I realized that the secret to making a million is saving for a better investment. I always tell myself you don't need that new Maserati or that vacation just yet. That mindset helped me make more money investing. For example last year I invested 80k in stocks (with the help of my Financial Advisor of course) and made about 246k, but guess what? I put it all back and traded with her again and now I'm rounding up close to a million.
Investment is that tiny line that separates the RICH from the POOR. The foolish from wise sorry to say. I can proudly say I am wise today because I can provide for my family through my investments.
Ellie! I am so happy you have aTH-cam! I am trying to launch my business and I was just wondering what order should I take. If I do the virtual address and Dunn’s am I guaranteed credit right away?
This is the basics right? I wanted to begin my business with multiple companies under it like an umbrella but I would like to build my initial business first so I was wondering do I need to follow these 7 steps of a 7 figure business including like the license and insurance etc. or do I just go online to my state and begin my Llc entity for protection first and trade Mark my logo and register the name then I begin the steps of the 7 figures ?
Also another question when I begin my Llc entity how long would it take for them to approve my Llc first ? The business I am starting is more of social media business which has already started I just want to make things more safe and official before I really go hate this year . I have my name and logo and emails and working on branding and marketing but I wanted to get legal things done first so it can all be protected through the Llc. I want to create this LLC that has multiple services or organizations under it ( dance reels, subscriptions , my pod cast which will have merch and my interviews which will have a non profit unless views do good on TH-cam and also my Main TH-cam channel that I am on right now lastly each things I get paid for on social media like promo or my sponsors that I do for clothing for my pictures and production videos. These things I have begun getting paid from but I want to know the proper steps to moving it from side hustle to main LLC. And then trying to learn how to pull each organization under this Llc has a track of every expense from investment to profit as well as paying taxes.
This video was great, even tho I am already an entrepreneur and have set these things up in the past, it was a much needed refresher for starting my next business.
an accountant told me that if you have not made money, there is no tax to be filed. I mean that makes sense. How can you be taxed on something you do not have?
Hi is there a way you can talk to me about the moves you make once you have all this established in regards to business lines of credit with Sam club , Office Depot also how to make my bus plan stand out with the banks and any additional funding to get business location and to get business up and running
I wish I knew all of this 2 years ago when i started my biz, you're a godsend! I did it ALL WRONG and just now getting set up properly in 2022. I'm currently having issues getting my DUNS# and have applied multiple times, its frustrating. And its impossible to build credit in the meantime without it, correct?
Hi Ellie, love your content!!!👏🏼😍 I have two questions: 1. Using home address for now due to insufficient funds for a virtual office. Since I am just putting up my business and have not acquired revenue yet would it still be OK to use my home address? So then later I would pay a monthly fee and can afford to take the two hour drive to pick up my mail. 2. Would you advice against using home address to open a bank account? Thank you in advance for your response!😊👍🏼
Never use your home address for your business. Virtual offices are great options and maybe you can find someone to partner with you if the monthly payments are too high. Another way to obtain a business address is to find someone who already has a business and see if they will let you use their address One other idea, you should always have a PO Box anyway. Some post offices are allowing you to use the post office address as your business address ~ Business Counselor for 15 years
Love this video, Ellie! It truly breaks down all the major milestones to start your business. I would love if you could make a video of how you filed out the LLC-5.5 form (Articles of Organization) for Illinois, and I have yet to see anyone on here go through the process for us, even if it's just a made up example, anything would help so much. I have a virtual address with Earth Class Mail and I'm not sure if I can list the virtual address as my primary place of business and my registered agent. Trying to avoid having my physical home address in public documentation. Look forward to hearing from you. Thank you!
I’m wondering how much it costs to establish an LLC in California. Don’t you have to pay an $800+ fee within less than a year of starting an LLC in the state? 👀
Hi Ellie , superb content👍 , I need your team get my company registered (NON RESIDENT WYOMING LLC) . how can i reach out to you ?? look forward to attend your master class for more lectures . keep up the wonderful work
Do you have to be military for Navy Federal? Seeing what Wells Fargo is doing to Wendy Williams and their history of ensuring enslaved peoples lives for their enslavers Id not do business with them!
