Founder Playbook

Bootstrapping
I moved the business to the US um so man Cruz is man Cruz Inc right now it's in Wyoming I used the service like a lot of the other services and very quickly uh we went from I need to go to 10 accountants and pay quite a bit of money to basically get no answer to a new bookkeeper that is able to tell me yeah just send me your stripe report super easy

If you're European, incorporate in Wyoming/Delaware to skip the VAT/accounting maze

Continental European tax codes (especially Germany) are openly hostile to small online businesses — Dominic got 4 contradictory VAT answers from 4 accountants for the same marketplace. Setting up a Wyoming LLC via a registration service lets you forward the entire Stripe report PDF to a US bookkeeper and be done. You stay locally employed as the company's employee. The Sheridan, Wyoming PO box is becoming a common destination for solo European founders for exactly this reason.


D
Dominic Monn
MentorCruiseFounder of MentorCruise — bootstrapped vetted mentorship marketplace at ~$40K MRR with a team of 5, ~12,000 mentorships served, profitable enough to fund paid marketing experiments.
The Bootstrapped Founder
Dominic Monn — Crafting a Thriving Online Mentorship Community· 36:00
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