Quit $100k+ Private Equity to Move to South America, Does $1m Tax Business Now with Vincenzo Villamena of Online Tax Man EP 216

Published: April 1, 2016, 8:07 p.m.

b'

Vincenzo Villamena, the founder of OnlineTaxman.com, the best resources for U.S. Expats looking to stay on the good side of the IRS. Listen as Nathan and Vincenzo discuss Private Equity in-depth, moving to South America, and starting OnlineTaxman from scratch.

\\n

Bio:
No Bio Available

\\n

Famous 5
Favorite Book? \\u2013 The 4-Hour Work Week
What CEO do you follow?\\u2014 Elon Musk
What is your favorite online tool?\\u2014 Solve 360
Do you get 8 hours of sleep?\\u2014 No
If you could let your 20 year old self know one thing, what would it be?\\u2014Don\\u2019t get a job, just pursue your dreams and ideas

\\n


Time Stamped Show Notes:
01:06 \\u2013 Nathan\\u2019s introduction
01:52 \\u2013 Welcoming Vincenzo to the show
02:00 \\u2013 Making money selling candy
03:30 \\u2013 Talking PwC and the Big 4 in general
04:45 \\u2013 Got into Private Equity for the money
05:28 \\u2013 Getting paid in Private Equity
06:00 \\u2013 Bonuses were highly discretionary
06:30 \\u2013 Talking about \\u201cCarry\\u201d
08:15 \\u2013 It\\u2019s all about networking
09:00 \\u2013 Describing a private equity deck
09:43 \\u2013 The balance between hardcore numbers and noise
11:00 \\u2013 Describing IRR (investment rate of return)
11:28 \\u2013 Generally in Private Equity you can expect to lock up your money for 5 years
13:55 \\u2013 Moving to South America
14:39 \\u2013 Living in Argentina and discovering the tax opportunity for Ex-Pats
16:05 \\u2013 Clients around the world
16:24 \\u2013 In January 2016, did $40K in revenue and close to $1M for the year
17:00 \\u2013 7 employees, all virtual
17:25 \\u2013 Vincenzo@OnlineTaxMan.com

\\n


3 Key Points:
Go for your dreams\\u2014not a \\u201cjob\\u201d\\u2014from day 1.
Do NOT make a decision purely for the money.
You can have a company that is completely virtual.

\\n


Resources Mentioned:
Edgar \\u2013 Nathan uses Edgar instead of other scheduling tools\\xa0for Twitter because Edgar cycles through content over and over (buffer/others you have to re-input content over and over \\u2013 time consuming). In the last several months, Edgar has driven Nathan over 3728 clicks that he didn\\u2019t have to work or pay for.
Host Gator - Powerful web hosting made easy and affordable.
Carry \\u2013 Share of profits paid to investment manager
PwC \\u2013 Pricewaterhouse Coopers

\\n

The Top is FOR YOU if you are:

\\n

A STUDENT who wants to become the CEO of a $10m company in under 24 months (episode #4)

\\n

STUCK in the CORPORATE grind and looking to create a $10k/mo side business so you can quit (episode #7)

\\n

An influencer or BLOGGER who wants to make $27k/mo in monthly RECURRING revenue to have the life you want and full CONTROL (episode #1)

\\n

The Software as a Service (SaaS) entrepreneur who wants to grow to a $100m+ valuation (episode #14).

\\n

Your host, Nathan Latka is a 25 year old software entrepreneur who has driven over $4.5 million in revenue and built a 25 person team as he dropped out of school, raised $2.5million from a Forbes Billionaire, and attracted over 10,000 paying customers from 160+ different countries.

\\n

\\xa0

\\n

Oprah gets 60 minutes or more to make her guests comfortable to then ask tough questions. Nathan does it all in less than 15 minutes in this daily podcast that\'s like an audio version of Pat Flynn\'s monthly income report. Join the Top Tribe at http://NathanLatka.com/TheTop

'