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Nomad Capitalist Live

Welcome. I’m Andrew Henderson – perpetual traveler, international entrepreneur, and citizen of the world. Each week, I share tips and insights gleaned from my world travels on how you can find more freedom, grow and protect your assets, and live a radical life on your own terms. I help you achieve your own freedom with my daily field reports, weekly syndicated radio shows, helpful products, and live events. Every year, I travel to about one dozen new countries (sometimes many more) in search of personal and economic freedom. My mission is simple: find the best places to live, start a business, and invest. I’m always on the go and exploring new places. No one place has a monopoly on freedom, opportunity, or happiness, and I make the world my oyster in search of the perfect balance. While on the go, I take the time to really understand what’s going on on the ground in each country in order to find the best places in the world to live, work, bank, invest, start a business, date, raise a family, and enjoy life. I value personal freedom above all else in life. Freedom to live how I want, free from bosses and their 9-to-5 work days and from greedy politicians that want to control me and steal my money.
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Apr 15, 2015

Offshore merchant accounts can be difficult to obtain if you are not in the right jurisdiction. And during the interview, Daryl talks about International banking and how it can be easier when you stay close to the Americas. But when you head towards Asia there is a lot of misinformation about which banks will do business with you. And £10,000 may not sound like much but Daryl travelled for a year and started his successful, six figure PPC/Advertising business with just that. He is planting both business and personal flags. 

 

Key Takeaways:

 

Andrews Editorial

 

[1:43] Offshore merchant accounts

[6:12] The U.S. Government is shutting down banks 

[6:55] Set up your company in the right jurisdiction

[10:04] How dedicated are you to having an offshore company?

[12:05] Everything we talk about here is legal

[14:27] Integration versus paying low tax

 

 

Guest Interview: 

 

[19:05] When Brits travel 

[21:00] Daryl’s entrepreneurial journey

[23:00] Timeline from employee to employer

[23:51] What £10,000 gets you

[25:11] The cheesy A-ha moment

[26:06] Mini Tim Ferriss’s

[27:35] Slow travelling

[28:18] Kuala Lumpur

[29:36] Bangkok

[31:52] A million dollar year

[32:28] Daryl’s strategies for Big Flare

[33:30] Difficulties in International Banking

[35:49] Hiring strategies - Eastern Europe

[38:03] Daryl’s greatest business success

[39:16] Alternatives to Paypal 

[41:30] Personal flag planting - The Dreamgirl

[45:55] I’m a serious person

[46:55] The Lightning Round 

[49:09] Suggested Resources

 

Listener Question

 

[53:19] Michael asks for residency information resources

[54:45] The problems of having a criminal record 

 

 

Mentions: 

 

Bitcoin

Coinbase

Chase Payment Tech

Stripe

Bigflare.com

Four hour work week - Tim Ferriss

Paypal

Asana

Basecamp

Tropical MBA

 

Jamesclear.com

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