Freelancers, also known as the gig economy, are rapidly becoming the norm.
Millennials are leading the charge and companies such as Uber, Postmates and Google Express are thriving.
The benefits of freelancing are: flexibility, control and convenience.
The cons are: lack of a steady paycheck, no benefits and minor predictability.
Some call it a side hustle, but with pensions/retirement disappearing faster than Google+, the reality is everyone should freelance at something.
Freelancing is essentially selling yourself. News flash: college/degrees don’t prepare you for the real world, so figure out your strengths and start getting paid for them.
Millionaires typically have 7 streams of income. If that isn’t motivation to get started, I can’t help you. It proves the theory of not putting all your eggs in one basket. Think of it in money management terms: diversify your portfolio.
Job hopping was made famous by Millennials, but you can’t blame them. No one will build your security net for you. My advice is: if you’re not looking for the next best role, you’re susceptible. You don’t have to start a new company, but you should be strategizing how to monetize your skills/hobbies.
Freelancing isn’t the next best thing. It’s a party you should be at and you don’t need an invitation to attend.