The entrepreneur lifestyle is more than living in a gated community in a foreign country. Make a conscious decision to be different from the rest and know your top 3 business objectives. Don’t get scammed by doing business with the lowest cost provider in every situation. In this weeks interview, Reid Kirchenbauer shares the story of his strange attraction to finance from a young age and how the university girls in Thailand are attracted to finance majors. And in your questions answered, Darnell wants to know if Andrew has ever been scammed.
Key Takeaways:
Andrew’s Editorial:
2:02 All Digital Nomads love Budapest
5:14 Why you should be banking offshore
7:14 A crisis investment
8:03 Free money for diversifying currencies
9:44 The propaganda of the U.S. media
10:55 Real Estate for instant value
13:45 A real Digital Nomad example
20:38 International property scams
23:19 Understanding your objectives and goals
Interview: Reid Kirchenbauer of InvestAsian.com
27:37 Reid had a strange fascination with finance
30:12 Making a conscious decision to be different
31:10 The A-ha moment – the utility of universities
34:49 Bangkok is a lifestyle choice
36:20 $8,000 a year for a high end Thai university
37:30 Reid’s offshore business
41:05 Banking in Thailand
42:24 Problems with hiring offshore workers
45:05 Hiring local people is more efficient
47:15 Investment Residencies in Thailand
50:37 Reid thinks Chiang Mai is a good investment
53:08 Finding women who like finance in Thailand
The Lightning Round:
54:00 One business – Importing caviar
54:34 One country – Mainland China
55:07 One book – The Next 100 Years
55:48 One tool – A debit card
Listener Question:
59:57 Darnell asks “Have you ever been a victim of scams in the offshore world?”
1:00:41 Andrew trips but didn’t fall far
1:01:29 Payments in the Latin world
1:02:57 The law of abundance mindset
1:03:48 Don’t go for the lowest cost provider
Mentions:
Nomadcapitalist.com
Investasian.com
Elance
odesk
