A “digital nomad” is one of those phrases people feel they should know but are sometimes hesitant to ask about. Digital nomads work remotely while traveling across various cities, states, and even countries! For many, this could be viewed as the ultimate lifestyle. You are not chained to an office, not forced to work a 9 to 5 existence, and have the opportunity to travel anywhere you want in order to experience different cultures and enjoy life.
Many believe that the digital nomad lifestyle is impossible or idealistic, but innovations in technology (high-speed internet and portable devices) and changes in culture (the shift toward coworking and the gig economy) have made it easier than ever before. You just need to do a little preparation and research to get started. While there are many considerations in starting your digital nomad lifestyle, we’ll cover a few of the most important ones in this post.
Perhaps the ultimate challenge on the path to a digital nomadic lifestyle is to create a passive income stream. Passive income is a way to get repeatedly paid for completing work once or setting up an automated process. The beauty of passive income is that there is no limit to how much you can earn, and you will also have minimal restrictions on your time, which in turn means that you are free to develop and create further streams of income… or experiences! Managing a successful blog with banner and video ads can earn you passive income, for example.
Owning or renting office space on a permanent basis ties you to one location, and can be very expensive. By taking advantage of a flex workspace network, you’ll have the freedom to travel around the world, have access to modern state-of-the-art office spaces in various locations, yet only pay when you need the space. Wherever you decide to travel within the United States, Expansive has the facilities and expertise to ensure your business thrives.
There are so many advantages to living as a digital nomad, it is almost impossible to identify them all. Imagine how amazing it would be if you could work wherever you wanted, with no ties or restrictions. Unlike the illusion of freedom that many 9 to 5 workers have, the digital nomad lifestyle truly offers that opportunity of working from any location, any hour of the day. As a digital nomad, you can visit virtually anywhere in the world and work from there, for as long as you want. These days the only true requirement is viable internet access.
How many of the different cultures, locations, and countries does the average person get to experience in their lifetime? Even if they were to visit a different part of the US on every vacation, there would still be hundreds of different countries they never got to experience. A digital nomad lifestyle eliminates all of these issues overnight, and for people with young children, this lifestyle can offer a truly unique childhood.
The digital nomad lifestyle doesn’t have to be a dream; it is entirely possible to make it a reality with a little planning and the right willpower. With coworking offices scattered all around the world, the barriers to entry are becoming smaller on a daily basis. Take advantage of the ability to roam from location to location, start making plans for the life you always dreamed about.
At Expansive, we focus our efforts on creating workspaces where people and teams thrive. The path to success can be long and challenging, but the journey to it should also be rewarding and enjoyable.