The ATM Technique: 3 Keys to Income On Demand

DATELINE:  Kuala Lumpur, Malaysia

What do the world’s top investors, business people, and entrepreneurs have in common?

They all have systems working for them that produce income on demand.

Like an ATM you can go to whenever you want to withdraw as much as you need.

I mean, can you imagine Warren Buffet, Bill Gates, Oprah, or Mark Zuckerberg worrying about the bill at the restaurant or theater? Or Mercedes dealership for that matter?

Of course not – because even if they somehow managed to squander their immense wealth, they could drum up some more cash in minutes.

The great thing is, you don’t have to be a billionaire to do the same.

You just need to use the ATM Technique, as this video explains:

What’s your next step in building your personal ATM? Let me know in the comments below.

The Truth About Long Term Travel [with VIDEO]

travel truth

Imgine being able to travel as much as you want to.

No deadlines.

No timelines.

No painfully restrictive budget.

Just you – answering the question, “what do I want to do now?”

Sounds a lot like self-indulgent fantasy, right?

Could be. But it could also be a symptom of something else:

Freedom.

And it sounds unobtainable, right?

That’s a life reserved for the uber-rich, trust-fund babies, or other people with more luck than we have.

Only it’s NOT.

The freedom to travel as much as you want has a simple formula.

That is, it’s hard to do, but the formula itself is simple 😉

That’s why I made this video for you.

Because after almost 3 years on the road – 3 years of freedom and everything that comes with it – I want you to have this too.

Or at least, have the opportunity – to use how you will.

I think you’ll like it.

So you’ll be pleased to know that there’s only 1 key to long term travel. Here it is:

To briefly recap, the key: becoming insanely valuable to everyone you meet – has 3 parts to it:

1. Skills & talents – Any abilities which can be used to improve other people’s lives. Anything from construction to consulting.

2. Marketing – The ability to communicate what your skills are and the benefits of them

3. An audience – People who want to give you money (or other resources) in return for those skills

Notice how there’s nothing in there about the number of hours you spend in the office.

Or where you are.

Or when you work.

Because that stuff doesn’t matter.

Whether you want to travel full time, go on vacation more often, or just fill an alarming number of  bathtubs with cash:

It’s all about the real economic value you can create for others and getting paid for your results.

And this in itself is a skill. Which takes time to learn.

And it takes more time to unlearn the idea that “I’m owed something for my time”

This is why why you shouldn’t quit your day job to start a business.

And why marketers who suggest such things are acting irresponsibly.

You don’t throw away your safety net (even if it’s only mediocre) until you’ve installed a new one.

That is, you start small, doing it on the side.

Until you get f#$%ing GREAT at it.

Look, I can tell you from experience, this isn’t something that’s going to happen overnight.

It’s just like losing weight or getting out of debt.

There’s no magic pill. There’s no “get rich quick”.

You have to do difficult, tiring, boring work along the way.

That’s the price you pay.

And let me tell you:

The reward is the best gift you’ll ever give yourself, your family, and the world.

The certainty of knowing there’s always going to be enough money. The freedom to live where you want and do the things that excite you. The opportunity to create massive positive impact in the lives of others doing work you love. The legacy you’ll one day leave behind.

Travel? Anyone can travel. On any budget. Truly. I’ve written 18,000 words about it. I did a 5,000 word interview on MappingMegan about it. I’ve lived it.

But this is so much bigger than travel.

When you become insanely valuable to other people, travel is just a tiny slice of the massive reward-pie you’ll be creating in the all-you-can-eat buffet that becomes your life.

And you can quote me on that.

So Where Do You Start?

To start, here’s an exercise I have my private 6 Figure Nomad clients do when they’re trying to figure out what business to go into. Ramit Sethi was a big source of inspiration for this exercise.

You start with the question: What are you going to give people that will improve their lives?

Here’s how to find out:

  • Make a list of your top 5-10 interests. Things you spend time on every day or at least every week. Don’t think about commercial value here. Horseback riding, watching football, knitting, kung-fu – whatever.
  • Make a list of your top 5-10 talents. If this is difficult, think about what friends, family, and colleagues ask for your advice/opinion on, and reflect on what you do in your job plus during your free time. Maybe you’re the most punctual person in the office. Maybe you cook a mean souffle. Maybe you make enchanting origami figures. Write it all down.

If you’re having trouble coming up with ideas, go to the website UpWork.com and look through all the categories of freelance work there.

Now, it’s time to look at what you’ve got. Review your answers and brainstorm a minimum of 3-5 potential services you could offer.

For example, one of my interests is learning languages and one of my talents is copywriting. A potential service would be to help business owners in international markets improve their sales copy.

I could be even more specific and focus in on Russian business owners, as I know that language particularly well.

These ideas don’t have to be combinations from your list. For example, I play jazz guitar as a hobby. A business idea from that could be: Play gigs at weddings.

Now you need to rate the quality of these ideas. Ask yourself the following questions:

  1. Am I interested in doing this full time? As a side gig? At all?
  2. Is this something people would pay for?
  3. Does this idea excite me?

Now, you should have a list of things that you can and should be improving every day.

How to do that – we’ll discuss in some new material soon.

For now, use this as your launch pad to get started. You’re on your way to becoming extremely valuable to everyone you meet.

That’s the key to permanent travel…or whatever it is you’ll do with your freedom.

And that’s the truth.

Want a hand? A couple times a year I open up 6 Figure Nomad Acdemy, where I’ll guide you to build your own business that you can run from anywhere. These exclusive trainings are not offered to the public and spots are extremely limited (under 20). You can get on the advanced notification list here.