Massive Ask Me Anything Business/International Version AMA | Sovereign CEO | Podcast #69

Introduction

In this section, Caleb Jones introduces the AMA (Ask Me Anything) video where he will be answering questions related to business, finance, politics and other topics. He also mentions that he has already done an AMA on his Alpha Male 2.0 Channel for male lifestyle-related questions.

• Caleb Jones welcomes viewers to the Sovereign CEO version of the AMA.

• He mentions that he will be answering questions related to business, finance, politics and other topics.

• Caleb informs viewers that he has already done an AMA on his Alpha Male 2.0 Channel for male lifestyle-related questions.

Standard Spiel

In this section, Caleb explains what type of questions he will not answer during the AMA and why. He also mentions that all names have been removed from the questions to ensure unbiased answers.

• Caleb explains that he will not answer questions related to his net worth or investments due to legal and liability reasons.

• He mentions that all names have been removed from the questions so that answers can be given based solely on their merit.

• Caleb states that he has seen about a third of the questions beforehand but will give extemporaneous answers for the rest.

Time Stamps

In this section, Caleb addresses whether time stamps will be provided for the video and podcast versions of the AMA.

• Caleb states that no time stamps will be provided as it would take too much time and effort.

• He suggests signing up for one of his coaching services if you want time stamps.

• Caleb expresses frustration with people who complain about free content.

Future of USA under Trump vs Biden

In this section, Caleb shares his opinion on whether there would be a significant difference in the future of the USA if Trump was President instead of Biden.

• Caleb believes that there would be no significant difference in the future of the USA under Trump or Biden.

• He explains that right-wingers and left-wingers would be happy for four years, but the collapse would continue.

• Caleb cites Trump's lack of progress during his previous term as evidence to support his opinion.

Delaying the Collapse of the United States

In this section, the speaker discusses how Trump supporters failed to acknowledge that Trump would only delay the collapse of the United States by a few years. He also criticizes right-wing figures like Charlie Kirk for spreading misinformation about Trump's presidency.

Misconceptions About Trump's Presidency

• The speaker points out that none of Trump's supporters acknowledged in 2016 or 2017 that he would only delay the collapse of the United States by a few years.

• The speaker criticizes Trump supporters for not thinking rationally and being overly excited about his presidency.

• The speaker refutes claims made by right-wing figures like Charlie Kirk that Trump had the best foreign policy in a hundred years and presided over the greatest economy in US history.

Advice for Dealing with Impending Collapse

• The speaker advises people to stop focusing on Trump and instead focus on building their own businesses and creating location-dependent income. He also suggests setting up an international backup plan in case of collapse.

• The speaker warns that collapse is inevitable and encourages people to prepare accordingly.

Warning Others About Impending Collapse

In this section, someone asks for advice on how to warn loved ones living in Germany about its impending collapse. The speaker explains that it can be difficult to convince people until they experience it firsthand.

Warning Loved Ones About Impending Collapse

• Someone asks for advice on how to warn loved ones living in Germany about its impending collapse.

• The speaker explains that it can be difficult to convince people until they experience it firsthand, even if you provide them with articles and data. He suggests that people need to be open to the idea of collapse before they can be convinced.

Copywriting and Future of Education

In this section, the speaker talks about the importance of good copywriting in various platforms such as websites, email, social media, and LinkedIn. The speaker also shares his vision for the future of education.

Good Copywriting

• Good copywriting is important for websites, email, social media, and LinkedIn.

Future of Education

• Current classroom settings are outdated and need to be completely revamped.

• Advances in AI and other technologies can help improve education by allowing students to learn at their own pace with a general direction provided.

• Basic skills such as reading, writing, basic math, and history should be taught in schools.

• Business and finance skills should also be taught early on to prepare students for their future careers.

Living in Guadalajara

In this section, the speaker talks about living in Guadalajara specifically.

Living in Guadalajara

• Guadalajara is the speaker's favorite city in Mexico but there are other good cities too.

• It is important to live in a relatively safe area since some parts of the city are not safe.

Becoming a Specialist Blogger

In this section, the speaker discusses becoming a specialist blogger for high-end professionals who need blogging services.

Becoming a Specialist Blogger

• As long as you are very niched and a good writer you can still pull off being a specialist blogger today since many companies are uncomfortable with having AI write their blog posts.

• However, this may change in the future with the rise of AI technology.

Importance of Developing Multiple Skill Sets

In this section, the speaker emphasizes the importance of developing multiple skill sets to avoid being replaced by technology. He shares a quote from Earl Nightingale and encourages coders, writers, journalists, and attorneys to build other skills.

Developing Other Skills

• Earl Nightingale's quote highlights the importance of developing other skills besides one's primary skill set.

• The speaker advises coders, writers, journalists, and attorneys to develop additional skills to avoid being replaced by technology.

• Full-stack development is an example of a valuable skill set for entrepreneurs or business owners.

Marketing Strategies with No Money

In this section, the speaker discusses marketing strategies for businesses with no budget. He suggests cold calls as his default answer but also mentions organic growth through blogging, SEO, videos, and niche targeting.

Marketing Strategies

• Cold calls are an effective way to market with no money according to the speaker's experience as a consultant.

• Organic growth through blogging, SEO optimization and videos can be effective if you have a niche target audience.

• Other marketing strategies include DMing people on LinkedIn or reaching out via email for cold outreach. However, cold calls remain the best option depending on your product or service offering.

Location Specific Business Ideas

In this section, the speaker responds to a question about location-specific business ideas in Paraguay versus the USA.

Location-Specific Business Ideas

• The speaker advises against starting a location-dependent business in Paraguay or any other country.

• While similar businesses to repairing Chevrolet pickup truck speedometers and reprogramming automotive SRS computers are possible in Paraguay, the speaker recommends avoiding location-specific businesses altogether.

