Lots of people get bitten by the nomad bug and many will quit their jobs to give it a go. However the nomads who are the most successful will learn all they can about how to make money while traveling before they actually make the leap to full-time travel. Digital Nomad Academy (DNA) is one resource that can help you make your own transition as successful as it can be.
Cody McKibben, creator of Thrilling Heroics, has created the world’s first university dedicated to teaching people like you and me how to earn an income from anywhere. Digital Nomad Academy (DNA) will show you how to build the location independent lifestyle of your dreams by explaining how to:
- Find a business idea that works for you while delivering value to others
- How to figure out your most valuable business objectives
- Create an online business from scratch
- Be productive wherever you are
- Network with successful location-independent entrepreneurs
The Digital Nomad Academy delivers the only full-fledged course on starting a business you’re passionate about and taking it on the road, working from anywhere in the world.
When I started making jewelry and opened my Etsy shop, I suddenly fell into the “starting artist” mindset. As a total novice, I had zero self-confidence and wasn’t sure if anyone would actually by my charms. And as a frugal-minded person, I wasn’t even sure that I would pay the prices I was charging. Isn’t that sad?
As creatives we tend to shortchange ourselves when it comes to setting pricing for our products. That’s because art is so subjective. See, if you’re an engineer or a technically-oriented professional, you have pay scales you can use to set your pricing, but for artists, it can feel like a guessing game.
Thankfully I’m learning from others who have gone before me. If you’re struggling with what to charge for your artwork, here are some resources that can give you that boost of confidence you need to get what you’re worth:
Most self-employed people struggle at some point with the issue of setting their fees. Set your fees too high, and you could price yourself out of the market. Set your fees too low, and you’ll put yourself under pressure as profit margins get squeezed.
But how can you tell if your prices are high enough? Do you know what YOUR break-even cost per hour is? Most people don’t, and that’s a common problem for those of us selling services. If you don’t know your costs of being in business, how can you determine a realistic price for your services? A price that allows you to get ahead, not just tread water.
And, once you’ve established your price, how do you convince clients to pay it? Well the first person who needs to be convinced about your price is YOU. If you aren’t convinced that ‘you’re worth it’, then you will unconsciously transmit that uncertainty to your prospects and clients too.
And if you’re just starting out, I recommend learning as much as you can from the experts. Here’s a comprehensive guide to setting up your craft business the right way.
The Profitable Crafts Mega Package is the definitive guide to showing you the ropes to starting, running, and marketing your own successful craft business.
Written by craft business guru Maria Vowell, the Profitable Crafts Mega Package is four volumes packed with as much information as is humanly possible about making money with your crafts – showing you the fastest and easiest way to get your profitable craft business off the ground.
As an artist, Etsy has been so helpful in growing my business. Here’s a great instructional video I watched in Etsy’s Online Labs:
- How do you price creative work so that it’s personally, commercially, and financially sustainable?
- How do you price creative work so that you’re able to create more and grow your business with integrity?
- How do you price creative work to demonstrate value to your customer and raise the standard for creative products?
Pricing isn’t easy. But it doesn’t have to be hard. There are strategies and philosophies that drive smart pricing. Before you can price for profit, you’ve got to learn the Art of Earning. Megan Auman and Tara Gentile show you how.
Are you a creative? How do you set your prices? I’d love to hear your thoughts below.
It’s hard not to be envious of someone who has a newer, shinier, larger rig than the one we’ve got. While our rig is only 5 years old and in great shape, it’s often challenging for me to put that envy aside and remember that our number one priority is to live debt-free, within our means.
Last year I started to get tempted into getting into an RV loan for a bigger rig. As our business needs grow and we try to squeeze our business and home into a 24′ fifth wheel, I got crankier every time I felt the constraints of our limited space.
I even tried to rationalize going into debt over a new rig, because our RV is our primary residence. Since Dave Ramsey says a principal residence is about the only thing that’s acceptable to finance, I desperately wanted to believe that he would agree with my rationalization.
The only way to know for sure, was to give Dave a call on his daily radio show.
