Fire Your Boss, Sell Your Car, Travel the World
Newsletter subscribers can download this document free. Sign up to my newsletter and get this document by clicking here
http://www.barefootjournal.com/free-guide
(BarefootJournal.com) First 20 Steps to Location Independence
1. YOUR FIRST 20 STEPS
TO LOCATION
INDEPENDENCE
How to live the life of travel
The Barefoot Journal
2. YOU ARE READING THE SLIDESHARE
VERSION OF THIS PDF.
MY NEWSLETTER SUBSCRIBERS CAN
DOWNLOAD THE PDF FREE
www.barefootjournal.com
/free-guide
3. A MESSAGE FROM GRAHAM BROWN, THE BAREFOOT
JOURNAL
Several years ago, we sold everything and traveled the world.
Japan, Hawaii, Fiji, New Zealand, Europe... I forget all the places
now. If you want to follow that journey you can check the latest
updates on my blog www.BarefootJournal.com
But we did it. We're doing it. And we haven't looked back since.
A lot of people ask me how to do it. They think I must have won the
lottery or something. That's not true. You just need a good set up to
earn money and run a business while traveling. That's what I call
Location Independence.
Location Independence isn't a destination. It's a journey to begin
often way before you actually buy your plane ticket and leave. That's
why I wanted to write this short guide to get you thinking about
Location Independence. This guide won't give you all the answers, it
will give you the questions you need to be asking.
It's a start. As the old Chinese saying goes, “a journey of a thousand
miles begins with a single step.” Picking up this book was the first
step. I hope reading it can take you a few more steps down the road.
4. AFTER YOU READ THIS SHORT GUIDE
If you like what you read then please pick up a copy of my full
Guide to Location Independence which will help you structure the
journey you start today.
Come back to this link later.
For now, let's begin...
5. STEP 1: DECIDE
Of all the steps to the ultimate goal of Location Independence, the
first one is the most important.
Once you take the first step, you have started the journey.
It may be months or even years before you finally travel the world
on your own terms, but the first step is where it all started.
The word to “decide” comes from the Latin “decire” meaning
literally to “cut off”. To decide means to make a break with the past,
to welcome change.
6. Decide to fire your boss, sell your car and travel the world.
The fruits of your decision may take a long time but every day after
that decision you are moving forward. Every day, you get closer.
Small steps taken every day can yield large results in the long term.
But first you must decide. You must commit to the process.
If you cannot get past this first step, you are not ready.
Read on, find out why you should do it but don’t start making plans,
researching information or worrying about information until you
first decide that you are going to make it happen.
Decide.
Actions Points:
* Write it down. Commit to a goal or a vision on paper.
* Keep it safe somewhere. You'll refer back to it later during this
journey.
7. STEP 2: START WITH A GOAL
The first step to Location Independence was to decide.
Today, we’re going to decide on some concrete goals.
I’m a great believer in goals.
Before we traveled the world, the idea was a goal.
I once had the goal to write the book “Fire Your Boss, Sell Your
Car, Travel the World”. I set that goal 2-3 years before I actually
8. realized the goal. Goals take time.
Much of what you achieve in your life was first a thought some time
ago. The stronger our thoughts, the more likely these goals become
reality. But you have to first start with that thought.
Starting with a goal means writing it down. Commit your goal to
paper somewhere. Once you get it out of your head, the goal begins.
Write down your travel goal on paper and start giving it some detail.
Don’t just “travel the world”, say where you want to go.
“I want to travel Europe for 12 months starting in Paris and then
working may way round the Mediterranean through Milan, Rome,
Croatia, Istanbul, Bucharest etc”
or...
“I want to quit my job by next year and have $5k in the bank so I can
buy my plane ticket and start my adventure in India”
Detail creates commitment. The more vague the goal, the more your
brain can wriggle out of that commitment. If you just “travel the
world”, “someday”, it’s always a possibility it may happen in the
future. But if it’s next year, your brain has to get to work. And, when
you set your brain a task, it starts thinking about how to complete
that task in the background.
You might not be thinking actively about your goal on a daily basis
9. but your subconscious mind is. It’s taking you there slowly, steering
your activity and thoughts but it needs a goal to start with.
Action Points:
* Make your goals visual. I find that pictures are good starting points
for goals. The subconscious mind responds well to imagery.
* Save pictures from the internet of your future travels to your
desktop wallpaper, phone lock screen and pin them to the wall.
Collect a scrap book. Stick them on your fridge.
* Keep reminding yourself. Daily life easily gets in the way.
10. STEP 3: DECIDE WHAT TRAVEL LIFESTYLE YOU WANT
Now that you've decided to go and set some realistic goals, let's
think about what type of travel lifestyle suits you.
There are many ways to travel long term:
* You could sell everything and travel the world… forever.
* You could travel for a couple of years, come back and pick up
where you left.
* You could leave your contract job for 6 months a year and enjoy
long term travel.
11. Location Independence isn't traveling 50 countries in 50 weeks, it's
about having options.
You may decide to stay right where you are. But that's your choice.
Personally, I prefer to take my time. I prefer to live in a country
rather than get to know the airport and hotel. I prefer to stay a while
- months, even years before moving on. There are no medals for
finishing first. This isn't a race.
Decide which is the best option for you. Perhaps, even, you would
like to try them all. Start small with the 6 month vacation and take it
from them.
My point is that it’s important to know what you’re working
towards. You need to get focused on what financial setup, what
employment or what logistical implications you need to deal with
based on your travel goals. Simply saying “I’m going to travel” is
not enough. Combined with your travel goals, be specific about
what you want to achieve.
12. STEP 4: ASK WHAT’S STOPPING YOU?
You made the commitment to go.
You designed a travel goal.
You decided on the type of travel lifestyle you wanted.
So what’s stopping you?
What comes next is a test of your ability to step outside your comfort
zone.
13. Firing your boss, selling your car, traveling the world - that’s
relatively easy.
The answer to doing this isn’t finding out what to do - you have
most of the skills and answers on board. What you need is to
discover what’s stopping you.
* Perhaps you are worried about what others will think.
* Perhaps you are scared of leaving your comfort zone.
* Perhaps you are afraid you might fail.
And so on…
Here's a few tips to help you avoid being consumed by the what ifs
and potential hazards:
* If the people around you aren't fans are your plans, keep quiet
about them. Save your energy for those who count, those who will
energize you in the process
* You could get sick, you could lose your money, you could lose
your partner. Sure, all these things could happen. They could happen
if you stayed at home too, so what difference is being at home or out
there going to make?
* There are a million things you can change, you can't control about
travel. Don't focus on these things. Instead, ask what can I do now?
You might not be able to find accommodation until you get there.
But what can you do now? You can save enough money to pay for 1
month's rent. You might not be able to secure your business visa.
But what can you do now? You can start building your online
14. platform to increase your passive income
Dealing with these fears is the biggest task you face in travel.
Action Points:
* Write your major barriers down. For me, my major barriers were
my son’s education and not being able to run the business while
abroad. The more I was able to define these fears the more I could
deal with them until they didn’t stop me anymore. I found answers. I
found resolutions. 90% of the power of fear is that it goes
unrecognized; fear operates at the level of the subconscious. Once
you write it down and get it out into the open, it doesn’t look so
scarey after all. sYou have taken the first step to addressing the very
things that hold you back.
15. STEP 5: CREATE A BACKUP PLAN B
What if it doesn’t work out?
What if you don’t like it there?
Rather than let the failure of Plan A scupper your dreams of
Location Independence, create a backup.
You don’t want to be forced to make a decision to move somewhere
else purely because you didn’t like your first choice.
Create a Plan B before you go.
16. Select 2 other countries or cities you may decided to go to if your
travel plan A doesn’t work out. At least with Plan B in mind you are
not reacting.
Without a Plan B you can become desperate, clutch at straws and
take anything that comes your way.
Bad idea.
Often it’s a knee-jerk reaction more than anything and you can end
up making a bad decision if you are not prepared. You can end up
bouncing between one bad decision and another.
Action Points:
* Do your backup research now. Use my guide to Location
Independence to find good places to live that suit your budget and
lifestyle. Find another good place to live. If Plan A doesn’t work out,
then it’s not such a bad thing. Plan B is attractive too.
17. STEP 6: START PLANNING WHERE TO GO
I suggest having a basic outline itinerary is both better than knowing
nothing at all and planning everything down to what you’re going to
have for lunch on Monday.
A sample itinerary could be:
* New Zealand 3 months
* Fiji 2 weeks
* Hawaii 1 week
* California 3 months
(That was just the start of our itinerary)
18. You might not need to plan any further. Just a basic outline at this
stage to help you focus.
Now you're Location Independent, where can you go?
Choosing where to go will be based on personal preference. You
should also be aware that there is plenty of data out there now which
can help you inform your choices. These are the following factors
that will shape the planning process:
* Weather
* Lifestyle
* Cost of living
* Infrastructure
* Access
* Visas
* Safety
One thing I learned was there is no Utopia.
You won’t find a perfect place to live.
Everything will have a downside. The key is deciding which factors
you are comfortable compromising on.
While we tend to focus our search on the nice things like weather,
food and so on, you should realize that it all comes down to money.
If you can’t afford to live in your destination, particularly if it’s more
19. expensive than what you’re used to, you won’t enjoy the experience
as much as you expect. It may sound contrary to a lot of the advice
offered in my writing but money is the be all and end all of your
travel experience.
No fun being broke in paradise.
Action Points:
* I recommend my Location Independent Guide for this task. You
can do it yourself. But, why bother? I spend 1oos, maybe 1000s of
hours collecting this data and living it as well. Save yourself the time
and effort (and learn from my mistakes).
20. STEP 7: FIND OUT WHAT THE WEATHER WILL BE LIKE
Now you're becoming Location Independent you can choose where
to go on positive factors like the weather rather than access to
employment.
In the last step, we looked at the key factors that determine location
choice in long term travel.
I provide a complete breakdown of weather information in my Guide
to Location Independence detailing how to read climate information
and what it means to you to actually live there.
21. For now, let's look at what the options are.
What do you prefer? Cold and sunny or warm and wet? A sunny
windy day can feel colder than a cloudy still one. A day in the sun
with no wind but low official “highs” can be a lot warmer and
comfortable that a windy day with high official “highs”. Sounds
strange, but the point is that simply reading the temperature won’t
give you much of an indication what life is really like there.
Don’t leave it to chance. Do your research.
Weather is more than just the daily temperature highs and lows.
Here are the key factors that impact quality of life:
* Sunshine hours. This is one of the most important weather factors
and often has little correlation to overall temperature.
* Humidity. Humid locations may feel uncomfortable. Houses get
moldy. You will feel the cold more in winter and heat more in
summer.
* Variation in weather (within a day, between days, between
seasons)
* Rainy days (this is more indicative of washouts than amount of
rainfall)
* Wind. Wind is such an important factor but rarely features in
weather readings. Windy locations are almost always uncomfortable,
especially if they are cold. Wind makes everything colder and living
harder. Locations without wind are more relaxed. With a still day in
winter and snow on the ground it can actually feel warm in the sun.
* Water temperatures. Some locations are hot and sunny but have
22. cold water. No good swimming in there without a wetsuit.
Action Points:
* Start your weather research here: www.worldclimateguide.co.uk
* You can corroborate your data with historical figures esp for wind
here www.wunderground.com
23. STEP 8: RESEARCH YOUR ARBITRAGE OPPORTUNITIES
It’s all very well choosing a place with nice weather but will your
money last?
I mentioned earlier it’s no fun being broke in paradise.
But paradise doesn’t always have to be expensive.
If you choose carefully, it can be cheaper than what you’re used to.
Most people don’t know or benefit from arbitrage because it’s not
24. available to them in their daily lives.
Most people live and work in the same place. The commute between
countries, or even cities, is just too expensive and energy-draining.
But what if you could live and work in different places without the
commute?
If you had a Location Independent Business, you could live in a
cheap country and work in an expensive one.
When I mean “work in” I mean run your business in that country.
Your business doesn’t even need to be in that country, you could
simply sell to that market.
Imagine you have an online store selling jeans to customers in
Europe and North America. Your jeans supplier and drop-shipping
operation is in southern China. You are based in the beautiful
tropical island of Mauritius.
In my Guide to Location Independence I detail a number of arbitrage
case studies of people making it work.
In one example, a couple moved from Hong Kong to Mauritius.
They reduced their cost of living, traded an high rise apartment for a
luxury seafront villa with maid and chef thrown in to boot. The best
thing was they were able to continue work right where they left off.
It’s possible.
25. As Tim Ferris puts it:
Live on pesos, charge in dollars, outsource in rupees.
Action Points:
* For a very basic overview of cost of living use sites like Numbeo
and Expatistan. These are rudimentary but give you a basic feel for
comparative daily items. If you need more granular detail, get my
book
* Use Airbnb to compare like-for-like rental costs
26. STEP 9: RESEARCH EASE OF ACCESS TO YOUR
DESTINATION
How easy is it to get to your destination country?
Often it’s not a case of distance. Brazil may be only 2 hours by plane
away but, like South Africa, it’s one of the most expensive and
restricted in terms of airline routes.
Ease of access has more to do with competition than sheer distance.
Kuala Lumpur in Malaysia, Singapore, Hong Kong, Oslo in Norway,
Stockholm in Sweden, Berlin in Germany, Bucharest in Romania,
London, Istanbul, Shanghai, Manila in the Philippines, Atlanta, LAX
27. and New York are all examples of well served airports that have a
lot of competitive flights serving them. By comparison, airports such
as Rio de Janeiro, Johannesburg, Christchurch in New Zealand
aren’t as well served.
Not only are prices in these more competitive airports much cheaper,
there is far more availability. This is particularly relevant when it
comes to buying flights nearer the time. Uncompetitive markets
ramp up the premiums near the departure date and aren’t afraid to
gouge customers with excessive prices.
Action Points:
* The best site to work out how to get from A to B is Rome2Rio
Kayak is a good site to search for flight availability for your route.
Beyond flight comparisons, use their Explore feature which will give
you an idea how far you can get for how much from most airports
* The Barefoot Journal Guide to Air Travel is a good place to start
not just for finding out flight possibilities but also how to hack the
system to get the cheapest flights.
28. STEP 10: RESEARCH YOUR VISA OPTIONS
Visas are the least glamorous but most important part of any location
independent traveler’s plans.
Before we start let me explain 3 concepts:
* Visas
* Residence
* Citizenship
Visas: a stamp that lets you stay in the country under certain
conditions for a limited period. It may be renewed if conditions are
met. Tourist visas often can’t be renewed and don’t allow you to
29. work. Work visas will carry conditions of the type of work you are
allowed to perform.
Residence: after a certain period of fulfilling visa obligations you
may be granted residence. Permanent residence means you can live
in the country as long as you wish providing certain obligations are
met.
Citizenship: if you really want to own a passport from that country,
you can consider naturalization. It’s unnecessary unless you are
thinking of your children’s adult future in the country. Some people
get confused and think you need to be a citizen to live in a country
permanently, that's not the case and often the last thing you want to
do (unless the above reason re children).
The following visas will be relevant to you:
* Tourist visa
* Work permit
* Long term business / entrepreneur visa
* Investor visa
* Working holiday visa
Needless to say, visas are specific to both the country you’re visiting
and the country you are a passport holder of. On that basis, it’s
difficult to any specific advice. So, avoiding specifics, I’ll be very
general here.
In most countries you can stay 30 days without a visa, as a tourist. In
some countries, this is called a tourist visa. The difference is whether
30. you need a stamp or not. You may be able to extend your visa with a
valid reason but you will have to do this before it expires. Never
overstay a visa.
