🌈 "Freelancing vs Gig Economy”🌈

Be Intentional and Purposeful Today

14 NOVEMBER 2024

🔥 Ignite Your DIGITAL Journey With

"BE Intentional and Purposeful Today"

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💼 🚀 THE DIGITAL ECONOMY 🌍 💰 🤖 

Here’s what we have in store today for you: 🌈"Freelancing vs Gig Economy🌈

🚀 Ahoy! Digital Economy Earners 🌐

Welcome to our new subscribers. 🚀

Your DIGITAL SUCCESS STORY starts right HERE! 📜

GOING DIGITAL 📱, GOING GLOBAL! 🌐🚀

🌈"Freelancing vs Gig Economy🌈

What’s the Difference and Which Is Best for You?

In the fast-paced digital economy, terms like “freelancing” and “gig economy” are everywhere.

But what do they mean and how do they impact our career choices?

Many young Africans are exploring these flexible work options as alternatives to traditional employment.

However, understanding the unique benefits of freelancing and the gig economy can help you decide which path best suits your goals.

Today, let’s break down the differences, explore the benefits and discover how each option aligns with the realities and aspirations of young professionals in South Africa and across the African Continent.

1. What is Freelancing?

Freelancing involves offering specialized services, such as graphic design, writing, programming or consulting, on a contract basis.

Freelancers usually build long-term relationships with clients, often working on multiple projects for the same organization.

Freelancing is ideal for individuals who prefer stability and are looking to develop a personal brand.

Key Benefits:

Flexibility to choose clients and projects.

Potential for higher earnings as you gain expertise.

Opportunities to build a lasting professional reputation.

2. What is the Gig Economy?

The gig economy refers to short-term, on-demand work assignments think of platforms like Uber or Bolt.

Gigs are typically one-off tasks, making it an excellent option for people who need immediate income without long-term commitments.

Key Benefits:

Quick and easy entry with minimal skill requirements.

Freedom to work on your terms, anytime and anywhere.

Diverse opportunities, from driving to completing odd jobs.

3. Freelancing vs. Gig Economy: A Comparison

Criteria

Freelancing

Gig Economy

Commitment

Long-term, project-based

Short-term, task-based

Income Stability

Can be stable with effort

More variable, task-dependent

Skill Requirements

High, specialized skills needed

Entry-level, general skills okay

Independence

Full control over clients/projects

Limited control over gig tasks

4. Which One Should You Choose?

Choose Freelancing If: You have specific skills, want to build a career in your field, and are willing to invest time in finding and nurturing clients.

Choose the Gig Economy If: You need quick income, prefer flexibility without long-term commitments, or want to explore different types of work before specializing.

5. Why Not Both?

For some, combining freelancing and gigs can be the best approach.

Use gigs for immediate income while you grow your freelance portfolio.

This way, you gain the best of both worlds - stability from freelancing and flexibility from gigs.

Freelancing and the gig economy are reshaping work in South Africa and across the African Continent.

Both offer unique opportunities to learn, create and earn in the digital economy.

The key is understanding your strengths, needs and goals.

Whether you choose freelancing, gigs or both, the possibilities are endless when approached with purpose and intention.

Both freelancing and gig work are powerful ways to generate income, develop skills and build financial independence.

Take small steps today and remember that your career journey is uniquely yours to design.

Stay intentional and purposeful as you explore these exciting opportunities!

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  2. NEW COURSES by Semrush Academy

    In-demand marketing tactics

    We’re constantly adding new courses with different learning objectives so there’s something for everyone in their career journey.

    Building a Customer Persona

    Customer personas are fictional profiles that represent your target market, based on in-depth research. Used by marketers and designers, these personas help visualize the audience and include various elements like images and statistics to make them realistic. This free course will show you how to build a dynamic Customer Persona, allowing for a rich blend of text, visuals, and more to effectively capture customer insights.

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    Influencer marketing is one of the most effective marketing strategies today. It's also hard to get right. In this free course, Nicole Ponce, Head of Influencer Marketing at Semrush, shares her simple and effective method for planning and launching an influencer marketing campaign that drives results. This course also includes a bonus lesson on Employee Advocacy Programs by marketing expert Kate Busby.

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  3. INVITATION FOR PARTICIPATE IN A SURVEY by Simplilearn

    Your Opinion Can Help The Professional Community.

    Simplilearn is conducting a quick survey to understand better the career outlook, growth areas, and well-being of professionals like you. 

    We’d love to hear from you. Your insights will guide us in supporting the evolving needs and aspirations of today’s resilient, thriving professional community. We hope you can take a moment to share your input and help us make a positive impact on career growth.

    As an added incentive, we’re offering you a 10% discount on our master’s courses as a thank you for completing this survey and helping us.

    Note: Your responses will be kept anonymous.

