How to Escape the Rat Race
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- Опубліковано 28 лис 2018
- www.nomadcapitalist.com
Most people spend their entire lives in the rat race. So how do you escape?
There are actually multiple rat races, from "Keeping up with the Joneses" to following the herd as a digital nomad.
It's easy to think that quitting your job to start a business means you've escaped the rat race, but if you're spending your entire business earnings on homes and cars, or if you're moving to Chiang Mai "just because", you may have entered an entirely different rat race than the one you left.
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ABOUT NOMAD CAPITALIST
Andrew Henderson is the world's most sought-after consultant on legal offshore tax reduction, investment immigration, and global citizenship. He works exclusively with six- and seven-figure entrepreneurs and investors who want to "go where they're treated best".
Work with Andrew: nomadcapitalist.com/apply/
Andrew has spent the last 11 years studying and personally implementing the Nomad Capitalist lifestyle, and has started offshore companies, opened offshore bank accounts, obtained multiple second passports, and purchased real estate in a total of 20 countries.
He has also spent years creating a behavior-based system that helps people get the results they want faster and with less resistance. Andrew believes that everyone can use offshore strategies to keep more of their own money, live a life of freedom, and grow their wealth faster.
About Andrew: nomadcapitalist.com/about/and...
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DISCLAIMER: The information in this video should not be considered tax, financial, investment, or any kind of professional advice. Only a professional diagnosis of your specific situation can determine which strategies are appropriate for your needs. Nomad Capitalist can and does not provide advice unless/until engaged by you.
Doing exactly what you want is much more important than 'more money' once you have a pile.
Its important behorehand too
Two of the wealthiest people I ever met not only looked like total messes but were also a couple of THE NICEST people I've ever met.
wealthy people have to learn to fake being nice because in order to get rich and obtain power in this world you need the ability to charm and persuade others. of course they could genuinely be nice but in my experience that tends to be on the lesser seen side, especially if they're entrepreneurs
Than there's hope for me! Gotta work on the 'being nice' part.
First rat race is to have cash flow that exceed your expenses to attain freedom.
Second rat race is to maintain that state or to exceed that cash flow to gain more freedom and not simultaneously increase expenses because that is when you fall back to the rat hole. Cashflow = freedom.
That's why we all get toys when we are younger..we are being programmed to be active in achieving the adult versions of them..it becomes our projection.
I can tell why you're truly successful. Consciousness creates reality. Well done Andrew.
Debora Leggerini Thank you for the kind words, Debora.
@@nomadcapitalist The Rat Race Mentality Is worse In the Western World, When the Corporate World changed wasn't that In the 80's, America In my view has made the Modern World more fast pace, where as other Western Societies have kind of copied. Most Western Societies have huge cost of living, Especially, Australia and Canada, and the U.S.A. Is all about being a Top Contender. South East Asia seems better, despite Natural Disaster, Can you get by without knowing the Language, I hear a lot of people speak English In certain Overseas Country's, Tho It's true once you escape the Rat Race your only In another type of Race. You still have to deal with Society, the Mentality of because "You have Money-Why aren't you spending It" I guess some people value their Wealth rather than splurging It all away.
@@leansephbishop4309 it is crazy in USA😚
@@leansephbishop4309 Trust me, rat race is MUCH worse in Asia.
Working 9 to 5 is a relic of the industrial revolution that’s broke and antiquated. The problem is we still have Industrial age thinking in the digital age. Instead of asking how to escape the rat race we should be thinking how did we get in the rat race to begin with? The rat race is by design. Unfortunately capitalism puts the majority of society left to fight and compete for jobs and resources.
But you bring up a great point that once you leave one rat race you essentially get in another rat race on a different level. The real way to escape the rat race is to escape the psychology and ideologies of people in the rat race.
The Rat Race is a engineered game by government and the rich to keep the working class on bottom and those on top stay rich!
Want to live a nomad luxury lifestyle without capitalism? thats a good one.
I legit typed “ rat race design” in the UA-cam search bar before this video...
@@nomadkickbox4049 Sadly true
Your either intj or infj
I wear old clothes, I ride an old scooter, I live in an old wooden barn house in rural Thailand, I eat basic local Thai food. I'm 52 and comfortably retired living off investments, dont care what other people think not out to impress anybody
The only Jones I want to keep up with is Indiana!
I will break free from society
Good luck!
So did you brother?
@@shoreeksheoratan7720 he may have broke free....even from social media
@@thisisrareform lol!Maybe
Have you broken free? From the rat race that is...
@@shoreeksheoratan7720 nah. Instead of trying to escape the "matrix" I'm learning how to make the matrix work for me....that includes using those who chose to stay in the "rat race" to my advantage.
3:58 good job, reduce that materialism! Those are major obstacles in life, and when I used to live in the US I also didn't care about owning a car or an expensive car, either! I respect you for being strong and knowing what you want, not giving into people's peer pressure and go with the flow nonsense.
love the concept of several rat race levels, it makes sense!
I’ve watched many videos on the subject from this channel and other channels. I understand now that the key to getting out of the rat race is to not give in to peer pressure from anyone to follow the Jones’s.
