by MJ

Swedish Economy

A few years ago I was in Oakland for business. While there my good friend invited me to dinner for a catchup and to meet his girlfriend. When I met up for dinner that night I was introduced as "MJ, my friend that comes up with some interesting business ideas." 

On the BART back to my hotel, I thought to myself about all the ideas I've had but failed to create, or see them through long enough to mature.

Today while cleaning up the kitchen, I listened/watched an interesting video concerning the Swedish economy and its ability to produce entrepreneurs and their businesses. 

The United States does a good job of producing entrepreneurs--those that have built many of the planet's most influential businesses. Just last night I relisted to the AirBnB How I Built This episode--with tails of maxing out credit cards and hustling to keep the business afloat. 

The above video stood out because it is in direct contrast to the ideas I have of US entrepreneurs hustling to get their business off the ground or stuck in neutral. Because of Sweden's high tax rate and social programs, citizens don't have to worry about losing healthcare when they decide to spend a year getting a business started. 

In the past when I've started working on an idea it had to go on the back burner when work required more from me. Just last year my team fell behind on our contractual obligations and work went through a 6 month period of madness.

Fast forward to October 2021 and my wife and I have saved up enough money to take a break from work, spend time with our daughter, and pursue our passions. Working on these ideas still won't be easy with a baby, but for some reason I think it'll be a lot more manageable than what I had to go through last year.