Many startup founders who raise venture capital turn out be millionaires on paper, but it's not convert-able to real money. Even when they get acquired by another company, often they get paid in stock and are actually "acquihired" to save face. From AMA on Twitch w/ @roxkstar74: https://www.youtube.com/watch?v=dKxyHAB948s

From AMA on Twitch w/ @roxkstar74: https://www.youtube.com/watch?v=dKxyHAB948s Cities can make more money on remote workers than tourists Nacho Rodriguez is an entrepreneur who works with the government of the Spanish Canary Islands to attract remote workers. He told me it makes a lot more economic sense for governments to attract remote workers than tourists: An average tourist in Europe goes on a trip for 5.2 nights and spends $70 per day or $356 per trip. Meanwhile, a high-income tech worker from the U.S. or London makes ~$150,000/year. If they'd relocate to the Canary Islands and spend just half of that, that's $75k/year put into the local economy. That amount of money can create 3 local jobs at local average wages. Additionally, tax is paid on that income if they relocate. The average tourist spending of $70/day, is $25,000/year. At an average tourist trip length of 5.2 nights, that means hosting 210 tourists makes the same amount of money for the Canary Islands as a single remote worker can bring in. (Calculation: $70*365.25 days=$25,567/y; 1 trip is 5.2 days; 365.25 days / 5.2 days = 70 tourists/y; 1 remote worker spends 5o% of their income = $75,000/y; $75,000/y remote worker income / $25,567/y tourist income ~= 3; 3 * 7o tourists = 210 tourists) Even if we estimate more conservatively, where a remote worker spends just $25,000/year, that's still the same amount of money as hosting 70 tourists. The Canary Islands get 15 million visitors per year. They could make the same money with 100,000 to 200,000 remote workers there. A remote worker can live more like a local as they stay in the place for months or years renting locally, instead of the short tourist staying in Airbnbs, resulting in less low-quality touristic areas. Caveat is areas will focus on foreign remote workers, which probably means more hipster-type areas. Regardless, places change for foreigners. It depends which way you prefer. Personally, I think long-term remote workers make better visitors economically and behaviorally than short-term tourists. But I'm biased. [ From https://levels.io/the-greatest-migration ]

From AMA on Twitch w/ @roxkstar74: https://www.youtube.com/watch?v=dKxyHAB948s Roxkstar74: Yeah. I think that's like part of the really interesting world of software is that you kinda get to the point where a lot of people feel, like a lot of companies will ask you to be passionate about what you do. Just the level of making it, which when hiring for a job, kinda ask. Kinda super ask. But when actually doing stuff for yourself has such absurd benefits. Pieter Levels: Dude, companies are psychopaths. They are completely sociopath, sociopathic, psychopathic. Like I know 'cause I went to business school. I have an MBA there. They don't have any loyalty to you as a human, especially on an America where there's less labor protection done in Europe. There's no loyalty from companies. So why should you be loyal to companies? Fuck companies. Man, you know what fucked me up about it? Like American corporate culture is a startup culture. It's this whole, we're family, we're like happy family, team photos, team activities. Dude, that's really creepy, that's a lock-in gimmick. Because if you get fired, you lose your whole social life. That means you can't negotiate salary because you have no negotiation power anymore. It's a reductionist negotiating power because you're too locked into the company through a company culture being so good and stuff. Dude, companies are sociopaths and you should treat them like that. They pay you money, you work for them. That's it. And man, in startups, they really try to abuse that and feel like, and it's very dodgy and dark because nobody talks about that. They don't show that. It looks all positive, but it's not positive, it's kinda creepy. Company is not your family. Company, they pay you, that's it. Unless you're an owner, you get shares because it's co-op. And yeah, right? It's interesting. 'Cause like, I don't know, it's such a great line. 'Cause ideally-- Well, it's so good marketing like, oh we have like amazing Skippy balls. You can sit on and you know, whatever the fuck with ping pong tables. And I know that's two for the sake. There's more shit now. Benefits are good. Health care, dental, but yeah, they do try and lock you in and you should be passionate about your own career trajectory not passion for the company. Who cares about the company? Like, I mean yeah, you should do the things that are good in your job, in your job description. But I don't know, yeah. I'm not a communist, but I do believe in co-op and the concept of like that there should be some kinda like shared ownership and revenue share, profit share or something. It's unfair that a capitalist owner, and I'm a capitalist for sure, but that a capitalist owner, capital owner and a company owner takes all the, reaps all the rewards. They should reap a lot of rewards because they did all the risk taking as entrepreneurs for sure. But once employees get into the picture, I believe it's fair at a day, reap also the rewards of the results of the company, not just salary. I would be for a system where you can get less salary, but you can get shares in a company or something. I mean, that's what startups do. That's kinda like equity, but you don't see it in normal jobs. Like you work in supermarkets, you don't really get ownership of the supermarket. I don't know, I feel it should be more fair. Yeah, I know, my brother is a game designer and he works at a company that does profit sharing. So everybody gets a cut. So how successful the game is directly influences how much they get bonus wise. Yeah, cool, yeah. Yeah, that's nice. It gives them much more ownership over what they do. And I think-- Then it makes sense to say, okay, are you passionate about the company? Yeah, I'm passionate because we're gonna make money. I'm gonna make money too. I think the thing is, the question is always, how do they make you care? And that's the big thing. And some people will care on the mission. Super ideal. But a lot of people that talk to me, talk to me because they say, well, you're working on local business. I'm passionate about local business. I wanna help you. And people offer to do stuff for free for me all the time because of that. But ideally, if I were to hire somebody, I would want someone who gives that much of a crap 'cause I know I'm gonna get way better work out of them 'cause they're going to feel that-- That makes sense. But I mean, they don't have passion for your company. They have passion for that general industry. Exactly. But that's fine. Especially for remote work. So yeah, that's fine. And so I think that's like the more ideal version of it where you want to care about the company only as much as you care about the problem that they solve.

