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Posted almost 10 years ago

The first steps

I formed the company as an LLC.

I've found a few friends who were interested in investing.  I learned that finding investors was quite hard.  I was able to put together approximately 100k in funds to form the company.

I created the bank account and began asking for everyone's money.  Not everyone was as willing to actually write a check as were willing to say they would.  I lost my biggest investor and the total funds dropped to 50k.

I spoke to a lawyer this week and he will be writing up the operating agreement or bylaws that would spell out the rules and regulations. There is still time to get in as an investor..hint...hint

I'll keep you informed on my next steps.


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