location independent http://www.wisebread.com/taxonomy/term/11139/all en-US Tools for Running Your Location Independent Business http://www.wisebread.com/small-business/tools-for-running-your-location-independent-business <div class="field field-type-link field-field-url"> <div class="field-label">Link:&nbsp;</div> <div class="field-items"> <div class="field-item odd"> <a href="http://www.openforum.com/idea-hub/topics/managing/article/tools-for-running-your-location-independent-business-nora-dunn" target="_blank">http://www.openforum.com/idea-hub/topics/managing/article/tools-for-running-your...</a> </div> </div> </div> <div class="field field-type-filefield field-field-blog-image"> <div class="field-items"> <div class="field-item odd"> <a href="/small-business/tools-for-running-your-location-independent-business" class="imagecache imagecache-250w imagecache-linked imagecache-250w_linked"><img src="http://wisebread.killeracesmedia.netdna-cdn.com/files/fruganomics/imagecache/250w/blog-images/iStock_000009847006XSmall.jpg" alt="Working from a boat" title="Working from a boat" class="imagecache imagecache-250w" width="250" height="179" /></a> </div> </div> </div> <p>Your clients and customers don't necessarily need to know that you are running your business from across the globe. With the advent of the internet, <a href="http://www.openforum.com/idea-hub/topics/money/article/when-to-outsource-for-your-small-business-nora-dunn">outsourcing</a>, and other services, you can operate your location independent business just as effectively from 2,000 miles away as you can from 20 miles away. Here are tools to help you do just this.</p> <p>In addition to my own experience of traveling full-time since 2007, I've solicited the advice of three <a href="http://www.wisebread.com/location-independent-career-basics">location independent</a> business people who have loads of experience working from locations around the world.</p> <p>Anil Polat started out by telecommuting for six years as a security consultant, before branching off in 2009 and working independently from the road. As an expert on technology, you can learn about his various tricks of the trade at <a href="http://www.foxnomad.com/">Fox Nomad</a>.</p> <p>Cherie Ve Ard and her partner Chris Dunphy have been living a fully mobile life in their solar-powered RV, <a href="http://ad.doubleclick.net/clk;218395891;41475468;y?http://www201.americanexpress.com/sbsapp/FMACServlet?request_type=alternateChannels&amp;lpid=300&amp;openeep=17460&amp;ccsgeep=17460">traveling</a> around the States since May 2007. They juggle a few business ventures and government contracts, and share their methods and costs to operate on the road at <a href="http://www.technomadia.com/">Technomadia</a>.</p> <p>Lea Woodward has been traveling with her location independent career since 2007. She and her husband Jonathan run <a href="http://www.kinetiva.com/solutions">Kinetiva</a>, an online marketing and branding consultancy. They even travel and run their businesses with a baby girl in tow.</p> <h2>Finances</h2> <p>Your business won't go far if you don't get paid. With the advent of online banking and other services, it's not difficult to manage your business finances from abroad.</p> <p><strong>Invoicing</strong></p> <p>Lea emails her invoices and uses <a href="http://www.freshbooks.com/">FreshBooks</a> (which offers time-tracking, billing, and invoice management services) to organize it all. As a web-based platform, it can be accessed from any computer, which enhances the appeal for location independent businesses.</p> <p>Anil likes to use another invoicing service:</p> <blockquote>For formal invoices I use <a href="http://www.curdbee.com/">CurdBee</a>; it's free and makes setting up invoices and saving templates very easy.</blockquote> <p>Depending on how you get paid (which we'll touch upon in a minute), you can also create invoices with payment services like <a href="http://www.acceptpay.com/">AcceptPay</a> and <a href="http://www.paypal.com">Paypal</a>.</p> <p>Cherie's major clients employ online vendor payment systems which negate the need for invoicing. And she's not alone in the infrequent need to create invoices.</p> <blockquote>For individual clients, we'll email a manually created invoice when appropriate &mdash; however that's a fairly infrequent need.</blockquote> <p><strong>Receiving Electronic Payments</strong></p> <p>Services like AcceptPay and Paypal offers the ability for customers to pay via a few different avenues including credit and debit cards. PayPal is also a great cross-border transaction tool, since it converts currencies and avoids costly international bank transfers.</p> <p>Direct bank transfers are also popular (especially in the UK), and Lea likes to use them as much as possible. &quot;For any UK-based clients, we receive payments via bank transfer since this is free and usually faster than Paypal.&quot; Cherie also cites her primary sources of income as direct deposits to her business account, since they are regular payments.</p> <p><strong>Depositing Checks</strong></p> <p>Although it's less and less common, receiving checks in the mail can happen, and is possibly the biggest hurtle to managing location independent finances. But even this is relatively easily to overcome.</p> <p>Some <a href="http://www.openforum.com/idea-hub/topics/lifestyle/article/essential-services-for-the-road-nora-dunn">virtual mailbox services</a> will deposit checks into your bank account for a fee. Some banks also have worldwide branches, which makes depositing a check from wherever you are fairly straightforward.</p> <p>Otherwise, many location independent business people who are out of the country will simply have the check sent to a friend, family member, or business colleague in their home town, who can in turn deposit it on their behalf. Anil says:</p> <blockquote>If someone wants to send me a paper cheque I have it sent to friends or family in the US &mdash; most banks don't have a problem accepting cheques made out to you no matter who they're deposited by.</blockquote> <p><strong>Paying the Bills</strong></p> <p>One of the benefits of a location independent business is a lack of bills to pay! You don't have rent, power, and a host of other expenses you might juggle if you operate out of a traditional office space. And for what expenses you do have, you can use a debit or credit card (which can be managed online), and set up automatic debits for regular expenses.</p> <h2>Communication</h2> <p>From staying in touch, to networking, to managing documents and calendars, your location independent business may benefit from some of these virtual helping hands.</p> <p><strong>Document Management</strong></p> <p>Lea is a big fan of Google in general.