Now that everyone CAN work remotely, you can pick where in the world to work from.

But working in a funky timezone when you have a local biz can get hard...I work w/ ~30 diff countries for my LA-based biz.

A 🧵on how to make timezones work when running a remote local biz👇
The “digital nomad” dream of working from anywhere at anytime is nice…but maybe not realistic for the growth of your new business.

Every person is different and the timezone you’re living in will really affect your work quality.
When I’m home in LA I’m “at the office” (aka the world HQ of my home desk) by about 8:00am, when business is officially open. Simple.

But when I’m working from Europe, my workday runs from about 5pm to midnight, which is still generally fine for me since I’m a night person🦉
While that can sound rough, keep in mind that the following morning I’m free to sleep a bit and when I did get rolling on work I was “in the future” so no one was bugging me.

I was able to get a lot more deep work done on a regular basis👇
While this concept can work for places like Europe, what happens if you want to spend time in Asia?

In the #remotework world, Asia is the top-level achievement for many digital nomads (in terms of the life that you can enjoy). Food, housing, and adventuring is cheap…

…but?👇
The Asia timezone sucks for me.

When you’re trying to run a remote business in Asia, this can translate into the “digital nomad graveyard shift.”

AKA, that moment when you go to a coworking space at midnight to do a video call and see that you’re not alone👇
The time difference between Bali and Los Angeles is 15 hours.

When I was in Thailand, that meant I had one hour a day (around 11pm Thai time) for meetings.

I could do this because I was no longer in the building/scaling phase of my biz. I already had a team I could trust👇
But I definitely couldn’t do this early on. I pretty much exclusively traveled in Latin America in the beginning, bc of timezone compatibility with CA

You can’t be in building & scaling mode in your business and hope to succeed with one effective hour with your team per day 🚫👇
The dream of being able to work from wherever in the world you want and whenever you want is the ultimate “freedom” in my book.

The reality is, few have this luxury when they are starting out their business, especially a business which is tied to a specific timezone👇
The cool part is that when you do have a remote local business, YOU can pick which timezone works for you and go there.

My sweet spot was being 3-5 hours ahead of my “business hours” and I actually picked locations in the world that allowed me to live this ideal daily schedule👇
The moral of this thread is: you need to pick a timezone that works for YOU and your biz.

This can change depending on the phase your business is in.

Everyone has their own “favorite schedule”., and the beauty is that with WFH and remote life, you can craft your ideal schedule
What does your ideal schedule look like? Where would you want to work remotely from?

Learn more about running a remote local business across timezones here: anchor.fm/remotelocal/ep…

More threads ahead about travel & entrepreneurship so feel free to follow me @neelbparekh

• • •

Missing some Tweet in this thread? You can try to force a refresh
 

Keep Current with Neel Parekh

Neel Parekh Profile picture

Stay in touch and get notified when new unrolls are available from this author!

Read all threads

This Thread may be Removed Anytime!

PDF

Twitter may remove this content at anytime! Save it as PDF for later use!

Try unrolling a thread yourself!

how to unroll video
  1. Follow @ThreadReaderApp to mention us!

  2. From a Twitter thread mention us with a keyword "unroll"
@threadreaderapp unroll

Practice here first or read more on our help page!

More from @NeelBParekh

3 Jan
Some biz models are better than others to be run "remotely".

Here are 3 categories of LOCAL business models which you can run from anywhere in the world.

//QUICK THREAD//
✅ Core Concept -

ANY local business can be remote, even a McDonald's. You just need enough money to hire a manager and team.

However, some businesses models are better than others for the “remote local” model if you don’t have investor-level money 👇
🏆 Sweet Spot For The Remote Local Model🏆

✔️ Your team dispatches to the job site, NOT your location.
✔️ Not capital intensive (unless you have the capital to build yourself a barrier to entry)
✔️ No big office space needed
✔️ If you have $$, any local biz with mgmt team
Read 9 tweets
29 Dec 21
I read every top book on productivity so you don't have to.

Here's how to 3x your productivity in 2022 with just 5 minutes a day.

