{"id":7002,"date":"2016-03-07T11:30:45","date_gmt":"2016-03-07T15:30:45","guid":{"rendered":"https:\/\/www.duck9.com\/?p=7002"},"modified":"2016-03-07T11:36:48","modified_gmt":"2016-03-07T15:36:48","slug":"spend-that-engr-145-or-and-cs-183e-profit-on-stanford-fanfe","status":"publish","type":"post","link":"https:\/\/www.duck9.com\/blog\/spend-that-engr-145-or-and-cs-183e-profit-on-stanford-fanfe\/","title":{"rendered":"Spend That Engr 145 or, and CS 183e Profit on Stanford FANFE"},"content":{"rendered":"
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By Larry Chiang<\/div>\n
<\/div>\n
Problem: The Profit from a Stanford Class Has Tax Consequence<\/div>\n
<\/div>\n
Old Solution = Don’t execute and do not get validation via sales. <\/div>\n
\"image2.JPG\"<\/div>\n
New solution: spend your #cs183e<\/a> profit at <\/font>#cs183fanfe<\/a> See gsb.stanford.edu\/exed\/doc\/progr\u2026<\/a><\/span><\/font><\/div>\n
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If piano execution and piano music lessons were entrepreneurship education, there would be a 7-10 year period where students would be prohibited from touching keys<\/i>. Because then sound would get produced which could have a taxable outcome #cs183tax solves that by spending that profit over at #cs183fanfe<\/div>\n
<\/div>\n
Tax is real. <\/div>\n
Tax is “What They Used To Not Teach at Stanford Engineering School of Entrepreneurship”. <\/div>\n
– Schedule c<\/div>\n
– 1099 the money in and out<\/div>\n
– basic proprietorship. <\/div>\n
<\/div>\n
Well here you go: “Zero it out”. Zero out and make zero your positive profit by forcing function the money out. Money in -money out =Profit. Now find a place on campus to spend $15-20 grand<\/div>\n
<\/div>\n
<\/p>\n\n\n\n\n
<\/td>\nLarry Chiang (@LarryChiang<\/a>)<\/b><\/td>\n<\/tr>\n
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9\/29\/15, 9:05 AM<\/a><\/div>\n
Strait up F.A.N.F.E. #cs183fanfe<\/a> (u self fund tuition w\/$$ u made doing #cs183e<\/a> @FSAustin<\/a> #SelfFundSellFun<\/a> cc #cs183c<\/a> gsb.stanford.edu\/exed\/doc\/progr\u2026<\/span><\/a><\/div>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

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Or just keep taking piano lessons where you are not touching keys. <\/div>\n

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Here is how to get to profitability<\/div>\n
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<\/span><\/div>\n
<\/a><\/span><\/div>\n

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Here is how to set the bell curve. You get $200 in sales (also known in the piano industry as actually touching the keys). Yes, do and execute a $200 sale. <\/span><\/div>\n

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<\/span><\/div>\n<\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

By Larry Chiang Problem: The Profit from a Stanford Class Has Tax Consequence Old Solution = Don’t execute and do not get validation via sales.  New solution: spend your #cs183e profit at #cs183fanfe See gsb.stanford.edu\/exed\/doc\/progr\u2026 If piano execution and piano music lessons were entrepreneurship education, there would be a 7-10 year period where students would be prohibited from touching keys. […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-7002","post","type-post","status-publish","format-standard","hentry","category-uncategorized"],"post_mailing_queue_ids":[],"_links":{"self":[{"href":"https:\/\/www.duck9.com\/blog\/wp-json\/wp\/v2\/posts\/7002","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.duck9.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.duck9.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.duck9.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.duck9.com\/blog\/wp-json\/wp\/v2\/comments?post=7002"}],"version-history":[{"count":0,"href":"https:\/\/www.duck9.com\/blog\/wp-json\/wp\/v2\/posts\/7002\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.duck9.com\/blog\/wp-json\/wp\/v2\/media?parent=7002"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.duck9.com\/blog\/wp-json\/wp\/v2\/categories?post=7002"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.duck9.com\/blog\/wp-json\/wp\/v2\/tags?post=7002"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}