The 10 Mistakes

We recorded these clips with our CPA – Warren Taryle and his wife Diana – on a business trip to the island of Maui in the state of Hawaii in order to highlight 10 of the most common mistakes that business owners make, many times without even realizing them.  As a result the “corporate veil” becomes weaker and more easily pierced in the event of financial audits or legal actions against the company.

15 replies added

  1. Constance Cunningham April 22, 2012

    Good Morning,
    You set up my LLC and after listening to the 10 mistakes people make, I have a question? I set my business up as sole proprietor, and have also bought from you the LLC. It sounded to me like I could not set up as sole proprietor and also have a LLC, that I should file my business under another entity? Please clairify if this allright.

  2. David Hittner April 22, 2012

    Went over material in 10 things it listyed.

  3. admin April 23, 2012

    You can be a sole proprietor AND also use an LLC for businesses. They are 2 separate things. If you choose to move your sole proprietor activity inside of the LLC, then you can add that business activity to the business that the LLC was established for. The only time that you should not mix business activities is if one of them is rental real estate because of tenant liability issues.

  4. Merrill Williams April 23, 2012

    I’ve tried opening the above video clips with Media Player, but the sound is so garbled it is unintelligible and there are no images. What am I doing wrong? I use a Mac OSX 10.5.8 operating system.

  5. admin April 23, 2012

    Please try them again – I’ve moved them over to YouTube to avoid a bandwidth issue with my host. Let me know how it works out.


  6. LoriAnn Childs May 28, 2012

    Thanks for making this message I was having a hard time getting started and this really helps with what i am feeling getting started and i hope to be good at this and getting the help with my business. Thanks Lori

  7. Simone Kiven June 21, 2012

    I listened to your webinar and found it instructive. Took notes. Thank you.

  8. Lena Simpson July 27, 2012

    I have not been able to get to the learning modules today. I downloaded FireFox, but it still is not displaying the modules. Help!!!!!!!

  9. admin July 27, 2012

    We appear to have had some serious technical problems >grimace< You will be able to access this module now (I hope). Repairs are on-going. Sorry, Gary

  10. Irene Melanson July 28, 2012

    Thank you for these wonderful tips for entrepreneurs.

  11. Cynthia Gottfredson September 10, 2015

    good morning these little tip pits were an Eye opener. It was good for each ten step module.

  12. Cynthia McNair February 4, 2016

    Can we use our own money to pay off credit cards that were used to start the business since we have not made any money yet. Is that considered as comingling?

  13. Stacy Just September 12, 2016

    How much time goes by before all the modules are available? I became a member at the beginning of the year, however, I’ve had two major surgeries and other health problems that necessitated me putting our new business on hold until now. So, I am concerned that my 12 month membership will expire before I have access to all the modules. Thanks for clarifying.

  14. Gary Bauer September 12, 2016

    Hello Stacy,

    Your membership will continue until the seminar company asks us to withdraw access. FYI they haven’t done that for any clients over the past 3 years.

    Regards, Gary

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