Latest news with #sideHustle
Associated Press
2 days ago
- Business
- Associated Press
MyGig Launches New Website To Help Professionals Earn More Through Trusted Referrals
Built in collaboration with Hydro Media Group, the new platform reimagines how business professionals earn through high-trust referrals MIDLOTHIAN, VA, UNITED STATES, July 8, 2025 / / -- While 73% of Gen Z scrambles for side hustles to beat inflation, most gig work still feels like a grind. MyGig ( ) just changed that equation entirely. The certified reseller platform launched a completely redesigned website that transforms how business professionals monetize their networks: No hard selling, no career risk, no compromising relationships for a quick buck. 'We're not just launching a website. We're launching a movement,' said Gary Engels, CEO of MyGig. 'The gig economy used to mean driving for Uber or delivering food. Now it means leveraging your professional relationships to create real wealth, the smart way.' Built with outcome-obsessed marketing firm Hydro Media Group, the new platform cuts through the noise with laser focus: get professionals the opportunity to earn from day one through high-trust referrals of business solutions that actually matter. 'Our new site is an extension of our belief that professionals deserve smart, reputation-safe ways to earn,' said Engels. 'It's built to convert interest into action — and action into meaningful income.' The numbers tell the story. With inflation crushing household budgets, over half of Americans now hustle on the side. But most side gigs pay peanuts and demand massive time commitments. MyGig flips that script, enabling professionals to earn meaningful income by simply connecting businesses with solutions they genuinely need. 'What blew me away was the transparency,' says Christine Rico, a certified reseller. 'I can see everything in my downline, understand exactly how each product works and speak confidently about why businesses need these solutions. It's not selling. It's solving problems and getting paid for it.' The platform delivers three game-changers that traditional gig work can't match: — Reputation-safe earning: Professionals maintain their credibility while building income streams that complement, rather than compete with, their primary career. — High-value solutions: Instead of pushing random products, resellers promote curated business solutions that companies actually want and need. — Smart scaling: Built-in training, marketing tools and support systems mean professionals can grow their referral income without becoming full-time salespeople. 'Every professional has a network. Most just don't know how to monetize it ethically,' Engels added. 'We've cracked that code.' The timing couldn't be better. As economic uncertainty drives professionals to diversify income streams, MyGig offers a path that enhances rather than endangers their primary career trajectory. For more information on MyGig or to sign up as a certified reseller, visit ABOUT MYGIG: MyGig empowers business professionals to earn on their own schedule by connecting businesses to valuable financial, HR and technology solutions. The platform makes it simple, ethical and rewarding for tens of thousands of gig workers globally to leverage existing relationships without hard selling or career risk using MyGig's certified reseller platform, academy, marketing tools, live training, contests and recognition programs. ABOUT HYDRO MEDIA GROUP: Hydro Media Group specializes in outcome-driven digital marketing that converts interest into income. Part of The Anchor Group ecosystem, Hydro empowers ambitious professionals to build profitable online businesses through expert training, cutting-edge tools, and strategic partnerships — no experience required. MEDIA CONTACT: Dr. Alexa D'Agostino Hydro Media Group +1 914-414-9314 email us here Legal Disclaimer: EIN Presswire provides this news content 'as is' without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the author above.
