“Networking” gets a bad rap.

The truth is: Building relationships is a critical skill—especially if you want to move to a new market.

Today in 10 minutes or less, you’ll learn:

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International investing is full of landmines.

You’re confident in your portfolio back home, but moving abroad has changed the game.

I’ve seen new expats lose thousands of dollars to unnecessary fees and taxes…

For example:

Withholding Taxes.

Never heard of this? You might want to check your brokerage account to see if you’re already paying for it.

We’ll cover this topic and more in my upcoming course, Expat Investing System (Q4 2023), which demystifies how to setup your international investments to save you $$$.

Learn how you can unlock wins in your portfolio immediately. Get on the waitlist now!

Are you moving to a new country—for career, love, school, or simply a new adventure?

Get clear on what type of relationships you’re looking to build.

You may be looking to:

Example

Whenever I get asked, “How do I transition into a new industry?”

I tell them to identify people who are 2 steps ahead of them. People who recently transitioned into the industry and on a similar trajectory will offer the most up-to-date advice on how to break into the industry.

Create a hypothesis for 2-3 profiles of different people you’d like to connect with.

Consider:

I want to emphasize this is an iterative process. It doesn’t need to be 100% perfect at the start.

Example

Let’s take when I moved from the US to Singapore and searched for product leadership roles.

Here’s the profiles I created:

Personally, I loved chatting the most with Profile B. They were similar to me and could share unique observations about how their lives in Singapore were different from back in the US.

One of the things I’ve noticed about most driven people I meet:

They have great second- and third-degree connections that go completely underutilized.

(I’m guilty of this too.)

Take 1 hour to take stock of your relationships.

Write down their name, what profiles they relate to, and who they’re connected to that is interesting.

Groups

Example:

Take my friend who is a tech executive and ex-Uber.

Uber has an active global alumni network— the company itself is present in 70+ countries and 10k+ cities.

Whenever my friend has to travel for business, one of the first things he does is reach out to other Uber alumni in the city. As a result, he gets to meet new and interesting people wherever he goes!