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Digital nomads have a passion for travel, desire for adventure, and interest in new cultures. Becoming a digital nomad has increased a dramatic 131% from 2019 to 2023. Our latest research found that more than 17 million American workers currently describe themselves as digital nomads. A nomadic lifestyle can be both exciting and challenging. If…
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Stepping into the world of open innovation can be a novel experience, even for seasoned independent professionals. Success in this arena requires high levels of creativity, along with patience and the ability to roll with rejection. Top open innovation solvers have learned a lot on the way to success. Many have found that they need…
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S Corporation business structure advantages and disadvantages.
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If working remotely while traveling the globe sounds like a dream come true, you’re not alone. Millions of Americans report working as digital nomads—people who embrace a location-independent, technology-enabled lifestyle while living and working remotely. Whether you’ve already tested the waters of digital nomadism and fallen in love with it or are simply curious to…
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What is a Digital Nomad? Digital nomads are people who embrace a location-independent, technology-enabled lifestyle. Digital nomads travel to different cities and even different countries to work remotely and explore new surroundings. Some people travel for years while others go for just a few weeks or months at a time. How do You Become a…
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Diversifying revenue streams for your small business can be a helpful way to prepare for uncertain times. Rather than putting all your eggs in one basket, a diversified business is more likely to withstand a cash shortage, economic downturn, or a dry spell of client contracts. Here are five ideas to consider when thinking of…
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If you have the characteristics of a successful open innovation solver, this world of solution crowdsourcing could be just the ticket. In addition to taking on new and exciting challenges, your participation (and winning solutions) can help you get noticed by potential employers, network with other solvers for business opportunities, and further establish your credentials…
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Startup costs for a new business are an important consideration. One of the biggest hurdles you will cross when going independent is truly making sure you are ready for self-employment. If you want to start your own business and already know the skills and services you want to offer to clients, congratulations—a big part of…
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Adding open innovation to your independent business might seem daunting if you are just starting down that path. It can even be scary. While you may be an expert in your field, brilliant at writing winning proposals, and have mad marketing skills, open innovation solving requires that and more. With all your professional accomplishments, stepping…
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A consulting agreement between an independent contractor and a client should provide legal protection for both parties while also clearly establishing expectations of the project to be completed. The exact language and sections included in your contract may vary depending on your industry, client type, and location. Independent contractor agreements are particularly important for independent…
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