How to start a business in Finland on a budget

HOW TO START A BUSINESS IN FINLAND ON A BUDGET

BY STEVEN JACKSON

HOW STARTING A BUSINESS IN FINLAND CAN CHANGE EVERYTHING? Why I decided to start a business in Finland

WHAT DOES IT TAKE TO BE SUCCESSFUL STARTING A BUSINESS IN FINLAND? It is simply about having the right mindset and the believe that you can be successful

THE DIGITAL NOMAD ISSUE FEBRUARY 2021

HOW TO START A BUSINESS IN FINLAND ON A BUDGET STEVEN JACKSON

Life in Finland for a foreigner can be a trail,

In the beginning, many foreigners are happy

but from my experience the light at the end of

with this situation, they have a great lifestyle

the tunnel is starting a business in Finland

even though they have little money. However, overtime

I am not saying that running a business is

many

like

myself

start

to

ask

ourselves:

Finland is easy because it is not. If you have enough language skills in English it is possible

"Is there something more to this life in Finland?"

to build a global business from your home computer. The reality of living here is that the

Maybe,

average salary in Finland in low and taxes are

experience more, travel more and be more.

high, while paradoxically the lifestyle is very good.

I

would

like

more,

earn

more,

HOW STARTING A BUSINESS IN FINLAND AS A FOREIGNER CAN CHANGE EVERYTHING? STEVEN JACKSON Why I decided to start doing business in Finland?

To start my story I needed to return to the time I arrived in Helsinki with my wife Anja. We arrived almost penniless, with our daughter under our arms. It was a time when I was passionate about whatever I started. I can remember starting my first real job in Finland as a youth worker. I have to say I did enjoy the experience, but even then I knew

it

was

a

transition

to

something

else,

something better.

However,

business

or

a

higher

aspirations

requires more than short term goals of getting a job, but it pays the bills and that is what is important. Since, then I have been a passionate advocate of running a home based business. I begun to understand that it could be the solution to

creating

a

global

business

online

from

anywhere in the world and in my case Finland.

More importantly, as a foreigner I understood that, it was not that easy to get business loans.

To make it clear, it was possible, but in my mind I had

already

decided

that

I

could

reduce

my

outgoing as much as possible by not running a traditional business. The online model seemed so practical, because it gave me the flexibility to live and work in Finland or not.

WHY I DECIDED TO START DOING BUSINESS IN FINLAND?

COMPARE STARTING A BUSINESS

Now that I have shown you the reality of having

IN FINLAND IN REGARDS TO

a startup business in Finland, let’s compare the

TRADITIONAL AND HOME BASED

traditional

business

to

online

home

based

business model.

MODELS By the way did I mention the hard work????

Even before I go through the list of reasons why running a online business from home is a better

If you live in Finland and can communicate in

choice over a traditional business. Let us look

English or Finnish and are interested in starting

at the failure rates of starting a business.

a business in Finland from the comfort of the

Believe it or not, it is 80 to 90% with most

home -

business owners losing a lot of money and most

will get back to you asap….

Click on the source link below and we

of it not their own. So, before you ever make a decision to become any type of entrepreneur or

Source: How to start a business in Finland on a

business owner, there is a a few things you

budget

should know.

Running a business is really hard work It is really hard to be successful in any type of business Most businesses fail within 6 months To own a successful business will take time, money and a lot of work Success is a mindset as well as skill-set that you may not have at the start If you do succeed in your business or even make a profit it will take a few years

Author: Steven Jackson