{"id":13472,"date":"2021-01-04T10:00:00","date_gmt":"2021-01-04T15:00:00","guid":{"rendered":"https:\/\/www.theprofessionalhobo.com\/?p=13472"},"modified":"2024-06-18T07:34:14","modified_gmt":"2024-06-18T11:34:14","slug":"financial-case-study-marc-smith-marc-my-travels","status":"publish","type":"post","link":"https:\/\/www.theprofessionalhobo.com\/financial-case-study-marc-smith-marc-my-travels\/","title":{"rendered":"Financial Case Study: Marc Smith, Marc My Travels"},"content":{"rendered":"\n

Marc Smith began blogging in 2012 on a whim. He had a successful event planning company that wasn\u2019t bringing him any joy and so in an effort to shake up his life he embarked on a \u201c30 day tourist in my own city\u201d adventure blog. It was like adding balsamic vinegar to strawberries; a surprising hit. Over the next two years, Marc closed his event company and ramped up the travel blog. It was first called 30 Day Adventures, but then in 2018 Marc renamed it MarcMyTravels.com to better reflect his travel and adventure style. Today Marc is location independent with is usual home base not on the road being Toronto. Learn more about Marc Smith and his blogging career, income, and lifestyle here! <\/em><\/p>\n\n\n

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How long have you been living\/working on the road, and where have you traveled to?<\/strong><\/p>\n\n\n\n

I was happily based out of Vancouver until June of 2016 until I had to vacate my beautiful condo as the owners were moving back to town. Since July 2016 I have been location independent, dividing my time between \u201cwork\u201d trips and staying with various friends in Toronto and Montreal.<\/p>\n\n\n\n

I have travelled to almost every province in Canada (only Newfoundland<\/a> and Nunavut are missing from my stamp book). I have also spent a lot of time in the U.S., especially Hawaii, Oregon, California and New Orleans. Trips to the UK and Portugal are some of my favourites and in 2019 I went to Thailand for a truly luxe adventure. Elephants, private pools and my own room butler, oh my. 

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Please describe what you do for income.<\/strong><\/p>\n\n\n\n

My income model for Marc My Travels fluctuates but at any given quarter there is a mix of website ad revenue, sponsored posts, freelance articles, brand ambassador deals, consulting fees and speaking engagements. It takes a lot of revenue streams to make it work as some months the streams could be as high as 75% of my monthly revenue or as low as 5%. It\u2019s a revenue roller coaster. I have just recently added affiliate marketing to the mix as well.

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How many hours per week do you work on average?<\/strong><\/p>\n\n\n\n

Greater than 30 but less than 200. LOL <\/p>\n\n\n\n

I am always working even if I am not in front of my computer. I am always meeting people, taking pictures and thinking about what is next. It is not the 9 to 5 I used to have 20 years ago when I was an employee but many of my \u201cworking\u201d hours don\u2019t feel like work to me because they are things I would be doing regardless. <\/p>\n\n\n\n

Is it work having lunch with a friend, taking pictures of the food and then sharing them on social and in a story? It certainly is, I just get to have a glass of wine or two and share it with a friend over some laughs.

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How much money do you make? <\/strong><\/p>\n\n\n\n

I previously shared that my revenue is a roller coaster and that is 100% true. At my lowest over the years I may have earned just over $1,000 in a month but I\u2019ve also earned over $8,000 in a single month. Thankfully as I am location independent my monthly expenses are quite low and as I am often hosted on many of my travels, I have lived quite frugally. It is all about cash flow management.<\/p>\n\n\n\n

Prior to Covid I would say that in an average year my income would be divided up in the following percentages:<\/p>\n\n\n\n