</p> <blockquote>We use Google Apps as our main 'engine' &mdash; so we use Gmail, Google Docs (including Google forms) and Google sites for most of our business admin and communications. Anything important, we download onto our hard drives but we leave the majority '<a href="http://www.openforum.com/idea-hub/topics/technology/article/keeping-business-records-in-the-cloud-thursday-bram">in the cloud</a>.'</blockquote> <p>Cherie is also a fan of Google for coordinating schedules and documents across long distances:</p> <blockquote>We use Google Docs and Calendars for collaborating on our schedules and any documents we're creating.</blockquote><p>She also uses <a href="http://www.evernote.com/">Evernote</a> for digital records of receipts.</p> <p><strong>Social Media</strong></p> <p>Formerly used by the &quot;young crowd,&quot; <a href="http://www.facebook.com/">Facebook</a> is increasingly becoming a multi-generational tool for staying in touch. Both Lea and I use it quite regularly. (Warning: It can become addictive; I am a very unsuspecting case in point)!</p> <p><a href="http://www.twitter.com/">Twitter</a> is an incredibly powerful social media tool if used properly. You have to sort through spammy users to establish sincere connections, but it can be done. Judicious use of searches and hashtags can result in finding information you want, helping out fellow Twitterers, or meeting valuable business connections. Through #traveltuesday, I met (first online, and eventually in person) three fellow female travelers and writers the last time I was in Canada. More recently, I met a Spanish photographer who gave me important information on festivals in Spain, where I'll be shortly.</p> <p><a href="http://www.linkedin.com/">LinkedIn</a> is the last of the mainstream social media sites, although none of the experts specifically mentioned it as an essential tool. Developing a profile complete with recommendations will increase your search-ability through Google, and act as an informal resume. Some of the newsgroups are also quite informative, and participating in them can lead to new business opportunities.</p> <p>Admittedly, there seems to be a movement away from the 140-character craze that has seized the world in favor of some deeper and more meaningful connections. But to meet new people and establish lines of communication, these social media engines have revolutionized location independent networking.</p> <h2>Backups</h2> <p>Both Cherie and Lea use <a href="http://www.dropbox.com/">Dropbox</a>, but for different reasons: Cherie uses it for file-sharing, and Lea uses it for backups of specific files. For backing up her entire system, Lea also uses <a href="http://www.backblaze.com/">Backblaze</a>.</p> <p>And with his extensive computer security work, Anil is pedantic (in a good way!) about his backups. &quot;Backups are essential when traveling and I'm a huge fan of <a href="http://www.b2.crashplan.com/landing/index.html">Crashplan</a> since it's free online backup and allows you to set up more than one backup location.&quot; He backs up his information both on his own computer, as well as a secondary computer that is in a more central location while he is on the road.</p> <blockquote>It's robust and easy to restore things if I have to.</blockquote> <p>Anil also suggests that using virtual machines are beneficial, especially if you are trying out new software that you don't want to compromise your primary system.</p><blockquote>Some free options are <a href="http://www.virtualbox.org/">VirtualBox</a>, <a href="http://www.microsoft.com/windows/virtual-pc/">VirtualPC</a>, and <a href="http://www.vmware.com/products/player/">VMWare Player</a>. They basically let you run Windows in a Mac, or an extra copy of Windows on your Vista machine without affecting your main system at all. The benefit is if you screw up a virtual machine you can always create another &mdash; much harder and riskier to do on your 'real' computer.</blockquote> <h2>Other Location Independent Business Tools</h2> <p><strong>Digital Product Delivery</strong></p> <p>Two popular programs for delivering digital products (like e-books) and managing affiliate programs are <a href="http://www.e-junkie.com/">E-junkie</a> and <a href="http://www.1shoppingcart.com/">1ShoppingCart</a>, and Lea (and I) attest to using both of them.</p> <p><strong>Escrow Services</strong></p> <p>Escrow can be valuable as an impartial &quot;middle-man&quot; for long-distance business transactions. It holds the fees payable in a special escrow account until all parties agree that the product or service is satisfactorily delivered. Escrow services can also increase customer confidence (and their likelihood in buying). <a href="http://www.escrow.com/">Escrow.com</a> is one such service.</p> <p><strong>Project Management, Help Desk, etc.</strong></p> <p><a href="http://www.worketc.com/">WORKetc</a> offers project management software, web-based CRM, and invoice/billing software, on top of document and calendar-sharing services. It also has help desk software that help you to answer customer queries effectively.</p> <p><strong>Document Signing</strong></p> <p>Location independent businesses struggle most in getting documents signed by multiple parties in different locations. <a href="http://www.echosign.com/">EchoSign</a> is a service that can take care of the leg-work for you by sending documents, obtaining signatures, and copying, delivering, and filing the final product.</p> <p><em>We want to hear from you! What location independent business tools do you swear by? Feel free to leave a comment and help the OpenForum community learn from your expertise!</em></p> <script type="text/javascript"> federated_media_section = "platinum"; </script><br /><div id="custom_wisebread_footer"><div id="rss_tagline">This article is from <a href="http://www.wisebread.com/nora-dunn">Nora Dunn</a> of <a href="http://www.wisebread.com/small-business/tools-for-running-your-location-independent-business">Wise Bread</a>, an award-winning personal finance and <a href="http://www.wisebread.com/credit-cards">credit card comparison</a> website. Read more great articles from Wise Bread:</div><div class="view view-similarterms view-id-similarterms view-display-id-block_2 view-dom-id-1"> <div class="view-content"> <div class="item-list"> <ul> <li class="views-row views-row-1 views-row-odd views-row-first"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/250-tips-for-small-business-owners">250+ Tips for Small Business Owners</a></span> </div> </li> <li class="views-row views-row-2 views-row-even"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/the-5-best-credit-cards-for-small-businesses">The 5 Best Credit Cards for Small Businesses</a></span> </div> </li> <li class="views-row views-row-3 views-row-odd"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/10-smart-ways-to-get-a-small-business-loan">10 Smart Ways to Get a Small