Never forget that there are...
Never forget that there are thousands of businesses, like Jim's Fish Bait Shop in a shack on a beach somewhere, that are doing just fine without corporate formalities. As your business grows, never let the leeches sucker you into all that stuff they pretend you need. They'll play on your fears, saying that you need this stuff to protect yourself against lawsuits. They'll scare you with horrible worst-case scenarios. But those are just sales tactics. You don't need any of it.
Derek Sivers
Added on: December 12, 2011
This is the source.
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