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Is Entrepreneurship Worth The Stress?
A few weeks ago, I got a short letter in the mail:
The Tennessee Department of Revenue was going to take me to collections and dissolve my business because I didn’t pay my taxes.
Fuck.
Entrepreneurship — solopreneurship in my case — is overwhelming and filled with uncertainty on a daily basis.
There’s so much you have to keep track of, so many things you have to get done, so many open projects that could take weeks or months to come to fruition…it’s easy for little things (like paying your taxes) to slip through the cracks.
My LLC is my main source of revenue. So if I can’t do business, I can’t make money. And everything I’m currently building, and the courses I already have out, would have to be taken down or they could be ceased by Tennessee.
By the end of reading the letter, I was sweaty, nauseous, and was sure my blood pressure had doubled.
But wait, I thought. My business is registered in Kentucky, and I have a CPA that handles all that. Why is Tennessee threatening to dissolve my business and ruin my credit?
After a series of emails and a few sleepless nights waiting for an answer, it ended up being a simple clerical mistake. Long story short, I used to have a business in Tennessee that I…