Business Loan</a></span> </div> </li> <li class="views-row views-row-4 views-row-even"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/4-inspiring-stories-of-normal-people-building-a-thriving-online-store">4 Inspiring Stories of Normal People Building a Thriving Online Store</a></span> </div> </li> <li class="views-row views-row-5 views-row-odd views-row-last"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/5-ways-to-protect-your-business-during-a-divorce">5 Ways to Protect Your Business During a Divorce</a></span> </div> </li> </ul> </div> </div> </div> </div><br/></br> Entrepreneurship Small Business Resource Center Technology location independent small business telecommute web tools Wed, 23 Jun 2010 23:54:52 +0000 Nora Dunn 104716 at http://www.wisebread.com Things to Consider Before Uprooting Your Business http://www.wisebread.com/small-business/things-to-consider-before-uprooting-your-business <div class="field field-type-link field-field-url"> <div class="field-label">Link:&nbsp;</div> <div class="field-items"> <div class="field-item odd"> <a href="http://www.openforum.com/idea-hub/topics/lifestyle/article/things-to-consider-before-uprooting-your-business-nora-dunn" target="_blank">http://www.openforum.com/idea-hub/topics/lifestyle/article/things-to-consider-be...</a> </div> </div> </div> <div class="field field-type-filefield field-field-blog-image"> <div class="field-items"> <div class="field-item odd"> <a href="/small-business/things-to-consider-before-uprooting-your-business" class="imagecache imagecache-250w imagecache-linked imagecache-250w_linked"><img src="http://wisebread.killeracesmedia.netdna-cdn.com/files/fruganomics/imagecache/250w/blog-images/iStock_000007769257XSmall.jpg" alt="Vacation work" title="Vacation work" class="imagecache imagecache-250w" width="250" height="165" /></a> </div> </div> </div> <p>Deciding to uproot your business and go virtual can be very liberating. More lifestyle options become available to you once you structure your business to be run from anywhere in the country &mdash; or the world. But it's not quite as easy as picking up and leaving; there are a number of things to consider and account for before buying that plane ticket. Here are some things to consider before pulling the plug on your office space.</p> <p>To help sort through it all, I chatted with Marion Harrington, who has established a reputation as a &quot;maverick tax guru&quot; in the financial planning field as a result of authoring a detailed international tax research paper on International Private Pensions and her very laid-back style of doing business. She <a href="http://www.locationindependentservices.com/freedom-financials">works with Location Independent clients</a> and is developing a country-specific <a href="http://locationindependentguides.com/the-location-independent-tax-finance-guide-us">LIP Tax &amp; Finance Guide</a> to help people uproot their own businesses.</p> <p><strong>Benefits to Uprooting your Business</strong></p> <p><b>Lower Capital &amp; Operational Costs.</b> With no building premises to pay for and maintain, you see an instant <a href="http://ad.doubleclick.net/clk;218395199;41474888;e?http://www.plumcard.com/?eep=17460">savings</a>. Other capital and operational expenses associated with having a physical office are also significantly reduced.</p> <p><b>Increased Profits.</b> There aren't really any additional costs to making your business virtual, so all the money you save in lowering your capital and operational expenses go directly into your pocket.</p> <p><b>Fluid Employee Base.</b> Depending on your employment needs, you may be able to <a href="http://www.openforum.com/idea-hub/topics/money/article/when-to-outsource-for-your-small-business-nora-dunn">outsource</a> your needs to freelance or <a href="http://www.openforum.com/idea-hub/topics/money/article/to-payroll-or-not-hiring-contract-vs-salary-employees-nora-dunn">contract employees</a> or virtual assistants. By engaging freelance employees only as required, you can also reduce your operational costs. Those <a href="http://www.openforum.com/idea-hub/topics/money/article/life-insurance-for-your-business-nora-dunn">key persons</a> to your business can remain on the payroll, and work as telecommuters.</p> <p><b>Work with Clients Internationally.</b> Depending on your market and product or service, you could get clients/customers from anywhere in the world, since you are set up to assist them virtually. This can open up your business to international markets, and be very rewarding.</p> <p><b>Psychological Freedom.</b> Even if you don't physically move from your home town and roam the world at large, uprooting your business can give you a great sense of freedom in knowing that you have options.</p> <p><strong>Pitfalls to Uprooting Your Business</strong></p> <p><b>Fluctuating Currency Rates.</b> If you decide to stay or live in another country, you could find that your personal income fluctuates even though it may not on paper. &quot;If your main target market is in the U.S. you would logically bill out in Dollars. However, if you live in the EU and the Euro dramatically weakens, all of a sudden your monthly cash-flow forecasts [decrease],&quot; says Harrington.</p> <p>To make your accounting life easier around this issue, Harrington recommends keeping accurate and timely records. &quot;Currency issues figure in IRS returns as well &mdash; all numbers have to be expressed in Dollars. Do your accountant favor &mdash; if you receive monies in any currency apart from Dollars, make a note of the exchange on the day you receive it.&quot;</p> <p><strong>International Tax Planning Considerations</strong></p> <p>Although you can structure your tax situation to minimize tax liabilities, it's very difficult (and usually illegal) to evade taxes entirely by playing the international tax dance. International tax planning is about how you organize your affairs to make the most sense for your business and cash flow, while minimizing taxes payable. Harrington says things like nationality, residency, and domicile become important. &quot;You can have a different tax residency from your physical residency. Each country has its own definition of what residency means. Sometimes you can have a complete hybrid.&quot;</p> <p><b>Claiming Worldwide Income.</b> Harrington warns that even if you live outside of the U.S. and earn money from other countries, you still have to claim it on a U.S. Return if you are a U.S. Citizen. &quot;Uncle Sam exercises his right to tax citizens on their worldwide income, wherever they live. Strictly speaking, even individuals who are born abroad but have a U.S. mother or father are supposed to file a return with the IRS.&quot;</p> <p><b>Foreign Earned Income Allowance.