How Retirees Can Take Advantage of the Gig Economy

As more and more millennials figure out how to harness the raw power and potential of the Gig Economy, it makes sense then that retirees shouldn’t be far behind. After all, there’s no age limit to being technologically savvy and there’s certainly no boundary for those who have skills and know how to market them.

The Gig Economy has many benefits for the retiree who decides to take advantage of its opportunities. In addition to offering incredibly flexible working hours, the Gig Economy allows you to work from home depending on the service you are offering. In many ways, the Gig Economy offers an opportunity to run your own small business but with even more autonomy than the traditional small business model because jobs are set on a case-by-case basis.

It may seem like millennials have the upper hand in building a Gig-based business, but when you look closer it turns out that retirees actually have several advantages over them. For one thing, if a retiree is leveraging a skill that they have previously used in their main employment, they can offer a level of expertise that a younger person simply doesn’t have. For example, lets say a retiree who managed a mid-sized company for 15 years decides they want to enter the Gig Economy. They could easily market themselves as a management consultant for small businesses. All of the work could be done over e-mail and video conferencing and the retiree could charge on a per-project basis.

Jumping into the Gig Economy as a retiree can be an exciting and new venture. It doesn’t have to mean doing the same sort of work that you did for many years. In fact, the Gig Economy is the perfect opportunity for trying something new. One of the benefits of the Gig Economy is that it is incredibly broad. Nearly anything that you wish to do, can be done as long as you find a customer. The internet makes connecting people who are looking for services with service providers easier than ever, which opens the doors for retirees who may have picked up unique skills and experiences over the years. This is especially true of skills that have faded out of use in the recent past and which millennials themselves may wish to make use of. If you think that some knowledge or skillset that you have is outdated, that may actually be the perfect skill to market. Something that has largely fallen out of use in general might be of particular interest to somebody. The key is bridging the gap between those who are looking for something rare and those who can offer it. Fiverr®, of course, is a great site for connecting buyers and sellers.

We already gave an example of one skill that a retiree can use to participate in the Gig Economy, but there are plenty of other examples that don’t have to connect to your profession. For instance, someone who loves to cook could give cooking lessons or could even just advertise their specialty item! If you love gardening in your retirement, then you could teach others the basics of how to grow healthy plants and flowers. These are really just simple examples about how the Gig Economy is uniquely suited to retirees because it is flexible enough to allow for you to do what you love and connect with others who are interested in the things you love to do. The Gig Economy allows you to earn money and market your skills beyond traditional concepts of work.

At the end of the day, this is really what it’s all about. The Gig Economy allows you to think out of the box and capitalize on what you are really good at and what you love to do. For retirees who have worked hard their whole lives and want to earn some money but don’t want to go back to the daily grind, the Gig Economy is a great solution because it can be whatever you decide to make it.

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