Per Google search – A gig economy is a free market system in which temporary positions are common and businesses contract with independent workers for short-term engagements. The term “gig” is a slang word meaning “a job for a specified period of time”.
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Gig Money – How To Live The Gig Life
Here’s How Google Defines The Gig Economy
Per Google search – A gig economy is a free market system in which temporary positions are common and businesses contract with independent workers for short-term engagements. The term “gig” is a slang word meaning “a job for a specified period of time”.
Here’s a fun fact about Google and the gig economy – Google now has more gig workers on their payroll than full-time employees.
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But wait, there’s more. Back in 2017, the CEO of Intuit said “the gig economy is now estimated to be 34% of the workforce and expected to be 43% by the year 2020”. Furthermore, it’s predicted that the “gig economy” will simply become “the economy”, as hundreds of millions of micro-businesses will replace hundreds of millions of 9-5 jobs.
If you look around, you’ll notice that there are gig workers everywhere. They shop for people, deliver food to people, drive people around and do just about anything else you can imagine.
And here’s an even stranger truth: these days you can become a complete hermit and literally never leave your home. Live ever. And you can do that because gig workers are available to do everything you need.
Here’s My Definition of The Gig Economy
You do small, short-term jobs (gigs) for businesses. The gigs are profitable for you. And when you finish a gig, you forget about it and move onto something else.
You are not married to anything. You don’t deal with an idiot boss, annoying co-workers, annoying customers, company politics, stupid meetings, off-shoring, salary-pruning, cost-cutting or any of the other typical business drudge.
You do a gig. You get paid. You walk away. And you do it all on your own schedule, at your own pace and your own way.
It’s NOT a full-time endeavor, second job, part-time job or any other type of employment.
It’s a gig. You only do the gigs you want. You always get paid what you want. And when the gig is done, you move onto the next one…whenever you want.
In the gig life, you and only you decide what work you’ll do, when you do it and how much you’ll be paid for it. It’s freedom 101.
Here’s The #1 Reason Why You Should Be Doing Gigs:
You Never Know When You’ll Have To Rely On Them
Look, I don’t need to do gigs. I have well-established businesses online and have been earning my living from them for over 20 years.
But since 2005, I’ve regularly done gigs too.
Why?
Because you never know when you’ll have to rely on them.
Jobs get lost. Products stop selling. Businesses close. Traffic disappears. Divorces happen. Medical bills popup. And the list goes on of how your income can suddenly disappear or dramatically be reduced.
When that happens, panic sets in and stress begins.
But if you’ve been regularly earning gig money, it doesn’t. You know that you have gigs to fall back on. Gigs that are a proven and reliable way to generate just about any amount of income you need.
Gigs are like a financial security blanket. A backup plan that you can tap into on-demand.
Doing Gigs Is Waaaayyy Easier Than Selling Stuff Online
and You Can Keep Your Full-Time Job Too
Selling any type of product online, whether it be physical or digital, is hard. There’s a lot of stuff you need and even more you need to know.
Graphics, video, copywriting, payment processors, email services, web design, sales funnels, organic traffic, paid traffic and on it goes. Those are just some of the things you’ll need to have (and know how to use) to sell products online.
But the gig life doesn’t require any of that stuff. In fact, most of the time gigs are landed, completed and paid using nothing more than regular email and PayPal.
And let me say it again: gigs are not a full-time endeavor, second job, part-time job or any other type of employment.
You do them because you enjoy doing them in your free time. It just so happens that you’re getting paid for them as well.
With gigs, you don’t have the stress, urgency or expense of “starting a business”. You’re just doing small, short-term gigs for others. Gigs that start to add up. And gigs that typically bring in income far faster than “starting a business from scratch”.
Get Paid For Figuring Out What You Want To Do
Here’s something I hear on almost a daily basis. Someone hates their job, is bored with their job or has no job and wants to start making money online, but they have no clue what they want to do or sell.
Do gigs instead.
First, it’s a way easier and faster way to start making money online. And that’s an important step. Because once you taste your first online dollar, your insecurities fade and you become hungry for more.
And second, you’ll find out in a hurry what you love doing and what you hate doing. If you’re looking for direction for what to do “full-time” online, gigs will be your compass.
For example, maybe you’re thinking about being some type of coach or mentor. Do some gigs first, where you coach or mentor people over the phone. Maybe you find out this is what you were born to do. Or maybe you find out that people suck and you hate talking to them.
