Podcasts about thailand the good life

So you want to be a digital nomad. You already have a job or business that allows you to work from anywhere. You already have a place in mind (somewhere where there is a beach and great food). You are already packed and ready to go. But what really are the things you need to consider before deciding that the laptop lifestyle is for you? Johnny FD Jen, a location independent entrepreneur and author, is one of the experts in the field because he, himself, had gone through the ups and downs of the digital nomad world.In this episode of The New Nomad, Johnny FD joins our nomad hosts Andrew Jernigan and Allen Koski in another entertaining conversation about this exciting yet challenging lifestyle. They talked about how important laying the financial and mental foundation first before diving into being a digital nomad and why investing your hard-earned money smartly is a must. Peppered by tips and advice from experienced professionals, this episode is definitely worth listening to.[0:53] Your overall health matters[3:55] Combatting loneliness as a digital nomad[4:48] Traveling for a reason[12:48] Smart moves in investing[18:30] Be smarter, get travel insurance[21:03] Underrated places are much more fun (and more cost-efficient)GUEST BIO:Johnny FD is a location independent entrepreneur who began traveling the world in 2008 working as a scuba instructor, fighting professionally in the sport of Muay Thai Kickboxing, and has been featured on Forbes, Business Insider, Entrepreneur.com, England's Top i100 List, and even written about in the Danish magazine Information Denmark.Johnny has written two books, 12 Weeks in Thailand: The Good Life on the Cheap and Life Changes Quick: Simple Tips to Getting Rich, Fit, and Even Find Love. He is also the host of the Travel Like a Boss Podcast, and the founder of the Digital Nomad super conference, the Nomad Summit.Johnny FD links:YouTube: https://www.youtube.com/channel/UCNB_Oqy28vN6GZxq-ILVzBwWebsite: https://www.johnnyfd.com/Twitter: https://twitter.com/JohnnyFDK?ref_src=twsrc%5Egoogle%7Ctwcamp%5Eserp%7Ctwgr%5EauthorFollow Insured Nomads at:Instagram: @insurednomadswww.insurednomads.com

Show notes: Johnny FD, Nomad Summit, Travel Like a Boss, Invest Like a Boss, 12 Weeks in Thailand, Life Changes Quick, 4 Hour Work Week, Misfits on Instagram, Support Misfits and Rejects on Patreon, Get a Misfits and Rejects T-shirt or Tank

