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  1. Tom.V

    E-Commerce from Start to Scale to... (Sold?)

    GOLD! 
    Love this! Instant gold thread @MJ DeMarco @Vigilante. This baby needs some visibility. Thanks for sharing the journey @1step.
  2. Tom.V

    Tired of Paying Taxes? Move Your Business to Puerto Rico

    TAXES | REGS 
    I haven't had a chance to make it out to Dorado yet though I have heard nice things from several friends. My only qualm with Dorado was the fact that it is so isolated. Personally I like the nightlife and it was just too far for me to justify. I've been to Palmas in Humacao on the east coast...
  3. Tom.V

    Tired of Paying Taxes? Move Your Business to Puerto Rico

    TAXES | REGS 
    All is well down in El Caribe. It's a pretty interesting place to say the least. I finally got myself some office space and have been dealing with PREPA (electricity authority in PR) and they are the F*cking worst. Took a month to get power turned on. Outside of that though things are solid but...
  4. Tom.V

    12 Reasons Why You Can't Scale Your Store (Video)

    MARKETING 
    I put together this video earlier as there are several common themes I come across over and over working with ecommerce stores. Some of the advice contained within may be akin to beating a dead horse, but they are all absolute requirements once you are spending >$10,000/mo in ad spend. Abandoned...
  5. Tom.V

    Taxes - Strategies or Techniques to Lower My Tax Bill?

    TAXES | REGS 
    As @ZCP said, plan for it at the beginning of the year. The best strategies to lower your tax burden require exactly that, solid planning and execution a year ahead of time. Just so far this year I've saved more in taxes than my take home was last year by doing exactly that.
  6. Tom.V

    Hurricane Dorian

    OFF-TOPIC 
    Dorian went from a tropical storm to a Cat 1 as it was moving over the Eastern islands here in Puerto Rico. Luckily here in San Juan it missed us by about 30 miles to the North. My family back in NC on the other hand are currently prepping to evacuate as they live on the sound which subjects...
  7. Tom.V

    Undercover Billionaire, My Take on the Fake...

    HOT! 
    If it works for Saul Goodman...
  8. Tom.V

    "Hustle House": What would you want living-wise as an entrepreneur?

    HOT! 
    What's wrong with a little hedonism? Why go through all of the risks of entrepreneurship and embarking on this journey, day in and day out, if you can't enjoy the spoils of war from time to time? Having been in San Juan for the past 6 months with @RayAndré & @UnrealCreative, I'd recommend it to...
  9. Tom.V

    Forum Self-Promotion Opp: Offers, Links, Your Business, More! (July W3/W4)

    SELF-PROMOTION 
    In the last 30 days we have helped our clients generate more than $1M in revenue across Google Ads, Microsoft Ads, and Amazon Ads. We're looking for new clients to take on that want to aggressively grow their brands or businesses. If you've got an amazing product or brand we will work on a...
  10. Tom.V

    Quit my job, living in the fastlane. (How I Set Myself Up To Quit)

    GOLD! 
    I've said it before but I'll say it again, congrats my friend! No turning back now, you're finally unleashed. Looking forward to how you continue to build upon your success.
  11. Tom.V

    Tired of Paying Taxes? Move Your Business to Puerto Rico

    TAXES | REGS 
    For the first part as an Act 20, hard to say as your setup would have to be in line with the language on the decree. Sounds messy and may not be doable. I'd consult with a pro. For the second part yes you would still pay capital gains based on pro-rata. How long the business existed and...
  12. Tom.V

    Tired of Paying Taxes? Move Your Business to Puerto Rico

    TAXES | REGS 
    Puerto Rico is just a different place. I moved from Raleigh, NC. From the south to el Caribe. It was a welcomed culture shock IMO. I had been practicing my Spanish for some time prior and heavily researched the area before jumping. Now I feel perfectly at home. I love the networking down...
  13. Tom.V

    Tired of Paying Taxes? Move Your Business to Puerto Rico

    TAXES | REGS 
    Yeah, the incentives are pretty incredible. There's a flood of new people coming to the island almost all the time from what I have heard on multiple fronts. Here you do have minimum wage. But from what I've been told from several people here is it's around 30% less than what you would expect...
  14. Tom.V

    Tired of Paying Taxes? Move Your Business to Puerto Rico

    TAXES | REGS 
    Are you living in the US? Sick and tired of paying obscene corporate, dividend, capital gains, and personal taxes? Do you like warm weather, beautiful beaches, and beautiful women? You might want to look into Puerto Rico. But let’s back up. It was about a year or so ago I really started...
  15. Tom.V

    How to legally pay no taxes... possible?

    HOT! TAXES | REGS 
    Yeah, just on the point of the salary question, to maintain compliance with Act 20 you DO need to take a reasonable salary. That is in its current form. They have changed Act 20 several times since 2012 so that may have been added more recently. Other things that have changed is you only need 1...
  16. Tom.V

    My Experience in Digital Marketing

    MARKETING 
    All of these digital marketing is dead threads are making me want to start a digital marketing sales agency. Once I move to PR, I might just do it. The need is more than verified in the market, I literally hear it being screamed from the rooftops day in and day out. End of the day it comes down...
  17. Tom.V

    Is anyone doing a pay-for-performance model?

    Typically, nah. However, if a prospect comes around that I KNOW we can blow out of the water given their market, business setup, competitive advantage, then different story. Even then, the model is akin to the story of Icarus. When you do gain traction and really start digging into it, you can...
  18. Tom.V

    How to legally pay no taxes... possible?

    HOT! TAXES | REGS 
    Spoke to a guy I was referred to today. Feel free to reach out for his contact info. Really learned a lot from the conversation and I'm sold on the idea. 4.2% tax rate locked in for 20 years with act 20 plus no capital gains with act 22. How is this for real? I'll be starting the process in...
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