Connect with us

Success Advice

7 Crucial Reasons Why Entrepreneurs Should Pack Their Bags & Travel

Joel Brown (Founder of Addicted2Success.com)

Published

on

entrerpreneur travel private jet

As an entrepreneur you need a very good grasp of the world’s current trends, and the possible route of events that are unfolding all around you. How does this impact your entrepreneurial pursuits?

Well here we feature 8 crucial reasons why you should travel while you can. Better yet, while you are still young.

Read on and share your comments on what you have learnt as an entrepreneur through your adventures around the globe.

 

What Every Entrepreneur Can Learn From Travelling The World

 

1. See the world as it is

Richard Branson is one of the bravest living entrepreneurs today. One of his most interesting words of advice would be to “be watchful“. Watchful of what? Well travelling can open your eyes to many things. It gets you on the ground, you get a feel for the culture as it is, speak the native language, immerse in the societal elements of the very country you are in. Lurking behind these random experiences are business ideas.

Be watchful.

 

2. Importing and Exporting Ideas

The human race might have countless ethnic origins, but they do have some very common needs. When you travel around you see these glaring differences in behavior, customs, ethics, and other things. But you can also see  common grounds where you can build your business model on.

A business idea taken out of its original location where it has already reached a level of saturation can interact with a new market that finds it new and worth the try.

 

3. Cross Cultural Improvement

A travelling entrepreneur sees the world in a viewfinder. It allows him to enhance his business instincts and form interesting business ideas that go above and beyond what he sees every day. Travelling allows for new experiences, a new take on activities that are often taken for granted back home.

An entrepreneur who travels a lot can also see a better way of doing things. This too can become a business framework for your business ventures later on.

 

4. Find Fulfillment and significance

Travelling can also motivate entrepreneurs to address a pressing social issue to places that they visit. Will and Chris Haughey where inspired with their toy company Tegu with Honduras’ staggering poverty. It pushed them to action and enabled them to create one of the most innovative wood block toy ideas to date. Their entrepreneurial success is complimented with a sense of fulfillment that knows no monetary value.

 

5. Learn New Things

A travelling entrepreneur must avail themselves to new ideas. The worst thing that they can do is to have a closed mind and just “sniff” around the local scene.

Shunryu Suzuki once said “in a beginner’s mind there are a lot of possibilities; in an expert’s mind, there are few“. A budding entrepreneur must travel while they are still young or young at heart, a novice in his entrepreneurial journey. Being “young” can refer to one’s physical age, or it can also refer to your years of experience in the business world.

 

6. Create business value

Travelling the world is exciting. As an entrepreneur, this excitement has a unique dimension – seeing the world through a different lens. This can mean having a better perspective while handling your business, its processes and its selling points.

Kenneth Cobonpue is a well traveled young entrepreneur. Through his education in the US and Germany, he was able to provide new value to local materials for his furniture business based in his home town Cebu, Philippines. He was able to redefine modern furniture by putting in new value to traditional furniture making and materials.

This is just an example of what ideas where created by an entrepreneur while travelling and channeling his experiences into his business development.

 

7. Re-evaluation of business practices

As an entrepreneur, you already have instituted ways of managing your business. By travelling around the world, you will be able to reassess these practices objectively. This can be about your employee benefits program, organizational development interventions, leader succession programs, even advertising and marketing.

By going around the world you pick up little inputs that can do a lot for your business back home. You really cannot improve things without any point of reference of what it could and should be.

———————————————–

Right now I am in Bali, Indonesia. This country has opened my eyes to what is going on out here in the real world. This country is so beautiful yet so full of people just scraping by in life on the streets.

We barter with them over shoes and clothes, some shoes and watches sell for 20 USD, to them this is a lot of money. To us it is not much at all. Their average Cars cost $15,000 USD and they make around $50 a day at most, some not even $10 a day so buying a motorcycle for a family of 5 is all that they can afford in their lifetime. These people are living in bad conditions selling on the street and creating anything they can for a loose dollar or two in our money, yet they put their skills to work creating and replicating things that western companies create and sell for 100’s of dollars.

This shows you that no matter what situation you are in, if you are resourceful enough, you will find a way to make it through life.

 

Travel Quotes To Live By:

“Twenty years from now you will be more disappointed by the things you didn’t do than by the ones you did do. So throw off the bowlines, sail away from the safe harbor. Catch the trade winds in your sails. Explore. Dream. Discover.” – Mark Twain

“Travel is more than the seeing of sights; it is a change that goes on, deep and permanent, in the ideas of living.” – Miriam Beard

“We live in a wonderful world that is full of beauty, charm and adventure. There is no end to the adventures we can have if only we seek them with our eyes open.” – Jawaharial Nehru

“To my mind, the greatest reward and luxury of travel is to be able to experience everyday things as if for the first time, to be in a position in which almost nothing is so familiar it is taken for granted.” – Bill Bryson

