One easy reason why aspiring entrepreneurs should look abroad

Yesterday a good friend of mine came over for lunch to talk about his new business.

He has a very simple and compelling concept that easily helps restaurants make more money and creates a win/win for everyone-- restaurant owners, diners, and the business itself.

This is exactly the type of model that I like to invest in.

Best of all, though, the business he’s creating isn’t new. There’s a company based in[...] Click here to continue reading

The foreign business incentives in this country can help double your income

Yesterday I spent all afternoon meeting with government officials here in the Philippines, and I’m still in shock. I’ll explain--

About a year and a half ago I purchased a fairly large manufacturing business that is oddly enough based in Australia.

It’s been a fantastic investment so far, primarily because it generates so much cashflow relative to the price I paid.

With big public companies listed on a major stock market, it’s[...] Click here to continue reading

Record “Wealth” in America: 72% of US businesses are NOT profitable

The Federal Reserve in the United States just released a new report showing that “Total Household Wealth” in the United States has reached a record $94.8 trillion.

That’s an impressive figure.

Even more impressive is that Total Household Wealth has increased by $40 trillion since the lows of the Great Recession in 2009.

No doubt there’s probably a multitude of central bankers and bureaucrats toasting their success in having engineered such magnificent[...] Click here to continue reading

The Final Show of the Greatest Country on Earth

On May 31, 1866, John C. Ringling was born in Iowa to German immigrants in what felt like an extremely bleak year.

The chaos and devastation from the Civil War that had ended in 1865 were still keenly felt, and the US economy was in the midst of a deep recession

The country was still shaken from the assassination of Abraham Lincoln.

And the new President, Andrew Johnson, was embroiled in a[...] Click here to continue reading

This is a potentially life-changing investment

Education is a potentially life-changing investment
Yesterday I wandered out to the hotel pool to cool down from my workout, only to find a handful of Americans in the midst of a screaming match.

There were 6 or 7 of them altogether. Some pro-Trump, others vehemently anti-Trump.

They were shouting… literally shouting… at one another about transgender bathrooms, Islam, Obamacare, the border wall, and just about every other trending topic in the Twitterverse.

The temper tantrum from both[...] Click here to continue reading

WANTED: 50 WINNERS who truly want to change the world

I’m looking for motivated, ambitious, talented people who know deep down that they can do amazing things in this world if they have the right mentorship.

If that sounds like you, you need to know about our annual Liberty and Entrepreneurship camps.

Each summer we gather top business and financial mentors, along with a hand-picked group of talented individuals who aspire to change the world, for five life-changing days at a lovely lakeside[...] Click here to continue reading

Wow… That was amazing.

April 27, 2015
Cancun, Mexico

What an incredible experience. We just spent the last three days with 375 of the most interesting people I’ve ever met down here in Cancun.

Our Global Offshore and Investment Summit was absolutely jam-packed. And a ton of fun.

We were joined by brilliant financial luminaries like Dr. Marc Faber, Jim Rickards, Peter Schiff, and none other than Robert and Kim Kiyosaki.

The Kiyosakis have been[...] Click here to continue reading

This paradise is still one of the best kept secrets in the world

April 8, 2015
Medellín, Colombia

About a week ago after having one of those days, I felt like unwinding by turning off the world and tuning in to some mindless action flick.

Netflix heeded the call and immediately served up 1994’s Clear and Present Danger starring a slightly younger Harrison Ford as CIA executive Jack Ryan.

It’s a decent film if you’ve never seen it... and, without giving away too much, a[...] Click here to continue reading

Young people: here are five (OK, six) alternatives to heavily indebting yourself

March 31, 2015
Sovereign Valley Farm, Chile

Yesterday we discussed the utter insanity of the debt-based education system—the trillion+ dollar explosion of student loans out there that may very well be the next bubble to burst.

It’s a completely ridiculous system which saddles 22-year olds with tens of thousands of dollars of debt before they even have a chance to start life.

But this has become the norm. DEBT has become the[...] Click here to continue reading

Young people really need to see this

March 19, 2015
Sovereign Valley Farm, Chile

Early last week, I had the privilege of sitting down for dinner with Robert Kiyosaki and his wife Kim.

Now, if you've never read any of their books, I highly recommend you go check them out, especially Robert's first book: Rich Dad, Poor Dad.

Rich Dad, Poor Dad changed everything for me.

When I first read it over 15-years ago, it crystallized everything that[...] Click here to continue reading

Come explore the red-hot entrepreneurship scene in Bangkok

March 2, 2015
Bangkok, Thailand

Whenever I land in Bangkok, I instantly feel the buzz. This is a city that’s alive, unlike any other in the world.

Commerce is everywhere and sometimes it feels that the whole city is one big marketplace.

Bangkok is known across the world for its exhilarating social life, but that same incredible energy is put towards business and entrepreneurship as well.

While the official startup scene might[...] Click here to continue reading

Teenagers just learned what happens when you start a business in America

February 2, 2015
Sovereign Valley Farm, Chile

When I was a teenager, it was pretty common for young people in my lower-middle class neighborhood to find work.

