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?
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
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.
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. 👇
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