How to Be a Successful Self-Employed Digital Nomad

Modern technology is great, isn't it? We can order shopping with a touch of a smartphone, FaceTime friends on the other side of the world and a whole host of amazing things. From a professional perspective, internet connectivity has introduced a lot more flexibility into jobs and the option to becoming a digital nomad is now a reality for many people. Making the decision to go it alone and become a freelancer is exciting but it can be daunting too. Here are some top tips for staying on course to be a successful digital nomad:

Check the demand for your skills

Whether you plan on offering graphic design skills whilst soaking up the sun, or you are going to be a freelance writer hopping from one coffee shop to the next, the first step is to check whether your business idea is viable. If you have a full-time job then before you jump into the unknown, do your research and check how much demand there is for your skills and the pay you can expect to earn. You can find some insight into freelance salaries through companies like Payoneer, so you have an idea of what you can potentially earn.

Make big plans (structured ones)

It is very important to have structured goals and objectives for your business to ensure that you stay focused. Without the pressure from a manager, or deadlines set by others, it can be easy to take your foot off the gas a little bit. Make sure that you develop daily, weekly, monthly and yearly targets that you constantly review and tweak if necessary. This will ensure that you do the necessary actions that are essential for you to hit your targets and stay disciplined when it is easy to get carried away with the freedom of being your own boss.

Research all the legal requirements

Starting up your own company comes with increased responsibilities such as incorporating your business, completing tax responsibilities and a number of other legal requirements, depending on the type of business you set up. As a business owner, you will be responsible for arranging the right level of insurance to protect your clients and your business, should someone claim against you. General liability insurance by Next Insurance, for example, covers the basic risks that businesses face in regard to damages towards third parties. If you don't have the right insurance in place, you could end up being sued and going bankrupt.

Market your skills/find work

Arguably the hardest part of being a successful freelancer is finding the work. You might be able to use freelancer websites like Freelancer or similar to find work or set up your own campaign to market your business. Setting up a website, social media accounts and speaking to your network of connections can all help you to find work. Some freelance work is advertised through job sites, so that is worth checking out too.

With the right skills and a good level of research and planning, you could join millions of other digital nomads who are living their dream careers.