It would be really nice if somebody can give me some input.

Here is the deal:
- My ideal life would be to able to live in different countries and places. I only live once and it will be really nice if I can live, for example, 2 years in England, another year in Vienna, two years in America, etc etc. You get my point! (it's not just about the place that I enjoy, but also the people, the culture, the food, everything..)

- My question is that what kind of business allows me to do that? I am currently in the restaurant business and I can't see this business will allow me to live abroad for a while (maybe for a short vacation, but definitely not for a year).

- As of now, the only thing I can think of is online businesses, as it allows me to work anywhere I'd like. The problem with it is that I don't have any experience building an internet business. Can you think of other other business that allows me to do that?

- If internet business is the only way, as a beginner, where should I start? The online business is so HUGE that I don't know which business model will strive for years ahead. Affiliate? Lead Gen?

Thank you before hand for all the great inputs. I've learned a lot from this forum.

Try doing some general research in E-commerce/web companies.

You basically need 3 things.

1. a product

2. a website.

3 customers/affliates.


Make sure you have a unique product,and that your the best at what you do.

At least, let others think you are.

So,

Where to begin? read. read read read about how the ins and outs of affliate marketing,online selling,payment options,keywords,and anything else you can think of.

Then get a product,and sell it.

This does not have to be a material product! i know people that make good money from either builiding websites or selling e-books. I even know people who get a good buck by reviewing other people,s procucts.

Good luck.

Henk.

Henk,

Thanks for your input. From your post, I can see that you lean more toward affiliates. I have a friend who actually make good bucks from affiliates business as well.
I analyze the opportunity and these are my concerns about the business model:
The business is basically finding someone else's product and create a page for other people to see the review, which means anybody can do it even a highschool student.
How can I find my competitive advantage in this new field?
Would this model be saturated few years from now as the entry barrier to affiliate business is very low? (you only need a credit card to buy a domain name).

Thanks again!!

Use common things to exchange even value. Dont put crap on your page, and dont show up on pages that are crap .

You should use affliate marketing as a boost for your own product!

Take a look at Ridiculously Extraordinary – Freedom + Health + Travel + Life for example. That guy lives of his own products and marketing, and i think it is similar to the freedom you are trying to achieve.

minamo said:

Use common things to exchange even value. Dont put crap on your page, and dont show up on pages that are crap .

You should use affliate marketing as a boost for your own product!

Take a look at Ridiculously Extraordinary – Freedom + Health + Travel + Life for example. That guy lives of his own products and marketing, and i think it is similar to the freedom you are trying to achieve.

Click to expand...

Minamo, thanks for the link. I am currently taking a look on what he did and his products. But do you think that online business is the only way to have this kind of lifestyle? Thanks.

snaepil said:

Minamo, thanks for the link. I am currently taking a look on what he did and his products. But do you think that online business is the only way to have this kind of lifestyle? Thanks.

Click to expand...

Yes work anywhere you got internet connection providing your service. Kick a$$ at your site for 6 yrs non stop and free up 40 yrs to travel as much as you want. Read MJs book and old threads. Theres a part in the book (I don't know who it is on the forum) he provided a service and "sold the crap out of it" for 4 yrs working mostly 12 hrs days 7 days a week and sold his company for 32 million, process lead up to that event.

snaepil said:

- If internet business is the only way, as a beginner, where should I start? The online business is so HUGE that I don't know which business model will strive for years ahead. Affiliate? Lead Gen?

Click to expand...

what minamo said read read and read...

http://www.challenge.co/

http://www.google.com/search?rlz=1C...rceid=chrome&ie=UTF-8&q=how+to+make+a+website

Stock trading
Options trading
Travel writing
Ebay/Etsy store
Travel tours

the world is your oyster. find an unfilled/underfilled need and then find a better solution.

create work around the life you want to live. if you want to be a nomad, then make sure you are taking a job or starting a business that allows you this freedom.

what do you enjoy doing? this needs to be answered first.

the question you pose is not really the right question.

yes, you are looking for the transient lifestyle, but what skills can you offer that is of value to a company or customer that makes you worthwhile. answer that question and you can find your path.

Thanks for your great input Globalwealth!

