Quit my last ever job 2 months ago.

[Paweljestsuper]

Hi Guys,
I have gone through TMF in audio format in 3 days and immediately dived into Unscripted . 2 months ago I quit my job an am working on launching my business. As a result of the audiobook I am now shifting form a time for money model to one that is removed from my time and scalable. Book was recommended by a close trusted friend. I have been in sales for 27 years and have had many attempts to break away from a job and start a business but have not done it so far. With the quidance from the book now is the time.
Take care and look forward to contributing to the forum.
Pawel

 

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[Justin L]

Welcome Pawel!
Good luck with your business, do you mind if I ask what kind of business you have in mind?

 

[Hitch-hiker]

Good luck Pawel! From which city are you from?

 

[Paweljestsuper]

Gents,
Thanks for the welcome. I am based in Warsaw Poland. But similar to MJ warmth and sun fuel me so working on moving to a southern aEuropean location like Spain. My business is focused around sales outsourcing, sales process design, and building a platform for remote sales work.
Take care.
Paweł

 

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[p0stscript]

Welcome Pawel

All the best with your business and I look forward to your contributions.

 

[MJ DeMarco]

Welcome Pawel, Spain sounds nice, but I'm afraid it's a terrible place for entrepreneurs... essentially you're signing up to be a dairy cow who the state will want to milk for their various socialist causes.

My business is focused around sales outsourcing, sales process design, and building a platform for remote sales work.

I suppose you saw an untapped potential here?

 

[Paweljestsuper]

Hi MJ, nice to meet you it‘s great to connect.
I want to build a platform business that has global potential. Sales outsourcing is something that will always find clients the issues is that its tougher to build a remote employee side.
I can detach the business setup and the place of living as with PL citizenship I have access to all EU states. I don’t exactly want to run by Spanish rules but rather live ther and setup the business in the country that is most faviourable for global operations like Malta or Ireland.
Still working out the kinks. Business and place of residence do not have to be so closely connected.
Either way I now need to setup a source of income that can power the platform development.
Take care,
Pawel

Welcome Pawel, Spain sounds nice, but I'm afraid it's a terrible place for entrepreneurs... essentially you're signing up to be a dairy cow who the state will want to milk for their various socialist causes.



I suppose you saw an untapped potential here?

 

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[addV]

Spain sounds nice, but I'm afraid it's a terrible place for entrepreneurs... essentially you're signing up to be a dairy cow who the state will want to milk for their various socialist causes.

I know it a little bit,

Personal income tax is pretty high
Corporate tax 25%, dividends tax: 19%-26%
There is also a "personal wealth tax", typically from 700K on, unless you live in Madrid