{"id":7023,"date":"2015-10-09T11:57:02","date_gmt":"2015-10-09T11:57:02","guid":{"rendered":"http:\/\/faisalhoque.com\/?p=7023"},"modified":"2015-10-09T11:57:02","modified_gmt":"2015-10-09T11:57:02","slug":"how-to-succeed-in-gig-economy","status":"publish","type":"post","link":"https:\/\/staging.frameroinfotech.com\/fh\/how-to-succeed-in-gig-economy\/","title":{"rendered":"Fox5 Interview: How To Succeed In The Gig Economy"},"content":{"rendered":"<p><a href=\"http:\/\/faisalhoque.com\/wp-content\/uploads\/2015\/10\/logo-fox-5-new-york-wnyw.png\"><img decoding=\"async\" class=\"alignnone size-full wp-image-7024\" src=\"http:\/\/faisalhoque.com\/wp-content\/uploads\/2015\/10\/logo-fox-5-new-york-wnyw.png\" alt=\"logo-fox-5-new-york-wnyw\" width=\"200\" height=\"77\" \/><\/a>\u00a0 \u00a0 \u00a0<a href=\"http:\/\/faisalhoque.com\/wp-content\/uploads\/2015\/10\/images.jpeg\"><img decoding=\"async\" class=\"alignnone  wp-image-7025\" src=\"http:\/\/faisalhoque.com\/wp-content\/uploads\/2015\/10\/images.jpeg\" alt=\"images\" width=\"149\" height=\"75\" \/><\/a><\/p>\n<p><iframe src=\"https:\/\/www.youtube.com\/embed\/YehW2Azfbx0?start=0:14\" width=\"560\" height=\"315\" frameborder=\"0\" allowfullscreen=\"allowfullscreen\"><\/iframe><\/p>\n<h1>Faisal Hoque, founder of Shadoka\u00a0and author of &#8220;Survive to Thrive,&#8221; says while anyone can go out on their own, it&#8217;s important to do your homework before jumping head-first.<\/h1>\n<div>\n<h5>BY\u00a0<a href=\"http:\/\/www.fox5ny.com\/your-money\/31283243-story\" target=\"_blank\" rel=\"noopener\">ALISON MORRIS<\/a><\/h5>\n<\/div>\n<div>\n<p><strong>NEW YORK<\/strong> &#8211; Over 50 million Americans have given up their 9-to-5 jobs in favor of freelance work, but Faisal Hoque, founder of Shadoka and author of &#8220;Survive to Thrive,&#8221; says while anyone can go out on their own, it&#8217;s important to do your homework before jumping head-first into the gig economy, especially when it comes to money.<\/p>\n<p>Hoque says you need to research what people are paid for the kind of work you want to do. Make a list of your skills, which are usually the drivers for pricing. Whatever you do, don&#8217;t be too cheap or too expensive. If you demand too little in compensation, Hoque says, people won&#8217;t hire you because they&#8217;ll think you don&#8217;t know what you&#8217;re talking about. If you ask for way too much, they also won&#8217;t hire you, because you&#8217;ve priced yourself off the market. Hoque says you&#8217;ll also need to rethink, and possibly reorganize, your resume.<\/p>\n<\/div>\n<p>In the gig economy, past projects often take priority over experience. Hoque says he&#8217;s hired freelancers before and doesn&#8217;t care where they went to school or where they&#8217;ve worked. He wants to see a portfolio showing the actual work they&#8217;ve done, and says it&#8217;s all about the output.<\/p>\n<p>Gig jobs run the gamut: Uber and Lyft drivers, grocery deliverers, coders, technology experts, and consultants.<\/p>\n<p>But Cole Stangler, a reporter with the International Business Times, says you have to think about a lot more than just getting paid for the work. You&#8217;ll often owe more in taxes and won&#8217;t have a lot of the same labor law protections as traditional employees. For instance, Stangler says, you&#8217;re not covered by anti-discrimination, minimum wage, or overtime laws. And you&#8217;ll need to get your own health insurance. If you&#8217;re under 26, you can join your parents&#8217; plan. If you are <a href=\"https:\/\/www.healthcare.gov\/young-adults\/children-under-26\/\" target=\"_blank\" rel=\"noopener\">26 or older you will have to buy your own plan<\/a>.<\/p>\n<p>Challenges aside, if you have an entrepreneurial mindset and you&#8217;re willing to hustle then a lot of money is up for grabs in the gig economy. Hoque has seen people make anywhere from $15 an hour to a few hundred dollars an hour. He says projects are available from $5,000 to $100,000 depending on what kind of work you&#8217;re doing and who you&#8217;re doing that work for.<\/p>\n<p><strong>Original\u00a0article and interview <a href=\"http:\/\/www.fox5ny.com\/your-money\/31283243-story\" target=\"_blank\" rel=\"noopener\">@FOX<\/a>.<\/strong><\/p>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Faisal Hoque, founder of Shadoka and author of &#8220;Survive to Thrive,&#8221; says while anyone can go out on their own, it&#8217;s important to do your homework before jumping head-first.<\/p>\n","protected":false},"author":1,"featured_media":11630,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"inline_featured_image":false,"footnotes":""},"categories":[556,528],"tags":[744,516,735,885,886,625,652,887,576],"class_list":["post-7023","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-most-recent-blogs","category-entrepreneurship","tag-entreprenuership","tag-faisal-hoque-2","tag-fast-company","tag-freelance-economy","tag-gig-economy","tag-growth","tag-leadership","tag-sharing-economy","tag-small-business"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v23.4 - 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