I was a waiter myself… though probably one of the worst in history, as I may still hold the record at Tippin’s Restaurant and Pie Pantry for the most cups of coffee spilled on patrons.

A lot of other kids would do odd[...] Click here to continue reading

Why make another meaningless app when you can change the lives of a continent?

Nairobi Startup Entrepreneurship
October 15, 2014
En route to New York

[Editor’s note: This is the third piece in our series covering exciting startup locations in thriving markets around the world. See also, Medellín, Colombia, and Vilnius, Lithuania.]

A strong community of other entrepreneurs and mentors makes all the difference for a young startup.

Through a community, and through mentors in particular, you can gain access to their networks. This might be just what it[...] Click here to continue reading

Start a business for less than $150 in one of the least expensive capitals in the world

October 1, 2014
Santiago, Chile

Edmundas B. was in Tel Aviv when he and his co-founders got the idea for an SaaS service to better connect web designers and developers with their clients.

Grabbing his mobile phone and laptop, he quickly set up an LLC, for his startup TrackDuck, back in his home country of Lithuania.

He’d previously tested setting up businesses in Helsinki, London, Tel Aviv and Tallinn, all of which[...] Click here to continue reading

Silicon Valley insider: “If 2000 was a bubble factor of 10, we are at an 8 to 9 right now.”

September 22, 2014
Santiago, Chile

If someone mentions the Dotcom Bubble, Pets.com is easily the first thing to come to mind.

The online pet product store failed hard and it failed fast. In just 268 days, the company went from IPO to liquidation, managing to lose $300 million in the process.

Yet it had looked good to investors, at least for a while.

Pets.com spent exorbitant amounts of money[...] Click here to continue reading

One of the most innovative cities in the world [you’ll never guess]

September 17, 2014
Talca, Chile

[Editor’s Note: This is the first in a multi-part series on some of the top Startup ecosystems in the world]

When Chris D. came up with a great idea for his startup he was already thinking outside the box.

But his innovation didn’t stop there. His thought process extended far beyond the business idea into WHERE to best execute his plan.

He was already established in[...] Click here to continue reading

Prepare to be Inspired

August 12, 2014
Spoleto, Italy

If you’ve been a reader of Sovereign Man for any length of time you’ve probably read about our annual youth camp.

Each summer, we bring students from all over the world to a beautiful lakeside resort in Lithuania where my colleagues and I coach them about liberty, investing, and entrepreneurship.

This year’s camp just ended just yesterday. And I’m proud to say it was the best one[...] Click here to continue reading

009: A conversation about entrepreneurship and US real estate

This podcast features a very special guest. A close friend. One of the most talented real estate investors I know. And someone who I respect beyond measure.

J Massey.

For the last two years, I brought J to Lithuania to our annual Liberty & Entrepreneurship camp where we teach up and coming entrepreneurs about business, investing, and success.

I only bring the best of the best to this camp, and J is[...] Click here to continue reading

This is why I am so optimistic about the future

February 14, 2014
Buenos Aires, Argentina

It's clear that in today's world, young people are constantly getting the shaft. Everyone is, really. But in many ways, young people have it the worst.

Youth unemployment rates in 'rich' countries are shocking. Abysmal. Young people are the last to be hired and the first to be fired.

It's young people who will inherit the mountains of debt that their governments have accumulated. And if[...] Click here to continue reading

How a 17-year old made a fortune in Chile

January 15, 2014
Santiago, Chile

In 1892, 17 year old Pascual Baburizza stepped off the boat in what looked like an unwelcoming, arid landscape in the north of Chile.

Baburizza had just spent several weeks on a boat travelling from his home island of Koločep, Croatia, which was then part of the dying Austro-Hungarian empire.

Austria-Hungary was once one of the most powerful empires in the world… replete with grandiose palaces, monuments,[...] Click here to continue reading

If you have children, you need to see these numbers

December 17, 2013
Santiago, Chile

According to a recent survey by the Pew Research Center, just 33% of Americans think their children will have a better life than they did. On the other hand, 62% believe their children will be worse off.

They’re likely to be right.  The typical American family has seen its real income (adjusted for inflation) fall for 5 consecutive years now, and it earns less in real terms that[...] Click here to continue reading

Yesterday I learned about this great residency loophole

Yesterday I had the opportunity to break bread with a good friend of mine who is an alumnus of the Startup Chile entrepreneurship program.

This is a really unique program that the government launched in 2010 at the behest of one of Chile's leading entrepreneurs. In its first few months, Startup Chile brought 22 entrepreneurs from 14 countries to Chile, providing each with $40,000 in equity-free seed capital, residency permits, and access to local[...] Click here to continue reading

The easiest place to be an entrepreneur

November 15, 2010

I've long argued that the path to becoming a successful entrepreneur lies in finding ways to create value-- solving problems. The larger the problem, or the more people affected by the problem, then the more value is created... and hence, the greater the reward for the entrepreneur.

It takes a bright and creative mind to do this; coming up with innovative solutions takes focus, energy, and out of the[...] Click here to continue reading