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There is got to be the way to solve this ... Help needed!

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fastmil

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Hi Fastlaners,

I need an advice from you. I have done a lot of research, asked a few people, asked a lawyer(he didn't respond), asked ... No one knows, they are just guessing.

Sorry for the long blog post. You can just skip to Problems #1,#2 and see if you have the answer.

Background: I am a international student in Canada. I come from a small country in Europe. I got a scholarship through basketball and that is why I decided to come here and get a degree. I was an ordinary student who wanted to find a job after graduation, but then I read TMF and it completely changed the way I think. After TMF , I read few other books HTGR (Denis Felix) , Rich Dad Poor Dad, Think and grow rich ... All of them shaped the way I think. I changed my major to business in order to learn as much of the basic stuff as possible since I am "forced" to finish studying here if I want to start a company, or I can just go back home where is poverty and a small chance to succeed as an entrepreneur. We are talking about high crime rate , 400$ average monthly income per household...

I got to know myself better, finally set some goals and decide what I really wanted.
Now, I read TMF about 1 months ago. Before that I used to design logos on a website called 99designs and earned around 600$/month and that was enough to cover my student expenses.
I have also got into website design and development and online marketing. I am just a beginner at online marketing, but am learning a lot of new things from day to day.
I started few websites in the past, but none of them were a success since I didn't know how to rank them.
I started a new website now and am experimenting with what I am learning - I am improving really fast.

To cut the long story short, I wanted to immediately start my own company and start finding customers that wanted their website redesigned and ranked. I am really confident about this. I would target a specific niche with a huge need for this. I don't know if you watched Shark Tank a few weeks ago, but I got the idea from Real Estate Webmasters. I would do pretty much the same job as them in a more creative way and different niche. Then I came upon this huge problem:

Problem #1: Since I only have a Study Permit (Visa), I am not allowed to start my own business. I have spent weeks trying to find a solution to this problem. I found an article about this guy who was also an international student in canada and who started his own company. I reached to him through LinkedIn and he told me that there is no way to do this unless I get a Work Permit. In order to get a Work Permit I need to graduate first (3 more years). There is no other way apparently (at least I haven't found it).

Does anyone know a solution to this problem?

There is a similiar post on this forum where you guys adviced a student who is in a similar situation as me to partner up with a country citizen and then start a company. I checked and that is also not allowed.
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I also had this other idea which would cover all of my expenses for company. I have the whole picture in my head. I want to design few websites, rank them and then monetize them. It is not an easy job but I can do it. I started working on it but then came upon another problem:

Problem #2: I would have different income streams on those few websites, but most of them would be subscription based. In order to receive money through PayPal, I need to have a business acc. In order to do that I need to have a Social Security Number. The next day I went to some government building (not sure of the name), filled all the paperwork and applied for SSN. Few hours later I obtained a SSN. Didn't try to open an account again because I came upon another problem. In order to make it legal, pay tax, I have to start a company here, open a company bank account and then connect it to PayPal which leads us to - PROBLEM # 1.

Anyone knows the solution?

Is there any other way to receive money from these websites?? If I can solve that, it is not a problem for me to wait until graduation(3 years). During that time I would work on my communication,marketing, selling, leadership, product creation, and other skills to be completely "ready" to start a company when I get a work permit.

Sorry for the long post. Let me know if I confused you with details. English is not my native language.

Regards!

Jovan
 
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Membership Required: Upgrade to Expose Nearly 1,000,000 Posts

Ready to Unleash the Millionaire Entrepreneur in You?

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.

Become a member and gain immediate access to...

  • 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.
  • Exclusive Insights: Direct access to MJ DeMarco’s daily contributions and wisdom.
  • 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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