Changes are happening - please bear with us while we update our site.

Join Free
Log in

Changes are happening - please bear with us while we update our site. Click here to give us your advice and feedback.

Join Free
Log in

3 more ways your business will die; plus Owen discovers how you can use director loans to buy property

In this Australian Business Podcast episode, Owen Rask, Jordan Kidis and Danil Goloubev share 3 ways your business will die.

Listen to the Australian Business Podcast now

Play Video

Charlie Munger says, “tell me where I’m going to die and I won’t go there”. This episode is about helping you avoid disaster, such as your business dying — like the thousands of businesses which go down every year.

In this Australian Business Podcast episode, Owen Rask, Jordan Kidis and Danil Goloubev share 3 ways your business will die:

  1. Taking too much cash out of the business
  2. Following silly ideas and phrases such as “You gotta spend more to make money” 🤦‍♂️
  3. A failure to plan, is a plan to fail.

In addition to covering these three topics, and answering your questions, Jordan and Danil blow Owen’s mind by explaining how it might be possible to use a director loan to buy a property!

Send us your business questions for this weekend’s episode

Anyone can send us questions… that means you! Click here send Jordan, Danil and Owen a question to answer on air. Just select “The Australian Business Podcast” when prompted.

New here? Subscribe for weekly shows! 

Subscribe to the Australian Business Podcast on all major platforms. We release episodes weekly!

  1. Apple podcast
  2. Spotify
  3. YouTube
  4. Castbox

Australian Business Podcast resources

Amazing deals go below 👇

📈 Free online business community – Inflection 

Zara, Owen, Jordan and Danil are proud to invite you to join our free online business owners community. Filled with videos, PDF downloads, daily discussion and more, you can join now for free to unlock episode resources and goodies. Click here to join us online.

✅ Grey Space Advisory – snag a $100 health check

Do you get stuck worrying about your business’ finances? Or what needs to be paid to ATO, employees, Super funds and so on? The Australian Business Podcast is proud to announce that our sponsor, Grey Space Advisory, is offering all business owners a financial health check.

Jordan and Danil’s expert team of accountants will conduct a review of your tax structure, bank setup, ATO obligations and reporting, business insurance and provide some advice on how to manage all of this — for just $99! You can book a $99 health check with the Grey Space Advisory team and tell them Owen sent you.

🏰 Rask – Get Owen’s best investing research

The Australian Business Podcast’s official sponsor is Rask, our very own company. We empower hundreds of thousands of investors around Australia, whether you’re new or have been investing for 40 years. You can take an investing course on Rask Education to discover how Owen carefully researches small or blue chip companies, or become a premium Rask member today to speak directly with Owen and see what he is investing in.

As Warren Buffett famously said, “I am a better investor because I am a businessman, and a better businessman because I am no investor.” 

***

The information on this website and in our podcasts is general financial advice only. That means, the advice does not take into account your objectives, financial situation or needs. Because of that, you should consider if the advice is appropriate to you and your needs, before acting on the information. In addition, you should obtain and read the product disclosure statement (PDS) before making a decision to acquire a financial product. If you don’t know what your needs are, you should consult a trusted and licensed financial adviser who can provide you with personal financial product advice. Please read our Terms & Conditions and Financial Services Guide before using this website.

Share this episode:

Search by ticker code:
Generic filters
Ask a question
Other episodes:
All episodes

Like our podcast? Get Owen's weekly newsletter.

Want to level-up your analytical skills and investing insights but don’t know where to start? We can help. Join 40,000+ Australian investors on our mailing list today and we’ll send you our favourite podcasts, courses, resources, investment articles and podcasts every week. Delivered to your inbox every Sunday morning. Grab a coffee and let Owen and the team bring you the best investment insights every week.

Skip to content