August 11, 2017 Ep.251 ~ Location Independence with the Kids ~ Michael Petersen

“Turnover is vanity, profit is sanity, and cash flow is reality!” Michael Petersen Location independence is a lifestyle that more and more people are starting to enjoy. People can travel the world and make money at the same time. The typical location independent entrepreneur is referred to as a digital nomad and is usually in their 20’s or early 30’s and trying to mark off as many bucket list items and countries to visit as possible.  But there is another group of location independent entrepreneurs that aren’t so mainstream, they are traveling, working and experiencing the world with their families and children. On today’s show we chat with Michael Petersen the founder of a 7-figure location independent business My Media Trading Desk.  He created and molded his business for the specific reason of becoming location independent and fulfilling his wife’s dream of living in France for a year with their three young children.  During the episode we chat about how he made this happen, the things he had to change, the fears that his family had, and the incredible experience their family made this into. “If you’ve got a problem going remote with your team, it’s because you’re a terrible manager.” Michael Petersen paraphrasing the book ‘Remote’ 01:29: Who is Michael Petersen? 04:48: Michael and Chris Talk Network Marketing 09:29: Building Business with Your Spouse 13:02: Overcoming the Fear of Working Remotely with a Family 16:30: When a Client Threatened to Leave Because Michael’s Remote Lifestyle 18:48: Preparing the Family to Go Abroad 24:21: Fear of Bad Internet and Power Going Out 28:33: The Day to Day Life of Traveling Long-Term with a Family and Running a Business 32:27: The Readapting Process After a Year and a Half Abroad Honorable Mentions: ‘How I Got Over the Fear of Working Remotely’ by Michael Petersen Network 21 Seminar ‘Am I French Yet’ by Kate Petersen Remote by David Hansson and Jason Fried 37 Siginals Highrise Basecamp Contact Info: Subscribe to our podcast on iTunes