Description

Sitting in on the beach with your toes in the sand, sipping a Mai-Tai and coding the next ground breaking app. Does that sounds too good to be true? Well, that’s because it usually is.

Search #digitalnomad on social media and you will see an onslaught of pictures with people in all kinds of strange positions with their laptops in locations that would be pretty inappropriate to concentrate on any kind of serious task.

That does not mean that it is all smoke an mirrors however. There was a very interesting Harvard Study done about the reality of the self-proclaimed digital nomads, the results of which were written about in an article entitled Globetrotting Digital Nomads: The Future Of Work Or Too Good To Be True? I think it’s one of the best articles written on the topic. It turns out there are very few people who have staying power as a digital nomad.

So is being a digital nomad a viable long term path or a risky career gamble?

To answer that question Brian David Crane gave a talk entitled The Hidden Downsides of Being A Digital Nomad in which went over many of the unrealistic aspects of the digital nomad lifestyle. I thought it was well thought out and he made some interesting points to consider.

Three things that he says are essential in order to have staying power as a digital nomad are:

  1. A plan
  2. An in-demand skill
  3. Self-discipline

Some of the drawbacks that he points out are:

  • Undeveloped “Plate Discipline” which is knowing what to spend your time on once you are free from an office.
  • Lack of mentorship.
  • Your appearance can cause envy or perceptions that could jeopardize your career.
  • Lack of sustainable momentum.
  • Road fatigue.
  • Lack of stability.
  • An unhealthy mix of friendship and business.

However, that does not mean that working abroad is a bad option. He recommends to stop thinking of yourself as a nomad and more of an expat. Expats stay longer than a few months in at least one base where they have some kind of roots established.

After listening to this talk I realized that I am an expat and not a digital nomad, even though I have described myself as such in the past. This is a good realization because these bases could also be described as flags for which to apply PT Theory.

Much of what he recommends is similar to what I recommended in my recent video How to make money in Latin America.

At the end of the day the distinction may seem like we are splitting hairs but I think there are some important things to consider.

Please take a listen to my conversation with Brian David Crane on this topic, especially if you are thinking about taking the digital nomad plunge.

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  • I know that project ideas are a dime a dozen. They are useful only if someone takes them and executes a plan to make them a reality. The idea I’d like to share with you would require more skill, energy, and time than I alone could devote to it. So I’d like to get your feedback and measure the interest. Here it is. Since bitcoins can be paid in fractions (e.g., .0001 BTC) and since payment transactions carry little or no transaction fee, it is feasible to create a micropayment website for digital. As you also know, for most of history, artists were supported by patrons, not by property rights in copies of their works. Well, with bitcoin micropayments, nearly everyone can afford to be a patron of the arts, and they can reward the artist according to the value they perceive they got from the work (there are some songs I just cannot do without), and according to their own financial ability.I am convinced that if copyright was less restrictive, artists would benefit in ways that perhaps they cannot now envision. The idea is simple. Creators upload digital content to the site. They assign certain hashtags to it and post in one of several categories. Videos, music, photos, datasets for 3d printing, writing, art, advocacy and causes. Any content posted to the site is downloadable if a bitcoin tip of any amount is paid for it. The content can be played/viewed on site for free, but to download and copy, you need to tip the creator at least, say, .00001 BTC. Imagine a musician who posts a song in either audio or video or both. The more tips she earns, the higher she gets ranked. The higher he gets ranked, the more tips she receives. It’s a relatively frictionless way for a creator to get content to the end user and get paid for it in a way that could work in a filesharing world. So the concept is similar to twitter, instagram, tumblr, with hashtags that enable searching, but it also employs other performance ranking methods like the bitcoin tip data. Content creators are paid through a voluntary payment system. It’s sort of like crowdfunding in that regard. All content uploaded is royalty free and can be used for any purpose by anyone who gives a tip of any amount and downloads the content. Maybe you use a creative commons license to make sure nobody else claims it as their intellectual property. I really don’t think artists need the governments’ guns pointing at folks who copy their works. I think people would reward them anyway. Say someone uploads a dataset for a 3d printer to the site. Folks can tip him/her in increments that would be too small to pay via paypal, credit cards, etc. The transaction fees are too high. You could tip .0001BTC for a download and pay no transaction fee. Revenue for the site would come from advertising and/or by charging artists a small commission on their monthly or annual gross bitcoin tips. Creators could even assign a portion of their gross bitcoin receipts to be used in advertising on site to get featured ranking, ala Google or Facebook. Say you’re in Copenhagen, across the street from a building you’re curious about. Your phone alerts you that the 3d dataset for the building is available on gratuity2. You’re feeling generous so you tip .001BTC for the dataset. Back home, a 3d printer spits out a scaled down copy for your desk. Imagine that a kid in Latin America puts together a little music video with his phone. He uploads it to gratuity2.com and it goes viral. A million kids throughout the world tip him .00001 BTC. A small thumb drive he bought at the local market holds a free bitcoin wallet in it. The next time he plugs it into any internet device, bang, he has 1000 BTC in his wallet. Say an artist posts an original song and it goes viral. Fans around the world tip her because they love the song. The higher her ranking, the more BTC tips she receives. Now say some advertiser grabs the song and uses it in their commercial for something (let’s say shoes). The terms of the license require only that the creator get credit (Maybe her QR code for her bitcoin wallet is on screen in the corner for a few seconds). More people hear the song in the ads and decide to download it and tip her (confession – I bought a Lady Gaga song because I heard it in a car commercial and liked it). There is the potential for a frictionless, direct relationship between artist and fans. And no strong arm copyright police. No centralized power in the hands of a few media companies. Maybe it turns out that copyright law is not needed because it is clear that this system both rewards creators and is an incentive to innovate. I.P. need not be a political issue. If a system like this took off, copyright law could become irrelevant. It’s a pro voluntary payment system. That’s the idea in a nutshell. Maybe it would fit somehow within liberty.me. It’s actually pretty close to what liberty.me is already doing. I invite your feedback and any interest in collaborating to make something like this a reality.