</b> If you run your business outside of the U.S., you could be eligible for a huge tax break called the Foreign Earned Income Allowance (FEIA). &quot;Providing you meet certain criteria, you are permitted to exclude $91,400 in earned income each year from your taxes ($182,800 for a married couple). This isn't a credit or deferral but a complete exclusion from your taxable gross amount. The FEIA could possibly nullify all tax liability depending on the rest of your circumstances,&quot; says Harrington.</p> <p><b>Travelling the World with Multiple Streams of Income.</b> &quot;Legislation on operating certain businesses in each country varies, virtual or otherwise,&quot; says Harrington. You have to pay attention to the nationality of your customers, the tax laws in the country in which you reside (or in some cases are just visiting if you continue to operate your business during your visit), as well as U.S. tax regulations. &quot;In the majority of instances a suitably worded disclaimer prominently situated on your website is usually sufficient to satisfy most jurisdictions.&quot;</p> <p><b>Visa Requirements.</b> Although some countries allow people on tourist visas to operate virtual businesses, others don't. Be sure to research the visa regulations and requirements of any country you visit.</p> <p><b>International Tax Regulations by Country.</b> Don't assume that each country has similar tax laws. For example, in France, you could unwittingly assume tax residency depending on your length of stay and bank account structure.</p> <p><b>Offshore Corporations.</b> When I asked Harrington about the benefits of setting up an offshore corporation, I learned there is no clear-cut answer. &quot;There are certain cases where an offshore corporation might result in a minimization of tax liability but detailing all the specifics would demand an eBook on that subject alone. I certainly wouldn't consider offshore unless I had already taken professional advice. So much depends on the unique set of circumstances in each case.&quot;</p> <p><b>U.S. Withholding Tax.</b> Your cash flow could be affected by U.S. Withholding tax regulations, which are complicated and were recently adjusted (in January 2010). You can read IRS Publication 519 to determine how your occupation and target market is affected.</p> <p><strong>Checklist of Things to Do and Questions to Ask Before Uprooting Your Business</strong></p> <p><b>1. Get organized.</b> Harrington cites getting your tax and financial house in order as a priority. &quot;Organizing your tax and finances should rate as an absolute priority both before launch and before you hit the road.&quot;</p> <p><b>2. Figure out where you're going.</b> How you structure your business will depend on where you're going and how you'll generate your income.</p> <p><b>3. Set financial goals and expectations.</b> How you structure your business and international residency depends on how far you're prepared to go to save tax.</p> <p><b>4. Educate yourself.</b> &quot;Familiarize yourself with key terminologies both domestic and international. If you're planning to travel, you need to carry out extensive research. Seek out country specific tax information and back-check with domestic law.&quot;</p> <p><b>5. Consult an expert.</b> Consult your accountant and financial planner to ensure you're on the right track. If you plan to travel, Harrington suggests consulting an international tax attorney or financial planner with international experience. Your team of experts can also help you stay on top of the ever-changing laws and legislations.</p> <p><b>6. If you want to live somewhere else, decide if you'll return to the U.S.</b> Whether or not you plan to return to the U.S. for residency purposes can have huge implications on your tax situation. Some tax and residency considerations include:</p> <ul type="disc"> <li>Income expectations.</li> <li>Whether you are prepared to break all ties with the U.S.</li> <li>Changing your passport/nationality.</li> </ul> <p>Lastly, take a look at <a href="http://www.openforum.com/idea-hub/topics/lifestyle/article/essential-services-for-the-road-nora-dunn">Essential Services for the Road</a> to help make your virtual business run smoothly from anywhere in the world, with nothing more than an internet connection.</p> <script type="text/javascript"> federated_media_section = "plum"; </script><br /><div id="custom_wisebread_footer"><div id="rss_tagline">This article is from <a href="http://www.wisebread.com/nora-dunn">Nora Dunn</a> of <a href="http://www.wisebread.com/small-business/things-to-consider-before-uprooting-your-business">Wise Bread</a>, an award-winning personal finance and <a href="http://www.wisebread.com/credit-cards">credit card comparison</a> website. Read more great articles from Wise Bread:</div><div class="view view-similarterms view-id-similarterms view-display-id-block_2 view-dom-id-2"> <div class="view-content"> <div class="item-list"> <ul> <li class="views-row views-row-1 views-row-odd views-row-first"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/250-tips-for-small-business-owners">250+ Tips for Small Business Owners</a></span> </div> </li> <li class="views-row views-row-2 views-row-even"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/8-life-skills-every-freelancer-needs">8 Life Skills Every Freelancer Needs</a></span> </div> </li> <li class="views-row views-row-3 views-row-odd"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/10-things-all-successful-freelancers-do">10 Things All Successful Freelancers Do</a></span> </div> </li> <li class="views-row views-row-4 views-row-even"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/the-5-best-credit-cards-for-small-businesses">The 5 Best Credit Cards for Small Businesses</a></span> </div> </li> <li class="views-row views-row-5 views-row-odd views-row-last"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/22-websites-that-will-pay-you-to-write-for-them">22 Websites That Will Pay You to Write for Them</a></span> </div> </li> </ul> </div> </div> </div> </div><br/></br> Entrepreneurship Small Business Resource Center home business location independent small business telecommute work from home Sun, 13 Jun 2010 02:45:30 +0000 Nora Dunn 92376 at http://www.wisebread.com Three E-Books to Help You Make Money, Travel, and Change Your Life http://www.wisebread.com/three-e-books-to-help-you-make-money-travel-and-change-your-life <div class="field field-type-filefield field-field-blog-image"> <div class="field-items"> <div class="field-item odd"> <a href="/three-e-books-to-help-you-make-money-travel-and-change-your-life" class="imagecache imagecache-250w imagecache-linked imagecache-250w_linked"><img src="http://wisebread.killeracesmedia.netdna-cdn.com/files/fruganomics/imagecache/250w/blog-images/IMG_3507_1.JPG" alt="office space" title="office space" class="imagecache imagecache-250w" width="250" height="188" /></a> </div> </div> </div> <p>It&rsquo;s no secret that many of us are looking for something different in life. And one of the biggest things we can <a href="http://www.wisebread.com/feeling-stuck-100-ways-to-change-your-life">change about our lives</a> is <a href="http://www.wisebread.com/america-is-the-no-vacation-nation">how we work</a>. If we are not tied to a desk all the time, the options for how &mdash; and where &mdash; we choose to live open up dramatically.