transcript · 12,644 words

$250M Founder Reveals How The Rich Avoid Taxes (Legally)

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Today we're talking taxes. And we're talking taxes because taxes are my favorite subject. They became my favorite subject when I paid way too much in tax when I sold my company. And I was so happy and so sad at the same time today's guest had the same problem. He sold teachable For over two hundred million dollars. And then decided you know what, he's gonna go on a renegade.

to make sure that no entrepreneur pays more taxes than they need to. Um we basically invited him here and he was like, you know, I could talk about my story, I could talk about my life. We were like, No, dude, talk about taxes. I feel like I can rule the world, I know I could be what I want to I put my all in it like my day's all on the road, let's try to get the floor. Yeah, I'm excited to be here. It's weird how I've

now accumulated a lot of specific knowledge in this one kind of very narrow topic and I'm excited to share it. And the summary of your story, and we'll talk to about a little bit later in the episode, but we wanna talk about taxes. The summary of the story is Prodigy entrepreneur, had a bunch of stuff, started in college, you started a company called Teachable, sold it for two hundred fifty million dollars when you were thirty one. Uh, that was like a courses business. Now you've got a new thing. Was called Carrie. Now or no, was called Ocho, now called Carrie, and it's like a four oh one K like a self directed four oh one K thing. Yeah, absolutely. It's basically the bigger vision is how do we help people build wealth? by saving money on taxes and the solo four one K is our first product.

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