Show Notes
8 years ago, John Saade was 170kg, severely overweight, unhealthy, depressed and heading in the wrong direction. Now, at 40 years old, he is stronger than he has ever been and has just competed in his first local powerlifting competition, which he won. In this episode, John walks through his first ever powerlifting comp, including his squat, bench press and deadlift attempts, the nerves of competing, the role of his coach Bethany Parker, and what it took to hit a 560kg total. He also opens up about his weight loss journey, going from 170kg to 88kg, weight loss surgery, reversing his gastric bypass, rebuilding his strength, dealing with health setbacks, and why powerlifting became the goal that helped him stay accountable. This is a story about discipline, consistency, obesity, strength, fatherhood, business leadership and refusing to go backwards. This episode covers: John’s first powerlifting competition Squat, bench press and deadlift attempts Winning his first local comp Going from 170kg to competitive powerlifter Weight loss surgery and reversal Why John chose powerlifting Training with Bethany Parker Recovering from a gallbladder attack before comp Discipline, consistency and doing hard things Why John is documenting the journey publicly 00:00 From 170kg accountant to powerlifter 00:30 John’s first powerlifting competition 00:47 Squat attempts 02:05 Bench press attempts 03:55 Deadlift attempts 05:15 What comp day is really like 06:30 Why having a coach matters 08:05 John’s weight loss story 11:25 Gastric bypass and side effects 12:55 Why John reversed the surgery 15:05 Why he chose powerlifting 17:20 Chasing nationals 18:20 Current training program 22:40 Gallbladder attack before comp 26:15 Making training non negotiable 27:10 Discipline and consistency 29:50 Why John is documenting the journey Need an accountant? GET A FREE CONSULTATION FOR ALL ABN HOLDERS https://forms.zohopublic.com/john205/form/GENERALENQUIRYFORM/formperma/VYEBrsCV_ompEVvnkA0eygWlJxXO5OajFsjjngf_jzw OUR SERVICES https://latitudeaccountants.com.au/accounting-services/ [email protected] TikTok https://www.tiktok.com/@latitudeaccountants Instagram https://www.instagram.com/latitudeaccountants/ YouTube https://www.youtube.com/@LatitudeAccountants LinkedIn https://www.linkedin.com/company/latitude-accountants/ Facebook https://www.facebook.com/latitudeaccountants/ Website https://latitudeaccountants.com.au/ John Saade is the CEO of Latitude Accountants. Outside of accounting, business and leadership, this series follows John’s personal powerlifting journey and his goal of rebuilding strength, discipline and health. This content is for entertainment and personal experience only, not health, medical, fitness, financial or tax advice. Speak with a qualified professional before making decisions about training, nutrition, weight loss surgery, your health or your finances. Chapters
More from The Lat Chat
ASIC MoneySmart has plenty of advice on how Australians should budget, save and manage their money. But how realistic is it when you actually try to follow it?
In this episode of The Account Rant, John Saade sits down with Bethany Parker, a national bench press champion, two time world powerlifting champion and John’s own powerlifting coach, to break down some of the most controversial techniques and rules in the sport.
Running your business through a company can be a great structure, but using that company incorrectly can create tax problems you never expected.In this video, Jacob Fahmy breaks down five of the biggest tax mistakes he sees company owners make, including treating company money like personal money, paying super late, buying vehicles through the company without considering FBT, ignoring ATO lodgements and leaving tax planning until after the financial year has ended.Jacob explains how Division 7A can apply when company money is taken personally, why unpaid super can create additional costs and director consequences, and why putting a car through the company does not automatically make it a good tax strategy.He also explains why lodging your BAS on time matters even when the company cannot immediately pay the debt, and why proper tax planning needs to happen before 30 June while there are still decisions available to you.The key takeaway is simple: having a company does not automatically mean you have a good tax structure. You still need to understand how money comes out of the company, when your obligations are due and the tax consequences of the decisions you make.Need an accountant?GET A FREE CONSULTATION FOR ALL ABN HOLDERShttps://forms.zohopublic.com/john205/form/GENERALENQUIRYFORM/formperma/VYEBrsCV_ompEVvnkA0eygWlJxXO5OajFsjjngf_jzwOUR SERVICEShttps://latitudeaccountants.com.au/accounting-services/[email protected]://www.tiktok.com/@latitudeaccountantsInstagramhttps://www.instagram.com/latitudeaccountants/YouTubehttps://www.youtube.com/@LatitudeAccountantsLinkedInhttps://www.linkedin.com/company/latitude-accountants/Facebookhttps://www.facebook.com/latitudeaccountants/Websitehttps://latitudeaccountants.com.au/This content is general information only and does not constitute financial, tax, accounting, legal, property or business advice. Speak with a qualified adviser about your own circumstances.#CompanyTax #Division7A #FBT #ATO #BusinessTax #TaxTips #Accountant #LatitudeAccountantsChapters00:00 5 Company Tax Mistakes00:42 Mistake 1: Treating Company Money as Your Own03:02 Mistake 2: Paying Super Late04:52 Mistake 3: Putting Your Car in the Company07:12 Mistake 4: Ignoring ATO Lodgements09:00 Mistake 5: Not Tax Planning10:49 How to Avoid These Tax Problems11:38 What’s Coming Next
Sydney’s property downturn is showing more signs of stress, with auction clearance rates falling sharply, sellers discounting, borrowing capacity tightening and unemployment moving higher.
In this episode of The Account Rant, John Saade and Catarina Santini break down where the money actually goes when a business is profitable on paper but the cash seems to have disappeared.