Entrepreneurship can be a hard thing. First off you have an idea, a nice market to be stuffed with your fluffy products. Then, there is the money question. If you are willing to make the most out of it, without the help of an investor… your idea has to be really good!
I have such an idea, to sell things to people around the globe. Of course it only came to me as a second thougt. The first one was to copy the business idea of my mother’s company, expand it (make it even more customer friendly as is right now) and start at a brand new market: Slovakia!
Okay, that would have required some money and investments at first, but then my second thought… it is going to be huge! First of all, I had to set up a company: I chose Hungary for that, first of all because of the simplicity of language, secondly because I had a contact to a friendly and moderately cheap tax accountant firm, as well as a lawyer there, too. The only problem with this seems to be the credibility aspect.
Even in Germany, where there is always an opportunity for everyone, opening a bank account can be a mess, if the only papers you have are in hungarian. This problem is going to be solved in the next days or so. THe next problem: The hungarian currency is worthless Monopoly-money! In one week, I lost more than 15% of my investment!
I’ll write more in a day or so, be ready!
David
