My goal today was to write a post giving you a list of the best ways to generate an income while traveling around the world.
As I researched my idea on the web I came across an excellent blog post written by a chap called Ryan Robinson, entitled – 101 Best Side Business Ideas to Start While Working Full-Time (in 2018).
His site is all about ‘The Side Hustle’, in other words starting your business on the side while still at your full time job.
So rather than just regurgitate what’s already out there I’m going to recommend you read his post, but before you go….
His post lists pretty much anything and everything you can do to work from home either online or offline.
In fact while reading his post it occurred to me, how lucky are we to be living at a time when we have so many opportunities to start businesses or generate multiple streams of income without having to leave our front rooms!
However, I of course massively advocate you leaving your front room, really grabbing the bull by the horns and getting out to see the world!
So, whilst I urge you to have a read of Ryans post as he actually highlights 133 fantastic ideas, here are my summarized favourite ways for you to build a business that fully supports your traveling lifestyle!
1. Influencer Marketing
Blogging, podcasting, youtubing, social media marketing. You name it, this business model is all about you picking a subject you’re super interested in / passionate about and becoming an expert in that niche.
Whether that be;
Pets etc, etc.
Once you’ve built an audience via your platform of choice – writing, audio, video etc, then you’re in a position to monetize your business via product endorsements, affiliate marketing, online products, sponsorship, advertising, ecommerce, book sales, speaking engagements, collaborations, etc.
See My Top 5 Steps for Building a Business Online for more details on this model.
This is an opportunity for you to offer your expertise to clients looking to outsource specific tasks, projects or jobs, via sites such as;
So if you’re a great writer, PPC specialist, web developer / designer, graphic designer, virtual assistant, social media manager, WordPress expert etc, you can bid for jobs that meet your criteria.
This is a great way for you to advertise your services without having your own audience as you’re leveraging the audiences of the sites listed above.
Oh how I love this model.
These days you don’t even need to see, touch or feel a product to sell it, however as you’re traveling perhaps you’ll get inspiration for something hugely unique along the way!
You have a few options here, you can sell on Amazon, eBay, Etsy, or your own website.
Without doubt the best, most fulfilling and more long term option is your own site, but it will take work to build the audience up, very much like influencer marketing.
In fact you can tie Influencer Marketing with Ecommerce and sell products from your blog etc, but you can also build a specific brand here without using you as a public figure.
With Amazon, Ebay & Etsy, you can leverage their audiences but make no mistake about it, competition is heavy, so don’t think for one second you can slap up a product and it will take off with no work.
You might be one of the lucky ones (and the more unique your product in a busy marketplace the luckier you will probably be), but more often than not, you’ll have to work just as hard to ensure the eyeballs land and convert on your product.
Listen in to my interview with Ecommerce expert Allen Burt here as he walks through how to start and grow your own ecommerce business.
4. Fun & Creative Opportunities
If you’re a fan of diversifying and just trying out all sorts of online opportunities then you can look at;
In a nutshell, the brands above (and many more) provide all sorts of different physical products for you to sell using your own design.
You create your own design and add it to t-shirts, mugs, duvet covers, shoes, shower curtains, journals, you name it.
You advertise the product with your design, someone buys it, it’s sent direct from the site with your design and you get the money.
I’ve simplified it, but here’s a great blog post that tells you more – https://www.shopify.com/blog/print-on-demand
Stock Photography – While you’re traveling, take amazing photos and sell them online to stock photo sites like istock.com, 123rf.com etc.
Ebook Author – Akin to step 1 I guess, but slightly different in that you’re literally writing books and selling them on the Amazon Kindle store.
Here’s how Steve Scott (interviewed by James Altucher) is making $40k / month doing just that – https://jamesaltucher.com/2018/02/steve-scott-how-to-make-40k-a-month-writing-from-your-couch/
Build an Alexa Skill – A bit like an app for the phone, a skill is for Alexa and you can sell your skill on, get rewarded for engagement or add in skill purchases. See more here – https://developer.amazon.com/alexa-skills-kit/rewards
There are so many opportunities these days for generating an income from home or while traveling, your issue isn’t going to be what to do, it will be what not to do!
So start with what you’re good at and what you enjoy doing and take it from there.
The most important thing is to take action and get going!
Let me know your next step in the comments below.
Hope it helps,