Easier in the USA.

[Fox]

#17 best seller of cat socks in the USA = billionaire

#1 best seller of cat socks in Europe = living in your car under a bridge

Nah, I am joking but the USA does have a massive market for services and goods.

That being said with the internet and social media there is really no borders anymore for a lot of businesses.
I have a friend here in Poland making more in a day than he used to in a whole year.

 

[Kak]

Hi guys, im from Australia here. reading some of these threads, the US seems an easier place to take advantage of the fastlane. Australia the great country that it is, is a lot harder to accomplish goals with the lack of population to really focus in on. Great to be here.

I don’t buy it.

There’s a lot more competition here even if there’s a lot more customers.

Don’t pick up some kind of limiting belief just because you declared it so. I even think most first world entrepreneurs would probably be more successful if they moved to the third world, but most never think that way.

I work with companies that specifically avoid the United States because of the extreme competition and cost of doing business. So there’s another side of the coin for you.

There’s headwinds and tailwinds for everything, but there are successful people everywhere. It’s not easy anywhere.

 

Dislike ads? Remove them and support the forum: Subscribe to Fastlane Insiders.

[Kak]

Apparently we are also behind Cuba, Zimbabwe, and Iran in fiscal health according to that chart. lmao ok

Singapore's got 26 billionaires, we're pushing up on a thousand.

It's easier here. Or else it would be easier somewhere else. Challange: you get dropped in one country and are told you gotta make a billion, and you'd choose any other country than the US? That's your choice, but it's a dumb one.

Fiscal health is debt math.

Singapore is one billionaire per 207k people.

USA is one billionaire per 450k people.

It’s actually mathematically twice as likely to become a billionaire in Singapore.

 

[Kak]

they are Chinese born. You're telling me you'd rather go there or to another country to make your money? Go right ahead hahaha

No I’m not. America isn’t “the big leagues” and it isn’t the capitalist alternative to a communist Australia. It’s just a place where, yes, you can make money, just like Australia.

Moving to America isn’t going to change OPs life and magically make him a successful entrepreneur. If he can’t hack it in Australia he won’t be able to hack it here.

I don’t like giving merit to his excuse.

 

[Kak]

This is a clear case of “grass is always greener.” Unless you’re @MTF in which case grass is bad and he wants biodiversity.

No more excuses. Everyone go build something that matters.

 

Dislike ads? Remove them and support the forum: Subscribe to Fastlane Insiders.

[Lex DeVille]

Hi guys, im from Australia here. reading some of these threads, the US seems an easier place to take advantage of the fastlane. Australia the great country that it is, is a lot harder to accomplish goals with the lack of population to really focus in on. Great to be here.

Australia Population: 25.74 Million

If that's not enough people to turn a business fastlane, what stops you from selling to people in the US?

Welcome to the forum.

 

[heavy_industry]

lol

If you were complaining about Iran, Iraq, Congo, Somalia etc. that would be partially understandable.

Australia is the 10th richest country in the world, which means about top 5%. Living in the first world with stable internet access is doing business in ez mode.

Sure, nothing compares to the North America market (due to its purchasing power and consumer-oriented lifestyle), but there is nothing stopping you from selling to them.

 

[Andy Black]

Google Ads is so much more expensive in the US. And the CTR on ads is poor there because Google have those Local Service Ads that show above the normal paid search ads. Google Ads seems much competitive in the US, although search volumes are higher.

Anyway, just an observation from someone living in a country of 7 million who has clients in the US, UK, and Ireland.

 

[Antifragile]

Hi guys, im from Australia here. reading some of these threads, the US seems an easier place to take advantage of the fastlane. Australia the great country that it is, is a lot harder to accomplish goals with the lack of population to really focus in on. Great to be here.

Don’t wish it were easier, wish you were better.


Can’t remember who said that, but it’s true.

 

[RoadTrip]

It is certainly not "easier" to start a business in the USA.

But it is definitely a lot easier to scale a business in the USA than in a smaller country. I'll give an example of my own business:

I improve an existing product or develop a new product. Now I need to do all this:

1. Competitor and market research
2. Intellectual property research
3. Think of a brand name and register the brand
4. Find a manufacturer and negotiate
5. Create the purchase order and make the payment
6. Create the brand style guide
7. Create the product user manual and package design
8. Launch the product online
9. Learn advertising and set-up ads
10. Figure out logistics
11. Start selling

It does not matter if I sell 10.000 or 100.000 products per year, this list of tasks consumes the same amount of time and money for both.

So instead of selling 100.000 pieces of 1 sku, I need to sell 10.000 x 10 sku's for the same financial result. And then it's not even the same because many steps have to be redone for each new product (designs costs, etc. etc.). And buying large from one manufacturer is usually a lot cheaper also.

