The rapid incline of the digital age does not seem to be slowing down anytime soon and many online entrepreneurs can be thankful for that. The internet has proven to be much more than just a virtual space where memes and funny cat videos are shared amongst relatives on Facebook – it is now a hub where budding careers in a variety of fields can take off. Whether you are a teacher, writer, animator, or just overall creator, your job can now be done from the comfort of your couch or during the adventure of living abroad, if you so choose.
Many young businessmen and businesswomen are taking advantage of this remote opportunity and opting to diverge off the traditional path of a 9-5 office job and onto one that will allow them to travel the world while still making a sufficient income and gaining valuable experience. While this life on the road may sound glamourous and easy for many people unaccustomed to the lifestyle, those living it understand that there is a lot more that goes into it than just plane tickets and packed suitcases.
No Traditional Office Space
The most significant change to undergo when becoming a digital nomad is from working in an office (or home office) to work from anywhere in the world. It could be from the back seat of a car or on an aeroplane – wherever it is, there is no longer the need for a specific physical office space. This is especially beneficial for a freelancer who has created an online company consisting of just themselves. They don’t have to worry about paying rent for an office or any physical storage space for their documents as everything is handled online.
This transition means a requirement for more digital security that can come in the form of a virtual data room. With a virtual data room, an individual working remotely for clients has a safe place to store important and confidential data that they want to ensure stays locked away while they are on the move. Not only does this legitimize their online business ventures, but also protects them against the threat of being hacked.
Paying taxes is just as tricky when you are a permanent resident of a country; it’s only trickier when someone embarks on a digital nomad lifestyle. The best way to really remain in control throughout the process is to keep records of every transaction so that when tax season rolls around, you have all the necessary documentation to avoid any oversights. This is another great reason to invest in a virtual data room since you will most likely need an accountant to look through all your confidential information while you are on the go.
It’s easy to fall into the habit of thinking you don’t need a work schedule now that you are a digital nomad. Maintaining some semblance of a routine that helps you manage your time is vital as you acclimate your new lifestyle on the road. No matter what your job is, there will be work that needs to get done and that won’t happen if there isn’t any time set aside to just sit down and work.
A great tool to facilitate this is a daily planner that can hold all your notes and reminders of crucial deadlines. This could be a physical notebook or the calendar on your laptop – whichever you choose will become the organizational tool for keeping your workload under control. However, keeping things completely digital means more mobility and freedom, especially if your lifestyle requires you to pick up and move with short notice. Scheduling breaks can also be useful to avoid losing track of time when it’s pertinent to get projects done quickly and efficiently.
Embarking on a career path as sporadic as this one means there are more factors to consider before moving forward. While digital work seems to be the direction more young professionals are heading in, it’s important to ensure safety and security when sharing confidential data throughout the process. This vigilance partnered with an ability to self-manage will allow you to make the most out of a flourishing lifestyle that’s full of adventure and enjoyable work.