I know a lot of people with location independent income streams and am always amazed at how diverse they are. The only constant is that we all rely upon our interests and strengths and somehow manage to monetize them.
Overall, I think there are seven truths you’ll need to embrace in order to develop an income stream that doesn’t rely on being in any one location.
1) Know that nothing will ever go according to plan
Never. Ever. No matter how carefully you plan, how many lists you make, how judiciously you’ve crossed every t and dotted every i, the end result won’t be what you first imagined. That is a basic fact of location independence.
That’s not to say you shouldn’t make those plans, cross those t’s and dot those i’s. Just know that, when all is said and done, things will have changed. Repeatedly. That’s OK – it’s all part of the game.
2) The universe will help you
It’s true. The universe really will conspire to help you out – but not a second before you need it. It’s almost like Harry Potter barging through the wall to Platform 9¾ – he needed to take a deep breath, trust it would happen, and go.
That’s exactly what you’ll need to do – just go, and know the universe will be there on the other side.
3) When at first you don’t succeed…
Notice I said when, rather than if? Because you will fail. And then fail again, but as the old adage says, try again. With each failure, you’ll learn a little bit more.
It’s easier said than done, but don’t look at those failures as failures, but rather learning opportunities. I know, I know – that’s as trite as they come, but it’s really true. Each time you blow it, you’ll know what doesn’t work and figuring out what doesn’t work is just as important as knowing what does.
4) Sometimes it takes desperation
It’s funny how it happens. You’re doing everything you need to be doing, but it’s not coming together – until you’re desperate. There’s something about that desperation stage that brings is all together.
I don’t know how it works, and I don’t know why, but I do know that sometimes it just won’t happen until you’ve exhausted all options and have no idea where to turn next. Then suddenly, as if by magic, it happens.
5) You can learn anything when you need to
There’s something about desperation that leads to learning. Quickly. When you need something – really need it – you’ll learn what you need.
You’re more capable than you thought you were. You have the ability to do way more than you’re doing now. When you are faced with the need to learn something, trust in your abilities to learn it and forge ahead. It’ll happen.
6) Know your why
Developing a location independent income stream is hard – just as hard as developing your current profession. It will take a lot of hard work and creativity to pull it off and, if you don’t truly know why you’re doing it, you’ll give up.
Define your why, know why you’re doing this, then keep pushing on.
7) Surround yourself with like-minded people
I can’t emphasize this enough. Being around other people who believe location independence is a) possible and b) a good thing is maybe the most empowering thing you can do. Interacting with people who see it as a perfectly normal lifestyle makes it seem… I dunno… normal?
If you’re constantly battling to swim against the current, you’ll get worn down and will be more likely to decide it’s not worth it. Being surrounded by others with the same goals and aspirations means you can all float downstream together.
Location independence is a great aspiration for many as it opens many doors. If you are committed to making it happen, you can do it. Persevere, and know it won’t be easy.