    Click below to:

    https://track.simplilearnmailer.com/f/a/6redcg3xmITiAhKNSAnxjw~~/AAR0EwA~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~Start Survey

  4. MAKE EXTRA CASH by FinanceBuzz

    When you want some extra cash, the internet can give you some BAD ideas. Let’s not even talk about TikTok. UGH.

    That’s why we made this list of 24 LEGIT ways to make extra cash. Only the best make this list.

    Pay your rent. Pay down your credit card. Get some fresh jeans — Whateverrrr. Extra money just feels so good.

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    Click here:
    24 LEGIT ways to make extra cash

    Do you work, but still don’t earn enough to keep up with the cost-of-living crisis?

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    (No time-consuming side hustles or weird “affiliate marketing” schemes required.)

  5. WEBINAR INVITATION

    How to Escape the Hourly Rate Trap

    (Virtual November 19th)

    Join, business coach Justine Clay for an interactive, eye-opening and actionable webinar that focuses on what you need to know, communicate, and do before you figure out how to determine a price for your services.

    Click below to RSVP:

    https://links.email.freelancersunion.org/u/click?_t=17ffcc844578408e86e16c34db81f4a0&_m=362d436dbe4c4f8e8551be28c3732378&_e=s5QhfdBicbVPT9arAmoQLYsRjOrPFKykrYFXPmNUPr7LXT0tb4u5yR7N1eVUMIgKLwV-zyFHhU8GmR8xyIlXFSZvPt3fAxKMK7QxxuQ48QGKRHz2zIoH_x4oKpnCs8FgwlfDbwUuS_eYJCz_Nt2cxPSIYyqVwkspAkZXYKSKmTCQGyAwWa71VsjAxL1d6VyOCITs8hbeOjMiSk08S3JQwusiT8_iRqpQ3r_lDZTD38UBlyTHHEc9EURhoju2Ej1mVUBSOr78vvsR8S2CHItPnH8sx1P51RAg3kq6Z1i6kctA2Vdqt9ivVH4i4B2WuX4q

  6. Payment scams cost consumers $1.03 trillion worldwide by TC Daily

    As digital payments become more ubiquitous, they have come with a side serving of bad actors.

    Bank fraud, investment scams, and shopping scams continue to surge, according to a new report from the Global Anti-Scam Alliance (GASA) and U.S.-based fraud detection firm Feedzai.

    The report revealed that across the world, people lost $1.03 trillion to scams in 58,329 surveyed cases in 2023.

    South Africa stands out among the countries with sharp increases in scam attempts with consumers losing 3.4% (about $12.9 billion) of its gross domestic product (GDP) to scams.

    Kenya, where scammers capitalise on the popularity of mobile payments, lost 3.6% ($3.9 billion) of its GDP, with 2 in 5 people falling victim mostly to shopping scams. 

    In terms of payment methods, SMS and text message scams are rampant in Kenya, while in Nigeria, scammers commonly use wire transfers and e-wallet peer-to-peer (P2P) payments to carry out fraud. 

    The situation calls for enhanced due diligence among banks and fintechs, especially with large transactions, to detect suspicious activities early.

    Consumer education is also important. With technological advancement fast reaching the financial industries of most African countries, it's a call for banks and financial players to continuously educate their customers on these new technologies and how to spot scam trends.

    Click to:

    Read the report here.

    Job Opportunities

    Flutterwave - Backend Engineer, Frontend Engineer, Compliance Officer - Hybrid (Lagos, Nigeria)

    Jobberman Nigeria - Digital Marketer - Lagos, Nigeria

    KPMG Nigeria - Strategy Consultant - Abuja, Nigeria

    Nosmas - Full stack Developer - Lagos, Nigeria

    Earnipay - Digital Marketing Specialist, Content Marketing Specialist - Hybrid (Lagos, Nigeria)

    Paystack - Finance and Strategy Specialist - Lagos, Nigeria

    Norebase - Finance Lead - Remote (Nigeria)

    Startbutton - Digital Marketing Associate - Hybrid (Lagos, Nigeria)

    Qore - Product Manager - Lagos, Nigeria

  7. FREELANCE OPPORTUNITIES 

    Art Direction & Graphic Design

    Lenny Rachitsky needs a part-time designer for his newsletter

    SMU Continuing & Professional Education (Dallas) needs a remote freelance social media graphic designer

    Mezcla (US) needs a freelance remote graphic designer

    Dr James needs a senior animator ($4,500-$7,000/project)

    Think Plus Ink needs freelance senior level brand and packaging designers and artworkers

