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News Link • Economy - International

The surest way to success overseas


Tim Staermose here. Simon is out looking at property in Paraguay today and asked me to fill in.

Simon has been writing a lot lately about how the financial opportunities overseas are often greater than at home. More specifically, the opportunity to make money by ‘creating value’ overseas is substantial. As an Australian citizen who has lived abroad for most of his adult life, I couldn’t agree more.

Thing is, not all of us are meant to be entrepreneurs or run businesses. While, to a certain extent, it is a skill that can be taught, being an entrepreneur or business owner takes a certain type of personality. It’s not for all of us.

But, don’t let that hold you back. The core premise of creating value can be applied in other ways.

Where the entrepreneur creates value for his customer or marketplace, you might be the sort of person who is ideally suited to create value for the entrepreneur, perhaps as a manager or consultant.

Let’s face it, no business is a one-man or one-woman show. Even gung-ho entrepreneurs need other people on their teams to help them turn ideas into reality.

Consequently, one approach that you can take is to learn a valuable skill, something that business owners will find useful.

In the particular context we’re talking about here — internationalizing your lifestyle — that might mean becoming totally fluent in another language. Or, it could mean learning all the laws and regulations pertaining to a certain business in a foreign country.


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