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In The Media

What No One in Silicon Valley Thinks, But You Should?

by Larry Chiang on April 25, 2014

By Larry Chiang 
I listen and read and curate entrepreneurship advice. In my 10,000 articles, I have never heard: “Do proprietorships.” It is not an exaggeration when I say ‘never’.
I advocate them. I, Larry Chiang, like this legal vehicle. For students, I like the concept of a proprietorship. For practitioners of entrepreneurship, I think a proprietorship is a great way to practice. Doing a legal entity where a Silicon Valley law firm inks papers of incorporation = barrier to your practicing.


Larry Chiang (@LarryChiang)
I think proprietorship are adequate legal vehicles for student businesses that take in ~$25-30k this summer #csMajorCRO

Download this IRS form 1040

“Schedule C”

Larry Chiang (@LarryChiang)
For when you hit 15 grand w/your #LCMCC in #ENGR145,……

Doing a proprietorship helps you practice and execute a baby business. I call them “ENGR145, Lemonade and Gua Gua Guacamole…

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