Forbes
5 days ago
- Business
- Forbes
4 ChatGPT Prompts To Turn Your Skills Into A Side Hustle
Use ChatGPT prompts to create a side hustle using your skills The gig economy has reached a tipping point. According to Upwork's 2024 Freelancing Forward report, 38% of the U.S. workforce now freelances—a 3% increase from the previous year. But here's what's changed: professionals aren't just driving for rideshare apps or delivering food. They're monetizing specialized skills developed in their primary careers, and ChatGPT is accelerating this transformation. The shift represents more than a trend—it's a fundamental change in how people approach career development and income generation. Where previous generations might have worked a single job for decades, today's professionals are building multiple revenue streams that leverage their expertise in new ways. ChatGPT and similar AI tools have emerged as catalysts in this movement. Rather than replacing human expertise, ChatGPT is helping professionals package, price, and promote their skills more effectively than ever before. The Skills-to-Income Gap Most professionals underestimate the market value of their existing capabilities. A marketing manager might possess advanced Excel skills that small businesses would pay hundreds of dollars to access. A teacher might possess curriculum development expertise that corporate training departments can utilize. The challenge isn't a lack of valuable skills—it's recognizing which ones translate to revenue and knowing how to position them effectively. This recognition gap explains why many side hustles fail to launch despite high interest. Over 36% of working Americans have a side hustle, and the global side hustle economy was valued at $556.7 billion in 2024. But many others express interest without taking action. The difference often comes down to clarity about what to offer and confidence in how to provide it. ChatGPT addresses both obstacles by helping professionals systematically analyze their backgrounds and translate capabilities into marketable services. Four Strategic ChatGPT Prompts for Side Hustle Development Prompt: "Analyze my professional background and identify three skills with strong freelance market demand. For each skill, explain why it's valuable to businesses and suggest specific service offerings. Here's my background: [insert relevant experience, education, and capabilities]This prompt forces a systematic evaluation of your professional toolkit. The key is providing ChatGPT with comprehensive context, not just job titles, but specific projects, software proficiencies, and informal expertise you've developed. The logistics industry provides a clear example. Many professionals in supply chain roles develop vendor relationship management skills through their daily work, but they often overlook these capabilities as marketable standalone services. ChatGPT can help identify and articulate these hidden assets. Prompt: "Create three service tiers (basic, standard, premium) for [specific skill] targeting [specific audience]. Include deliverables, timeline, and suggested pricing based on current market rates. Make each package clearly differentiated in value." Vague service offerings kill potential sales. "I help with marketing" doesn't communicate value the way "90-day social media audit and strategy package: $1,500" does. ChatGPT helps create concrete, understandable offerings that clients can easily evaluate and purchase. Why create tiers? Budget flexibility matters when targeting small businesses with varying resources. Tiers also create additional opportunities as client relationships develop. Prompt: "Write a professional outreach message for [platform] offering [specific service] to [target audience]. Keep it under 150 words, include a specific value proposition, and end with a clear next step. Avoid sales language that sounds automated or generic." The most significant barrier to side hustle success isn't competition—it's fear of rejection. When surveyed, 46.95% of people shared that attracting customers is their biggest challenge when starting a small business or side gig. ChatGPT eliminates that friction by providing a tested framework for initial outreach. Database consulting represents a growing market as businesses accumulate more data than their internal teams can manage. Professionals with technical backgrounds often possess the skills small businesses need but lack confidence in positioning these capabilities as services. Prompt: "Create a 30-day content plan for establishing expertise in [your niche] on [chosen platform]. Include specific post topics, optimal posting frequency, and engagement strategies. Focus on demonstrating knowledge while attracting potential clients." Consistent content creation builds trust and positions you as an expert in your field. But creating content requires knowing what your audience wants to see and how frequently to post. ChatGPT provides a structured approach to content marketing that many professionals struggle to develop independently. The most effective content addresses specific problems your target clients face. For example, a financial analyst might create content about cash flow management for small businesses, while a project manager might share frameworks for team productivity. Making It Work: From Prompts to Paychecks ChatGPT spits out ideas fast, but most people never move beyond the brainstorming phase. What separates actual earners from perpetual planners? These four habits show up repeatedly among professionals who build profitable side businesses: Pick one thing and nail it. Every successful freelancer I know started with a single service. You can offer web design, content creation, and social media management, but clients hire specialists, not generalists. Perfect your core offering before adding complexity. Treat outreach like exercise. Set a weekly target—maybe five LinkedIn messages or three cold emails—and stick to it religiously. The numbers matter less than consistency. Sporadic bursts of activity don't build momentum. Keep score obsessively. Write down every contact attempt, response rate, and piece of client feedback. These notes become your business intelligence. After 50 outreach attempts, you'll spot patterns that inform better targeting and messaging. Guard your calendar fiercely. Side hustles can quickly consume evenings and weekends if you don't set limits. Establish specific work hours and communicate them clearly to clients. Your day job pays the bills—don't jeopardize it for freelance income. The Competitive Advantage of ChatGPT-Assisted Planning ChatGPT-generated plans require human execution and adaptation. The prompts provide frameworks, but successful side hustles depend on relationship building, quality delivery, and continuous improvement—capabilities that remain distinctly human. As the freelance economy continues to expand, professionals who effectively combine their existing expertise with ChatGPT-powered planning and positioning will gain a competitive advantage. The professionals succeeding in this space aren't necessarily the most talented or experienced. They're the ones who recognize the value of their existing skills and take systematic action to monetize them. With the right ChatGPT-assisted approach, that action can begin today.
