Norway a good place to start Business? A fact check

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  • Опубликовано: 30 июл 2024
  • IS Norway a good place to start YOUR Business? this video will fact check this Scandinavian country, one of the richest on the planet.
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    Norway is a Scandinavian Country that has rich oil grounds and saves a lot of this money in their pension fund. Their "After the oil " plan tries to establish new businesses in this high tax high wages country. But is it a good place to start? This video will have a deeper look.
    Visa to Norway
    bit.ly/NorwayVisa
    ⏱Timestamp⏱
    0:00 Intro
    0:39 Norway a good place to start YOUR Business?
    1:46 Norway a high tax country
    2:18 Norway's workforce
    2:40 Popular Norwegian brands?
    3:11 Legal framework for Startups
    3:29 Abundance of capital
    4:19 Issues with Norway
    6:42 Norwegian Starup Visa?
    9:31 Is Worways a good place to start a Business?
    10:22 Outro
    This channel is dedicated to providing proper and honest entrepreneur advice for Startups, small businesses and businesses in general. AskMeStartup provides direct support through coaching and consulting.
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Комментарии • 31

  • @AskMeStartUp
    @AskMeStartUp  3 года назад

    please hit the like button and checkout the best Countries for Startups: ruclips.net/video/9sLw_xxmCMA/видео.html

  • @oluwadareflourish7748
    @oluwadareflourish7748 Год назад +3

    This really helped a lot, i was thinking of starting up my business in Norway as a foreign now i can see its a no go area.

  • @TellThemTruth247
    @TellThemTruth247 Месяц назад

    Great 👍 and helpful

  • @SamuelDirksz
    @SamuelDirksz Год назад +2

    Great video, some things need to be updated since things have changed (and will continiously) on the offerings and possibilities in Norway. I agree with a lot of points but there are very good opportunities for start-ups if you know where to start and how to work strategically. This goes for any business but I mean on getting support, help and guidance in your startup phase and further.

    • @AskMeStartUp
      @AskMeStartUp  Год назад +1

      Thank you for the additional information.

  • @Georgeworldwide
    @Georgeworldwide 2 года назад +2

    Oliver, I'm pretty active in Norway and I was impressed with alot of the points that you raised. Great channel and you have a new sub today!

    • @AskMeStartUp
      @AskMeStartUp  2 года назад

      Thank You for watching my content 🙏. Will continue to work hard for qualitative content in the future. What Do you do in Norway?

    • @Georgeworldwide
      @Georgeworldwide 2 года назад

      @@AskMeStartUp thanks, yes I found the analysis to be quite good. The only part I discussed with my wife about (she's norwegian and works with HR) is that of the salary needing to be higher at the next employer. She knows of a recent higher that is now making 30,000 euro less in the new job. I run a CMO practice where we help startups create and iterate their lead generation funnels--we do it as a training for their team or as a DFY service.

    • @AskMeStartUp
      @AskMeStartUp  2 года назад

      @@Georgeworldwide Very interesting, I once did contract research with a Norwegian company, the guys had issues finding local Norwegians they could pay be competitive. They explicitly told me they had to hire someone with no track record in Norway. Else they would have lost the business.

    • @Georgeworldwide
      @Georgeworldwide 2 года назад

      @@AskMeStartUp Definitely a talent shortage in some industries. Here local IT recruitment is a huge challenge.

  • @paulb4540
    @paulb4540 Год назад +1

    Very helpful

  • @aphalunj
    @aphalunj 5 месяцев назад

    I agree.

  • @zuhairtahan
    @zuhairtahan 2 года назад +2

    Thank you this is very informative.
    Im a hairdresser and my wife is a photographer and we are in Dubai at the moment but we planning to relocate to Norway next year as Dubai will be so overwhelming in expenses when we have kids while Norway will help us in education and health care if we become Norwegians.

    • @AskMeStartUp
      @AskMeStartUp  2 года назад

      Good luck. Just keep in mind that Norway is one of the most expensive countries in Europe

    • @Ahduciekwndnbbbsvvvghhhyyyyy
      @Ahduciekwndnbbbsvvvghhhyyyyy Год назад

      @@AskMeStartUp I’m a little confused about the focus on high expenses. While it is more expensive, you also make a lot more. Won’t that just equalise the picture?

    • @AskMeStartUp
      @AskMeStartUp  Год назад

      @@Ahduciekwndnbbbsvvvghhhyyyyy That is true if you focus solely on Norway as a market, If you need export things look different. Here, from my perspective, Switzerland is the better option.

  • @KevinSolem
    @KevinSolem 2 года назад +3

    Interesting video. Me and my brother started a carpenter/painter company (bygg og data) in 2017. We are now ca 10 guys.
    You have many good points, and I agree on the risk averse teory. It's strange actually. for my part if norway did not had the good social security net for us (nav) I would not take the chance of starting up the company in case we failed and I could not pay for food and rent.

    • @AskMeStartUp
      @AskMeStartUp  2 года назад +1

      Thank you for Your personal insight into the situation in Norway. 😀🙏

    • @Ahduciekwndnbbbsvvvghhhyyyyy
      @Ahduciekwndnbbbsvvvghhhyyyyy Год назад +1

      That’s a really curious point. Why more risk averse, when the risk is lower than in other countries? Puzzling.

  • @TellThemTruth247
    @TellThemTruth247 Месяц назад

    Hello Startup. Your website is gone. Wanted to reach you

  • @muhammadahmed333
    @muhammadahmed333 2 года назад

    Please make video of barber business in Sweden and Norway.

    • @AskMeStartUp
      @AskMeStartUp  2 года назад

      Thank you for your proposal. This is a very niche sector in two countries. Lets see if I can find usefull information on that. Cheers

  • @Marius_The_Norse
    @Marius_The_Norse 2 года назад +1

    You look at just the largest companies on the stock exchange to find startups?

    • @AskMeStartUp
      @AskMeStartUp  2 года назад

      I look at the largest companies in order to get an estimation how well the business surroudnings in a country are. A the ende you want a country that enables world brands and not burn all of its Startups.

  • @BranceARemoteJobCompany
    @BranceARemoteJobCompany 3 года назад +1

    Is it mandatory to have degree to start buisness or do job in Norway ?

    • @AskMeStartUp
      @AskMeStartUp  3 года назад +1

      Its not mandatory but since the education level is very high in Norway it’s gonna be hard without 🙄

  • @KiranKumarBokkesam
    @KiranKumarBokkesam 2 года назад

    Is it true that stingy single people in Zug, Switzerland, can save on average 3690 euros every month after all the taxes and expenses?

    • @AskMeStartUp
      @AskMeStartUp  2 года назад

      Zug is a great place, but where do you get your number from? Taxes are low but rents are high, all other costs of living are approximatley 50% above those in Germany. So to me your number needs some verification and context.

  • @Shamansdurx
    @Shamansdurx 2 месяца назад

    WHO TF wants to go there!