//THREAD//
✅ Back story -

About 2 years ago, I constantly had the feeling that the day would just fly by and I wouldn't get my main tasks done.

I got sick of this feeling so I went on a binge to absorb as much productivity content as possible.

I wanted to become a productivity machine.
✅ The Truth -

No single productivity system is going to work for everyone. Humans are too different.

Some love working at night, some in the day.

Some want to use checklists, some can't stand them.

The trick I found is to hack together all systems and MAKE IT YOUR OWN.
Read 14 tweets
27 Dec 21
How A Random Uber Ride Completely Changed My Perspective -

I met an Uber driver in Mexico City.

He started Ubering because his family's restaurant wasn't doing well.

On a whim, I decided to visit the restaurant.

What followed after blew me away....

Full story + pics below 🧵
I landed in Mexico City at night and ordered a ride. I got picked up by a cheerful guy, looked about my age.

I've talked to hundreds of drivers before (yes, I'm THAT guy)...I just like learning about people.

So in my broken Spanish, I started asking this driver about his life.
David had grown up living above a restaurant. He was my age (32) and had a wife and newborn.

The family restaurant where he grew up wasn't doing well because of COVID, so he picked up work as a Uber driver. He swore they had the best food ever.

I starred the place on my Maps.
Read 19 tweets
16 Dec 21
One early question anyone interested in starting a local business should ask is

“What are my odds of leading the market & how hard will it be?”

There’s a simple 4 step process you can follow to answer that question & decide whether you’ve got a good opportunity on your hands 🧵
1️⃣When you’re talking about “the market” what size market are you talking about?

LA has a pop. of ~4M, NYC ~8M, CHI ~3M. These are “Tier 1” cities & are going to have established and maybe even cutthroat competition.

This is a tough hill to climb, but not an impossible one. 👇
2️⃣Cities like San Antonio (1.5M), Dallas (1.3M), and Austin (~1M) are also likely to have some established competition, but nowhere near like what you’ll see in Tier 1.

I call these “Tier 2” cities and there’s definitely opportunity here. 👇
Read 15 tweets
15 Dec 21
I got kidnapped in Salt Lake City earlier this year.

Waterboarded, hooded, handcuffed, beaten. The works.

And I did it on purpose.

Here's the story👇
I got a text from an entrepreneur friend that said 'Do you want to get kidnapped?'

He had found an Urban Escape military course to train special forces how to escape hostile situations. And he convinced the instructor to offer the training to civilians.

I said Hell Yes.
The training focus on getting special forces ready for hostile environments and how to escape/blend in. It helps in situations like:

✔️ Military coups
✔️ Government overthrown & city is in chaos
✔️Escaping false custody and evading

AKA nothing I'd ever be involved in.
Read 27 tweets
7 Dec 21
WTF is 'Profit First' and why do you need it?

I "found" $70K in spare cash in my biz just by implementing Profit First's budgeting system.

Here is EXACTLY how you can implement Profit First in your biz. Step-by-step.

⚠️ WARNING: Long Thread
✅ First off....WTF is Profit First?

In short - PF is a super simple budgeting system to organize the cash in your biz.

I think about it as the way to answer "how much $ do I have to expand?"

The system is based on the book titled Profit First by @MikeMichalowicz (sup Mike).
It changes the OG formula of "Sales - Expenses = Profits" ➡️ "Sales - Profits = Expenses"

So you basically take out your profit FIRST, and then run your company with whatever cash is left.

Pretty simple concept, right?
Read 29 tweets

Did Thread Reader help you today?

Support us! We are indie developers!


This site is made by just two indie developers on a laptop doing marketing, support and development! Read more about the story.

Become a Premium Member ($3/month or $30/year) and get exclusive features!

Become Premium

Too expensive? Make a small donation by buying us coffee ($5) or help with server cost ($10)

Donate via Paypal

Or Donate anonymously using crypto!

Ethereum

0xfe58350B80634f60Fa6Dc149a72b4DFbc17D341E copy

Bitcoin

3ATGMxNzCUFzxpMCHL5sWSt4DVtS8UqXpi copy

Thank you for your support!

Follow Us on Twitter!

:(