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Travel and Business: 6 Great Tips to Succeed as a Travelling Entrepreneur

Succeed as a Travelling Entrepreneur

Many people dream of being able to travel and work, building up a successful entrepreneurial career. However, this type of lifestyle is often overly-romanticized, similar to how people used to think working from home is the dream. That being said, being able to work and travel truly is an amazing opportunity anyone who has the opportunity to try it – should. But you need to understand that it’s just not as easy as some would have you believe.

Instead, being able to do it right and success will require preparation, planning and discipline, among other things. So, with that in mind, here are 6 great tips for anyone looking to succeed as a travelling entrepreneur.

Prepare a budget

Even though you may be thinking that starting a career as a travelling entrepreneur doesn’t require much planning, the reality of things is a bit different. Before you quit your day job, choose a country and hop on a plane, you first need to make sure you’ll have enough money to be able to do so. That’s why it’s always wise to start saving up in advance. 

Here, you’ll need to account for the overall cost of living, any travelling expenses (especially those regarding renewing your visa) as well as the accommodation costs. Ideally, you want to make sure you have enough money saved up so that you can comfortably power through until your next payday. 

Determine your starting point

The next thing you need to think about is your starting point. No matter if you’re simply looking to move to a different country and start building your career there, or you’re interested in visiting as many places as you manage, you need to know where you’ll be starting from. 

Succeed as a Travelling Entrepreneur

If your goal is to travel around the world and visit various places, you first need to make sure you start somewhere. Find a location that will offer good living conditions and plenty of opportunities to grow your career, so that you can ensure you’ll be able to earn enough to sustain your future travels. Browse the internet and research what are some of the best countries for traveling entrepreneurs. By deciding on this ahead of time, you’ll significantly lower any stress that’s sure to come along with such a big decision. 

Secure a job ahead of time

Moreover, the last thing you want is to make your trip and only then start looking for job opportunities. Since you can’t guarantee you’ll be able to find work instantaneously, you’ll need to start looking for it ahead of time. Depending on the type of work you manage to find, you may even expect to get some additional benefits. 

For instance, there are companies that offer to cover travel costs and even those that are offering cheaper accommodation options for their employees, so make sure you look into that as well. By securing a job ahead of time, you’ll ensure that you hit the ground running once you reach your destination.  

Know where you will be staying

Another extremely important aspect of planning to live as a travelling entrepreneur is finding a place to stay. No matter which country – or continent – you decide to visit, you’ll be able to find great accommodation options. Ideally, you should look for serviced studios for rent in favorable locations that will offer all the necessary commodities. This way, you can potentially save money on accommodation and decide later on whether you’ll be staying there longer than you might have initially planned. 

Succeed as a Travelling Entrepreneur

By securing a place to stay in advance you’ll also lower stress related to finding accommodation on the spot. Moreover, by researching your options, you’ll get the opportunity to choose between different price points, which will only positively affect your budget in the long run. 

Make sure you have all the essentials

This one may sound a bit too obvious, but you also need to make sure that you have all the essentials that will make doing your job possible. So, a laptop, some type of additional storage options – such as a USB drive, external SSD or anything similar, theft protection software and all other necessary pieces of equipment should find their place on the packing list. Of course, depending on the type of work you do, this list can – and should – include all the other things that will make doing your job not only possible but easier as well. 

Have a reliable location-independent source of income

In the end, every travelling entrepreneur should secure some type of reliable location-independent source of income. This way you can rest assured knowing that you will have a secure line income even if you don’t manage to find a job straight away or if you happen to abandon the one you did for whatever reason.

In conclusion

Working as a travelling entrepreneur can be super fun and fulfilling. It’s an amazing opportunity to travel the world and visit all the places you’ve always wanted to see. However, it does require meticulous planning and preparation in advance, if you want to ensure that you do it right.

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