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The Gig Economy - Book Summary

Full-time employment, once the quintessence of security and stability, is increasingly rare. Employers create fewer full-time positions and outsource existing work. For growing numbers of job seekers, working independently is a safer bet. Living without a corporate safety net may sound precarious, but with proper planning, you can manage a freelance career that’s at least as stable as a full-time job. And, it holds out the prospect of more control over your work and your life. In this breezy, entertaining how-to manual, Babson College professor Diane Mulcahy offers a blueprint for assembling and managing a diversified portfolio of work. She outlines appropriate approaches to saving, vacations, homeownership and retirement planning. getAbstract recommends her manual to anyone seeking an alternative to the cubicle, the assembly line or the corner office.

In this summary, you will learn:

  • Why traditional full-time jobs are disappearing;
  • Why freelance or contract “gigs” are taking their place; and
  • What strategies you can use to assemble a portfolio of gigs that offers you reliability, financial security and personal satisfaction.

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