How to use the Gig Economy to your advantage

One of the great promises of the gig economy is freedom. In the gig economy, it goes, you are your own boss. You can work according to your own schedule. You have access to a number of different sources of income on-demand. But as with any great promise, sometimes it really is too good to be true.

The gig economy has faced its challenges. From the lack of benefits like healthcare to the growing concern many gigs will disappear because of automation, there is a lot to be desired. If you’re on the internet long enough, you’ll probably come across various articles pointing out the flaws of the gig economy.

But it’s not all despair and broken promises. The gig economy, viewed in the right way, can be a huge advantage. When you have lots of different options to choose from and the freedom to pick and choose from those options at a moments notice, you have an advantage.

While most current solutions to the issues of the gig economy focus on reclassification of workers, few focus on the potential that’s already there: choice.

The growing popularity of on-demand services for consumers is driving more and more new companies to join the gig economy. And each new company needs a fleet of workers who can fulfill their customers’ demand. So not only are there more opportunities now but they are also easier to get because each new company is desperate for workers. Which means one thing to the gig economy worker: more choice.

For a person looking for extra work, you couldn’t ask for a better situation. You can use each gig against the others to maximize your income. Drive for Lyft but haven’t received that high of a wage in recent weeks? Drive for Uber. Uber not paying that high either? Drive for Fasten. Fasten’s wages low? Deliver for Postmates. And on and on.

The beauty of the gig economy is you can do this every day. Heck, you can do it every hour. Most on-demand services now have some sort of surge pricing or higher pay rates during peak customer demand times. That means you could just work for whatever gig currently is paying peak wages. And when they switch off, you move on to the next one.

It’s easy to think having a full-time job is better than having to jump from one gig to another. Full-time jobs can offer stability and benefits. But having lots of choices and the freedom to quickly and easily move between those choices can often bring the best results.

The only way to keep increasing your income in a competitive working world is to be in high demand. This can be achieved when you have a particular set of skills that are highly sought after. Unfortunately, not everyone can be so lucky. But another way to be in high demand is to work in a field where workers have lots of choices. When workers have lots of choices of where they can work, the employers fight for the workers, not the other way around.

A lot of people think the gig economy isn’t for them or they think Uber is their only option. But there are lots of on-demand service companies now and more and more are being started every day. Most don’t require much more than a smartphone. So if you’ve got a smartphone, you’ve got a connection to a lot of potential sources of income. Use it to your advantage.

Interested in the gig economy? Want to find out what potential gigs might be out there for you? Check out my new app called The Gig Saloon. It allows anyone, if you work gigs or not, to find new opportunities.

You can filter by your location, requirements met, and types of gigs you’d like to work. You might be surprised what’s out there. It also has helpful features like news filtered specifically for the gig economy, the ability to review gigs you’ve worked, and a forum to discuss your experience with other gig workers.

And as I’ve said, the more opportunities presented to you the more of an advantage you have. So check it out and let me know what you think.