In late 1995 I began presenting seminars to teach folk about the dangers of signing sureties. But I had no way to accept payment.
I had closed a firm in 1992. The sureties I had signed gave birth to judgments. No bank would to touch me. This meant no cheque account. In turn this meant I could not accept credit card payments.
Back then lifting yourself by your bootstraps after a business closure was very tough.
Now it takes less than two weeks and less than R2,000 to set up a business online with a payment system taking credit cards from anyone on earth. Those funds get paid to you weekly in any town on earth even if you do not have a bank account. You can do this even if your credit record smells like blue cheese in any country on earth.
This implies:
– the risks and costs of starting up and closing down can be so low that you can do it as often as you want;
– the risks and costs of operating a “global” business are lower than setting up a “local” business in, say, Cradock;
– South Africa is an ideal place from which to rule the world, with its very low cost of living compared to Europe, constant sunshine, and more than adequate supply of Internet.
What’s stopping you?