Tag: Travel

 I once heard a great speaker say Everyone has a lifeStyle is how you live it.

All too often, many people of the western world are pigeon-holed into a life to which they awake to one day, and find that they aren’t as happy as maybe they thought they would be.

 

This is a result of a model that looks something like this:

What are you going to BE’ ——> seek appropriate education’ ——> Earn said lifestyle

This usually results optimistically in something like this…

‘Doctor’ —> ‘12years education/$300,000 debt’ —> ‘Practice medicine full-time/earn $200,000’

OR

‘Teacher’ —> ‘6 years education/$120,000 debt’ —> ‘Teach/earn $50,000’

 

While I am in no way criticizing any profession, what I want to bring to your attention is the idea that only the elite few follow this line of thinking and end up in a satisfying life.

 

An alternative to this would be:

‘I want to have the income to have nice cars & houses, the flexibility to travel, unlimited income, time freedom’    

 —>         ‘who has those things?  Traders, entrepreneurs, real estate landlords, etc…’  

 —>          ‘what is something that I CAN do to be in that position?’ —> ‘find someone who does that, learn from them and do that.’

 

While trading Foreign Currency is certainly not the only way to achieve this attractive idea of unlimited income AND time freedom, it is definitely A vehicle that can get you started down that road, and is ESPECIALLY attractive for people who may not have unlimited time or resources to start a business of their own, especially if they are already working full-time.

 

The Forex365Institute is a place where you can learn a new skillset, that can help you produce a new result in your life, and most excitingly is something that can be learned PART-TIME, in addition to what you are already doing.

 

visit www.Forex365Institute.com to learn more about our exclusive software, our specialized courses, and to speak with our Director of Enrollment.

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In my last blog I wrote about the Joy’s and freedoms of working remotely. If you missed it, read it here! This will give you a little better context of what I am writing about in this 5-Step process to finding the perfect remote job to keep you traveling and experiencing the world all while making money from your lap top.

Here is my 5-Step Process.

1.Find a job, skill, or way that you can actually do that will produce income without you physically needing to be there. – This is going to be your most difficult task. You may be saying to yourself “well I am a doctor, how could I possibly practice medicine from a laptop?” Well this comes down to how resourceful you want to be. My dad is doctor, a Podiatrist to be exact and he has been looking into what is known as “tele-medicine” which is basically on call and on demand video conferencing from doctors to patients. Say you have a foot problem, you go on the site, set an appointment, my dad would accept it, you are instantly connected, he gives you advice and recommendations and your done. The system charges the patients credit card and they go on their way. Booya, there is a way a doctor can work 100% remotely. You may be surprised what you find if you really start thinking of all the different ways you could monetize your skill sets right from a computer from anywhere in the world, don’t worry, we will get to that in number 2.

  1. Get really good with technology. – If you are going to have any chance at being an entrepreneur on the road, then you are going to have to get really good with leveraging technology and automation. What do I mean by this? Well put it this way, I can pretty much run all of my business from my iPhone. Everything from a CRM to a VOIP telephone system that allows me to communicate effortlessly through WIFI anywhere in the world. This means that if you are planning on getting into a business that has to ship “real” goods and logistics, as well as a customer service dept. will be necessary, then you are going to have your work cut out for you. I am not saying that it is impossible, just going to take a couple extra steps of strategic planning and utilization of technology that automates the process.
  2. Simple is better. – A good business is not necessarily a complex business. I would consider a solid business to be one that is profitable, allows you to live the life you desire, and takes care of its employees and its customers. Some of the best businesses that I know of were born out of the simplest ideas or needs by a consumer. Take for example the work we do at the FX365 Institute, we teach people how to trade currencies all over the world from office in San Diego. We have students in 20 U.S. States and 4 countries that take our course 100% remotely and learn a skill set that allows them to make money in the foreign currencies market anywhere in the world from a laptop.  Don’t overcomplicate this part. The less you need to run your business, the better off you will be.
  3. How much do you really need to make? My favorite part of explaining these concepts to people is conveying the fact that a business only needs to make you “enough” money in order for it to change your life. If you added up all of your expenses annually, and then added in the costs to live in another country or to travel a couple months out of the year I think you will be surprised to find that you don’t need to make $300K per year to achieve your goals. In fact, I have been able to travel about 2 months out of every year for the past decade making around $100k per year. The best part is that I only really needed about $60K to sustain, so any extra money that I make on top of my yearly nut goes in to savings and investments. This allows me to stay diversified, active inthe markets using online portfolio managers, and open to new ideas and businesses while I can keep the quality of life I have come to enjoy. The point is to make enough and then a little more. You don’t need to be a millionaire to pull this off.
  4. Multiple Streams of Income remotely –I know you have heard this one before, but maybe not through the lens of doing it remotely. Every book I have read on this topic is about real estate and multiple businesses that would require you to physically be somewhere to manage those streams. When you start to venture down the road of working remotely you start looking at businesses in a whole new light.