Lesson learned from this video, do not compare yourself to others. Do what is best for you.Great video!
This is one of the channels that gave me the courage to start my UA-cam channel 5 months ago about self development. Now I have 322 subs and > 100 hours of watch time. I know it’s not comparable with others but I’m still proud I started because I’ve been learning so many lessons that I couldn’t have learned without getting started in the 1st place.
We're glad our channel gave you the courage to start yours. Keep up the good work and continue learning through your journey!
@@nomadcapitalist Thanks so much!
I realized that the main reason for doing this is not about the success but the inspiration I've been providing some people with my stories while helping others do the same as I shared the lessons & experiences through making videos to have a sense of meaningful purpose. Therefore, I’m planning to quit nursing to pursue youtube full time as there are lots of issues in our traditional health systems as these don’t align with my values. It’s a huge learning curve but I love helping people through making videos.
Also, as part of my video creation progress, I’m switching to a better editing software and a camera so the learning curve is much higher and slows down the completion speed of my next videos so please hang on tight! I do appreciate your support and kind words! I am hoping that you can join me with this endless personal development journey! :)
Leaving your job in order to start your business and become CEO is like entering from small rat race to bigger rat race
Your ultimate goal should be becoming Nomad - Investor - free
What we really want to do is what we are really meant to do. When we do what we are meant to do, money comes to us, doors open for us, we feel useful, and the work we do feels like play to us. --Julia Cameron
One needs self-confidence to not care about what others think. Once you have self-confidence, you are in control of your life.
I loved this video!! This very topic has been repeatedly on my mind as of late. Thank you for sharing your thoughts with us, Andrew!
Glad we're on the same page, Kristopher! Happy to be of service.
Thank you. You just set up my mind in a different perspective.
Happy to help, Luis. Let us know what other topics we could cover.
A car depreciates in value.
Your videos are great! Stylish, bright, amazing quality and very very useful information. Thank you for your work! Definitely you are very talented person!
Can’t imagine how you film without any script. That is incredible!
Thanks 😊
While my income is "low," I successfully escaped level 1 and level 2, and DGAF about where and how other people think I should live.
I am so so so thankfull, that I found your channel. I love your perspective on life. Keep going :) kind regards from Poland
Thanks Darja, I appreciate it! :)
I must have missed this vlog previously but I’m sure glad I just watched this. It gives me added inspiration to move forward with my own NC lifestyle plans. Breaking from the status quo or taking the plunge requires a steely determination. Thanks Andrew!
Glad to hear that Turbo.
I like the cheap old clothes way of thinking. Why, because what goes inside your soul is a hell of a lot more than what you have on your back.
Great video! Thank you for always sharing good content Andrew 👍
Thanks, Madiaz! Glad to have you.
I'm so happy I found your channel!
vesalexiev Welcome!
Never thought about buying stuff from rat race perspective. Makes sense.
Great video! I love your content!
alteredillusions100 Thanks 🙏
Hi Andrew. I really like your content. I am working hard to get back to Asia permanently. I hope to meet you and your team someday.
Best of luck to you, Layne.
Nice watches are just as bad of an investment as a car and its also a self-esteem issue.
I've always been grateful for your content because of how accessible you've made my long term financial independence plans seem.
I'm finishing my college degree & working as an Educational Assistant. It is so far from where I am going, but it is such a growth environment. I'm learning so much about humanity and myself, as well as the income is helping me build credit & capital.
I would say I've been separating myself from the rat race for a while. I came to University to grow, expand my world view and invest in myself, while healing in a supportive environment. People have worried about, when I will finish, where I will go next, but for me it's never been the concern. I'm trying to set up my future, my kids and my grandchildren... You don't rush those things.
All this to say, I relate to this video so much, and while I don't look like "success" at this moment... My search for meaning, authenticity & human dignity has led me on a path of similar independence.
Cheers Andrew & thanks for all the nuggets you share, I feel like I have a successful friend who keeps checking in and giving me food for thought!
Steeve Sainté Thanks Steve for sharing your heartfelt story. Glad to be there for the journey.
Very interesting video, thank you for sharing this.
my plan is to graduate out of Business school, get a decent paying job (between $60k and $80k) and investing as much as I can from my salary in order to own a successful business before I turn 30, that way I can quit my job and travel around the world, start a family and enjoy life while I'm still young. Unfortunately as an Inmigrant int the US I have no capital and less opportunities to invest, therefore I need to graduate and join the rat race for a few years in order to make that capital from 0.
Good luck.
Hi Andrew, I have been enjoying your blog etc. I have just been in Tbilisi checking out some apartments. I hear there are new rules coming regarding getting a Georgian residency e.g you need to invest $100,000 ++ in real estate to get a 5 year temporary residency, then you need to keep investing to keep you residency after that. Do you think it is worth applying for Georgian residency now? Jake
Good work!
Appreciate!
Sounds very Robert Kiyosaki...Did you read "Rich Dad Poor Dad" before you began, or was it an influence as you grew your knowledge? Great books on how to escape the rat race. It's a mindset, almost a religion, you have to be a believer to make it happen.
