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My Experience: Steps I Took to Start My Company

My Experience: Steps I Took to Start My Company

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In this episode, I discuss how I started out my self-employed journey 13 years ago (summer of 2009).

 

  1. Spoke with friends of my who were independent consultants
  2. Found Client #1
  3. Left full time job in August 2009
  4. Started working on a project for Client #1
    1. Tracked hours in Excel
    2. Notes about work in paper notebook (low tech)
  5. Setup LLC
    1. Picking a name was hard
    2. Got my Employer Identification Number
  6. Opened a Checking account for the Business (Multi-national bank)
    1. Moved following year, so was nice it wasn't a small local bank
  7. Got a Credit Card for the Business
    1. One of my first purchases was Quicken Home & Business to invoice and keep finances organized
  8. Got domain name and email for the business
    1. Company name was really too long for domain and email
  9. Got an accountant
    1. Local accountant (found on CPA website)
  10. Got a lawyer to review contracts
    1. Referral from a friend that has been an independent for years

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