Do Your Own Research

In this section, the speaker emphasizes the importance of doing your own research before making any decisions.

Importance of Research

• The speaker advises viewers not to copy his actions blindly but instead do their own research before making any decisions.

• He cites Andrew Henderson's advice on owning land in South America and encourages viewers to explore other options besides Paraguay.

Location Independence

Caleb talks about how to convert a business into a location independent operation. He suggests training others on how to develop their own businesses, consulting or coaching with other people who pre-program.

Converting to Location Independent Operation

• Caleb suggests training others on how to develop their own businesses.

• Consulting or coaching with other people who pre-program is another option.

• Service the people who are your competitors or were your competitors in other regions over the internet.

Selling Products or Services

Caleb discusses selling products or services and addresses concerns about having an accent and anxiety on camera.

Selling Info Products

• Caleb suggests that you don't have to be on camera to sell info products.

• You can do blogging, emails, hire someone else to speak for you, do podcasts or videos.

• Don't make excuses.

Anxiety on Camera

• If you're shy on camera, practice until you get better at it.

• Most famous YouTubers were terrible in their first videos but they kept practicing and got better.

• Billy from Unchained Business podcast was terrified of being on camera but she got better after practicing.

Paraguay Safety and Citrus Farming

Caleb answers questions about Paraguay safety and investing in citrus farming.

Paraguay Safety

• MS-13 gang has nothing whatsoever to do with Paraguay. There are no gangs in Paraguay.

• Investing in Paraguay citrus farming is a general question. Caleb suggests investing in things that are very simple, corn, soy, cows, cattle or something that will do well in bad economies.

Monetary Theorists and Social Economists

Caleb shares his thoughts on monetary theorists, socialist economists and Marxists.

Caleb's Opinion

• Caleb thinks they're wrong.

• Richard Wolff is a famous socialist on YouTube.

Building a Railway in Southern California and Monetary Theorists

In this section, the speaker talks about the chaos of building a railway in Southern California and monetary theorists who believe that printing money will not have any negative consequences.

Chaos of Building a Railway in Southern California

• The cost of building a railway in Southern California is around five million dollars per mile.

• The government wasted 20 to 40 million dollars trying to build the railway but did not make any progress due to mismanagement.

• The speaker believes that the government is incompetent and does not know how to handle such projects.

Monetary Theorists

• Some monetary theorists believe that printing money will not have any negative consequences because we owe it to ourselves.

• To challenge their argument, the speaker suggests asking them why the United States federal government doesn't print up a bunch of money every January 1st and pay every American age 18 or over with $100,000 tax-free check.

• If they say no, ask them why they wouldn't recommend it.

Best Embassies for Renouncing US Citizenship

In this section, the speaker discusses which countries have the best embassies for renouncing US citizenship.

Best Embassies for Renouncing US Citizenship

• According to people who have done this before, European embassies tend to be better than South American ones.

• However, none of these countries have great embassies for renouncing US citizenship.

• It's recommended that individuals do their own research before making any decisions on where to renounce their citizenship.

Experience with Paraguay Residency Paperwork

In this section, the speaker shares his experience with getting paperwork from Paraguay for his residency.

Experience with Paraguay Residency Paperwork

• The speaker had to get paperwork apostilled at the US federal government level, which normally takes two months.

• However, it took five months for him to receive the paperwork due to delays caused by the US government.

• He advises individuals to be patient and have backups upon backups when dealing with residency paperwork.

Starting a Cyber Security Business and Favorite Gaming Platform

In this section, Caleb discusses what kind of cyber security business he would start and his favorite gaming platform.

Starting a Cyber Security Business

• Caleb is asked what kind of cyber security business he would start and what his favorite niche would be.

• He mentions that it wouldn't be cyber security for SAS companies because it's not a narrow enough niche.

• Caleb suggests doing cyber security for WordPress hosting platforms but acknowledges that he would need to do more research to find the right niche.

Favorite Gaming Platform

• Caleb's favorite gaming platform is PC because he doesn't play Nintendo or Xbox.

• He enjoys shoot em games but doesn't have the personality to sit there on a first-person shooter for eight hours at a time.

• His all-time favorite game is Baldur's Gate two, followed by Civilization five.

• He also recommends Alien Isolation as an incredible game that accurately follows the canon of the Alien movies.

Thoughts on 5G Towers and EMF Radiation

In this section, Caleb shares his thoughts on whether 5G towers are dangerous for health and EMF radiation from cell phones.

• Caleb admits that he hasn't done much research on this topic but believes in the two percent rule regarding EMF radiation from cell phones and other devices.

Switching to a Blade Razor

In this section, the speaker talks about switching from an electric razor to a blade razor due to concerns about the electric field being too close to his face.

Switching Razors

• The speaker switched from an electric razor to a blade razor due to concerns about the electric field being too close to his face.

• He pays attention to not having anything with a strong electrical field near his face.

Universal Basic Income and AI

In this section, the speaker addresses objections to Universal Basic Income (UBI) in light of AI potentially putting millions out of work.

Objections to UBI

• The laws of Economics do not change because of robots or AI.

• Proponents of UBI argue that it is necessary because automation will cause job loss, but UBI is still not a viable solution long-term.

• Communistic economic practices do not work long-term and will not suddenly start working just because of AI.

• The implementation of UBI will eventually lead to the collapse of countries that adopt it, including the United States.

• Welfare checks and other forms of free money often result in wasted resources.

Free Market Version of UBI

• A free market version of UBI could be implemented by trillionaires voluntarily contributing their own money towards it.

• Billionaires and trillionaires would want to avoid living in a society where only they have wealth while everyone else lives in poverty.

