

Thanks for reading through my post and with thoughtful followups.
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I would say this would actually be up to the ‘owners’. I don’t want to restrict too much freedom of ownership, there is indeed a lot of risk when you are starting a business. So the owners would be able to select through a variety of business models. One model could be very similar with the stock market. So people’s ownership would go up and down with it, the dividends they receive would fluctuate depending on how well the biz is doing, etc. I have no specific plans on this, those details would need to be fleshed out at a later time. Right now I just want to make excuses and reasons to adopt this economic mindset. Because at the end of the day, as current events has shown, it really doesn’t matter how stupid/impractical ideas are, we can get them done if we really want to.
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Yeah, I can’t imagine anyone disagreeing in good faith.
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Yes, bank loans. You bring up a good point, another solution might be necessary. But I do want to solve the problem of already established business owners can EASILY receive a loan for a new business. I see this as a huge issue because this just means overtime, like what is happening right now, it will always be hard for entrepreneurs with no experience honestly just need to be lucky. There is only so much money that can go around, so of course banks will give it to those already established. This is not a bad thing in the short term, but I do see it as a problem in the long term. Just makes wealth inequality inevitable.
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While distributions are not subject to payroll taxes, they are still subject to income tax at the individual level. The key difference is that distributions can be more tax-efficient than taking a salary, as they avoid payroll taxes. However, if an owner takes too little in salary and too much in distributions, they may attract IRS audit. We are starting to get into territory where only CPAs are really qualified/knowledgeable to talk about. I have been out of the industry for 2 years now so I am not confident my information is up to date anymore to provide additional detail.
It is hard making friends, and there is no straight answer since all of our lives are very different. That’s honestly the main reason why its hard to make friends.
I would join a sports league, book clubs, etc. Something where everyone who goes, has the intention to return.
Also, in your post example it sounds like you went out once with these people. As soon as your done hanging out with people, I would shoot a message saying that you should do it again. Be the reason people come together, because no one wants that job because its tough.