Three more of our past podcast guests graciously shared some words of advice to help us cope and make the most out of the COVID-19 epidemic. Giacomo Arcaro from Ep113 Don’t Chase the Money Giacomo Arcaro is one of the most important European growth hackers, with more than 140,000 “crypto-followers” and has been featured in the Financial Times,  Forbes, Wired, and the Los Angeles Times. He’s had 2-million-euro exits with two start-ups, CercaClienti.it and SocialAutomation.online, and is the founder of Black Marketing Guru. We need to understand that during the COVID-19 crisis, we are going to face a low touch economy where you have to consider a lot of factors. If you have a business based in a small area with a lot of people, you need to reconsider reinventing your business so that it remains standing if this crisis goes for a year or two. One way of reinventing your business, for example, is running it on social media platforms such as Instagram or Facebook Live. COVID-19 has not changed our lives; instead, it has anticipated the digital revolution. Johnny FD from Ep134 Stay on Track Johnny FD (Fighter-Divemaster) quit his job at corporate giant Honeywell in 2007 to move to Thailand, travel the world, and work as a professional scuba diver. He has since written two books: 12 Weeks in Thailand: The Good Life on the Cheap and Life Changes Quick (both on Amazon), started multiple six-figure online businesses, and since has been interviewed and featured in Forbes, Business Insider, Fast Company, Entrepreneur, and the BBC. If you don't get out of this quarantine with new skills, new knowledge, a side business or side hustle started, then you never lacked the time you lacked discipline. But if you were working hard and didn’t have enough time to rest and you really need to, take a break. Lay around, do nothing, and relax. But if you are only laying on your bed scrolling through your smartphone and just eating and complaining, you need to get out of bed and make some changes and money. You can start by treating your stay at home as the standard working days; the only difference is that you are not getting outside. Now is the time to do things that you usually don’t have time to do, for example, learning a foreign language, reading, learning a new skill, etc. There's going to be a lot of money to be made and a lot of money to be lost. Make your decisions wisely so that you’re on the money-making side. Nicolas Rabener from Ep55 Diversification: An Easy Way to Reduce Your Investing Risk Nicolas Rabener is the founder of FactorResearch, which provides quantitative solutions for factor investing. Previously he created Jackdaw Capital, an award-winning quantitative investment manager focused on equity market neutral strategies. Unlike the Global Financial Crisis in 2008, low volatility smart beta ETFs in the US have declined as much as the stock market and therefore failed to provide the desired downside protection. Tail risk strategies are currently attractive because some of them generated outsized returns in March when the stock markets crash. If you’re considering buying portfolio protection, it’s going to be very expensive because, just like insurance, portfolio protection is best purchased when it is not required. Connect with Giacomo Arcaro LinkedIn (English) LinkedIn (Italian) Twitter Instagram Website Facebook Connect with Johnny FD Website 1 Website 2 LinkedIn Invest Like a Boss summit 2019 The Nomad Summit 2019 The Nomad Summit 2020 Email Connect with Nicolas Rabener: factorresearch.com LinkedIn Twitter Andrew’s books How to Start Building Your Wealth Investing in the Stock Market My Worst Investment Ever 9 Valuation Mistakes and How to Avoid Them Transform Your Business with Dr.Deming’s 14 Points Andrew’s online programs Valuation Master Class Women Building Wealth The Build Your Wealth Membership Group Become a Great Presenter and Increase Your Influence Transform Your Business with Dr. Deming’s 14 Points Connect with Andrew Stotz: astotz.com LinkedIn Facebook Instagram Twitter YouTube My Worst Investment Ever Podcast  

