New beginning
So what I thought was going to be Project Prague morphed again into Project Budapest, and now I am in Budapest.
I have not given up on Prague completely, but for the moment it has been put on hold due to the complicated nature of bureaucracy there. Applying for a business license and visa was insanely long and complex.
Instead, my focus has shifted to Budapest, where I believe I will also have the upper hand. In a way, it could be better because I would maximize the leverage of paying low rent and charging a lot on Airbnb. Perhaps I have unintentionally struck on gold here. After all, the profitability numbers were not that different compared to Seoul.
This time I will not mess things up when it comes to paying taxes, and overspending.
I will hire a bookkeeper/accountant to manage the cashflow so that I will actually have money to reinvest at the end of the month. The thought of exponential growth sends shivers and makes me want to jump with excitement.
I am treated like royalty by pretty girls here. I believe life can be great here.
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