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The 2% Tax Strategy Every Entrepreneur Should Know - with Mike Milligan, CFP

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Manage episode 515888452 series 2904935
Content provided by Don Williams. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Don Williams or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://podcastplayer.com/legal.

What if the secret to building wealth wasn’t working harder—but paying smarter?

In this episode of The Proven Entrepreneur Show, host Don Williams sits down with Mike Milligan, Certified Financial Planner and founder of 1 Oak Financial, to unpack the tax strategies and mindset shifts that helped him build a multi-million dollar business—while legally paying just 2% in total tax.

Mike shares his journey from counting cash in coffee cans for his grandmother’s cornbread sandwich hustle to becoming a bestselling author of The One-of-a-Kind Financial Plan. You’ll hear how desperation sparked innovation, and how real-life lessons shaped his mission to help entrepreneurs build wealth and reclaim time.

Topics Discussed:

  • The #1 financial mistake entrepreneurs make (and how to fix it)
  • Tax-saving strategies like the Augusta Rule and Section 179 depreciation
  • Why Mike moved to Puerto Rico for tax optimization
  • A real-life case study: how a realtor went from $40K to $1M net worth
  • The importance of working with entrepreneurs—not employees

Listener Benefits:

  • Learn how to legally reduce your tax burden
  • Discover practical wealth-building strategies
  • Get inspired by real transformation stories
  • Understand how to reclaim time by outsourcing
  • Hear why working with entrepreneurial advisors matters

Whether you're a founder, real estate agent, B2B leader, or aspiring entrepreneur, this episode delivers actionable strategies and real-world wisdom to help you thrive financially.

  continue reading

143 episodes

Artwork
iconShare
 
Manage episode 515888452 series 2904935
Content provided by Don Williams. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Don Williams or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://podcastplayer.com/legal.

What if the secret to building wealth wasn’t working harder—but paying smarter?

In this episode of The Proven Entrepreneur Show, host Don Williams sits down with Mike Milligan, Certified Financial Planner and founder of 1 Oak Financial, to unpack the tax strategies and mindset shifts that helped him build a multi-million dollar business—while legally paying just 2% in total tax.

Mike shares his journey from counting cash in coffee cans for his grandmother’s cornbread sandwich hustle to becoming a bestselling author of The One-of-a-Kind Financial Plan. You’ll hear how desperation sparked innovation, and how real-life lessons shaped his mission to help entrepreneurs build wealth and reclaim time.

Topics Discussed:

  • The #1 financial mistake entrepreneurs make (and how to fix it)
  • Tax-saving strategies like the Augusta Rule and Section 179 depreciation
  • Why Mike moved to Puerto Rico for tax optimization
  • A real-life case study: how a realtor went from $40K to $1M net worth
  • The importance of working with entrepreneurs—not employees

Listener Benefits:

  • Learn how to legally reduce your tax burden
  • Discover practical wealth-building strategies
  • Get inspired by real transformation stories
  • Understand how to reclaim time by outsourcing
  • Hear why working with entrepreneurial advisors matters

Whether you're a founder, real estate agent, B2B leader, or aspiring entrepreneur, this episode delivers actionable strategies and real-world wisdom to help you thrive financially.

  continue reading

143 episodes

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