The Expat Money Show: Recent Episodes
Mikkel Thorup
KYC Chain A New Blockchain Technology From The Founder Of Flag Theory.
Edmund John From Flag Theory has embarked on a new platform and in this episode, Mikkel Thorup delves deep into what is KYC & AML and how KYC Chain is using blockchain technology to solve problems they face. We then give an in-depth review of Flag Theory and explain what is Flag Theory.
What is Flag Theory - A Review of Flag Theory
Some of you may be asking 'what is Flag Theory'? Here is a review of Flag Theory. It was created about 50 years ago and it started with 5 flags:
- Passport
- Residency
- Company (Check Out Our Services On Offshore Company Formation)
- Bank Account
- Physical Assets
Edmund John from Flag Theory has added 2 more:
- Digital Security
- Digital Assets (Additional Episodes With Cryptocurrency Founders)
Listen in to the episode now as we review Flag Theory and how all 7 Flags work to give you more control over your life.
What is KYC & AML
Edmund John From Flag Theory explains KYC: Know Your Customer & AML: Anti Money Laundering.
For decades there has been an issue with collecting personal data and how it is stored, and most important: can it be hacked. Often times as Expats we need KYC & AML for a host of different reasons, including; sending funds abroad, buying real estate or investments and getting residency or second citizenship in a new country.
If a person with malicious intent intercepts this KYC & AML pack and it contains your passport copy, utility bills, birth record, SIN or Personal Identity Number, bank account details and a host of other things they really can take control of your life...
How KYC Chain Is Using Blockchain Technology To Solve Problems
Edmund John from Flag Theory talks about Selfkey, A Self-Sovereign Identity system that empowers individuals to find more Freedom and Privacy through the full ownership of their digital identity.
And Edmund John from Flag Theory founded KYC Chain a blockchain based technology that is solving problems (explained above) by securing your sensitive data, removing redundancies making for a more user-friendly and secure environment. To learn more, you'll want to listen to the entire episode!
Covered in this episode with Edmund John from Flag Theory:
- Visa-Free Travel
- Strong passports
- Cryptocurrency
- Review of Flag Theory
- Expat Communities
Where to reach Edmund John from Flag Theory
www.flagtheory.com
www.selfkey.org
Final Thoughts
Super interesting conversation with Edmund John from Flag Theory. We broke down, what is Flag Theory? We then had a review of Flag Theory and really talked about each flag specifically. But we had to start at the beginning and talked about what is KYC & AML, topics that are a must for those that are concerned about how your own country is dealing with their economy.
I hope you get as much value from this interview with Edmund John from Flag Theory as I did… and if you would like to stay up to date with all new content that comes out at The Expat Money Show make sure you sign up below for our newsletter; EMS Pulse - My behind the scene daily correspondence where I give you all the intel as I travel the world building my business,
How To Do 2-Million In Sales Through E-Commerce & Drop Shipping As An Expat.
Ian Bond, along with his wife and family, realized they no longer wanted to live in the USA and pay big taxes so they moved to Dubai and opened several e-commerce stores using drop shipping and are living their life to the fullest. Don't miss this episode if you have thought at all about what it would be like owning an e-commerce store and drop shipping as an expat.
Mikkel and Ian Bond start by talking about the 'broken state of affairs' with the medical situation in the USA. How about Medicaid? Where is it today?
After chatting about why people continue to exit the USA for a better life, Ian Bond explains why peoples retirements are in jeopardy? What happened to 401K's, we all thought they would provide for us?? Ian Bond states that there were 3 things that we all relied on:
- Social Security
- Company Pensions
- Your Own Savings
These were supposed to be the 3 legs to the stool - Listening to this episode Ian Bond explains why this is not the reality any longer.
Ian Bond and Mikkel talk in detail about how life will look over the next 50 to 60 years. Depending on your age today and what your employment situation is, are you willing to invest all of those years in the same job? I don't know about you, but for most people, staying at the same company for 60 years is just not practical. Many of us will have 3, 4 or even 5 different careers. Are you ready for a change?
Many of you listening will gain huge benefit listening to what Ian Bond talks about as he enjoys creating his 2nd career that will fund his retirement.
3 Ways to Make money outside of your day job:
- Coaching
- Consulting - freelancing eg: copywriting
- E-Commerce/E-Commerce as an expat - Drop Shipping
"The world has changed more in the last decade than it has in the last 10 decades"
Drop Shipping
Listen as Ian Bond explains step by step what has to happen for you to take control over your retirement and what needs to happen now, not later! Tons of chatting about drop shipping and drop shipping as an expat.
