Digital Nomad Quest Sharon Tseung how to become a digital nomad

In 2014 I had a well-paying job in marketing, but I was feeling burnt out. Tired of the routine of waking up, commuting, and spending most of my day within the four walls of an office, only to repeat the same process the next day.

This dread I felt provided even more acute relief as I had just returned from a one-month solo trip to Europe that opened my eyes to the world I had missed.

As I struggled to get back into my daily office routine, I wondered what if there was another more fulfilling way of life. I began to imagine life without financial constraints. I realized that what I really wanted was the freedom to follow my dreams and see the world without breaking the bank.

With that vision clear in mind, I started thinking about the steps I would need to take to get there by starting to work backwards and create more revenue streams to comfortably finance my trip. And in 2016, after about a year of planning, I left a 9-to-5.

For the next two years I traveled the world as a digital nomad and created multiple passive income streams.

Returning from my travels in 2018, I decided to buy another 9 out of 5 for four years. But after a recent layoff, I am now 31 years old and officially “retired” from a day job. I now dedicate my time to my six current revenue streams, which generate six figures a year, including my Digital Nomad Quest site and YouTube channel.

Here’s how I prepared myself for success.

I spent a year and a half preparing my finances

I’ve always been a big saver, but after locking my travel plan, I focused on increasing my income and reducing my expenses.

I spent all of 2015 working on passive income generation. Also, in addition to my full-time job, I took two additional part-time remote positions that allowed me to grow my nest egg faster.

At the same time, I started blogging and selling digital products like resume templates and printable planners on Etsy to prove to myself that I could manage to generate passive cash flow.

By May 2016, I had saved enough side money to cover a year abroad and with this far side gigs, I was earning enough to help me switch to pursuing full-time passive income jobs. So I quit my day job and started my new trip abroad.

I traveled alone for two years, living in new places month to month while meeting and exploring people from all over the world. I’ve traveled through Europe and Asia to places like Greece, Romania, Portugal, Korea, Hong Kong, and Thailand.

At the end of my travels, I had created passive income streams in various ways that supported me throughout my journey. These included my Etsy store, Amazon seller fulfillment, creating custom clothing to sell on Merch by Amazon, affiliate marketing, advertising revenue from my blog (where I write about my experiences), and rental income.

I also increased my net worth while traveling, thanks to diversified investments in the stock market, some cryptocurrency and real estate. This journey finally showed me the time and freedom that passive income can buy.

My perspective on work and the things I value changed

Traveling around the world, I was amazed at how many different approaches there are that will work. Growing up in the United States, I realized that many of the opportunities I was able to pursue were more accessible because of where I lived.

In some cities, average salaries ranged from $600 to $1,000 per month. It made me realize my privilege, but at the same time, many of these people who might have earned less were more in the moment than I ever was.

Many people I have met in my travels have prioritized what they love and what makes them happy. Meanwhile, many people I knew at home were more preoccupied with pursuing a very definite idea of ​​corporate success that didn’t make them any happier.

I realized that there is no right answer to how you should live your life. Everyone has different values ​​and everyone has a different definition of success.

I decided to come home and build the life I wanted.

When I created my passive income sources, I thought I had “made it”. My income covered my minimum daily expenses, including airfare, accommodation, food and entertainment, meaning I could potentially continue this lifestyle abroad for the rest of my life if I wanted to.

But I just wasn’t satisfied with the cash flow. I wasn’t happy chasing the numbers, I was just thinking about how to reach the next monthly passive income milestone.

I was in Chiang Mai at the time and knew many digital nomads who were very happy to continue on this path. This may be a great life for others, but I’ve come to realize that this is not what I wanted. I was still young and wanted to live life to my full potential. I wanted to learn, create and do something useful for the world.

That’s why I came back to the Bay Area in the spring of 2018 to be around my loved ones, develop skills, and create something impactful. I started teaching people how to improve their finances, create passive income side hustle and invest through my YouTube channel, Instagram and blog.

After two years of traveling to see the world, talk to people of all walks of life, and earn passive income, I finally understood what financial freedom means to me. ⁣

I learned that financial freedom alone is only part of the ultimate goal.

In the beginning, financial freedom for me meant being able to travel the world. But at some point my priorities changed and I didn’t feel satisfied by pressing a random number. I had to reframe what my driving purpose was.

For me now, financial freedom means being allowed to pursue my job dreams instead of waiting for the right time. A freedom that allows me to take care of my health and well-being instead of stressing out about paying my next rent. ⁣

A freedom that allows me to spend time with my loved ones rather than working long hours at the office. As a result, financial freedom allows me to live a life fit for myself.

Sharon Tseung is the founder of Digital Nomad Quest. through him you can learn more about him Instagram, YouTube channel or website, www.digitalnomadquest.com.

Sharon is an investor and creator who, through her YouTube channel, Instagram, TikTok, and blog, teaches people to earn passive income, be financially free, and design their best lives. She likes to talk about investments and side jobs, she. She graduated from UC Berkeley in the past and worked in Marketing at Google and other companies for 10 years she. She quit her job and spent two years traveling the world as a digital nomad while she created multiple streams of income, both online and through real estate.

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