Interviews with CEOs and Entrepreneurs about the frameworks they are using to build and scale their businesses.
Episodes
Monday Apr 25, 2022
Monday Apr 25, 2022
Van Carlson is the CEO of SRA 831(b) Admin, a company that helps private businesses set up their own captive self-insurance to cover oversized and unusual risks threatening their businesses. We talk about the 831(b) insurance captive, tax-efficient strategies for funding insurance premiums, and the risks your business should be protected against when setting up an insurance cover.
Time Stamps
[00:35] Van’s entrepreneurial journey
[03:29] Managing financial risk using captive insurance
[04:59] Van’s experience with management blueprints
[07:36] Technology and AI in the modern business environment
[09:52] Understanding the entrepreneurial myth
[10:39] The basics of the 831(b) insurance captive
[12:25] Liability insurance and protection against lawsuits
[16:02] Tax-efficient strategies for funding insurance premiums
[19:05] What to look out for before settling on an insurance cover
[22:22] Practical business size for creating a captive insurance vehicle
[25:25] The best way to set up a captive insurance plan and minimize on taxes
[27:45] Understanding the type of risks your insurance will cover
[28:59] Parting thoughts
Links and Resources:
Van’s email: van@831(b).com
The E-Myth Revisited by Michael E. Gerber
Buyable: Your Guide to Building a Self-Managing, Fast-Growing, and High-Profit Business
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