Mark Kohler says business owners waste money doing their own admin work. Missing filing deadlines costs penalties up to three times what you'd pay someone to handle it. Delegate compliance tasks and focus on revenue instead.
Start focusing on making more money in your business and growing it, not being the secretary handling all
these administrative things. And here's the important thing. You may think you're saving money. You're like, well, I'm doing it because I'm saving money. No, what happens is when you miss one of these deadlines, the penalty and the cost to get back in good graces with the state, it can be three times what it costs to just pay someone to do it in the first place. It's one of those deceptive things that last night I was at Home Depot, driving there twice, taking time to go figure out this methodology to hang my daughter's TV on the wall. And I could have called thumbt or some handyman had been done with it. I spent more time and money doing. No, I enjoyed.
This is where I make fun of Mark for doing this stuff all. He's always doing stuff like this. But it's like therapy for. Yes, it is. This is like Mark's version of yoga.