Comment Youre going to get a lot of stupid advice. (Score 3, Informative) 176
Heres the deal :
Youre going to get the following advice :
1. Hire a professional to run/manage/accountant/payroll etc and you can never do anything properly.
2. Youre an idiot - stop dreaming!
Both pieces of advice are flat out wrong.
To start an actual business you dont need professionals, funding or being extra smart. What you do need to do is not listen to idiots and learn. thats it.
Heres what you do :
1. Start your business. That is - go out into the world and find someone willing to pay you CASH MONEY in large chunks for doing something. Thats at least $2000 cash on delivery of x product.
2. Put that $2000 towards your business expenses. Now go find a lawyer who incorporates businesses federally with $2000 AND make sure you have enough of it left over for a mailboxes etc address, domain name, google apps subscription for mail, web address, business cellphone and rental meeting room in a office rental place. This is your "Start up capital" or "Seed round".
3. Now go develop that product yourself. Send it to your client. be prepared to gain $0 from this transaction since your client will likely dump you after seeing that first product.
4. Develop the product some more while looking for other clients.
5. If you find any, congratulations ! You have a business!
This is how I started several years ago. Bottom line is in 2 weeks you must be break even and in the first month you must have enough to meet payroll. If you do youre fine.