The $100 MBA Show
MBA646 Guest Teacher: Travis Sherry – Build a Business While Travelling the World.
Jun 6, 2016
Travis Sherry, an experienced traveler and entrepreneur, shares his remarkable insights on building a business while exploring the globe. He reveals practical strategies to manage work commitments and travel costs sustainably. Learn how residing in low-cost countries can enhance financial freedom and foster creativity. Travis also emphasizes the importance of planning and spontaneity in a nomadic lifestyle, providing essential tactics for balancing work and adventure. Dive into navigating entrepreneurship with effective payment solutions!
16:48
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Quick takeaways
- To build a business while traveling, significantly reducing costs through budget accommodations and strategic travel planning is essential.
- Embracing flexibility in work schedules allows for spontaneous adventures, enhancing personal growth and enriching the overall travel experience.
Deep dives
Reducing Financial Strain While Traveling
To minimize financial stress while building a business abroad, individuals should focus on significantly reducing travel costs. Utilizing strategies such as frequent flyer miles can help secure inexpensive flights, while opting for budget airlines and local accommodations instead of luxury hotels can further lower expenses. For example, living in budget-friendly locations like Chiang Mai, Thailand, allows digital nomads to maintain a high quality of life for a fraction of the cost compared to Western cities. Moreover, adopting a slower travel pace can help not only in decreasing costs but also in fostering a more productive work environment.
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