</p> <p>Following are profiles of three e-books that feature a different aspect of making money, <a href="http://www.wisebread.com/travel-resources" title="40+ Travel Resources">traveling</a>, and changing your life.</p> <p>Although each e-book is very different, they share the following commonalities:</p> <ul> <li>The authors all make a full-time living with their unconventional professions.</li> <li>The authors practice what they preach.</li> <li>The authors have time for extensive travel (although not all of them are full-time travelers).</li> <li>Each e-book is jam-packed with concrete resources to get you going, as well as lifestyle design tips to keep you inspired.</li> </ul> <p>So without further ado&hellip;</p> <h2>The Unconventional Guide to Working for Yourself<img align="right" src="http://wisebread.killeracesmedia.netdna-cdn.com/files/fruganomics/u290/ug-workingself.jpg" alt="" /></h2> <p>The author of this e-book, Chris Guillebeau, has a wildly popular web site called <a href="http://chrisguillebeau.com/3x5/">The Art of Non-Conformity</a>, which is a template for living life outside of the box by challenging our ethos and ideas. Chris also has great business sense, and regularly shares the details of his ongoing entrepreneurial ventures with his readers.</p> <p><strong><a href="http://unconventionalguides.com/cmd.php?Clk=3597206" target="_blank">The Unconventional Guide to Working for Yourself</a> is a guide to starting your own very small business.</strong> Chris shares his personal experience of breaking free from the 9-5 cycle to run his own businesses, in an effort to escape the cubicle-lifestyle and to set his own course through life. Since the age of 20, he has worked for himself in one capacity or another, so he has lots of experience &mdash; good, bad, and otherwise &mdash; to share with you.</p> <p>(Incidentally, Chris is currently fulfilling a mission to visit every country in the world by April 2013. Because he works for himself, he is able to incorporate such travels into his life, and has already visited 119 of 197 countries.)</p> <h3>Who this e-book is for:</h3> <ul> <li>You want to start an online business and generate a source of revenue without having to quit your job.</li> <li>You are prepared to work for it.</li> <li>You are not overly familiar with various ways to make money online, and need help getting started. (Online marketing gurus need not apply.)</li> </ul> <h3>Here are some of the business ideas and possible streams of income profiled in the e-book:</h3> <ul> <li>Blogging &mdash; and how to actually make some money with it (which most people don&rsquo;t)</li> <li>Ebay selling</li> <li>Stock photography (and other ways to make money with photographs)</li> <li>Consulting</li> <li>Information products</li> <li>Continuity programs</li> <li>Affiliate income (and why most affiliate programs don&rsquo;t work)</li> <li>Maximizing Adsense revenue</li> <li>Chris encourages you to come up with your own ideas, and even discusses a few wacky unconventional career ideas, like speaking on cruise ships</li> </ul> <p><strong>The e-book also goes into lots of detail about the logistics of running your own online business, as well as the pitfalls you can avoid to ramp up your success even faster.</strong> Chris shares his personal experience throughout the book, which adds character and humility to the writing along with a good dose of inspiration.</p> <p>Each chapter ends with an action plan that is easy to follow and implement right away, complete with specific actionable steps. <strong>Chris provides the practical tools required for moving forward; I enjoy the personal testimonials of online products and services he uses and how he uses them (sometimes unconventionally) for his benefit.</strong> It has already helped me to better monetize my own online streams of income.</p> <p>This e-book is not a roadmap to instantaneous riches, as many e-books of this nature tend to try to be. Chris is realistic about the amount of work required to start and maintain a business of any sort, and makes no bones about it to the reader. <strong>If you want to start an online business to generate some extra income (and maybe escape the conventional 9-5 working life), then <a href="http://unconventionalguides.com/cmd.php?Clk=3597206" target="_blank">The Unconventional Guide to Working for Yourself</a> is a great launching pad.</strong></p> <p><a href="http://unconventionalguides.com/cmd.php?Clk=3597206" target="_blank"><strong>The Unconventional Guide to Working for Yourself</strong></a></p> <p><strong>E-Book Length</strong>: 54 pages</p> <p><strong>Bonuses:</strong> 3 audio MP3 teaching sessions (25 minutes each), a 26 page guide to Search Engine Optimization (SEO), plus free email updates to the guide as new information becomes available.</p> <p><strong>Cost:</strong> $58 US</p> <h2>How to Make Money With Your Travel Blog<img align="right" src="http://wisebread.killeracesmedia.netdna-cdn.com/files/fruganomics/u290/makemoneytravelblogbanner2.jpg" alt="" /></h2> <p>The author of this e-book, Matt Kepnes, may be better known as <a href="http://www.nomadicmatt.com">Nomadic Matt</a>; a 20-something traveler who has been on the road full-time since 2006. He started a travel blog (like just about every other traveler on the planet), and expected to be making money hand over fist before long with his tales of adventure.</p> <p>It didn&rsquo;t happen.</p> <p>After sifting through many of the &ldquo;make money online&rdquo; courses, Matt learned through trial and error how to make their internet marketing strategies applicable to blogs (which are different from static web sites), more specifically &mdash; travel blogs.</p> <p><strong>Now, he makes over $3,000 US/month with his travel blogs and web sites.</strong> And if you recall what <a href="http://www.wisebread.com/the-cost-of-full-time-travel">the cost of full-time travel</a> is, you&rsquo;ll know that this sort of income is more than enough to pave the way quite nicely.</p> <p><strong><a href="https://www.e-junkie.com/ecom/gb.php?ii=1195639&amp;c=ib&amp;aff=21326&amp;cl=63168">How to Make Money With Your Travel Blog</a> teaches you how to create a money-making travel blog, from conceptualization to monetization.</strong> The e-book is very specific about how to do it, providing precise instructions for each step along the way.