Imagine making money while you sleep, or perhaps even when you’re not even online. Sounds too good to be true? Well, for many people, it is just that simple and people are earning money by doing online stuffs. The gig economy – a term used to describe the growing popularity of jobs that are flexible, independent and portable – has given rise to a new way of working online. The gig economy allows workers the flexibility and freedom they need to balance other responsibilities such as school or family. It can be particularly viable for parents who may struggle with finding children care during traditional work hours. By adding gigs on top of your existing job, you can make an extra few hundred (or thousand!) dollars per month with minimal time investment. Here’s how…
What is the gig economy?
The gig economy is an umbrella term that covers all types of work that requires little to no long-term commitment. Some forms of gig work include driving for ride-share companies, renting out your home on Airbnb and taking on freelance writing gigs. According to a 2018 report from the International Labour Organization, 35% of the world’s working population is involved in some form of gig work. The report also revealed that the demand for gig workers has grown by around 700% in the last decade. The gig economy has become such a widespread phenomenon for a number of reasons. Its rise is largely attributed to the internet, which allows people to work remotely and contract employees to work for them remotely. It’s also likely due to a general dissatisfaction with the 9-5 work schedule, which many people find too rigid and unfulfilling.
Freelance writing is one of the most accessible and well-known gig work. It’s also one of the most lucrative. When you write articles for online publications, you’re creating content that’s used to attract new readers and generate revenue through advertisements. If you’re a native English speaker, then you’re in luck. The English language is one of the most widely spoken languages in the world. If you’re fluent in English and have writing experience (no matter the subject matter), there’s a good chance you can find a home for your words.
How to get started as a freelance writer
If you’re considering getting into freelance writing, the first thing you should do is get clear about your goals. Are you looking to make a certain amount of money every month? Do you want to make enough to replace your day job? If you want to make a full-time salary from freelance writing, you’ll need to be strategic in where you find work. The best publications to find freelance writing jobs are sites like Upwork, Freelancer and Contently. These sites are often referred to as a content marketplaces. If you’re just getting started, it’s important to set your rates based on your experience level. If you have a lot of experience, you can set your rate a bit higher. If you only have basic experience, it’s best to start out at the lower end of the spectrum.
With the growth of businesses online, virtual assistants have become more in demand. Virtual assistants offer administrative, management and customer service support to clients who are unable to have a full-time assistant. You can make money as a virtual assistant by contracting out your services to individuals and companies online. You can expect to perform administrative tasks such as scheduling and calendar management, data entry, email management, taking and fulfilling orders and more. Virtual assistants make an average of $10 an hour according to a 2018 survey by the Professional Association for Remote Workers.
The blogging industry is expected to grow at a rate of 25% per year, making it one of the fastest growing industries in the world. Many bloggers make money from advertisements on their site or through affiliate sales from products they recommend. You can get started as a blogger by creating a website and finding a topic that relates to your interests. Once you have your site up and running, you’ll want to discover how you can make money from it. Many bloggers make money through advertisements and affiliate links from companies like Amazon.
The gig economy has proven to be a reliable path to making money online for many people. It doesn’t require a lot of upfront work, and you can earn a nice supplemental income on your own schedule. If you’re looking to make money online, consider freelancing or taking on side gigs through apps like Upwork. You can make an extra few hundred (or thousand!) dollars per month and have time to pursue other interests, too.