In this series, we’re exploring the various careers of world travelers, and how they make ends meet financially while living abroad. Yes, financially sustainable full-time travel is possible!
Carlo and Florence are a couple from Ireland who have been together 11 years and have visited 51 countries together. They decided to pursue their passion for travel full-time back in 2013 while trying to build an online business along the way. They’ve been blogging since 2009 and their website Next Stop Who Knows documents their travels, lifestyle and online business developments. Their main income focus is on content generation, and they’ve created an extremely lucrative content generation business to fund their full-time travel lifestyle. Read on to learn more.
How long have you been living/working on the road, and where have you traveled to?
We left home in July 2013 on a one-way ticket to Thailand. Since then we’ve travelled through most of South America, South East Asia, the Balkans, India as well as having lived in places like Phuket, Chiang Mai, Rio de Janeiro, Asuncion, Cotacachi, Athens, Budapest and Las Vegas.
We like to combine travel with both fast and slow stints. Sometimes we feel like having a base for a few months, so that’s why we ended up living in the above locations.
We go back home at least once a year to see family and friends as well.
Please describe what you do for income.
Back towards the end of 2012, we decided that in order to be able to have the freedom to travel full-time, we needed a source of income that we could take with us anywhere.
We started off writing $5 articles for a marketing company in Ireland which was great, because 1) We made our first $$$ online and 2) It gave us an idea to potentially scale things and create our own content generation business.
Fast forward nearly four years and we have 40 content writers working in our business.
We decided to grow and scale the content generation writing and fully outsourced it in 2014 so that we could have more free time and also make more money simultaneously.
So, we make 99% of our income from our content generation business and 1% from our actual blog.
Like a lot travel bloggers it seems, the majority of their income is generated away from their actual blog.
How many hours per week do you work on average?
Nowadays we are working crazy hours as we’re creating a proper digital marketing company as a natural extension from the content generation business.
Typically when we’re in “travel mode” we just maintain things – which can equate to about 2 – 3 hours a day of actual work. When we chill out and live somewhere for a few months then we go into overdrive and just hammer the laptops. This is what we did while in Vegas last summer and then Budapest afterwards – it was eat, work and sleep most days.
We don’t mind at all because we’re working for ourselves and while it can be stressful during certain times of the year, the flip side would be that we’d have no business and be twiddling our thumbs all day.
How much money do you make?
Starting off we were making about €2,000 a month back towards the end of 2013. Once we created systems and processes for scaling and managing our business then things really started to take off.
We took on more and more clients as well as hired more content writers. In 2015 we broke the 6-figure barrier for the first time and last year we also had another 6-figure year with our best month to date being in December 2016 where we made just over €30,000.
December is always a freaky month but in general we make on average about €10,000 – €12,000 per month. With our digital marketing business launching shortly, we plan on scaling those averages a lot higher.
Do you make enough money to support your lifestyle?
Yes, we’ve been pretty good with our money so that we can enjoy the lifestyle that we choose. We started using a piece of software called YNAB (You Need A Budget) a few years ago that allows us to track where our money is coming from and going to. It really changed how we viewed our finances.
From the get go we wanted to start saving money and we’ve been doing that consistently over the years. Up until now, we’ve just kept the savings in bank accounts, but we’re doing some research into investing some of it into Bitcoin.
What do you like most about your career and lifestyle?
Hands down the best thing about this choice of lifestyle is the freedom to travel and work from wherever we want. We’ve had the pleasure of visiting some amazing parts of the world, experiencing diverse cultures and meeting lifelong friends along the way.
For us, we value that side of things so much.
What are some of the challenges you have with this career and lifestyle?
Like everything in life, there’s advantages and disadvantages and a lifestyle of wanderlust also has its ups and downs.
Bad Wi-Fi drives us nuts – because we need a consistent connection in order to maintain our business.
Another challenge we’ve been experiencing lately is trying to establish a balance between work and travel. We don’t plan on roaming around the world forever, so finding a destination that we like to possibly have as a long-term base is on the cards.
What is your vision for the future of your lifestyle on the road?
We love working for ourselves – we really do and we don’t plan on changing that anytime soon. The internet has opened a lot of doors for us so we plan on trying to keep it that way.
We won’t be travelling as frequently as we’ve been doing over the past three years though as we want to focus our time and energy into building other online businesses.
Any advice for the aspiring traveler about living and working on the road and managing finances?
The best piece of advice we could give would be to don’t over-think things. If you really want to travel and work at the same time, then there’s so many opportunities available. Don’t let other people’s inhibitions prevent you from chasing your goals.
As the saying goes – “Jump, and build a plan on the way down”. As cheesy as that sounds, it’s still some solid advice. Too many people waste years of their life waiting for the perfect time to do something. Do it now and if it doesn’t work out then so what – at least you tried.