CTV News
26-06-2025
- Automotive
- CTV News
Renting out your car or backyard to generate extra cash? What to know about insurance
Whether it's camping equipment, your backyard or a vehicle, the peer-to-peer sharing market has boomed in recent years. 'It seems, naturally, that consumers see a benefit when they're not using their space or otherwise to generate additional income for themselves,' said Daniel Ivans, an insurance expert with 'This might be a quick, easy opportunity to maybe make some money.' At a time when many Canadians are struggling to make ends meet, renting out their personal belongings has become a side hustle. But offering assets, especially big-ticket items like a car, for rent is more complicated than just getting an ad up on an app or online forum. It's also about considering the wear on the item and potential damage costs — and finding the right insurance coverage. When bigger assets such as a home or vehicle are made available as short-term rentals, Ivans said they're exposed to additional damage risks. The first thing the host should do is notify their insurance broker and talk about how their situation is changing, he said. If the individual doesn't inform their insurance provider about short-term rental usage of the asset, they could end up losing their policy coverage and be left with a hefty bill in case of damages, Ivans said. Most apps, such as car-sharing app Turo, come with existing insurance for the host's vehicle. Every trip on Turo is covered by the company's commercial insurance policy across provinces, said Bassem El-Rahimy, vice-president of Turo Canada. The company's insurance covers up to $2 million in liability per host, while renters can take on additional protection plans, he added. 'Insurance is essentially built in,' El-Rahimy said. Most Turo hosts don't opt for supplemental insurance on top of what the company and their personal auto insurance provide, he added. 'If anything happens to the car while it's being shared, our insurance policy will cover it and kind of keep the host's insurance policy intact,' El-Rahimy said. Turo also mandates its hosts notify their personal auto insurer about the car usage. 'Insurance is a trust game,' El-Rahimy said. 'You can't be lying or hiding anything from your insurer.' But not all apps may provide that built-in security. Ivans said it often gets hard for insurance companies to evaluate additional exposure when the item is shared with strangers. 'You're not only loaning something to a friend ... but loaning something to the general public,' he said. 'How many providers are out there that are ready to take on that kind of exposure? Probably not too many,' Ivans said. Home insurance can be complicated to assess when a homeowner adds more usage to the property, he said. 'If (consumers) are renting out, say, for example, items like swimming pools or usage of their property, they would want to consult with a broker who can look around to try to find the right company,' Ivans said. David Adams started Sniffspot for city-dwelling pet owners who couldn't find open spaces for their pets in Washington. His solution was to connect dog owners with homeowners who have empty backyards. The idea took off and spread across the United States, eventually moving north of the border. Adams said safety is a key aspect of the idea — making sure no one is injured and no property gets damaged. Like many peer-to-peer sharing apps, Adams said the company offers damage protection and liability insurance. 'Damage protection provides up to $5,000 of protection against any kind of damage that a guest would cause at your property, like a broken gate or a broken chair, things like that,' he said. Liability insurance covers up to $1 million for accidents or injuries that may occur at the property during rented hours, he added. Still, Ivans warned there can be disparities when using peer-to-peer share apps, especially those with a cross-border presence or international markets. 'There are no guarantees that any app or any organization necessarily can provide somebody with full and holistic coverage for (the) household and their family in the potential case of financial devastation,' he said. This report by The Canadian Press was first published June 26, 2025. Ritika Dubey, The Canadian Press
Yahoo
21-06-2025
- Business
- Yahoo
Couple's side hustle amid double redundancy secures $13 million fortune: 'Big turning point'
