Latest posts by Nomad Capitalist Live (see all)
- 080: Yasmine Åkermark, Nomad-ing with kids, differences between Cambodia and India - February 16, 2017
- 079: Drew Binsky, Solve the Conflict First - February 1, 2017
- 078: Nick Messina, Get Your Own Questions Answered by Traveling - January 26, 2017
Today, Andrew asks if you, the entrepreneur, feel significant in your business. If you don’t, then perhaps now is a better time than any to sit down and consider what would make you feel significant. Why is this question so important? Well, if you want to be an industry disruptor, then there’s a lot of opportunities in less-developed countries to break into a market and be significant.
Hi, I'm Andrew Henderson. I've spent almost a decade learning the right way (and the wrong way) to "plant flags" for greater freedom and prosperity. If you're tired of paying high taxes and being stuck in one place, this blog will show you to how go where you're treated best. We discuss legal ways to pay less in taxes, create wealth faster, and live a life of total freedom. If that sounds good to you, keep reading or get some help.
[1:20] As an entrepreneur, do you feel significant based on where you live and where you do business?
[3:40] Why is Andrew asking you this question? Why is this question important?
[8:00] The people of Montenegro are genuinely interested in nomad principles.
[8:45] As you all know, Andrew is no fan of big government.
[10:50] If you want to be significant in your business, there’s no better way than to be located in places like Montenegro.
[13:15] Montenegro wants to attract more investments.
[17:00] If you’re looking at Southeast Asia, then consider also looking at parts of Europe.
[19:35] Why did Rob become an entrepreneur?
[22:50] Was it hard for Rob to drop out of college, and pursue other things?
[24:10] Rob talks about Jay Leno, and how he handled his money.
[27:50] What was Rob’s big ‘aha’ moment?
[29:25] You can live in so many places around the world on far less than what you can in the U.S.
[32:00] Step one is to develop a skillset that allows you to make your own schedule.
[32:30] Most millionaires have 7 streams of incomes.
[35:00] So many people are daydreamers, not doers.
[36:15] How has traveling helped Rob achieve his dreams, and build businesses?
[37:40] How did Rob’s wife react to his ‘crazy idea’?
The Lightning Round:
[40:00] One business — Teaching English to tourists.
[40:55] One country — Australia
[42:10] One book — How to Win Friends, by Dale Carnegie and Never Eat Alone, by Keith Ferrazzi
[42:20] One tool — Google Docs
[45:15] What currency does Andrew recommend?
[45:25] Andrew talks about the Indian Rupee.
[47:00] The Polish Zloty seems to be a strong currency.
[47:45] If you’re holding U.S. dollars, it’s an excellent time to get into other currencies.
Mentioned in This Episode: