Maneesh Sethi was kind enough to write up a guest post for us on striking off internationally and doing the digital nomad thing.
Here's Maneesh -
Every day, someone says to me: “I wish I could travel like you do.”
And every time I respond: “You can too.”
You see, I’ve been traveling for the last three years as a digital nomad, through Asia, South America, Europe. I move to a new city, learn a new language, and do a cool project. I built an online business that is completely outsourced, so now I can work as many---or as few----hours/week as I want.
So when I tell someone ‘You can too,” I’m always surprised that I rarely hear someone ask me “How?” Instead, I usually hear a ton of excuses, reasons why it would be impossible to travel, impossible to leave their home and work on the road.
The funny thing is, traveling the world costs a hell of a lot less than living in the U.S. An apartment in NYC, for example is at least $1000/mo for a shared room. Here, in Berlin, I’m paying fewer than $250/mo. I used to spend fewer than $350/mo, total including every expense, in India. Where could you do that in the U.S.?
My intuition is that most people in the U.S. have never been exposed to the idea that traveling and working is possible. Outside of the U.S., I almost never see Americans traveling. British, Italians, Swedes, Australians, Israelis, and Germans are everywhere, but it’s rare to see a traveling American. We don’t have the same acceptance of travel in our culture.
So, because of that, I made my goal to build a business that would allow me to travel, to be completely free of location or working hours, and be able to do whatever I wanted to do. The funny thing was, it wasn’t very hard. It’s so much cheaper to live outside the U.S., that I was able to charge less and earn in dollars, like I discuss in How To Quadruple Your Wealth In A Six Hour Plane Flight. I was able to start a business that took a while to grow, and because of my low expenses, nurse it until it was ready to support me full time.
The more I learn about online income, the more potential sources of income I can see. There are really infinite possibilities of products you could create or tactics you can use. It often does take a lot of work to change your lifestyle, to find your dream way of living and make it happen, but I’ve found one mantra motivated me most: “Live life for a while like most people won’t, so that you can have the life that most people can’t."
So now that I’ve built a passive income, and I have a bunch of free time, I’m trying to build the “90 Days Project,” where I try to find a new calling in life, for 90 days at a time. Right now, I’m doing "90 days to being a world famous DJ in Berlin."
Check out my video, which is a finalist on Tim Ferriss’s The 4 Hour Workweek Blog, where I talk about how I built and used my passive income to allow me to found an NGO in India, teach others to break away and travel, and become a DJ in berlin. Please vote for me here.
I agree with his conclusions 100%: My rent is $390 per month for an incredible furnished place in Ulaanbaatar, food is cheap, and the coolest parts of the city are all walking distance. I'm glad Maneesh wrote this up for us, it's something you ought to pay attention to - it really ain't that hard to strike off internationally. Thanks Maneesh.