Deal with the Red Tape

This is the part that slows people down. Yes, the paperwork. However, if you want to create your own company you have to deal with it, but don't let that to stop you from starting. It is a small price to pay and if you are willing to pay, you can get the others to do these things for you.

Depending on which country and state you live in, dealing with the paperwork and officials can be anything from easy to hard. It depends also on what kind of business entity you want to create. If you are totally green about the differences in business entities, I cannot stress this enough - you want to do the homework on this one! Let me know if you want me to talk more about this and I'll write more detailed blog about the topic.