Confused Matthew

How Digital Nomads Actually Earn Their Remote Income

So, for those of you who live under a rock and who don’t know what a digital nomad is by now, a digital nomad is someone who by virtue of being able to generate an income remotely, chooses to travel and effectively earn their money from anywhere where they can work via the internet. Now I’ve already fallen into the trap of suggesting that a digital nomad spends their working time actually working, i.e. typing away at their laptop or perhaps doing anything else which essentially has them exchanging their time for money.

While that probably typifies the stereotype of a so-called digital nomad, that is indeed what this post is about. It’s about the different types of digital nomads, who earn their money in different ways, albeit all of them do indeed earn it remotely. The freelancer or contract worker as described above falls into one of the two main groups of the different types of digital nomads, which will be further broken down to explore in a little greater detail.

So there two main types of digital nomads, which are those who run businesses remotely (usually an online business) and those who work remotely.

Running an online business

Those digital nomads who run an online business are perhaps in a better position thans those who operate as freelancers, simply because what this suggests is that they have a little bit more time off to enjoy the destinations they find themselves in than someone who is selling their time for remuneration. There are many different types of online businesses which are actually legitimate and can therefore sustain their operation over years, such as SEO agencies, e-commerce establishments and even consultancy businesses which essentially hire freelancers and other remote workers on a contract basis.

Working remotely

By now I guess it has become clear as to what entails working remotely as a digital nomad, but to get into some specifics about what they actually do, you have the likes of freelance content writers or copywriters who get paid by the word or by the hour for the content they churn out and submit electronically. All manner of professionals can also fall under this category and it’s not necessarily those who have some kind of technical background like programmers and the likes.

You can do consultations as a legal professional, for instance, or even give counselling sessions as a professional such as a psychologist.

Many remote-working digital nomads teach language, particularly English!

Living off of earnings from investments

As a digital nomad this is probably the category under which you want to find yourself. If you’re not working towards living off of passive earnings then perhaps now is the time to re-evaluate your trajectory as a digital nomad.

Imagine something like owning a backpacker’s hostel in the like of the one you might be working out of as something like a freelance writer, which would perhaps be located in your home country and all you really do for “work” is check on bookings and collaborate with your manager(s).



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