it's not really day 9 any longer. it's much farther along. there is no plan or work on a plan yet. because it's an all new ball game.
so, i'm staying in Praha. as i was telling a friend about my idea for a website, he hooked onto a small part of the idea that i had yet to seriously consider... a real world function.
this friend liked the idea so much that we are now business partners. we're working on setting up a company and despite the fact that i will be back in the states for two months, it won't be a lazy two months as my time in the U.S. usually is. i have many things to do relating to this business.
first and foremost, we need to acquire the capital. the start up costs for this company will be much smaller than what i was perceiving would have been the start up costs for the website. small enough that between the two of us, we can start it up fairly easily with only minimal bank loans.
so, when i am in the states, i'm going to sell my car. i offered it to my dad and he seemed interested, but i need the capital from the car so he'll either have to sell his other cars and give me some of that money or i'm going to sell my car. i actually spent my own (inherited) money to buy the car initially, so it is mine to sell... even though it is registered in both my father's and my names.
anybody wanna buy a '99 Honda Civic with low miles and great gas mileage? heh heh...
i also don't need my dvds any longer. anybody wanna buy some dvds? most of 'em are unwatched or watched once, so they're in excellent condition.
i also need to contact certain U.S. companies regarding their products, cross-marketing, etc etc.
so, we'll see. it's proving to be a great learning experience so far. plus, having a business partner is keeping me motivated because we're both driven, but i get lazy if i'm working alone. having the responsibility of keeping my share of the partnership going keeps me moving at a higher speed - this is definitely a good thing.
Posted by iain at November 10, 2005 02:00 PMWho is this mysterious partner??
Is the Honda a five speed? I could be interested. I'm going to sell my del Sol because I can't stand not having a back seat any longer. How much do you want for it?
Posted by: Elizabeth at November 11, 2005 05:34 AMNot sure what exactly the business plan is, but I do still owe you for the SweeTarts and the books. Not that I have any money, but I am taking Corporations (the class) at University of Virginia Law School. I might be able to give some advice. Or not. But I am curious what you have in mind.
More to the point: Were you planning on attending our 5-year Carleton reunion?
If you are going to incorporate (which you will have to do once the business starts earning money for tax purposes) you will have to decide what state to incorporate in. I can certainly help you with Indiana and that's it.
I know nothing about how you will deal with it if you incorporate outside of the US. I do know that if you want to do business in a state, you will still have to be registered with that state's secretary of state.
Posted by: Elizabeth at November 14, 2005 10:31 PMafter helping a friend pack his bags for a big move to chicago, here's what i have to say:
we're setting up the company here in the C.R., so unless you know something about czech laws and the damn bureaucracy that is so pervasive in the gov't here, i'm afraid you can't help... thank for the offers though!
and yes, i'm PLANNING on attending the 5-year carleton reunion. :)
now, at some point soon, i might just fall asleep.
Posted by: iain at November 15, 2005 05:40 AMAnd what about the car?? (You know, in response to the first comment!) ;)
Posted by: Elizabeth at November 15, 2005 09:39 PMi'll be home (b-ton specifically as opposed to the U.S. in general) in two weeks exactly. we'll talk then about many things including the car!
Posted by: iain at November 16, 2005 04:32 PM