A couple of questions, and seeking advice. Firstly what should I do if I am nervous to ask help from friends in school because it may seem weird? Additionally how to I let my parents know that this is serious and I want to spend time working on this? For setting it up, how do I register it to the U.S. Government to make it official? Is it possible to create? Such a Business at this age?

  • Texas_Rockets@alien.topBEnglish
    1·
    10 months ago

    You should go to college first. there are things, both in life and business or whatever you’re interested in, that you should learn first.

  • Pgrol@alien.topBEnglish
    1·
    10 months ago

    The good thing is, you don’t have to succeed now. You’re so fortunate to already take the plumge at your age. Just start learning. Build stuff, show it to people, understand how to find problems and the people who has them. Watch and listen to EVERYTHING Y combinator has published. Wish I had that information when I was 15. Would have made such a difference in where I am today

  • alltafvaranlegur@alien.topBEnglish
    1·
    10 months ago

    It’s natural to be not confident at your age. I would just highly recommend Paul Graham essays. I’m 19 and the only regret I have is not discovering his writing sooner. link to Paul Graham essays. Reading this will not only give confidence but basically everything you need to know about startups.

  • VegasPay@alien.topBEnglish
    1·
    10 months ago

    This is probably unnecessary. But I created an LLC in my state and defined ownership among majority managing member partner and minority members. At this time, there is still unclaimed ownership reserved for additional investment and recruitment. So I have been carrying “unspent” ownership percentages that can be used to bring people in for years.

    The single member who holds 51% can’t be outvoted. So never put yourself less than 51%. You can refuse to buy out anybody who wants to cash out their ownership, but it is a smart move to say they can’t sell their percentage for 5 years. You have 49% ownership to bring in talent and investment. And you will always be the boss.

    You friends will have a legal recourse if you try to cheat them, so a piece of ownership is a good way to give them confidence you are not just trying to cheat them out of their labor.