The Millionaire Market Of The Digital Nomads

The Millionaire Market Of The Digital Nomads

The main reason for Johannes Voelkner to found Nomad Cruise in 2015 was to combat loneliness. As a digital nomad who had been traveling for five years, he was well aware of the problem, having always struggled to meet people in new places by starting from scratch.

The inaugural mobile conference tailored for digital nomads is known as Nomad Cruise, embarking on journeys through stunning global destinations, where it seamlessly blends skill-sharing, networking opportunities, and joyful celebrations.

“Once we arrive at the new destination, many people end up traveling together, and we organize reunions in beautiful destinations to build and foster this community,” he says. 

Voelkner not only effectively takes care of the problem, but also generates income. His earnings are derived from brokering agreements with cruise lines and incorporating unique onboard travel experiences and activities tailored to both novice and experienced long-haul travelers. He expects an impressive 600 people to participate in the upcoming transatlantic cruise and has generated nearly 2 million euros ($2.13 million; £1.72 million) in revenue to date.

Virtual Educators

Rowena Hennigan, a leading authority on remote work and digital nomadism and ambassador for Boundless Life, a company that provides educational services to families of digital nomads, claims that the business is still in its infancy and that there is a huge opportunity for multiple entrepreneurs.

“If you can cater and offer a service to a digital nomad by default, you also capture a related and bigger market, that is the remote workers who may travel time-to-time, the workcationers and the part-time or try-it-out nomads,” says Hennigan. “Essentially, any remote worker could try being a digital nomad, dipping their toes in the water of taking their work on the road.” 

Phuket's Coliving Space Is Attracting Digital Nomads With Low Prices Starting At $780/Month
Coliving Space for Digital Nomads in Phuket

Making Money Online

Social media provides a powerful, centralized platform to engage with digital nomads as customers scatter across the globe.

The 35-year-old businesswoman, Andrea Valeria helps digital nomads find remote jobs. Valeria, a remote jobs expert from Panama who currently lives in Mexico City, focuses on entry-level workers, a group she believes is underserved or even ignored.

“Back in 2015 when I landed my first remote job in HR, there weren’t any content creators talking about this, so I just had to figure it all out on my own,” she says. “I want to be the solution people can turn to when they want to get started and have no idea how to do it.”

Similarly, 41-year-old money and life coach Meghann Reilly advertises her nomad-focused services on social media. “My clients are people with big dreams who want to figure out how to use their money to create everything they want in life,” she explains. “This is often people in the corporate world who aspire to travel more, start businesses and have more flexibility in their schedules.”