What 30 years of Experience Brings to an E-Commerce Business
- Why E-Commerce
- E-Commerce as an expat
- How does it work
- Can you earn money
- Is it still attractive
- Additional streams of income
- Drop Shipping and Drop shipping as an expat
Benefits of 'Buying Websites'
Ian Bond has purchased several e-commerce websites and helps us to understand how and why you would want to buy into an existing e-commerce website oppose to starting from scratch.
And Why use Drop Shipping Physical Goods?
Question Mikkel asked: Ian, Is it too late to get into E-Commerce?
Answer: Listen to this episode to find out because Ian Bond is pretty in depth and has a ton of information to share, specifically about e-commerce as an expat.
If you're still not convinced, listen to EP 029: Jim Cockrum - Jim is a constant top 10 seller on Amazon, and along with his two closest partners (Nathan Bailey & Brett Bartlett), run a combined $25 million annual sales empire all through an E-Commerce store.
How to Reach Ian Bond
IanBond@MyRetirementRehab.me
Final Thoughts
As always, a brilliant chat with an international expat who is finally living his dream.
- Discover How To Internationalize Your Life So You Can Protect Your Wealth And Protect Your Family.
Sam McRoberts, with family in tow, left behind his home country of USA to travel the world and unschool his 7-year-old son. We talk in depth about how to internationalize your life, how to protect your wealth and most importantly, how to protect your family.
About Sam McRoberts
Sam McRoberts is the successful CEO of VUDU Marketing, where he consults with medium to large size companies and influencers on SEO. They audit websites, figuring out what's right and wrong, what needs to be fixed to increase organic traffic and helping people put together strategies so they know what to do to dominate their space.
As Sam McRoberts and his family travel the world, the most important thing he requires is a good internet connection, and from there, he can run his company. VUDU Marketing is his bread & butter, but that's not the only company Sam operates.
Sam realized in the beginning; when he was trying to learn SEO; that no one taught it, so that became his mission, to teach other people how to get the job done easily. Sam walks us through what that looks like and how SEO works.
Screw the Zoo, Sam McRoberts book is another way he has helped to monetize his adventurous travel. Listen as everything is woven together to make life as an expat easier and for more fun!
How To Internationalize Your Life
We then delve into how to internationalize your life. Besides education, how to internationalize your life is the biggest topic we discuss here on our podcast. More and more people are compelled to learn how this is done, and how easy it can be if you follow some simple rules and talk to people that know what needs to be done before you leave your home country.
We've realized that to pay big corporate taxes is just not necessary anymore. If you are traveling the world, why do you have to pay for the roads to be fixed and for schools in a neighbourhood that you no longer live in?
How To Protect Your Wealth
Once you've learned how to internationalize your life, it's time to learn how to protect your wealth. You're making big bucks so you need to protect your wealth. We chat quite a bit about this topic, because if you live in the USA or Canada, the taxes are outrageous and what's left can be a lot less than if you know how to internationalize your life and then protect your family.
How To Protect Your Family
Sam McRoberts and Mikkel Thorup both love their family. Family first! Do you know how to protect your family? Are you interested in learning how to protect your family, and how to internationalize your life, then this episode is a must listen to.
What is Unschooling
Have you been wondering what is unschooling? Sam McRoberts gives his definition of homeschooling compared to unschooling and it's right on the money. Mikkel and Sam spend at least 1/3 of the episode delving into education, what's wrong with our current system and answering the question, what is unschooling?
In Ep 029: Jim Cockrum talks about what is unschooling and how happy his children are because they chose this type of education.
What Else Will You Learn From This Episode
- What is the Schengen Area and why is it important to understand
- Why travelling the world is so important for our survival
- Flag Theory and what is Sam attempting to implement in his life
Matt Javit - International Award Winning Sales Executive Leaves It All Behind To Travel The World.
Matt Javit and his wife Nikki left their high paying Executive jobs in the USA to pursue their love of travelling the world and learning what it's like to be true entrepreneurs. Listen in to hear Matt talk about what it took to finally make the leap of faith and trust that everything they had planned for over the year was the right decision. It's been a year and a half of constant travel and Matt Javit has a lot to discuss.
Leaves it all Behind to Travel the World
Matt Javit and Mikkel Thorup discuss what life looks like when you have a great job, lots of family and friends and you decide to do what most people would say is crazy. Some would say, "how could you leave your great job? You won't earn any money, how are you ever going to survive?" Matt shares that those closest to him were extremely supportive, which really was fantastic to hear. Those questions and more are part of this fantastic interview with Matt Javit.
