Скачать или смотреть Why is Switzerland so rich? | Startup | Sarthak Ahuja

Why is Switzerland so rich?

👉🏼 Now, for a country that is landlocked, has no access to sea, it’s frigid on top of a mountain, and has no easy access to oils or minerals to support, it’s damn hard to make money… so it’s such a learning to see how they navigated it using some strategic decisions.

👉🏼 First, get into an industry where you can provide services to the world’s richest.

They started off providing services of wealth storage and management with secrecy thus attracting the richest of the world.

Switzerland has headquartered some of the largest banks managing the global wealthiest’s money… UBS, Credit Suisse, Julius Baer…

👉🏼 Next, you don’t unnecessarily get into conflicts with anyone else, nor pick sides in others’ issues.

It’s always maintained political neutrality, and has one of the most stable governments for the longest time, making it attractive for company headquarters.

👉🏼 Next, you pick manufacturing in industries where it’s a low weight, low volume but high value product.

Because getting raw material on top of the mountains and then taking it to the world can be a logistical nightmare…

So you pick - Jewellery, watches, chocolates.

And then you go all out differentiating yourself on quality with such crazy commitment that the world believes your luxury and premium positioning.

Since 2015, it’s number 1 on the Global Innovation Index.

👉🏼 Next, you make it easier for people to and the top corporate tax rate is roughly at 20%, with it being lower at around 12-15% in a few regions


-------------------------------------------------------------------------------------------------------------------------
Click here to subscribe to my YouTube channel: https://bit.ly/3cpTleK
-------------------------------------------------------------------------------------------------------------------------

Like, Share, Subscribe for more!

Follow me on my other social media handles for all updates, events and live sessions-
Instagram:   / casarthakah.  .
LinkedIn:   / sarthak-ah.  .
Website: http://www.casahuja.com/
-------------------------------------------------------------------------------------------------------------------------

A Chartered Accountant with about 10 years of experience in areas of Tax Advisory, Startup Consulting, Fundraising, Audits, Deal Advisory, Business Modelling and contract CFO services.

Winner of the ISB Young Leader Award 2017 and the Best All Rounder, PGP Class of '17, Sarthak has also been published about in the leading financial newspapers such as The Financial Express as possibly the youngest Indian to have completed the courses of CA, CS and CMA along with a graduate degree in Financial & Investment Analysis from University of Delhi, all by the age of 23 years.