Johnny FD (Fighter-Divemaster) grew up in San Francisco, in the US state of California, and quit his job at corporate giant Honeywell in 2007 to move to Thailand, travel the world and work as a professional scuba diver. While in the Kingdom, he started training and fighting professionally in Thai kickboxing. He has since written two books: 12 Weeks in Thailand: The Good Life on the Cheap and Life Changes Quick (both on Amazon), started multiple six-figure online businesses and since been has been interviewed and featured in Forbes, Business Insider, Fast Company, Entrepreneur, and the BBC.   “The reason why it’s such a bad idea to leave money in cash is you’re guaranteed to be losing at least 2% due to inflation. So even if your money is technically safe in a checking account or savings account, and you’re not gaining interest, you’re not losing money, you are losing, you know, whatever the rate is, which is usually around 2%.” Johnny FD     Support our sponsor   Today’s episode is sponsored by the Women Building Wealth membership group, the complete proven step-by-step course to guide women from novice to competent investor. To learn more, visit: WomenBuildingWealth.net.       Worst investment ever Johnny outlined a trio of mistakes Buying crypto and losing He named his most annoying investment ever was buying cryptocurrency and Bitcoin, and described the pain of seeing it crash. He still holds some Ripple because he simply hates selling it at a loss. He blames the Fear of Missing Out (FoMo) phenomenon for some of his exposure and relates the tale of buying in to Bitcoin when it was valued at US$18,000, just because of the FoMo effect amid the hype even against his gut feeling that it was not a good investment. Peer-to-peer lending ties up money Johnny also described getting into peer-to-peer lending via the Lending Club and finding out that it just tied his money up for five years. In that time, he just witnessed all the money he had disappear as loans defaulted one after another. He felt trapped and could not only not retrieve his money, but people were just flaking out on paying the funds back. He bemoaned the essentially and completely unsecured nature of the investment. Cash is not king in this context His number one of the trio though would be one big mistake he made that has recently been in the front of his mind – keeping money in cash or not investing it for the past few years. He did this based on the widespread idea that the market was due to go down “any day now” and that the world was due for another big crash. But, for the past two or three years, this crash is yet to happen, and he has lost the opportunity of all the potential gains he could have made on decent investments. He identified why it is a bad idea to leave money in cash is because you are guaranteed to be losing at least 2% due to inflation. “So even if your money is technically safe, in a checking account or savings account, and you’re not gaining interest, you’re not losing money, you are losing whatever the inflation rate is, which is usually around 2%.” Johnny FD Storing savings in cash means further losses The second part of loss in keeping money in cash is the forfeiture of potential gains, Johnny said. Even if the stock market fails to grow over a year, in the years he just kept cash, he was still missing out on dividends. They might have been another 1% or 2%. So right there, he explained, he was losing 2% on the inflation, 1% or 2% on the dividends that would have been paid out, which would have been either re-invested into your account, or cashed out on. Then there are the potential losses. On average, the stock market goes up by 7-8% a year, he pointed out. And he sat out on that, but also, in the past few years, the markets have gone up even more than that. So keeping a significant amount of money in cash was losing money, “almost like a bucket with a slow drip”. He said that it was almost to a point that he was holding on to a liability because the cash was not really an asset any more.     Some lessons On crypto Don’t fall for the FoMo Just don’t feel like you’re missing out on any wild gains because you’re not jumping in to something that looks really attractive. Slow and steady wins the race Instead, his strategy now is slow and steady wins the race. If he can grow his portfolio by 7% a year for the rest of his life, he will be very happy with that. On peer-to-peer lending For such investments, Johnny is still a fun, but he has learned. He still has quite a chunk of money in this class, but now he only gets involved if the loans are secured by real estate. If the people he lends to (invests in) don’t pay of the loans, he repossesses their house, sells it and get his money back. Alternatives are there if we look for them and learn There are always alternatives. Would-be investors just have to listen to podcasts, ask people, do the research to figure out how much return you’re going to get. Why give people money in an unsecured loan when you can give it as a secured loan backed by property. The only market timing that is proven to work is time in the market No one – no matter how smart they are or how much they think they can predict the future – can predict the market. So it is better just to be in the market.       Andrew’s takeaways On peer-to-peer lending Get collateral Make sure you are collateralizing anyone you lend to. Time in the market Allowing money to compound is critical People love to show the chart of the exponential rise in money in later years that comes after allowing your money to enjoy the fruits of compound interest. The sad news about such charts is that the compounding effect doesn’t really happen until 30 years later. Most people never start early enough to get to the 30 mark or stay in long enough to get the real impact of the compounding. Red light/green light Andrew has created an investment thinking tool thing called Red Light Green Light, which is just a very simple method based on the tools he has learned of how to look at a stock – his FVMR approach (fundamentals, valuation, momentum, risk) He says: Let’s take these four items, mix them together, and see what they can tell us. The only think he really wants to know is if the market is crazy high, he calls this Red Light, which means the market is too hot. And if it is flashing green, it is crazy low. It’s not a trading rule, it’s just an indication. If you’re someone who really gets stressed out about it, if you see it flash red, take the $800 (say you invest $1,000 a month) that you would normally put into equity and put it all into bonds. When you see it flash crazy green, maybe take the 200 that you would put in to bonds that particular month and put it into equity. This is a kind of a rules-based system that allows someone to control their emotions. And the fact of the matter is, it will only flash red or green, 10% of the time.   “Regardless, don’t worry about where the stock market is, as long as you’re contributing over the long term.” Andrew Stotz   Actionable advice “My only shopping is buying assets and no longer liabilities.”   No. 1 goal for next the 12 months His goal now is to stay on track – to keep doing what he’s doing – with everything. He says everybody should strive to work out in the beginning what their game plan is, then educate themselves to figure out what makes us happy, not just investing goals. He includes fitness and health, regularly growing income and keeping expenses low.   Parting words Learn from mistakes, don’t make your own and kick some butt.     You can also check out Andrew’s books How to Start Building Your Wealth Investing in the Stock Market My Worst Investment Ever 9 Valuation Mistakes and How to Avoid Them Transform Your Business with Dr. Deming’s 14 Points Learn with Andrew Valuation Master Class - Take this course to advance your career and become a better investor Connect with Johnny FD Website 1 Website 2 Invest Like a Boss summit 2019 The Nomad Summit 2019 The Nomad Summit 2020 Email Connect with Andrew Stotz astotz.com LinkedIn Facebook Instagram Twitter YouTube My Worst Investment Ever Podcast Further reading mentioned Johnny FD (2013) 12 Weeks in Thailand: The Good Life on the Cheap Johnny FD (2014) Life Changes Quick: Replace your 9-5 income, travel the world, get in shape, and even fall in love  

