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I Run a Business Abroad. It's Cheaper to Scale It ... - Business Insider
Ryan Garrido runs a business and travels the world as a digital nomad. Courtesy of Ryan Garrido 2026-05-03T11:54:01.294Z Ryan Garrido runs a dropshipping business while living abroad to reduce costs. His savings on daily expenses helped him get his business off the ground. He said it's worth it, but accepts that there are tradeoffs to living abroad as a business owner. This as-told-to essay is based on a conversation with Ryan Garrido, the owner of Dropshipping High Ticket, a dropshipping business that he runs while traveling the world. Garrido, 37, started his company while living overseas. The following has been edited for length and clarity. I think the definition of an entrepreneur is someone who takes risks. In America, you might be thinking, "OK, I have enough to break even. I can pay my rent, I can pay my bills, I can pay for groceries, my gas, and I'll have $20 left over."But what business are you going to do with $20?When you have excess funds, you can take risks, and I think that's the common issue with people living in America. There's no room to take risks because there are no additional funds.Had I tried to have a business in the States, the cost of living might have kept me from taking the leap. So the fact that I was able to not have my daily costs be such a burden — my cost of living is 10% or 20% of my income at this point in Thailand, it's very minimal — allows me to fully invest in the company, to scale up more advertising, and just to do it in the first place. You also broaden your horizon dramatically when living abroad because you start to see other cultures and how they do things versus how we do things.I got into dropshipping while traveling the worldBefore I moved abroad, I had a sales job in the US — I was doing B2B sales and door-to-door sales in DC. I was recruiting and had a team of guys that I was managing. Then I discovered meditation and wanted to study it full-time, so I left the country to go study full-time in South Korea.A friend of mine was traveling all over the world, doing speaking events and posting them on Facebook. I messaged him one day and asked what he was doing. He said he did high-ticket dropshipping, and he had a course. I think it was $1,000 at the time, so I bought his course in 2019 and have been running my store since then.Dropshipping is a business model where you have a website, and when the customer places an order from you, you go to the manufacturer, give the order details to the manufacturer,...
Local Presence, Global Freedom: Using Micro-Registration to Strengthen ...
This panel teaches location-independent professionals how to create a compact, legal "local presence" that solves three nomad pain points: meeting visa income proof, opening reliable local ...
Discover how Wise and Revolut are going global, opening ... - Facebook
Discover how Wise and Revolut are going global, opening doors for e-commerce and digital nomads. Plus, explore attractive European digital nomad visa opportunities.
Digital Nomad Trader: A Beginner's Guide to Get Started
Becoming a digital nomad trader allows you the freedom to live anywhere, travel anywhere, and work from anywhere.
