Many Millennials are struggling to make ends meet, and subsequently turning to the ever-emerging gig economy to make that happen.
But what is the Gig Economy? It is described as an environment in which temporary positions are common and organizations contract with independent workers for short-term engagements.
When I say short-term, I really do mean short-term. There are websites much like Fiverr that offers a variety of short-term gigs that are five dollars each and take up to a half an hour to complete.
According to a study by Intuit, by 2020 40% of American workers will be independent contractors as the workforce becomes increasingly mobile and work can be done from anywhere. Job and location are not one in the same any longer and workers can take projects from around the world.
So why should you get in on the action?
You’ll determine your own hours.
Everyone wants to make their own hours and with microgigging you get that option. Maybe you’re most productive in the middle of the night at a 24-hour Starbucks. Or maybe you’d rather work in the middle of the afternoon and sleep in all morning. As long as you’re completing projects, you’re in the clear.
The fun of being an entrepreneur without the stress.
You’ll get to experience what it’s like to run your own business without having to deal with all of the small stuff. You’ll never have to worry about your employees, or picking out a store front. Because it’s just you supplementing your income with small projects, instead of a full blown business effort.
Gives you the opportunity to buff up the resume.
Say you want to make the transition from retail to content writing, or you really want to get your graphic design career off the ground. Microgigging gives you a few small jobs to put into your portfolio so that you can get those larger jobs later on.
Puts some coins into your rainy day fund.
When you’ve already established yourself on a website like Elance or Fiverr, you can worry less if something should happen to your job. In an ever changing job market, these sort of things happen. If you’ve already got supplemental cash flow coming in regularly, it can make the transition between jobs a little less worrisome.
Do you have questions about microgigging and how it can help your career? Have a conversation with our lead coach Rebecca Sargeant to see what gigs are best for your career transition.
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