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Is Passive Income Necessary for Nomadic Lifestyle?

Lately there has been a lot of talk about nomadic lifestyle business or internet lifestyle business and similar labels. The gist of these blog posts have been that you’ve got to work your ass off if you want to enjoy these kinds of lifestyle.

They are based on the assumption that the only way you can enjoy a nomadic lifestyle is if you have a stream of passive income. But there are other ways.

I prefer not to substitute the pressures of a corporate based income with an independent self employed business. I prefer to live a life that is stress free and earning an income is but a integral part of life. No more or no less important than anything else.

Can one live a nomadic lifestyle and have an active source of income that is an integral part of their lifestyle? I believe it is possible. As a matter of fact, there are people who are living nomadic lifestyles while running a business of their own.

Sir Richard Branson comes to mind. My friend Darren Lacroix travels the world teaching people how to make a living through public speaking. Joyfully Jobless Barbara Winter believes that when the lines between work and fun are blurred and overlapping, then you can do it from anywhere.

Then are those who have skills that make a portable lifestyle possible. I had long time ago suggested to my friend Sean Ogle that he can play guitar on the streets practically anywhere in the world and make a decent living having fun and travelling. Indeed a lot of people do that all over the world.

Personally, I twist balloons in various forms and am currently making a decent living doing just that. I know I can practically go to any place in the world (or at least the ones I have in mind for visiting, with the exception of top of the Mt Everest) and use that skill to make a living.

Chris and Cherie of Technomadia and Brooke Ferguson of BusinessBackpacker are couple of examples of people who are using the internet to conduct their consulting businesses while being nomadic or location independent.

What do you think? Is it possible to have a Nomadic lifestyle without having a nest egg or a passive income business? What are some of the other ideas that you have that might work for a nomadic lifestyle? Are you currently using one that works for you?

I would love to hear from you.

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