How To Live An Independent Lifestyle with Rob Erich of Money Nomad

Robert Erich is the founder of Money Nomad which discusses living an independent lifestyle remotely.

April 5, 2018 27 mins Download (MP3)

#Timestamp

00:56 How is your day going?
01:15 Imagine you just had the absolute best day of your life. Where are you going to eat, and what are you eating in order to make your day complete?
02:21 Tell me about a time where you felt lost/blind in business. How did you overcome those obstacles?
04:52 Could you talk about the process of creating a website, generating revenue and content, as well as everything in between?
09:00 Did you find it relatively difficult to make the money that you’re making right now for the website, or did it come relatively easy to you? Is there anything you would want to add on to it?
13:38 What are some pieces of advice that you could give to business professionals and entrepreneurs trying to expand their income and grow their net worth?
15:09 When it comes to investing, what was the dire need for what it is that you’ve created on your website and blog?
17:19 If you could meet any one person who could further your business, who would it be, and why would you want to meet them?
18:06 There’s this picture here of you and your wife; a large majority of your Instagram has to do with her and you guys visiting these beautiful, exotic places. What is it about travel that allows you to become a better human being, husband, friend, etc.?
20:09 Could you share some of those travel hacks?
22:31 The Blind Entrepreneur was created for those individuals that may be temporarily blind in business. To those individuals, what are 3 pieces of advice that you could share with them?

On Today’s Episode with Rob Erich, You Will Learn:

  1. How to live an independent lifestyle
  2. Making money by living remotely
  3. How to grow a blog

Explain That Gram

I just love travel; we happen to live in a time where a lot of situations can be very tense, especially in our country. It’s so good to be able to get out and experience other ways of life. You can connect with other people and see that their way of life tends not to be the only way. There’s also the thing of social arbitrage – you can find out how other people do things and their reasoning, bring it back with you and thus implement it into your own practices. I also employ travel hacking – I use the right credit cards and rewards in order to take affordable trips; just this summer, my wife and I took a trip to Europe, only costing us around $1,000. Normally, this would have cost us about $10,000. All in all, travel can open your mind and eyes to what’s around you.

Three Pieces of Advice From Rob Erich

Well, to someone who would just be starting out, my advice is to keep your day job. Treat your employer as your first investor; besides, keeping your day job while trying to launch your own little thing will require that you be more efficient with your time. If your goal is to create something that is scalable, then you’ll want to look into automating certain aspects of your operations, or delegating them to the right people. Secondly, create processes so that you can automate and delegate as necessary and if possible. And lastly, read about Hoffman, the co-creator of LinkedIn; he has some amazing content. Also, treat your life as an epic – you’ll face trials and challenges in life and your business. But if you take a step back and think on how you want your ‘epic’ to end, it can provide some clarity on solving your current problems. Plus, it gives great material for your story to share.