https://twitch.tv/roxkstar74 http://levels.io/ama This week I did a live AMA with Twitch celebrity @roxkstar74. We talked for 4 hours about startups, life, drugs, hiring and pretty much anything else you can think off. #startups #startup #bootstrapping #indiehackers #indie maker #levelsio #pieter levels

Subscribe here: https://buildingremotely.com/episode/8 I spoke with Sondre Rasch from Safetywing.com on their podcast Building Remotely about the future of remote work in 2020 and how society changes as millions become location independent this year and in the next decade. My Twitter: https://twitter.com/levelsio Transcript at: https://levels.io/relocate Sondre (00:01): Welcome to building remotely, the podcast where we talk with founders and leaders, of remote companies. Together with them we aim to uncover hidden insights that you can use when building startup remotely I'm your host, Sondre, the founder and CEO of SafetyWing, a Y-Combinator backed startup, building a global social safety net. Let's begin. Pieter (Intro) (00:23): Everything we do that is following our lizard brain is not going to make us happy. In terms of nomadism, and remote work, being able to move to remote work hubs where you can find a community of people: that's going to make you happy. Not the infinity pool, not the nice food and not the beaches. But the people. Sondre (00:46): In this episode, I'm joined by Peter Levels the founder of Nomad List and Remote OK. And at least for me, one of the founders of the digital nomad remote work world, as it is today. If you're listening to this podcast, you probably already know who he is. And if not, then it's about time. Together with Pieter today, I will explore what is happening with remote work, what it means for the digital nomad scene in the future. And to answer the question are all remote workers, future nomads, welcome to the podcast Peter Pieter (01:16): Thanks for having me Sondre 1 BILLION DIGITAL NOMADS BY 2035 Sondre (01:18): So I first heard you speak, uh, as I was contemplating quitting my job and becoming a nomad at the DNX conference, uh, in 2015. And, uh, your talk was quite informative because you predicted a future where we had 1 billion digital nomads by 2035, by the way, I figure the economist later quoted and we have used in our pitching. Um, uh, and that was caused. you said by cheap air, travel, more freelancers, remote workers, sharing economy, better internet and other things. So looking back it's five years later now, uh, you know, we've had a lot of developments since then. Would you update your prediction? Is that where we're still heading? Pieter (02:01): I think so. Yeah, I think so. And I think it was five years ago. And then the last five years, I mean, I would say this year, a lot of, a lot of things changed regarding remote work. Uh, obviously, um, but in the last five years we've seen remote work grow like rapidly. Um, it's become the standard for startups in San Francisco, uh, just in Silicon Valley. Uh, it's, it's become, uh, like most, most, I think 70% of startup teams last year, in Silicon Valley where, uh, part or mostly remote when it started those. So it became kind of the standards. Um, and now with this year with Corona and stuff, uh, which is terrible year for everybody, I think, but remote work has risen fast and it's become really common with normal companies at regular companies because they're forced to work remotely. Pieter (02:48): And, you know, it's, it's not the best way to, uh, get in touch with remote work. I think because it's kind of forced upon people rights. Uh, but the reality is that they are working remotely. Now they're working from home and, uh, five years ago into the presentation about 1 billion digital nomads. Um, my definition of digital nomad was a remote working person who would work, um, away from their home country, at least part of the year. So it wasn't like the traditional definition of digital nomads, which is like, you know, bouncing around from city to city every week. And I don't know any anybody that actually does that. And I've said it multiple times, like people go crazy if you, if you do that. Um, but the realistic, realistic definition of digital would be somebody living, uh, part part of the year, working remotely from another country than in their home country. Pieter (03:33): And I think that's what we're seeing now happening, um, in America does not zoom-towns. I read the New York times as a new word zoom towns, and which means that, um, people working remotely, uh, are moving to smaller towns, booking Airbnbs there, um, a lot of students, kids in, in America, maybe Europe tutor, booking Airbnbs and living together because their entire course is not online and they're doing it remotely. So I would say, you know, I got a lot of flack for that prediction of 1 billion because it's kind of, you know, it's extreme, but I would say now a lot of people are like, ah, maybe, maybe he was pretty close because it's, it's only 2020. We still have 15 years to go. Uh, I think we can, we can hit one billion for sure. #remote work #digital nomad #digital nomads #location independence #become digital nomad #remote worker #work remotely

