Every now and again we get invited to one of our own events.
This sake tasting with Silicon Valley Bank and T3 Advisors was right up there with the best invites we’ve ever scored at Proximate.
Dr. Monica Moore, a psychologist at Webster University in St. Louis, has conducted research on the flirting techniques used in singles bars, shopping malls, and places young people go to meet each other. She concluded that it’s not the most physically appealing people who get approached, but the ones who signal their availability and confidence through basic flirting techniques like eye contact and smiles. Just signaling your interest in someone gets you halfway there, whether you’re a man or a woman.
I elected to form an S-corp because I anticipated the possibility of someday taking venture capital funding, which generally entails a C-corp structure. This switch is a much easier one-step process with an S-corp – you’re basically just un-checking a box on your IRS forms – versus the added expense ant time of dissolving the LLC and re-forming the entity later. Lost time kills start-ups. Although I probably do a bit more paperwork than I would have with an LLC annually, the added flexibility in that one area is worth it to me.
We get incorporations questions from new founders a lot when we’re at meetups or shared office spaces.
Truth be told, continuing as long as you can with informal structures isn’t a bad idea; however when paying salaries or handing out stock, you can get the incorporation work you need done for under $200 online. Many law firms will also do the work for free if they see value in your business model and anticipate future work.
One of the things that works really well for me is to “act as if.” Act as if I really was respected and liked by the people in the room. Act as if they wanted to hear what I have to say as much I want to listen to what they have to say. Act as if we’re old friends who are trying to reconnect. Acting as if until I am that comfortable.