</p> <h3>Who this e-book is for</h3> <ul> <li>You want to start a blog that will make you money, or already have a blog that you want to monetize.</li> <li>You understand the basic principles of blog management and know what SEO stands for(!), but you don&rsquo;t know exactly where to start or how to put it all together.</li> <li>You are interested in the travel industry.</li> <li>You want extra income on the side.</li> </ul> <p>Although the e-book is very travel-centric, many of the principles taught in this guide could apply to any blog. However <strong>Matt is very connected within the travel genre, and one of the benefits he offers his e-book readers is access to advertisers and other travel-friendly SEO tips.</strong></p> <h3><strong>A random selection the interesting things I read about in the book include:</strong></h3> <ul> <li>Specific Wordpress themes and plugins that are suggested to maximize SEO</li> <li>Various techniques for attracting new traffic, along with an evaluation of the efficiency and effectiveness of each technique</li> <li>The finer nuances of Stumble Upon (although I have been a Stumbler in days past, I only now realize I haven&rsquo;t even begun to maximize its potential)</li> <li>How to find advertisers of all shapes and sizes</li> <li>A huge number of services and systems that you can use to get links to your site (henceforth: pagerank, henceforth: popularity, henceforth: advertisers, henceforth: money!)</li> </ul> <p>Of the six sections of the e-book (<em>Setting up Your Blog, Creating Your Blog, Increasing Traffic, SEO Tips, Monetization, and Putting it All Together</em>), the one entitled Search Engine Optimization Tips is the beefiest and jam-packed with specific resources to help you promote and evaluate the effectiveness of your blog.</p> <p>If you aren&rsquo;t interested in learning all Matt&rsquo;s lessons by trial and error, then <a href="https://www.e-junkie.com/ecom/gb.php?ii=1195639&amp;c=ib&amp;aff=21326&amp;cl=63168">How to Make Money With Your Travel Blog</a> will help launch you well beyond the learning curve. Had this e-book been around when I started <a href="http://www.theprofessionalhobo.com">my own travel blog</a>, I might not have had to reinvent the wheel as many times as I did.</p> <p><strong><a href="https://www.e-junkie.com/ecom/gb.php?ii=1195639&amp;c=ib&amp;aff=21326&amp;cl=63168" target="_blank">How to Make Money With Your Travel Blog</a></strong></p> <p><strong>E-Book Length:</strong> 37 pages</p> <p><strong>Bonuses:</strong> The author will tap you into his private link networks to generate SEO-friendly traffic to your blog. He also has a list of advertisers looking to place ads on travel blogs, and by purchasing this e-book you will gain access to these advertisers.</p> <p><strong>Cost:</strong> $37 US</p> <h2>X Marks the Spot: The Indispensable Guide to Living and Working from Anywhere You Choose (2nd Edition)<img align="right" src="http://wisebread.killeracesmedia.netdna-cdn.com/files/fruganomics/u290/X_marks_the_Spot_banner.jpg" alt="" /></h2> <p>Lea Woodward and her husband Jonathan have been living a <a href="http://www.locationindependent.com">location independent</a> lifestyle since 2007. In that time they have stayed in various destinations around the world for a few months in each place, and <strong>can prove that traveling the world with a location independent career can actually be less expensive than staying home and working the traditional 9-5 career.</strong></p> <p><strong><a href="https://www.e-junkie.com/ecom/gb.php?ii=274532&amp;c=ib&amp;aff=21326&amp;cl=9994">X Marks the Spot</a> is a guide to living <a href="http://www.wisebread.com/location-independent-career-basics">location independently</a>, from taking the initial plunge, to organizing the logistics along the way, to finding and developing a location independent career.</strong> Both the intangible emotions as well as the concrete logistics of becoming/being location independent are balanced throughout the e-book &mdash; since such a lifestyle change entails a lot of emotional groundwork.</p> <h3>Who this e-book is for</h3> <ul> <li>You are considering &mdash; or are creating &mdash; a location independent career and lifestyle..</li> <li>You want to know if being location independent is for you.</li> <li>You need help with the logistics of living location independently.</li> <li>You want to understand the cost of living abroad.</li> <li>You need a location independent business idea.</li> </ul> <p>I already live location independently, and I still found this book useful and inspirational. Lea provides <strong>dozens of useful resources with regards to ongoing business management and administration</strong>, including some that particularly intrigued me (and helped me realize that being location independent doesn&rsquo;t have to be difficult):</p> <ul> <li>Global wireless internet service</li> <li>Online faxing service</li> <li>How to search for suitable accommodation from abroad</li> <li>Remote mailing/scanning services</li> </ul> <p>With brutal honesty, Lea shares her victories as well as her mistakes. <strong>She outlines their exact finances for each place they lived in, and compares them directly to the cost of living in the UK and other western countries.</strong> She encourages you to ask some tough questions of yourself to determine where you might want to live, and helps you through the process of becoming nomadic with sage advice on everything from luggage to immigration.</p> <p><strong>This book is less about the sheer mechanics of making money, and more about how to make money with a location independent lifestyle.</strong> If you have made the decision to become location independent, or want to know more about it, then <a href="https://www.e-junkie.com/ecom/gb.php?ii=274532&amp;c=ib&amp;aff=21326&amp;cl=9994">X Marks the Spot</a> will be the book for you.</p> <p><strong><a href="https://www.e-junkie.com/ecom/gb.php?ii=274532&amp;c=ib&amp;aff=21326&amp;cl=9994">X Marks the Spot: The Indispensable Guide to Living and Working from Anywhere You Choose</a></strong></p> <p><strong>E-Book Length:</strong> 82 pages</p> <p><strong>Bonuses:</strong> You can order both the 1st edition and 2nd editions for the same price as just the 2nd edition. (The 1st edition contains much more of Lea&rsquo;s personal journey to becoming location independent, which may be quite appealing to some people).</p> <p><strong>Cost:</strong> &pound;15 (approx $25 US)</p> <blockquote><p><em>&ldquo;Some people feel like a &ldquo;real job&rdquo; is their security against the economy. Entrepreneurs know the opposite: their competence is their security.&rdquo;</em> &mdash; quote from The Unconventional Guide to Working for Yourself</p> </blockquote> <p><em>Review Disclaimer: I received these e-books free for review, and the post includes affiliate links.