Sep 24, 2020
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How Gig Workers Can Fund Their Passion Projects

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Gig workers. PEXELS. COM Nobody gets the concept of hustling like a gig worker. That s the nature of this. You make as much money as possible on your talents to outlive thrive and hopefully build something great. For most creatives that something great is a keenness project. A graphic artist may installed time developing logos for small businesses while dreaming about publishing a graphic novel

 

A school student might drive around in a beat up car giving coding lessons while they wait to gather enough scratch to purchase a huge space to start a coding school. Here s the problem. All of that grinding often covers the bills with not much else to spare for passion projects

 

Gig workers especially creatives are frequently locked out of traditional funding sources as well. With a view to get cash for their passion projects they regularly have to think outside the box. Unlock time and money by creating a passive income stream Gig workers who can create a passive income stream often have more time and effort to fund their passion project

 

There are a good number of possibilities depending on your talents and most don t even require you to move the classic product development route all by yourself. For instance writers can use Radish to get paid for their books as readers consume them one chapter at a time. Artists and architects can upload their work to Redbubble where it can be turned into anything from coffee mugs to t-shirts to smartphone cases and the website handles all transactions and manufacturing

 

Go on and explore the options available on your niche. PROMOTED Grads of Life BRANDVOICE | Paid Program
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Why COVID-19 Is Hitting Black And Hispanic Children Especially Hard Enlist supporters through Patreon Patreon is emerging as one of the preferred ways for creative types to make money to pursue their passions

 

This membership platform is founded at the classic idea of patronage where people would supply artists with an income because they appreciated their contributions. When someone finds a creative person they want to support they simply purchase a subscription. Depending at the level in their subscription they may receive access to extra content early releases from the artist etc

 

Because of the subscription model Patreon helps artists create a stable income. People invest money for three reasons. They see something that can provide them profit they see something that offers them pleasure or they see something that does good. An opportunity for creators to connect with those who find themselves drawn to funding creatives who touch them is a win-win for all

 

Try creative focused crowdfunding When people think of crowdfunding Kickstarter tends to be the 1st option that comes to mind. That s certainly well-deserved. A good number of entrepreneurs have started their businesses there. Unfortunately it isn t always an excellent fit for creative projects especially ones where the goal of creating something amazing may override the goal of profitability

 

Fortunately there are some new-gen crowdfunding options that truly bolster creatives. One of the most exciting projects in this space is Whirl a blockchain based crowdfunding platform that was created for project funding. Participants earn karma by helping others boost their projects. Then they become qualified to seek support for their own

 

Projects backed by Whirl include game development video photography design writing and publishing and more. Bill Poulos veteran investor retired General Motors executive and President of Profits Run Inc puts this into perspective Blockchain is a groundbreaking technology that represents a seismic shift changing how almost every industry works. It has especially created new opportunities inside the investing and crowdfunding space for smart players seeking to grow profit and feature an impact

 

Know when to depart the gig life behind Gig work can be more than the work you do to make money. It becomes a lifestyle. The pursuit of gigs can become all consuming. For some people being a gig worker becomes part of their core identity or even defines their social life

 

It really is fine until gig work now not serves your goal. No this isn t about abandoning your passion project such as gig work. It s about having the attention and willingness to know when it s time to make a strategic decision to temporarily take on an everyday job when that makes sense

 

Think of it this way. Sixty hours per week of working on various gigs and another 12 or so in pursuit of recent work doesn t leave much time for raising funds or working on your project. Sometimes the soundness of an everyday job can give you the gift of time and stability to pursue better funding options

 

It can be difficult enough to outlive on gig work. Doing that while also trying to fund a project that drives you may be emotionally and physically exhausting. Fortunately the methods in this article give creatives options for getting the funds they need without sacrificing their passions

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