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Last Updated on by Noni May
Usually, business and travel don’t go together. Sure, there’s the odd trip that lets you soak in the sights while making money, but they are rare. As an entrepreneur or an employee, you will have to decide whether you want to travel or launch an enterprise. Anything else is impractical or unrealistic.
So, when you hear that a sense of wanderlust is essential to success, you will be surprised. “But I thought…” Forget conventional logic because the truth is you can boost your company by embracing your love of traveling.
Continue reading to find out why you should indulge your travel bug.
Now, you’ve traveled before, and you were focused on one thing – partying! Everything else was an afterthought. However, you’ve never worked and traveled simultaneously, and that’s an important distinction. Exploring the world when time is on your side is straightforward because you never have to make sacrifices. When you’ve got to punch in regularly, you must follow a routine to ensure you can burn the candle at both ends. As a result, you’ll learn how to focus on your work habit and be productive. This Entrepreneur graphic shows there’s no better motivator to complete tasks than mixing experiences with a routine.
Speaking of your horizons, it’s essential that they are pretty broad. Without creative and innovative ways to tackle problems, your business may lose its market share. Hard work is vital, yet it’s only the first step. To continue on your journey, you require a new, unique perspective. Whether it’s recruiting employees or starting new management practices, travel cooks-up incredible insights that you can implement into the company. You may, for instance, know how to plan vacations or collect air miles and use the knowledge to sell a service.
Corporate perks and programs begin with the bosses. If you know how essential travel is, you’ll likely include it within a reward scheme. Yes, it may seem over the top compared to a free gym membership, but it isn’t. With the help of MTI Events, it’s possible to send workers on a travel incentive scheme that they’ll never forget. The knock-on effect of this is that they’ll work twice as hard to secure a place on the program. A competition between a company car or health insurance and a free trip to Europe isn’t even a contest!
Travel is cheap. You read that right – travel is cheap. Although it’s hard to believe, the living costs abroad are less expensive than in most developed coffee. A cup of coffee in Starbucks is $5! Plus, like working from a coffee shop, it’s not as if you require office space and plenty of employees. You can perform the day to day running of the firm from a beach in Southeast Asia as effectively as you can from your living room. The only difference is that you won’t spend as much once you land in Vietnam or Malaysia.
How do you combine wanderlust and running an SME?