Hello FTL forum,
I've had an account for a while here but after reading the millionaire fastlane and the rat race escape i decided to become active here, about me, I left my home country (German speaking European country) approximately 5 years ago after launching a drop-shipping store.
Moved to North Africa for 1 year and kept working on my drop-shipping store (selling hippie jewelry and clothing, traffic was driven via Instagram influencer shoutouts), did 80-$300 revenue per day at 40-55% net profit margin, managed to have a "successful exit" and sold the shop for $3500 to a digital agency in Toronto, started another store in the same niche afterwards and managed to survive on it for a year while moving to Thailand, Chiang Mai (the digital nomad Mecca as advertised on YouTube, I personally hated it).
Altho i made some money with the second store it came down crashing towards the end of my stay in Thailand, I closed the store after I moved to Siem Reap, Cambodia, focused on some web design and German copywriting freelance work before I decided to launch a digital agency since i didn't want to deal with any job proxies anymore.
Fast-forward 3.5 years, I net around 8500-$11.000 per month at a 95% profit margin with the agency and another $2-3000 with crypto daytrading, have one employee and work with another copywriting freelancer and plan to hire more staff since i can barely handle the current workload, been living in Vietnam for two years, had to leave due to extreme covid lockdown measures and organized visa scams and just moved to Turkey, i don't regret leaving my home country one single day.
To everyone who is hesitating to make the move, just do it if you have an income source and savings for 3-4 months, the life and business experience you will gather during your journey is invaluable.
Regards
Donnie
EDIT: if youre a skilled php wordpress dev, dm me for a job opportunity
I've had an account for a while here but after reading the millionaire fastlane and the rat race escape i decided to become active here, about me, I left my home country (German speaking European country) approximately 5 years ago after launching a drop-shipping store.
Moved to North Africa for 1 year and kept working on my drop-shipping store (selling hippie jewelry and clothing, traffic was driven via Instagram influencer shoutouts), did 80-$300 revenue per day at 40-55% net profit margin, managed to have a "successful exit" and sold the shop for $3500 to a digital agency in Toronto, started another store in the same niche afterwards and managed to survive on it for a year while moving to Thailand, Chiang Mai (the digital nomad Mecca as advertised on YouTube, I personally hated it).
Altho i made some money with the second store it came down crashing towards the end of my stay in Thailand, I closed the store after I moved to Siem Reap, Cambodia, focused on some web design and German copywriting freelance work before I decided to launch a digital agency since i didn't want to deal with any job proxies anymore.
Fast-forward 3.5 years, I net around 8500-$11.000 per month at a 95% profit margin with the agency and another $2-3000 with crypto daytrading, have one employee and work with another copywriting freelancer and plan to hire more staff since i can barely handle the current workload, been living in Vietnam for two years, had to leave due to extreme covid lockdown measures and organized visa scams and just moved to Turkey, i don't regret leaving my home country one single day.
To everyone who is hesitating to make the move, just do it if you have an income source and savings for 3-4 months, the life and business experience you will gather during your journey is invaluable.
Regards
Donnie
EDIT: if youre a skilled php wordpress dev, dm me for a job opportunity
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