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Start Your Own Corporation: Why the Rich Own Their Own Companies and Everyone Else Works for Them (Rich Dad Advisors) Paperback – March 20, 2012

4.6 out of 5 stars 85 customer reviews

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Editorial Reviews

About the Author

Garrett Sutton is an attorney, best selling author and one of Robert Kiyosaki’s Rich Dad Advisors. A clear and engaging writer, Garrett demystifies legal topics and presents them in a very understandable and accessible manner.

Garrett has over thirty years experience in assisting individuals and businesses to limit their liability, protect their assets, implement advantageous corporate structures and advance their financial goals.

Garrett is the author of “Start Your Own Corporation,” “Writing Winning Business Plans,” “Buying and Selling a Business” and “The ABC’s of Getting Out of Debt” among other titles.

Garrett is the owner and operator of CorporateDirect.com, which since 1988, has provided affordable asset protection and corporate formation services, as well as resources for entrepreneurs and real estate investors. Robert Kiyosaki, the best selling author of Rich Dad, Poor Dad calls Garrett and Corporate Direct “the premiere source for asset protection strategies.”

Garrett attended Colorado College and the University of California at Berkeley, where he received a B.S. in Business Administration in 1975. He graduated with a J.D. in 1978 from Hastings Law, the University of California’s law school in San Francisco. He has appeared in the Wall Street Journal, the New York Times, and other publications. Garrett enjoys speaking on asset protection strategies and is a frequent lecturer for business groups and the Rich Dad’s Advisors educational series.

Garrett serves on the boards of the American Baseball Foundation, located in Birmingham, Alabama, and the Reno-Nevada based Sierra Kids Foundation.

For more information on Garrett Sutton, please visit his Web sites at www.sutlaw.com, www.corporatedirect.com, and www.successdna.com.
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Product Details

  • Series: Rich Dad Advisors
  • Paperback: 220 pages
  • Publisher: RDA Press, LLC; 2nd edition (March 20, 2012)
  • Language: English
  • ISBN-10: 1937832007
  • ISBN-13: 978-1937832001
  • Product Dimensions: 1 x 6 x 9 inches
  • Shipping Weight: 11.2 ounces (View shipping rates and policies)
  • Average Customer Review: 4.6 out of 5 stars  See all reviews (85 customer reviews)
  • Amazon Best Sellers Rank: #35,163 in Books (See Top 100 in Books)

Customer Reviews

Top Customer Reviews

Format: Paperback Verified Purchase
Garrett Sutton goes through all the reasons why doing business as a person is a bad idea. If you operate under your own name, you open yourself up to liabilities which can wipe you out financially and emotionally, often through no fault of your own (except for ignorance). You also pay much more in taxes than you should have, based on higher tax rates and less options for legitimate deductions.

He then goes on to describe the different forms of entities you can form to operate under, and clearly explains the pros and cons behind each one. Some are really no different than operating under your own name. Garrett labels these 'bad entities' and steers you clear of them. The remaining 'good entities' are explained, with many examples, so you can find one that fits your particular situation. There is no 'one size fits all', as the examples will make quite clear.

Asset protection, tax benefits, estate planning, succession planning, these are all covered in enough detail to be useful, but not so much that your eyes glaze over. This book is no replacement for an attorney's advice, or a CPA's, and Garrett is also very clear on this. It will, however, give you a leg up so when you do talk to your own advisor(s), they will not need to explain every little concept to you, and if you get billed by the hour, then this book will save you many hours.

Highly recommended, and a credit to the Rich Dad Advisor series.
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Format: Paperback Verified Purchase
I gave it 5 stars because of the way it was written which makes it easy for new entrepreneurs to understand and apply its principles. Now I know how risky it is to start a business as a sole proprietor or in a partnership. The author convinced me that in order to protect one's wealth, it is important to create a corporation. All in all, this book is the perfect complement to Robert Kiyosaki's book, Rich Dad Poor Dad.
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Format: Kindle Edition Verified Purchase
I've formed 2 LLC's and 4 corporations for my businesses. And every time, I had to do internet research in order to refresh my knowledge again about what entity would be the right fit for different types of businesses in terms of tax treatment and corporate formalities. I know I should probably hire an attorney or a CPA to do it for me but I'm a research guy. I just couldn't find one definitive and authoritative source I could refer to until I saw this book by Garrett Sutton.

I've been a Rich Dad books reader and Kiyosaki mentioned Sutton a few times as part of his advisory team. When I saw that he released this book, I knew I had to have it for my personal library. And it didn't disappoint. Still one of my favorite books along with the latter release, Run Your Own Corporation.
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Format: Paperback Verified Purchase
I really got a lot out of this book. I was skeptical about how much information would really be availbale in a book. I was pleasantly surprised. I espeacially appreciated the stories, it created a visual and I was able to grasp what was being said. I recommend this book for anyone who wants to get a head start on owning your own business. It'll save you a lot in attorney fees.
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Format: Paperback Verified Purchase
This is a superb book! Sutton tells us everything we need to know to get started in clear and straightforward language. Because of this book, I decided to start Empress Cindy Books LLC to publish my books on Amazon.

If you're even thinking of starting a business, this is the book to read. And once you decide to start, I highly recommend the companion book, "Run Your Own Corpoation."
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Format: Paperback Verified Purchase
Excellent book. The dots are coming together for me.

I like the author's writing style very much; exact and precise.

This is a must buy book.

Thank you!
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Format: Kindle Edition Verified Purchase
Written in clear, easy to understand language. Sutton provides case studies which new and veteran business owners can relate to illustrate the how and why to set up the right legal entity to protect your business.
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By RC on October 27, 2013
Format: Kindle Edition Verified Purchase
Easy read. Awesome and on-point examples. The book also had great methods for combining multiple entities for the best possible advantages. Good tips and good information on next steps. Highly recommend.
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