Caught in a Spider Web!

[live4da206]

After spending sometime trying to figure this whole process out I think I have finally stumbled upon an acceptable plan, now if you would my fellow YE give me feed back or correct a mistake I would greatly appreciate it.

Just like a criminal in prison arguing "he didn't do it", I'm just another entrepreneur sitting at a computer pitching "high returns if I only had..."

The good news, I have a thoroughly thought out and researched plan. The bad news, I have no capital. So heres my plan.

Begin with a sole proprietorship in a field closely related with my ultimate goal to learn the system, allowing my feet to get wet, and saving to expand into inc. or llc (one place im caught up is how easy is this to do? my understanding is that a business is simply that whether a sole or inc. and will just switch to owning "shares"). After inc'n I would begin to produce the prototype and research responses to and listen to coaching on how to improve (my other catch up is whether or not being inc. will help with trademark??). Once having the production model up and running simply implementing them in place of my prevous models space seeing a bigger return and ability to grow more rapidly. From my understanding this is commonly known as "bootstrapping", yes?

I understand it is only a rough draft and all criticism is welcomed. I guess this is where one of those awesome "mentors" helps, YE please mentor me...