In a divorce, a social media following isn't split between partners. Instead, a creator's account is typically held within a corporate entity. While the entity itself is a marital asset and its generated income is divisible, the account and its followers remain with the creator, as they are part of the business.

Co-founding a business is often harder than a marriage, yet receives far less diligence. The probability of two individuals maintaining perfect alignment on effort, finances, and vision over many years is incredibly low, making solo ventures statistically safer.

A founder is never truly without a boss. If not shareholders or a board, the customers ultimately dictate the company's direction and success. This mindset ensures a customer-centric approach regardless of ownership structure, keeping the business grounded and responsive to market needs.

Many entrepreneurs miss that a portion of their home cleaning service is tax-deductible as part of the home office deduction. The rationale is that any commercial office lease would include maintenance and cleaning costs, and the home office is no different.

Most new entrepreneurs wait for revenue before formalizing their business with an LLC or hiring an accountant. The savvier approach is to establish this legal and financial foundation from day one, even before profitability. This professionalizes the venture immediately, forces a serious mindset, and builds a solid base for future growth.

To preserve your ability to make tax-deductible retirement contributions for the current year, you only need to *open* the account before December 31. You can then wait until you know your final tax liability (up until the April tax deadline) to decide the exact amount to contribute.

Don't rush to form an S-Corp. The tax savings typically don't outweigh the added costs and complexity, like running payroll, until your business is generating at least $60,000 to $80,000 in profit. Before that, a sole proprietorship or standard LLC is often more efficient.

The idea of a solo founder running a billion-dollar company is more a marketing gimmick than a future reality. While technologically feasible with AI, individuals won't want to handle all the associated operational burdens like bookkeeping and taxes. The logical endpoint of AI automation isn't a one-person company, but a zero-person, fully automated business.

To overcome cash flow issues for large purchases, small businesses can offer a 'Special Purpose Vehicle' (SPV) to loyal customers. A customer fronts the capital, gets repaid first from the sales, and then splits the remaining profit with the business, turning patrons into financial partners.