Say hello to Sally Gimon from Waxhaw, North Carolina, USA. Her dream is coming together. She has paid off six figures in student loans and car payments and has a thriving business with limitless potential.
Sally, tell us about the work you do and who you help.
I work with 1099 Income earners and Investors to save Federal Taxes with the Spendthrift Trust. Business Trust saves 70% of federal taxes year after year. It defers capital gains, interest income, dividend income, rental incomes, and royalties year after year.
In July 2020, I took the deal of the week in my real estate group, a $20,000 bank-owned reverse mortgage house that would go to auction when Covid restrictions were lifted for $50,000. I had 13 months to figure out how I would save $7,100 in capital gains on that property.
I went down the rabbit hole to find the private law firm that has the patent on the Spendthrift Trust. I became a client and then taught a mastermind in my real estate group.
The house went to auction on August 28, 2021, and went to over $64,000. Better yet, I saved over $10,500 in capital gains!
If I can save taxes legally, I wanted to teach others too. The poor have a safety net, the rich know things, and the middle class is getting squeezed.
Do you think that being an introvert has affected your business?
I have taken the Myers Briggs three times. The third time it was explained that an introvert makes their energy internally. I like that it is up to me. I do need time to mellow out. I like myself and go for a walk or drive somewhere.
People think I am an extrovert since I have energy, but not according to Myers Briggs.
What is a challenge you’ve faced along your entrepreneurial journey?
The gentleman who ran my real estate group lied about money and took away my mastermind. But I have to thank him; he galvanized me to start my own company and branch out.
The biggest challenge getting the word out on a tight budget. I post 6 different videos a day on 6 different social media sites, and it is paying off now!
What advice would you give to other introverted women just starting their own businesses?
I was born with a tongue tie and had to relearn English at age four. I am dyslexic and stumble over words, but that doesn’t stop me.
JUST DO IT!
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