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Digital Nomad Guide

How Do Digital Nomads Make Money Online?

If you want to become a digital nomad with the freedom to travel whenever and wherever you want, then you are going to need a way to make money that doesn’t tie you to one specific location.

By definition, digital nomads make money by working online, usually from a laptop computer. But just because digital nomads work online doesn’t mean that they are all doing the same thing. 

There is a common stereotype that all digital nomads are computer programmers. In reality, there are many different ways to make money online and types of jobs that you can do as a digital nomad…

Entrepreneur

One way to make money as a digital nomad is to by running your own business. I have started a few businesses myself and also worked with many business owners over the years. In fact, I’ve spent most of my career so far working with startups and small businesses to grow their businesses, and I encourage anyone who wants to start a business to go for it… 

But I also caution them (and you) that starting a business is a lot of work and it comes with certain risks. It’s rare for a business to make money in the beginning. Most businesses take time and money to get going. Make sure you factor that in, especially if your goal is to find a way to become a digital nomad as soon as possible.

Freelancer

Another way to make money as a digital nomad is by doing freelance work for clients. Many of the digital nomads that I have met are freelancers. They do things like software and mobile app development, UX / design, social media marketing and management, online advertising, copywriting, search engine optimization, accounting, and writing. In fact, for just about any type of job that can be done from a computer, you can find digital nomads that are doing it as freelancers. 

Freelancers have more freedom than employees. They can set their own rates and usually their own hours too. But that freedom comes with more responsibility — freelancers have to find work. Some digital nomad freelancers act more like employees, doing all of their work for one or two main clients. Others sell their services to many clients, often on freelance marketplaces online. 

Employee

The third option, and one that I think is often overlooked by people who want to become digital nomads, is to find a job that lets you work remotely as an employee. More and more companies are embracing remote work and allowing their employees to work from wherever they want to. Some companies are fully remote and have no office at all. 

There are definite advantages that come with being an employee. Once you have the job, you usually don’t have to “sell yourself” over and over again. As an employee, you get to wake up in the morning knowing who you work for, what kind of work you need to do, and how much money you will make for doing it. The same cannot always be said for freelancers and entrepreneurs. Depending on the job, you may get additional benefits like health insurance, paid time off, and parental leave too.

If this sounds like a good fit for you, then check out this free guide to find a real remote job.

What if you never had to go to work again?

Office Escape Plan is my program for people who want to break free from the daily grind of commuting to a cubicle and start living life on their terms instead. Join me and I will walk you through a step-by-step process for creating your very own Office Escape Plan. In this course, we will cover:

  • The most important thing you must do to escape
  • What a successful Office Escape Plan looks like
  • The best careers for digital nomads and remote workers
  • How to convert a “stuck-at-the-office job” into a remote job
  • How to find a new remote job that you can do from home… anywhere in the world
  • How to quit your job and triple your hourly pay
  • Turning your plan into reality: How to take action and make it happen

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