Ok i too like what he says, and i do love to travel and be free too. Who doesn’t. I have nothing against motivation speakers; it is a business like another. The problem with Andrew Henderson is that he is not a motivation guru but just another middle man selling overpriced offshore services from other companies. He has no license, no team, no office. He’s just a guy with an over inflated ego and nice speeches, but no authority or expertise. He will take thousands of your dollars just to tell you stuff you could find yourself on internet and then handle your case to a local lawyer found on the yellow pages after taking a fat commission.
If you want to relocate or move your business abroad, be serious and hire a reputable lawyer or a specialized CPA but not a 30 year old offshore blogger wanna be james bond collecting passports as sympathical as he may be.
I would also stay away from his business advices which are amateurish and often pure non sense.
The obvious reason is that if his advices were that great, he would then be a multimillionaire by now and why would he still need your 700 dollars for a 30 minutes call?
Don’t get me wrong, i too hate big states and taxes, but don’t fall for his foolish obsessive anti tax rant.
First, you most of the time get what you pay for. If you live in Sweden or Denmark, you pay a hell lots of taxes, but you will live in a safe, clean environement, with quality free education and health care, quality public infrastructure etc.. this guy is young, child free. We’ll see if he’ll have the same speech later on and when $200k-$300k healthcare bills will come up
Second, he always claim to be a successful entrepreneur, to have created and sold myriad of companies, but i have yet to see any hard evidence that it is the truth.
Then he claims you should just move out of the country, leave everything behind, and that you will make a lot more money setting up your business offshore; that may be true if you are a blogger and are willing two leave everything behind, but i hardly see how could that be benificial to a local entrepreneur. « cherry picking » the best countries where you are treated best. He talks about Georgia and Montenegro as entrepreneur heaven.. oh boy.. i know those places, and i can tell you that even the tough russians are worried about investing into these countries. Yes some are making big money there, but that won’t be you; unless you are a russian oligarch, have very strong local connections or are a tough local guy, you will be swindled, ripped off in no time. Andrew, if you made big money there, show me the companies records and bank statements, because with your teacher’s pet face( no offense there) i doubt you can ever be successful in CIS countries)
These are places where you do not want to invest your money, but where you can eventually run profitable businesses outsourcing IT services or stuff like that
I have myself thought a lot about be location free and at the same time make big money; let me tell you one thing. It is 99% impossible unless again you are one of these top blogger or motivation speakers traveling the world.
The reason is that as a finance guy, i can tell you that financial leverage is EVERYTHING in business. Your ideas, investments and business as good as they may be are meaningless if you cannot raise equity and debt. What do you need to raise money? you need a safe environement, a great project, good credit, strong local network, legitimacy, local collaterals and verifiable local sources of income. And that is clearly never going to happen if you keep playing international hustlers and invest your money into 10 different corrupt countries in cash. You need a home / business base and not in a sketchy country.
I am no fan of the US, but i have yet to find a country with a transparent economy where you can raise that much money and that fast; the market is huge and very liquid; i am trying to structure deals in Europe and it is such a struggle compared with the US when you do EU crossborder deals. Not that it is impossible, but much more complicated
So yeah, you may pay lots of taxes for a poor public service quality in the US, but from a business perspective it is still the place to raise money. I’m currently considering investments in Poland, but i have yet to see how easy it will be to raise equity in places like London or Paris.