Providing Basic Needs

In this section, the speaker talks about how to provide basic needs for someone without giving them cash.

Providing Housing and Basic Necessities

• The speaker suggests that billionaires pay for the rent of a studio apartment with two roommates.

• They will also provide Wi-Fi, transportation cards, and food.

• The speaker advises against giving cash directly to the person in need.

Pricing Consulting Fees

In this section, the speaker provides advice on pricing consulting fees.

Value-Based Pricing

• The speaker recommends value-based pricing.

• This means asking the prospect how much money their problem is costing them per year.

• Based on their answer, you can make a proposal that shows how much more profitable their company would be if you solve their problem.

• Your fee should be based on the value you are producing for the company.

Starting a Business to Reduce Taxes

In this section, the speaker discusses starting a business to reduce taxes.

Showing Intent to Produce Profit

• The speaker explains that in most countries, you have to show an intent to produce profit when starting a business.

• You can start a business while still having a full-time job and use a separate checking account for business expenses.

• You don't need an LLC until you start making money.

• Even if you don't make money in your first year and show a loss, you can write it off on your taxes legally.

• However, eventually, you must start making money and showing profit.

Setting up an LLC or Corporation

In this section, the speaker discusses when to set up an LLC or Corporation and the benefits of doing so.

Setting up an LLC or Corporation

• It is recommended to not set up an LLC or Corporation until you're making at least twenty-five hundred dollars a month.

• Being wealthy is a defense against everything, including CBDC's.

• Men who are hyper-flexible or have a net worth of more than 10 million dollars outside the value of their primary residence will be okay during this Dark Age.

• Getting wealthy is a defense against all kinds of things, including CBDC's.

Importance of Wealth

In this section, the speaker emphasizes the importance of wealth as a defense mechanism in times of crisis.

Importance of Wealth

• Being wealthy is important as it provides a defense against everything.

• For those who want to be wealthy, having a net worth goal outside the value of your home should be one of your goals.

• The speaker prefers having an after-tax monthly residual income goal over having a net worth goal.

Starting Businesses in Africa

In this section, the speaker talks about starting businesses in Africa and provides some recommendations.

Starting Businesses in Africa

• The speaker recommends watching his Sovereign CEO YouTube channel video on Africa for more information on which countries to start businesses in.

• The amount needed to start a business varies depending on what type of business it is.

• Starting a consultancy or coaching practice in Africa may not require any money, just living expenses.

Leaving the Western World

In this section, the speaker discusses leaving the Western world and obtaining a Canadian passport.

Leaving the Western World

• The speaker recommends getting a Western passport as soon as possible if that is your goal.

• It doesn't matter when you leave after receiving your passport.

• If you're from a third-world country, getting a Western passport is recommended.

Being There for Your Kids

In this section, the speaker emphasizes the importance of being there for your small children and highlights that divorce is not an excuse to abandon them.

Key Points:

• Divorce is not an excuse to abandon your small children.

• The speaker has grown kids, but he believes that having small kids requires a different level of commitment.

• The only valid excuse for not being there for your kids is if you don't have any.

Leaving or Staying: What You Need to Do

In this section, the speaker advises people who do not have a valid excuse to leave their current location as soon as possible. He also recommends watching his video on six things one must do if they choose to stay.

Key Points:

• If you don't have a valid excuse, leave your current location as soon as possible.

• Watch the speaker's video on six things one must do if they choose to stay.

• One of the six things is avoiding living near cities and paying off debt.

• Establishing a location-dependent business that doesn't rely on people in your country is crucial.

Niche Marketing Sales Strategy

In this section, the speaker talks about niche marketing sales strategy and why it's essential. He also explains how his team helps clients establish their niche market.

Key Points:

• Fitness is not recommended as a niche because it's too saturated with competition.

• Healthcare is okay, but it's still not a micro-niche.

• The speaker's team spends a month and a half on nothing but niche marketing.

• The team helps clients establish their niche market and guides them in establishing an inch marketing sales strategy.

Making Money with Niche Marketing

In this section, the speaker talks about how his team helps clients make money within 90 days through niche marketing.

Key Points:

• Clients will be making money within 90 days of working with the speaker's team.

• The team works with clients until they start making money.

Residency in the Philippines

In this section, someone asks the speaker for advice on gaining residency in the Philippines.

Key Points:

• The speaker doesn't have any information on gaining residency in the Philippines since it's not one of his flags.

• He suggests asking people who have residency there or commenting below to get help from someone who knows more about it.

Thoughts on Australia Collapsing

In this section, the speaker shares his thoughts on whether Australia will collapse after the USA.

Key Points:

• Australia and New Zealand won't collapse but stagnate instead.

• Consumer debt and government debt are much less than that of other collapsing Western countries.

• Proximity to Asia and Southeast Asia rising economies like China will help prevent collapse.

Living in Different Countries

In this section, the speaker talks about his experience living in different countries and how difficult it can be to establish residency without paying taxes. He also discusses his favorite cities to visit.

Establishing Residency in New Zealand and Australia

• New Zealand has a clear structure for establishing residency.

• Australia and New Zealand do not want new residents unless they are wealthy or famous.

Favorite Cities to Visit

• The speaker's favorite cities are Hong Kong and Shanghai.

• Dubai is another city that the speaker enjoys visiting.

• London is a city that the speaker likes to visit but would not live there.

Countries That Were Not Impressive

• Paris, France was not impressive to the speaker.

• Tokyo, Japan was not as impressive as the speaker thought it would be.

Loving the World

In this section, the speaker expresses his love for all countries and emphasizes that the world is a great place.

Appreciating Diversity

• The speaker states that he loves all countries and has never encountered one that he did not like.

• He believes that the world is a great place.

Rich vs Poor

In this section, the speaker discusses why there are fewer rich people than poor people and how it can be reversed.