Jooli Chan had her second baby in 2020, and after her husband Jag was made redundant she fully expected to return to her digital marketing job after maternity leave. But as Covid hit, she also found herself without a job. It would have been a scary time if not for the side hustle the Chans had been working on for years. The duo sold traditional Nepalese craft products at markets all over Victoria, and they'd got themselves quite a following. 'Jag's hometown is in Nepal, and we wanted to show all the different crafts made there,' Chan told Yahoo Finance, explaining why they got started. Aussies cash in on $5,000 side hustle anyone can do after woman's $6 million idea Centrelink age pension changes coming into effect from July 1 New $363 EV tax plan for electric car drivers amid $67.6 billion cost That focus changed after the 2015 earthquake that devastated the country. 'We went to Nepal a month after the earthquake, and after that, our primary goal was to help people there," the 44-year-old said "There were some felt workshops left standing, and we decided to focus on felt products. Many of the women working there were depending on foreign aid, so selling to us was a way for them to rebuild their lives."Before the Melbourne resident was made redundant, Chan had designed a website, Tara Treasures, to sell to customers online. 'Tara is the Tibetan Goddess of compassion,' Chan said. 'We actually also named our daughter Tara, after the business.' Weeks after the website was up and running lockdowns hit and, with no local markets operating, the Chans turned their focus to online sales. Shortly after that, Jooli lost her job and it became their only source of income. 'It was not easy with the two of us and two kids at home, one a new baby, but I'm a digital marketeer so I had lots of knowledge there and some understanding of social media,' she said. 'We grew the business with paid advertising and social media was the big turning point. Our Instagram became this big, engaged audience.' Chan's design nous went further than just the website though and she started thinking about products for their felt workshops to make, focusing on toys. Finger puppets, toy food, playmats using the solar system, cot mobiles — anything her kids, Kieran, now 7, and Tara, now 5, were into, she designed into something the artisan felt makers in Nepal could create. The products started flying off the shelves, and by September 2020, the Chans rented their first warehouse. Soon after, they were introduced to a licensing company and were asked to bring classic children's books to life with their felt toys. 'We have been lucky enough to create a May Gibbs collection. In June we will launch Julia Donaldson's 'The Gruffalo', and we are the first business to obtain the license for 'Wombat Stew' from Scholastic Australia,' Chan said. They also made the decision to get Fairtrade Certified, opening up all their practices for scrutiny and becoming Australia's first children's brand to get the tick of approval. 'Anyone can say their products are 'ethically made' but what does that even mean?' Chan said. 'How do you know that your factory doesn't have sweatshops as subcontractors? "We spent almost two years registering our business with Fairtrade. The women in Nepal who work for us are paid award wages and all the factories they work in are currently in the process of becoming Fairtrade certified as well.' Since transitioning from a market-based business to an online model in 2020, Tara Treasures has boomed, with a total revenue of $13 million. The revenue for the 2024/25 financial year alone will reach $5.5 million, a 72 per cent increase year-on-year, and the business has expanded to include 800 retailers worldwide, with 30 per cent of its sales from the US. 'I am the CEO so I'm across all the different parts of the business and my husband is on the finance and production side,' Chan said. 'There have been so many big learnings along the way but for me, following my heart has been a big one. Earnings are a part of the equation but you have to see purpose in what you do. You create your business from the heart.' The Chans are proud of a lot of things they have done, and rightly so. They now employ 350 artisans in Nepal across five production facilities and have a team of 17 in Australia. Their products are used as teaching aids in schools and early learning centres throughout Australia, and they've even got their children involved in the business, helping design things they want to play with. 'I'm very proud of the finger puppets I designed because they were so well received and really put us out there,' Chan said. 'Next we are collaborating with Zoos Victoria on a range of puppets of endangered animals, and I hope to tie up with more education-centric suppliers in future.' On balance, it means that being made redundant was the best thing that could have happened to both Jooli and Jag. 'I'd never go back to corporate now,' she said. 'Redundancy really opened more windows.'Error in retrieving data Sign in to access your portfolio Error in retrieving data
