Hey Insiders, happy Wednesday! Today’s email is a bit lengthier than normal but it’s a banger I PROMISE. Here’s what I have for you…

Today’s email is a 6min 43sec read:

• 🏡 How to live out of Airbnbs for less than your rent

• 🎒 Digital nomad executives are on the rise

• 🇮🇳 India is building a digital nomad initiative

But first, the main event of the email! As you probably already know I’m a big fan of entrepreneurship and think it will be the future of work… and Gen Zers it seems are all aboard the side hustle train 👇

🔬 DEEP DIVE

The Hustle Generation: How Gen Z Will Change Work Forever

Get good grades in school > Go to a good college > Get a good job, so you can live a good life and eventually retire.

It’s the script to life that many of us were sold growing up, but does it actually work in today’s world?

Gen Z is throwing the BS flag on the play…

Instead, they are embracing a much more interesting style of working - the Career Portfolio

The term Career Portfolio was first popularized in the 1990s by Charles Handy, an author and expert on organizational behavior and management.

Handy predicted that aided by technology and the internet, workers wouldn’t rely on a single job as they had in the past, but they would instead opt into working multiple gigs.

This would make workers more financially secure in an unpredictable economic environment.

While most Gen Zers have likely never heard of Charles Handy, MANY are using his playbook!

And it’s not just jobs, they’re mixing in freelancing & entrepreneurship!

A survey by Fiverr found that 67% of Gen Z are currently freelancing or plan to start freelancing, and another study by WP Engine found that 62% of Gen Z either have their own business or are thinking about starting one.

Some even have a few businesses, another survey by Microsoft found that 48% of Gen Z respondents were juggling multiple side hustles at the same time!

While a Career Portfolio allows you to experiment with ideas and make money from multiple interests, it’s even more powerful when focused in a specific direction…

Imagine having a part/full-time job as a web developer, working as a freelance web dev in the afternoons, and also selling website themes on the internet.

This is what I call the Career Portfolio Trifecta!

It gives you the “stability” of a 9-5 job, allows you to maximize your hourly rate through freelancing, and make money while you sleep through your own digital products.

And since it’s all focused on one “industry” they help fuel each other!

Young workers who embrace the Career Portfolio model are no longer at the mercy of big companies that can lay them off or change their roles at the snap of a finger. They become far more autonomous, in many ways advancing the ideas that their Millennial digital nomad predecessors started.

But what about employers? Where do they fit into this?

Well, they can either embrace this and benefit, or fight against it and lose.

Companies have a choice to make, they can choose to allow Gen Zers to have multiple side hustles and try to find ways to improve their business through it, or alienate some of the top talent of this generation.

Thanks to social media and work platforms like Upwork & Fiverr it’s never been easier to start a business, and Gen Zers aren’t being fooled by the societal script.

As Shola West, a 20-something career portfoliost says "I don't believe that to be successful I have to be a manager and then a director. I'd actually rather do a bit of this and a bit of that and find out what I'm good at and what I love.“

Watch out world, Gen Z is here and it doesn’t want your ties and cubicles!

⚡️ WE’RE BROUGHT TO YOU BY CAMP INDIE

Unconventional Minds Wanted!

Break free and join the ultimate adult summer camp for digital nomads, entrepreneurs, and adventure-seekers! Whether you’re just starting out or have been on this path for years, you’ll advance toward the lifestyle you want to lead (while having a blast at summer camp).

Most conferences charge high ticket prices and make you pay for your hotel, food, and entertainment.

At Camp Indie your accommodations, food, workshops, and entertainment are all included!

All you need to do is show up, relax, and have a blast enjoying an unforgettable weekend of growth, learning, and connection.

Join us June 16-19, 2023 in Connecticut’s Berkshire Mountains, less than 2 hours from New York City!

💬 FAV INSTAGRAM

Starting a support group for people who feel personally attacked by this meme…

💡 TOP TIP

How to Live Out Of Airbnbs For Less Than Your Rent

Airbnbs have been climbing in price for the last 5 years, but there are some easy hacks to find accommodations so cheap it puts your normal rent to shame.

Look for popular tourist locations, in the off-season, and book for a month or longer!

These locations normally have lots of availability (a surplus of supply) but very low demand in the shoulder season, and when you book for a month or longer you get a long-term discount.

🚨 WORD ON THE WEB

🤖 OpenAI CEO Sam Altman calls remote work a “failed experiment”

• During an event hosted by Stripe, Sam Altman referred to remote work as a “failed experiment” and said that it had a negative effect on creativity

• He said that this was especially true for startups that require fast iteration

• Altman also said that successful remote work is currently held back by a lack of technological infrastructure.