    Evan Ochs need a graphic designer for his newsletter

    Area 23 needs freelance senior product designers for Figma ($52-$72/hour)

    eXp Realty (Canada) needs animators and After Effects pros

    Farran Consulting needs a branding designer for outdoor brands

    Betterhomes needs a freelance graphic designer for a month long project

    Craft needs a London-based freelance midweight designer

    Good Impressions needs a visual content designer

    Hook needs a freelance brand designer

    COGNOSOS needs a contract illustrator

    Interactor AI needs a fractional UX designer

    Rollo (US) needs a senior UX/UI designer

    SimpleX Chat needs a website designer

    Konpo (Europe) needs a freelance senior branding designer

    Crypto Fund Trader needs a designer with a futuristic Web3 style

    Creative Recruitment (UK) needs freelance designers with email experience (£250/day)

  8. WEBINAR INVITATION: PODCAST FOR BEGINNERS

    TODAY: Thursday 14th November at 4 pm (UK time

    This live webinar will take place on Thursday 14th November at 4 pm (UK time). It’s designed to help set you up for podcasting success as a writer and will last around 45 minutes.

    Click below to secure a spot:

    https://substack.com/redirect/d18e50fe-1f78-4f6d-a31f-cb033625c218?j=eyJ1IjoiZ3RkYmgifQ.W6y5A2hH9-ZGFfENqUyrPm-dxEtIJzt2AppexqA5l8o

  9. The Future of Short-Form Video in Personal Finance​


    Want to know where TikTok, Reels, and Shorts are headed? In this timely panel, creators Milan Singh, Breyanna Nava, and Gina Zakaria break down what’s working now and what’s next. Short-form is constantly evolving, and these insights will keep you ahead of the curve.

    [Click here to watch]

  10. Unlock the Power of Salary Negotiation by Cassidy O’Donnell

    Today, I'm excited to share a strategy for negotiating your next job offer—the Job Matching Matrix.

    This powerful tool, created by our CEO and head career coach J.T. O'Donnell, is the secret weapon that's helping our clients secure higher salaries and better job offers. And now, I'm excited to share it with you.

    Prove Your Value With the Job Matching Matrix

    Let's say you've gone through the entire interview process and the employer has offered you a role at the low end of their listed salary range—$45,000, when the range was $45,000 to $50,000. How do you convince them to meet your desired salary of $50,000?

    The answer lies in the Job Matching Matrix.

    This matrix is a simple yet effective way to document how you not only meet but exceed all the requirements for the role. Here's how it works:

    List out every requirement from the job description, as well as any additional skills or experience the employer mentioned during the interview process.

    For each requirement, explain why it's important—how it saves the company money, helps them make money, solves problems, or alleviates pain.

    Then, clearly demonstrate how you meet or exceed each requirement.

    Leverage Your Proven Value

    When you present this matrix to the employer, you're not just asking for more money—you're proving that you're worth it. You're showing them the exceptional value you bring to the table, backed by their own criteria.

    As J.T. says, "You're not getting this job unless you meet all of them, so you're proving it." And when you do that, the employer is far less likely to want to lose you.

    In fact, J.T. shares that her clients are seeing incredible success with this approach. One client was able to negotiate a $140,000 salary after the employer initially offered $100,000—all because he used the Job Matching Matrix to demonstrate his proven value.

    Access the Job Matching Matrix Template

    If you're ready to take control of your salary negotiations, the Job Matching Matrix is a must-have tool. And the good news is you can access the template and a tutorial on how to use it inside the Work It DAILY platform.

    Simply sign up for a 7-day free trial, and you'll have instant access to this powerful resource, along with a wealth of other job search and career development tools. Don't leave your next salary negotiation to chance—arm yourself with the Job Matching Matrix and negotiate with confidence.

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'Be Intentional and Purposeful Today' Newsletter

2030 VISION 🚀💡

To assist YOU in becoming an AI Guru, Digitally Skilled, Digital Entrepreneurial Genius, Digital Innovator & Digital Income Generator by 2030. Together, we are shaping a brighter tech-driven future! 💪 🌟 🌐 💼 🚀

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The time is NOW! Stay PURPOSEFUL & Remain INTENTIONAL By Taking ACTION TODAY!

#DigitalEconomy #GenerateIncomeOnline #DigitalBusiness #DigitalEntrepreneurs #AI #DigitalRealm #DigitalSkills #RemoteJobs #DigiPreneurship #DigitalGurus #DigitalInnovation #2030Vision #DigitalWealthCreation #YouthFocused #OnlineCommunity #UnleashDigitalPotential #YouthEmpowerment #YouthDevelopment #CommunityDevelopment #BeIntentional #BePurposeful

Let's Cultivate Generational Wealth through Digital Creativity and Innovation. Let's embrace Digital Realm by Learning, Working, Creating and Generating Wealth. 🌈✨ Get ready to transform your DIGITAL Journey Today and embark on a Path to Write your Successful DIGITAL Story! 🌄 🌠

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Until next time!

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