If you plan to secure employment in the country you will need a
work permit. Permits are often tied to a particular employer although
you can get one as a speculative entrant (meaning you are
independent) if you have a good skillset (e.g. qualified medical
professional etc).
For those without skills on the skills shortage list you will probably
need to go in as self-employed or a business owner. Conditions vary
a lot by country. Some countries allow self-employed professionals
with little experience. Others require history, upfront investment and
for you to employ locals.
Investor visas are for those with a lot of money to sink into a local
business.
By far and away the best option is the working holiday visa. If you
are under 30 (or 35 in some countries) and from a qualifying country
(great if you are from New Zealand and Canada) take this visa
options as default.
Note: none of these visas offer residence. They offer temporary
residence for the length of your visa. Your visa may not be renewed.
Residence is usually a secondary stage requiring further pre-qualification.
If you plan to stay long term don’t just research visa
options, research what the residency requirements are too.
31. Action Points:
* The best starting point to researching your visa requirements is to
look at the ProjectVisa website which has an excellent country-by-country
breakdown based on your own passport.
* If your visa situation is not straightforward, I recommend talking
to a visa consultant (or final option being a visa lawyer).
* My book details visa options and how to work with both visa
consultants and visa lawyers. I have had a lot of personal experience
in this area, both successes and failures. Failures can be very
expensive, so please learn from mine.
32. STEP 11: RESEARCH INFRASTRUCTURE
Infrastructure is the stuff you don’t see in the travel brochures, often
the factors that don’t effect tourists but are vital to the longer term
traveler.
Roads, education, medicine, internet are to name but a few factors
that will shape your location independent experience.
You can start by researching internet speeds at your destination.
The countries with the fastest speeds aren’t necessarily the ones
you’d associate with the internet.
33. By comparison to many in North Asia, the internet speed in US lags.
It’s a little known secret that countries like Romania, Estonia and
Lithuania have superfast internet speeds, while popular destinations
like Australia and New Zealand are relatively slow. Countries
popular with backpackers - Philippines, Thailand and Indonesia can
also have painfully slow internet. So, be warned.
Action Points:
* Find your country on this list by Ookla. It’s a good starting point to see
if you’re in the danger zone for internet speed. These speeds will
also give you ideas about places you may not have considered before
but ones that may offer a positive internet experience to help you
build that Location Independent Business.
34. STEP 12: START SAVING $50 A MONTH NOW
As with any major change in life, you’re going to need some backup
funds.
Let’s start small.
Everyone can afford $50 a month.
If you can afford more, your saving goal should be 10% of your
income a month.
35. For now, let’s talk about $50.
$50 a month won’t fund your travels but will establish good
financial discipline that will eventually revolutionize how you think
about money.
Once you save $50 a month, you will find it easier to save $100 a
month and so on. You will wonder why you made such a fuss about
saving $50 a month when you are able to save $250 a month, every
month. You will start questioning the validity of every purchase and
subscription. Do you really need to spend $30 a month on cable TV?
Action Points:
* Set up a direct debt or standing order from the bank account you
receive your income in to a new savings bank account. Take the
money out automatically every month. If you need to do it manually
you’ll find ways to stall or forget. If you don’t have a savings
account, open one. You don’t need a high interest account or
anything like that, just a place to store your money.
36. STEP 13: SET A MONETARY SAVING GOAL FOR TRAVEL
How much money do you need before you are ready to go?
I don’t advise going with no money at all and relying on your
income.
You don’t know what’s going to happen in the near future so it’s
always good to have a safety net.
Find out how much it will cost to live in the destination country
(countries) using my cheat sheets in the guide. This data will tell you
how long $1,000 will last in any given city. I suggest a month’s
37. money as an absolute minimum - so that may be up to $8,000 in a
city like Oslo but as little as $1,000 in South India.
The data I provide in the guide is perhaps more than what most
backpackers would spend. I factored in the cost of living for
someone who doesn’t stay in hostels and eat cup noodles. While that
method of travel is very cheap, it can also be tough. Why suffer if
you can afford it?