I have come up with a couple of questions that I use to test the remote possibilities of a business. These days, if they do not get passed these questions with a yes, then I am probably going a different direction. I wrote two articles that may give you more context when it comes to working remotely, follow the links below to check them out:

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Do you ever dream of being able to run a business from anywhere in the world? Have you ever found yourself looking online for different ways you could travel abroad and somehow make an income while you were halfway around the world?

Over the past decade I have been perfecting this skill. The truth is that it is not as easy as it sounds. This is especially true if you are used to a 9 to 5 standard day job. The dream of one day quitting that job and breaking free from the chains of the corporate world can be elusive and fleeting.

When I was 22 I left the country for the first time. I signed up for a study abroad trip to Spain, paid the money and prepared to leave home. To be perfectly honest, this trip wouldn’t be my first time out of America, I frequently went to Mexico in my teen years growing up in San Diego. None of my trips to Mexico had any real cultural importance. In fact, I don’t even really remember what transpired during most of those trips and never really made farther the Tijuana bars on Revolution Blvd. This trip was going to be different, I was with college kids, and there was some structure, so I figured that was a good place to start.

 

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I remember getting off the plane in Madrid. I was bustled away from the group with my host mom who didn’t speak a lick of English and was given a room in her little apartment. I was super jet lagged and had never been on a flight that long in my life, so I passed out immediately.  When I woke up it was dusk outside. I walked down the 4 flights of stairs and sat out on the sidewalk in the neighborhood. I was listening to all of the sounds of the city, and taking it all in. The smells, the cars, the food, everything was different, I didn’t know anyone around, and I was far from home. I was in LOVE.

This first encounter of Wanderlust was intoxicating to me. I vividly remember it and I was so grateful to be in that moment experiencing life again in a new way for the first time.

I thought to myself, what if I could do this all of the time, what if I could just travel a lot? It was sometime on that trip that I decided I was going to need to find a line of work that was going to allow me to do this. About a week before the program ended, I told my professors running the program that I wouldn’t be accompanying them back to America. I stayed in Western Europe an additional 4 months, traveling around Spain, Italy and France.

Once I ran out of money, I came home. At that time I was running a Mortgage office which surprisingly was still standing after my almost 5 months of me being gone. It didn’t matter though because I came home in September 2008 just in time to watch the housing market collapse completely. I was screwed. I had done really well for a kid who dropped out of college to get rich but it was all backfiring now and traveling was the last thing on my mind.

After the dust settled, I was about $190,000 in debt and in need of a new career. I had decided to go back to college a year earlier and had about a year and a half left for my undergrad degree so I figured I would spend the next 2 years finishing college and finding a career that would set me up to travel the globe and make money while I was doing so.

The first business that I found that worked really well for me was multi-level marketing. It seemed like a great fit. I was recruited into a company that sold me the dream, saying that if I spent a couple years working hard at building an organization, it would eventually take off and continue to pay me residually. This was PERFECT. I could build the business for a couple years to about $100K per year then disappear to Indonesia

For a first timer in MLM, I did incredibly well, and I build that $100k per year income in a short amount of time but it was short lived. The first company I was with asked me to leave, and the second company I joined eventually went belly up. Also every time I would leave the country on a trip, I found myself on my phone or laptop the whole time putting out fires, and that was just stupid.

When I finally walked away from the industry I decided to put my entrepreneur hat back on. I had raised some money for a tech start-up, and was actively learning how to trade currencies in the FOREX market.

I never lost sight of my desires and dreams of being able to make money from a Laptop. I just needed to be a little more resourceful. I found that as long as I can offer real value to a client, even being a great distance away, that my capability to earn money anywhere in the world would be there.

So over the past 5 years, I have been doing just that. Most of the consulting work that I do is never from an office. I do keep an office at the Currency trading school that I have a long-term contract with, but they have always been cool with me leaving and making my own schedule. Again, I attribute that leniency to the results I am able to deliver. The moral of the story is that there is a million ways to make money and add value to a person, place or business, however you need to be resourceful if you are going to do this from a laptop half a world away.

I have put together my top 5 tips to finding your own way to take your business on the road with you for good. Be sure to look for my next post, “Top 5 Tips to Working remotely.”

 

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