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John T. Fleming - Ultimate Gig: Flexibility, Freedom, Rewards

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The gig economy can be viewed as the fuel that lit the fire of change in economies throughout the world. Flexible work grew out of a cultural shift in how we defined how we wished to work. The gig economy also grew out of a need, a need to earn more to keep pace with the inflation that nullified expected gains in purchasing power as wages increased. We no longer define work as related to the brick and mortar buildings that housed the traditional 9 to 5 job. Perhaps, the office-centric era is over as many companies have now made decisions relative to how and when their employees can work. Work from home is no longer a wish; it is a reality, and the gig economy has been the fuel that has helped companies realize new and better ways to engage labor and serve consumers.

The future has arrived! The marketplace is favorable to new ways to purchase products and services. Gig opportunities will continue to grow as a meaningful way to earn income. The ultimate gig is ultimately the one that best matches the gig seekers definition of what matters most.

Our ultimate motivation for taking on the work of this book, this research project, is rooted in a belief that the gig economy is helping to define a new reality; flexibility and freedom in how work is done can be achieved. We believe in the free enterprise system. When we focus on contribution, we best explore the possibilities that improve the quality of any product or service and the quality of all the lives we touch.

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ULTIMATE GIG Flexibility Freedom Rewards BY JOHN T FLEMING Ideas Design - photo 1
ULTIMATE GIG

Flexibility, Freedom, Rewards

BY

JOHN T. FLEMING

Ideas & Design Group, USA

WITH

LAUREN LAWLEY HEAD

Lawley Head Media, USA

United Kingdom North America Japan India Malaysia China Emerald Publishing - photo 2

United Kingdom North America Japan

India Malaysia China

Emerald Publishing Limited

Howard House, Wagon Lane, Bingley BD16 1WA, UK

First edition 2021

Copyright 2021 John T. Fleming

Published under exclusive licence by Emerald Publishing Limited

Reprints and permissions service

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No part of this book may be reproduced, stored in a retrieval system, transmitted in any form or by any means electronic, mechanical, photocopying, recording or otherwise without either the prior written permission of the publisher or a licence permitting restricted copying issued in the UK by The Copyright Licensing Agency and in the USA by The Copyright Clearance Center. Any opinions expressed in the chapters are those of the authors. Whilst Emerald makes every effort to ensure the quality and accuracy of its content, Emerald makes no representation implied or otherwise, as to the chapters' suitability and application and disclaims any warranties, express or implied, to their use.

British Library Cataloguing in Publication Data

A catalogue record for this book is available from the British Library

ISBN: 978-1-83982-861-4 (Print)

ISBN: 978-1-83982-860-7 (Online)

ISBN: 978-1-83982-862-1 (Epub)

ABSTRACT Author John T Fleming Editor Lauren Lawley Head August 27 2020 - photo 3ABSTRACT Author John T Fleming Editor Lauren Lawley Head August 27 2020 - photo 4
ABSTRACT

Author John T. Fleming

Editor Lauren Lawley Head

August 27, 2020

Context: The gig economy has become a popular subject in mature markets throughout the world, especially the United States. The words were even used by the United States Congress when recently addressing the different classification of workers impacted by COVID-19. The gig economy has become a new phenomenon attracting record numbers of people to the possibility of part-time work or work that offers flexibility in how and where the work is being done. Some gig workers turn gigs into a preferred way of earning full-time income.

Gigs are not new. Part-time work has always been a possibility for those who sought incremental work opportunities. What is different about the gig economy is its innovative use of technology in connecting gig workers with a source of product, service, or client, and a consumer who is interested in making a purchase. Many gig workers now find technology to be the enabler in turning underutilized assets such as homes, rooms, and cars into income-earning opportunities. The choices in how we work, when we work, and where we work from have never been greater!

Information relative to the gig economy, the definitions and understanding of gig economy, motivations for working a gig, selecting a gig, and working a gig can be difficult to find; therefore, Ultimate Gig can help to eliminate misunderstanding and confusion when seeking to better understand the gig economy.

Ultimate GigTitleDescription
DedicationGig workers
AcknowledgmentsThose who make this book possible
PrefaceWhat the book is all about
Chapter 1WelcomeDefining the gig economy and types of gigs
Chapter 2Academic PerspectiveMaking sense of the gig economy
Chapter 3MotivationsWhy people from all walks of life work gigs
Chapter 4Gigs Redefine EntrepreneurshipGigs make microentrepreneurship easily available
Chapter 5How Technology Is Shaping GigsThe gig economy leverages technology effectively
Chapter 6Direct Selling The First GigThe 100-year-plus channel of distribution is a gig
Chapter 7Women and the Future of GigsWe explain why women appear to be the future of gigs
Chapter 8Defining the Ultimate GigLeverage your strengths and passions your ultimate gig
Chapter 9Maximizing the Potential of a GigThe guidance all gig workers need
Chapter 10A Perspective on ChallengesIdentification of the obvious, solutions, resolutions
Chapter 11Research Findings and InsightsThe most current research and insights on gig economy
Chapter 12Game ChangersCompanies and individuals who are changing the game
EpilogueGlimpse of the FutureA summary of the book, our experiences, future of work

This book is about better understanding the gig economy conversation. It is also about understanding one of the most significant labor revolutions in the past 100 years as to how work can be done. Ultimate Gig is about the value of microentrepreneurship and putting entrepreneurship tools into the hands of the masses, the crowd. This book will inspire, inform, and educate. It will help gig workers and potential gig workers better understand the incredible value of new choices that allow anyone regardless of age or walk of life and irrespective of experience or inexperience opportunities to leverage time and convert hours into meaningful and fulfilling work in a flexible manner.

DEDICATION

Today, people of all ages and from all walks of life find it possible to work in a new way. They are independent contractors using various labels to describe their approach to working when they wish and, often, from wherever they choose. These are not contractors filling typical job functions. We are referring to a new breed of workers.

Ultimate Gig is about the millions of people (approximately 60 million in the United States alone) who have embraced a new way of working. Perhaps more so than any other type of worker, gig workers have decided to bet on themselves. Gig workers understand that their success will depend on the quality of the service and products they provide to others.

We dedicate this book to the gig-providing companies and their founders who envisioned work differently, and to the new army of microentrepreneurs who bring positive change to their personal lives and the lives of those they serve.

TABLE OF CONTENTS
LIST OF FIGURES AND TABLES
Figure 1.1.Key Facts of the Gig Economy.
Figure 3.1.Wage Increases in the US Rise to the Top Earners.
Figure 3.2.Employment-cost Index for US Civilian Workers.
Figure 3.3.US Household Debt as a Percent of Disposable Income.
Figure 3.4.Total Student Loan Debt Held by the US Consumers.
Figure 3.5.Average Monthly Earnings of Gig Workers.
Figure 3.6.US Personal Savings Rate Over Time.
Figure 3.7.How US Adults Would Pay for a $400 Emergency Expense.
Figure 3.8.
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