As an example:
* You will last only 3-4 days in Oslo, London and Zurich with
$1,000.
* You could last a week in cities like Tokyo, LA and Hong Kong
with $1,000.
* You could last 2 weeks in Auckland, Barcelona and Toronto.
* You could last 3 weeks in Beijing, Cape Town and Phuket.
* You could last a month in Goa, Kuala Lumpur and Yangon.
* If you really want to stretch it, you can last 6-8 weeks in
Yogyakarta, Kathmandu and Thiruvananthapuram.
So, your emergency fund could be anywhere between $500 and
$8,000 depending on where you go.
On top of this you will need your flight ticket home if you don’t
have it, so that’s another $1,000 right there.
In summary, you’ll need a minimum of $1,500 to $9,000 backup
fund for traveling long term. Set your monetary goal accordingly.
38. Action Points:
* Download my Travel Cheat Sheets which cover basic costs of
living and accommodation by city.
* Find out how much money you will need to survive a month in
your target destination. Add $1,000 on top of that. That’s your
minimum travel backup. Of course, you’ll be earning money as you
travel but this money is your emergency fund. This is now your
monetary goal.
* How long will it take you to reach your monetary goal saving the
$50 (or more) a month you are currently saving? If it’s going to take
too long, how can you increase your monthly savings to meet the
target in time?
39. STEP 14: CREATE A BUY LIST
The key to reaching your monetary goal earlier is spending less.
I’m not talking about living the life of an ascetic monk. You don’t
need to do that. You can live happily and well without compromise.
Instead, focus on reducing unnecessary spending.
Create a barrier between and your impulse purchases.
Create a document, either online or a notepad, to store ideas about
things you want to buy. Rather than buy those things, write them
down. Review your document regularly and strike off the things you
no longer need.
40. The longer you hold out, the better your decisions will be, the less
money you will waste.
Action Points:
* Create a blank document in Drive.Google.com and bookmark it in your
toolbar. Install Drive on your phone and access the document there
too. Whenever you have an idea or inspiration to buy something
(usually when you are out shopping), instead of buying that item
right there, write it down. When you remember things you need to
buy, write them in the list. By making the list your default starting
point for shopping needs you’ll keep reminding yourself that if it’s
not on the list, don’t buy it.
41. STEP 15: SET UP MULTIPLE BANK ACCOUNTS
The key to saving money for travel is to be in control of your money.
The difference between those with a lot of money in their bank and
those in heavy debt isn’t their salary but their financial discipline.
I used to be a financial advisor in my previous life. I sat across the
table from medical doctors earning $200k+ a year but with credit
card debts and unsecured loans of $50k+. It wasn’t uncommon. I
also had clients who earned very little but were diligent and
disciplined with their money. They saved little and often.
42. The key to their success was being able to control their finances. Set
up a bank account for your daily expenses, one for your savings, one
for your investment income, one for your rainy day fund and so on.
The more the better, ideally with the same bank.
You can reach your monetary goal with good discipline.
I already talked about creating a Buy List. It’s not the answer to all
your financial goals, it’s just one step in the right direction. The
same is true of multiple bank accounts.
Action Points
* Contact your bank and tell them you want to set up another
account. They may ask you why. If that’s the case, tell them it’s to
“manage your money”, that should suffice. Try to avoid all the
products they throw at you like “money manager accounts” and
“high interest savings accounts” etc. A standard account will work
just fine. Make sure it’s connected to your original account and you
can manage it online.
* Now you have your account, start managing your money. Set up
inter account debits so you can take your travel money out on a
monthly basis automatically. If you have multiple accounts, focus
each account on a specific goal e.g. Main account is for daily
cashing and banking. Second account is saving. Third account is for
paying rent etc.
43. STEP 16: TURN OFF THE TV
Start by turning off the TV.
You will see less advertising.
Your life will become less concerned with those of celebrities.
You will consume less.
You will have more time to do what counts.
