Breakfast in Hungary

Many travelers hope a travel blog is going to provide enough income to have a location independent lifestyle. What could be better than getting paid to write about your travel experiences? The problem is that blogging is one of the most difficult ways to earn an income online. It takes a phenomenal ongoing effort to write and promote posts and even then you have to steer topics towards selling something; you don’t make money by writing an online travel diary. There are much more effective, faster and reliable ways to earn money while traveling.

Want to be a Millionaire?

Imagine if you had one hundred thousand dollars in the bank. In today’s financial climate, you would be pretty lucky to earn a safe 3% per year or $3,000 ($250 per month). That means if you could make $250 per month in regular passive income, it would be the equivalent of having $100,000 in savings. If you could ratchet that up to $2500 per month you would in fact have the income of a millionaire. ($1,000,000 X 3% = $30,000 per year. $30,000 / 12 = $2,500 per month)

Elusive Passive Income

The…

It is difficult to make money online. It is even harder if you avoid all the cheesy sales pitches and fake scarcity building tactics and offer a legitimate product for sale. The problem is that there is so much to learn and so much crap online that it is hard to find real, valuable information and advice.

I believe ThirdTribeMarketing is a great way to learn and be part of a community with some of the top names in blogging. I hate to include sales pitches and affiliate programs on my blogs and so I debated for the last month or so whether or not I should recommend Third Tribe. The only reason I am mentioning it now is because prices are going to more than double from $47 to $97 on June 1st. If you are looking to invest time into learning more about making money online then ThirdTribeMarketing is a great way to go. (And yes, I will make an affiliate commission if you buy through these links.)

While $47 is a lot of money every month,…

Sean Aiken's One Week Job

Sean Aiken of OneWeekJob.com, uncertain about what career choice to make after graduating university, decided to take job hopping to the extreme by trying 52 one week jobs. He has since managed to parlay the first website outlining his intentions into a book deal, speaking engagements, a documentary and an on-going project helping recent graduates try different jobs. Those of you reading my IdeaEconomy.net blog will likely know that I love a great idea; by that measure Sean Aiken is pure brilliance! He has proved that a good idea, talent and hard work can accomplish amazing things. Sean offers some background details about his success with the project in this interview.

How did ‘One Week Job’ get started?

When I was looking for a job, I saw all of these important sounding job titles but I had no idea what the job would actually be like. I was scared at the thought of committing to one, not liking it, and then feeling trapped in the position. In my last year at Capilano University, my dad gave me some advice on finding a…

Lifestyle Design Entrepreneur, Corbett Barr

I love watching people succeed through hard work and talent. I often say that we live in amazing times, because anyone with focus and dedication and rise to the top. Corbett Barr is one of those people that I have admired since his blogging beginnings just over a year ago. He has managed to build two popular blogs, start several other business ventures and live location independent in Mexico for a good portion of the year. Corbett has the talent and dedication to accomplish big things. If you want to track the progress of a rising Internet celebrity, than I recommend watching and learning from everything he does.

Please tell us a little about your background

I’m a 30-something former careerist who traded salary and perks for doing what I love and living anywhere.

After growing up in typical American suburbia, I jumped on the career hamster wheel and ended up as a management consultant working for Fortune 500 clients. I traveled across the country and worked on projects that helped giant corporations make more money or become more efficient. It paid well and everyone I worked with was whip-smart,…

Interview with Nathan Hangen of Beyond Blogging

Nathan Hangen is half of the superstar marketing team that published the hugely popular ebook Beyond Blogging recently. Nathan also happens to be in the US military and was stationed in Afghanistan. He shares some of his experiences and advice in this interview.

Please tell us a little about your background.

Well, I’ll start by saying I’m 31 going on 19…feel like I’ve gone back in time over the past few years…much of which has to do with finding myself through my entrepreneurial ventures.

I have a wife, Heather, and 2 kids (a 3rd due any minute).

I’ve worked in every industry you can imagine…fast food, service, retail, manufacturing…etc.When I was 18, I worked for a very big company called Lexis Nexis…and having a job there was like a ticket to retirement. You just didn’t question a job like that. But then suddenly, they started laying off people that had worked there for their entire lives…it was really tough to watch…so I quit and went back to school. I just couldn’t take it being in an environment like that. The magic was gone.…

Pat Flynn of SmartPassiveIncome.com

Regular readers of this blog will know that I am a little skeptical about making easy money online. The people who say it is easy are generally trying to sell you something. I have found someone that is proving me wrong. Pat Flynn created a $200,000 a year passive income stream in a few short months. It now takes less than 15 minutes a day to maintain. Pat offers extensive details into his business and his advice for online entrepreneurs in this interview.

