MBA646 Guest Teacher: Travis Sherry – Build a Business While Travelling the World.
Jun 6, 2016
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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!
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.
Effective Time Management Tactics
Implementing solid organizational techniques can greatly enhance productivity while balancing work and travel. Writing a detailed to-do list each night prepares individuals for the following day, eliminating overwhelm at the start of the workday. Another effective approach is batching work and travel; dedicating specific weeks solely to work enables more focused productivity, while allowing for guilt-free exploration later. Setting hard stops for the workday is also crucial, as it encourages individuals to appreciate their travel experiences and prevents burnout.
Embracing Flexibility in Work and Travel
A key component of successfully running a business while traveling is the ability to embrace spontaneity and flexibility. Granting oneself the freedom to deviate from strict work schedules can lead to fulfilling experiences that define the essence of the travel lifestyle. For instance, recognizing when to pause work to engage in exciting opportunities can enhance personal growth and satisfaction. Balancing commitment to work with the occasional leap into adventure ultimately enriches the journey and fosters a deeper connection to both the business and traveling experiences.
Can you build an independent business while travelling the world? Our special Guest Teacher thinks so, and he’s here to tell you how! Travis Sherry has been on the road for years, and he’s got the tricks to making it affordable, sustainable, and practical. Learn how you can see the world and make a living at the same time! Click play at the top of the page!