So I did. And I got through. You can read the entire conversation in our LiveWorkDream blog, but here’s what he said about RV financing, in a nutshell:
. . And so you don’t want to finance things that cost you. You don’t want to finance anything, but for sure you don’t want to finance something that’s going down. That’s the direction. I wish I could tell you I thought it was a good idea, but no. same thing I would tell you by the way if you were living on a houseboat. No I wouldn’t finance it. No, I wouldn’t finance the move up, and no I wouldn’t finance the move just because it’s the primary residence.
Dave’s advice? Dip into savings to make up for some of the difference between the trade in value of our current rig and a new one, then save our pennies for the rest.
And that settles the discussion. The only thing you should go into debt for are appreciating assets, not ones that take a dump the minute you drive them off the lot.
Duh. Somewhere way back in my brain, I knew this fact, but I got swayed by all of the pretty new RVs I see all summer long. It was great to get a reality check from Dave in front of a few million listeners!
Are you still thinking about how to earn a living from home, the road or the outback?
Our book, “Income, Anywhere!” is getting rave reviews from aspiring nomadic business owners and other people who want to work from home. Here’s what one recent reader had to say:
“I downloaded and already read the entire book. It is a great resource and it has given me some much needed inspiration and some faith that I can do this!!” – Facebook fan
Income, Anywhere! is packed with a ton of resources for everyone who dreams of self-employment but isn’t sure where to start. The book outlines income generation methods that work for us and anyone from creatives to mechanics. Another aspiring entrepreneur recently told us:
“I can not even believe how many resources are available, I read a lot and I don’t think I have ever read a book that had so much information, most books don’t share information, they share stories! As I was reading it I was wishing I had found it sooner, because everyone I talk to and ask about the blogging and online stuff over the years don’t have any answers or know how this stuff works (of course I ask computer people thinking they would just know, not that they do any home based computer business) and your little book answered every single one of my questions I had about how that income stream works! AWESOME!” – Kim
You can make money from anywhere if you have the desire to work for yourself, and the passion to make your dreams come true.
Download Income, Anywhere! to take charge of your own destiny today.
Why is it that no matter how much you show some people how to get free of the shackles of a traditional, debt-laden consumer existence, the more they lash back with every excuse about why they think it can’t be done?
Today on NPR’s Morning Edition, a great story about one family’s sabbatical sparked a fascinatingly tragic debate between those of us who know and believe living outside convention can be done, and those tragic individuals who won’t open their minds enough to understand that yes, anyone can do this.
“Seeing The (Northern) Light: A Temporary Arctic Retirement,” spotlights one family’s journey into a year of simplicity while living on a small Norwegian island.
“For us, this was not an escape. We really liked our lives. But we still wanted a year where we could just do something completely different,” said Kristen Chen.
NPR tells about their year in the Arctic Circle better than I can. Listen to the story here to see how they did it, then scroll down to the comments and be prepared for the assumptions, hostility and accusations that listeners threw at this extraordinary family.
“Wonderful idea…and then I got depressed. Unfortunately, most of us that would greatly benefit from this kind of life enhancement can not possibly afford to escape from the cycle of bills that is our life. I couldn’t afford to take off a month, much less a year.”
“Mr. Chen ,you’re are being dingenuous. According to this story, you have a “well paying” career which affords you a privlige not many others have. In fact this whole piece smacks of NPR’s selling out top economic elites”
“I love this story but the truth is most people cannot do this. I don’t own a home nor do I have credit cards, but I highly doubt the good people at Sallie Mae would let me take a year off from paying on my student loans. Still, it is a nice idea for someday!”
“Very unusual. It’s a shame this sort of thing is within the reach only of the fairly well educated and well off. I can’t see your average auto mechanic or sales clerk doing this.”
This sounds too familiar to us. People make assumptions about Jim and I all the time. When they see us working from our laptops while sitting in a hammock, they assume we’re rich. But if they see us while we’re workamping at the dude ranch like we are now, they assume we’re broke and have to do it. If only they would stop assuming and ask us how we live so freely, they’d see there is another, better way to live than how we’ve been taught all our lives.
When you dream of having a new, different way of life, what are some of the assumptions you make?