15.06.2016 Views

CARTOONS BY CHRIS BRITT

StartUp_Wisdom_online2

StartUp_Wisdom_online2

SHOW MORE
SHOW LESS

Create successful ePaper yourself

Turn your PDF publications into a flip-book with our unique Google optimized e-Paper software.

– THE LOTTERY –<br />

Sure you could play the lottery, win and forget all about your business idea. But you still<br />

may want to do something, even if you’re living the life of the rich and famous on Bora<br />

Bora. Plus, there are financial advantages that you can use in your windfall as you can<br />

deduct various expenses,<br />

set up a self-employment<br />

retirement plan with its<br />

requisite tax advantages,<br />

lower your overall tax<br />

liability, and give jobs to<br />

your friends and family<br />

so they won’t continually<br />

be hitting you up for a<br />

“loan.”<br />

HOW DOES IT WORK?<br />

Following are the steps<br />

to follow in starting a<br />

business with the lottery:<br />

Lottery . . . A tax on people who are bad at math.<br />

1. Purchase a lottery ticket, preferably at an obscure, rural mini-mart in the dead of<br />

night. Make sure you sign the back of the ticket immediately.<br />

2. Remember where you put your ticket. Wait for the drawing and check your numbers<br />

carefully.<br />

3. If you lose, repeat Steps 1 and 2.<br />

4. If you win, jump up and down for joy. Then redeem your ticket.<br />

5. When you claim your winnings, tell the press that you plan to sink every dime into<br />

your new business enterprise. This will keep your phone from ringing off the hook as<br />

distant relatives you’ve never heard of come out of the woodwork to ask for money.<br />

89

Hooray! Your file is uploaded and ready to be published.

Saved successfully!

Ooh no, something went wrong!