the right knowledge. Thanks Donnell!
    Also I shared your video of the 5 type of acct w/my friend who just started an LLC as a side hustle. Entire video of invaluable content. God bless you.

  • @renreeder7802
    @renreeder7802 3 года назад +1

    Great advice! Thinking about going full time entrepreneurship...part time is tough. Appreciate the words!

  • @UNBOUNDCHRONICLES400
    @UNBOUNDCHRONICLES400 3 года назад +4

    This was so helpful thank you. Being a new entrepreneur myself you definitely gave me something to think about.

  • @tranquilityhub9523
    @tranquilityhub9523 3 года назад +2

    I am soo grateful for brothas' like this!!! Absolute Financial Gems being dropped on his channel. I have definitely subscribed. These are the things that are not apart of the general educational curriculum. Keep up the great work. Many blessings to you and your Family for offering this valuable content 🙏👏👏👏!!!

  • @TastieKake1
    @TastieKake1 3 года назад +9

    New entrepreneur here. Thanks for this info!

    • @PrinceDonnell
      @PrinceDonnell  3 года назад

      Glad it was helpful. Share with a friend.

  • @jesham7627
    @jesham7627 3 года назад +4

    Thanks for the great and direct info. Are you able to create a video or two on what an LLC as an holding company can hold how they assets are federally taxed? Also, the same for an S-Corp? Thank you kindly.

  • @king82rc36
    @king82rc36 3 года назад +1

    Watching your videos with my eBay sale notifications going off equals motivation🤑

  • @ModernInvestingPodcast
    @ModernInvestingPodcast 3 года назад +5

    Great content brother! Love what you're doing for the current and upcoming entrepreneur's! Additionally for those needing conformation, Donnell is absolutely accurate. Best investment you can make is in yourself, Cheers!

  • @loneswandon651
    @loneswandon651 3 года назад +2

    2:24 that's EXACTLY where I am at right now. "If you get $1M in revenue how much are you keeping in your personal bank account?"
    lol, 13:10

  • @ruelcruz3452
    @ruelcruz3452 3 года назад +1

    Appreciate the gems. Especially i am 100% on #5 at this point that i keeping building a long term business. Thank you Don

  • @yaharalaviajera
    @yaharalaviajera 3 года назад +1

    That burp lol 😆
    Love your videos, learning a lot from you. Thank you 😊

  • @vanessameyer1506
    @vanessameyer1506 3 года назад +1

    I'm really enjoying your content! Thank you so much!

  • @donnygramling
    @donnygramling 3 года назад +1

    You mentioned financial software to run your business. I would love to see a video on which financial software you use. I have 3 sources of income: Pastor, Entertainer, and Behavioral Therapist. Do I need three separate accounts separate from my personal account? Thanks, Donny I lack business and secretarial skills. I agree with your philosophy. No get rich quick schemes. Thank you.

  • @robinmonk304
    @robinmonk304 3 года назад +1

    Thank you for keeping us on track and to not take short cuts.

  • @jessdoit7189
    @jessdoit7189 3 года назад

    Please tell me why your tiktok pop up on my fyp last night about if you broke in my house....now this video pops up on my YT feed and now i have a name to tue face. Nice to know there is so much more to you. On tiktok I thought you were just another pretty face and you knew it. I thought you were one of "those guys" that were just online to capitalize off their looks and were really arrogant. But you are absolutely brilliant. I am following you now on both platforms. I love your intensity and passion and you are preaching my philosophies! Keep it up!

  • @fatboicjfilms
    @fatboicjfilms 3 года назад +1

    Thanks for all the free knowledge you give us really appreciate bro 🤞🏿💯

  • @ladysilver52
    @ladysilver52 3 года назад +2

    Thank you for all of your tax information you've taught me a lot I needed everything you've offered I am very new in business and was told to do LLC but you've now given me options as to how to advertise my business.

  • @percylekoba8419
    @percylekoba8419 3 года назад +2

    Great advice. You are nailing it all the time.

  • @holinessfirst
    @holinessfirst 3 года назад +1

    God bless you bro. Thanks for the info. I'm down here outside of Dallas, but being from the 215 it's easy to recognize that Philly swag when I see and hear it ('boss/wish you would voice' and the beard). I'm gonna tell my man Darryn about you. I'm sure he can use the tax advice.

  • @brentbest7916
    @brentbest7916 3 года назад +8

    Started a web development business! Thank you for the info

    • @PrinceDonnell
      @PrinceDonnell  3 года назад +2

      You're very welcome! Share with a friend.

    • @jrowe001
      @jrowe001 3 года назад +1

      ...as in, we can come to you if we want to create a website? I am interested

    • @meeka59
      @meeka59 3 года назад

      Do you charge an ongoing website service fee or one time fee to create a website?

  • @ndnalley
    @ndnalley 3 года назад +1

    Thank you for sharing this information and being honest about how to make the entrepreneur life work. The gems you provide are one of a kind. Glad to see someone in my generation who is a positive knowledgeable businessman. Peace and love to you.