Either way, by using gigs, you’ve been paid to find out what you’d love to do or will want to avoid when it comes running a business online.
Use Gig Money To Finance Anything
What you do with your gig money is up to you.
You might earn $25 for a gig, $250, $2,500 or more. It all depends on you, the gig and what it entails. There are plenty of people out there earning 6-figures a year doing gigs. But to me, that’s when the gig life becomes more like a job and not something you’re doing because you enjoy it.
I typically use gig money to finance equipment purchases. For example, I’m typing this right now on a 2019 iMac bought and paid for with gig money. My previous iMac was 7 years old and I needed a new one. But iMacs are expensive. So I did some gigs and used the money to buy a new one.
Maybe you want to use gig money to pay off bills, invest in something, take a vacation, buy a camera or cover your mortgage…again, what you do with your gig money is up to you. They key point to remember is that it’s there for you…and you earned it doing something you enjoy.
Oh, just to show you that I’m not full of crap about this gig life stuff, here’s a look at the payments I’ve received for some recent gigs I’ve done:
Let’s Be Clear On This From The Get-Go…
The Gig Life Is Not a Full-Time Business, Job or Life Event
And It’s Not About Driving For Uber or Delivering Groceries For Instacart Either
Hey, if you want to drive people around, deliver groceries or pick up other people’s dog poop, those are all fine gigs. But they’re tough to earn a decent profit from and aren’t exactly sustainable. So Gig Money isn’t about any of that stuff.
It’s not about starting a business either. Starting a business requires a lot of time, money, stress and then even more stress. It’s not fun. The gig life is the exact opposite. It requires little time, no money and there’s no pressure or urgency to hit goals or milestones.
It’s also not about making a major life change. In Gig Money, I’ll show you how to keep your existing job and starting profiting from gigs that you enjoy doing in your free time. Read that again – in your free time. You do gigs when you want, they are not something you’re chained to every day.
And it’s not about earning or replacing a full-time income. That’s what people do by trying to go all-in and become full-time “freelancers” (where 99% of them eventually fail). In Gig Money, you’ll learn how to focus on small, occasional gigs that add up over time. No stress. No burnout. No selling your soul for pennies.
Here’s a closer look at what you’ll learn inside Gig Money:
Where To Find Gigs
It’s the biggest question of all. And also the one that most people totally screw up because they go to “freelance sites” looking for gigs. Here’s a free secret – those sites are like the Craigslist of the gig world and the last place you’ll ever want to go. Instead, I’ll lay out the step by step system for you to follow so you’ll always have more gig opportunities than you can handle.
The 2 Types of Gigs To Do
The types of gigs that you can do are literally endless. You name it and there’s a gig for that. But with gigs, more often than not you’re trading time for money. So you need to make sure that you’re going after the most profitable gigs. And those types of gigs come in two flavors. In this section I’ll share what those are and which types of gigs you should always avoid.
The 2 Types of Clients To Work With
When you’re doing gigs, you’re going to be dealing with people. And just like some people are better than others, some clients are better than others. If you want to be happy and successful in the gig life, there are only two types of clients you’ll ever want to work with. I’ll tell you how to spot these clients a mile away, so you never end up getting involved with gigs you regret.
What To Charge For Gigs
When you follow what I teach, doing gigs will be enjoyable. Maybe so enjoyable that you’d be happy to do them for free. But the gig life isn’t charity work and you need to be compensated fairly for your time. Here I’ll lay out the exact formula to use to make sure that you’re always earning exactly what you want, for every gig that you do.
How To Get Paid For Gigs
Unless you’re doing gigs through a “freelance site” (which I never recommend), it’s going to be up to you to invoice your clients and have them pay you directly for your gig work. So what’s the best way to do this and the best way to ensure that you always get paid promptly and in full? Relax, I’ve got you covered. I’ll show you exactly what to do in the training. It’s how I get my own invoices paid in hours instead of days or weeks.
Gig Growth
This is for all of the over-achievers out there, who want to earn more than the average person living the gig life, maybe even six-figures a year. In this section I’ll show you how to scale your gig empire, including tips, tricks and warnings on the potential issues you’ll run into. In a nutshell, if you want to be doing multiple gigs each and every day, this section will be for you.
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