Joe FierHead of Builds, Delphi · Scaling expert knowledge with AI

Why Taxes Are the Gray Rhino Every Business Owner Fears

Name: Why Taxes Are the Gray Rhino Every Business Owner Fears
Uploaded: 2024-11-20T18:59:28+00:00
Duration: 41 s
Channel: Joe Fier
Description: A short spoken presentation (YouTube) by Joe Fier arguing that taxes are a predictable and significant threat to business owners. The speaker uses a…

20 Nov 2024 · 1 min

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A short spoken presentation (YouTube) by Joe Fier arguing that taxes are a predictable and significant threat to business owners. The speaker uses a personal safari anecdote and the "gray rhino" metaphor to emphasize that taxes are visible and inevitable, not unpredictable events.

Chapters

So one of the biggest threats as a business owner is taxes. Yeah. I mean, for everyone. Yeah. I jokingly say, this is not a black swan. I'm from South Africa. This is a gray rhino. And when a gray rhino, I just went on safari with my family and took my kids for the first time, and we saw a couple of rhinos and I started to smile when they were started to walk. They didn't even run. When they even walk fast, you can feel them. They haven't. You can hear them. You know they're coming and you can see them coming. So taxes is a great rhino. It's not a black swan. So how you generate income as a business owner is already one of the most tax efficient ways.