Aug
Planning For Crises: What To Do When Your Dream Lifestyle Becomes A Nightmare, Part 1
Photo by c@rljones
Being location independent = living the dream lifestyle of a nomadic web worker, gadding from beach to beach and setting up office wherever the mood takes you. Unfortunately the reality isn’t always as good as the dream.
And whilst our own nomadic lifestyle hasn’t yet turned on us after 18 months of lifestyle design at its finest, I’m currently stuck in the middle of my own mini nightmare…wings clipped and committed to a consulting job for 6 months in one city (even if it is the beautiful Cape Town).
But for those of you still in the planning stages to take your show on the road and become a nomadic web worker, one of the big challenges is overcoming the fear of the “What Ifs”. If you’re anything like us, you’ve already made a list of the pros & cons of your ideal lifestyle…maybe focusing in on all the things that could go wrong which would scupper your plans.
If this “what if…” list scares the living daylights out of you, possibly even preventing you from taking the plunge in the first place, let’s take a step back and look at those “what ifs…”
Break it down, and you’ll find that there are only really 3 main reasons why your dream could turn into a nightmare…
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Jul
Will Your Location Independent Business Idea Make You Enough Money?
Image by HKmPUA
How often does an idea for a business pop into your head but you’re just not sure whether it’d be popular or whether it would make you enough money to support a nomadic, location independent lifestyle?
Did you know that there is a tried & tested method of figuring this out - which is slightly more scientific than basing your business on a gut feeling?
It’s not a fancy new tool or whizz bang online app, it’s the good old spreadsheet-based business model.
But before your eyes glaze over (as mine often do when faced with rows and rows of dullardio numbers), here’s what building a business model can tell you about your idea:
- Whether it is ever likely to make you enough money
- What your earnings targets are - and whether it’s realistic to be able to hit them or not
- How much setting up & running the business is going to cost you now & in the future
- Whether it’s worth your time, effort & financial investment in the short, medium & long term
Sound good? Here’s what you do…
Jul
A Post About Lifestyle Design With Some Nuggets Of Wisdom (I Hope)
Image by krandolph.
I have a confession to make…I’ve run out of draft posts that are ready for publishing - actually there are plenty, I just don’t feel inspired enough by any of them to publish them - so this post is off-the-cuff, written on Sunday evening here in a very rainy Cape Town (no, I am not happy about that).
In this post, I’ll share my latest thoughts on the concepts of location independent living (as we approach the 18 month anniversary of living our chosen ‘ideal’ life) and lifestyle design…
Jun
The PW 5 Step Process To Identifying A Business You’re Passionate About (And That You Can Run From Anywhere)
Photo by I, Timmy
Running a company that provides business strategy & mentoring, I frequently get questions like this:
- What sort of business should I set up?
- How do I set up a business without much income?
- How can I earn an income whilst being location independent?
I’m a big believer in running a business doing something you enjoy and believe in, not just for the sake of earning money (if I wanted to do that, I’d have stayed in the corporate world as a management consultant).
But I hesitated to write this post because I wasn’t immediately sure I could break it down in a way that would be realistic and achievable for most people. However I figured it was worth a try since somebody might get some value out of it and, as usual, my ethos for blogging is that it’s better out of my head where it might help someone, than in, where it most definitely won’t help anyone!
So I’m about to describe a process which has enabled me to set up a business, attract paying clients and earn a decent income in less than 6 months doing something I enjoy…not once but three times:
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