Running a business is difficult enough without traveling as a way of life and trying to run a business on-the-road. There are unique difficulties with doing so, as well as joys along with it when you’re not stuck inside four walls or a cubicle trying to get things done and never seeing daylight.
Here are a few suggestions for traveling and running a business.
Get the Finances Arranged Before Hitting the Road
Going out on your own or leaving a team behind and not taking care of the business funding before hitting the road is problematic. Most financial lenders won’t entertain a loan application if you’re not living at a fixed address or you’re abroad at the time.
When taking out any business loans, you want to do so when you’ve either not left yet or you’re back for a short visit before heading back out. This way, you can correspond from a physical address and IP address that meets their expectations and doesn’t raise a concern in their minds about where you’re located currently.
Separate Work Time from Travel Time
There are some businesses where you can opt for 6-8 weeks of focused productivity followed by expanded travel or backpacking. The creator of Nomad List has produced a series of startups as SAAS projects in his spare time and alternates his workflow in the manner described above. However, his work is remote and entirely digital.
For other entrepreneurs, they have a business that operates 24 hours and they cannot disappear from their email or their laptop for very long. In this situation, it’s necessary to create blocks of time for focused work and other time that’s used for travel experiences. When working a traditional Monday to Friday, then weekends might be left for properly exploring a new city or country once stepping away from the laptop.
Get Your Health Right
Neglecting your health by failing to exercise and eating unhealthy food is a recipe for seeing weight gain and declining fitness over time. When running a business that puts you in front of the keyboard for many hours each day, it’s important to balance this out with daily exercise. This can be exploring locally or trying out a new individual or group sport but stepping away from the business is necessary to stay sane. When you return, you will feel refreshed and ready to do battle once more!
One of the biggest mistakes that travelers make is to overpack and then have to spend months whittling down the amount of stuff they’re lugging around. It you start with a basic list of your requirements, it’s possible to narrow down the possessions you must move around with.
Depending on which countries you’re visiting this year, you can ditch much of your gear in favor of buying cheap alternatives locally and dumping them when they inevitably wear out. This also avoids sticking to international brands and having difficulty replacing them on your journey. Travel lighter, buy locally and feel the difference in your wallet/purse too.
Traveling and running a business from the road can be done, but you need to focus on what you must get done and set aside time to do it. There are far more distractions when traveling than when at home because everything is new, interesting, and worth exploring. Therefore, you must create a list of your goals and remind yourself about them daily to stay on-track.