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Technically, if after paying the lawyers and CPAs, you turn a penny of profit, it's a profitable move. More to the point, if you work for someone, and can poin
by jbooth 16y ago
Technically, if after paying the lawyers and CPAs, you turn a penny of profit, it's a profitable move.
More to the point, if you work for someone, and can point to that penny of profit after paying your own salary, you just justified your own employment.
- a5seo 16y agoah, but no. it depends on your "cost of capital" -- attention and time are the most costly things in my life, so anything that consumes them need produce much more than a penny of profit.
- jbooth 16y agoThat holds if you're a dynamic startup. Most of the money, and certainly most of the money to be conserved by avoiding taxes, isn't going through dynamic startups.