Be a Customer, Not a Citizen

by birtanpublished on August 23, 2020

Hi I'm Andrew Henderson I'm the author of this book Nomad capitalist where I talk about how to go where you're treated best and I watched a television show not too long ago that reminded me of one of the key concepts that I believe is really important for us

Firing Nomad capitalists and that's to be not a citizen but a customer you know we talked about how to legally reduce your taxes get a second passport live overseas because there may be better opportunities for you to keep more of

Your well full of a happier life have more freedom and you get so many people push back on that because they say it's unpatriotic to go and live somewhere else they say it's your duty to stay and

Fight to lower the tax rates in your country or to improve the freedoms everyone should stay and improve their country I happen to disagree because I believe that citizenship should not make you not be a customer every business and

Every government should be fighting for customers and so I was watching an episode of Curb Your Enthusiasm recently this show with Larry David who was the co-creator of Seinfeld I believe it was season 10 the beginning of season 10

Larry David meets up again with his old nemesis who used to run a little coffee stand on the back lot of a film studio now this guy has his own storefront and he is selling a coffee mocha Joe's coffee shop Larry David goes into the

Coffee shop gets into a fight once again with mocha Joe gets banned from the shop and it goes home but a couple days later he's driving by the shop shaking his head and disgust and he looks next door to the shop and what does he discovered

That the precisely the shop right next door is for lease so he goes in leases the shop builds it out and decides to open latte Larry's his own competitive coffee shop or as he calls it a spite store he's going to spite his nemesis

Mocha Joe by opening his own coffee shop by fixing the things that he thinks are wrong with mocha Joe shop but also as I recall they're gonna have lower prices and he would have the flexibility is the guy who was made hundreds of millions of

Dollars from Seinfeld he can afford to sell coffee had practically graham Stephan prices of 10 cents or 20 cents I'm making up to 10 or 20 cents but he can sell coffee at low low prices now let's take an example of a situation

Where you've got two coffee shops next door to each other one guy's just a normal business center and whether he's just used to being the only shop in town or he has high prices for his product that

You know makes it more expensive for him to sell you the brought whatever the reason his coffee is five dollars for a cup and the guy next door can afford to lose money in that same cup of coffee he sells it for a dollar okay where would

You go would you go to the place for five dollars because it's the right thing to do because you want to support the guy mocha Joe I guess you could but most people would go to the place where the coffee is one-fifth the price

Because they're getting a lot more value for their money they're going where they're treated best they don't particularly care that one guy's losing money and it's all it's not fair to poor mocha Joe this guy can afford it is a

Rich guy doesn't matter they just want the cheapest coffee and I learned that a number of years ago back during the global financial crisis I lived in Arizona in the US and I got a coupon one day at my mail for a free sandwich at a

Sub shop which is now out of business it was a national chain they went into business practically the whole chain closed down but I remember going in and waiting I was but the fifth person in line getting my free sandwich and when I

Went to pay the guy in front of me asks the the young girl at the register this was a great lesson for me early on on my entrepreneur days about employees he said hey how's business going you know there's free coupons you know

What's what's the scoop and she said Oh while we're getting a lot more customers which is good but then I realized we're losing money on every one of the customers so I figured that was bad so I figured that it evened out this is who's

Working the counter and the reality is everyone who went and got their free sub sandwich they didn't care if the guy who owned that franchise made money or didn't make money they didn't care that eventually human out of business it

Wasn't their problem and you know it's also not your problem whether the country that you're from employs its own workers whether they pay their own bills but they have enough money to fight wars or do whatever else they want to do you

Are an economy of one you or your family you are your own little Nano economy and you deserve to go where you're treated best now people ask Andrew what if everyone did what you're talking about and didn't you know pay anything well

Number one good number two not everyone's going to do so 99% of people are going to stay where they they're not gonna go with their treated best but no I don't think one person or a hundred people or even a million

People leaving a country like the United States and no longer paying their taxes to the United States because they found somewhere better no longer employing a few Americans in their small business that may not make a huge dent but

Imagine the difference that it makes to you and your life you're a business owner let's use you know my often example you make a million dollars a year you're paying $450,000 in taxes to live in the United States or whatever

Other Western country you're in now imagine you could deploy that money back into your business oh and by the way instead of hiring five people in the United States to help you you could hire people more affordably who were eager to

Get to work in a country that incentivize you to do so there are countries like Serbia for example you go in and hire 50 people I think it is ah no men no Social Security taxes no kind of taxes at all you just pay the workers

What they get and that's what we want to to inspire people to employ people here or you go to other countries hey you know 10-year tax holiday you don't pay any taxes please come and live here because we really want people to move in

And and rent property by property you know give our our economy a shot in the arm or hey bring your company to our country we just want money into our financial system we want to be put ourselves on the radar right like the

Way Hongkong did back in the day so just bring your business here we won't tax you we just want your dollars in our banks now you could say well that's not fair because my country needs the morning more than these guys but you

Know what in my mind all countries are created pretty equally they all have the right to be competitive and they are more countries than ever are competitive more than ten years ago 20 years ago certainly 30 years ago the number of

Countries that are eagerly and actively vying for your business has never been larger it's like the myriad of coffee shops around your town or an endless number of sub shops you have the freedom to choose it's not the 1950s anymore

Where you would only go to one of a few countries to start your business you would never dream of living anywhere else now you have options and what people are gonna tell you is you're doing the wrong thing by moving those

Five jobs somewhere else to benefit you let me tell you something where you come from they don't care about you they don't value your business or else they would have offered you a deal but what happens in

Any kind of monopoly when someone starts to lose their monopoly power they don't like it they'll blame you they'll shame you they'll tell you it's your fault and they'll general general remain arrogant look at Blockbuster Video

Netflix was knocking on their door they said no you know Netflix will never topple us now there are the business because people found somewhere else to go is anyone crying for the owners of Blockbuster Video stores that they want

Out of business what are those people doing now maybe some of them went bankrupt maybe they lost their home imagine what happened to all those people who ran the blockbusters the free sub shops the places selling overpriced

Coffee the places with bad service nobody cares be a customer not a citizen go where you're treated best if a country says bring your business here and we're so eager to have you move into our free trade zone we'll waive all the

Taxes for the next 20 years there's something wrong with accepting that because you have the ability to shop for the best option you have the ability to go where you're treated best and you know what human nature already is to do

That that's what people are gobbling down all the free subs they can and if there was coffee for sale for ten cents they be gobbling that up too how can no mad capitalist help you four ways number one subscribe to our Channel

And click the notification bell to make sure you get our new video every day number two get a copy of no Matta capitalist the book you'll learn a lot of my personal experiences over a dozen years of studying this stuff as well as

Exactly some of the strategies that you can use to build your nomadic capitalist plan number three if you're not sure where to start but you want to come and learn from my team and I you want to come and mingle with like-minded people

Learn more about our live conference Nomad capitalist live it's coming up soon and number four if you want some help right now because you've got a burning issue you need something solved you want to lower your taxes get a

Second passport or build the Nomad capitalist lifestyle of your dreams go to Nomad capitalist calm and click on become a client

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