In this episode: Johnny FD a digital nomad ‘Boss’ has been inspiring entrepreneurs for years and shares with us his worldly journey and how you can get started living the life of your dreams. Some information discussed: What it means to be a “Digital Nomad” Scuba Instructor to Entrepreneur Start monetizing your ideas The Power of Sharing Books Mentioned Rich Dad Poor Dad by Robert Kiyosakit Pain Point In Business Not having the motivation to make more money About Guest Johnny FD is a location independent entrepreneur who began traveling the world since 2008 working as a scuba instructor, fighting professionally in the sport of Muay Thai Kickboxing, and has been featured on Forbes, Business Insider, Entrepreneur.com, England's Top i100 List, and even written about in the Danish magazine Information Denmark. Johnny has written two books, 12 Weeks in Thailand: The Good Life on the Cheap and Life Changes Quick: Simple Tips to Getting Rich, Fit, and Even Find Love. He is also the host of the Travel Like a Boss Podcast, and the founder of the Digital Nomad super conference, the Nomad Summit Contact Johnny@JohnnyFD.com Podcast Invest Like A Boss Give Away 50% OFF Income Boss Course Show Us Some Love If you enjoyed Real Estate Journeys with Matt Baltzell, don’t forget to leave a rating and leave a review on iTunes! Also, if you’ve got friends who want to jump into real estate (or who dived it and need a life preserver), feel free to share this podcast! (PS We got free swag and the best intro music of all real estate podcasts!)  

For the full audio episode, transcript, show notes, photos and links to all the resources mentioned visit: http://nomadpodcast.com/ep16-johnny-fd-nomad-summit/ Johnny FD quit his corporate job in 2008 and embarked on an adventure of a lifetime which became a nomadic existence he's continued to this day. Johnny is founder of the Nomad Summit in Chiang Mai, Thailand, author of "12 Weeks in Thailand: The Good Life on the Cheap," co-host of "Travel Like a Boss" and "Invest Like a Boss" podcasts, divemaster and muay thai fighter. In this episode Johnny shares lessons on architecting a dream lifestyle that enables you to travel the world while earning passive income via your investments.

Johnny FD is a location independent entrepreneur who began traveling the world since 2008 working as a scuba instructor, fighting professionally in the sport of Muay Thai Kickboxing, and has been featured on Forbes, Business Insider, Entrepreneur.com, England's Top i100 List, and even written about in the Danish magazine Information Denmark. Johnny has written two books, 12 Weeks in Thailand: The Good Life on the Cheap and Life Changes Quick: Simple Tips to Getting Rich, Fit, and Even Find Love. He is also the host of the Travel Like a Boss Podcast, and the founder of the Digital Nomad super conference, the Nomad Summit. Description: In 2008, Johnny FD left behind a soul-sucking 9-5 in California to move to Thailand. He quickly picked up scuba diving and spent the next few years going from zero dives to nearly 1,000, traveling the world teaching diving and searching for the perfect place. Until he decided that wasn’t enough. “I realized I no longer wanted to be the dive guy working at the resort. I wanted to be the guest. I told myself I didn’t want to dive again until I could afford to be a guest.” To get some cast and free gym time, he tried something new: Muay Thai, a fighting style practiced in Southeast Asia. “I was turning 30 and thought if I don’t try it now, I never will.” To learn more about Adam - go to AdamGilad.com To get Adam's Book 21 Laws of Boldness go to AdamGilad.com/21Laws To learn about Adam's Advanced Dating and Relationship Group go to AdamGilad.com/smart Follow Adam on Instagram - RealAdamGilad

