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In this episode, Justin speaks with Edmund John, CEO of Flag Theory.\n\nFlag Theory helps people internationalize, by assisting them with company registration, residency requirements, tax advice, passport strategies, and more. \n\nwww.flagtheory.com \nwww.passports.io \nwww.bankaccounts.io \nwww.incorporations.io \n \nWhat is Flag Theory? 6 Flags to internationalizing yourself; Edmund added a 7th. \n\n1) Citizenship (Passport), with thought towards tax strategies\n\nOnly 2 countries have worldwide tax obligations: USA and Eritrea, small country in Africa with human rights violations\n\n2) Residency\n\n3) Offshore Company\n\n4) Bank Account (Assets)\n\n5) Physical Assets\n\n6) Digital Security\n\n7) Digital Assets (bitcoin, etc)\n\nHow do you structure your life to avoid trading time for money, like a lawyer or a CPA does? A: Entrepreneurship\n\nEdmund personally has companies and residencies in: Singapore, Thailand, Panama City\n\nWhy are more Americans renouncing their citizenship than ever before? \n\nJohn takes us through an example of setting up a company in Singapore, and what the benefits might be\n\nJohn's business has been operating for 6 years now. What does he know today, that he wishes he would have known when starting the business? \n\nHow do privacy strategies protect you from frivolous liability lawsuits?\n\nRocket Internet https://en.wikipedia.org/wiki/Rocket_Internet - example of how execution is more important than ideas\n\n\u201cI think asking the right questions is sometimes better than providing the answers.\u201d\n\nRecommended book for people getting into entrepreneurship: \u201cThink and Grow Rich\u201d Oldie but a goodie http://www.amazon.com/Think-Grow-Rich-Napoleon-Hill/dp/149617545X \n\nHow does Edmund set out a certain amount of time each day for working towards the goals that he wants to accomplish? \n\nA: Habit Tracker \u2013 phone app (Justin found ReWire on Android that seems great)\n\nIf Edmund could write a tweet that went viral, what message would it give? A: That daylight savings should not exist.\n\nIf you are looking to internationalize yourself, and create privacy, reach out to Edmund: www.flagtheory.com