Becoming Rich

• Approximately 91% of rich people started out as poor people and worked hard to become wealthy.

• The left-wing narrative that all rich people are lazy and inherited their money is false. Only 9% of rich people inherited any money.

Lack of Motivation

• Most people are not willing to do what it takes to become wealthy, which is why poor and middle-class individuals vastly outnumber rich individuals.

• Lazy individuals cannot be forced to work hard, so it is impossible to reverse the ratio of rich to poor individuals in society.

Inherited Wealth

In this section, the speaker shares his thoughts on inherited wealth.

Losers with Money

• Some of the biggest losers he has met are those who were born into wealth and inherited their money.

• While he agrees somewhat with left-wingers who criticize inherited wealth, only about 9% of rich people inherited their money.

Motivation and Wealth

• Arnold Schwarzenegger once said that his children would never be as motivated as him because they were born into wealth.

• The speaker's goal for his children is for them to be highly educated, involved in charitable work, and good people rather than ass-kicking business owners.

Losing Everything

In this section, the speaker discusses what he would do if he lost everything.

Not Moving Back to the US

• If he lost everything and had to move back to the US, he would not move back.

Rebuilding a Location Independent Lifestyle

• The question asks what he would do to start building back his location independent lifestyle if he lost everything, but the speaker believes that this scenario is unlikely to happen. Therefore, he does not provide an answer.

Diversifying Income Streams

In this section, the speaker emphasizes the importance of having multiple income streams and shares his personal experience with diversifying his own income.

Importance of Spare Income

• Having a spare income is more important than having a spare tire in your car.

• The speaker argues that he would rather have a spare income than a spare tire.

• He has diversified his own income and has many spare incomes.

Dealing with Hypothetical Scenarios

• If something catastrophic were to happen, such as the collapse of the United States, the speaker would take a hit in his income but would be okay because he is Five Flags and has multiple income streams.

• He would get on the phone and contact everyone he knew through past business associations to sell their products or services for a commission.

• The speaker believes that as long as you don't mess up your reputation, you can always make it work.

Marketing Online Games

In this section, the speaker provides advice on how to market online games effectively.

Focusing on Online Game

• The speaker advises focusing completely on online games instead of physical games because they require less work.

• He suggests purchasing an online game and running ads targeted at a specific niche audience.

• The niche should be narrowed down to people who have money to spend, such as rich college kids or those attending Ivy League schools like Harvard.

Running Ads

• Facebook ads, YouTube ads, and Instagram ads are recommended for running targeted ads.

• The speaker suggests tracking every number related to click-through rates, conversion rates, upsell rates etc. daily and adjusting accordingly.

Overall Summary:

The transcript covers two main topics. Firstly it discusses diversifying one's income streams by emphasizing its importance and sharing personal experience. Secondly, it provides advice on how to market online games effectively by focusing on online games instead of physical ones, running targeted ads, and tracking every number related to click-through rates, conversion rates, upsell rates etc. daily and adjusting accordingly.

Five Tracks for Making Money Online

In this section, the speaker talks about the five tracks that are focused on making money online.

The Five Tracks

• The five tracks are consulting, coaching, selling an online course, selling a business or personal service, and selling a membership.

• These five tracks have high margins and can help make money quickly.

• Writing an ebook or selling hard products is not focused on because it takes longer to make money from them.

Bitcoin Bull Market and Selling Gold

In this section, the speaker talks about his opinion on the next crypto bull market and his experience with buying/selling gold and bitcoin.

Bitcoin Bull Market

• The speaker thinks that bitcoin is starting another bull run now.

• He is unsure if bitcoin will go over $100k in the next bull run.

Selling Gold for Bitcoin

• The speaker sold some of his gold last year and bought bitcoin when it was at around 20k.

• He has not sold his bitcoin yet but plans to do so eventually.

YouTube Creator Insurance and Protecting Against Lawsuits

In this section, the speaker talks about whether he has YouTube creator insurance and how he protects himself against lawsuits.

YouTube Creator Insurance

• The speaker does not have specific YouTube creator insurance but has various things in place to protect him from getting sued.

Protecting Against Lawsuits

• The speaker cannot disclose publicly what he has in place to protect himself from getting sued.

• He assumes that he won't get sued and is not worried about it.

Location Independent Business

In this section, the speaker talks about his son's location independent business.

Son's Business

• The speaker's son has a location independent online marketing company that focuses on social media and ads.

• His niche was real estate agents but may have shifted in the last year or two.

• The speaker believes that his son is financially independent and making more than $200k per year.

Enrolling in 90-Day Business Builder Program

In this section, the speaker talks about whether someone should enroll in the 90-day business builder program if they have limited professional skills or don't know what area to specialize in.

Enrolling in Program

• If someone has limited professional skills or doesn't know what area to specialize in, they should still enroll in the program.

• However, if someone wants to design and manufacture their own hard products, the program will not specifically help with that.

Real Estate Services and Country Selection

In this section, the speaker discusses the decline of the US housing market and how it is moving towards an apartment culture. The speaker also talks about their real estate services company and a couple's search for a country to live in.

Decline of US Housing Market

• The United States is moving away from a house culture to an apartment culture due to economic reasons.

• Few Americans will be able to afford homes as the collapse of the United States continues.

• Giant corporations like BlackRock are buying homes and renting them out to people.

Country Selection

• A couple in their mid-40s is looking for a country with low taxes, low cost of living, great healthcare, warm climate year-round, English speaking, growing country, friendly people, zero crime rate, territorial tax country.

• Paraguay comes closest to meeting these criteria but does not have amazing healthcare or English speaking population.

• There is no country on Earth that has all the qualities they are looking for.

Criteria for Selecting a Country

In this section, the speaker discusses various criteria that people look for when selecting a country to live in.

