I missed out on many great opportunities over the years.
I turned down clients who offered much higher rates. And I had to turn down partnership offers from some great companies.
These deals would’ve made me a much better freelancer. If only I had a PayPal account.
Popular payment services like PayPal and Stripe are still not fully available in developing countries like Sri Lanka, Bangladesh, and Pakistan. And it looks like the service won’t be coming to these countries any time soon.
Most clients don’t want to pay freelancers via direct wire transfers. And having to register with weird payment services that they’ve unheard of, always makes them less excited to hire freelancers from developing countries.
This has been a problem for me for many years. It’s not just about PayPal either. When I mention I’m located in Sri Lanka, a third-world country, many clients make lowball offers. And sometimes even never replies to an email.
I recently realized that there’s actually a solution to all these problems. And that is to register a company in the US.