It seems like everyone has a gig these days. The gig economy can offer a source of extra income. Play your cards right and you could even turn your side gig into a full-time business.

  • You’ll find tips for getting started and being successful in the gig economy below.
  • Having the right tech and content is crucial for building a thriving side gig business.
  • After you’ve read through this guide, you’ll have answers to your top gig questions.

Side gigs are growing in popularity around the world. As illustrated by these stats and figures from Fortunly, over half of all millennials are using gig sites to find work.

It’s high-time you joined the gig economy, and these tips will help.

Create Your Own Online Profile

You can use the same job search boards mentioned above to jumpstart your own freelance or gig career. After you’ve created an account, you need to craft a personal profile and upload a portfolio. You can even link your own website to showcase work to potential clients.

When you work through these gig sites, there are three ways to receive the proceeds:

  • PayPal
  • Direct deposit
  • Wire transfer

The Low Incomes Tax Reform Group makes an important note about getting paid as a gig worker: you need to be mindful of taxes. Taxes are not automatically deducted as with an employer, so you may need to set up payments to avoid penalties. To avoid a misstep — and potential penalties — get familiar with how to process payroll. Even just for your own work, knowing the steps involved can assure that your records are accurate and you’re setting aside funds to meet your obligation to the government.

Build Your Reputation and Business

You have the basics so now it’s time to begin establishing and growing your business. One way to turn your side gig into a flourishing enterprise is to treat gig platforms like Upwork and Uber as stepping stones. As you work in the gig economy, you’re gaining valuable lessons and experiences that help shape you into a thriving entrepreneur.

The key to navigating such a transition is to build your reputation. You only need a few clients and successful projects, but it also helps to amp up your professionalism. An online presence can help, but setting consistent fees and deadlines are also smart moves.

Build a Website for Your Gig

Every business and entrepreneur should have a website. Potential clients will search for you online, and if they don’t like what they see, or worse, they don’t find you at all, they will turn to your competition. Putting the time in to ensure your website is user-friendly and unique can pay off.

If you don’t have the skills to build a website yourself, Nebulas Website Design can help. They can turn your dream website into a reality, with user-friendliness and functionality that is top-notch. Whether you have a site that requires updating or you’re just now taking the plunge, connect with them for a first-rate website. When you’re ready to jumpstart your side gig business’s journey to success, connecting with this sort of skills and knowledge can give you a decided edge. Combine their expertise with a few DIY marketing tips and strategies, and growing your venture from a gig to a business will be simple.

There is a lot of promise and potential in the gig economy. You can use a side gig as a source of extra income, or you can turn your side gig into a successful small business. The choice is yours, but either way, you should use the tips and links in this guide to navigate the process.

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