1. How and why did you choose to go nomadic?
As a digital nomad you can combine travel with entrepreneurial pursuits. Having been disenfranchised with the mainstream “9 to 5” career-oriented vision of life for as long as I can remember, it was the perfect combination of several elements of a freer way of being that I had already been nurturing in my life.
Also, the advantage of being able to earn money remotely in a country with a much lower cost of living is perfect for the early stages of getting a business going. Many people who would like to be entrepreneurs get stuck in their life for financial reasons or lack of time in their current jobs, working full time just to pay the bills and have a bit of fun on the weekend.
2. What was it like leaving your home country?
I had travelled a lot over the years before I really moved out so it wasn’t actually a big deal. I was already used to the experience of appearing in a brand new place, new country, without any ties or knowledge of where I was. But I enjoy that kind of adventure and feeling of novelty and freedom so it was a very positive experience.
I’d also decided that I would leave my country at some point several years before I actually did so again, it was pretty smooth really.
3. What are your biggest struggles? Fears?
The biggest struggle is the issue of being in a place only temporarily. This means you consistently make friends and create relationships with people who you then may not see for a long time or even again, which is quite hard sometimes.
It’s also very tiring having to constantly plan your next steps and that is a drain on time and energy that I would rather be investing in work or other areas of personal growth. It can be quite a challenge to stay focused and not get disrupted from your flow in work life when you are moving to other countries all the time just because your visa is running out or it’s winter and you want to escape the cold. But, of course, I think it’s worth it otherwise I wouldn’t do it!
4. How are you funding your lifestyle and what projects are you working on?
Most of my income so far has been from e-commerce and affiliate marketing. I’m also working on a software service and developing an automated currency trading system.
5. What is the estimated monthly cost of living for one of your favorite locations? What lifestyle does that afford?
Budapest: Airbnb about $730 per month, you can get much cheaper if you stay for 6–12 months and rent a “real” place. We are talking a basic but pretty nice studio apartment in a good central location close to all the action for that price. A meal out at a regular restaurant would average about $10–$12. A medium cappuccino where you are working will be about $3.
6. What is your top tip for someone who aspires to earn money online and travel?
Don’t procrastinate or worry about it. Go somewhere cheap if you need to, Chiang Mai is one good option, and hustle. You will be fine.
Honestly, people seem to think they are taking some big risk but you really aren’t. If you aren’t happy in your current life, make the decision to change it, you aren’t getting any younger. Ultimately we do what we need to, but if you stay in your comfort zone then you never need to do anything different so you won’t.
The quickest way to start making enough money online is to put yourself in a situation where you HAVE to. Sink or swim.
A close friend of mine dropped out of uni 18 months ago and ran out of rent money in England so had to sleep in a tent in his Mum’s house because she had rented out the spare room. He did that for a few months and now he has 6 figures in the bank and is pulling in over $600 per day. That happened because of the pressure he created by taking a step rather than chickening out or procrastinating.