Fortunately, in the EU we are able to sell cross-border. Meaning, I can probably sell maybe 50.000 pieces of 1 product. But even the cross-border route is more difficult because of language differences (translations) and unique tax regulations per country.

 

[MTF]

Products or services to the affluent would probably work pretty well. I imagine anything to do with real estate would work fine, especially for super rich foreigners who want to buy property in Australia.

Other than that, if you want an online business, then I agree it's best to go worldwide. I live in a country with 40 million people but it's much poorer than Australia so the global English-speaking market is way better for an online business.

 

Dislike ads? Remove them and support the forum: Subscribe to Fastlane Insiders.

[Johnny boy]

America is the main character of the world. Get out of that dry, communist, upside down country and come to the big leagues dawg

 

[Kak]

America is the main character of the world. Get out of that dry, communist, upside down country and come to the big leagues dawg

Dude you have a lawn company… I’m sure there are plenty of lawns in Australia.

America is also hardly a capitalist alternative to communist Australia.

 

[Johnny boy]

Dude you have a lawn company… I’m sure there are plenty of lawns in Australia.

America is also hardly a capitalist alternative to communist Australia.

View attachment 46122

economic freedom chart putting USA 25th is communist gaslighting from loser haters that we protect (for no good reason)

 

[FastlanerDoer]

Hi guys, im from Australia here. reading some of these threads, the US seems an easier place to take advantage of the fastlane. Australia the great country that it is, is a lot harder to accomplish goals with the lack of population to really focus in on. Great to be here.

Saying it's hard to accomplish goals in your situation is just a self limiting believe that can slow down your actual progress or get you out of Fastlane completely. A lot of other people in the world got a harder start than you, Australia is already a rich country with an average sized population. Plus now with the internet, you could easily place your business in the internet and sell your products and services worldwide. There's no excuse for 'harder to accomplish goals', anything is hard if you have a self limiting belief.

 

Dislike ads? Remove them and support the forum: Subscribe to Fastlane Insiders.

[Fox]

I am going to be next in queue with your program, Fox.

As long as you don't think I will be teaching you about cat socks haha.

 

Dislike ads? Remove them and support the forum: Subscribe to Fastlane Insiders.

[Kak]

economic freedom chart putting USA 25th is communist gaslighting from loser haters that we protect (for no good reason)

View attachment 46124


View attachment 46123

While I am beyond thankful for my guns, they aren’t an economic feature of America. More of an insurance policy.

The Heritage Foundation is literally a DC (that’s in murica) think tank and free market lobbying group. They often point out American socialist hypocrisy. They are as capitalist as they come, even trying to come up with a way to objectively measure free enterprise to make America a more globally competitive place to be an entrepreneur.

The fact remains. America is not what it claims to be from an economic freedom standpoint.

 

Dislike ads? Remove them and support the forum: Subscribe to Fastlane Insiders.

[Johnny boy]

Fiscal health is debt math.

Singapore is one billionaire per 207k people.

USA is one billionaire per 450k people.

It’s actually mathematically twice as likely to become a billionaire in Singapore.

they are Chinese born. You're telling me you'd rather go there or to another country to make your money? Go right ahead hahaha

 

Dislike ads? Remove them and support the forum: Subscribe to Fastlane Insiders.

[Antifragile]

they are Chinese born. You're telling me you'd rather go there or to another country to make your money? Go right ahead hahaha

What does this is even mean? WTF am I reading here?

 

Dislike ads? Remove them and support the forum: Subscribe to Fastlane Insiders.

[Fox]

Dude you have a lawn company… I’m sure there are plenty of lawns in Australia.

America is also hardly a capitalist alternative to communist Australia.

View attachment 46122

I am from Ireland and also have New Zealand permanent residency (lived there when younger for a while).

Both countries suck for trying to get ahead - New Zealand in particular.

I remember (in New Zealand) working my a$$ off all week to just have enough to pay for groceries.
Upward mobility there is extremely hard. All my friends from NZ migrated to Australia for better jobs.

Same with Ireland - you get taxed on everything.
For example owning a TV (remember those!) in Ireland means tax...



Also, if you get into things like running a physical business or investing in property you are playing a super high risk game. The taxes are insane, everyone wants to sue you, and just to keep the show running is super pricey.

Can you still make it in these countries? Ya, course.
But to list them as #3 and #4 for economic freedom is a laugh.

This list must be slanted by a few mega wealthy or they are looking through the lens of mega corporations.

 

[Kak]

I heard Americans like to spend money. E.g. it's easier to make an American part with his/her money than in other countries.

I would agree. This is definitely one of the tailwinds in the American consumer sector. Given enormous competition, is it enough to make America undisputedly better? I don’t think so.