I was thinking about what you said for a long time. This is my situation: I am in the restaurant business and this business doesn't allow me to be a nomad. Then, I started thinking to become a restaurant consultant, but a restaurant consultant also can't live a nomaden life. They need to be on site providing suggestions to restaurateurs. Then, I started thinking about creating an info product about restaurant, but the way the industry works cannot be summed up with an online product (somebody has to be on the physical site).

I am worried about starting an online business cause that will put me back to the starting line. There is nothing I can offer as a competitive advantage and I have to compete with millions of much more experienced internet marketers.

All your suggestions is worth millions friends... Thanks for being so supportive!

Here's what I'm thinking. If I can making a living from selling mobile Apps, then I can live any where I want. All I need is a laptop.

skyhigh said:

Here's what I'm thinking. If I can making a living from selling mobile Apps, then I can live any where I want. All I need is a laptop.

Click to expand...

It's nice if you have the skill creating mobile apps! For me, I still have to find what I would sell if I wanna live on my laptop.

snaepil said:

It would be really nice if somebody can give me some input...

- If internet business is the only way, as a beginner, where should I start? The online business is so HUGE that I don't know which business model will strive for years ahead. Affiliate? Lead Gen?

Thank you before hand for all the great inputs. I've learned a lot from this forum.

Click to expand...

1) Start with answering the question "What am I passionate about?"
2) After you know the answer to #1, then ask yourself "How can I monetize something I am passionate about using the web?"
3) Once you know the answer to #2, then ask yourself "What specific things do I need in place, and to create, to monetize my passion?" (If you don't know, ask this forum, ask me, or any mentors that you have who are in the industry).
4) Start taking action on what you come up with in #3
5) Once you create everything in #3, then create a plan to market and sell whatever you are selling to the market you are marketing to.
*In step 5 there are many unique ways to do this, you just have to have a plan in place before taking action which is something I help people create for themselves.

6-###) From this point it is continually creating value for the market, selling more product to the customers who love you, continually creating front end content that drives traffic through your marketing and sales funnel...(which again there are many creative ways to do that.)

I know it seems like a lot, but once everything is set up (web site, social media accounts, shopping cart, payment gateway...etc), then 80% of your time should be focused on marketing/driving traffic/networking to create win/win relationship and 20% of your time should be focused on everything else.

If you like feel free to answer these questions above in the thread to allow everyone in this thread to help you get moving in the right direction.

I look forward to helping you!

Best,
Scott

skyhigh said:

Here's what I'm thinking. If I can making a living from selling mobile Apps, then I can live any where I want. All I need is a laptop.

Click to expand...

How many mobile apps have you created? I am thinking about creating a mobile application myself. Feel free to send me a message or post your response here.

If you have links to past mobile apps that you have made...also feel free to post links to them here!

Thanks,

-Scott

WealthyMind said:

1) Start with answering the question "What am I passionate about?"
2) After you know the answer to #1, then ask yourself "How can I monetize something I am passionate about using the web?"

Click to expand...

I was thinking really hard about what you told me. Then, while browsing around I found this:

Link: How To Earn More Than $1,000,000 In One Year – Part 1 | Fastlane Entrepreneurs

The reason why 90% of entrepreneurs fail in their first 5 years is because they start businesses they have no business starting, often founded on “do what you love” or “do what I know” — as I pound mercilessly in my book — the world doesn’t care about what you know and what you love — they want to know what can you do for them??? What value can your business bring to the mouth of the world?

If you want to earn $1M in 1 year, your first task is to find the right road — and that road is to stop thinking selfishly, and start thinking about what the market needs and wants.

Click to expand...

That gives me a big shift in my thinking. Now, instead of looking at what I am passionate about, I am looking at what the world (or the country where I live) needs and how I/my product satisfy the needs. That also puts myself as irrelevant because if the world needs something that I know nothing about, then I HAVE TO start learning to gain as many knowledge about that particular thing.
Am I on the right track here?

WealthyMind said:

1) Start with answering the question "What am I passionate about?"

Click to expand...

Wrong question.
The right question is: How can I offer a product or service that creates value for as many people as possible?