You need to be military or have an immediate family member that is active or a veteran. However, I’ve seen people offer to share their code for people to open an account. My parents are vets and Navy Federal is my number one choice. Since that’s getting so popular with people sharing access codes, not sure how much Navy Federal will start cracking down on that but it’s worth a try. :)
HELLO ELLIE, I LOVE YOUR CHANNEL AND SUBSCRIBED. I HAVE A QUESTION PLEASE... DO YOU HAVE TO BE 18 TO START YOUR BUSINESS? MY DAUGHTER IS 16 1/2 YEARS OLD. SHE HAS A BUSINESS BUT IT'S NOT LICENSED WITH 'LLC' OR 'EIN' IN MY STATE. SHE HAS A WEBSITE, ETSY, FACEBOOK, TICTOC, AND SHE SELLS AT VENDER SHOWS ONCE A MONTH, ETC. SHE IS VERY BUSY TRYING TO GET HER NAME OUT THERE. THANK YOU FOR YOUR HELP.
I realized that the secret to making a million is saving for a better investment. I always tell myself you don't need that new Maserati or that vacation just yet. That mindset helped me make more money investing. For example last year I invested 80k in stocks (with the help of my Financial Advisor of course) and made about 246k, but guess what? I put it all back and traded with her again and now I'm rounding up close to a million.
Investment is that tiny line that separates the RICH from the POOR. The foolish from wise sorry to say. I can proudly say I am wise today because I can provide for my family through my investments.
I'm very confident trading with Mrs Kathy because of the steady income she makes for me. She has never faltered
I just withdraw my profit last two days before
now. am glad i did invest with them still reinvested and the trade is ongoing
Okay I have a series of questions.
Ellie! I am so happy you have aTH-cam! I am trying to launch my business and I was just wondering what order should I take. If I do the virtual address and Dunn’s am I guaranteed credit right away?
How much does your company charge to help setup or start up an online Business?
This is the basics right? I wanted to begin my business with multiple companies under it like an umbrella but I would like to build my initial business first so I was wondering do I need to follow these 7 steps of a 7 figure business including like the license and insurance etc. or do I just go online to my state and begin my Llc entity for protection first and trade Mark my logo and register the name then I begin the steps of the 7 figures ?
Thank you so much for these information God bless you 🙏 💖 ❤
You answered my questions and also gave me hope.
i'm so grateful! let me know what more you want to see in the next video
Also another question when I begin my Llc entity how long would it take for them to approve my Llc first ? The business I am starting is more of social media business which has already started I just want to make things more safe and official before I really go hate this year . I have my name and logo and emails and working on branding and marketing but I wanted to get legal things done first so it can all be protected through the Llc. I want to create this LLC that has multiple services or organizations under it ( dance reels, subscriptions , my pod cast which will have merch and my interviews which will have a non profit unless views do good on TH-cam and also my Main TH-cam channel that I am on right now lastly each things I get paid for on social media like promo or my sponsors that I do for clothing for my pictures and production videos.
These things I have begun getting paid from but I want to know the proper steps to moving it from side hustle to main LLC. And then trying to learn how to pull each organization under this Llc has a track of every expense from investment to profit as well as paying taxes.
This video was great, even tho I am already an entrepreneur and have set these things up in the past, it was a much needed refresher for starting my next business.
I’m just starting out trying to sell clothing and accessories
When you have multiple businesses should you have different bank accounts for each of them?
Thank you for breaking this down to show it's not so hard to get started. Thank you
Great thank u
I thought most file LLC when they are in profit otherwise you can owe at Tax Time if you claim you're a business. You then get taxed.
an accountant told me that if you have not made money, there is no tax to be filed. I mean that makes sense. How can you be taxed on something you do not have?
I was told by a tax professional to file a dba until established with cash flow then get llc once established
How can you help me start my business?
