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The money thing is underrated.
Seriously. Don't bother doing business in Europe (other than selling to them when feasible).
You will drown in paperwork and bureaucracy.
Nobody wants you to succeed unlike America.
Being born American and living in Europe for 10 years, here's what I'll say:
There's things Europeans do great.
And things Americans do great.
But everything comes back to normal over time. when I moved here 10 years ago — loved being able to walk everywhere. Now with a kid? Kinda prefer the car in many cases.
Loved being able to pop to the store and buy whatever in 5 mins.
...until I realized that for 8 months of the year it means you have to dress in layers to do so.
Loved being able to take trains instead of flying...
...until I realized that to go 200 miles often takes 8 hours.
One thing Europe can't touch: The American entreprenurial/motivated/money attitude.
The thing about being an entrepreneur is that you always want to chase the next shiny object, but that requires you to basically leave behind the thing that's working.
Best thing you can do is set up the original thing to be running without you so you can pursue whatever the hell you feel like.
And of course... that's the hardest part of the whole equation.
You don't stop being busy by hiring someone.
In fact, you will be more busy when you first hire them, but the difference is that one of those scales, you can manage 10 people, but you can't do the job of 10 people.
Every founder who says, "It's easier to just do it myself," is choosing a specific problem that will get worse every month.
A business that runs by itself (ie you have enough time to do another) is the most valuable thing in the world.
Passive income + potential to exit + unlocked time
The question is can it continue to grow if you're in it only 5-10 hours a week
What are your guys’ thoughts on the advice of only focusing on one business rather than multiple?
Assuming you’ve scaled up one business to a good point, have team in place etc, would you rather fully focus on that one or do two businesses at once and scale both🤔
Being born American and living in Europe for 10 years, here's what I'll say:
There's things Europeans do great.
And things Americans do great.
But everything comes back to normal over time. when I moved here 10 years ago — loved being able to walk everywhere. Now with a kid? Kinda prefer the car in many cases.
Loved being able to pop to the store and buy whatever in 5 mins.
...until I realized that for 8 months of the year it means you have to dress in layers to do so.
Loved being able to take trains instead of flying...
...until I realized that to go 200 miles often takes 8 hours.
One thing Europe can't touch: The American entreprenurial/motivated/money attitude.
All my replies full of angry Europoors missing the point
I have traveled further without needing a passport than they will in their entire lives with one
Not as if I couldn't just walk into a European country without one these days anyway... I'll just claim that I'm a refugee
You know, I was in Ukraine when everything kicked off, and we lost everything, but I also understood that sometimes politically...this shit happens.
Now though, when I see Russia complaining about Ukraine striking back...
Complaining that the person you're bullying punched back shouldn't take anyone by surprise. You can't complain about it.
Optimize for quality candidates, not more applications.
Posting a vague job description on 5 platforms gets you 2,000 applicants and 3 weeks of sorting through garbage.
Posting a specific, direct, honest description in the right place gets you 50 applicants where 30 are actually worth talking to.
Most people are okay socially. They're fine talking with their friends, fine at dinner, fine in low-stakes situations.
But as soon as something is on the line, whether it's a date, a job, a negotiation, or a huge deal, they freeze, they perform, and they sound like everybody else.
You HAVE to be able to come through when it's on the line.
To be the same person when the stakes are highest, when you're sitting at the bar with your buddy.
Every client needed something.
Every candidate needed something.
Every system was held together with whatever the hell I'd conjured up and me showing up at 5:30am.
The fix wasn't working harder because that had a limit.
I was already working 5:30am to 3pm and had nothing left.
The fix was hiring people who could run the systems I was holding together with even jankier tapes and doo-dads.
With the war in Ukraine (though still have lots of friends there), and Belarus/Russia becoming more off-limits due to war, the soul and grittiness of EE is pretty much gone.
No you don't get it in Poland or Budapest or Prague anymore.
You can do the Balkans but they're also...well, diff vibe than the original EE vibe.
Lot of based trad western doomers bros won’t like this…
With the convergence of prices across Europe,
Besides safety (which is over exaggerated by the doomers)
Western Europe absolutely MOGS
Eastern Europe in 2026.
Quality, Soul, Vibes is 3x in the west / south than the East for basically the same prices now.
Obviously this is a generalized statement, & from someone who isn’t earning or living like a local in either.
I also love the east. It does have plenty of soul / vibes, but any objective person knows it can’t compete with some of the richest cultures on earth in that regard.
Previously, the pull to the east was the rawness, more traditional, dirt cheap
The above has changed RAPIDLY.
Question to the ‘walkable city’ advocates who hate cars:
If you go to the grocery store and have eight bags (or even four bags) of groceries, how do you get them home? You push around a little cart or something? Sounds bad.
The founder who "tried hiring and it didn't work out" is the same founder who posted a vague job description on LinkedIn, picked the person who smiled the most, gave them zero onboarding, and said "go get 'em, Tiger."
Hiring works...hiring with "go get em Tiger" doesn't.