Criteria for Selecting a Country

• Freedom

• Vaccines were not required during the pandemic

• Territorial tax country

• Growing country

• Friendly people

• Great healthcare (not available in all countries)

• Low cost of living

• Warm climate year-round (preferably Mediterranean if possible)

• Little to no natural disasters

Concentration of White Women

In this section, the speaker responds to a question about which countries have the most concentration of white women who are traditional feminine submissive.

Concentration of White Women

• Traditional feminine submissive white women are not submissive anywhere in the world.

• Eastern European women are traditional but not submissive.

• White women who are feminine and traditional can be found in the US and suicidal West Europe, but it is difficult to find them.

• Asian girls are traditional, feminine, and submissive.

Finding Real Estate in Foreign Countries

In this section, the speaker discusses the challenges of buying real estate in foreign countries as a Westerner and provides some tips on how to invest in real estate markets abroad.

Investing in Real Estate Markets Abroad

• Buying land or real estate in foreign countries is an advanced level Five Flags thing that requires a lot of travel and knowledge.

• If you're not a citizen or resident of the country where you want to buy property, you'll need to pay cash since banks don't lend money for properties like American banks.

• The best option is to move to that country full-time, become a legal resident, wait for a year, and then apply for bank accounts and loans.

• Another option is to invest in funds like InvestAsian Read Kirkenbauer where they buy properties in Vietnam, Cambodia, Thailand etc.

London Minus Economics

In this section, the speaker talks about his experience visiting London and shares his thoughts on the city's women, food, and people.

Thoughts on London

• The speaker loves visiting London but wouldn't live there because of its failed society even if minus economics.

• Women from London are not attractive unless they're foreigners.

• The food in London sucks; it's bad compared to other places he has visited.

• People from the UK are very nice and cool.

Office Space and Terminator Movies

In this section, the speaker talks about his love for the movie "Office Space" and how he related to it. He also discusses his favorite Terminator movie and why he thinks Hollywood can't make good movies anymore.

The Movie "Office Space"

• The speaker loved the movie "Office Space" because he lived a similar corporate lifestyle in his first job at a software company.

• He related completely to everything in the movie, including having a boss like that and co-workers like that.

• The speaker mentions that there are few movies or TV shows that have come out throughout his life that were literally his life, such as season one of Stranger Things.

• Watching "Office Space" was like watching a time warp back to his childhood.

Terminator Movies

• The speaker is asked if he likes Terminator 1 or 2 better. He says it's hard to choose but ultimately picks Terminator 2 as one of his favorite movies of all time.

• However, he also mentions that the first Terminator movie is one of the best movies ever made in any genre and is amazing.

• The scene in Tech Noir from Terminator 1 is perfect and James Cameron constructed it perfectly to build tension through music, slow motion, editing, etc.

• According to the speaker, Hollywood doesn't know how to make good movies anymore and isn't allowed to make them since late 2000 teens.

Learning New Skills

In this section, the speaker talks about the new skills he is learning and improving upon.

Management Skills

• The speaker is learning management skills to manage people in various groups and project management at a high level.

• It has been difficult for him, but he is still learning.

Joint Venture Coordination

• The speaker is focusing on joint ventures as a hardcore division in his companies.

• He is learning how to sell his products to other people's audiences with their help and vice versa.

Weight Loss and Physical Fitness

• The speaker is learning how to manage food, mindful eating, calories, and deal psychologically with weight loss and physical fitness.

• He has learned a lot but still needs improvement.

Continuous Improvement

• According to the speaker, you always have to keep improving until you're done.

• If you've accomplished all your goals in life, then you can sit on your ass and not improve.

Cost of Living in Dubai

In this section, the speaker talks about the cost of living in Dubai.

Nice Condo

• A nice condo could mean different things for different people.

• The apartment that the speaker had in the marina part of town was a two-story two-bedroom apartment that ran him $2800 USD per month.

Gym Membership

• A gym membership will be slightly more expensive than an equivalent gym membership in the United States.

• Going to a nice gym like the one that the speaker's wife goes to would cost around $120 USD per month.

Simple Groceries

• Simple groceries cost more or less the same as in the United States.

House Cleaner

• A house cleaner is cheap and can do your entire apartment for maybe $30 USD a week.

Fasternet

• Fasternet costs about the same price as you would expect in the United States.

Nightlife and Partying

• The speaker did not provide any information on this topic.

Income Required

• According to the speaker, you don't need much income to live in Dubai.

Debt and Investment

In this section, the speaker talks about debt and investment. He advises against having any debt except for those that generate income such as rental properties or business loans. He also suggests paying off all debts by withdrawing money from an IRA account.

Paying Off Debts

• Having zero debt is ideal, except for those that generate income.

• Rental properties or business loans are acceptable forms of debt.

• If you have a big amount of debt and investments in an IRA, withdraw the money from the IRA to pay off all debts immediately.

• Borrowing money to put into an investment is not advisable.

Niche Site Builders

In this section, the speaker talks about niche site builders who create content that attracts traffic and monetize their sites through display ads and affiliate marketing. The speaker suggests focusing on improving click-through rates, conversion rates, and mastering one website before cloning it to increase revenue streams.

Monetizing Niche Sites

• Niche site builders attract traffic through content creation and monetize their sites through display ads and affiliate marketing.

• To be more profitable, focus on improving click-through rates and conversion rates by tweaking changes over time.

• Master one website with one set of ads in one niche before cloning it to increase revenue streams.

Factors for Business Success

In this section, the speaker discusses factors for business success such as persistence, knowledge, acumen, personality, and action. He emphasizes that persistence is crucial for success in business.

Factors for Business Success

• Persistence is crucial for success in business (65%).

