Third and Long Coaching derrick@thirdandlongcoaching.com

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Starting Your Own Business

July 6, 2017

 

 

Most people dream of owning their own business.  No little kid ever says, "When I grow up, I want to work for a crappy boss and deal with an hour commute everyday".   As much as most people fantasize about working for themselves, the majority of people never take action.

 

Lack of action is the only thing that separates you and millions of other successful business owners in the world.  You can become a business owner in less than a day.  Here's how simple it is:

 

1.  Decide on a name for a business

 

2.  Check your state's registry to see if the business name is already taken.  Most states have a website where you can search for a business name to see if it already exists.  Most business owners choose to form an LLC, but pick what is best for you.

 

3.  After you find a business name, file the correct paperwork.  You can do this yourself as most states have these forms online, or you can print them out and mail them in with your appropriate filing fee.  For our business, we chose to use Legalzoom to file the paperwork.  Sure it's a little more expensive than filing the paperwork yourself, but we wanted to make sure it was done correctly.

 

4.  Your paperwork from your state should come back in less than a month, officially recognizing the name of your business as a legal entity.

 

Just like that, you're a business owner.    Simple, right?

 

What other excuses are you going to come up with to put off a chance at financial freedom?

 

 

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