3 ms·
1. I assume you are located in the USA. 2. I assume your side projects will probably not generate a lot of money. Most side projects fail. (That's a feature, n
by philiphodgen 10y ago
1. I assume you are located in the USA.
2. I assume your side projects will probably not generate a lot of money. Most side projects fail. (That's a feature, not a bug).
3. Don't spend money until you absolutely must. Money is energy stored in rectangular pieces of paper. Save your energy.
4. Don't spray your attention all over creation. Focus on one thing -- your side project. Unless your side project is named "ClerkyKiller" :-) do not focus on company formation.
5. You have nooooo idea how much extra work and annoyance you will endure as soon as you touch the legal and tax paperwork system. Stay as far away from it as you can, for as long as you can.
I am a lawyer and I approve this message. :-)