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I am first generation African American and the first in my family to lead a nomadic, entrepreneurial lifestyle. My mother is from Mombasa, Kenya; she came to the United States to make a better life for herself and her family. I’m not sure my mother could have predicted how much her children would use technology to enrich their lives and build wealth.
My online business selling on-demand consultations and seminars cost me less than $100 to start. I launched my first digital product using a Google Doc as a sales page and promoted it on my personal social media pages for marketing. I was able to make my first $300 in sales within a few days, which is $300 more than if I had never tried. “Entrepreneurship” is a broad term these days, but if you want a more flexible career, learn about different ways to make extra money it’s time well spent.
Cultivating a location independent life for myself and my family is what keeps me trying new things and talking about my experiences along the way. For you, the motivation may simply be the desire for more income, free time, location independence, or creative autonomy in your life.
Here are four ways online entrepreneurship is helping me achieve my mom’s wildest dreams.
I can make money from anywhere in the world
Being a digital nomad doesn’t mean money falls from the sky; I still have to work no matter which countries I travel to. Being self-employed, I do a lot of video conferencing and online presentations, which means I rely heavily on technology. Some online creators build fantastic video studios, but since I travel a lot, I keep it light with M3 Macbook Proan Audio-Technica ATR2100x-USB Microphonean EMEET webcam and a RoamWifi hotspot to ensure I always have a good internet connection.
like me travels the world, I can continue to work and grow my business. Thanks to technology, I’m able to keep the momentum going while seeing new countries, something that was uncommon a generation ago.
Remote work and some hardware help me create income that doesn’t depend on being in a specific location. I can make money and create wealth from anywhere, anytime; I create financial freedom in a way that truly feels free.
I can be an entrepreneur on a budget
What I love about online businesses is that anyone can start one. There are even job platforms like Fiverr or Upwork that can help you grow your business or business online. These platforms allow people to make more money and be entrepreneurial just by having an internet connection.
It’s easier to offer services on job platforms because the potential clients are already out there hiring people just like you and me.
I can use apps to control my calendar
Working meant I would be doing business tasks for eight to 10 hours a day to earn an income. Today, technology can automate my repetitive business tasks and help me work more efficiently. Now that I spend less time and energy working, I can use this space to explore the countries I travel to. My goal is to create freedom in every area of my life including finances, relationships, location and especially time.
i use Calendly to have the ability to control my calendar and always have accurate time zones. Other applications include budgeting applications that help me manage my money; marketing software that pre-schedules marketing messages so I can make sales 24/7; and payment software that processes these sales smoothly.
All of this helps me to enjoy more time in my life and not just tie my identity to work.
I can build wealth for generations and create a legacy
Many people of color, myself included, are turning to strategies like digital nomadism and entrepreneurship to make and save more money. While we have made progress on the racial wealth gap in the United States, there is still work to be done; The median wealth of black households in the U.S. is $24,100, compared to $189,100 for white households, a 2021 Center for American Progress study found. found.
Being able to work from anywhere, save money, and automate parts of my life is a great way to disrupt generational wealth norms. My digital nomad life and opportunities help me create a financial legacy and cultivate peace of mind. I plan to leave the business, investments, savings and everything else I’ve built up to my children and grandchildren. I want to give them a better starting position so they can live a life that is not all work and no fun.
This option is amazing, especially for me as a person of color, and gives me satisfaction and peace of mind. I am the first person in my family to live this life and build wealth this way – financial literacy is not something I was taught growing up.
Whether you have a job, a business, or something in between, telecommuting and a little software savvy can help you build wealth in a way that also allows you to enjoy the present moment. Get clarity on your life and business goals, then take the time to learn the skills and technologies that can help you realize them.
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