@DBPardes
Deborah Pardes
@DBPardes · 3:59

#AskAnExpert | The Gig Economy

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In celebration of Ask an Expert week, I was thinking about what I can post, and I decided to post the offering of talking about the gig economy, because I worked freelance for most of my career and I have thoughts about it. And I think some people working in these days have had different experiences based on what they consider to be a stepping stone for their career or what is just a lateral move versus what is building a foundation for what might be a company later on

Does freelance life make you feel free? It depends…

@gungunbansal_
gungun bansal
@gungunbansal_ · 0:43
Hi, Deborah. I hope I have pronounced your name correctly. And thank you so much for sharing your journey, the way you manage things, the way you were handling the things in your career stage, what was actually the foundation, what was how freelancing experience. I actually want to heard it from an expert, so this conversation is really worth it. And you inspired me that we should never stop trying, we should be working
@BKFOREMAN69
Brian Foreman
@BKFOREMAN69 · 4:47
I'd like to take a stab at this one as you've responded to many, many of my swells. I look at the gig, gig economy from different angles where when I was younger I'm in my early 50s now. When I was younger, there wasn't a lot of opportunities for like online work for example, didn't exist because there was no online. Where I did have very limited success doing minor freelance writing, but where I always turned my attention to was the side hustle
@DBPardes
Deborah Pardes
@DBPardes · 0:44
But the gigs themselves were always interesting and it kept me nimble. I think that's kind of one of the themes of being freelance and doing gigs, is you stay very flexible
@kwa
Kwa NateKo
@kwa · 4:51

Time for Money

The second thing I think is one high paying job is better than 20 small jobs, right? The administrative costs are far less. And I think once you get to and it's not necessarily easy to find, but I find once I get to $50 an hour, a true netting of $50 an hour over whatever my time is for at least a good three month period per project. You find you can pay for, even if it's part time
@DBPardes
Deborah Pardes
@DBPardes · 1:32

@kwa

And I was working a lot, getting the next gig, whether it was writing or producing, and there's an opportunity cost when you disappear because you have a really good paying gig, but you're disappearing from the flow of work. How do you measure that in terms of, like, being consumed by something? That's a really big thing, but then you're not in the flow of getting the next gig and making sure your clients know that you're available
@kwa
Kwa NateKo
@kwa · 3:10

@DBPardes

So the thing with it being different than before is that because it's easier, a lot of the administrative work that may have not been passed on you before in the earlier days, almost everything that goes beyond just freelancing, I think that's just a consumer in general. So personally, I still find it it more cumbersome and I've pulled back. I hope that answers your question. If not, I can find a way to clarify. I guess that's it
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