If you're wondering what it takes to become a Nomad Capitalist, Andrew has a couple of answers for you. The first question you should always ask yourself is, 'why?' Why are you doing this? Why do you want to have a second passport or renounce the one you currently have? You must, must know your 'why' before you set off to acquiring new flags. Andrew says you become a Nomad Capitalist when you know what freedom looks like to you.
Key Takeaways:
Andrew's Editorial:
[1:10] How do you become a Nomad Capitalist?
[2:10] Your story is important. You have to put yourself first and go where you're treated best.
[2:30] When people call Andrew, they always like to ask him, 'Where are you now?'
[3:25] Traveling can be fun, but you have to know if it's right for you.
[6:25] So, what do you have to do to become a Nomad Capitalist?
[7:05] Always ask yourself 'why?'
[7:25] Don't ever lose sight of the why. If you don't have a why, you'll never get to the right place.
[9:35] Do what's comfortable for you. The answer is different for everybody.
[15:30] Get the right strategies in place and then go live the life of your dreams.
[17:45] What does freedom mean to you?
Interview:
[19:40] Why did Olivier want to become an entrepreneur?
[20:45] What were some of the things that pushed Olivier to entrepreneurship?
[22:05] Olivier saw firsthand how broken his employer's system was.
[23:15] When was Olivier's big aha moment on becoming a nomad?
[25:25] You sometimes have to let go of your old notions in order to find your true path.
[25:40] People stay in bad situations because they are comfortable.
[26:40] If you want comfort, this lifestyle may not be for you.
[27:40] If something is going to go wrong, there's a good chance you didn't think about it.
[27:55] Have a plan B, but don't develop anxiety over the worst case scenario.
[28:15] Why did Olivier leave France and move to the US?
[32:05] Olivier talks about some of his favorite places to plant flags.
[32:35] Let's talk banking, what has worked and what hasn't?
[34:55] Olivier sees Thailand going down the wrong path.
[37:05] What kind of problems has Olivier run into so far?
[39:35] Hong Kong is becoming a mess in terms of banking.
[41:25] The US bank told Andrew's mother to not bring debit cards to Malaysia, because it's fraud city.
The Lighting Round:
[44:25] One business – something immigration related and/or a co-working space.
[45:15] One country – Brazil.
[45:50] One book – Jonathan Livingston Seagull by Richard Bach.
[46:45] One tool – Google drive.
Listener Question:
[49:05] What would make Andrew move if he was still living in the US?
[49:30] Everyone says they're going to move to Canada if so-and-so is elected.
[50:20] If you love freedom so much, why not Mexico?
[52:25] The system is the problem, not the person being elected.
Mentioned in This Episode:
Jonathan Livingston Seagull by Richard Bach