The 2% Tax Strategy Every Entrepreneur Should Know - with Mike Milligan, CFP

What if the secret to building wealth wasn’t working harder—but paying smarter? In this episode of The Proven Entrepreneur Show, host Don Williams sits down with Mike Milligan, Certified Financial Planner and founder of 1 Oak Financial, to unpack the tax strategies and mindset shifts that helped him build a multi-million dollar business—while legally paying just 2% in total tax. Mike shares his journey from counting cash in coffee cans for his grandmother’s cornbread sandwich hustle to becoming a bestselling author of The One-of-a-Kind Financial Plan . You’ll hear how desperation sparked innovation, and how real-life lessons shaped his mission to help entrepreneurs build wealth and reclaim time. Topics Discussed: The financial mistake entrepreneurs make (and how to fix it) Tax-saving strategies like the Augusta Rule and Section 179 depreciation Why Mike moved to Puerto Rico for tax optimization A real-life case study: how a realtor went from $40K to $1M net worth The importance of working with entrepreneurs—not employees Listener Benefits: Learn how to legally reduce your tax burden Discover practical wealth-building strategies Get inspired by real transformation stories Understand how to reclaim time by outsourcing Hear why working with entrepreneurial advisors matters Whether you're a founder, real estate agent, B2B leader, or aspiring entrepreneur, this episode delivers actionable strategies and real-world wisdom to help you thrive financially.

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The 2% Tax Strategy Every Entrepreneur Should Know - with Mike Milligan, CFP is an episode from The Proven Entrepreneur by Don Williams.

This episode is 20:08 long.

This episode was published on Oct 27, 2025.

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