2 ms·
I recently registered an LLC, and opened a separate bank account. I did it because I didn't want to "cross the streams"... however it felt more like a switch w
by swalsh 11y ago
I recently registered an LLC, and opened a separate bank account. I did it because I didn't want to "cross the streams"... however it felt more like a switch was flipped in my head, and so far that's one of the biggest benefits.
Where as before when I had to spend some money for the business, it was very difficult on an emotional level. I'm not the kind of guy who doesn't spend money if he doesn't have to. However once I was spending money out of the business account, it was easier somehow. My mindset was now a matter of "will this help me grow the business? sure, let's go for it". Instead of "Can I accomplish the same goal without spending the money?"... which there is almost always a way to do.