Business of VO: Bosses on the Move

What’s a Boss to do when they need a major change in scenery? Duh, they make a move! But physically moving your business is a royal PIA — pain in the Anne! Yup, Anne Ganguzza is putting her house on the market and we talk about the good, the bad, and the ugly wallpaper in that half-bath! Join us for this episode of House Hunters, voiceover Boss style!



Takeaways

Quick Concepts from Today’s Episode:

  1. Anne’s purchase of a new home has created a bit of chaos and it’s made us realize that a move is major for any boss.

  2. When an entrepreneur wants to make a major change, it’s not a question of IF, but simply when.

  3. On the surface a bold move can seen impulsive or rash but it’s usually not.

  4. But self employed individuals must be prepared for the process of purchasing a large item like real-estate without traditional employment. It’s a different process and may require a less conventional loan.

  5. Living and working from the same locations also comes with many specific property requirements that other home buyers may not have.

  6. Not all homes are equipped to accommodate a business and not all locations are ideal for a voiceover business.

  7. If you maximize your business deductions and the tax benefits of owning and business and working from home, you are likely minimizing your taxable income. Doing so can be problematic because your taxable earnings may not show the income needed to qualify for a large purchase.

  8. Lenders still want the business of self-employed borrowers, but they will likely want a higher interest rate too.

  9. Stated income loans can be more difficult to acquire.

  10. Lenders may also require you to pay down debts in order to improve your debt to income ratio.

  11. Debt to income is most prevalent when buying a home.

  12. An accountant and financial planner working together can greatly help you with obtaining large purchase goals.

Tweet This

Share ideas with your own network ++

My decision-making make seen rushed, but it’s probably more pre-planned than you think. #VOBOSS

Being a boss takes a leap of faith. Wanna jump with me? #VOBOSS

Moving is expensive! #VOBOSS


Referenced in this Episode

Direct links to things we brought up ++

  1. Tips on getting a home loan, for freelancers.

  2. Aside from finances, the act of moving is complicated. Here’s one checklist to help make sure you get it all done!

  3. Recorded on IpDTL

Full Episode Transcript

>> Today’s voiceover talent is more than just a pretty voice.

>> Pretty voice.

>> Pretty voice.

>> Pretty voice.

>> Today’s voiceover talent has to be a BOSS.

>> BOSS.

>> A BOSS.

>> A BOSS.

>> Join us each week for business owner strategies and success with your hosts Anne Ganguzza and Gabrielle Nistico, along with some of the strongest voices in our industry.

>> Rock your business.

>> Rock your business.

>> Rock your business.

>> Like a BOSS.

>> Like a BOSS.

>> Rock your business like a BOSS.

>> Rock your business like a BOSS.

>> A VO BOSS.

>> A VO BOSS.

>> A VO BOSS.

Anne: Hey everyone, welcome to the VO BOSS podcast. I’m your host, Anne Ganguzza, along with my VO BOSS bestie. God, I miss you, Gabby, and I need you now…um oh, Gabby Nistico. Hey, Gabby.

Gabby: I can hear the stress. I can hear the stress pouring out of you right now, Anne.

Anne: It’s affecting my performance.

[both laugh]

Gabby: You’re frantic. So this is fun. Anne blew up her life, like –

Anne: I did.

Gabby: [laughs] I’m gonna let you just go ahead and tell. Go ahead. Take it away.

Anne: I think, Gabby, the appropriate title for this episode should be “Bosses on the Move.” Yes. I’m moving. [laughs]

Gabby: [laughs] 

Anne: And this has just, and it formulated as a simple thought at first.

[both laugh]

Anne: Where I said, you know, it’s a good time to sell in my town. It’s a pretty popular town to live and I bet I could make a decent profit on that, and you know what? I really would like to just have a little bit of change. Maybe we’ll start looking for a new home.

Gabby: Maybe turned into – 

Anne: And that just blossomed into this full force, kind of like how Anne Ganguzza does things. Don’t ever just do anything lightly. I have to go full force into it.

Gabby: While her husband was away on business –

Anne: Yeah, this is what happened.

Gabby: – Anne went and toured a lovely piece of property and took video.

Anne: And I loved it.

Gabby: And before Jerry’s plane even hit the ground home, she had put down a deposit on this place. 

Anne: Jerry, the day after he flew home, we went to go look at the property and then we put a deposit down on it. [laughs]

Gabby: Now she’s in a mad rush to pack up her existing house, stage it, get it ready to sell.