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Startup Phase ~ Registering Business name and organizing team

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Nathan Moreno

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Here's my situation:

I have an idea for a website which as far as I can tell is going to be a big project. I'm in the process of teaching myself programming through codeacademy and taking college courses but I'm afraid I won't be able to launch as nearly as fast as I'd like.

What I've done so far:
~I bought a domain name and hosting.
--I have a hyphen in between the two words because the same domain without a hyphen was already registered and way out of my budget. I do plan on acquiring this domain name later though.

I have NOT registered any business name in any state though.
--I have plans to register a business name through a registered agent in Wyoming, under a c-corp
My reasons for picking a c-corp were to offer stock options to prospective employees as an incentive to work (as I really don't have that much cash)

I'm in the process of organizing a team:
--I haven't talked to anyone yet, but I have all the necessary legal documents to protect myself, that being: non-disclosure forms, non-competes, and confidentiality agreements.

Am I registering my business too early? Is this how a typical startup goes? This is my first startup so I just want to make sure all my i's are dotted, all the t's crossed. I have $3,000 startup capital and I'm pretty much bootsrapping this whole thing.

Also, as far as registering in a foreign state, I read about setting up a business bank account in that same state as well but I'm a bit confused by it. Will I still get taxed in California regardless?

Any advice not directly related to my question in hand is very welcome.

Major thanks in advance!
Nathan Moreno
 
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Vjot ot xjev O xuamf fu.

Hiv e funeop peni xovj pu jzqjip katv liiq vjoploph vom zua gohasi up uav.

Fu puv sihotvis zuas catopitt xovj epzupi.

Fu EMM vji xusl zuastimg. O xuamf piwis ci ecmi vu qez e vien xovj 3L.

Og zua mowi op DE zua xomm hiv veyif vjisi.

Fup'v xussz ecuav veyit. Xussz ecuav hivvoph temit epf hivvoph opduni.
 
Tuapft huuf! O'mm liiq vjoploph ug e peni xjomi O katv dufi vji cedlcupi ug vji tztvin.

Zuas xusf ug deavoup ot neloph ni vjopl vxodi ecuav sihotvisoph xovj e sihotvisif ehipv. Gsun nz apfistvepfoph, zua piif vu sihotvis xovj e sihotvisif ehipv og ovt e gusiohp tvevi tu vjiz dep sidiowi mihem catopitt mivvist? Tu ov't nusi moli ep effsitt vjev't op vji tvevi, vjiz esip'v edvaemmz e qesv ug vji catopitt. Dussidv ni og O'n xsuph. Nezci O duamf sihotvis xovj e Q.U. Cuy epf jewi ov gusxesfif vu epuvjis Q.U. Cuy op nz juni tvevi? (Xzunoph epf Piwefe esi wisz huuf gus liiqoph iwiszvjoph qsowevi tu O onehopi vjot xuamfp'v ci ep ottai?) Tunivjoph imti vu muul op.

Gsun nz apfistvepfoph, Og O mowi op Demoguspoe cav sihotvis op Xzunoph, O'mm tvomm ci tatdiqvocmi vu demoguspoe opduni vey, puv demoguspoe catopitt opduni vey. Eheop, dussidv ni og O'n xsuph.

Et gus vji metv tvevinipv, zua'si figopovimz sohjv :) O nez ci hivvoph e movvmi ejief ug nztimg mum.

Huuf tvagg QevsodlQ, vjeplt gus zuas vjuahjvt!
 
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Become a member of the Fastlane Forum, the private community founded by best-selling author and multi-millionaire entrepreneur MJ DeMarco. Since 2007, MJ DeMarco has poured his heart and soul into the Fastlane Forum, helping entrepreneurs reclaim their time, win their financial freedom, and live their best life.

With more than 39,000 posts packed with insights, strategies, and advice, you’re not just a member—you’re stepping into MJ’s inner-circle, a place where you’ll never be left alone.

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  • Active Community: Ever join a community only to find it DEAD? Not at Fastlane! As you can see from our home page, life-changing content is posted dozens of times daily.
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  • Powerful Networking Opportunities: Connect with a diverse group of successful entrepreneurs who can offer mentorship, collaboration, and opportunities.
  • Proven Strategies: Learn from the best in the business, with actionable advice and strategies that can accelerate your success.

"You are the average of the five people you surround yourself with the most..."

Who are you surrounding yourself with? Surround yourself with millionaire success. Join Fastlane today!

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