• Knowledge is important but less critical than persistence (20%).

• Acumen and personality are also important but less critical than persistence (10% each).

• Action is a necessary component for success.

Converting Social Media Followers into Paying Customers

In this section, the speaker discusses effective ways to convert social media followers into paying customers who hand over cash. He suggests analyzing the audience and figuring out their biggest problems to develop a high-margin information product or service that solves those problems.

Analyzing the Audience

• The first step is to analyze the audience and get a profile of who they are.

• Figure out what their biggest problems are by asking them using polls or surveys.

• Develop a solution for that problem by creating a high-margin information product or service.

Selling Solutions

• Sell the solution on your site or partner with someone else to sell it and pay them a percentage.

• Don't just sell something, analyze who your audience is and come up with a solution for their problem.

Moving Back to Libertarian Economic Values

In this section, the speaker talks about whether he would consider moving back to a country that adopted libertarian economic values if one or more countries broke up from the United States.

Watching What Politicians Do

• The speaker emphasizes watching what politicians do rather than what they say.

• He wouldn't move back unless he saw them actually adopt libertarian policies across the board.

Breaking Up the United States

In this section, the speaker discusses his idea of breaking up the United States into several tiny company countries as he suggested in the past.

Redoing the United States

• The speaker suggests making Alaska and Hawaii their own countries.

• Draw a line down the middle of the continental United States and draw about three or four horizontal lines across the entire continent to end up with about 10 or 12 long skinny countries.

• Each country would be totally independent, have a port, and do whatever they want.

Hypothetical Scenario: Libertarianism vs Anarcho-Capitalism

In this section, the speaker discusses his political stance and preference for libertarian anarchism over anarcho-capitalism. He also explains why he believes anarcho-capitalism is utopian.

Political Stance

• The speaker identifies as a minarchist libertarian rather than an anarcho-capitalist.

• He believes that human beings like governments, so it's unrealistic to expect a society without any government.

• However, he advocates for keeping the government small, local, and decentralized for as long as possible.

Establishing a Business in Dubai

In this section, the speaker provides advice on how to establish a business in Dubai. He explains the process of setting up a corporation in a Dubai free zone and obtaining residency through it.

Setting Up a Corporation

• To set up a corporation in Dubai, you need to hire a firm that will do it for you in one of the 35 free zones available.

• It will cost you several thousand dollars to set up the corporation and about $4,000 annually to renew it.

• Once you have your corporation set up, you can open a checking account for it at a bank in Dubai. However, be aware that opening an account may take two to three weeks due to regulations against money laundering.

Renouncing Citizenship

In this section, the speaker addresses concerns about renouncing citizenship from collapsing Western countries.

Renouncing Citizenship

• The speaker believes that renouncing citizenship is necessary to avoid being legally ordered to return to a collapsing country.

• He argues that if you live in another country and have no reason to go back, the Western government cannot force you to return or inflict any legal consequences on you.

Buying Citizenship and Bankruptcy

In this section, the speaker discusses buying citizenship and bankruptcy.

Buying Citizenship

• The military in the world will have less authority outside the United States every year that goes by.

• It is not recommended to buy Dominica or Antigua CBI without an attorney as it involves legal fees of around $20,000-$30,000 and a lot of paperwork.

• It is possible to buy Dominica or Antigua CBI without an attorney if you have a legal background, free time on your hands, don't mind reading hundreds of hours a week, and can park yourself in Antigua or Dominica for months at a time.

Bankruptcy

• The speaker is personally against bankruptcy from a moral ethical standpoint because it is legalized theft.

• Filing for bankruptcy will ruin your credit for seven to eight years but if you don't care and are young, then go ahead.

• Taxes are taken at the point of a gun; hence taxes are legalized theft. The speaker does not take any government money because that's blood money.

Thoughts on Hex and Travel Setup

In this section, the speaker shares his thoughts on Hex and provides a breakdown of his travel setup.

Hex

• The speaker does not think that Hex will work.

• He has not done hardcore research on it but is aware of it.

• He knows people who have made money with Hex.

Travel Setup

• The speaker recommends his course "Travel Ace" for a full breakdown of his travel setup.

• His setup includes a laptop, portable monitor, laptop stand, wireless keyboard, and DSLR camera (which he no longer brings).

• He only brings one bag and one backpack when traveling.

• He uses a ThinkPad X1 laptop which flips around to turn into a tablet for planes.

• He has two phones - an international phone and a Dubai phone.

AI in Online Dating

In this section, the speaker discusses the potential use of AI in online dating.

• The speaker recommends watching the South Park episode about using AI in relationships.

• AI can help optimize profiles and conversations in the short term but may be replaced by something else later on.

• There is already an issue with fake profiles on dating apps.

Reasons to Move to Paraguay

In this section, the speaker discusses the reasons why someone would want to move to Paraguay.

Reasons to Move to Paraguay

• Tax benefits, cheap cost of living, and attractive women are some of the main reasons why people move to Paraguay.

• If you're looking for a high-tech first world lifestyle, then Paraguay is not the place for you. It's more suitable as a plan B or a safe haven in case of a collapse in the Western world.

• Other than tax benefits, cheap cost of living, and safety, there aren't many other reasons why someone would want to move to Paraguay. If you're looking for excitement and cool things to do, then Brazil or Buenos Aires would be better options.

Portugal as a Place to Move To

In this section, the speaker talks about Portugal as a place to move to and gives his opinion on whether it's a good option.

Is Portugal a Good Place to Move To?

• The speaker believes that moving somewhere that is considered the least bad country in a bad region doesn't make sense. He wouldn't recommend moving there unless you have specific financial or logistical reasons.

• If you're dead set on Europe and can't detach yourself from it for some reason, then Portugal might be an option. However, there are so many other cool places on Earth that are much better than Europe.