Edited + color graded for dystopian effect by @levelsio Original footage by thelastpeanut gratefully used: https://www.youtube.com/watch?v=RErdSr0iAcs Music by Lorn: https://lorn.bandcamp.com/album/drown-the-traitor-within

If you work as a freelancer, have a remote job or run your own business you can probably work remotely, see how at https://nomadlist.com. It's estimated in 2035, there will be over 1 billion people working remotely from multiple locations throughout a year. It's the biggest change to work since the industrial revolution. - How do I become a freelancer with remote clients? If you're already a freelancer, talk to your current clients and see how they feel about you working remotely for them. Consider timezone differences and not being able to physically meet up. Many clients are actually fine with this, and you might even be able to offer a discount to them for giving you this freedom! The most common freelance industries for digital nomads are web development, app development, design and virtual assistants. - How do I get a remote job? I made a site called https://remoteok.io that shows all remote jobs available today. Applying to jobs can be challenging, there might be thousands of people applying for a job with 1 position. Remote working is a perk in a job, many people want it, few still get it unfortunately! The best advice is, get highly skilled at what you do until you're hired. - How do I start my own business to work remotely? It's not that different from starting any internet-based business, although you'll want to make sure you don't need to do things physically tied to a geographical location. Or if you do, make sure you can hire people in that place to work for you. Many digital nomads have businesses like web development agencies (where they hire out freelancers), e-commerce businesses or making apps/websites that lots of people pay for. - What do I do next? If you've found a remote job, or remote clients, or have a remote business, you need to find a place to go. I made https://nomadlist.com for that purpose. You can filter on places with fast internet, that are safe, with nice weather and hundreds of more filters to find your specific place. Book a trip and go there. - What are popular spots for nomads? Popular spots are where it's warm, affordable with fast internet. Places like Bali and Chiang Mai in Asia, Berlin, Budapest, Barcelona and Lisbon in Europe, and Mexico City and Medellin in South America. As you see not many big cities in there because they're usually not affordable, crowded and and mostly good for work opportunities but not great to live. Because nomads have the freedom to choose their own place regardless of work (they work online), the places they go are usually different from the typical big cities and they'll optimize for living quality. https://nomadlist.com's main use is to rank the places most popular for remote workers and nomads. - How do I make friends? Try working from coworking spaces to socialize. And if you want some company from more people when you're there, Nomad List can also help. We have a community of 10,000+ people online who can help you navigate your first steps, and help you make friends on the road as they're in the same places as you are. - How fast should I travel? There's no rules, but fast travel (like every few weeks) can become very stressful and mentally exhausting. Most remote workers are in a place for 3/4 months, some 6 months. The point is not to visit lots of places, the point is to find places that personally fit you well and live there! 🎵Music: "Mean Regression" by Simple Technique (CyberFunk Records), used with permission from Simple Technique. #digital nomad #digital nomads #work remotely #nomad #nomad list #nomadlist #how to become a digital nomad #how to work remotely #work remote #remote work