</em></p> <h2 style="text-align: center;">Like this article? Pin it!</h2> <p>&nbsp;</p> <p style="text-align: center;"><a href="//www.pinterest.com/pin/create/button/?url=http%3A%2F%2Fwww.wisebread.com%2Fthree-e-books-to-help-you-make-money-travel-and-change-your-life&amp;media=http%3A%2F%2Fwww.wisebread.com%2Ffiles%2Ffruganomics%2Fu5180%2FThree%20E-Books%20to%20Help%20You%20Make%20Money%2C%20Travel%2C%20and%20Change%20Your%20Life.jpg&amp;description=Three%20E-Books%20to%20Help%20You%20Make%20Money%2C%20Travel%2C%20and%20Change%20Your%20Life" data-pin-do="buttonPin" data-pin-config="above" data-pin-color="red" data-pin-height="28"><img src="//assets.pinterest.com/images/pidgets/pinit_fg_en_rect_red_28.png" alt="" /></a> </p> <!-- Please call pinit.js only once per page --><!-- Please call pinit.js only once per page --><script type="text/javascript" async defer src="//assets.pinterest.com/js/pinit.js"></script></p> <p style="text-align: center;">&nbsp;<img src="http://wisebread.killeracesmedia.netdna-cdn.com/files/fruganomics/u5180/Three%20E-Books%20to%20Help%20You%20Make%20Money%2C%20Travel%2C%20and%20Change%20Your%20Life.jpg" alt="Three E-Books to Help You Make Money, Travel, and Change Your Life" width="250" height="374" /></p> <br /><div id="custom_wisebread_footer"><div id="rss_tagline">This article is from <a href="http://www.wisebread.com/nora-dunn">Nora Dunn</a> of <a href="http://www.wisebread.com/three-e-books-to-help-you-make-money-travel-and-change-your-life">Wise Bread</a>, an award-winning personal finance and <a href="http://www.wisebread.com/credit-cards">credit card comparison</a> website. Read more great articles from Wise Bread:</div><div class="view view-similarterms view-id-similarterms view-display-id-block_2 view-dom-id-7"> <div class="view-content"> <div class="item-list"> <ul> <li class="views-row views-row-1 views-row-odd views-row-first"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/is-six-figures-really-that-much">Is Six Figures Really That Much?</a></span> </div> </li> <li class="views-row views-row-2 views-row-even"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/the-secret-really-does-have-a-secret-or-ten-tenets-for-arranging-your-rich-part-3">The Secret Really Does Have A Secret (or Ten Tenets for Arranging Your Rich - Part 3)</a></span> </div> </li> <li class="views-row views-row-3 views-row-odd"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/ten-tenets-for-arranging-your-rich-part-1-rich-is-relative">Ten Tenets for &quot;Arranging Your Rich&quot; - Part 1: Rich is Relative</a></span> </div> </li> <li class="views-row views-row-4 views-row-even"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/how-to-travel-full-time-for-17000-a-year-or-less">How to Travel Full-Time for $17,000 a Year (or Less!)</a></span> </div> </li> <li class="views-row views-row-5 views-row-odd views-row-last"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/volunteer-to-travel-11-opportunities-for-free-or-very-cheap-travel">Volunteer to Travel: 11 Opportunities for Free or Very Cheap Travel</a></span> </div> </li> </ul> </div> </div> </div> </div><br/></br> Career and Income Lifestyle Travel e-books location independent Making Extra Cash online income Wed, 14 Oct 2009 14:00:03 +0000 Nora Dunn 3707 at http://www.wisebread.com Location Independent Career Basics http://www.wisebread.com/location-independent-career-basics <div class="field field-type-filefield field-field-blog-image"> <div class="field-items"> <div class="field-item odd"> <a href="/location-independent-career-basics" class="imagecache imagecache-250w imagecache-linked imagecache-250w_linked"><img src="http://wisebread.killeracesmedia.netdna-cdn.com/files/fruganomics/imagecache/250w/blog-images/location independent.JPG" alt="location independent tools" title="location independent tools" class="imagecache imagecache-250w" width="250" height="188" /></a> </div> </div> </div> <p>Would you like to have the ability to work from anywhere you wish? The backyard? The café down the street? Your bedroom? Or even <a href="http://www.iwillteachyoutoberich.com/blog/cheap-travel/" target="_blank">on the road</a>&hellip;a tropical island somewhere, perhaps?</p> <p>A location independent career is your ticket to workplace freedom. More and more people are striving for this freedom themselves. We&rsquo;ll look at the basic qualities (good and bad) of a location independent career, and in so doing, you may come up with a few ways to make your own career location independent.</p> <h2>What is Location Independent?</h2> <p>As it sounds, location independent refers to a career that does not require your presence in any one place for your job to be done. You may still opt to attend meetings or networking events here and there, but for the most part you are free from any geographical commitments.</p> <h2>The Basics &ndash; How it&rsquo;s Possible</h2> <p>Location <st1:city><st1:place>independence</st1:place></st1:city> is enabled by technology. Without telephones and cell phones, the Internet, virtual offices and conference functions, scanners, faxes, and express postal services, most location independent careers would not be possible.</p> <p>So although you don&rsquo;t need to be a technological wizard with an ability to speak three different computer languages, you will need a basic understanding of computers, the Internet, and the various modalities of communicating.</p> <p>Many location independent careers do indeed require a high level of proficiency in all things Internet, but this is not always the case. As you will see further on, there are many people out there who have the ability to be location independent; some may not even know it!</p> <h2>Advantages of a Location Independent Career</h2> <ul> <li>You save money, time, and resources since you don&rsquo;t have to <a href="http://www.wisebread.com/car-sharing-why-own-when-you-can-just-share" target="_blank">commute to work</a>.</li> <li>It&rsquo;s more casual. Most location independent people don&rsquo;t wear suits. Heck &ndash; you can work in your PJs if you want to (just turn the video off on those conference calls).</li> <li>You make your own hours. Are you a night owl? Then feel free to work until <st1:time minute="0" hour="3">3am</st1:time>. Would you prefer to take time off in the afternoon to be with your kids? Go ahead; you&rsquo;ll make up the time when you need to.</li> <li>You can explore the world slowly with <a target="_blank" href="http://www.iwillteachyoutoberich.com/blog/cheap-travel/">long-term travel</a>, since you can work from the road.</li> </ul> <h2>Disadvantages of a Location Independent Career</h2> <ul> <li>You must be very self-disciplined. Rarely is anybody holding you accountable.</li> <li>It is easy to become distracted if you work from home. You can potter around the house all day in the name of &ldquo;working&rdquo; without actually getting any work done.