The opportunity to run a location-independent business has never been more attainable. While it may sound like a dream come true, it requires a lot of preparation and flexibility to truly thrive while managing a business on the go. Here are 10 practical tips from experienced entrepreneurs on how to succeed as a remote entrepreneur:
1. Spring for Good Accommodations
One of the first things to consider is your accommodations. While it might be tempting to cut costs, quality accommodation plays a significant role in your productivity. A safe and quiet place to sleep ensures you are rested, which boosts focus and efficiency. Additionally, reliable internet is essential—many countries may not offer strong internet connections by default. Don't skimp on where you stay. A bad experience in a noisy, low-amenity environment can lead to extra expenses down the road for alternative workspaces like coworking spaces.
2. Plan for Quiet Time
Working in unfamiliar locations can make it challenging to find a quiet place for calls or meetings. Plan ahead and seek out libraries, coffee shops, or coworking spaces that provide the right environment. It’s essential to also ensure these spots have the internet connectivity you need. This proactive planning will help keep you on top of your game, even in remote locations.
3. Adjust Your Hours
Working across time zones means adjusting your schedule. Depending on your team’s location, you may need to shift your sleep patterns and work late or early hours to maintain effective communication. Flexibility in your hours is key to balancing work with exploration of new places.
4. Spring for Good Wi-Fi
Reliable internet is a non-negotiable requirement for a location-independent business. Ensure you have a backup plan, whether it’s a mobile hotspot, a portable router, or a reliable Wi-Fi source. Public places like coffee shops or coworking spaces often provide internet, but always double-check the quality before committing to work there.
5. Plan How to Pay for Purchases
Depending on where you’re based, access to payment systems like credit cards and online payment processors may vary. Be prepared with multiple payment methods so you can easily manage expenses while abroad. For example, PayPal, TransferWise, and Revolut are widely used and available internationally.
6. Maximize Your Tools
Location-independent businesses rely heavily on digital tools and software. Keep your business operations smooth with cloud-based solutions for project management (like Trello or Asana), communication (Slack or Zoom), and document storage (Google Drive or Dropbox). Automate repetitive tasks with tools like Zapier, and use CRM software to track customer interactions. These tools keep your business functioning seamlessly from anywhere.
7. Make Time for Networking
Networking is key to expanding your business while on the move. Attend local events or use online platforms like LinkedIn or Meetup to connect with like-minded individuals and potential business partners. A well-established network can help you tap into local markets and gain valuable business insights from people who live and work in the area.
8. Manage Your Finances
It’s easy to forget to set aside enough money for taxes or unexpected business expenses. Use apps like QuickBooks or Xero to manage your finances, track your income and expenses, and set aside the right amount for taxes. If you’re running a business from abroad, you may also want to consult an accountant to ensure you comply with local tax laws.
9. Set Boundaries for Your Workday
While the freedom to work from anywhere is one of the biggest perks, it can also be a double-edged sword. Set clear work boundaries to avoid burnout. Having a structured routine that includes regular breaks and a defined end to your workday helps maintain productivity and ensures you enjoy your time exploring new places.
10. Use a VPN for Security
When you’re working from cafes, hotels, or coworking spaces, you’re often connecting to public Wi-Fi networks, which can be risky. To protect sensitive data, it’s essential to use a VPN (Virtual Private Network). A VPN encrypts your connection, ensuring that your business information stays secure, even when you’re on a less-than-secure network. This is a crucial step for protecting both personal and business data when working remotely.
Start Your Own App Business with Halder Group
If you're looking for an easy, low-risk way to start your own location-independent business, partnering with Halder Group could be the perfect solution. By becoming a part of our White Label Reseller Program, you can sell high-quality mobile apps to small businesses without needing any technical expertise. Halder Group handles all the development and publishing, allowing you to focus on growing your business and keeping 100% of the profits. It's a flexible, scalable way to tap into the thriving app market from anywhere in the world. You can see examples of our work in our gallery for inspiration!