Upwork Shares Drop, Lyft Co-founder on the Gig Economy, Are Dapps the Future of the Creator Economy, 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.

Gigpro enters S.A. market as the restaurant industry embraces gig economy?-?Gigpro, a staffing and recruiting company based in Charleston, South Carolina, is expanding its services to San Antonio. Launched in Austin in October 2021, the company allows businesses to post shifts and hire workers as needed. It is planning to launch in Dallas, Fort Worth, and Houston by the end of 2022.

Upwork Shares Drop 18% Despite Strong Q2 Performance?-?During the quarter, revenue rose 26.3% to $156.9 million, beating estimates by $7.7 million. The?net loss per share at $0.04?was narrower than the anticipated $0.04 per share. In the year-ago period, the company posted earnings of $0.03 per share versus the Street's consensus of a net loss per share of $0.04. Additionally, the top-line expansion pace has slowed compared to Q2 2021.

Lyft Co-Founder on the Gig Economy?- Lyft Co-Founder and President John Zimmer join Emily Chang to discuss the state of the labor market and gig economy following July's U.S. employment report. His thoughts on driver supply, auto industry trends, and competition with Uber.

The gig economy endured a tumultuous two years. It's emerging from the pandemic better than ever?- With Omicron variant fears mainly in the rear window and virtually all pandemic restrictions lifted, the second quarter of 2022 offered our best look yet at how the past two-plus years reshuffled consumer habits.

The Creator Economy?

The Creator Economy is like the sharing and gig economies in 2012-2015 that ushered in an explosion of creativity driven by individuals, technology platforms, and hype. All are guided by the dream of making a living by doing what you love. At over $100B+ the creator economy is just getting started.

Becoming a marketplace of choice in the builder/creator economy?- Consumers today demand a better marketplace experience. In this VB On-Demand webinar, industry experts offer well-tested best practices to tackle marketplaces' unique challenges, how to live up to high user expectations, and more.

Now TikTok can sell you tickets to see Demi Lovato or the WWE?-?Performers can reach some fans even more directly now that Ticketmaster sells tickets inside the TikTok app. The partnership means Ticketmaster can take advantage of?TikTok's recommendation feed?that helps get artists — and now their event tickets — in front of fans.

Are Dapps the Future of the Creator Economy??-?Platforms like YouTube, TikTok, and Instagram have allowed creators to monetize their content, but that comes with revenue and control problems – which Web3 applications can alleviate.

The Creator Economy Needs To Lead Itself: Here's How?- When you work at a traditional company with a great leadership team, those leaders can significantly impact your career. They can inspire you to do your best work and put you on a path that truly reflects your skills and passions. But what if you don't?

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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.

Attitudes changing about moonlighting?- Inflation is costing Americans an extra $500 a month, on average, according to Moody's Analytics. It has some workers looking to the gig economy to help them supplement their income.

Rebuilding social capital is the next great leadership imperative?- Over the past two years, our relationships at work have been strained by the COVID-19 pandemic, stress, and isolation. Amidst challenges such as supply chain delays and?the Great Reshuffle, rebuilding employee networks may not seem like a business imperative at first glance. However, it has profound implications in areas such as innovation and employee attrition.

You're probably spending too much time 'Slack-splaining'?- Jotting off a quick I.M. or email is a fast way to communicate, but the written word can easily be misinterpreted. Our?brains are hardwired to assume the negative, which means the receiver could assume a tone or underlying meaning that's not there.

Disrespected Employees Are Quitting. What Can Managers Do Differently??- In a changing world of work where remote and hybrid arrangements are now commonplace, how do leaders show respect for employees? This question is top of mind for employees, whether managers recognize it or not. According to a recent Pew Research survey, employees who quit their job in the past year reported feeling disrespected as a leading reason for low pay and lack of advancement opportunities. When employees do not feel respected, they leave, and it's up to managers to address this problem.

Wellness?

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

?Good Trip? How Psychiatrists Got Serious About Using Psychedelics to Treat Mental Health?- Last summer, Gaetano, a 35-year-old financial adviser from New Jersey, traveled with his wife to the rainforest outside Sayulita,?Mexico, near Puerto Vallarta, where they stayed in a well-appointed villa overlooking the Pacific Ocean. They did what any couple might do for five days on a?wellness?retreat. They practiced yoga with the handful of other guests and tried a sound bath, lying on the floor and feeling vibrations produced by a local healer. They watched the sunset from their balcony every evening and dined on five-star cuisine.

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PAUL ESTES, founder of?XpertLinkAI?and the best-selling author of the best-selling book?Gig Mindset, 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.?