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  • Hi All, If you haven’t yet heard of the Life Liberty Advocate program, you might like to check this out: https://lifelibertyadvocates.com/ They have a program where you can earn part-time and full-time income promoting the principles of liberty. I’ve listened to many of their materials and it is some of the best liberty education materials I’ve heard. Anyway, if you are looking for a way to be able to afford to devote more of your time to the cause of liberty, this may be a great opportunity for you. Cheers! Pat

    Jump to Discussion Post 25 replies
  • I’m an assistant teacher at a private elementary school. I have a B.A. in English and no teaching credential. I worked as a tutor and at an after school program before. Basically I have no work experience outside of education. Last week contracts for the 2016-17 school year were sent out and I did not get one. My principal spoke to me about it. She said that I was doing a great job and was one of the most efficient people she’s ever met. However, she said that I did not seem happy at work. She said that other people have a hard time getting to know me. I’ve basically lost all will to work since then. My head teacher thinks my contract will be renewed and she always speaks highly of me. She even said today that “Next year you can work on designing the social studies curriculum.” She knows that I did not get my contract in the mail (she asked) and she’s probably talked to the principal about it. I’m upset because I feel like I’ve worked so hard for the past 6 months, yet it’s likely that I will be fired just for not being social. Perhaps education is the wrong field for me. I think if I just quit now then I can still get a positive reference/recommendation from my employer. However, I have no other skills. I still have 6 months (my paychecks are spread out over 12 months but there’s only 3 more months of school) so it’s possible that I can re-train myself during that time. Any ideas of what I can do?

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  • Hi everyone, My partners and I recently opened an online store with liberty-oriented Tees and stickers — www.WryGuys.com — and we’re now exploring our options for marketing and promotion. To date, we’ve started Facebook, Instagram, and Twitter accounts, we’ve done some SEO work, and we’ve also run a handful of banner ads on Antiwar.com and the Libertarian Reddit. (We’re donating a portion of the profits to AW.com and the Future of Freedom Foundation.) My partners and I are exceedingly busy with other responsibilities — i.e., full-time jobs, grad school, families, etc. — so this venture is simply a fun side business for which we have limited time. However, we’re intent on success, and we hope to build a venture that 1) consistently covers its monthly expenses, and 2) provides a source of reliable funding for AW.com and the FFF. The Internet’s awash in opinions about marketing methods and techniques, and we’re newcomers in a notoriously competitive market segment (i.e., Tees and stickers). We want to ensure we’re making wise use of our limited time, so we’re looking for a knowledgeable, liberty-minded marketer with experience appealing to libertarians, AnCaps, Constitutionalists, and Voluntaryists. For now, we’re simply looking for an initial, strategic consultation, but if we find the right person, it could certainly develop into something more. QUESTION: Do you know of someone who fits the bill? If so, please post below, or drop me a line at info AT wryguys.com. Thanks, Scott …

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  • Idea Lab is a place to share and develop your entrepreneurial ideas.

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