Andrew used to think that he knew best and shares a perfect example of how his mentality has changed over the years. Sometimes, you don’t know best and you need others to take the lead so that you can get to where you want to be. This is why it’s so important to surround yourself with professionals and experts you trust. However with that being said, you also have to get off your butt and be willing to invest some of your time or resources to help others get you there.

Key Takeaways:

Andrew’s Editorial:

[1:25] Sometimes the best thing to get done is nothing.

[2:10] Maybe some of this stuff isn’t for you.

[4:30] Andrew shares a story about what happened to him in Hong Kong last week.

[10:05] Andrew doesn’t want to feel good for an hour, he wants to feel good for the rest of his life!

[10:30] Andrew achieves success by trusting in the right people to get him there.

[10:50] Are you trying to be the expert when you really aren’t?

[13:55] You have to get off your butt and go take action.

[15:35] If you want to heal, you have to feel the pain.

[17:10] If you’re not willing to invest your resources or time, then Andrew can not help you.

[19:10] Why do people cheat? Andrew explains.

Interview:

[24:15] Why did Nick become an entrepreneur?

[26:30] What was Nick’s big ah-ha moment to start his business overseas?

[27:35] Why did Nick choose Asia?

[29:40] Nick talks about what Freedom Generation is.

[31:15] What countries have stood out to Nick for planting flags?

[32:40] What worked yesterday may not work today. Things change quickly.

[34:05] Some clients have concerns about people working overseas. They still don’t understand the concept.

[35:00] How does Nick work around the timezone differences with his clients?

[36:00] Nick talks about hiring people online.

[38:25] What could Nick not be able to do if he was still in New York?

[40:50] What were some of the things Nick thought would go wrong, but didn’t?

[43:10] What advice would Nick give to other New Yorkers?

The Lighting Round:

[44:25] One business – eCommerce or retail.

[45:15] One country – Vietnam or Cambodia.

[45:50] One book – The Personal MBA by Josh Kaufman and The 7 Day Startup by Dan Norris

[46:40] One tool – Freedom.to

Listener Question:

[49:20] Where are the best countries with the highest real estate yields?

[51:15] You don’t have to choose between cash flow and property. You can do both. Andrew explains.

[55:10] Eastern Europe and West Asia offer lots of opportunity for yield if you know what you’re doing.

[56:40] The best place for yield may be where you are currently.

[48:20] The real question is, where’s your network?

[1:00:20] The real key to succeeding is to know what you’re doing or have trusted experts to help you.

Mentioned In This Episode:

https://nomadcapitalist.com/

https://freedom.to/

The Personal MBA by Josh Kaufman

The 7 Day Startup by Dan Norris

Nomad Capitalist Live
Last updated: Jan 15, 2022 at 4:04PM