On last week’s podcast, Andrew talked about practicing the law of abundance. He recently wrote a blog post on the subject entitled, “10 ways to use the Law of Abundance with Flag Theory”, which hopes to help others live a live of abundance and not a life of scarcity. Today’s guest is Kathleen Peddicord, the founder of Live and Invest Overseas. She shares her story and why she moved from Paris to Panama City.
[2:00] How can you practice an abundance mindset in your life?
[6:00] Running from the ‘boogeyman’ isn’t going to solve your problems.
[10:00] Negativity isn’t the solution.
[11:55] How did Kathleen’s journey start?
[16:15] What was the big ‘ah-ha’ moment for Kathleen?
[18:00] How long did it take Kathleen to start her business overseas?
[25:55] Panama vs Paris?
[28:45] Kathleen found Ireland frustrating.
[31:35] Starting a business today? Then go to Panama.
[36:25] Panama is influenced by the US.
[40:35] You need to accept a foreign country for what it is.
[42:25] How has moving helped Kathleen’s marriage?
The Lightning Round:
[47:15] One business – book store.
[48:20] One country – France.
[49:30] One book – The War of Art by Steven Pressfield
[50:40] One tool – Skype.
[53:30] Andrew will be doing consultations one-on-one in February.
[53:55] Tony wants to pay less taxes, but he can’t leave the US. Is Puerto Rico an option?
[56:15] Andrew goes over Puerto Rico’s residency requirements.
[58:40] You need a US tax lawyer.
[59:20] Andrew’s advice? Go to another country and create a plan b for yourself.
[1:00:35] Where do you really want to be?
Mentioned In This Episode:
The War of Art by Steven Pressfield