  • @alyxpriestley2112
    @alyxpriestley2112 3 года назад +1

    Absolutely loving consuming your content. I’m incredibly happy I found your channel.
    Would love to invest in you so jump on patreon if you haven’t already!
    The indistinct chatter is a touch distracting but other than that, everything is 🔥 please keep going!

  • @petemercado9458
    @petemercado9458 3 года назад

    12:52 burb 😂 great info👍 I love how you keep it real I just subbed to your channel.

  • @UPDownCOUPLE
    @UPDownCOUPLE 2 года назад

    thank you so much I'm just starting off I definitely do need this ty so much

  • @Ready4WhatEver202
    @Ready4WhatEver202 3 года назад

    My Name Is Coop... I'm New 2 The Game Bruh and I Just Wanted 2 Personally Thank You 4 Breaking Stuff Down Like A Fraction!!! I'm Tryna 2 Learn More Long Term Techniques and Skills 2 Get Outta This Daily Ground Hog/ Rat Race... Thank You. 1,000 Round Salute!!!✌

  • @usaallstar1068
    @usaallstar1068 3 года назад +4

    LLC allows a person to apply for an EIN which would enable a person to apply for business credit and other options; therefore, there a few benefits to applying for an LLC.

  • @SteezoENT
    @SteezoENT 3 года назад +1

    Was waiting for the channel, was not interested in business but just love y’all family unit.

  • @angelicac92
    @angelicac92 3 года назад +2

    Your videos are so helpful and inspiring! Thank you for sharing your knowledge

  • @Vintage1955
    @Vintage1955 3 года назад +2

    Thanks for the video! I have one question. Do you recommend having bookkeeping software and hiring a cpa?

  • @n2resiliency
    @n2resiliency 3 года назад +1

    New subbie!
    We have the same values when it comes to building the foundation as an entrepreneur.

  • @cassidyboutte318
    @cassidyboutte318 3 года назад +1

    Thanks Donnell, your info is extremely helpful. You’re helping to build Business Beasts!

  • @Channahisrael1027
    @Channahisrael1027 3 года назад +5

    Thank you for the gems!!!! It means alot, so instead of going to buy stuff for my new business I'm going to pause and take the neccessary time to evaluate my business from back to front. Thanks man!!

  • @xfesto5734
    @xfesto5734 3 года назад +1

    Man thank you - for keeping it a buck! I’m in no rush. God keeps telling me to slow up

  • @QueenCityBullys
    @QueenCityBullys 3 года назад +3

    Thanks for the info

  • @rosegoald
    @rosegoald 3 года назад +1

    I needed this video, thank you. Very valuable information

  • @nikkicates9318
    @nikkicates9318 3 года назад +1

    Simple and relevant. Thank you for sharing much needed knowledge.

  • @towannsmith5872
    @towannsmith5872 3 года назад +1

    Great job brother!! Love your content!!! Much appreciated!!

  • @kodcx9654
    @kodcx9654 3 года назад +3

    Can you share how one would be able to determine if a perspective bookkeeper rates are fair? Is there some sort of industry standard range? In other words, what’s a good way to determine if bookkeeper A rates are high/low relative to bookkeeper B (realizing that their rates doesn’t necessarily reflect their value).

  • @winningwithgeorge7298
    @winningwithgeorge7298 3 года назад +2

    Great video, young king. Lots of nuggets shared in this video. I am a previous franchise business owner.

  • @tgentertainmentllc2520
    @tgentertainmentllc2520 3 года назад +1

    Yes u are right 8 years and still growing

  • @miketakeflight5550
    @miketakeflight5550 3 года назад

    Blessings Prince D I appreciate All of The Value🔥🔥🔥🔥🔥🔥🔥🔥🔥!!!

  • @yaboii2icy96
    @yaboii2icy96 2 года назад

    I’m opening my own gym business and would like advice or where to look to for consider for loans? I don’t have horrible credit but don’t have the best and I’m in the proceeds of opening a business credit.

  • @marct7234
    @marct7234 3 года назад +1

    Thanks for the business credit insight. And knowledge.

  • @j_dlos
    @j_dlos 3 года назад

    damn everything was going great, your good man but as soon as you started using race it Fu&^ed it all up for me, good luck with your business and thanks for all your great advice.

  • @tiffanymarie8525
    @tiffanymarie8525 3 года назад +1

    What does it mean to locking in trademark for your business? And is this something as new business owner should I be concerned about?

  • @techkadreclub4940
    @techkadreclub4940 3 года назад

    Real good information brotha. Light! Thank you

  • @bigeexclusive3239
    @bigeexclusive3239 3 года назад +1

    How do I found out how much I pay quarterly when it comes to taxes and business insurance?

  • @Caleb-Numbers14-24
    @Caleb-Numbers14-24 3 года назад +1

    Thanks Prince! Another great video.