If you don’t have a lot of savings when you set off, then head somewhere that has a cheap cost of living. This way you get used to your new surroundings and it gives you time to figure something out.
Is there anything else you’d like to add?
Don’t be afraid to fail at trying to make something happen. If you want something bad enough then you’ll do whatever is needed to make it happen. For us, that meant writing $5 articles for a few months to learn how the content generation industry worked. Then we figured out a way of scaling things to provide a full-time income and a way of combining full-time travel with work.
Want to know more about how to design your life so you can earn money while traveling the world? Check out Working on the Road: The Unconventional Guide to Full-Time Freedom.
Josie says
April 5, 2017 at 6:59 pmHi Nora — and Carlo & Florence,
Yet another example of living on the road. I love it. There are a ton of ways to make it work!
As a freelance writer, I understand the content creation business quite well. I tried it out several years ago, using it as a stepping stone. I found some pretty good gigs, including a very lucrative one that lasted a year.
But I love that you took it a step further by hiring your own writers — and finding success. This is a great story!
Happy travels,
Josie
Nora says
April 6, 2017 at 8:41 pmHey Josie,
Indeed – through curating these Financial Case Studies, I’ve learned that building a team seems to be the optimal way to scale up income (and ideally, scale down hours).
Carlo says
May 4, 2017 at 6:53 amThanks Josie,
Yeah, once you get a foot in the door with some companies they tend to stick with you until you either stop writing for them, or they run out of work 🙂
It was always my aim starting out to build a team because I hate writing and it also allows plenty of scalability and growth.
Brooke says
April 29, 2017 at 6:48 pmHi Carlo and Florence-
I’m curious about when you first outsourced content creation and what % of the price you quoted your client ended up being what you paid to the freelancer?
How did you pay your freelancers to begin with and did you have any instances where you committed to a deadline for a client and your freelancer fell through? Any advice on avoiding that?
I’m interested in creating a niche writing content for a specific type of business (which I have a 14 years of experience working with) and I have a large network of people in that business so I feel confident I could source quality people (though the tough part is, if they aren’t traveling or looking to change careers it wouldn’t be worth it for them to take jobs that don’t pay as much as they are already paid in their career so I’d have to find people who’ve quit/are changing career focuses or who are between jobs at first until I could pay enough)
Cheers!
Brooke
Carlo says
May 4, 2017 at 7:03 amHey Brooke,
I’ll try and address your questions as best I can 🙂
“I’m curious about when you first outsourced content creation and what % of the price you quoted your client ended up being what you paid to the freelancers”
We pay 50% to the writers. That way, we’re still making enough and so are the writers. The main thing we’re concerned with is that the writers are happy with what they get.
Obviously they know that we make a cut on our end, so it just depends on whether they’re satisfied or not with their end. With 40 writers, it becomes a little tricky trying to keep everyone happy and there’s a constant flow of new writers coming and old ones saying goodbye for one reason or another.
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“How did you pay your freelancers to begin with and did you have any instances where you committed to a deadline for a client and your freelancer fell through? Any advice on avoiding that?”
Writers are paid once per week via paypal. Simple as that. Yes, we had so many situations where writers ended up disappearing completely and not returning the work. It happens and is part of the teething process when trying to scale a content biz.
We’ve gone through literally hundreds of writers over the 4 years since we started and it’s the one piece of the jigsaw that constantly needs refinement if I’m honest.
Having quality, reliable writers on board is the key – without them, then we wouldn’t have the kind of business that we have. Luckily, the writers we do have with us are all really cool people who are hungry for more work and also extremely reliable. Treat them well and they’ll return the gesture.
———–
“I’m interested in creating a niche writing content for a specific type of business (which I have a 14 years of experience working with) and I have a large network of people in that business so I feel confident I could source quality people (though the tough part is, if they aren’t traveling or looking to change careers it wouldn’t be worth it for them to take jobs that don’t pay as much as they are already paid in their career so I’d have to find people who’ve quit/are changing career focuses or who are between jobs at first until I could pay enough)”
As much as I dislike finding writers on Upwork and similar sites, they’re a great place to start the process I’ve found. Nowadays, we get referrals for both clients and writers – so it’s great to be able to hand pick who works with and for us.
I’ve found a lot of great writers in colleges/universities – so they’re well able to follow instructions and write well. They’re also in need of beer money come the weekend – so you can see how freelance writing is a nice side-gig for them 🙂
Stay at home moms and dads are another source of writers that have worked out pretty well for us to.
It’s all about thinking outside the box I suppose when it comes to finding writers to add to your setup Brooke. 🙂