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  1. Esquire

    Preserving Wealth, My #1 Tip. Don't Get Married! (Or Maybe You Should?)

    NOTABLE! 
    "She" might say that ... "whatever you want" ... but a divorce court judge ... may be of a very different mindset. Putting your money in an offshore account does you no good. The judge can place you under arrest for civil contempt indefinitely. Whenever you feel like making a big fat ATM...
  2. Esquire

    Preserving Wealth, My #1 Tip. Don't Get Married! (Or Maybe You Should?)

    NOTABLE! 
    Agree 100% with @DreamsCameTrue and @Journey2Million$. I think getting married -- is one of the most insanely reckless things an entrepreneur can do. Few things can more completely and arbitrarily divest an entrepreneur of his or her heard-earned wealth than divorce court. I see it all the...
  3. Esquire

    .Club Domains

    WEB/DIGITAL 
    Hmmmm ... the more I think about it ... the more I am starting to think the .com version is probably the best bet for hosting the site ... but the .club domain is still good to have for ads. In other words ... if I use "SapphireStrip.Club" in ads ... I can use a larger font ... because it...
  4. Esquire

    .Club Domains

    WEB/DIGITAL 
    Metaphorically speaking ... I own (both) SapphireStrip.Club ... AND SapphireStripClub.com. My initial thinking is to forward the .com version to the .club domain. Not sure. Ideally ... I might have preferred "Sapphire.com" (already taken by business in another field) or perhaps...
  5. Esquire

    Legal Issues

    There are a number of reasons why you might prefer to be taxed like an S Corp ... particularly if you are a high income earner ... or if want to roll over corporate profits from one year to the next at a lower rate of taxation. And there are other legitimate reasons why you might prefer to...
  6. Esquire

    2015 Fastlane Summit, Official Thread

    MEETUPS 
    A word of caution: A lot of people here have expressed excitement about who they met and what they learned at the conference ... and that's great. But don't lose sight of the fundamentals. Not infrequently ... when I spoke with people at the conference and asked them what they were up to ...
  7. Esquire

    2015 Fastlane Summit, Official Thread

    MEETUPS 
    My sentiments ... exactly. :)
  8. Esquire

    Ask a former fat guy who lost 90lbs anything

    AMA 
    How often did your weight loss plateau ... and what did you do about it when it did ...? I sometimes hit a plateau when I diet (low carb) ... and I'll be the first to admit ... it's frustrating when it happens. Any tips?
  9. Esquire

    Legal Issues

    Dont resist the urge. Obey your thirst. Paying Esquire ... is Fastlane! ;)
  10. Esquire

    Legal Issues

    Two other LLC considerations I forgot to mention: 1. If someone sues you ... or threatens to sue you ... you (or your insurance company) might end up paying or settling the claim anyway. In which case ... who cares if you are an LLC or solo ...? $1000 out of your pocket ... is $1000 out of...
  11. Esquire

    Legal Issues

    P.S. Wondering what to do with the first $500.00 saved on filing fees ...? Esquire's got ya covered. Clip em for free!
  12. Esquire

    Legal Issues

    Another consideration is CAN I file an LLC ...? A lot of people form LLCs for businesses that cannot operate as LLCs. There are (in most states) about 150 types of businesses that cannot operate as an LLC. This is true of most regulated professions (for example). So the first thing I would...
  13. Esquire

    Legal Issues

    This assumes a couple of things: 1. They sue you. Litigation costs money. Unless there is a good chance they can collect a judgment ... who is going to spend the money going after you? Just more salt in the wound. Often times (as a consumer protection trial lawyer) people would come to me...
  14. Esquire

    Legal Issues

    I have mixed feelings about LLCs. On one hand ... yeah. They (do) offer "some" (limited) protection from (contractual) liability. But ... 1. No one is going to extend a start-up LLC a line of credit unless the owner personally guarantees it. So there is no protection there. 2. LLCs can...
  15. Esquire

    How do I tell him?

    Why not hand him a copy of TMF and let him reach that conclusion himself ...? Seems like the best approach to me. Just tell him how great the book is ... how he would really love it ... and leave it at that. He'll figure it out (hopefully) ...
  16. Esquire

    .Club Domains

    WEB/DIGITAL 
    Yeah ... I am thinking 90% + of my traffic will come from direct links, member referrals, affiliates and targeted ads. Not aiming much for random traffic from generic search results. Nice if it happens (and I imagine it will) but for my business model ... generic search results are clearly...
  17. Esquire

    .Club Domains

    WEB/DIGITAL 
    In 2014 I launched a niche dating site in Ontario Canada -- a live beta test in anticipation of the US launch in 2015. In connection with the US launch I have decided to re-brand the site. The .com version of the name I had in mind is being cybersquated. So that's off the table. But the...
  18. Esquire

    2015 Fastlane Summit, Official Thread

    MEETUPS 
    P.S. I was really bummed that we did not get to hear @eliquid and @AffPlaybook speak. Both of their topics sounded fantastic. So what's the odds we can convince you two to do a podcast, webinar, or something of the sort so we can catch up on what we missed ...? I know ya must have put a lot...
  19. Esquire

    2015 Fastlane Summit, Official Thread

    MEETUPS 
    Thanks to @Red and @AllenCrawley for all of their hard work in putting this together. Thanks also to all the other speakers for all of the great content. And (of course) thanks to @mjdemarco for the best business book ever. Awesome meeting you. Finally ... thanks to Southwest Airlines ...
  20. Esquire

    2015 Fastlane Summit, Official Thread

    MEETUPS 
    I think I will steal a page out of the @Arrabista play book next time I give an Alimony speech. "Okay ... everyone out of your seat and let's make two rows. Big Foot ... reach into your wallet ... give half of whatever's in there to Little Foot. Little Foot ... reach into Big Foot's pocket...

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