vision of corporations. federal employee identification number. in delaware it can be done in just a few days. it was good i had done it legally. this wilmington cop made sure i had my permit. cost me 10 bucks. but i am legal, right? yeah, you are legal. i picked delaware because we were told they have more business friend lillas. might be a dumb business but let s try it. bure kratz are threatening this good part of america. i didn t even try to open a business in my hometown, new york city, because new york s bureaucracy is so ferocious i would have pent weeks apply to go the zoning board. the fastest growing parts of the world like hong kong they make entrepreneur ship easy. i got a business permit in one day. it s the reason hong kong got rich they encouraged entrepreneurs to try.
one of the things that s great about america is america is no prosper yet some suffered during the recession. spar compared to every country in the history of the world america is rich. so, why is america rich? one reason is that america is a good place to do business. a copy of give me a break. i am told it s a wonderful book. i opened a business recently i named it the stossel store a and. i didn t say it was a smart business but this ability to try to succeed is one reason that america is rich. this woman wants to sell an umbrella that has an extra part that keeps your seat dry. for me, i love the product.
11 bucks, a bargain. at least america is a close second. europe and much of asia have many more rules. i have started businesses in the u.k. and india it takes at least a month or more to open your doors. maybe longer in france. america s relative freedom frees up the american white business is booming. if i want to grow pinot noir i can grow it. others are free to experimet but in france government decides which grapes can be grown, how you may prune them, when you may irrigate, when you can pick grapes. in the last five years french wine sales are down 17 percent while california s are up. not having the rules and regulations they have in much of europe and particularly in frafrn he france we are able w experiment. i was able to wheel and deal without government intervention. you are a tough bargainer but
anthony sullivan sells less important stuff. here s what i am thinking. here he is helping this inventory make his own tv commercial for the back support seat. it fits any bleacher to give you the true sport and comfort. installs in seconds. i know. installs in one second. do it in one second then. sullivan sold hundreds of billions of dollars worth of products doing pitches like this. jupiter jack transmits quality sound through the speakers in your car. instead of hearing music you hear the other person. he is from britain but his business didn t thrive in britain. i found in england if there were 10 reasons you could do something there were 20 reasons you shouldn t do it. you can t do that. big difference between doing business in europe, period and doing business over here. i don t find the same culture over here in other countries.
they are not rooting for the underdog in those countries. americans are more willing to invest in new ideas. the vast majority of venture capitalists are american. i found in the states people will give you a shot. all right. i am in business. in america it s easier to start a business. fox stuff for sale. took me less than a week to get legal permission to start the stossel store. come on the street and take my money. would have taken much longer in europe. in iraq it takes an average 77 days you have to get permit after permit. those are the rules in much of the world. your business needs to file 720 quarterly exercise tax return. american bureaucrats make it harder all of the time. how do i know. i had to register with the delaware secretary of state