In typical Silicon Valley fashion, Stripe Atlas is nothing new. For example, their services include the necessary incorporation process for startups. This includes a remote service to set up a both a merchant and business bank account and create a Delaware C Corporation. Stripe Atlas offers legal and tax services. That’s why I’ve written this article to shed some light on why Stripe Atlas is a bad idea for online businesses. In the fast lane, living life without knowing That’s when I start singing the words of Echosmith’s song: And they don’t factor in the consequences of such a decision. Like all things that the cool kids jump into, people have been throwing caution to the wind when it comes to Stripe Atlas and of course the Stripe Atlas community and their registered agent fees. They’re the cool kids with their trendy blanket solutions… like Stripe Atlas. The ones who think they’re smarter (i.e., cooler) than everyone else will always suffer because they “don’t need your help.”
In my years of personally helping hundreds of people with their offshore businesses, taxes, and investments (and wading through applications from over 100,000 folks seeking to work with me ), I have found that there are certain types of people who just can’t be helped. So, here’s my advice to you: If you have been considering Stripe Atlas for your business, reconsider. What have I done instead? I’ve run five profitable companies and built a pretty substantial seven-figure net worth.
Having been raised by a financially literate father who taught me the power of humility and paying for good advice, it has taken me a long time to realize just how rare his advice truly was and how few people follow it.Īs a result, I was never very popular. ‘Cause all the cool kids, they seem to fit in I wish that I could be like the cool kids It was the newest shiny object on the never-ending list of popular offshore solutions that are habitually paraded about as the panacea for your every need, joining the ranks of programs like Estonian e-residency and e-companies, as well as banking with FinTechs like Revolut and N26.Īs Stripe Atlas rolled out its services, I could already hear the folks waiting in line to sign up, frantically tracking their application through the Stripe Atlas dashboard, eagerly singing along with Echosmith: When Stripe Atlas came out in early 2016, it was the cool kid on the block. Unfortunately, the people who have signed up for Stripe Atlas were probably never taught these lessons. Be humble enough to recognize and accept what you don’t know and pay to get the proper, quality advice that you need.Instead, they gave me two invaluable principles for both life and business that have helped me make more money than they ever could have given me on their own: They weren’t in the habit of handing out money simply because they had it.
0 kommentar(er)