• The speaker thinks that there are so many better places all over Southeast Asia, South America, Dubai, Thailand, Malaysia etc., than Portugal.

El Salvador as a Place to Move To

In this section, the speaker talks about El Salvador as a place to move to and gives his opinion on whether it's a good option.

Is El Salvador a Good Place to Move To?

• The speaker thinks that even though crime has gone down in El Salvador, it's still not a good country to move to. He believes that locking up all the criminals doesn't suddenly make it not a [__] country anymore.

• The speaker is interested in seeing what happens in the next two or three years with the current president of El Salvador. However, he still thinks there are so many better places on Earth than El Salvador.

El Salvador and Future of Technical Skills

In this section, Joe Rogan and Naval Ravikant discuss the current situation in El Salvador and the future of technical skills.

Importance of Group Effort for Positive Reforms

• Positive long-lasting reforms in a country require a group of people committed for a long period of time.

• It takes more than one person to turn a country into a prosperous economy.

• Negative reforms can be made by one person, as seen in places like Venezuela and Cuba.

Future of Web Programming

• AI is replacing web programming at an increasing rate.

• There is no specific date for when web programming will be replaced by AI, but it will happen soon.

• Technical nerds should start learning new skills to future-proof themselves.

Marketing as the Skill to Learn

• There are no technical high-income skills that will last the next 20 years due to AI taking over.

• The skill to learn is marketing or sales if you're an introvert.

• Starting a business requires marketing or sales skills.

Marrying a Colombian for Residency

In this section, the speaker discusses the option of marrying someone Colombian to obtain residency in Colombia.

Marrying a Colombian

• The speaker suggests that marrying someone Colombian is a logical option to obtain residency in Colombia.

• A prenuptial agreement should be prepared by a lawyer to separate assets.

• Divorce laws are not as strict in Colombia compared to Western countries.

Marriage Opinions

• The speaker's opinion on marriage is non-monogamous and with 100% separation of finances.

• Monogamy is not recommended unless there is an exit plan in place.

Tax Law and Accountant

• It is important to be aware of tax law in Colombia and consult with a good tax accountant or attorney.

• If living in Colombia for more than six months per year, some sort of tax will be incurred, so it's essential to figure out how to mitigate based on foreign residency status.

• Tax money coming from outside the country is taxed at a lower rate in Colombia, but it's crucial to figure everything out beforehand.

Thoughts on Stock Market 2023

In this section, the speaker shares their thoughts on the stock market.

Stock Market Opinion

• The speaker believes that the stock market is currently experiencing a bubble and has become pure speculation and irrationality, specifically talking about the US market.

• The US stock market has become quasi-governmental as it has been pumped up by government funds over the last several catastrophes.

• The stock market is not representative of the actual value of companies, and it's a bubble.

Investment Opinion

• The speaker suggests that investing in things like Bitcoin or gold can be more profitable than being heavily invested in the US stock market.

• It's essential to have a specific exit plan if investing in the US stock market, as it's not a safe investment option for long-term retirement plans.

Consulting Practice for Businesses

In this section, Caleb talks about how businesses usually use complex systems that can be a mess. He suggests that consulting practices can help fix these issues and save businesses millions of dollars.

Consulting Practice for Businesses

• Caleb suggests that businesses usually use complex systems that can be a mess.

• He recommends starting a consulting practice to help fix these issues and save businesses millions of dollars.

• Caleb emphasizes that one does not need to know how to code at an expert level to become a consultant.

• He shares his experience as an IT consultant and how he made six figures without having a high school diploma or college degree.

Small Business Consulting

In this section, Caleb talks about the potential for small business consulting. He suggests focusing on small clinics, doctor's offices, legal firms, and hairdressers.

Potential for Small Business Consulting

• Caleb recommends focusing on small clinics, doctor's offices, legal firms, and hairdressers when it comes to small business consulting.

• He emphasizes the potential for making money in this field by installing point-of-sale systems or setting up networks.

• Caleb encourages people not to make excuses when it comes to consulting with software companies.

Leaving the Country When You Have Family Obligations

In this section, Caleb discusses leaving the country when you have family obligations. He provides his blunt opinion on whether someone has the right to leave their family behind if they need care.

Leaving the Country When You Have Family Obligations

• Caleb provides his blunt opinion on whether someone has the right to leave their family behind if they need care.

• He explains that societal programming often dictates that people must take care of their parents forever no matter what.

• However, he argues that once someone turns 18 and moves out, their obligations to their parents are done.

• Caleb suggests that people should not feel guilty about leaving their family behind if they need to pursue their own goals.

Your Parents Do Not Own Your Life

In this section, the speaker talks about how parents do not own their children's lives and that individuals have the right to make their own decisions.

You Own Yourself

• Natural law philosophy states that you own yourself and no one else owns you.

• Your parents do not own you, only you own yourself.

• You can choose to help your parents but there is no obligation to do so.

Handling Parental Obligations

• If your parents blow all their money, it is not your problem. They are responsible for their own lives.

• If you have siblings who don't want to help, it is not your fault. You should not be punished for their actions.

• If you need to help a sick parent but want to move out of the country, give them an ultimatum. Either they come with you or they stay behind and figure things out on their own.

Having Courage

• Most men lack courage when it comes to standing up to their parents. It takes courage to stand up for oneself and make independent decisions.

Consulting and Infinite Banking

In this section, the speaker discusses consulting and infinite banking.

Types of Consulting

• Consulting is an advisory capacity where you analyze a system and provide recommendations.

• There is also hands-on IT consulting where you do the work yourself.

• You can charge more money for purely advisory consulting.

Infinite Banking

• The speaker does not recommend infinite banking as he does not want to bet his future on an insurance company.