44. You will wonder what the fuss was all about in the first place.
I have watched only a couple hours of TV in the last year of travel. I
don’t miss it. I don’t care about the Game of Thrones or Kim
Kardashian and I think life is a lot lighter that way. I’m not weighed
down by advertising expectations or the dramas of other people’s
lives.
We spend a lot of time as a culture fussing about the junk we put in
our stomachs but so little about the junk we put in our heads.
Try a media diet.
I found that some things I just had to watch TV for. The soccer
World Cup, the Olympics and the Tour De France, for example.
Somehow, watching recordings just weren’t as fun as the live
experience. But you don’t need a TV subscription package to watch
these events anymore. While many countries block these events due
to ridiculous territorial licensing arrangements there are numerous
opportunities to watch them online for free. Currently, some experts
recommend me to use http://www.vipleague.se which (they say) can get you
access to almost any sports event around the world. I wouldn’t
recommend that site for obvious reasons, I’m only telling you what
others tell me :)
But apart from these diversions, you can live without TV.
45. Action Points:
* Start with a week without TV. See how much more time you have
to go to work on your Location Independent Business ideas and your
travel plans. See how TV makes very little difference in the content
of our daily life. Read more. Play more. See how life changes for
you.
46. STEP 17: CANCEL YOUR SUBSCRIPTIONS
Do you really need all that stuff?
Only keep the subscriptions that are important to your daily life -
like internet for example. Everything else can go.
Canceling a TV cable or a magazine subscription will save you a lot
of money. It will also free up your mind to start thinking about your
goal of long term travel.
You can save $100s a month just by conducting an audit of your
regular payments.
47. You may be surprised, shocked even.
By reducing the noise, we can focus on what's important.
Action Points:
* Conduct a debit audit. Get your last 3 months bank accounts and
highlight all your current automated payments. Find out how much
you are spending a year on these services. Now look at how much of
that money you can convert to travel savings by getting on the phone
and canceling.
* If you do have to setup or keep a subscription, try to avoid using
your credit card. Once they have the long number it can be
impossible to cancel if the merchant/supplier refuses. Your bank
may have to issue a new card and that’s a real pain. Instead, set up a
continuous payment with your bank numbers only, meaning you
should have some protection against misuse.
* Be firm. When you try to cancel a subscription you may be
referred to a special department whose job is to keep you on board.
Just keep saying “no” until you get to the point which they cancel
your subscription. Remember, you’ve never spoken to this guy
before, so why is he suddenly interested in you?
48. STEP 18: FIND OUT WHAT YOU’RE PASSIONATE ABOUT
Chances are you are passionate about something.
There is something you do that keeps you up all night or busy all
weekend.
There is something that you dream about while at work.
Chances are you’re not getting paid for it. That’s because you
haven’t worked out how, yet.
49. But what if you could get paid for yoga, jewelry, coaching or
playing Minecraft?
Today there are multiple options for enthusiasts that simply didn’t
exist 10, let alone 5, years ago. You can make money out of your
passions today by turning those passions into a business.
The reason you need to find out what you’re passionate about is that
is a gold mine for building a location independent income or
business.
If you love teaching English, you could get paid to teach online
using a site like iTalki.com. You could also set up an online course
using Udemy.com where you can get paid for subscribers rather than the
hours you put in.
If you love making things, why not sell them on Etsy or Ebay?
These platforms do the heavy lifting for you. If things go well and
you want to keep the business going while you travel, look into drop
shipping. Drop shippers will take over the order fulfillment and
shipping side of your business.
There are always possibilities.
It’s hard work and it takes time, that’s why it’s important to build an
income or business around what gets you out of bed in the morning.
If you have a full time job, you don’t want to be coming home in the
evening loathing the thought of spending 2 hours marking exam
papers to save income for travels. How would you feel differently if
you were coming home to do something you were motivated about -
50. like making jewelry, teaching yoga online or consulting to startup
businesses?
Action Points:
* Write down the skill that people know you for. You may be the
guy that fixes bikes, the one who knows about travel in Africa or the
guy who can sell. What people know you for is what you have
already established as a personal brand. Perhaps it’s unwittingly.