📒 Almanac launches The Modern Work Method to help distributed teams improve operations

• Almanac is a software that allows distributed teams to create Handbooks & SOPs

• After interviewing over 5000 top business professionals they have put together a system to help remote teams of all sizes flourish.

• The Modern Work Method focuses on definitions over deadlines, transparency over need-to-know, and documents over meetings.

🎒 How digital nomad executives are leading from the road

• Living as a digital nomad isn’t reserved only for employees and freelancers, more & more company leaders are enjoying the lifestyle as well

• Will Weeks, Head of Brand & Communication at London-based Student Beans moved to Sydney, Australia. He disocvered what works best is to split his day in 2 - a morning deep work session, and an evening session when he gets to meet with his team

• Jeff Maggioncalda is the CEO at Coursera and after announcing a shift to a permanenet remote-first model has traveled to 35 cities across Europe & the Middle East.

👋 Virtual coworking spaces aim to offer the best of remote productivity and in-person collaboration

• There are a number of new “virtual coworking” companies on the market including Groove, Cofocus, and Focusmate that allow you to work virtually either 1-on-1 or in a small group

• The work “body doubling” helps remote workers reduce the feeling of loneliness and when doing it as a team helps to improve collaboration

• Having a focus partner also helps you to stay on track and not get distracted.

📆 UPCOMING EVENTS:

May 24-28: Vivel [📍 Multiple Locations, Turkey] - networking meets music at this one-of-a-kind conference for location-independent professionals

May 28th-June 3: Nomad Cruise 11 [📍 Mediterranean Sea] - The original conference at sea is back! Join 250 digital nomads on board a cruise ship in the Med to discuss remote work, business, and personal growth

May 28-June 4: Porto Santo Nomad Fest [📍 Porto Santo, Portugal] - A festival celebrating the digital nomad community, on a beautiful island off the coast of Madeira. Limited attendance.

June 16-19: Camp Indie [📍 Kent, Connecticut] - adult summer camp & conference for digital nomads & those living an unconventional life

June 21-25: Remotion Festival [📍Burgas, Bulgaria] - A festival for remote workers, freelancers, & digital nomads highlighting the Burgas area as a hub for smart living

June 25-July 2: Bansko Nomad Fest [📍 Bansko, Bulgaria] - for digital nomads, freelancers, and founders in the mountains of Bulgaria

🗺️ TRAVEL

Beaches, Hippy Communes and Coworking: How Goa is Pushing for India to Become a Remote Work Hub

Goa, located on the western side of India is a state long known for it’s beautiful beaches and hippie communes, but now it’s trying to become India’s digital nomad capital.

Goa’s minister of Tourism and IT Rohan Khaunte, launched the new Workation Goa campaign last July and is now spearheading the development of India’s digital nomad visa and hopes to attract remote workers from all over the world.

And there are certainly some draws

• large number of English speakers

• 360% lower cost of living compared to London

• rich culture & lots of travel opportunities

⚡️ WE’RE POWERED BY NOAD

Your home (and your rent) is no longer a reason not to explore the world.

Noad is a give-to-get home sharing community that enables remote professionals to work from anywhere for $10 per night. On Noad, your home is a valuable travel asset that opens doors everywhere.

Think of Noad as a members-only Airbnb for remote professionals, except with reliable workstations and far cheaper.

Use code REMOTEINSIDER at sign up for immediate access!

🌍 WFA JOBS:

Looking for a job that’s not just remote, but that you can work from anywhere in the world? We’ve done the heavy lifting for you. Check out these awesome WFA positions 👇

⭐️ Product Marketing Manager @ Toggl

⭐️ Senior Independent Product Manager/Product Designer @ A.Team

⭐️ Head of Documentation @ Labelbox

📊 POLLS

Do You Think Your Public Library is "Remote Work Ready"?

On Monday we wrote about how public libraries are becoming a remote worker’s best friend and asked you to report on how your local library is responding, and the results were… promising!

🚀 J.B: “My local library has promoted all of these things since before the pandemic. I’m good with working from home but this is one tax I’m happy to pay to help others.”

🚀 B.F: “Our local library branch is about to be renovated to include even more study and meeting rooms.”

📚 C.G: “My library is a great little library -- but it is basically one large open space with tables and chairs, computers, and, of course, the stacks. There's a small used book store in it and a cute children's area; however, to do work there, one would have to be quietly sitting at a shared table.”

Thanks for spending a few minutes of your day with us, we’d love to hear from you!

Please take a second and let us know what you like about the newsletter and if there is anything you think we can do better 👇

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See you all on Wednesday, Cheers 🍻

Today’s email was written by Mitko Karshovski