*MyStupidRules.com***

My grandfather was buddies with one of Tucker's main men. My dad even rode in the back of one of the first thirty Tucker automobiles.
Apparently Chrysler bought off a bunch of Tucker's suppliers.

One of these days I'll write more about the Tucker.
(I already have, I just need to dig it up somewhere.)

Back Home

BS Plan

I think my system would serve people best if I just built my own truck chasses, and built the system and truck as a complete unit. It would be stronger, lighter, and have a lower center of gravity for the payloads. If you have already read My Next Truck, you will understand more about how I plan to do it.

Over the years I've heard a fair amount of advice, from people from all sorts of professions and businesses. I listened to their advice and the problem with most of it is that the people were not exactly in tune to how the corporate world actually functions. Most of their advice would actually work if there wasn't any competition out there for the product that they would like to produce. That is if no other company had a product in the same market place. And even if you have a product that is far superior to the competition, things are not going to be as smooth as one could imagine. For instance if you had the new, better and improved product that you are sure the consumers would want, you still have to think about the products that you plan to obsolete.
The products that you plan to obsolete, have investors and share holders who are naturally going to want to hold onto their market share as well as the profits they receive from it. (This is where the big hole is that is in most of the advice I have received from people and later on in the page my story telling will get to that.)

While I still have your attention, I feel I need to skip the BS a little bit and I'll just get to the simple low down on my own little business plan.
It's quit simple, but every one who has tried to give me advice has agreed with me that it would work and it would be much easier and fool proof than anyone else's marketing or advertising strategies.

Sorry, but I cut the hell out of this page because I feel it's in my best interest to keep things to myself. However, as the story goes around here: people are talking about how the money is just going to fall in my hands. But I happen to think I know better because I've heard it all before at least a zillion times. Bottom line, I'm pretty dam sure people are going to have to buy quite a few books before my truck will ever be offer to anyone.

As for me, I just want to be able to build

SMy Next Truck

for myself.

January 8, 2007:
I've been checking into places and ways to incorporate. You'd be amazed at what I have found out. Like how these guys like Rupert Murdoch are able to pay less in taxes with the use of offshore corporations. His parent company is still in Australia which happens to be considered off shore. Did you know that the money from 20th Century Fox goes to the Cayman Islands.
Corporations like Disney pay about 23-27% in corporate tax. Murdouck manages to pay out only 5.7%.

The thing I wanted to do is to be able to sell stock in my own company over the Internet with the use of my sites. Well, I guess the Panamanian government has come up with such a deal, but just trying to stay out of trouble with one government isn't enough, it's the foreign banks you'd have to deal with that scare the hell out of me.

In the US, there is a way of incorporating (SEC Form D) and selling up to a million dollars in stock in 12 mouths. But you pretty much need $50,000.00 in capital already and there is a further amount of paper work to do for each state you want to sell in. And in each state one could find a dead end.
Then there is the whole thing about passing a brokerage exam if you don't want to hand over brokerage fees. There are two states that would be the ones to consider for me. Delaware is better if you plan to go public and have your company listed on the stock market need better protection for the share holders.
But Nevada would be better for a start up company. And someone like me would probably start out with an S-Corporation, and the go standard after the number of share holders exceeds the limit.
To be frank, I haven't allowed myself enough time to learn about how I'd set it up. I feel that I know enough about it to be dangerous at it.

My Next Truck @ Synchro-link.com

Have you seen the other Book Excerpts?