Passive income, by far, is the most important financial tool that will afford you the freedom to not only receive income automatically, every single month, without fail, but it'll also give you the means to have a flexible schedule to spend time with your family and children or wander the world as a digital nomad, choosing to work when you please, on your own schedule.
If you're one of those that dream of the nomadic lifestyle, you're not alone. But achieving the ability to set out a long-term trip in a far-off land while working as a digital nomad is no easy feat. Unless you're financially free and are completely living off passive income right now, you'll need to find a way to make ends meet. The good news? While becoming a digital nomad might seem out of reach to most, it's actually a rather straightforward goal to accomplish.
I know some business owners that have had great success on Pinterest. You’ll want to make sure you have good visuals to go with each blog post – infographics are great for this – and make sure you’re posting at least 10 unique pins for every blog. Most importantly, Pinterest is a community just like any other social media, so make sure you’re active regularly, connecting with others in your niche, and re-pinning others’ pins.
To many, it sounds an attractive but also frightening endeavor that requires they put far too much on the line. What if you can't afford to pay your expenses? What if you run out of money while in some foreign country? What if your wallet or computer or phone is stolen? How do you avoid all the potential pitfalls associated with being a digital nomad?
So by February of 2020 I'll have 15k saved up. My plan is to spend February through May in Mexico. This whole time I will be focusing on a few websites I'd like to build, learning Spanish, and surfing. And I'll do a little exploring on the weekends. From May to November I want to be in SE Asia (Bali and Thailand most likely). Here I'll be continuing web development, learning a new language and surfing. And of course some exploring when time permits.
How do you sell high end art
Once you’ve figured out what skills you have that will enable you to work remotely, you need to find a job. Arguably the easiest way to do this is to scour remote specific job sites. Luckily, there are now tons of sites online like We Work Remotely and RemoteOk that post only jobs that are remote or location independent. Check out UpWork, formerly known as ODesk, to find freelance gigs for everything from virtual assistants and photographers to accountants and consultants.
But let’s say that you want at least 100 people to purchase from your sales funnel. You can work backwards to see how many people you need at each point along the funnel. If you want 100 sales, you would need 250 people to end up on your landing page (100 divided by 0.40). In order to get 250 people on your landing, your social media ad needs to target 1,250 consumers (250 divided by 0.20).