The Side-Hustle Effect: Meet those running successful side gigs (and find out how to join them) – Startups (Helena Young | April 2022)

A man with a nice smile, wearing a business suit in a manual wheelchair

Post-pandemic, and in the face of a cost of living crisis, thousands of us are taking on new business ventures. We find out more about the side hustle journey and how to start one.

It’s never been a busier time for the UK’s side hustle economy. Whether dog walking or designing clothes, people all over the country are seeking second incomes.

The platform will assist members to establish three different kinds of money-generating endeavours.  One of these is a gig-based micro-business.  Such a type of endeavour can be a great way to generate a little income, without the need for high expenses.  This item was written for the UK but it contains a number of useful ideas and tips that can be applied to the Australian context.  We have included a link for you to register your interest in joining the platform.  Gary will be speaking about the platform and gig-based work in the coming weeks at Griffith University.

Reasons for the surge are largely lifestyle-related. Working from home policies have given us more time to concentrate on our interests and side gigs. Rising inflation has also contributed, as consumers look for ways to offset more expensive energy and food bills.

Running a side hustle can be lucrative. As we reported last year, recent estimates value the market at a massive £346bn.

But there are also associated challenges to consider, such as tax implications, employer awareness, and upstart costs.

Debating whether to start your own side hustle? Below, we’ll go through the key steps involved, and get advice from experienced side hustlers on everything from balancing work commitments to accessing funds.

 

The platform will assist members to establish three different kinds of money-generating endeavours.  One of these is a gig-based micro-business.  Such a type of endeavour can be a great way to generate a little income, without the need for high expenses.  This item was written for the UK but it contains a number of useful ideas and tips that can be applied to the Australian context.  We have included a link for you to register your interest in joining the platform.

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