If you've dreamed of traveling the world or waking up in a new exotic place every few months, the YouEconomy might have your ticket to travel.
Related: Why You Should Join YouEconomy
While finding a digital nomad used to be like finding a real unicorn, today they are everywhere you look. By 2020, about 40% of Americans will earn their living independently, according to a recent study by Intuit. Why not be location independent too?
The variety of ways to earn money while you travel is constantly growing, thanks to advanced technologies and our growing cultural ease with remote working . Here are some location independent gig categories:
1. Creative work.
If you can write, design, compose music, edit or do other creative work online, you can operate anywhere with wifi. Gig sites are low paying but can be a great way to start. Once you've developed a following, you can take your work around the world.
2. Advice.
Your technical expertise does not need to be delivered in person. A remote video consultation and project management system can keep you up to date and connected with even the largest corporate client.
3. Coaching.
From helping new entrepreneurs to guiding new parents, coaches make up a large portion of YouEconomy's independent location professionals. Personal development, health and wellness, and business are the biggest coaching arenas.
4. E-commerce.
Opening your own online craft or resale store is a viable alternative to the traditional brick-and-mortar store. If retail or hardware is your forte, why not take your sales on the road?
Buy Low, Sell High on Amazon
For people ready to take their YouEconomy lifestyle on the road (or just work from home without taking meetings), the latest trend in reselling (or flipping, where you simply buy products at a budget price and sell them at a profit) could be the path to success.
Fulfilled by Amazon (also known as FBA) is a business model and platform in which a seller buys products and then resells them on Amazon. The seller is looking for deep discounts on all the products they want to sell, from cosmetics to tools and everything in between. They buy them and then turn around to resell them for a profit on Amazon. Online storefronts like Etsy and eBay also hold potential for resellers who know how to find the right deals.
5. Direct Selling.
With more and more direct selling businesses offering easy access to products and services without the need to stock inventory, direct selling has the potential to help you earn a living and create the lifestyle that works best for you.
6. Virtual job.
From administrative assistants to database managers, online help is big these days. The upside is that no matter where you are, you can also work in person through task apps that let you help anyone nearby.
7. Online Marketing.
If you are tech-savvy or eager to learn, affiliate marketing and other sources of income online are viable options. You can start small with a blog on a particular topic and turn it into a passive income stream. It would certainly fund a few return tickets.
The opportunities are as endless as your imagination and abilities. Consider these three things before embarking on location-independent work:
• Financial responsibility is key.
Travel can be stressful if money is tight. If you don't have enough savings to pay for the medical care you need when you catch a stomach bug in another country, it's not conducive to a carefree life. Establish yourself financially by establishing a realistic budget before you go.
• Be prepared to simplify…everything.
You will need to travel light, which means selling much of what you own or paying for it. store. Simplifying also means reducing the complexity of your business. Hire virtual assistants to help you with the detailed day-to-day work, or find a business partner who also craves adventure.
• Ask for help and take advice.
Find a digital nomad who has been where you want to travel, who has worked the way you want or who knows the people who have done it. You may be venturing into the great unknown, but that shouldn't come as a surprise. Preparing for pitfalls is smart business.
If a location-independent lifestyle is calling your name, the YouEconomy awaits. Grab your ticket and go!
