Inconsistent job flow is a reality in the trades. That’s why many professionals supplement their income with side gigs. Done right, these can help you stay afloat during slow periods, test new skills, or build your brand. Here’s how to choose, balance, and thrive in the gig economy.
The gig economy is booming. According to Statista, over 59 million Americans freelanced in 2023, contributing $1.2 trillion to the economy. Yet not all side gigs are created equal. Some pay well and match your skills, while others may drain your time and energy with little return.
Stick close to your core skills to maximize time and value.
Why it works: You already have the tools, training, and reputation.
Gig platforms can help you reach new customers. Be cautious, read the terms as some platforms take up to 20% in fees. At Kraftworks we don’t charge you any fees.
Your time is your most valuable asset.
Rule of thumb: If it pays less than your main trade rate, it better bring another benefit, like referrals or skills growth.
Side gigs can evolve into new business offerings.
Mindset shift: Think of side gigs as mini-markets for new services.
Even if it’s “just a side hustle,” reputation matters.
Bonus: Your side gig clients might turn into loyal customers of your main business.
The goal of side gigs isn’t just extra cash, it’s stability. It’s knowing that if one project falls through, you’ve got a backup. It’s about building income layers, not relying on just one source. Good luck!