Johnny FD talks about his latest travel adventures and begins by explaining why he loves the value destinations of Sri Lanka and Nepal in South Asia, Ukraine and Bansko, Bulgaria in Eastern Europe, and Lisbon, Portugal in Western Europe. Johnny then goes on to talk about his strategy for building businesses that can be automated, and building (or buying) assets that generate passive income. He debunks the most prominent myths about “passive income”, and describes his tenacious work ethic, morning routine, exercise and nutrition regimen, and explains what it really takes to build functional streams of passive income. He explains how he has now built a dozen streams of passive income that finance his lifestyle and world travel. He breaks down the details of how he does affiliate marketing, how he creates online courses, how he builds audience and monetizes his blog and his You Tube channel, and why he chooses a long-form interview format for his podcast even though it makes him less money. He also gives tips on avoiding “shiny-object syndrome” and spreading yourself too thin. Johnny then talks about his latest course “Income Boss”, who it is for and the value it provides. He then gives specific tips on personal brand building. Next he talks about why he loves travel so much, how he selects his locations, and how he designs his lifestyle. Finally, he explains why he expanded the Nomad Summit to take place twice a year on different continents, and why it now includes an optional post-Summit meet-up for up to a month afterwards and how you can participate. Full Show Notes Available at www.TheMaverickShow.com
Episode #33: Building a Dozen Streams of Passive Income, Expanding the Nomad Summit and Traveling Like a Boss with Johnny FD
Episode Summary
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About the Guest
Johnny FD
Johnny FD is a location independent entrepreneur who quit his corporate job in 2008 to begin traveling the world working as a scuba diving instructor and fighting professionally in the sport of Muay Thai kickboxing. Since then, he’s made hundreds of thousands of dollars building and selling online businesses and has been featured in Forbes, Business Insider, Fast Company, Entrepreneur Magazine, and the BBC. He’s the author of two books about his experiences. The first one is called “12 Weeks in Thailand, The Good Life on the Cheap”, and the second is called, “Life Changes Quick, Simple Tips to Getting Rich, Fit, and Even Finding Love.” Johnny is the host of two popular podcasts – “Travel Like a Boss” and “Invest Like a Boss”. He’s also the founder of the Nomad Summit, an annual event in Chiang Mai, Thailand that attracts over 400 location independent entrepreneurs and digital nomads from around the world. Made $325,000 online in 2016, developed a dozen streams of passive income, and this past year he has just been living off passive income and using it to cover all his lifestyle expenses and finance his world travel.
What You'll Learn
- What it really takes to build multiple streams of passive income online that can finance your lifestyle
- How to travel to the world’s best value destinations and optimize your quality-of-life to cost-of-living ratio
- How to build real, substantive in-person friendships and business relationships while traveling the world
Links From the Episode
Disclosure: This page contains affiliate links. If you click through any links and make a purchase, you should assume that Maverick will receive financial compensation (at no additional cost to you). We greatly appreciate you using our affiliate links because it helps to support the show and cover production costs of the podcast.
LEARN ABOUT JOHNNY’S COURSE “TEACHING THE TECHNIQUES HE USES TO MAKE OVER 200K/YEAR ONLINE”
Use code “MAVERICK” to get $100 OFF
JOHNNY’S COURSES
- Affiliate Marketing for Courses: The Success Secrets!
- Blogging Bootcamp – How to start a Successful Blog!
- Dropship Lab: Secret Drop Shipping Success Formulas!
- Jump Start Success – Dropship Ship Lifestyle – Dropshipping
- Relationship Ready, Meet & Attract Your Perfect Life Partner
- Small Talk Networking: How to Talk To Anyone
NOMAD SUMMIT EVENT JOHNNY FOUNDED
Use Code “FRIENDS” to get 10% OFF tickets to the next Nomad Summit
JOHNNY’s BOOKS
EVENTS MATT AND JOHNNY ATTENDED TOGETHER
LOCATION WHERE THE INTERVIEW TOOK PLACE
PLACE WHERE JOHNNY IS FROM
OTHER PLACES MENTIONED
- Barcelona
- Los Angeles, California
- Paris, France
- Rome, Italy
- Cancun, Mexico
- Playa Del Carmen, Mexico
- Chiang Mai, Thailand
BEHIND THE SCENES OF THE MAVERICK SHOW
MATT’S PRESENTATIONS REFERENCED
CONNECT WITH JOHNNY
Time Stamped Show Notes
[03:10] Johnny Talks About His Top Recent Travel Experiences
- Sri Lanka
- Nepal
- Bansko, Bulgaria
- Ukraine
- Lisbon, Portugal
[17:46] Johnny’s Approach to Building and Buying Passive Income Streams
- The importance of frugality when building businesses
- Investing and “buying” passive income streams
[21:23] Debunking Myths About “Passive Income”
- Defining “passive income”
- Why passive income is real and possible
- Why generating passive income is not easy and takes work
[23:27] Johnny’s Work Productivity Regimen Building Income-Generating Assets
- Johnny’s lifestyle cadence between grinding hard and ‘maintenance mode’
- Johnny’s specific morning routine and day structure
[28:59] How to Do Affiliate Marketing Well
- Johnny’s affiliate marketing strategy
- The Maverick Show affiliate strategy
[33:32] Johnny’s Audience Building and Monetization Strategies
- Creating high quality, substantive content
- Making sure you love what you’re creating
[35:51] Avoiding “Shiny Object Syndrome” and Spreading Yourself Too Thin
- Finish one quality project 99% before starting another
- Choosing to diversify passive income streams
[37:58] What Johnny Believes Makes a Great Podcast
- Monetization Strategies vs. Doing What You Love when Choosing a Format
- The types of listeners that are attracted to Johnny’s podcasts
- The #1 thing Johnny has learned from his hundreds of podcast guests
[42:12] Johnny’s “Income Boss” Course
- Teaching how to really make money through affiliate marketing
- Why affiliate marketing is a long-term game, not an overnight thing.
[44:47] Johnny’s Top Tips on Personal Brand-Building
- The importance of consistency and longevity
- Being transparent, sharing openly and documenting what works
- Creating content on platforms that you love
- Dealing with online negativity and trolling
- Being your authentic self and being comfortable that some people won’t like you
[49:26] Why Johnny Travels and How He Chooses Where to Go
- Johnny’s personal growth realizations through travel
- Getting in touch with his true passions
- Custom designing his lifestyle around things that make him happiest
- How Johnny chooses his travel destinations
- How he structures a multi-month base and does weekend side-trips
[53:52] Expanding The Nomad Summit
- Matt’s experience speaking at the Nomad Summit in Chiang Mai in 2018
- Johnny’s expansion of the Nomad Summit to twice a year
- The #1 reason to attend the Nomad Summit
- The dates, locations and details of the next Nomad Summit
- Building real friendships and real business relationships
- Post-Nomad-Summit extended meetups for a month afterwards
[01:01:59] THE LIGHTNING ROUND
- Johnny’s #1 Book Recommendation
- Johnny’s #1 Tip and Being Focused and Present
- The person with whom Johnny would most like to have dinner
- The #1 piece of advice Johnny would give to his 18-year old self
- Johnny’s Top 4 Bucket List Destinations
[1:04:37] CONTACT JOHNNY
- Listen to Johnny’s Podcast
- Read Johnny’s Books
- Read Johnny’s Blog
- Check Out the Nomad Summit
