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Archive for the Working Remotely Category

Mulitple-Streams-Of-Income
Find out what revenue streams are key for short and long-term growth.
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Cashflow

Cashflow might be the most important element of any small business. You can have a great business idea, be an incredibly hard worker, and have all the mentors and connections in the world, but unless there is money coming through that door on a consistent basis, the business isn’t going to last too long.

How many times have you read about new startups and their burn rate, which is defined by Wikipedia as “a measure for how fast a company will use up its shareholder capital… if the shareholder capital is exhausted, the company will either have to start making a profit, find additional funding, or close down.”

For an individual entrepreneur, it works the same way. If the cash flow isn’t coming in, they might have to borrow money from friends, find more clients, borrow on credit cards, or go back to working a full time job.

In the pursuit of wealth and building a business, I propose that there are 3 types of income that solopreneurs should strive for:

1) Consistent Income

Consistent income is what feeds the bottom line of the business, and frankly, pays the bills. This is money that you can count on to come in without fail month after month, serving as a baseline for basic expenses.

Let’s look at some examples:
Joanne is a talented web designer. She left her full time job last year at a major publishing company to go out on her own and build her own business. Because she was so specialized in what she did and her old company really loved her work, they agreed to keep her on retainer, paying her $3,000 per month in exchange for being available to do small projects such as ads, banners, emails, templates, and website design projects as they come up.

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Verbal and non-verbal tips to getting paid what you deserve. See our special course bundle.

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Body + Mind

A tilt of the head, a subtle glance, touching a certain part of the body… there are dozens of tiny micro-expressions that people make in every single conversation that project meaning – all without saying a word.

Mastering the hidden science of body language can give you an enormous advantage when building relationships, meeting new people, or even going on date.

Combine this knowledge with tips on how to negotiate your salary, and it can also make you some serious money.

VanessaVanEdwardsThat’s why I’m so excited that I had the opportunity to partner on a project with Vanessa Van Edwards, a published author and behavioral investigator specializing in body language and human lie detection. She writes for the Huffington Post and has appeared on CNN, the Wall Street Journal and Business Week, speaking to audiences around the world on nonverbal communication. See more of her work at ScienceofPeople.org.

Together, we created the video above explaining four key tips that combine my expertise – salary negotiation – with her expertise – reading body language – to supercharge your next ask for a raise or promotion in your job.

Four steps to asking for a raise, and the body language cues that go with them.

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Live-Like-A-Tourist
Living life like an outsider can make you view life differently

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A strange thing happened to me on the subway

Now, that in and of itself really shouldn’t shock anyone. Strange things happen on the New York City subway every day. In fact, more strange things probably happen on one single train on one single day than occur in a week in your home town. But this was an interesting one.

A few years back, I joined a trail running group on Meetup.com. And like many things in a fast-paced city of transplants, it was fantastic while it lasted. The cornerstone was two women from Germany who were roommates and had a large SUV, and then random people each week that stumbled across the listing and decided, sure, it would be great to get out of the city for a few hours, head into the woods, run a few miles, then grab some food.

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ALSO SEE:
Main article: How to Work Remotely From Thailand
Hotel Reviews: dusit D2, Chiang Mai | Amari Watergate, Bangkok | Amari Vogue, Krabi

You’ve got your itinerary, your guidebook, and recommendations from friends. You’ve scoured everything from internet message boards to every Frommer’s Guide and Lonely Planet at the store.

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ALSO SEE:
Main article: How to Work Remotely From Thailand
Hotel Reviews: dusit D2, Chiang Mai | Amari Watergate, Bangkok | Amari Vogue, Krabi
Things to do: 5 Cool Things To Do in Thailand

Discovering Chiang Mai

Chiang Mai was a highly recommended destination from everyone that I spoke with, ranging from “definitely check it out for a few days” to “I went there for a week and ended up staying for a month.”

Sadly, my stay was only three full days — but could have been so much more. Still, I made the most of it, including packing in temples, cooking class, a trip to the elephant nature park, and a mountain bike trip (see 5 Cool things to do in Thailand).

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