Tagged: Gig Economy

50% of All Workers Are Part of The Gig Economy. Should You Be, Too?

The gig economy, also known as  portfolio work, is the way many people are earring a great living.  They work for themselves, lining up sequential jobs or multiple small jobs at the same time.

Many workers want full time gig work to create a balance between work and other aspects of their lives and many more earn extra money doing something they love.

Make Your Own Schedule

Here are 10 ways that young workers can benefit from this lucrative segment of the economy.

  1. Your work hours can be flexible.  If you’re a night owl you can shift your work hours to match your biorhythms or use time off for interviews.
  2. You may be able to work from anywhere.
  3. The jobs you take on can be different from each other, allowing you to gain experience in a variety of aspects of your trade.
  4. Many jobs are short term or could be one project long.  If you don’t like an employer or a task, you know that there is a defined end to the job.
  5. Gig work is an opportunity to try out a career that you’re not certain is the one for you.
  6. Within industry standards, you get to set your own fees.  As you gain experience your income can rise rapidly.
  7. Think of  gigs as a paid internship.
  8. You can vary the kind of job you look for to round out your portfolio and create great resume material.
  9. Gigging builds a network. Each contact and person hiring you is a potential recommender and reference.
  10. Portfolio work forces you to learn how to promote yourself and sell your skills to anyone hiring.  You need  to understand how to do this even more when ready to work full time for one company or individual.

 Call or text 610-212-6679; stephanie@accessguidance.com

3 1/2 Tips For Starting Your Gig or Side Hustle

Most of us will work for ourselves at some time during our working career.  Self employment could be a foray into a new career direction or a way to add to your income.  Perhaps the gig could be your summer job in college.  However you find yourself considering starting a part-time or short term, career try-out or side income stream, follow these tips.

1. Investigate whether there is a market for your services.  Check to make sure the market isn’t saturated and that there is enough additional demand to support another provider.   Differentiate your self by finding an under-served sector of the market.  Perhaps you could work overnight if you do so remotely.  Ascertain that you can earn enough through the gig to cover expenses, including your time.

2. Are you ready to start now?  You need to have the qualifications, materials, time and energy to launch your gig with out undue delay.

3. Is your gig timely?  Are customers or clients looking for what you offer right now?  To persuade customers that you can provide value, you must convince them that they actually need what you are offering.  If the service is new, its part of your job to market the need as well as the product.

3.5  Choose something that you will enjoy doing.  When you don’t like something about the gig: the job itself, the hours, the customers, or something else, its unlikely that you will serve your customers and yourself well.

Lets explore ways you can get into the gig economy with the skills and motivation you have now!  stpehanie@accessguidance.com or 610-212-6679