From my presentation to 130 members of Berlin's 4HWW Meetup group in August, 2014 How to Make Friends and Money Around the World: Bootstrapping a Business While Living Abroad

1. How to Make Friends and Money
Around the World:
Bootstrapping A Business While Living Abroad

2. I QUIT!

3. “People don’t want to BE
millionaires. They want to
experience what they THINK
only millions can buy.”
—Tim Ferriss

4. $1 = 32 THB
Thailand

5. $1 = 44 PHP
Philippines

6. $1 = 1,901 COP
Colombia

7. $1 = 21,180 VDN
Vietnam

8. 2006 - started writing online, began doing web dev freelancing
2007 - read 4HWW, quit my job
2008 - one-way ticket to Thailand
2009 - BKK Tweetup, ISOS, SEA Backpacker Mag
2010 - productized services - Sovereign Man, Chris Ducker
2011 - coaching and membership training course
2012 - the “year of suffering”
2013/14 - hosting events - seminar in SF, retreat in Costa Rica

9. 1. A Blog is NOT a Business…
BUT...
it is your modern-day business
card
can connect you to just about
anyone these days
nobody is out of reach -
authors, millionaires, CEOs
get involved in the conversation
online

10. 2. Find a Stepping Stone
take skills from your current
career & start freelancing
find what’s at the center of your
abilities, interest, & demand
start a side-gig - it’s never too
early - or too late- to start
OR negotiate a remote work
agreement

11. the “Sweet Spot”

12. 3. Free Work (yes, free)
Charlie
Hoehn
Recession
Proof
Graduate
.com

13. 8 Silicon Valley
companies
Author of Beyond Code,
Upbeat and 7 others
13,000+ followers, writes
for HuffPo, etc.
Rajesh Setty

14. 4. Find a Mentor / internship

15. internship opportunities
EmpireFlippers.com
Linchpin.net
tropicalmba.com

16. 5. Use Geo-arbitrage
Live & travel where the
cost-of-living is LOW
Sell services to high-
value markets like US,
UK, AUS
Practice minimalism.
Produce more than you
consume.

17. Bootstrap Abroad
Auckland, New Zealand = $1,120 USD
Bali, Indonesia = $1,750
Bangkok, Thailand = $945
Buenos Aires, Argentina = $1,425
Cape Town, South Africa = $1,480
Chiang Mai, Thailand = $665

18. Monthly Living Expenses
Costa Rica = $1,060 USD
Cusco, Peru = $1,110
Kuala Lumpur, Malaysia = $630
Krabi, Thailand = $1,360
La Paz, Bolivia = $810
Medellin, Colombia = $1,290

19. Monthly Living Expenses
Melbourne, Australia = $950 USD
Panama = $1,795
Playa del Carmen, Mexico = $820
Puerto Gallera, Philippines = $1,000
Seoul, South Korea = $980
MORE: Expatistan.com cost of living index

20. “Fun things happen when you
earn dollars, live on pesos, and
compensate in rupees.”
—Tim Ferriss

21. 6. Do Not Build in a Vacuum
What are the questions people
ask you all the time?
Actively seek out and ask
questions of your target market
Incorporate your
audience/customers in your
story, and let them be part of
the process building your
products

22. 7. Ship (then iterate)

23. 8. MasterMind!

24. “You are the average
of the five people you spend
the most time with.”
—Jim Rohn

25. **It Really Is Who You Know
Who do you want to be? Find people to “model”
Find like-minded people and mentors (nobody is out of
reach!)
Build a support group
Don’t be limited by geography
Technology empowers you to easily build a global
business

26. Sovereign Man
Network Infiltration report
thrl.in/networkinfiltration

27. Napoleon Hill’s
Think and Grow Rich
thrl.in/tagr

28. 9. $$ is for Solving Problems
(Use it wisely)

29. Biz School Crash Course
The 4-Hour Work Week by Tim Ferriss
The Personal MBA: Master the Art of Business by
Josh Kaufman
Never Eat Alone by Keith Ferrazzi
Linchpin: Are You Indispensable? by Seth Godin

30. 10. Have a Reason

31. What’s most important
Vision = fuel, your “why” your vision drives your goals
Tim Ferriss’ dreamlining exercise is a good *starting*
point thrl.in/dreamline
Don’t limit your vision for yourself, your business &
specific areas of your life
Your vision must be fresh & you know it intrinsically

32. “Twenty years from now
you will be more disappointed
by the things you didn’t do than
by the ones you did.”
—Mark Twain

33. ThrillingHeroics.com
@codymckibb

34. 3 Types of Location-
Independent Business
Sell a physical product that can be delivered remotely
(dropshipping) or a digital product which is delivered entirely
virtually (software, info products, web apps, ebooks, etc.)
Sell a service that you can provide from anywhere (writing,
translation, tutoring, consulting, web design, freelancing)
A website-based business (developing sites for resale, generating
income through affiliate marketing, advertising, sponsored
reviews, referrals, etc.)

35. Real-World Examples
Physical products - LifestyleBusinessPodcast.com
Dropshipping products - thrl.in/muses + DropshipDomination.com
Software development - Technomadia.com + Leadbrite.com
Information products / Kindle / ebooks - ExileLifestyle.com +
Karol.Gajda.com + NomadicMatt.com
Subscription / continuity - SovereignMan.com +
DynamiteCircle.com

36. Real-World Examples
Courses / membership sites - IWillTeachYouToBeRich.com +
ManVsDebt.com + DigitalNomadAcademy.com
Writing - TheProfessionalHobo.com
Language/translation - FluentIn3Months.com
Design/development - WhereIsJenny.com
Consulting & coaching - BrandSuperpower.com +
LovePlayWork.com

37. Real-World Examples
Teaching/tutoring - CraigGonzalesTutoring.com
Fitness Training - EpicSelf.com
Niche sites/blogs - GoBackpacking.com
Affiliate marketing/review sites - ThinkTraffic.com
Web Advertising - Untemplater.com + EliteDaily.com
Adsense/flipping websites - EmpireFlippers.com