• Insurance companies can go under, and he would not recommend relying on one for long-term financial planning.

Future of BRICS Countries

In this section, the speaker discusses the future of BRICS countries other than China.

BRICS Countries GDP

• The BRICS countries have exceeded the GDP of the G7 or G8.

• However, not all BRICS countries are doing well economically.

Brazil

• Brazil has many problems and will likely be a rough place over the next few years.

Russia

• Russia is a wild card. Putin was once an effective leader but has lost his mind. Many people in Russia hate him, and outside Moscow and St. Petersburg, it's a lawless zone.

India

• India is growing slowly despite its own problems with bureaucracy.

China

• China is rising but has lots of problems.

South Africa

• South Africa has many problems and is likely a collapsing country.

Other Nations

• Saudi Arabia is doing well and rising fast.

Doing Business with English-Speaking Countries

In this section, the speaker discusses doing business with English-speaking countries.

• Americans expect you to speak English, and it does not work in reverse.

• The speaker recommends hiring an English tutor and improving your English as a priority.

Closing Deals with English Westerners

In this section, the speaker discusses how it is not always possible to close deals with English westerners without speaking their language. He also mentions that there are places in the world where he could not do that.

Language Barrier

• It is not always possible to close deals with English westerners without speaking their language.

• There are places in the world where it is impossible to close a deal without knowing the local language.

Why Aren't There Any Right Wingers Anymore?

In this section, the speaker talks about why right-wingers are no longer for small government and how they have become supporters of massive government.

Shift Towards Big Government

• Right-wingers today are for massive government and not small government.

• Donald Trump increased government spending more than any other president in history before the pandemic.

• The shift towards big government started after 9/11 when right-wingers embraced big government as a response to terrorism.

• The cultural shift towards big government continued under George W. Bush, who raised and increased government spending on steroids.

Left-Winging of Society

In this section, the speaker talks about how society has shifted towards left-wing politics over time and how right-wingers have followed suit.

Progression Towards Left-Wing Politics

• Society has shifted towards left-wing politics over time.

• Right-wingers have become another version of the left by embracing big government and increased spending.

• The right has shifted from traditional right-wing politics to Trump supporters who think it's great that he's spending trillions of dollars.

Left-wing vs Right-wing and Marketing Tips

In this section, Tim Poole discusses the difference between left-wing and right-wing individuals and their admiration for each other. He also provides tips on marketing.

Left-wing vs Right-wing

• Right-wingers often admire left-wingers who are actually more left than they are.

• People should leave the collapsing USA because there is no political solution to the problem.

Marketing Tips

• The best book for beginners in marketing is "Guerrilla Marketing" by J Conrad Levinson.

• Use your name as a brand if it's memorable, even if it's gibberish. If it's too long, chop off the first two syllables or last two syllables.

Emerging Countries with Economic Growth Potential

In this section, Tim Poole lists some emerging countries that have economic growth potential.

Top 10 Emerging Countries

• Southeast Asia: Thailand, Malaysia, Cambodia (eventually), Myanmar (in a while), Vietnam

• Oceana: Indonesia, Philippines

• Middle East: Dubai, Qatar, Bahrain (probably), Saudi Arabia (maybe)

Why is the World Moving Towards Authoritarianism?

In this section, Tim Poole explains why he thinks the world is moving towards authoritarianism.

Reasons for Authoritarianism

• People are scared due to factors such as pandemic and economic collapse.

• When people are scared they make dumb political decisions and go to strong men who step on their necks.

• Left-wingers want a caring mother, while right-wingers want a strong father.

• People are scared and they go towards authoritarianism because they want someone to save them.

Offshoring Assets and the Collapse of the West

In this section, the speaker discusses offshoring assets as a solution to prepare for the collapse of the Western world.

Offshoring Assets

• The two solutions to prepare for the collapse of the Western world are offshoring assets or having a second home base.

• The speaker has multiple locations and companies in strong niches that will do well as the Western world collapses.

• The speaker is location dependent and diversified throughout the world.

Collapse of the West

• The late 90s was considered by some as being "the last chance" to save the dying West.

• A number of things happened during this time that caused an irreversible collapse, including 9/11 and overreaction by Americans to go to war with countries that never attacked them.

• Republicans embraced massive government spending, while normal Americans embraced welfare state spending. Welfare spending skyrocketed under Bush, Obama, and Trump.

• Welfare spending quadrupled under Social Security disability.

• Around 2010 - 2012, left won culture war; right was defeated and converted into different types of left wingers.

Ross Ulbricht on Anarchy, Monarchy and Government

In this section, Ross Ulbricht talks about his views on anarchy, monarchy, and government. He believes that anarcho-capitalism is the way to go for a high-tech first world environment. However, he acknowledges that human beings are tribalist creatures who like governments. Therefore, he suggests keeping the government as small as possible for as long as possible.

Anarchy vs Monarchy

• Ross Ulbricht is for anarcho-capitalism in a high-tech first world environment.

• Keeping the government as small as possible for as long as possible leads to prosperity.

• Hong Kong and United States are both anomalies where keeping the government small led to prosperity.

• Ross Ulbricht's next AMA will be on Pink Firefly at Alpha mail 2.0 Channel.

Third Party Candidate and Bill Clinton

• The last third-party candidate in the US got 19% of votes because they don't allow such candidates in debates anymore.

• 911 was a direct response to Bill Clinton's bombing of Afghanistan and Syria to divert attention from his trial for getting blow jobs from Monica Lewinsky in August 1999.

• Bombing Tylenol factories killed people and launched into campsites which made Middle Easterners take action against Americans.

Overall, Ross Ulbricht believes that anarcho-capitalism is ideal but acknowledges that humans are tribalist creatures who prefer governments. He suggests keeping the government small for prosperity.