Michele Hansen update: Section 174 and bootstrapping with kids
In this podcast episode, Michele Hansen ( Geocodio ) gives us an update on Section 174 and provides her take on "bootstrapping with kids." Michele explains you can be a part of the Small Software Business Alliance , and fight Section 174. If you're in the USA, please contact Congress ! In the second half of the episode, Justin and Michele talk about the challenges of balancing starting a business while you have young kids. For more on this topic, check out the last episode with Aaron Francis . For more context on Section 174, check out our previous episode with Michele . (00:12) - Welcome (01:39) - Quick refresher on section 174 (05:37) - Updates since last episode (09:04) - You can still help raise awareness (13:58) - What's happening next? (17:30) - How does this work on the accounting side? (20:19) - Anything else people can do? (22:36) - What advice do you give to people with families wanting to start a business? (26:25) - Did you try a few things on the side? (28:46) - Definition of success at the start (31:01) - Developing a business while raising a baby (34:54) - Survivorship bias in stories from new parents (37:34) - What should you consider when starting a business? (45:21) - Avoid magical thinking (51:25) - Some things are hard to think about until you experience them Thanks to our monthly supporters Rewardful.com Mitchell Davis from sixsides.co Marcel Fahle, wearebold.af Bill Condo (@mavrck) Ward from MemberSpace.com Evandro Sasse Austin Loveless Michael Sitver Dave Giunta 🎙️ Podcast hosting is provided by Transistor.fm . 📺 Learn how to start your own podcast ! ★ Support this podcast on Patreon ★