Earning GOOD Money Through Jobs in the Gig Economy: The Proven Guide

The gig economy has transformed the way people make a living. Here are the top choices for gig workers wishing to earn extra money, including primary and secondary revenue streams.

Millions of employees across the world experienced hardship in 2021 as a result of job losses. Long after the virus has disappeared, COVID-19’s economic effects will undoubtedly still be felt.

People are becoming aware of the following.

● Even if you excel at your job, you still risk losing it.

● A serious risk is having only one source of income.

● Getting government assistance takes time.

Millions of people have benefited greatly from the gig economy throughout the pandemic, despite it not being a perfect answer. People desire competitive wages and flexible, on-demand employment.

Regular job benefits, such as health insurance, 401(K), etc., are typically not offered to gig economy employees because they are usually categorized as independent contractors. Additionally, gig workers are in charge of covering their income taxes.

The Best Jobs in the Gig Economy

An Internet Freelancer

Online, there are a variety of gig jobs that include finishing little tasks for meagre compensation. This could consist of tasks that take a few seconds or minutes to accomplish, such as short surveys, spreadsheet cleanup, data collection, amending product listings, and various other tasks.

These tend to be the simplest gig economy jobs, perfect for those few moments during the day when you’re standing in line to pick up your child from school or riding the bus to work. Save these low-paying jobs for times when you have few other opportunities to make money.

Proofreader

Before something is published, a proofreader reads it to check for typos, spelling, and punctuation mistakes. Independent proofreaders provide this service to writers, journalists, website owners, and other companies.

A proofreader describes how she fills a niche and makes $1,000 per month proofreading part-time. She edits court reporters’ transcripts. Other profitable proofreading specialities are legal transcripts, academic papers, print media, and translated publications.

Grocery Shopper

Being a personal shopper for groceries is a little different from the other jobs. Along with delivering the delivery, you also visit the store, locate every item on your customer’s list, and buy them.

Compared to other delivery jobs, this one involves greater interaction with the client. You must notify your customer if you need to substitute an item or can’t locate an item. The increased degree of service required offers the potential for larger gratuities, but if you’re not mindful of your time, it might also mean a lower hourly wage (and more annoyance). One of our readers gives his greatest advice for maximizing income from Instacart after earning over $4,500 in just two months with this gig work.

Virtual Assistant

The market for virtual assistants (VA) has also expanded quickly in recent years. The overall market was estimated to be worth $2.58 billion in 2019 and is projected to grow to $6.27 billion by 2025, so there is still time to profit from the need for virtual assistance. Soon after starting her VA business, one woman was earning $3,000 per month.

Data input, scheduling appointments, and travel arrangements, as well as writing blog entries, are all jobs that virtual assistants perform for businesses. As an independent contractor, you have the freedom to choose the services you provide. There are several virtual assistant firms that recruit remote VAs if you don’t like the thought of finding your own clients and maintaining the back end of a business.

Freelance Writer

I was brought up to believe that all authors lead a life befitting a starving artist. But it turns out that’s completely untrue. Many writers earn a good living from their work, particularly those who write about personal finance, real estate, or technology.

The only choice for writers is not to write books. Large businesses with substantial marketing expenditures pay independent authors for their content. The majority of gigs you’ll discover pay by the word, and for 1,200 words, I’ve heard authors charge up to $0.50 per word. For one piece, that amounts to $600. Here are a few more of the highest-paying specialities for freelance writers.

A Local Host

Although there were many gig businesses before what is now known as the gig economy, few have achieved the level of recognition that Airbnb has. Property owners were sitting on a gold mine when discretionary spending began to revive following the 2008 recession, thanks to a smooth user experience and an insatiable demand for short-term rentals.

Since then, rivals and offshoots have appeared, resulting in the development of a whole ecosystem for hosting your house, a specific area in your house, or even just your couch — and turning such spaces into a significant source of revenue. (Learn how a 37-year-old guy from Athens, Georgia, earns $34,000 a year by renting out his home.) Be cautious about doing your homework before offering up your place because local rules and regulations may differ.

Developer

According to experts, the demand for skilled web developers will increase by 8% between 2019 and 2029, driven by the popularity of mobile web search and eCommerce. If you’re not in the field, the language used in web development can be perplexing.

To create and construct software products, developers must be proficient in several programming languages. Usually, you’ll focus on either the front-end (what a user sees when they visit a website) or the back-end of a website (what makes a website and its features function properly).

During the early stages of my freelance career, one of the first gig economy gigs I tried was web development. By enrolling in an online course or coding boot camp, you may learn the fundamentals of numerous languages and begin submitting bids for jobs on freelance marketplaces like Upwork and Fiverr.

Transcriber

You listen to audio recordings during transcription and then type them into written reports. Typically, transcription assignments are compensated by the audio hour. You get paid a certain amount of money for each hour of audio you transcribe.

Higher rates are paid for legal and medical transcription than for general transcription. There is no minimum typing speed requirement, and no certification is required. Although some employers need a minimum word per minute (WPM) score, you can take an online typing test to check your score and make improvements.

Graphic designer

The field of graphic design has several facets. Depending on your qualifications and expertise, you might freelance as an illustrator, website designer, brand consultant, or even sell social media templates to bloggers and small business owners.

The key to succeeding as a freelance graphic designer, like many gig professions, is to study the fundamentals, which you can accomplish by enrolling in design essential classes on CreativeLive, and then practising them repeatedly until you become an expert.

However, you do not need to wait until you are a master before charging for your services. On freelance websites, you can find small jobs and one-time design assignments to earn money while honing your craft.

Babysitter

Babysitting is a traditional gig economy job that isn’t exclusively for teenagers and college students. In reality, a lot of parents prefer that others watch their children. Websites for babysitting are excellent places to start.

Thankfully, finding babysitting jobs isn’t as difficult as it once was. You no longer need to advertise on Craigslist and hope the person who responds isn’t a serial killer hiding in plain sight. You can register and interact with families who share your preferences on websites for babysitters.

Although these apps are excellent, don’t ignore recommendations from friends and family. The best opportunities don’t always come from outside your network.

Photographer

You may assume that as smartphone cameras improve, demand for photographers will decrease. However, owning a nice camera does not automatically make you a photographer. As a result, there is still a high need for skilled photographers, particularly if you can identify the perfect niche.

The majority of aspiring photographers begin their careers taking portraits of loved ones and weddings, but you can earn more money as a freelance photographer by taking on jobs for companies and other professionals. My friend last year launched a brand-new photography company. He specializes in photographing real estate and uses a drone to get aerial views of huge sites. He can charge more for each job because businesses have more finances than people.

Selling stock photos online or transforming your photos into works of art and selling them on canvases, apparel, or household items are other ways to earn money with photography in the gig economy.

Last Thoughts

A satisfying, lucrative, and consistent source of income is possible with gig employment. However, be sure you complete these four tasks before entering the gig economy.

  1. Build up your network.
  2. Organize your freelance money using a method.
  3. Don’t depend only on the money from your gigs.
  4. Find a hobby you like.

Resources:

●    BEST 5 FREELANCING MARKETPLACES FOR REMOTE WORK IN 2022

●    THE 5 STEPS APPROACH TO BECOMING A SUCCESSFUL FREELANCER

●    Thriving in the Gig Economy

●    Four Ways To Succeed In The Gig Economy

●    What is the Gig Economy & How to Thrive In Its New Landscape

●    10 skills you need to thrive in the gig economy

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