Ep 8 - Transparency Triggers and Tax Troubles
Summary:
Audrey shares an experience from last week where someone had an issue with her standard contract regarding editing rights and ownership of recordings.
This led Audrey to a realization about why people likely also struggle with the IRS's transparency and clarity around taxes and responsibilities.
She reflects that transparency and clear communication of responsibilities, while empowering, can make some people uncomfortable when directly presented.
However, it's better to have things clearly laid out upfront than end up in a messy situation down the line.
Audrey emphasizes embracing transparency and finding alignment with one's own intuition when evaluating any agreement.
Show Notes:
-Audrey has contracts for her summit guests to ensure transparency and alignment
-Her standard contract grants her editing rights and ownership of the final recording, while allowing the guest access to the recording
-One guest took issue with this contract for undisclosed personal reasons and withdrew
-This gave Audrey insight into why some people also react poorly to the IRS clearly outlining tax rules and responsibilities
-Direct transparency can cause discomfort, but ultimately empowers people and prevents downstream issues
-It's best to evaluate agreements based on one's own intuition and risk tolerance
-Audrey values alignment, clarity, and transparency in business dealings
-She advises finding your own financial success strategy using an upcoming quiz