Tom Schmidt is one of the digital nomads from Germany who joined the Nomad Cruise and the Nomad Summit held this year. He is an author who found his publishing career while searching how to make money online. After writing his first book while studying in a University, his parents though he was being unreasonable. Despite the doubt by his family, he decided to continue and write more books. Now, he, together with his team, has written over 50 books and was able to retire his mother. On this episode, he shares his nomad journey from finding his online career to earning monthly passive income while traveling. He reveals his publishing process and his strategies in promoting his books. He also gives tips on how to write books that would sell. He shares the story of how he was able to retire his mom and provide his parents a stress-free life. Join this episode and find out how to earn money by writing books online.   Links: Tom's Instagram - Instagram.com/T0mSchmidt Blog Post - Retiring My Parents   Books: 12 Weeks in Thailand: The Good Life on the Cheap   Discussed: Ep 84 - Crushing it on Kindle with eBook Sales   Time Stamps: 03:27 – His reason in joining the Nomad Cruise 10:27 – How he got into eBook publishing 15:27 – How he learned publishing books 20:27 – His first book: Ketogenic Diet 21:54 – Tips in writing books 25:45 – Motivation behind his first book 26:17 – The step by step process in publishing his books 29:55 – His first sale 31:33 – How he started publishing audio books 38:49 – Deciding on becoming a publisher 41:33 – How he established his team 44:59 – Promotional strategies in selling his books 50:03 – Online tools he used in his research 53:27 – Story behind retiring his mom   Enjoy this episode? Share it with friends!  

“So for me, it has always been about how much not only you are making net profit, but also how much you save.” Johnny FD Are you transparent with your business financial statements?  More and more entrepreneurs are starting to show how well or how poorly they are doing. They believe that it is essential to help other entrepreneurs grow.  A few to name are Pat Flynn from Smart Passive income, John Lee Dumas from Entrepreneur On Fire, Buffer with their open salary policy and Johnny FD from Travel Like a Boss Podcast. Today we get to talk with one of those entrepreneurs, Johnny FD. Johnny has had quite a bit of business growth in the past five years going from $600/month to over $300,000+ profit. He shares about this growth one month at a time on his blog JohnnyFD.com. Today, we get behind the entrepreneur that chooses to be transparent with his business. On top of that, Johnny has helped Chiang Mai become one of the digital nomad capitals of the world, started two successful podcasts and kept a work/life balance full of lots of success and lots of adventure. “I'll work a lot for two to three months, then I'll do almost nothing for two to three months and just travel.” Johnny FD 01:34: Why Johnny Loves Ukraine? 04:51: Balancing Growth Modes vs Passive Modes 05:52: Who is Johnny FD? 09:00: Johnny Writing His First Book ‘12 Weeks in Thailand - The Good Life on the Cheap' 09:44: Why Johnny Believes in Being Completely Transparent With His Business Finances 12:27: Going From $600/month to $30,000/month 15:04: Rich vs. A High Paying Job 17:28: Johnny's Thoughts on Current Investments Honorable Mentions: Johnny Blog http://www.johnnyfd.com/ Travel Like a Boss Podcast http://www.travellikeabosspodcast.com/ Invest Like a Boss Podcast http://investlikeaboss.com/ Johnny's YouTube Channel https://www.youtube.com/user/JohnnyJ3N/featured Sam Marks http://investlikeaboss.com/ Nomad Summit http://www.nomadsummit.com/ Johnny FD Income Reports http://www.johnnyfd.com/search/label/Income%20Report Contact Info: http://johnnyfd.com Subscribe to our podcast on iTunes https://itunes.apple.com/us/podcast/entrepreneur-house-live-in/id1069958541?mt=2

