Expat Exchange
Free MembershipSign In

Expat Exchange Community

8 years ago

Starting over abroad - Joint venture?

8 years ago
Hello all.
I hope this is an appropriate place to post this sort of thing.

Background:
Finding myself alone for the first time in 30(-ish) years, I’m playing with the idea of starting life afresh, in a nicer climate. My preference will be to run my own business, and not seek employment with some ‘soulless major corporation’.
I’m 50+, and have worked in oil, IT, and (of late) hotel related businesses, as well as making a living as a consultant. I have worked as project manager, IT manager, IT support management, and I have also some experience as an entrepreneur.
My interests as diverse: Cooking, literature, travel, gaming, photography, technology, to name a few.
I’m able to fill many roles, some better that others, but there is strength in numbers, so I’m seeking 1-3 others who have been thinking along the same lines. The idea is to create a team (for lack of a better term) that will help and support each member, as well as cooperate on the business end of things. Helping each other deal with ‘culture shock’ is also a great reason to not go solo.
I have been mulling this over for a few months now but I’m keeping this post very general in nature, on purpose. Specifics such as location and business model will be worked out by the team, if this thing leaves the ground.
Goals:
• Move to a new country in 2016
• Set up a holding corporation, owned and managed by the team
• Short term: Set up a business that is able to support the team members at some minimum standard we define
• Mid term: Make the business profitable enough to expand into yet more businesses
• Long term: Being able to enjoy our new life. For some this means staying active in the business, for others it might mean
• Work hard – have fun – enjoy life – make friends

PM me if:
• You’re keen on this idea, and would like to form an informal (in the beginning) workshop
• You’re strongly considering relocating to another country, preferably in the southern part of the EU (Italy, France, Malta, etc)
• You have some funds to invest in this, as well as supporting yourself until a revenue stream is established
• If you have a family: They are 100% on board with the idea and are prepared to deal with lean times in the beginning.
• You would like to invest in one, or more, businesses managed jointly with others
• Although renting seems the prudent thing in the short term, buying property is your long term goal
• You are an absolutely honest person. Mistakes are ok, as long as we learn from them, but there can be no leniency where honesty is concerned.
• You are the sort of person that is prepared to work hard for little or no salary in the short term. You enjoy this type of challenge, and are both mentally and economically prepared for it.

Of course, there is no commitment at all at this stage, but I strongly encourage you to share your own thoughts on settling abroad and becoming self employed (in the context mentioned above). You should also say a few words about yourself and your current situation.

Cheers,
Tore

GeoBlue
GeoBlue
Innoinsure
Innoinsure

Hassle-free health insurance policies that meet all Spanish visa and residency requirements. We are Innoinsure and we offer policies from the 2 leading health insurance companies in Spain: DKV and Asisa. 100% success rate for VISA and residency applications.
Get Quote

InnoinsureInnoinsure

Hassle-free health insurance policies that meet all Spanish visa and residency requirements. We are Innoinsure and we offer policies from the 2 leading health insurance companies in Spain: DKV and Asisa. 100% success rate for VISA and residency applications.
Get Quote

Moving-to-Morocco10 Things to Know Before Moving to Morocco

If you're planning a move to Morocco, here are 10 things expats living there wish they had known before moving to Morocco.

If you're planning a move to Morocco, here are 10 things expats living there wish they had known before moving to Morocco. ...

Making-Friends-in-the-US10 Tips For Making Friends in the United States

Expats in the U.S. sometimes find it hard to make friends. While it can be challenging, the United States offers quite a few ways to make the process of making friends easier than one might think.

Expats in the U.S. sometimes find it hard to make friends. While it can be challenging, the United States offers quite a few ways to make the process of making friends easier than one might think....

Moving-to-VietnamMoving with a Pet to Vietnam

Prepare for your move to Vietnam with a pet. Understand the vaccination needs, travel details, and item restrictions in Vietnam. This essential guide helps you navigate the process of moving with your pet and reduce the chance of unnecessary complications.

Prepare for your move to Vietnam with a pet. Understand the vaccination needs, travel details, and item restrictions in Vietnam. This essential guide helps you navigate the process of moving with your...

Expats-in-Bulgaria10 Tips for Living in Bulgaria

Expats living in Bulgaria can have all kinds of experiences while living abroad there. The capital city of Sofia offers a much different experience compared to what expats will experience in a Bulgarian village. These tips will help you understand what it means to live as an expat in Bulgaria.

Expats living in Bulgaria can have all kinds of experiences while living abroad there. The capital city of Sofia offers a much different experience compared to what expats will experience in a Bulgar...

Copyright 1997-2024 Burlingame Interactive, Inc.

Privacy Policy Legal