Beginners Guide to A Nomadic Lifestyle
Have you ever considered the opportunity to travel and find work as you go but don’t know whether it can be done? Or maybe you would like to have a business that allows you to do this? I have been doing business this way for almost 10 years and love my lifestyle. This guide will help you consider some of your options.
If you have a trade you may be able to get casual or intern work. You have a great opportunity to travel finding work as you go. You will need some of the tools mentioned in this post but there may be some issues to consider.
a) Extra insurances or licenses may be required as you will be working in different environments. You should always seek professional advice where relevant.
b) The availability of part-time or locum positions in your profession.
c) Some employers may only consider full-time positions or candidates looking at long term positions.
d) Available positions may be in places where the cost of temporary accommodation is high.
e) If you are a couple, only one person may be able to get a position in some locations.
It is not impossible but sometimes may require a little forward planning, some savings, and an industry-specific employment provider. Many people do this to see their country and even visit other countries but it is not residual income and when you stop working your income dries up. However, it is a wonderful travel opportunity if you can make it work.
Do you need a trade?
To be able to build an ongoing income stream that will allow you to travel many people will consider a business the best option. This could be a service business using your skills, or a retail business. This is not advice, this is simply my opinion and you should always seek legal and accounting advice.
Your service could be a trade or a handy-man type skill or maybe even non-technical jobs such as cleaning may suit you.
There are many places where you can retail goods, and this is what I have been doing. You can sell goods at industry specific events as well as general markets. Some of these include jewelry and craft fairs, farmers markets, weekend markets, trash and treasure markets, field days, home shows, 4×4 shows, caravan & camping shows and gift fairs.
What do you need to travel?
A vehicle to get from A to B is best because you have more control. Hitchhiking and public transport have drawbacks and the former can have personal security issues.
Depending on where you wish to travel to and whether you wish to tow some sort of accommodation, you will need to select a vehicle that will do the job. I have met people with all types of vehicles even pushbike riders with a tent.
What about accommodation.
You will need to have shelter of some description. This can vary depending upon your budget and lifestyle expectancy. You could choose to have accommodation that you take with you such as a tent (camping or rooftop), trailer, (with or without bedding), caravan, gooseneck or even a one-piece unit such as a motorhome, bus or truck. Other choices include employer supplied accommodation, motels, hotels, bed & breakfasts, backpacker hostels, house sitting options, and online arrangements such as Airbnb and Couch surfing.
Unless you have some sort of passive income or savings, you will need a means of earning money. You may have some savings to start, but you need to consider your ongoing needs. It is certainly advisable to have a safety net.
Some links on this post and my website may be affiliate links. If you click on a link and make a purchase I may receive a small commission at no extra cost to you. For full disclosure, you can view my Affiliate Disclosure Page.
Travel and a business.
If you are a business, you will need to act like one and have the necessary tax paperwork, licenses and insurance. Again, seek legal and accounting advice. A business allows me tax deductions on business related travel and motor vehicle expenses.
If you choose, as I have done, to supplement your income with, or have a totally online business then you will need a computer, internet connection and be prepared to learn how to create this business. Like any business you need to learn a trade or educate yourself about a niche, or employ someone else to work for you. The latter is extremely hard if you are a mobile business as experienced sales staff are not easy to get. Often, you are the boss and worker.
We need a product for our business.
If you cannot provide a service then you need a product to retail on and offline, or you need to find products to recommend through affiliate marketing. If you are an experienced professional, then you may be able to create products that you can promote. This could be books, online how to courses, or even holding seminars. You are only limited by your niche and imaginations. Many doctors have written books or become celebrities, maybe you could be the next Dr Phil.
You may be able to offer your professional skills to create a service for others. This could be something like hairdressing skills or even online marketing for others.
For those of us who don’t have a profession there may be a hobby that you know a lot about that you can create a website, book or course about. Often, we consider online simply as a means to dabble but if we want to earn a living from it, we need to treat it as a business.
Learn everything and know your product or niche inside out
You will need to spend time learning everything that you can about a product or niche. You need to be able to sell your product or service to others either online or offline. You need to spend time creating or finding products that will work for you.
Invest some money, but not necessarily a lot.
Forget “get rich quick”. You have a better chance of winning the lottery. However, trying to learn everything by surfing the net is time-consuming and often you will also find out very quickly that you have outdated information and need to begin again. Education is very important.
I have an educational program that has taught me so much, even though I have been in business for over 20 years. This is Wealthy Affiliate (link is to my review) which helps me with my online business and marketing presentation and general business ideas that I adapt to my retail business.
Be prepared to promote yourself, brand and business wherever and whenever you can.
When you don’t have a shop front that people can see in person, you will need to let people know who you are and what you are about. And you will need to continue to remind them. You can do this by building a website but also by promoting it through social media, word of mouth and any means possible.
What are the advantages of mobile retail?
a) Some lower operating expenses.
b) Some operating costs may be reduced as you don’t need to pay for items such as rent or electricity.
c) You can travel to events your customers will be likely to attend rather than wait for them to come to you.
d) Customers can see touch and feel products and can purchase immediately or from your website at their convenience. This builds a relationship that online only doesn’t have.
Are there any disadvantages?
a) Some people will expect a shop front even if it is just a warehouse.
b) People will view your product but look for similar products and try to compare prices.
c) As retail slumps and in tough times, people reduce discretionary spending or look for the cheapest offer therefor don’t always impulse buy.
d) If outdoors, you can be affected by the elements. This can affect your ability to display as well as customer attendance to an event.
e) Higher delivery costs. Lower volume than larger stores and inability to get delivery contracts easily can impact your bottom line.
Is it worth the risk?
You will need to consider your options as everyone is different, but I love this lifestyle and am doing all that I can to continue. I hope that you got some ideas from this post on ways that you might be able to travel and earn income.
This lifestyle is great if you are looking to supplement your passive income streams, but if your business is your only income then you need to make enough to cover costs and wages. As a business, many costs may be tax deductible. Check with your accountant, this is not advice.
A business needs time and work to build and grow and you do need to remember this while you are enjoying your travels.
If you have any questions or thoughts, I’d love it if you could drop a comment in the box below and share this post with your friends through the social media buttons on this page.
Are you considering a nomadic lifestyle?