“Do not follow where the path may lead. Go instead where there is no path and leave a trail” – Ralph Waldo Emerson

“I have found out that there ain’t no surer way to find out whether you like people or hate them than to travel with them.” – Mark Twain

“Once you have traveled, the voyage never ends, but is played out over and over again in the quietest chambers. The mind can never break off from the journey.” – Pat Conroy

“What you’ve done becomes the judge of what you’re going to do – especially in other people’s minds. When you’re traveling, you are what you are right there and then. People don’t have your past to hold against you. No yesterdays on the road.” – William Least Heat Moon

I am the the Founder of Addicted2Success.com and I am so grateful you're here to be part of this awesome community. I love connecting with people who have a passion for Entrepreneurship, Self Development & Achieving Success. I started this website with the intention of educating and inspiring likeminded people to always strive for success no matter what their circumstances.I'm proud to say through my podcast and through this website we have impacted over 200 million lives in the last 10 years.

Advertisement
8 Comments

8 Comments

  1. Robert Bright Salijeni

    Apr 7, 2015 at 7:04 pm

    This article is very true. Travelling is learning in another form. Have travelled a lot so far and have learnt a lot from the people of the various countries I have been into and last year, December I interacted with a successful businessman from Scotland in South Africa and after our chat, I managed to convince him to be the distributor of his products. This is happening and soon enough I am opening a new company. Thanks to travelling.

  2. kausarbilal

    Sep 8, 2013 at 6:43 am

    Loved your wise idea, Joel. Though I am not an entrepreneur but a writer, but I can imagine how traveling is benefiting and enriching for all of us personally and professionally, no matter who we are. Thanks for your great article.

  3. Dubem Menakaya (@dmenak)

    Aug 31, 2013 at 9:22 pm

    Great article! I yearn to travel abroad yet can’t afford it and am currently starting my business at the moment. However this is advice I’ll definitely take with me when I finally make that trip

  4. Tuna Guclu

    May 13, 2013 at 1:53 pm

    Opens your horizons & better appreciate what we have or even better learn from the world & improve, a world of opportunities, the more you see the more you learn.

  5. dboose33ion

    May 2, 2013 at 1:52 am

    I appreciate your insight. Traveling has always helped to push me forward in thinking and in action.

  6. M & S

    Feb 18, 2013 at 6:31 pm

    Yes, travelling is food for the mind

  7. Kumar Gauraw

    Jul 5, 2012 at 4:30 pm

    This indeed is an awesome post. Many times travel is what is needed for an entrepreneur to expand their vision thus expanding their business.

    My business took off when I started to travel. There is a magic in traveling for business. Mark Twain’s quote is the best of the lot from the quotes section.

    Very well written post. Enjoyed it very much. Thanks!

  8. joe

    Feb 23, 2012 at 4:43 pm

    You can see worst condition in Indonesia then Bali. I am 19 YO enterpreneur. I am so conserned to my country that is enterpreneur-less, as I know we only have about 0,27 percent or less of enterpreneurs. I dont know where and how to awaken enterpreneur desaire to many young man like me, I need your help!

Leave a Reply

Your email address will not be published. Required fields are marked *

Success Advice

5 Ways To Prevent Burnout & Still Be Successful

Published

on

how to prevent burnout
Image Credit: Pixabay

How often have you felt like time is going by so fast, and you wish it could just slow down a little so you could be more accomplished? With technology expanding faster than ever (and only increasing with speed), it can feel like a race toward success. The good news is, that is only a thought running amok in your head that’s not true. In fact, last year the United States alone added 250,000 new millionaires. (more…)

Continue Reading

Success Advice

Why Investing in Yourself Is the Best Investment You Can Make

Published

on

invest in yourself
Image Credit: Unsplash

Ambitious professionals can increase their workplace value and relevance by taking charge of their career development. Not long ago, employers helped loyal workers build their careers. Today – as it grows more common for workers to job hop – employer-provided career development is becoming increasingly difficult to find.  (more…)

Continue Reading

Success Advice

3 Time-Effective Strategies That Twitter’s CEO Jack Dorsey Uses to Maintain a Healthy Lifestyle

Published

on

how jack dorsey maintains a healthy lifestyle
Image Credit: Art Streiber

Time is scarce when you’re running an enterprise. However, being healthy is essential to withstand the pressure a CEO experiences. When you’re running against the clock, it is not always easy to make time for healthy eating and exercise. (more…)

Continue Reading

Success Advice

5 Ways to Magnetize Your Audience

Published

on

how to magnetize your audience
Image Credit: Unsplash

You’re putting yourself out there, which is brave. However, like many business owners, executives, and speakers, you may be struggling with this one question running on repeat — “How do I get them to…” (fill in the blank). That could be anything from, “buy my course”, to “pay attention to me”, to “listen to what I have to say”, and so many more. Regardless of what makes you nervous speaking to your audience, you’re not alone. (more…)

Continue Reading

Trending