</li> <li>It can be very lonely. Depending on your line of work and the degree of social contact that it entails, location independent careers can be a touch lonesome. Sometimes office banter is refreshing.</li> <li>It can be easy to lose yourself in your work and be at the grindstone for longer hours than you should be. (Again, this is a matter of self-discipline).</li> </ul> <h2>Three Types of Location Independent Careers</h2> <p>Location independent careers tend to fall under three main categories: entrepreneurs, freelancers, and telecommuters.</p> <h3><strong>Entrepreneurs</strong></h3> <p>As an <a target="_blank" href="http://blogs.openforum.com/2009/05/11/four-common-mistakes-to-avoid-in-running-your-small-business">entrepreneur</a>, you are your own boss, and have complete freedom to call the shots. But simply being an entrepreneur does not give you a ticket to location independence; many industries or business structures require your physical presence.</p> <p>Where entrepreneurialism enters into the location independent realm is in the entrepreneur&rsquo;s intrinsic ability to see (and act on) business opportunities and market needs. <strong>Successful location independent entrepreneurs tend to be inventors of items or technology, import/exporters, or pioneers of business ideas that can be marketed virtually.</strong></p> <h3><strong>Freelancers</strong></h3> <p>Any location independent career involves a degree of organization and self motivation; qualities which most entrepreneurs and freelancers share. Where freelancers differentiate themselves from entrepreneurs is in the nature of their work and who they work for. Freelancers usually juggle projects for multiple clients, and in the location independent business, frequently work across different industries.</p> <p>I have met any number of location independent freelancers who wear multiple hats, such as online marketing, PR, writing and copywriting, business strategizing, virtual assistance, and publishing. Many will package up their repertoire as &ldquo;business services&rdquo; and take whatever work comes their way, outsourcing what they cannot do themselves.</p> <p>I am location independent myself, and although I boast a mean entrepreneurial streak, I am solidly planted in the freelance category, with multiple clients and publications that I write for in the realm of personal finance and travel.</p> <h3><strong>Telecommuters</strong></h3> <p>Rounding out the spread of location independent career categories is the telecommuter. This is somebody who (usually) works for one boss or company, but has the flexibility to work from home (or anywhere that has the technology available for the telecommuter to keep in touch with the office).</p> <p>Some companies are incorporating &ldquo;flex hours&rdquo; into their <a href="http://blogs.openforum.com/2009/06/22/tax-free-employee-benefits/" target="_blank">employee incentive programs</a>, which allow employees to do some of their work from home. It saves the company paying for dedicated office space for all employees, in addition to the advantages of location independent careers, listed above.</p> <p>As more and more companies look into <a href="http://www.wisebread.com/outsourcing-your-life-and-creating-new-businesses" target="_blank">outsourcing</a> to reduce their expenses and increase productivity, I believe that telecommuting will become even more prevalent. In fact, the gap between telecommuting and freelancing is easy to bridge; if your company cuts your hours or responsibilities as a result of these <a href="http://blogs.openforum.com/2009/05/11/how-your-small-business-can-survive-the-recession/" target="_blank">hard financial times</a>, you might complement your work with another part-time telecommuting job, and whamo: you are a location independent freelancer before you know it.</p> <p>And just in case you still think that location independence is solely for computer geniuses, here are a handful of wacky location independent careers that I&rsquo;ve come across in the last week alone:</p> <ul> <li>Jewelery Designer</li> <li>Hand Analyst</li> <li>Professional Barterer</li> <li>Coach (this encompasses a lot, since you can coach within many areas of specialty)</li> <li>Lawyer</li> <li>Industrial Designer</li> <li>Voice-Over Artist</li> <li>Airport Services</li> <li>Game Designer</li> <li><a href="http://www.wisebread.com/9-signs-you-need-to-fire-your-financial-planner" target="_blank">Financial Planner</a><o:p></o:p></li> <li>Sales</li> </ul> <p>If you have a pressing desire to embrace a location independent lifestyle but aren&rsquo;t sure where to start, there are plenty of online resources for you to check out. For starters, you may want to take a peek at the Web Site whose address says it all: <a href="http://www.locationindependent.com/" target="_blank">locationindependent.com</a>.</p> <p>&nbsp;</p> <br /><div id="custom_wisebread_footer"><div id="rss_tagline">This article is from <a href="http://www.wisebread.com/nora-dunn">Nora Dunn</a> of <a href="http://www.wisebread.com/location-independent-career-basics">Wise Bread</a>, an award-winning personal finance and <a href="http://www.wisebread.com/credit-cards">credit card comparison</a> website. Read more great articles from Wise Bread:</div><div class="view view-similarterms view-id-similarterms view-display-id-block_2 view-dom-id-2"> <div class="view-content"> <div class="item-list"> <ul> <li class="views-row views-row-1 views-row-odd views-row-first"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/my-2016-budget-challenge-does-taking-a-regular-day-job-mean-giving-up">My 2016 Budget Challenge: Does Taking a Regular Day Job Mean Giving Up?</a></span> </div> </li> <li class="views-row views-row-2 views-row-even"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/how-to-work-at-home-without-driving-your-spouse-nuts">How to Work at Home Without Driving Your Spouse Nuts</a></span> </div> </li> <li class="views-row views-row-3 views-row-odd"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/how-to-get-work-experience-without-having-a-job">How to Get Work Experience Without Having a Job</a></span> </div> </li> <li class="views-row views-row-4 views-row-even"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/meet-meg-favreau-our-senior-editor">Meet Meg Favreau, Our Senior Editor</a></span> </div> </li> <li class="views-row views-row-5 views-row-odd views-row-last"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/three-paths-to-being-a-digital-nomad">Three paths to being a digital nomad</a></span> </div> </li> </ul> </div> </div> </div> </div><br/></br> Career and Income entrepreneurs freelancing location independent online business telecommuting Fri, 17 Jul 2009 17:00:03 +0000 Nora Dunn 3394 at http://www.wisebread.com