A good place to start and grow a business. Sure. But making other countries irredeemable by comparison, lol no. They’re all irredeemable and we live on a slave planet. Case in point was @Fox s disgust with Ireland and New Zealand.

 

Dislike ads? Remove them and support the forum: Subscribe to Fastlane Insiders.

[dubba]

Hi guys, im from Australia here. reading some of these threads, the US seems an easier place to take advantage of the fastlane. Australia the great country that it is, is a lot harder to accomplish goals with the lack of population to really focus in on. Great to be here.

 

Dislike ads? Remove them and support the forum: Subscribe to Fastlane Insiders.

[YanC]

Maybe business is easier in the US, maybe it is not. I don't know.

In my case, it's common in France to think and say that it is a terrible place to do business, and I would tend to agree. However I've never lived in the US, so I refrain from having a definitive opinion on the matter. Here "the government" (taxpayers obviously), will send you 900€ a month even if you don't do shit (I mean, absolutely nothing), for no reason except that you live and breathe. So maybe doing business is "harder", but at the same time you don't have to work 2 odd jobs to support yourself while trying to start up something.

If 10.000 customers, which is 0,038% of the Australian population, pay you 100$ a year, you have a million dollars a year business. Australia having one of the highest standard of living in the world, I guess somehow people manage to get wealthy there too.

Good luck and welcome !

 

[AnNvr]

Seven years in Australia and I confirm what you wrote, but do not give up. Indeed It's a COMPLETELY different market of consumers than US.

But...

It's a young country, still growing in population and quality of anything: with the fact that is so far from the rest of the globe, it struggle to keep itself up-to-date, and I believe there is a lot of potential. Must be unlocked.

Girls and ladies are pouring a s*** load of money on a weekly base on cosmetic products that are never the quality level of some countries oversea, good quality wine consumption is increasing among the wealthy society, food variety is expanding, customer service in every field began to slowly improving, very slowly (there's opportunity in leveraging good customer service here), and much more. But as they already said, nothing stops us to deploy doing business online with oversea.

Have you already done a market research and gave a look to the current market trends in down under?

 

[Xeon]

I heard Americans like to spend money. E.g. it's easier to make an American part with his/her money than in other countries.

 

[Xavier X]

Indeed communism is strong here in Australia.
Chinese are flowing in bulk to conquer us.
And they eat children.
And everything is red.
I might disconnect, time for the Jinping prey and a bowl of rice.

I was wondering why everything was so red in your profile pic. That explains it!

 

[MitchM]

If you think 25 million population is bad, then how about 5.5 million? lol

You can still sell in the US . Jealous of your taxes bro.

 

[savefox]

I would agree. This is definitely one of the tailwinds in the American consumer sector. Given enormous competition, is it enough to make America undisputedly better? I don’t think so.

A good place to start and grow a business. Sure. But making other countries irredeemable by comparison, lol no. They’re all irredeemable and we live on a slave planet. Case in point was @Fox s disgust with Ireland and New Zealand.

There's like no competition in some local fields. Want to start a roofing/flooring/ac repair etc company? Sure, just make a website, learn the basics of marketing, pick up your phone and show up on time. You're already better than 90% of the competition. Now you're making $30000+ per month without even having employees just because an average person here makes $4000 instead of $300 like in some countries so you can charge a lot more. Good luck making $1000 per month running a flooring business on your own in Belarus or Russia or any 3rd world country. You have to pay 3x the average salary in fees just to start it, and then your business won't pass a fire inspection or some shit like than because you didn't bribe the inspector. Oh, by the way, your google and Facebook ads accounts have been suspended just because you're running your ads while being in a 3rd world country. But it doesn't matter anyway, you've been drafted to war, pack up your shit and go die for your dictator

 

[falcon87pl]

Don’t wish it were easier, wish you were better.


Can’t remember who said that, but it’s true.

Jim Rohn

One of my life-changing quotes.

Regarding the thread, I live in Poland and work as an IT professional for the US company which killed a bit my entrepreneurship hunger due to a very high salary and little work I need to do to keep earning good money.

But I have not given up on that dream yet as ‚I am comfortable but not satsisfied’.

As for the business owners, I know people doing online businesses and earning very good money on this market (40M). However, running a brick and mortar business is not that easy due to a red tape, rental costs or crazy interpratations which taxes should be applied.

 

Dislike ads? Remove them and support the forum: Subscribe to Fastlane Insiders.

[Xeon]

Hi guys, im from Australia here. reading some of these threads, the US seems an easier place to take advantage of the fastlane. Australia the great country that it is, is a lot harder to accomplish goals with the lack of population to really focus in on. Great to be here.

If you think 25 million population is bad, then how about 5.5 million? lol