Love this such good advice
s d Thanks 🙏
True freedom is not giving a fuck what other people think ;)
True.
@@nomadcapitalist You true says a lot about what values you have. Not the best ones
Great information. Thanks for sharing!
Thanks for the advice Andrew. I'm curious please tell me more?
You are inspiring
Andrew I need a guide in banking and investment in Gorgia and Cyprus . How can' I contact u
Being independent, or being an entrepreneur comes with a lot of responsibilities: you have to work up to sixteen hours a day, be frugal during the first years while your business take off. Why Andrew says otherwise?? IDK. Most small business owners work very hard; yes, they end up earning way more (if their businesses don't fail, like 80% do during the first 5 years), but it's not easy at all like many people think.
Sigma nomad grindset
4:34 well said!
Best channel 🏆👍🏼
Thanks, サミヤ!
Where are you in Montenegro?
Near Tivat
@@nomadcapitalist oh cool. I have property on the opposite side of the bay (near Tivat) and I'm Belgrade. Hit me up when you're in the Balkans.
Thanks!!! 🙏
I get what he's saying. The problem is, escaping the rat race may not be for everyone. In the Philippines, I have friends who are minimum wage earners, and taxes/social security contributions plus rent plus necessary expenses leave them with merely 10-15% of their monthly income. Oftentimes, they send those remaining money to their families in the provinces, or use it on a rainy day. Approximately, they earn $275 a month, and even with a 13th month pay, it just isn't enough.
In my case, I've saved $3000+ this year on freelance writing jobs, which is quite enough but still way lower compared to other countries. I'm planning to start a blog soon but that's just me "trying to escape the rat race". This might be a gamble but this is what my heart wants.
What I'm trying to say here is that it works with some, but not for everyone. I'm just about to find out if this applies to me.
Great video again
Thanks, Jason.
Well stated 😊
but how would one know when it's a ground rule to follow or just a rat race dilemma!
Thank you, Andrew!
where is the cafe .. looks familiar , Kyiv ?
car is a major major major liability, I will never own one either. I purchase assets with whatever I got, reduce or keep liabilities at bay and I slowly get rich and free. Time is valuable, money is not.
it is hard for a simple worker to do business they just don t think that way
Outstanding!
Came here to learn something new and didn't really.
Also, I'm wondering if you maybe have confused what the "me too" movment is 😂
Is Ikaria a good place to migrate to from USA?
I would want People to think im not successful.......who wants people asking you for money or have criminals see you as targets?
How can one be a nomad capitalist as a professional (e.g. a lawyer) coming from a developing country like the Philippines? What different steps or considerations should one factor in as compared to an entrepreneur coming from USA, Australia, or Europe?
Are you ready to do(Train,open jobs on line)what your saying?
I've created a series of paintings on this topic and now I'm super excited to present my first art exhibition titled "Gilded Cage: An Escape Journey on Canvas".
It will take place at the 5th Base Gallery, just off Brick Lane, in London UK.
Friday 10th May 2019: 12pm - 6pm
Saturday 11th May 2019: 11am - 4pm
Sunday 12th May 2019: 11am - 6pm
Private View:
Friday 10th May 2019 6 - 9pm
Free Tickets: gildedcageescape.eventbrite.co.uk/
Please pop in for a drink while discussing the paintings and the escape journey!
This video outlines rat races, not how to escape them
I mean he sort of tells how you to get out of different rat races, its mostly in the mind. You don't need a more expensive car, more expensive clothes, etc. Most people just go with the flow and do what other successful people do. You can break free from that mentality and sure it won't get you out of the rat race but it will save you some money and possibly change the way you think about what truly makes you happy.
👍👍👍
👍🏻👍🏻👍🏻
Hey Andrew, appreciate you sharing some experience. I am interested or at least intrigued ... have you updated your book at least the Kindle format? Do you plan on publishing it on Google's platform? I prefer reading books in the latter ecosystem.
Bro , like the vid but your hands are freaking me out . Like their moving in 2D.
AMC TO THE MOON 🌝
We still did not see you in Prague :) a successful central European country
look into the F.I.R.E. community. basically save/invest and live below your means til you can live off your investment income etc
Successful people who actually started from zero drive honda and Toyota. I wonder why 🧐
50 views and 21 replies...
Yan YaDing - UA-cam views only update every few hours.
You have the same fingers as ET from that 90s film. Please phone home
7 minutes to tell me don't be a follower. My time has a value and that is a value which you don't seem to respect. So why would I listen to you?
Why didn't you just stop watching?
I didn't stop watching because I want to give the guy the benefit of the doubt but clearly he has nothing to tell me.
@@daithi007 then I think the best thing to do is to stop replying to comments and watch other videos or do something productive ^^
@@daithi007 Why do we listen to anyone? Don't we all already know all we need? It's a curious human condition...
@@PapayaJoy agreed, but the video doesn't explain how to escape the rat race, other than to say "spend less by not copying / being influenced". Click bait title.
Dont film in a coffee place again if you want to retain subs
Why
insted of running ur the one making people running. smh