📚 My book is out now: https://makebook.io 🐥 My Twitter: https://twitter.com/levelsio Presented at Dojo Bali http://dojobali.org, thanks to Michael Craig and Haren Tambi for hosting, Marc-Antoine Fonne for filming, Andrey Azimov, Clare Harrison, and Petr Suska for supporting. The popular narrative of startups is outdated. You don't need venture capital to build a startup. You do need a DIY attitude, a lot of persistence and become a generalist who can learn new skills like coding, design and marketing quickly. This way of building a startup is called bootstrapping and it's the coolest way to do it I think. The best thing is you don't need to rub up to venture capitalists to get funding, you keep ownership of your company and you have higher odds to make more money. The 7 stages of bootstrapping a startup: 00:00 Intro 6:58💡 Idea 11:58 🛠 Build 14:50 🚀 Launch 20:15 🌱 Grow 26:18 💰 Monetize 33:20 🤖 Automate 35:48 🚪 Exit Subscribe on YouTube: https://youtube.com/levelsio Follow me on Instagram: https://instagram.com/levelsio Follow me on Twitter: https://twitter.com/levelsio Follow me on Facebook: https://facebook.com/levelsio Read my blog: https://levels.io This event took place in at http://dojobali.org in Canngu, Bali on January 15, 2018. This is straight from my book that's coming out this month called MAKE (http://makebook.io/) for $30. Don't worry, this book is only 1% of my income, so I'm not a bullshit artist telling you to buy my book. I am doing fine without it! Thanks! ABOUT ME I am Pieter Levels, the founder of Nomad List (https://nomadlist.com/), the biggest crowdsourced city database and digital nomads social network. I also founded Remote OK (http://remoteok.io/), the biggest remote jobs board in the world. After I was quickly going broke in 2014, I started building "12 startups in 12 months" which got a lot of attention and forced me to ship a new app every month. Most of those apps didn't become successful, but some did: Nomad List became a real startup with millions of monthly users, multiple acquisition offers, $25,000 to $40,000/month in revenue, while having a real cultural impact of getting tens of thousands of people to travel and work remotely. Remote OK started as a basic jobs board for remote workers, and grew out to now be the highest traffic generating remote careers platform with about $30,000 to $70,000/month revenue in job posts. My total revenue over all my projects together has now surpassed $100,000/month and is growing at 1.76x per year. I share this to make the point again: it's possible to bootstrap a company without venture capital and all the bullshit that comes with it. I also won Product Hunt's Maker of the Year in 2016 and 2018, won Product Hunt's Side Project of the Year in 2018, am the #1 most upvoted Product Hunt maker, got my apps multiple times to #1 on Hacker News and I was on the frontpage of Reddit twice (with Nomad List and Hoodmaps). I don't have the keys to success, so I can only tell you what worked for me. A few principles I hold is that I don't take external funding, I do everything myself, I mostly don't really hire, I automate a lot which means I have lots of robots working for me 24/7, I like transparency and I hate business bullshit. That means I share my revenue, share the problems I have and the successes when things do work. This presentation is pretty much that! EVENT PAGE: https://www.facebook.com/events/1546232848746952/ CREDITS 🎤 Host: Haren Tambi & Michael Craig @ http://dojobali.org 📷 Camera: Marc-Antoine Fonne 😃 Audience: Andrey Azimov, Clare Harrison, Petr Suska + more ⌨ Transcribing: http://rev.com Anna K. Portuguese (Brazil) subtitles by Eric Vieira @eric_vieira #startup #startups #build a startup #building startups #bootstrapping #indiehackers #nomadlist #nomad list #levelsio #venture capital #how to build a startup #startuplife #remote work #digital nomad #digital nomads #pieter levels

Dekmantel Takeover Matrixxman @ 39m From https://soundcloud.com/rinsefm/dekmantel-takeover-matrixxman-29th-july-2017 @ 39m Visuals from https://twitter.com/knockoutvlnes/status/617681703461605380?lang=en Unacceptable tune, too insane, make a law against it