If this product or service coincides with something that you're passionate about, that is just a bonus.

WealthyMind said:

1) Start with answering the question "What am I passionate about?"

Click to expand...

I think what WealthyMind was trying to say is what drives you? What is your passion that is going to motivate you to start the new business that will give you the freedom to travel the world? Do you have a passion for fast cars or houses by the beach? I could also be helping your family or giving back to your favorite charity. MJ talks about having passion to reach your goals in his book. I forgot what chapter it is but I would recommend you pick up a copy of his book as it will help you greatly in your journey.

In one of his articles on Fastlane Entrepreneurs | Entrepreneurs Engaged in a Fastlane Business Strategy, MJ writes the following:


The right surface is concrete and is poured from a need based premise — a fundamental market-based problem, issue, challenge, or pain-point that you set out to solve. Ignore this, and your road erodes into gravel or sand — speed becomes impossible.

“Bill has been a chauffeur for a limousine company for over 3 years. He quits his job to start a limousine business because it is what he knows”


“Joe is an expert in martial arts and loves his craft. A guru/life coach tells him to “do what you love” and opens a martial arts studio. “

In these two examples, the entrepreneurs engage the marketplace selfishly — they are thinking of themselves when they should be thinking about the voids and challenges in the market.

The short answer to your question ... The Internet. Bar none, #1. Second, I'd say an author.

kingwizard said:

What is your passion that is going to motivate you to start the new business that will give you the freedom to travel the world?

Click to expand...

Exactly. Passion is what drives you to do the hard work that others won't. Passion opts to work your business instead of crossing the street and drinking at the neighborhood saloon.

If your passion for being a nomad and a world traveler, is strong enough -- that will be all the passion you need. No need to look further.

the thread drift is cool, but to bring it back home for the OP.

Obviously, web based stuff is sexy and makes sense for remote access. However, I would mention some of the moguls of the world that have worked hard in a traditional business, hired great managers and can direct operations on an as needed basis from anywhere they are.

It's not quite auto-pilot, but having great management run your company can allow you a ridiculous amount of freedom.

I taste that from time to time when I travel and return to work and see more money in the bank account, customers happy and a still growing business without me there daily.

--
Obviously there are many differences, but I don't want you to think that online is the ONLY answer to the freedom you seek.

HenkHolland said:

Wrong question.
The right question is: How can I offer a product or service that creates value for as many people as possible?

If this product or service coincides with something that you're passionate about, that is just a bonus.

Click to expand...

Why do you think it is the wrong question to start out asking what are you passionate about?

While you do bring up a valid point, what I have found in the past is that if you don't have a true passion for what you are selling, when you hit the first brick wall or bump in the road, it is easier to give up...and most people do.

If you go after an idea just for the money...(what is happening and has been happening in social media over the past 4 years), you will get your butt handed to you if you aren't the world's best at it, or are just trying to copy what someone else is doing.

The way I see it...If your passion can't be turned into something that the market wants, or can't be packaged in a way that is able to be monetized...then asking your question would obviously be the second course of action.

But in the same sentence...there are so many ways to monetize a passion, and markets that will grab onto the products and/or services that are created.

If you can't find a way to monetize a passion, I think the key would be to go research different ways to make money and see how you can borrow their business models and customize it to monetizing a passion of yours.

Working within an area you are passionate about makes the entire entrepreneurial journey better in my opinion...

Thanks all... I've got some ideas that might work.. .just need to put a plan together.

Which one is better: "working on one idea and really focus with it" or "working on some ideas/websites and see which one is a fastlane and go with it"?
I know this is a stupid question as many gurus teach to have a laser focus but imho both views have downsides and upsides.

If I work on one website/business/idea, I will have no where to go if the business model actually doesn't work (wrong assumption from my part). But if I work on several, I won't be laser focused but at least I can see which one has the most potential.

Thanks!

WealthyMind said:

Working within an area you are passionate about makes the entire entrepreneurial journey better in my opinion...

Click to expand...

In my case I am passionate about the "journey" in itself of building a new and successful business based on the needs and wants of as many people as possible.
I discovered that I don't have to be passionate about my product or service as such. Of course, I need to have sufficient affinity with it.