The gig economy is a rapidly growing sector where people earn money doing full or part-time work ranging from giving lifts to walking dogs. Many people look to the gig economy to get boosts after unexpectedly losing their conventional jobs or find that they want extra money to improve their quality of life.
No matter how actively they pursue the gig economy and for what reasons, it’s essential for gig workers to make the most of their time. Here are seven ways they can do that.
1. Plan each day the night before
It’s not always possible to know what each day as a gig worker will bring, but as much as possible, it’s best to plan each day by working out the framework for it the night before. Doing that lets them avoid wasting time deciding what to do and when. Instead, they can look at the day’s plan and jump into action as soon as their work time starts.
2. Create a dedicated work area or place
One of the necessities of making the most of one’s time as a gig worker means is avoiding distractions. As such, many of the most successful gig workers find places to work that allow them to minimize distractions and buckle down. A recent study shows that having a dedicated place to work helps gig workers excel. But, being social in moderation is also essential. Socializing with people can help keep gig workers motivated.
3. Work an amount that suits your income needs
Once workers are in the gig economy long enough, they can usually calculate the average amount earned within a given week or month. After getting a general idea of the amount one makes while participating in the gig economy, that person can then attempt to create a schedule that matches the amount they need to earn to live comfortably. Unfortunately, doing that is sometimes tricky since work may arrive in a “feast or famine” manner.
Still, it’s useful for gig workers to keep a running total of how much they earn through a month and manage their time accordingly by using that figure when balancing a workload.
For example, a person might make a general calculation such as “By the 15th of every month, I will have ideally made at least $600 through gig work.” They can then use that amount as a benchmark to determine if they need to try and work more or less for the remainder of the month.
4. Use time-tracking tools to gauge average productivity
Everyone has the same number of hours to work within a day, but gig workers must be exceptionally aware of how long it takes them to complete specific tasks. A time-tracking tool can help them make estimates and thereby feel more confident about saying whether they can accept more work.
Using a time tracker is also helpful when people take part in time blocking. That activity involves setting aside segments of time for particular tasks. Some people use it when entering periods of deep work.
5. Set frequent productivity goals
The flexibility that the gig economy provides can be positive, but the fact that the availability — or lack thereof — of work heavily dictates the structure of a workday can make it challenging to maintain consistency.
Research from the Oxford Internet Institute investigated how gig workers manage their time. It found that many of them use online forums to keep each other motivated. Others install online productivity extensions that help them stay on top of the goals they set. An earlier tip on this list suggested working amounts that match income needs. But, also creating short-term goals for productivity can help gig workers manage their energy and output.
6. Incorporate breaks into the workday
Many gig economy platforms do not limit how much time workers can spend on them. As such, it’s essential that people plan their days to allow for breaks. Otherwise, they can get physically and mentally exhausted. If gig workers get burned out by not setting limits, their efforts at excessive productivity will fail. Gig workers should pay attention to their overall health and scale back when needed.
7. Spend the time between gigs on marketing
The gig economy is not going away. As it gains popularity, it becomes more necessary for gig workers to market themselves aggressively. People can take advantage of any downtime in their days to spend time marketing their services, such as by posting in a personal blog or advertising on social media — if allowed by the gig provider.
(Featured image by Creative Lab via Shutterstock)
DISCLAIMER: This article expresses my own ideas and opinions. Any information I have shared are from sources that I believe to be reliable and accurate. I did not receive any financial compensation for writing this post, nor do I own any shares in any company I’ve mentioned. I encourage any reader to do their own diligent research first before making any investment decisions.
Crowdfunding helped Cervecería de Colima to weather the coronavirus crisis
Between February 12th and 27th, Cervecería de Colima raised $448,620 (10 million pesos) through the equity crowdfunding platform Propeler. With...
Precious Metals Investing: Small-cap gold producer Inca One Gold launches the first comprehensive database of Artisanal Gold Mining operations in Peru: XplorTracker
Knowledge is power and in business good data makes all the difference. Inca One Gold Corp. (TSXV: IO.V, OTC: INCAF,...
Record growth in mobile gaming: Tencent (TCEHY) and LEAF Mobile Inc (TSX.V: LEAF) shows the potential of an innovative industry unfettered by Covid-19 in 2020
While traditional gaming companies like Activision Blizzard (NASDAQ: ATVI) fail to fall victim to the pandemic, mobile gaming companies like...
Tyba reaches 100,000 users in Colombia despite the crisis
Tyba, a digital platform that offers investment and savings services, exceeded 100,000 users in Colombia, a goal that was accelerated...
Extended reality is the future, and Zadar Ventures Ltd. is at the forefront
Emerging technologies are in the spotlight at the height of COVID-19. From drones to telemedicine to extended reality, the pandemic...
Featured7 days ago
Credimi and Banca Generali partner to help SMEs in Italy
Crypto7 days ago
How governments are analyzing Crypto and Blockchains
Business5 days ago
How to invest in a bear market: Why small-cap gold producers like Inca One belong in your precious metals investment portfolio
Featured7 days ago
The ESG Leaders Index showed strength in recent months