Sup guys, brainstorming ideas here. You have $15,000 to start up in a developing country.. you want to make it work straight away but have no problem investing your time into the business while you are there. You want it to be sustainable by month 6 from initiation.
Where would you go? What would do? How would you spend the money?
My ideas are:
Cambodia, Business visa for around $300 a year. Open a bar in a resort town and work your ass off for the first 6 months till you have staff you trust. Expand to rooms for rent when possible.
Philippines, Business visa, again similar cost for a year, this time setting up an online outsourcing company aimed at wealthy western clients who need stuff like blog updates, SEO and social media.
Eastern Europe, within the EU set up a company which is aimed at highlighting the legal loopholes for businesses to set up different aspects of their business in different locations within the EU, such as capital gains, inheritance etc. Although I figure this would require a lot more than $15k to get going..
Go go go
Where would you go? What would do? How would you spend the money?
My ideas are:
Cambodia, Business visa for around $300 a year. Open a bar in a resort town and work your ass off for the first 6 months till you have staff you trust. Expand to rooms for rent when possible.
Philippines, Business visa, again similar cost for a year, this time setting up an online outsourcing company aimed at wealthy western clients who need stuff like blog updates, SEO and social media.
Eastern Europe, within the EU set up a company which is aimed at highlighting the legal loopholes for businesses to set up different aspects of their business in different locations within the EU, such as capital gains, inheritance etc. Although I figure this would require a lot more than $15k to get going..
Go go go