What is an online entrepreneur?
An online entrepreneur is a person who earns money on the internet in various ways. It can be, for example:
- Online consultants
- Owner of online stores
What they have in common is that they are often completely geographically independent. If they have access to electricity and internet, they can work. This has many advantages and means that they can create better and more relevant content, as well as increase the channel's engagement - and thus their income - by either working in their dream country or fully becoming a digital nomad and working while traveling around the world.
How can you live and work in paradise?
You have been to Thailand. You love the people, the culture – and the cost of living. But you don't know any Thai and would hardly be able to get a job in Thailand that pays enough to provide you with the standard of living that you are used to. Still, you can't let go of the thought – imagine living on a little paradise island, while earning money in your home country's currency! That dream is actually possible to achieve. If you build your own channel and become an online entrepreneur, you can actually live and work exactly where you want.
How do I become an online entrepreneur?
Start by creating a channel within a niche where you have both interest and knowledge. It can be narrow or broad, the most important thing is that you are genuinely interested in the topic, so that you actually have something of value to convey to your followers. Read more about how you can think when starting your channel and how you actually make money online and create freedom in life. When starting out, there are several common pitfalls. Learn how to avoid them, and your start will be much smoother!
Do I have to start my own business?
No, you don't have to start your own business to become an online entrepreneur. For example, if you become an affiliate with Addrevenue, we take care of all the paperwork regarding taxes and social security contributions. You can just sit back and watch your salary being deposited into your account.
In other words: you focus on what you are good at, Addrevenue (which is the best affiliate network) allows you to earn money from their network of advertisers and you get your money, without having to worry about any kind of paperwork.
Can I work in any country?
As an affiliate or online entrepreneur you don't even need to start your own company. This means you can potentially work in any country you want. You can easily travel between countries and work where it suits you at the moment. You don't have to familiarize yourself with the complicated tax systems of different countries - or even apply for a work permit in either of the countries. You can be self-employed, without your own company at all. Here, technology has really created new opportunities for people! Be sure to take advantage of these opportunities and live your dream, with the help of digital entrepreneurship.
What is a digital nomad?
A digital nomad is someone who is geographically free and unbound, thanks to being able to work digitally, as long as they have an internet connection. A digital nomad often doesn't even need access to an office. They can literally work anywhere. According to Pieter Levels, a digital nomad profile, there will be 1 billion digital nomads by 2035. During the pandemic, many - even permanent employees - were forced to start working from home. Many of them enjoyed not being confined to an office. As an online entrepreneur, you become even more free; you don't have to stay at home or even indoors - you can earn money wherever you are.
Improve your content and earn more money
Within certain niches, it is almost a must to get out into the world. If you have a channel that deals with travel, you will de facto have to travel a lot. But even a channel dealing with, for example, food can benefit - both in engagement and content quality - from the fact that you are not geographically bound. Imagine that one week your food channel shows how to cook an authentic Sicilian risotto, and the next week offers pad thai, straight from a street kitchen in Bangkok! Or why not local specialties, from different regions of your home country? You have fun, your engagement increases, as does the number of followers – and your income! You can thus earn more money as an online entrepreneur than if you had stayed in your home country. Maybe there's no reason to go home after your two-week charter trip to paradise? Stay and grow your channel, while your new higher income can buy you an even better standard of living in a lower cost country.
Skiing in the winter and beach life in the summer?
Do you want to be in different places during different parts of the year? Do you want to ski in the winter but enjoy the beach in the summer? No problem, as an online entrepreneur it is very possible! Work in the family's summer cottage or sail around the world? As long as you have access to the internet and electricity, at least from time to time, it's just fine.
Comparison between working as an online entrepreneur in a high and low cost country:
|High cost country||Low cost country|
|Accommodation||SEK 10,000||SEK 3,000|
|Food||SEK 4,000||1,000 SEK|
|Other||SEK 6,000||1,000 SEK|
|Total||SEK 20,000||5,000 SEK|
In this simplified example, you can therefore save around 75% of your monthly expenses by moving to a country where living expenses are cheaper. As an online entrepreneur or digital nomad, you can also bring your income with you - and thus live even better in the country with lower prices. The new country might give you more engaging content, which will grow your following base and allow you to earn more money than ever before. See how much our affiliates earn in different categories. Also read about how much you can earn on affiliate marketing.