Please tell us a little about your background.

Before we start, I just wanted to say thanks for the opportunity to share my story with you and your readers. Looking back, I never would of fathomed the idea of anyone interviewing me about anything, unless it was for a job interview or something like that. I am deeply humbled, and I hope I can provide you with some inspiring and useful answers.

My background is actually in the field of architecture. I went to school at the University of California at Berkeley and graduated with a B.A. in Architecture in 2005. I immediately began working for…

Interview with Naomi Dunford of IttyBiz.com

Whether you are interested in travel, lifestyle design, or competitive basket weaving, we all need to earn a living. There is no better source than Naomi Dunford of Ittybiz.com for making money from a small business. Naomi has managed to build a $200,000 a year business in just a couple of years. Part of her success stems from her ability to make great business content humorous and entertaining. Her blog posts always manage to get a few chuckles out of me. I hope you enjoy this interview as much as I did.

Please tell us a little about your history and how you started IttyBiz.com.

I started IttyBiz in late 2007 after realizing I was completely unemployable. My son had just turned one and I didn’t want to send him to daycare. Plus, my earnings capacity at that time was basically zilcho. I knew if I was going to make any money, it was on my head.

The reason I started IttyBiz.com instead of HowToKickAssAtMacrame.com or TheProblemWithCannibalism.com because there was a massive hole in the market when it came to marketing.…

Interview with Internet Marketing Expert, Samantha Milner

We all are looking for ways to make money online, but with all the competition and options available it can be difficult to capitalize on opportunities. I turned to Internet marketing expert, Samantha Milner to give some insight into her decade long experiences with all aspects of Internet marketing. Samantha has created a countless supply of successful products to cater to a wide variety of niches. If you want to learn how to make money online, this interview is the place to start. Thanks Samantha!

Please tell us about your background and why you got started in Internet marketing?

My name is Samantha Milner and along with my husband Dominic we own DSM Publishing limited which is a family owned Internet marketing company. We live in southern Portugal in The Algarve with our eight year old son, Kyle.

Like many other people we ventured into starting our own business as we realised that the rat race was simply not for us. Even though we didn’t have high debts it always felt like the little money that we made from our employers wasn’t going very far after…

How To Make Money With Your Travel Blog: Review

I just had an opportunity to read Nomadic Matt’s (Mathew Kepnes) ebook, “How to Make Money With Your Travel Blog.” I think most readers of JetSetCitizen are looking for ways to earn an income to fund their travels, and this book has the answers. Nomadic Matt currently makes more than $3000 per month from his travel websites and he earns this income while roaming the world.

Matt is not promising some get rich quick scheme, he acknowledges that “making money online takes time.” If you are willing to put in the effort and have the perseverance to keep working on your sites, this ebook is a good action plan covering everything you need to know.

Matt’s ebook is a step-by-step list of actions you must take to earn money online. What I like best is that it is very concise and gets to the point quickly. The steps you must take are clearly and succinctly stated, with no superfluous verbiage. It explains the exact websites, techniques and SEO that bring the most traffic and income. The ebook is travel focused, but it could really be used…

Digital Nomad, Mike Henry

Mike Henry is a location independent entrepreneur who has been living and traveling Asia for more than a decade. He earns his income through several websites and he has experimented with many other online opportunities. Mike shares some details on living in Bali and and offers some lessons in making money online.

Where do you live?

I am currently living in Bali, where I just moved to and I have rented a house for the next six months. I spent most of 2007 just traveling around south east Asia and most of 2008 in China. If I like a place enough I tend to stay a few weeks and make frequent trips back. Before I started traveling full-time I lived in Japan for 10 years.

What are your approximate living costs to have a nomadic life?

My current rent is around US$210 a month for a 2 bedroom house in the north of Bali. The price includes electricity, water and cable television. Internet is a little expensive though at $100 a month for the fastest connection available here.

There aren’t a lot of western goods here, which is good in a…