  • @javierjohnson9862
    @javierjohnson9862 3 года назад +4

    Appreciate it Don, Helps alot💯

    • @PrinceDonnell
      @PrinceDonnell  3 года назад

      You're welcome! Please share with a friend.

    • @chesterv42
      @chesterv42 3 года назад +1

      @@PrinceDonnell can you do a video in relation to holding companies? When to form one, the purpose and how to use one? What tax advantages they have and how to use them to grow or contribute to operating llcs?

  • @donnybravo6205
    @donnybravo6205 3 года назад

    Bro was real from the jump. But that burp at 12:51 certified it.

  • @therealbacaboo
    @therealbacaboo 3 года назад

    Subscribed. Dope video. Seriously. So glad I found you. 🎶 P is for the city 🎶 ✊🤑💯❤️

  • @devengettingdoe2068
    @devengettingdoe2068 3 года назад +1

    I appreciate this knowledge you give us 👌

  • @Coronaboii88
    @Coronaboii88 3 года назад

    Appreciate the gems fam! Subbed!

  • @ariadeshotel2748
    @ariadeshotel2748 3 года назад

    Suuuper useful - love the break down!!

  • @aanyahharris7401
    @aanyahharris7401 3 года назад

    Pleaasseee talk about step #1!!! What’s the plan? I have this amazing idea, Now what?

  • @imperialconsultantagency8203
    @imperialconsultantagency8203 3 года назад

    Thank you for making sense.

  • @cristian2gr8
    @cristian2gr8 3 года назад +1

    Thank you for the knowledge!

    • @PrinceDonnell
      @PrinceDonnell  3 года назад

      My pleasure! Please share with a friend.

  • @ralexanderjones2356
    @ralexanderjones2356 3 года назад

    Awesome video. Thank you. You can teach an old dog new tricks!

  • @marvinlloyd4346
    @marvinlloyd4346 3 года назад

    Such good information I’m glad I found this channel

  • @lorgiaharry6711
    @lorgiaharry6711 3 года назад

    Great information,Thank you!!

  • @yayaawil2874
    @yayaawil2874 3 года назад

    Bless you king 👑

  • @DJFULARA
    @DJFULARA 3 года назад

    All facts. Thank you man!

  • @corneliuslathan3038
    @corneliuslathan3038 3 года назад +2

    Keep it coming bro

    • @PrinceDonnell
      @PrinceDonnell  3 года назад

      I will. Thanks. Share with a friend.

  • @MissyTatie
    @MissyTatie 3 года назад

    Wow dropping gems!

  • @martinwoods6716
    @martinwoods6716 3 года назад

    I have a service business. What is the best way to pay yourself when your business work receives payments from companies that pay on a yield system..???
    ( i.e. 14 / 30 / 45 day yield for payment )

  • @dominiquedominiquepresents3291
    @dominiquedominiquepresents3291 3 года назад

    Thanks for sharing this great content 💎

  • @janeeseaustin3035
    @janeeseaustin3035 3 года назад

    Thank you. This was so helpful!

  • @Ike_Belton
    @Ike_Belton 3 года назад +1

    Great message. Thank you 😊

    • @PrinceDonnell
      @PrinceDonnell  3 года назад

      You’re very welcome! Share with a friend.

    • @Ike_Belton
      @Ike_Belton 3 года назад

      @@PrinceDonnell I have. Saw your video on 'purpose' on a friend's Instagram story. 🙌🏾 Your videos are priceless. Thank you

  • @travionbarbee4750
    @travionbarbee4750 3 года назад +2

    Practical advice for marketing a start up service business.

    • @PrinceDonnell
      @PrinceDonnell  3 года назад +3

      Got you! I'll drop some heat on marketing!

    • @travionbarbee4750
      @travionbarbee4750 3 года назад

      @@PrinceDonnell Thanks I follow you on IG as well I’ll definitely be tuned in. 💪🏾💪🏾💯

  • @tomalleeson6905
    @tomalleeson6905 3 года назад

    Excellent. Thank you!

  • @lovealwaystiffany3436
    @lovealwaystiffany3436 3 года назад +1

    Great great info!! Thanks!!

  • @xfesto5734
    @xfesto5734 3 года назад

    Ahh yes the laptop & new camera

  • @tammi67able
    @tammi67able 3 года назад

    Excellent advice!

  • @reecesaga
    @reecesaga 3 года назад

    Where can I hear the full Jumping Tax song?

  • @thelifewelead6028
    @thelifewelead6028 3 года назад

    Bro, your eyes are DOPE !

  • @delva299
    @delva299 3 года назад

    Great advice 🤝🏾

  • @rinag797
    @rinag797 3 года назад

    Thanks soo much for this info!!! 💎💎💎💎💎

    • @PrinceDonnell
      @PrinceDonnell  3 года назад

      You are so welcome! Thanks for watching and please share with a friend.

  • @michaelsmith7258
    @michaelsmith7258 2 года назад

    Do you believe age is a factor for someone who is wanting to become an entrepreneur?