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How do you REALLY work and travel?
4 steps you need to take to make it real
Please excuse our “Thai time” tardiness on this week’s newsletter. Better late than never though — right?!
Working from the Beach Doesn’t Have to Be a “Someday” Thing.
Over the last year of speaking with 1,000+ people who want to get into online business, the most common thing we hear is…
“I want to be able to travel more and work from anywhere.”
But few of them have any idea how to actually make that happen.
This newsletter will give you our framework on the steps to take if you want to
make money while traveling
not stress about going broke
be able to enjoy the places you go
So if you want to travel for months instead of taking two-week vacations
Read all four of the steps below.
Step-by-Step Strategy
Work online (duh)
Expenses = 30% of your income
Do performance-based work
Build automatic money machines
Step 1: Work Online
We know this sounds obvious — but stick with us here.
If you want to be able to make money from anywhere, the first step is getting paid to do work that doesn’t require you to be in a specific place at a specific time.
This can be a full-time job, consulting or freelance work, or your own online business.
You could just stop here, and you’d technically be able to work while traveling more, but you’re going to run into a few issues…
…which is why steps 2, 3, & 4 are important!
Step 2: Keep Expenses Around 30%
If you’re living pay check to pay check, you probably won’t be able to travel for very long.
Remember: the goal isn’t to just travel more this year;
it’s to travel more every year—which means NOT going broke doing it.
Our essential expenses equal about 30% of our average monthly income. This includes
rent
electricity / water
food
car maintenance
gym memberships
software to run our business
We intentionally keep our expenses this low, so we can use some of our income to travel guilt-free!
Ex: we used to rent an office space that costed us around $900 / month, all in. We ditched that expense, set up mini offices in our apartment, and use that extra $12k to swap Canadian winters for places like this.
Now, we’re not sweating about paying two rents this Jan - Feb, because it’s still costing us a lot less than if we’d kept that non-essential expense.
Are we going to “live below our means” this way forever? Probably not.
But why can’t we live out some dreams while we work on the others?
This is how we make this lifestyle work NOW while we build our online business — and you can too.
Step 3: Do Performance-Based Work
Get paid for a result you provide, not for hours of your time.
When you get paid for a result, you have the freedom to choose when you work. Otherwise, traveling to other timezones will feel pretty limiting.
Imagine traveling to Thailand and having to work all night because you’re chained to a North American 9-5 schedule. Nope, please!
Getting paid for a result gives you the flexibility you’re looking for.
Ex: we help local businesses get customers, and we take sales calls for the program that taught us how.
Our income depends on how many sales we close, not how many hours we work.
Think about it: we all have the same 24 hours. So how do some people make $100k per month while others only make $5k?
Because the big earners don’t tie their time to making money.
Because getting paid for your time really limits you.
Find a valuable skill that solves problems for people, and sell them that result. The more you improve, the more you can charge — and the more flexibility you can have.
We worked harder in December to close more sales and ended up making 50% more than usual — so we could have the option to work a little less while in Thailand.
Step 4: Build Automatic Money Machines
Once you’ve covered the basics of making money online, keeping your expenses lower, and getting paid for your results — this is what takes it to the next level of freedom.
Imagine waking up richer than you were when you went to bed.
This is possible if you use your skills to build assets and tools that you can keep selling to people.
Books
Online courses
Video trainings
Templates
These are all things that you put the work in to build, and can keep earning you passive income for months (or years) to come.
Make it as valuable as you can, and sell it to the people who would benefit from it.
If you’re committed to the journey of…
being in the best shape of your life
earning more money in better ways, and
having meaningful relationships
then join others like you in our community!
Disclosure: This post contains affiliate links. If you make a purchase through these links, I may earn a commission at no additional cost to you.
Robert from Arizona
found last week’s hidden logo in the centre of the rich, fit, in love diagram!
Robert is CEO of Eagle One Insight Marketing & Advertising.