The Gig Enterprise, 2022 Creator Economy Market Map, Career Hoarding, and More ...

Approximately 60 million independent workers in the United States represent $1.5 trillion in U.S. GDP and growing. Projections estimate that 50% of our U.S. workforce will be independent workers by 2025- 2030. The Gig Economy represents a trend that will digitally transform the future of work.

I believe that?every organization?in?every industry?needs a Gig Economy strategy. Not having one is like missing the internet trend in 1990 or the mobile revolution in 2010.

The Freelance Revolution

The rise of independent contractors and globalization of knowledge work is the Industrial Revolution of our time. We can see the U.S. workforce undergoing a massive structural change everywhere we look.

Blockchain And The Rise Of The Gig Enterprise?-?Suddenly, you're in a maze of emails, word of mouth, and dead ends—and when you assemble your team, you're a bit hesitant because you've never worked with any of them before. The solution to this unwieldy situation may come from an unlikely source:?blockchain.

New exhibit explores Connecticut's 19th-century' gig economy'?- The so-called "gig economy" may seem like a 21st-century phenomenon, but a new exhibition at the Connecticut Historical Society chronicles a 19th-century farmer from Glastonbury and his many side hustles.

The Nationwide Battle Over Whether Your Uber Driver Should Be An Employee?- A new law in Washington state could finally end the never-ending battle between Unions and delivery apps on categorizing gig economy workers.

SEO marketplace Legiit is set to grow and change the rules of the gig economy?- According to many experts, the gig economy may still be in its infancy. Still, online SEO marketplaces like Legiit are rewriting the rules. What started as primarily an?SEO marketplace?attracting some of the leading SEOs in the industry is now a thriving online marketplace for everyone from writers to palm readers and graphics designers.?

Smiler comes up with a different kind of gig economy for event, and venue photographers?- Traditional venues photography providers like DEI Global, Magic Memories, Picsolve, and Sharingbox are reliant on fixed equipment, permanent staffing costs, and on-site printed products. So Amsterdam, Netherlands-based?Smiler, came up with a different approach. Freelance photographers can use the platform to roam around events, selling event photography formally attached to the venue and allowing customers to buy photos there or later online.

The Creator Economy?

The Creator Economy has many similarities to the sharing and gig economies in 2012-2015. Independent talent, technology platforms, and hype. All are driven by the dream of making a living by doing what you love. At over $100B+ the creator economy is just getting started.

The 2022 Creator Economy Market Map [300+ Platforms]?- What started as sharing thoughts with friends on Facebook more than ten years ago has become one of the fastest-growing business sectors. As creators have evolved and grown in numbers, so did the need for tools to make content creation a legitimate career.

At VidCon, Investors Are Still 'Betting Big' on the Creator Economy?- To discuss how investors are viewing the booming creator landscape, Thursday's "Betting Big on the Creator Economy" panel featured the likes of MaC Venture Capital partner Zhenni Liu, Investcorp managing director Anand Radhakrishnan, Team8 Fintech managing partner Yuval Tal and Paladin co-founder and CEO James Creech.

Havas Media Just Made an Entrance Into the Creator Economy, and Your Agency Should, Too?- Spotter is in the business of betting on talent, and Havas Media Group wants in. The agency, which has historically supported diverse-owned broadcasters through initiatives like?BIPOC Media Connections, is entering the creator economy through a partnership with Spotter, which has already invested $125 million in its diverse creator network.

NFTs are Crashing, and Creators Are Wondering What's Next??- NFTs no longer seem like the golden ticket for creators who want to monetize their digital works. At times it has felt as if non-fungible tokens, or NFTs, were tailor-made for creators. Not only do they allow people across all genres—music, video, visual arts, fashion—to make money from their work, but creators get to keep all or most of what they sell (as opposed, say, to a record label or Spotify taking a big chunk).

The Changing Workplace

We see unprecedented numbers of companies implementing remote work programs. How we work has forever changed and requires new skills and leadership approaches.

Our office will never be the same. This is how to rethink the future of work?- The founder of Guild Education explains that her team is rethinking how they spend their working hours before figuring out where it happens.

Ready to join the Great Resignation? Here's how to avoid a disappointing job switch?- There's a lot of conversation around the "Great Resignation" as employers are losing talent to other companies that boast higher pay, cool perks, flexible work, sign-on incentives, and professional growth opportunities. It's an interesting phenomenon, but we don't speak enough about the other side of the coin, something called the "Great Regret" or the "Big Mistake"—where an employee leaves one company for another, believing the grass to be greener. It turns out to be, in fact, worse than where they left.

Career hoarding is on the rise—but it comes at a cost?- Side hustles. It seems like everyone has one. A?whopping 69%?of fully remote people have at least one side job. But the gig economy isn't just for people working out of their living rooms. Thirteen million Americans have at least two regular jobs—a trend growing exponentially.

Wellness?

We will spend one-third of our lives working, and the disruption to how we work has never moved faster. This can impact our overall wellness as we navigate the changing landscape and fight for balance.

?What Is Life Like When We Subtract Work From It??-?Kloda likes her job as a university librarian in Montreal, but she still liked not doing it for a year. During a paid sabbatical that ended this spring, she deleted the work-communication apps from her phone and regularly forgot what day of the week it was; she read, went to museums, and picked up tennis. She stopped getting the?Sunday scaries.

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PAUL ESTES, the best-selling author of the best-selling book?Gig Mindset?and is an unstoppable advocate for the simple idea of ensuring that all voices are heard and that all people have access to opportunity. This passion is inspired by the quote from the late?Leila Janah?"Talent?is equally distributed,?opportunity is not."?Now is the time to address systemic?location bias?and encourage companies to reach beyond their organizational boundaries to engage the world's best minds.?For 20 years, He struggled to balance his life with fast-moving leadership roles at Dell, Amazon, and Microsoft. He led a team of progressive H.R., procurement, and legal trailblazers to launch Microsoft's Gig Economy freelance program. Hiring his first virtual assistant transformed the way he lived and worked.

Paul is the former host of the Gig Mindset and Talent Economy podcasts. Each week, Paul provides insights and perspective to over 100,000 readers of his weekly LinkedIn newsletter, and he frequently shares his insights as a keynote speaker and panelist.?