Things to do Before Moving Overseas
Matt Javit and Mikkel Thorup really dig deep and discuss all of the things to do before moving overseas. It wasn't a simple pack up and go. They own a home full of furniture; had 2 cars; jobs; friends...well, they had to plan ahead. An exit plan was in order and because everyone is different a well thought out plan was crucial. Matt discusses his exit plan and all the things to do before moving overseas.
Next Came the Guide to Moving Abroad
Matt Javit along with his wife Nikki set out the guide to moving abroad. What had to happen for them to make a seamless transition. Where would they go? For how long? Matt talks about how he bought their first one-way ticket to South America...and then their second one-way ticket to Europe. It all started to come together. Matt had to tell his boss...what a great story this is!
Tips for Living Abroad
Mikkel and Matt Javit laugh about the lessons they have both learned because of living overseas and their tips for living abroad. They both agree that life is never the same once you leave your safe job, a safe home, and safe friends. Your mind will never be the same. If you have ever wanted to leave your life behind, in this interview you'll get fantastic tips for living abroad.
Topics we Discuss in Depth
- How to Make friends while you're overseas
- How you can live the life you've always dreamed of
- Earning an income and what has to happen for that to be a reality
- Challenges you face living abroad
- Documenting your adventures
- Matts goals
- Mind expansion!
Re-Entry into the Corporate World
A year and a half has passed since leaving Indianapolis, Indiana. Will Matt and Nikki be able to step back into their old jobs? Will they want to after being so independent and free?
In Ep 038: Gundi Gabrielle also left the corporate world for a life of travel. If you haven't had a chance to listen to Gundi Gabrielle about the lessons she has learned make sure you go back and listen in.
Where can we find Matt Javit
Matt has a successful podcast himself called: PassportJoy
Go to his website www.PassportJoy.com and you can see his blogs about their world travels and listen in to hear his podcast!
Matt Javit's Secret to Success
Oren Klaff - Learn To Pitch Anything From The Guy Who Has Raised Over 2 Billion In Capital.
Oren Klaff is the author of Pitch Anything, which has sold well over 1,000,000 copies and he has trained over 80,000 people using the Oren Klaff Pitch Anything Method. Oren has raised over 2 Billion in Capital, so who better to learn from when you have an idea to pitch or you want to know how to raise capital. Why would you go in alone? Doesn't make any sense. Oren Klaff recounts how he would pitch, well, anything!
Oren Klaff tells us that techniques like the Pitch Anything Method come about from pain, misery, frustration, confusion, alcohol consumption, moving to the desert, living in a trailer living with a 3 legged dog and saying 'Where did I go wrong' hahaha...but I totally understand. If the systems you've been working with so far; the conventional systems we've all been taught on how to pitch a deal or to stand in front of a CEO and ask for money; are not working, then systems and techniques need to be created out of necessity.
Starting a Business Overseas
Oren Klaff talks directly to our audience, the Location Independent Entrepreneur. What is that you need to know? How a deal you want to pitch can ultimately work and how to raise capital. We all know there are international business opportunities and that starting a business overseas, with these techniques created by Oren Klaff and Pitch Anything, you are more likely to succeed.
What do you need to know first?
Frame Control
It's important to understand what Frame Control is: The Ability to see the world in terms of frames. And a frame is just someone's perspective (there is Mikkels favourite word again) on how they see things.
Time Frame
We talk about how to make the deal more likely to happen. A Time frame is directly related to frame control. Listen in to this episode. Oren Klaff and Mikkel Thorup talk in great length about frame control and time frame and if you don't have this down right, your chances of bringing in that big deal or raising capital are very slim.
Ideas & Concepts We Talk About
- Why people will do a deal with you and why they won't
- Is rapport important
- How can you raise your status to that of a peer and why this technique is so important
- How to NOT fall into the Beta trap
- International Business Opportunities
- Wolves???
3 Major Takeaways
- People want what they can't have
- People chase that which moves away from them
- and People only value that which they pay for
How can I reach Oren Klaff?
Go to Amazon or Audibles and get his book Pitch Anything in audiobook form. Oren himself reads it and it truly is one of the best books I've ever read.
Visit Pitch Mastery to discover Oren's top-level coaching: http://pitchmastery.com
What's Coming Next For Oren Klaff?
Oren's new book is called: The Users Guide to Power (working title), and I can't wait for it to come out. Watch for it on Amazon.
Here's What Oren Can Help You With
- How to Raise Capital
- A 50% Higher Sales Conversion
- Finally, Selling A Big Idea
We've had some really fantastic authors and entrepreneurs on our podcast. Listen to Ep 40: Mike Michalow...