In this episode: what those "7-figure business" claims actually look like behind the scenes, and how to build a profitable business that genuinely works for your life, with CPA and certified tax coach Kimberly Tara.

Kimberly Tara has saved her clients more than 15 million dollars in taxes, and she has seen the back end of more "7-figure businesses" than she can count. In this conversation, Teresa and Kimberly pull back the curtain on what flashy revenue screenshots leave out, what proactive tax strategy actually looks like for profitable business owners, and how Kimberly went from billing hourly and taking a one-week maternity leave to running a team of five while still making school drop-off and book fair with her four kids.

If you've ever felt behind because of someone else's claims on Instagram, this episode will change the way you read those numbers and the way you think about building your own.

KEY TAKEAWAYS

• The difference between gross revenue and actual take-home profit, and why the income claims you see online leave out the most important numbers
• How switching from hourly billing to value-based pricing was the first move Kimberly made to stop trading time for dollars (and what to try if you don't know where to start)
• Kimberly's three P's: Profit, Plugging Leaks, and Proactive Tax Strategy. Her practical framework for keeping more of what you earn
• What "the other side" actually looks like when you build a business that doesn't solely depend on you, and why you have to define that finish line for yourself
• Why letting go of control might be the most underrated form of business and personal growth

"I choose that hard because that's the hard that's worth choosing." — Kimberly Tara

Connect with Kimberly

• Website: www.taracpafirm.com
• Instagram: @kimberlytaracpa

Connect with Teresa

• Join the Becoming Obsessed Playground, the weekly email for curiosity-led women building a life they love.
• Instagram: @becomingobsessedpod and @teresaajean
• Leave a review on Apple or Spotify Podcasts. Reviews are the biggest thank-you, and reviews help ambitious women find the show.
• Website: teresaajean.com

Topics: building a profitable business, proactive tax strategy for entrepreneurs, female founders and burnout, revenue vs. profit, how to stop trading time for dollars, personal growth for ambitious women, curiosity-led living, high achiever burnout

Mentioned in this episode:

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