In Episode 3 of Savvy or Surrender, host Steven Young exposes the real cost of “playing it safe” in business.

Too many entrepreneurs think they’re protecting themselves by delaying bookkeeping, skipping quarterly tax payments, or waiting until it “feels right” to hire help. In reality, those decisions quietly drain profits, create chaos, and can even bankrupt a thriving business.

Steven shares:
 ✅ Real-world examples of entrepreneurs who lost it all by avoiding IRS compliance
 ✅ The danger of co-mingling funds, avoiding payroll, and putting off S-Corp/LLC setup
 ✅ Practical “Savvy Moves” to build long-term success, like Profit First, hiring a bookkeeper early, and setting up systems that scale

👉 If you’re ready to stop surrendering and start scaling, this episode will give you the clarity and tools you need to grow smarter, not riskier.

📌 Chapters / Timestamps:
[00:00] Playing it safe vs. making bold business moves
[00:40] Welcome to Savvy or Surrender with Steven Young
[02:19] The car brake analogy: how safety can quietly damage growth
[03:40] Surrender move: waiting until tax season to handle bookkeeping
[04:34] Stashing cash with no plan & co-mingling funds
[05:06] Avoiding payroll and skipping quarterly tax payments
[06:04] Case study: $300K flooring business bankrupted by IRS debt
[07:15] The myth of “I’ll do it when I have time”
[08:00] Sole proprietor fears: avoiding S-Corp or LLC setup
[08:35] Flipping the script: what savvy moves look like
[08:44] Profit First principles: allocating funds weekly
[09:19] Sneak peek: next week’s episode on Profit First
[10:35] Hiring a bookkeeper before you think you’re ready
[10:46] Why Steven built Savvy Tax Strategies for small businesses
[12:14] If you are making 50K a year, become a S Corp if…
[15:43] Quit treating your business like a hobby and not a business
[20:00] We can help make your business less of a mess

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#SavvyOrSurrender #SmallBusinessTips #ProfitFirst #EntrepreneurLife #Bookkeeping #TaxStrategy #BusinessGrowth #IRSCompliance #MoneyManagement #StartupLife

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