What do You Need to Thrive in the Gig Economy? Everything to Know

Did you know that as many as one in three American workers are part of the gig economy? That is a 15% increase year over year for the past decade, and the trend is still only growing.

If you’re wondering what do you need to thrive in the gig economy, then you’re in the right place. Keep reading to learn our top four tips for succeeding in the new freelance world.

Many people jump into freelance work for a flexible work schedule. However, this flexibility can be a double-edged sword for many people. Many freelancers find it hard to manage their time  once they start working for themselves.

To succeed in the gig economy, you need to have a schedule and stick to it as much as possible. Yes, working for yourself means you get to take a random weekday off when the fresh powder is on the mountain. But if you do this too many times, then you won’t see the level of success you want.

Working from home can be a draw and a drawback for many freelancers. If you like having people around to bounce ideas off or simply provide a welcome distraction at lunchtime, then working from home can get lonely. However, if you get too distracted at your local coffee shop, then you need to set up a dedicated workspace.

Many freelancers set up a spare bedroom in their home as their new office. Others rent a coworking space, giving them flexibility and some interaction with others.

As you get started working as a freelancer, you will find that your network is invaluable in helping you find your next job. First, start with whom you already know and share with them that you’ve branched out on your own with freelance work. Then take the time every day to make new connections in your industry.

From getting new referrals to landing your next big client, you need to expand your network every day if you want to succeed in the gig economy.

Starting a business is hard, and your gig work is a business. You need to take the initiative as you build your network and establish new clients.

In the beginning, you might have thought it would be fun to run your own company and be the boss. However, as you’ve seen, you still need to work from a schedule, at a desk, and work well with others.

Becoming a gig worker can give you the time and financial freedom you’ve always wanted. It can be incredibly rewarding to build your company and watch it grow. However, you also need to take the necessary steps to ensure success as you branch out on your own.

Stop wondering what do you need to thrive in the gig economy and start building the freelance business of your dreams. For more information, get your free copy of our ebook “The Ultimate Freelancing Blueprint” now.