Hi is there a way you can talk to me about the moves you make once you have all this established in regards to business lines of credit with Sam club , Office Depot also how to make my bus plan stand out with the banks and any additional funding to get business location and to get business up and running
This video is a gem! thanks for sharing all these wonderful business tips Ellie
I wish I knew all of this 2 years ago when i started my biz, you're a godsend! I did it ALL WRONG and just now getting set up properly in 2022. I'm currently having issues getting my DUNS# and have applied multiple times, its frustrating. And its impossible to build credit in the meantime without it, correct?
Same.
Good luck you guys ..keep pushing you got this 💪💓💕💞
Hi Ellie, love your content!!!👏🏼😍
I have two questions:
1. Using home address for now due to insufficient funds for a virtual office. Since I am just putting up my business and have not acquired revenue yet would it still be OK to use my home address? So then later I would pay a monthly fee and can afford to take the two hour drive to pick up my mail.
2. Would you advice against using home address to open a bank account?
Thank you in advance for your response!😊👍🏼
Never use your home address for your business.
Virtual offices are great options and maybe you can find someone to partner with you if the monthly payments are too high.
Another way to obtain a business address is to find someone who already has a business and see if they will let you use their address
One other idea, you should always have a PO Box anyway. Some post offices are allowing you to use the post office address as your business address
~ Business Counselor for 15 years
Do not use home address
@@jenninemorel7693 Great advise. Do you provide consultations?
@@jenninemorel7693Great Advice! Thanks! Does that mean I have to change my address on my LLC?
@@lynh.2838 yes. and usually its a costly change. At least in NJ it is.. Cost me $100 to amend my LLC info.
Great video! Thank you Ellie.❤
Love this video, Ellie! It truly breaks down all the major milestones to start your business. I would love if you could make a video of how you filed out the LLC-5.5 form (Articles of Organization) for Illinois, and I have yet to see anyone on here go through the process for us, even if it's just a made up example, anything would help so much. I have a virtual address with Earth Class Mail and I'm not sure if I can list the virtual address as my primary place of business and my registered agent. Trying to avoid having my physical home address in public documentation. Look forward to hearing from you. Thank you!
We’re you able to use the virtual address ?
Hi Ellie, thank you so much for your videos I was truly stuck on many Business things until watching your video.👏🏽👏🏽👏🏽👏🏽👏🏽
You are so welcome! keep going! what video would be hepful next?
Hi Ellie , new to your page my question is how do i set up a business address thats not my home address?
I’m wondering how much it costs to establish an LLC in California. Don’t you have to pay an $800+ fee within less than a year of starting an LLC in the state? 👀
Hi Ellie , superb content👍 , I need your team get my company registered (NON RESIDENT WYOMING LLC) . how can i reach out to you ?? look forward to attend your master class for more lectures . keep up the wonderful work
Do you have to be military for Navy Federal? Seeing what Wells Fargo is doing to Wendy Williams and their history of ensuring enslaved peoples lives for their enslavers Id not do business with them!
You need to be military or have an immediate family member that is active or a veteran. However, I’ve seen people offer to share their code for people to open an account. My parents are vets and Navy Federal is my number one choice. Since that’s getting so popular with people sharing access codes, not sure how much Navy Federal will start cracking down on that but it’s worth a try. :)
Thank you! How do we get in contact with you?
Hi Elli, how do we get in touch with you.
email me ! hello@ellietalksmoney.com! or you can text me 310-564--0065
@@EllieTalksMoney hi Elli, do I have to add anything in front of the 3?
HELLO ELLIE, I LOVE YOUR CHANNEL AND SUBSCRIBED. I HAVE A QUESTION PLEASE... DO YOU HAVE TO BE 18 TO START YOUR BUSINESS? MY DAUGHTER IS 16 1/2 YEARS OLD. SHE HAS A BUSINESS BUT IT'S NOT LICENSED WITH 'LLC' OR 'EIN' IN MY STATE. SHE HAS A WEBSITE, ETSY, FACEBOOK, TICTOC, AND SHE SELLS AT VENDER SHOWS ONCE A MONTH, ETC. SHE IS VERY BUSY TRYING TO GET HER NAME OUT THERE. THANK YOU FOR YOUR HELP.