Those working away from the office were once called freelancers or remote workers. But now, remote work is becoming more common and there are a lot of such people leading to a separate term being coined — digital nomad. These are people who work outside the office and live on travel from anywhere in the world. How do digital nomads manage a business from anywhere?
Digital nomads do not travel like tourists; they live for several months or years in different parts of the world. tourists manage to rush through the main sights of the country, but do not feel the atmosphere, or have time to find out how ordinary people live there. Digital nomads can do business from anywhere in the world and manage to experience the destinations they habit and absorb more of the country.
If you decide to become a digital nomad and do business from anywhere globally, then first of all, before leaving, put all your work online and discuss the specifics of further communication with the team. Set up a test period: for example, stay out of the office for a week — so the team can get used to your absence. Your subordinates must solve most of the work issues without you — for this, draw up the necessary notarial powers of attorney, after which you can go with peace of mind.
Minimize the amount of travel stuff you plan to bring. There are some things that cannot be thrown away: a laptop, a favorite sweatshirt, a camera. But cosmetics, medicines, flip flops, or a towel are cheaper and easier to buy in every country than to pay extra for luggage on regular flights.
It is better to determine the place of residence in the country of your choice with the help of other digital nomads. The reviews of ordinary business travelers should not guide you — they may ignore poor communication in the city, weak infrastructure, and other important nuances. If you want to be a digital nomad, then get to know other digital nomads.
The fact is that online business management differs from traditional business management: different formats, tools, and communication methods are used. How do you measure the effectiveness of remote working? The task is to select programs for managing employees remotely and set everything up so as not to feel any discomfort.
Choosing online platforms that allow companies to register and manage companies online, such as Air Corporate, makes it easy and convenient for nomads to do business. Using teleworking tools is one of the criteria that digital nomads use to make decisions. Tools are part of business processes, and their assessment helps to understand whether the project can be managed remotely.
To be a digital nomad and enjoy it, it’s worth sticking to a schedule. Life outside the system is a beautiful illusion. Yes, we are free to choose when to run a business and days off, but living without a schedule and working whenever we want is inefficient. Determine what part of the day you are doing work. Synchronize your work schedule with your team, and strive to achieve consistency in remote and in-house processes.
Repetitive activities (such as practicing, reading books, or 15 minutes of cramming Spanish words every day) are essential for personal growth – otherwise, you won’t make progress. Create a routine for yourself, a sequence of actions that will positively affect you and your well-being. And do it despite changing locations or time zones. The same can be organized in work: to check all reports and then to do other things. This will help you tune in for productivity, even if you are surrounded by the ocean, sun, and palm trees.
Cafes, coworking spaces, in the shade of the nearby park trees, or on the terrace of your apartment – there are many options for doing business. As a remote project manager, divide your places into tasks or time intervals.
For example, in the morning, you work at home, at lunchtime – in a cafe (to have a snack at the same time), and in the evening – on the street, grabbing your favorite matcha latte.
Run the company fast: meetings and negotiations are no longer tied to the office and leave a lot of time for family and fun (not to mention seeing the world). Combine business and long trips! This is exactly what digital nomads do – entrepreneurs who do business from all over the world, never return to their office.
In-office work, there is the most crucial advantage — the team’s physical presence, and in remote work you are alone with your laptop. You will have to learn to effectively lead a virtual team now. To stay on the professional path, look for those who have chosen the same lifestyle as you: exchange life hacks and news, run productivity marathons, and remind each other of the rest.
Thanks for the information. I recommended if you decide to become a digital nomad and do business from anywhere globally, it is good to consider starting a business in Hong Kong. It is one of the best places to start a business. Hong Kong’s elite business foundation has made the region’s stability known to both entrepreneurs and investors, making it one of Asia’s most popular business hubs and one of the best places in the world to start a business. They have a strategic location, a two-tier tax system where there are no withholding taxes, capital gains taxes, business levies, or import taxes in the region, they have an easy bank account opening, and what I love is that they have quick company formation. Thus, incorporating and register company in Hong Kong is easy.
If you are a digital nomad who manage business from different place or country, it is also great thing to open bank account online so you can manage well the cash flow of your business and keep track of your expenses while you are on a travel. I believe this can contribute to the success of your business.