Got a partner to register as LLP. Limited Liability Partnership. Its a new form of entity. Partners are protected from any losses being personal. If someone sues the company, the plaintiff can only take whatever is in the company. Not my house, my money, or my guitars. I actually thought that if I get sued, I will pull out the money quickly and pay myself as a salary.
At the moment, I had already registered my company name to the government, which cost $168. Now I am waiting for my partner to endorse it. Not sure if the government will still reject it. If rejected, I waste around 10 USD on domain name, and I also don't know what will happen to the S$168 I paid. Just hope all goes well. I am concerned it will be rejected because it might contain an offensive word in the company name. Anyway, I use namecheap.com to book my company name. It is very user friendly, and dirt cheap compared to others.
It feels good to see me appointing myself as a manager. It is really a totally different feeling. You see yourself as someone who takes charge of something, which have the chance of being pretty big. The road ahead might be bumpy, and I hope I challenge it strongly. It should be a life-changing experience.
Once the company is registered, hopefully by tomorrow, next up will be the real deal. Creating the products, liaising with manufacturers in China, and getting it into the hand of customers. It is a very unforeseeable and uncertain road ahead. But if I never try, I will never know. I am making something that I really want to see in this world, something that I am frustrated about not being able to find. So I become the solution to this problem. There is no turning back, and I will let things unfold itself. It will be a test for me, and a prove for me to be something. Whatever happens, it is not an end, but it will be a great experience. I feel more alive now.
Once again, I find comfort in this song. The words are really encouraging, and makes me feel easier with risks. It is the song many Chinese businessmen like. I understand why, even though it makes me feel very uncle, hahaha.
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