Should I quit my job, sell everything and travel the world? - Get ROI Ads

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8 months ago

Should I quit my job, sell everything and travel the world?

Simple answer is yes. (unless you don’t want to..) 

But here is the way I answered a specific person, who was in a discussion in one of the digital nomad groups I belong too…

You,

 

You have a great set of skills that can be made mobile.

 

One thing I’ve learned over the last few years of running my own businesses is that about 80% of business is just business and not your core competencies.  You may be a great designer but, unfortunately, you will need to also learn the art of generating your own clients.  Along with that comes figuring out how to manage clients and how to manage your own time.

 

Like me, you are in a competitive field that is essentially commoditized. I can get someone to do a logo for $5 on Fiverr, but you get what you pay for.  So, how do you differentiate yourself?  For me, “everybody” knows how to use Facebook, so it can’t be that hard, right?

 

When I was starting, my wife had a solid job and she supported us.  We’ve always had a place to live (modest though some of those places have been) and food.  We both had successful careers and have money put away for both retirement and “just in case”. Not an amount that makes us wealthy (and we certainly can’t lie on it) but we aren’t at zero.  

 

I’ve been running the Facebook Ad agency for about 3 years now.  For the first two years I worked only on referrals without even having a website. It worked well for me, but got me in trouble when I had a dry spell last fall.  I strongly suggest not just working on referrals.  You need a way to generate your own leads that isn’t dependent on anyone else.

 

I focused on creating my own lead generation system since March ‘17.  This includes blogging, answering questions on Quora and in Facebook groups and spending a bit of money to promote myself (the last one is the hardest for me).  I also took about 4 months of experimentation to find a workable lead generator and started building an email list and writing almost daily. (I’ve never been a big writer.)  Of note, for the experimentation phase we’ve been stationary.  We love travel but sometimes it’s just too much on top of growing a business (unpredictable schedule, working with screaming kids in the background, dealing with internet connectivity).

 

I am still not ‘comfortable’ and I have a long way to go before I run my company vs just me spending time doing everything.  Some days it’s a lot of fun and very satisfying.  Some days it’s challenging.  

 

A generic suggestion is start building your business and lead generating mechanisms before you up and quit and depart for parts unknown. Learn what it costs you in either time or money to get a client.

 

If you haven’t read “Built To Sell”, grab it.  It’s a really simple, but powerful book.  I also recommend “Lean Startup” and “4 Hour Work Week”.

 

Hit me up with additional questions if you have any.  All the best and hopefully our paths will cross on the road.

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