Johnny FD is the host of Travel Like A Boss Podcast and Author of '12 Weeks in Thailand: The Good Life on the Cheap'. We talk about how he got to making $10k per month, selling his first dropshipping store for $60k, the shopify dropshipping method vs the Amazon FBA importing method, his Travel Like a Boss Podcast, and his tips for getting started as a digital nomad. Johnny's the one who basically got us out to Chiang Mai to join the digital nomad community, therefore changing our lives forever, so this is a special one. Like many of us out here, we first heard about Chiang May by stumbing upon his youtube video 'My $200 Apartment in Chiang Mai', and from there discovered his blog about living cheap in Thailand and making a living online thru dropshipping ecommerce businesses. Soon after following his blog, he and Anton Kraly of DropshipLifestyle.com announced that they were putting on a Digtial Nomad conference in Chiang Mai in October 2014. This was crucial for us cuz it marked a deadline on our calendar to quit our jobs and make that jump out to Thailand, and the dream of extended world travel. We met 100 other digital nomads there, some new, some experienced, and we just payed attention to what people were doing, and the rest is history. I will thank Johnny & Anton forever for putting on the retreat cuz it was the perfect excuse to get out there and make things happen. Now I feel like I'm on vacation everyday: I wake up when I want, eat out 3 meals a day, choose my own working hours, and get to be constantly surrounded by palm trees, exotic cultures, and happy people. Thanks boys -- 8:40 - How Johnny & Anton got us out to Chiang Mai and changed our lives: The Dropship Lifestyle Retreat, October 2014 19:00 - How much did Johnny make last month? ($17k;) 28:42 - Dropshipping vs Amazon FBA / Private Labeling, Startup Costs 43:00 - Listening to Travel Like A Boss podcast 2 years ago while I was knocking doors cold calling on the streets ^^ 44:28 - Our TOP 5 Life Hacks to start as a Digital Nomad 44:80 - Moving to Chiang Mai, how to meet digital nomads -- [*Update:* If you plan to sign up for Anton's Dropship Lifestyle course and you were referred by this channel, you can use my affiliate link if you like, just comment or contact me] -- LINKS: Get His Book on Amazon: 12 Weeks in Thailand: The Good Life on the Cheap: https://www.amazon.com/12-Weeks-Thailand-Travel-Workweek-ebook/dp/B00B1SASZ2 Johnny's Latest Passive Income Report: http://www.johnnyfd.com/2016/05/april-2016-passive-income-report.html Parker and I on Travel Like A Boss Podcast, October 2014: https://youtu.be/gm1GJJIYU68 Subscribe for weekly travel videos and hit me on Snapchat: pliez1000 TRAVEL LIKE A BOSS PODCAST ON iTUNES: https://itunes.apple.com/us/podcast/travel-like-a-boss-podcast/id727446851?mt=2 MY NEW AMAZON COURSE: http://theamazonmethod.com/ Read our full story on my blog: https://livinthatlife.com/ [A Digital Nomad is someone who works from their laptop and chooses to travel for fun, and/or because the cost of living is much cheaper in other countries, in order to bootstrap more money into their online business, while having an exotic lifestyle.] **UPDATE SEPTEMBER 2016** Due to popular demand, I've recorded my own Amazon FBA / Private Labeling Course - to stay up to date on the next Launch Date, join the list on my blog @ https://livinthatlife.com !! SNAPCHAT Say whussup! Snappin daily random expat life @ pliez1000 https://www.snapchat.com/add/pliez1000

This week's guest is my cousin Jacob who came with me to Thailand back in 2008 when I decided to quit my job and move across the world to pursue my passions.  We talk about what my family thought of me making the move, overcoming fears and objections, the similarities of my parent's immigrating from Taiwan to America and about traveling in Chiang Mai, Phuket and the Phi Phi Islands.   Read the book: 12 Weeks in Thailand: The Good Life on the Cheap

Our guest this week is new to eCommerce and just made his first sale. Stephen Yeh is originally from Foster City, California and was living in China when he read 12 Weeks in Thailand: The Good Life on the Cheap and decided to start his own eCommerce store. In this episode we talk about the cost of living in Chiang Mai Thailand, Thai food, setting up an eCommerce store and making your first sale.