"I think the definition of an entrepreneur is someone who takes risks. In America, you might be thinking, 'OK, I have enough to break even.' But what business are you going to do with $20? When you have excess funds, you can take risks, and I think that's the common issue with people living in America."
"Had I tried to have a business in the States, the cost of living might have kept me from taking the leap. The fact that I was able to not have my daily costs be such a burden allows me to fully invest in the company, to scale up more advertising, and just to do it in the first place."
"You also broaden your horizon dramatically when living abroad because you start to see other cultures and how they do things versus how we do things. I got into dropshipping while traveling the world."
Ryan Garrido, owner of Dropshipping High Ticket, emphasizes that living abroad significantly lowers living costs, allowing for greater investment in business ventures. He believes that the American cost of living restricts risk-taking for entrepreneurs. After transitioning from a sales job in the U.S. to studying meditation in South Korea, he discovered high-ticket dropshipping through a friend. He invested in a course and has successfully operated his dropshipping store since 2019, highlighting the advantages of a global perspective in business.
Read at www.businessinsider.com
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