Perhaps it’s for skills that take place outside the work environment
(most likely). Whatever it is, identify it and build on it.
51. STEP 19: START A LOCATION INDEPENDENT BUSINESS
A Location Independent Business is a business you can take
anywhere in the world.
A LIB is a business you can run from a beach bungalow in Phuket or
an apartment in downtown San Francisco.
The key to location independence is a business that can make money
while you sleep.
Start your LIB before you travel.
52. If you’re employed, even better. Use the security of your stable
income to bankroll your business.
If you’re a business owner. Start another business - a location
independent one that doesn’t rely on you being somewhere at a
certain time for the business to work.
You don’t need to incorporate or formally register business until
things get going.
Take advantage of online opportunities. There are far too many to go
into detail in this document. If you are interested in exploring online
opportunities refer to my Location Independent Guide.
Action Points:
* In the last step you wrote down that skill people recognize you for.
Now think about how you can charge for that. If friends are often
asking you for your opinion on a business idea, perhaps you could
charge for that. You won’t charge your friends but you can charge
strangers. If friends come to you when they want weddings planned,
perhaps you could write an Ebook about that, or train wedding
planners online.
* Start your LIB today. You don't need to incorporate. You can start
a business with just $10. Buy a domain name for $5. Commission a
logo for $5 from www.Fiverr.com Write your business plan on one
sheet of paper. You are ready. No longer are you thinking about
starting a business. You are a business owner.
53. STEP 20: CREATE A LOCATION INDEPENDENT INCOME
Location Independent Businesses take time.
It may be months or years before you break even.
Set up a Location Independent Income stream in the meantime.
People often call this freelancing.
There are numerous platforms set up for freelancers these days
geared towards Location Independent workers. You can be
54. translating, writing or doing voiceover work. Make sure the work is
location independent. Once you are tied to a particular place or
employer, your travel will suffer.
Action Points:
* Check out Odesk.com and Elance.com. Type in your current skillsets into
the search bar under jobs (clients). See what kind of jobs people are
advertising for. The pay may be different to what you’re used to.
The key is to build up your profile and reputation so you can charge
more. Now type the same skills into the search under providers
(people). You can now see what people are charging for their
services.
* If you teach languages check out www.iTalki.com
* Set up your profile on spec. Filling out your profile will force you
to think about what sale-able skills you possess. If you’re a medical
technician you have expertise. If you’re a teacher, you can teach
others online. If you love designing, you can sell your skills here too.
If you have no skills, remember you speak a language and have a
pair of hands. That’s useful to someone somewhere. Anything is
possible.
* Focus on project work. Rather than getting paid by the hour, get
paid by delivery. This way you can work around your existing hours.
It also means you can provide more meaningful work. Hourly work
tends to be less rewarding.
55. FIRE YOUR BOSS, SELL YOUR CAR, TRAVEL THE WORLD:
HOW TO LIVE THE LOCATION INDEPENDENT LIFESTYLE
This document is only 50 pages. If you are serious about long term
travel then I recommend my guide:
“Fire Your Boss, Sell Your Car, Travel the World”
You can get the guide from Amazon here:
http://www.amazon.com/dp/B00N0B4WSW
http://www.amazon.co.uk/dp/B00N0B4WSW
http://www.amazon.de/dp/B00N0B4WSW
http://www.amazon.it/dp/B00N0B4WSW
http://www.amazon.ca/dp/B00N0B4WSW
http://www.amazon.com.au/dp/B00N0B4WSW
56. SHARE THIS DOCUMENT
If you know someone who you want to come with you on your
travels share this document with them. Maybe they need a little
push. Maybe a pull. Maybe some convincing. It's important you both
buy into the dream. It can be done. This document is proof.
ABOUT THE PHOTOS
All the photos are from the last few years of my travels and from my
Instagram feed. If you're on Instagram, connect with me here:
www.Instagram.com/BarefootJournal
YOU CAN ALSO CONNECT HERE
www.Facebook.com/TheBarefootJournal
www.BarefootJournal.com