You might be surprised to know that running your business while traveling will actually cost you less than being on the site of your business. Let’s do the math.
When you reside near the site of your business, you must be in a big city with a high cost of living. You pay a lot for mortgage, gas, food and other expenses. On the other hand, traveling to a different country where the cost of living is lower will make you save more.
Imagine having a business in New York while you are in a remote location like Chiang Mai, Thailand. The overall cost of residing there is just 25% of the entire amount you spend when you are in New York. This means that you will save a lot of money.
Besides, it is not like you are living your business without help. You will still be there all the time. You contact the people whom you have left to take charge. You will also see to it that problems are solved. If they have proposals to boost the business, you will still be the one making the final decision.
This is why even if it sounds crazy at first, you should still travel while running a business if you want a more practical solution.
The infographic below shows the strategies that will help you make this plan a reality. A lot of business owners have done it before and they have successfully taken their businesses to another level.