In this episode of the Jon Sanchez Show, Jon Sanchez (CEO, Sanchez Gaunt Capital Management), Dr. Dennis Sanchez (Perform/AI) and Bailey Sanchez (Director of Marketing, Sanchez Gaunt Capital Management) discuss the importance of starting your family business (familypreneurship) before the start of the year, the impact of AI on entrepreneurship, and the current economic landscape. They explore the rise of familypreneurship, the influence of cryptocurrency on the stock market, and the necessity of entrepreneurship in today's economy. The conversation emphasizes the role of AI in starting a business, the importance of mentorship, and the tax benefits associated with launching a business before the year's end. Practical steps for utilizing AI to streamline the business startup process are also provided.

Chapters

00:00 Family Connections and Thanksgiving Reflections

01:47 Introduction to AI and Entrepreneurship

04:14 The Importance of Year-End Business Planning

11:30 The Rise of Familypreneurship

12:54 Understanding the Entrepreneurial Landscape

17:30 The Role of Education and Mentorship in Entrepreneurship

21:23 The Entrepreneurial Journey: Starting Part-Time

22:20 Leveraging AI for Business Success

25:41 Tax Benefits of Starting a Business

27:33 Fostering Entrepreneurial Spirit in the Next Generation

29:17 The Low Barrier to Entry in Entrepreneurship

30:49 Step-by-Step Guide to Starting a Business

33:35 Sanchez Disclaimer