That Was Easy!

by Maddy on January 12, 2011

in Mad Hearts

Some of you might have read my announcement on Twitter and/or Facebook last week, but in case you haven’t, I’m excited to share that Mad Hearts Photography is now officially a business!  And I, Maddy, am an entrepreneur! Can you believe it?! I know, me neither! In actuality, nothing much has changed except that a few forms were filed with the IRS and the State of New Jersey and a $50 filing fee was paid, but I feel like I’m finally on my way to living out my dream! After some internet research, as well as getting the input from my photographer friends already in business, I decided to register Mad Hearts as a sole proprietorship, meaning I am the sole owner and receive all profits (subject to taxation, of course!), but I also have unlimited responsibility for all losses and debts. Sounds pretty scary, but as someone who doesn’t have a whole lot to lose as far as personal assets go, it seemed like the best way to go for now. If I someday win the lottery,  I will run away with my millions and never look back reevaluate my situation and switch to an ownership that provides more protection for my personal assets, like an LLC. I know it’s only a little step in the grand scheme of things, but it’s still an exciting one!! After it was all done, we opened a bottle of champagne to toast to Mad Hearts and the many adventures that  lie ahead!

{ 34 comments }

Cathy January 12, 2011 at 12:10 am

Soooooo excited for you!!! Congratulations!!!

Sandy a la Mode January 12, 2011 at 12:20 am

oh my goodness oh my goodness oh my goodness!! i am sooooooo proud of you girl!! your photography IS amazing!! you go girl!!

Terri January 12, 2011 at 12:31 am

CHEERS!!!! YAY!!!!
Congratulations Maddy!!!!!

Life with Kaishon January 12, 2011 at 12:33 am

I am so excited for you Maddy! I will cheer for you until the day I die : ) Wishing you all the best on your dreams!

Marlene January 12, 2011 at 12:59 am

Oh Maddy…that website is just amazing!! I am so excited for you. What a great adventure you are off on and I am so honored to now be a part of seeing you fly!!!

Congratulations and Bon Voyage!!

Angelia Sims Hardy January 12, 2011 at 2:20 am

Chink! Chink!

CHEERS! CHEERS! CHEERS!

So, so happy for you! How wonderful to reach this part of your journey and know how hard you worked to get there. It is a dream come true. You deserve loads of success for your “mad” talent.

:-)

Lee Oliveira January 12, 2011 at 4:18 am

Lets toast!! Congratulations to you new future and have a fabulous trip
lee x

Leia January 12, 2011 at 5:19 am

This is absolutely amazing! Congratulations!!!

Dana January 12, 2011 at 5:31 am

Congratulations!!! I’m anxious to see your business grow! Best wishes for success — D

Buckeroomama January 12, 2011 at 5:57 am

Woo hoo! Congratulations, Maddy! Here’s to a wonderful start to Mad Hearts. =)

Keeley January 12, 2011 at 8:14 am

Congrats! Isn’t it great to get paid to do what you love?

lou January 12, 2011 at 9:17 am

yes i read the twit about it and wondered what was going on. good news and congratulations, girl!! i’ll be standing here and cheer for you.

Nadette@eat, read, rant! January 12, 2011 at 10:05 am

Congratulations! I’m so proud of you!!

Hayley January 12, 2011 at 10:19 am

Congratulations, and good luck with everything!

Pris January 12, 2011 at 10:30 am

Don’t think I’m not doing my daily reading just b/c I’m not on FB anymore ; ) Yayyyyyyyyy…I knew it wouldn’t be long til you finally took off. This is so exciting and definitely calls for a “C” celebration!!! Now its our turn to take the next step ; ) xoxo

Cafe Fashionista January 12, 2011 at 10:33 am

I’m so excited for you, Maddy – what a fabulous start to 2011!! :)

Latoya January 12, 2011 at 10:38 am

Congrats! I’m so excited for you!

The Guilty Hyena January 12, 2011 at 11:07 am

Cheers, with my invisible glass of champers, A salute to Mad Hearts photography! :)

Mindy January 12, 2011 at 11:25 am

Yeah!!!! so happy for you as you start this new adventure – you will do well, my friend :)

JWS3 January 12, 2011 at 11:33 am

Congrats. Now take a picture of your bank account today……and then take a picture of it ten years from now when Mad Hearts really takes off.

likeitsgolden January 12, 2011 at 11:35 am

Hey, sorry you guys cant make it but well def meet up when i get back. and Congrats!!! I’ve been thinking of what i can do to pursue my dreams but we’ll talk more about that when I see you

Dita January 12, 2011 at 11:48 am

I’m beyond excited for you, Maddy! Can’t wait to see you this weekend and hear all the news!

I may need to gift you my EASY BUTTON, if I can break it out of my kids’ hands!

xoxoxoxo
Dita

katrina January 12, 2011 at 11:51 am

WOOT!!! a hearty congratulations to you, maddy!!

Jim January 12, 2011 at 12:01 pm

Maddy, good luck and all the best to you and your business! Looking forward to all your posts in the future.

Emily January 12, 2011 at 12:16 pm

Woot Woot!!! That so exciting!

Sarah - Dodeline Design January 12, 2011 at 1:18 pm

Congrats Maddy! I’m so excited to be a part of it!

Kristin January 12, 2011 at 9:55 pm

I am SO happy for you! You are extremely talented and I have no doubt that you will be extremely successful!

Amy January 13, 2011 at 12:22 am

GASP! CONGRATS Maddy … such exciting news! And what a fabulous way to start the new year!

Punctuation Mark January 13, 2011 at 5:17 am

Congrats my dear!!! wish you lots of work and tons of success!!!

Zee January 13, 2011 at 6:36 pm

That is so incredibly exciting Maddy. It may sound easy, but that takes real courage to follow your heart and start your own business. I wish you all the success in the world.
Zee recently posted..So far Its a Very Good Year!

Rachel January 13, 2011 at 9:12 pm

Oh my gosh, Maddy! I’m so excited for you!! Congratulations!! :)
Rachel recently posted..Just a few new things

Paige January 14, 2011 at 1:28 am

CONGRATS! Well done, Maddy.
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Michaela January 18, 2011 at 12:35 am

I missed this post Maddy but wanted to say I am so excited for you and beyond thrilled for you!!!!! WooHoo!!!
Michaela recently posted..week 2 results

Jacquie June 27, 2011 at 11:03 am

Congratulations, I am sooooo proud of you and could’t be happier!!!

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