Airbnb co-founder and CEO, Brian Chesky, tweeted: “Starting today, I’m living on Airbnb. I’ll be staying in a different town or city every couple weeks.”
As longtime readers know, this is something that I started doing in 2012. Since then, I’ve lived in Airbnbs (as well as other short-term rental apartments and the occasional hotel room) in hundreds of cities across 50 countries.
What is it like becoming a digital nomad these days?
Over the past year, Justin Gary ditched his office, moved out of his apartment, and got rid of his car to become a digital nomad. Now Justin runs his businesses while traveling and living around the world.
Justin Gary is an award-winning game designer and entrepreneur.
He started his career in gaming at the age of seventeen when he won the Magic: The Gathering US National Championships. Justin then escaped from NYU Law School to pursue his dream of becoming a professional game designer (we discussed Justin’s journey in a previous interview on Never Normal).
He’s since made games for global brands including Marvel, DC, World of Warcraft, and Bakugan. In 2010, Justin founded his own publishing company, Stone Blade Entertainment and released the hit deck-building game, Ascension.
Justin has also taught creativity principles at the Wharton School of Business and to companies including Twitter, Zillow, and Google.
Earlier this year, Justin and I launched Quality Questions together, where we collect and send questions that help you apply the key lessons from self improvement books and lectures to your own life.
In academia, tenured is shorthand for “unfireable.” In this case, Sam is pointing out that there is now a big group of young and very smart people who have made enough money in the last few years (thanks to building or betting on crypto) that never need to work again.
That gives them the freedom to work on whatever they want to, without worrying about pleasing a boss, hitting quarterly numbers, or needing to make a profit ever.
When I read the phrase self-tenured, the first person who comes to mind is Elon Musk. The story goes that after Elon netted $180 million from selling PayPal to eBay, he invested $100 million in SpaceX, $70 million in Tesla, $10 million in SolarCity, and had to borrow money to pay his rent.
Looking back with the benefit of hindsight, you might say that those were obvious/easy investments to make, but at the time, they were anything but.
I wonder what interesting things will the new self-tenured generation will build?
Which Should You Choose? Advice from a Billionaire…
You could read the two sections above as somewhat conflicting advice about work and wealth.
One is saying, “don’t waste your life working too hard, just earn enough to live well” and the other is saying, “if you make enough money early on, you can spend the rest of your life doing whatever you want.”
So which should you choose?
Enter Ray Dalio (billionaire and head of the world’s largest hedge fund).
In his best-selling book, Principles, Ray encourages us to, “figure out how you can have as much of both as possible”:
How can we apply that logic here? In this case, choosing both means:
Tom Hirst consistently earns over $100,000 / year, even though he’s never had proper job. Tom’s found success as a freelance WordPress developer, working on projects for the likes of England’s National Health Service, sportswear brand Umbro, and Facebook.
Tom also writes about the business of freelancing and mentors other freelancers. Tom is the author of two eBooks: 10 Steps To Becoming A Better Freelancer and Pricing Freelance Projects, and the creator of the video course, The Personal Website Playbook.
Niall Doherty left his last office job in 2011 and set off on a mission to travel the world while making money online. Since then he’s been to over 50 countries, written a couple of books, and started several businesses. His website, eBizFacts is the best place to find information, reviews, and a much more to about making money online.
Taren Gesell, better known as Triathlon Taren, is a former financial advisor based in Winnipeg, Canada. Not exactly a stereotypical social media influencer (aside from his fondness for posting photos and videos in skimpy bathing suits). But over the past few years Taren has amassed something of a cult following of “Traniacs” (as his devotees are known). In this episode we discuss how Taren managed to turn his passion for triathlon into a successful business via social media.