Best (least regulated) country for entrepreneurship?

[R1234]

I think the "best country" depends on where you want to be on the value added scale.

For low value added businesses such as being a street food vendor, developing economies will be better due to less licensing requirements and less red tape.

For 'higher level' ventures you are better off in developed countries where the regulations and institutions will actually act in your favor.

For example if you are a landlord in the US and the tenant does not pay, their credit scores get trashed and there is a defined and structured legal procedure which will put them on the curb.

In many developing countries however, collecting rent is often a real challenge and evictions are challenging as well, where many landlords resort to hiring thugs to drive out non-paying tenants.

For higher level business you need to be in a developed nation due to mature credit systems and capital markets. But the tradeoff is higher tax rates, which may be worth it in the end.

 

[Zzzz1]

Well, maybe you should frequent trading related threads more. Especially the quant/programming ones. That's where i am to be found. I kind of quitted P&R.

under the handle volpunter you use to have something worthwhile to say about trading. now your mind having been addled by debilitating disease places your posts in the nonsense category. don't feel too bad, it happens.

 

[bookish]

it's clear that you have not.

Not true. I used to share some of your opinions when I was less experienced. Profit only matters if you can keep it. If you keep focusing on profit you are going to end up a broke old man when somebody gets together with a few colleagues, bribes a few judges, and eats your lunch, dinner, and breakfast. There are lots of sharks out there that just love grubs like you that spend all their time getting fat so someone else can have a meal. Regulations are like squid hooks in your business. Every one is an opportunity for someone to bleed you and suck out your soul. You've been lucky so far. Get wise before you loose it all. Spend more time paying attention to regulations, and security. I know of one business that nearly went bankrupt because they spent two minutes on the posters (and probably someone bribed a judge).

But more to the point. My thread is not about IF I should be concerned about regulations. I'm asking WHERE there is less of it.

 

[vanzandt]

Not true. I used to share some of your opinions when I was less experienced. Profit only matters if you can keep it. If you keep focusing on profit you are going to end up a broke old man when somebody gets together with a few colleagues, bribes a few judges, and eats your lunch, dinner, and breakfast. There are lots of sharks out there that just love grubs like you that spend all their time getting fat so someone else can have a meal. Regulations are like squid hooks in your business. Every one is an opportunity for someone to bleed you and suck out your soul. You've been lucky so far. Get wise before you loose it all. Spend more time paying attention to regulations, and security. I know of one business that nearly went bankrupt because they spent two minutes on the posters (and probably someone bribed a judge).

But more to the point. My thread is not about IF I should be concerned about regulations. I'm asking WHERE there is less of it.

Palau.
Really cool place. Peaceful. Safe. Happy people. Laid back. Fresh seafood daily. Friggin beautiful. No regulations, unless you use dynamite for fishing. They get pissed about that.
I'd move there if I could. Lots of opportunity with American $'s.

 

[bookish]

Palau.
Really cool place. Peaceful. Safe. Happy people. Laid back. Fresh seafood daily. Friggin beautiful. No regulations, unless you use dynamite for fishing. They get pissed about that.
I'd move there if I could. Lots of opportunity with American $'s.

Did you do that?

Sounds so nice. I will probably never go there. Wouldn't want to spoil it.

 

[zdreg]

Well, maybe you should frequent trading related threads more. Especially the quant/programming ones. That's where i am to be found. I kind of quitted P&R.

after a recent thread was switched to P&R I posted there. not my forte. i doubt that .005 of my posts are there. it is a useful place to undermine trolls and gratuitous insulters, if necessary. of course it is best just to ignore them.

are you volpunter, reincarnated?

 

[zdreg]

Palau.
Really cool place. Peaceful. Safe. Happy people. Laid back. Fresh seafood daily. Friggin beautiful. No regulations, unless you use dynamite for fishing. They get pissed about that.
I'd move there if I could. Lots of opportunity with American $'s.

http://www.guambusinessmagazine.com...net-service-in-palau-since-the-upgrade-to-3g/
article is 2 years old. maybe conditions are better today.
they use american dollars there? what happens if $US crashes?

 

[vanzandt]

http://www.guambusinessmagazine.com...net-service-in-palau-since-the-upgrade-to-3g/
article is 2 years old. maybe conditions are better today.
they use american dollars there? what happens if $US crashes?

I think Yen works well there too.
Regarding the internet, I have no idea. 3G works fine I guess if you're not trading.
Its a cool place though. Especially if you like diving. Lots of cool WW2 stuff underwater. Visibility is unlimited. Its a very healthy place. They live on vegetables and fresh seafood. Japanese beer flown in daily.
I'd imagine healthcare sucks. Its pretty primitive. The people are as nice as can be though.
Give it another decade, it'll be ruined.

 

[Zzzz1]

Sorry, I did not try suggest you are a frequent P&R member.

after a recent thread was switched to P&R I posted there. not my forte. i doubt that .005 of my posts are there. it is a useful place to undermine trolls and gratuitous insulters, if necessary. of course it is best just to ignore them.

are you volpunter, reincarnated?

 

[Sig]

Not true. I used to share some of your opinions when I was less experienced. Profit only matters if you can keep it. If you keep focusing on profit you are going to end up a broke old man when somebody gets together with a few colleagues, bribes a few judges, and eats your lunch, dinner, and breakfast. There are lots of sharks out there that just love grubs like you that spend all their time getting fat so someone else can have a meal. Regulations are like squid hooks in your business. Every one is an opportunity for someone to bleed you and suck out your soul. You've been lucky so far. Get wise before you loose it all. Spend more time paying attention to regulations, and security. I know of one business that nearly went bankrupt because they spent two minutes on the posters (and probably someone bribed a judge).

But more to the point. My thread is not about IF I should be concerned about regulations. I'm asking WHERE there is less of it.

Thanks for the condescending words, like I said I have two companies under my belt with a successful exit on the first and count far more successful people than me as advisors, so I'll take your "I know of one business" story against my actual experience any day. You're living in a fantasy world of paranoia, and I've realized that you can't talk someone down from that without some powerful psychotropic's so I won't try. As I suspected, you're trolling at this point and don't really have any intention of starting a business and clearly never actually have, but you're an armchair expert nonetheless. If you do ever get serious about actually starting a business, my PM box is open and I'm happy to provide advice.