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Are Digital Nomads Safe in the Freelance Economy? Some Tips to Thrive

This is a guest post by Wendi Williams.

The love affair with the digital nomad lifestyle has reached fever pitch in recent years, with wanderers, explorers and free spirits around the world ditching their desks, pulling up roots and embracing the unknown. These virtual globetrotters have grown their ranks to nearly 5 million over the course of the last decade. And while most digital nomads are known for their ability to go with the flow, many found themselves — and their careers — at the mercy of the COVID-19 pandemic.

Nomads No More?

As the virus brought the travel industry to a standstill, many digital nomads were forced to do some serious soul-searching and decide whether the transient life was still sustainable. Some digital nomads found themselves without a home base to safely quarantine, while others were stranded in foreign countries as borders closed and flights were canceled. Some say their mental health suffered, feeling confined and trapped by stay-at-home orders. Could this signal the end of the romance with digital nomadism?

The Nomad Boom

The short answer is, “no.” Digital nomads are already getting back to business as usual (if you call working from the base of a volcano “normal”). Research shows that around 40 percent of freelancers, including digital nomads, say their workload has remained the same or increased throughout the pandemic. Over half believe that demand will grow once the crisis is behind us. In fact, in a survey of digital nomads, nearly 60 percent say that the virus hasnt impacted their travel plans or goals at all. Some experts predict a boom in the nomad lifestyle in the coming months, as the pandemic has greatly increased the number of employees working remotely around the world.

If you think a life without borders sounds like your speed, find out if working as a digital nomad is right for you. And if you’ve already broken those corporate chains, read on for some tips to help your career thrive.

How to Thrive as a Digital Nomad

Diversify Your Portfolio

While many freelancers, independent contractors and nomadic workers maintained or grew their workload through the pandemic, 60 percent saw at least some decline. Those whose income took a direct hit had to adapt quickly and make some major pivots to sustain their career. And while it’s not ideal to be scrambling for new work in the midst of a crisis, there are lessons to be learned.

If most of your work comes from only a handful of clients, or if you only offer one or two services, you might be at greater risk during disasters or economic hardship. Now is the time to seek out potential new clients, build relationships and add skills to your repertoire. If you’re wondering where to find nomad-friendly jobs, check out some of these sites:

Get Your Telecommuting in Order

As mentioned above, the quarantine of 2020 opened the eyes of many to the joys and sorrows of working remotely — something digital nomads are already familiar with. But in order for remote work to actually work, you need the right tech, reliable connectivity and the retargets to reach your clients and access projects. Here are some tech tips to keep in mind:

Have a Safety Plan

The pandemic caught many digital nomads by surprise, forcing them back to their home countries, or stranding them in faraway lands. Many nomads sought shelter with like-minded colleagues overseas, while others without a permanent home turned to family and friends for temporary housing. Should a scenario like this arise again, you’ll need to be prepared in advance:

Be Financially Savvy

They say you have to spend money to make money, but as many digital nomads already know, saving is the key to success. Nomadic professionals are known for frugality and living on shoestring budgets, and never has that been more important than in the present situation. Prepare for the unexpected by making sure your finances are in order.

Roam If You Want To

The impact of 2020 is and will be felt around the world, in every industry, and digital nomads are no exception. However, recovery is underway, and freelancers and independent contractors remain optimistic that the pendulum will swing back in their direction soon. Research seems to back the hope that nomadic workers will bounce back, and with the tips outlined above, we hope you’ll be able to prepare for the unknown and take your career to the next level.

 

About the Guest Post Author:

Wendi Williams is a freelance writer for Incfile, which seeks to provide a fast and easy way for entrepreneurs to form and manage a new business. She is based in Indianapolis, IN, with over a decade of experience writing for a variety of industries from healthcare to manufacturing to nonprofit. When she isn’t working on solutions for her clients, she can be found spending time with her kids and husband, working in the garden or doing more writing (of the fiction variety).

Image credit: https://unsplash.com/photos/z3htkdHUh5w

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