Episode #145: Climbing the Location-Independent Business Ladder and Living That Remote Life with Mitko Karshovski

Episode Summary

Mitko Karshovski takes us on his journey growing up in Varna, Bulgaria and then moving to the U.S. at 10 years old and navigating the immigrant experience.  He then opens up about his life path and how he decided to drop out of college to pursue entrepreneurship.  He shares his failures and pivots, how he bought courses, found mentors, created partnerships, and learned  through doing.  He then talks about his path to becoming a digital nomad and reflects on the 5 year journey of full time world travel that he and his wife have been on together.  He shares their travel cadence, lifestyle design, destination selection process, and gives tips for traveling full time with a spouse.  He also talks about Bulgaria as an optimal destination for digital nomads and why Varna, in particular, is so underrated.  He then talks about his concept of “The Business Ladder” and breaks down the steps for location-independent entrepreneurs.  He also talks about his new company, Parable—a membership community that studies real business case studies from 6, 7 and 8 figure location-independent companies.  He then talks about his podcast, That Remote Life, and reflects on the most profound lessons he has learned from his guests. And, finally, he shares his thoughts on the sustainability pillars for long-term world travel.   FULL SHOW NOTES AVAILABLE AT: www.TheMaverickShow.com

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What You'll Learn
  • Why Bulgaria is an Optimal Digital Nomad Destination
  • How to Go from Employee to Freelancer to Location-Independent Business Owner
  • The Key Sustainability Pillars for Traveling the World Long Term with Your Spouse
Links From the Episode

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JOIN PARABLE
(Get a behind-the-scenes look at how people just like you launched and scaled their location independent businesses)

3 BOOKS THAT MITKO RECOMMENDS

TOP 3 FAVORITE TRAVEL DESTINATIONS

TOP 3 BUCKET LIST DESTINATIONS

LOCATION WHERE THE INTERVIEW TOOK PLACE

WINE CONSUMED DURING IN THIS EPISODE

 OTHER PLACES MENTIONED IN THIS EPISODE

CONNECT WITH MITKO

Time Stamped Show Notes

**Click the time stamp to jump directly to that point in the episode.

[2:45] Matt and MItko Discuss Eastern European Wine

[5:14] Why Bulgaria is an Optimal Destination for Digital Nomads

[8:11] Immigrating from Bulgaria to the U.S. at Age 10

[10:08] Growing up in the U.S. with a mixed Bulgarian-American Immigrant Identity

[12:45] Dropping out of College and Becoming an Entrepreneur

[15:40] Mitko’s Entrepreneurial Journey

[22:44] Transitioning to a Full-Time Digital Nomad

[26:37] Mitko’s Travel Cadence and Lifestyle Design

[29:23] What Travel Means to Mitko

[32:01] Tips for Traveling Full-Time with Your Spouse

[35:47] The Steps on the “Business Ladder”

[42:04] Founding “Parable” to Look Under the Hood of Successful Businesses

[46:32] Hosting “That Remote Life” Podcast

[53:20] Sustainability Pillars for a Lifestyle of Long-Term World Travel

[56:53] The Lightning Round

  • Top 3 books that Mitko recommends
  • #1 piece of advice Mitko would give to his 18 year-old self
  • Top 3 favorite travel destinations
  • Top 3 bucket list destinations

[58:51] Contact and Follow Mitko

headshot photo of a man smiling

Mitko Karshovski

Mitko Karshovski is a location-independent entrepreneur who has been an itinerant digital nomad with no base since 2017.  Originally from Varna, Bulgaria, he grew up primarily in Cincinnati, Ohio in the US, and he and his wife have been traveling the world together full-time for the last 5 years.  Mitko is the founder of Parable an online membership community that uses detailed case studies of real-world 6, 7, and 8 figure location-independent businesses to teach people how to build an online business of their own that allows them to live life on their terms.  Mitko is also the host of “That Remote Life” podcast where he interviews entrepreneurs and thought leaders on the topics of business, remote work, and global citizenship.

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