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lyft

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gig economy
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How COVID-19 Has Impacted the Gig Economy (and How Freelancers Can Pivot)

It’s hard to see any area of work and life that has been left untouched by COVID-19. This unprecedented pandemic has impacted industries and businesses of all sizes, and that includes the gig economy. In March, media like The New York Times predicted the erosion of the gig economy. However, many months later, the reality...
side hustle
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When Insurance Will (and Will Not) Cover Your Side Hustle Property

Around 44 million Americans have taken up what's known as a side hustle. The number of people getting these extra jobs to supplement their income includes about 40 percent of all millennials in the U.S. Side hustles can go a long way to making us feel more financially secure. The added income acts as a...
costovation
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Costovation: Innovation That Gives Your Customers Exactly What They Want (and Nothing More)

The following is excerpted from "Costovation" by Stephen Wunker Copyright © 2018 by Stephen Wunker. Used by permission of HarperCollins Leadership. www.harpercollinsleadership.com. What costovation is and why it matters Aside from its electrifying bright purple and yellow decor, Planet Fitness looks like any other gym: There are rows and rows of elliptical machines and treadmills....
millennial
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Dos and Don’ts for Successful Millennial Entrepreneurs

Building a business from the ground up is no easy task. As an entrepreneur, you have multiple hats to wear in addition to being the ideas guy (or gal). You need to know how to think critically, lead others and use funds responsibly in order to succeed. It doesn't hurt to know how to work...
side hustle
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Common Challenges to Starting (and Maintaining) a Side Hustle

Every once in a while, you might find yourself dreaming of working for yourself, either as a full-fledged entrepreneur, or by testing the waters with a side hustle. Plenty of people have second jobs, or “gigs” to generate passive or active income. In October 2016, a McKinsey survey found 20 percent to 30 percent (162...
taxes
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Managing Taxes in the Gig Economy

The gig economy can be a wonderful way to supplement your income while you’re building a new business. One of the benefits of Uber, Lyft, Shipt, Instacart, Doordash, Postmates or the host of other independent contract platforms is that you can decide if and when you work. As an entrepreneur balancing a demanding schedule, the ability to set your...
chatbot
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4 Benefits Chatbot Technology Can Provide Your Startup

Chatbot: Hello! How may I assist you today? Customer: Is this app available on iPhone 7? Chatbot: Yes, the app is available on all iOs and Android platforms. It is quite possible that you have engaged in an interaction similar to the above example in the past few months. If so, you have already experienced...
chatbots
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Are Chatbots Right for Your Business?

One buzzword right now in the business world is: chatbots. And while bigger businesses like Lyft and Sephora are leveraging chatbots successfully, there’s still plenty of room for startups and small businesses to take advantage of them. But the question is: should you jump on this trend or leave it behind? Wait, what the heck...
gig economy
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6 Things Gig Economy Workers Should Do to Protect Themselves Financially

The gig economy has changed the way nearly 70 million Americans define work. But as a gig economy worker, you’re left to your own devices when it comes to finances. So what should you do? 1. Understand your taxes Gig workers are classified as self-employed independent contractors. That means everything you earn (even if it’s...
gig economy
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Why Millennials Should Join the Gig Economy Before Becoming Entrepreneurs

Last year, a study from McKinsey Global Institute reported that in the United States alone, nearly three in 10 American workers are employed in independent positions. Most independent work is generally of the freelance variety (also called the "gig economy"), such as Lyft or Uber drivers, hosting out rooms in your home through Airbnb, selling...