Career working in the offshore finance business

career working in the offshore finance business

I spent the first part of my career working in the offshore finance business. My job was helping very rich people to protect their assets. We offered strategies to protect against fantasy lawsuits and greedy tax collectors. We helped people reclaim their privacy and personal freedom.

For the first five years or so, I earned very little. Much less than most of my friends from business school who had gone to work ‘in the system.’ But it was a great learning experience. I was working for myself. Everything depended on reputation. People don’t usually get rich by being dumb, so wealthy people tend to be very careful when it comes to trusting people with their financial and offshore asset protection plans. It took me at least five years to build up the necessary reputation. Getting rich depends on hard work, and hard work was what I did.

I still do a certain amount of offshore consulting and take on a few new clients each year. I approach everything I do with a free-wheeling, offshore mindset. But offshore consulting is no longer the main focus of my work. Why?