In the Black
I just deposited my first check made payable to Aeroplane Software LLC. Guess what? We’re cashflow positive! I would be super proud, except it was stupid easy.
Here’s how much I spent to bootstrap this little runt:
- LLC filing fee: $308.10
- Hays County Professional name certificate: $16.00
- Domain name registration: $18.40
- Credit union membership fee and a box of checks: $18.50
- Quickbooks Pro for the Mac: $165.87
- Total: $526.87
I brought a few assets to the company: a computer, a table and a chair, and lifetime web hosting from TextDrive. As of March 1st, I will be renting a little office for $175 a month. I have my keys already but until I get Grande Communications over there to hook up my Internet and phone, it’s basically storage. I have some professional fees to look forward to, the usual. I want a talented friend of mine to design a logo for me. But I intend to be cheap. I believe I can grow my business without spending money I don’t have. I know about the principle of leverage, Other People’s Money and all that, but I’m not in any kind of hurry.
I have a funny problem now: I’m the owner of the company and also its first employee. I have to decide how much to pay myself. 
w00t! Congratulations on the good start. I hope the trend continues unabated! I think your plans for responsible growth are good ones, fwiw.
Sean
Right on, go Zach!
I’d pay your employee well if I were you, he does good work and you need to keep him around and happy