Daily Mail
20-06-2025
- Business
- Daily Mail
Urgent warning to Aussies with a side hustle from UberEats delivery drivers to OnlyFans models
Australians working side hustle jobs are set to get a rude tax bill as the government cracks down on gig economy roles. The Australian Taxation Office is now directly contacting digital platforms to identify potential income taxpayers - meaning those with a side hustle can no longer hide. CPA Australia, which represents Certified Practising Accountants, warned the ATO's new sharing economy reporting regime was targeting everyone from social media influencers to food deliverers. Jenny Wong, the group's tax lead, said this meant Australians doing gig economy jobs with the likes of UberEats, DoorDash, Airtasker, YouTube and even OnlyFans risked a big tax bill if they failed to declare their income from these platforms. 'Until this year, individuals have been required to self-declare the income from their side-hustles,' she said. 'Now nothing will go under the radar. If you deliver food with DoorDash, work some casual jobs through Airtasker, or make content for Patreon, YouTube or OnlyFans, these sites are now reporting your earnings to the tax office. 'Though people might not consider earnings from digital platforms as income in the same way as their regular job, it is all viewed the same way by the ATO. 'Chances are that many people have simply not been declaring this income at tax time. That all changes now.' Ms Wong said the tax office was also targeting those who rented out items online. 'If you use a website to rent out a car parking space or your designer handbag, this income will be recorded, and you'll need to pay tax,' she said. The tax office's sharing economy reporting regime is expanding, meaning it will now be aware of all income earned from gig economy jobs in the 2024-25 financial year, above the $18,200 tax-free threshold. 'So, if you've had a successful year earning money through advertising revenue and streaming subscriptions, as well as through gifts and gratuities, the ATO will be expecting you to cough up,' she said. 'Yes, this even includes free cars, holidays, clothes and anything else you're lucky enough to receive as a form of payment. 'Depending on how much you've earned during the year, this could be a significant amount, maybe even tens of thousands of dollars.' What can be claimed on tax? Australian workers can claim items worth up to $300 in one financial year if they are used exclusively for work purposes, including a handbag used to carry a laptop computer and home office furniture. But H&R Block's director of tax communications Mark Chapman said these items had to be used to generate an income. 'Let's be clear: to claim items like bags or sunglasses, they must be used in the course of earning income; and if there's any personal use, only the work-related portion can be claimed. And as always, records are essential,' he said. 'Items of capital equipment (such as furniture, computers and associated hardware and software) which cost less than $300 can be written off in full immediately.' Australians working from home can claim 70 cents an hour on their tax, as a fixed rate claim method, provided they had proof since July 2024, in the form of diary entries, rosters or time sheets. Purchases made before June 30 can also be claimed as a tax deduction. 'With many retailers running end of financial year specials, any purchases you make now can be deducted in this year's tax return so from a cash flow point of view, you can minimise the time between purchase and tax deduction,' Mr Chapman said. What's the biggest misunderstanding about tax claims? Tax planning accountant Ben Johnston, a director of Johnston Advisory, said he had encountered many Australians during his three-decade career who thought the entire cost of a work-related item could be claimed on tax - because of those end of financial year sale campaigns on television. 'The benefits of tax deductions are so overstated where leading into the financial year - Officeworks, Dick Smith, Harvey Norman - all encouraging and really making people have urgency to spend money where it's actually really dumb to spend money to save tax,' he told Daily Mail Australia. 'Our tax system confuses and misleads people to spend money they don't need to just to save tax. 'A lot of people think they spend $10 on stationery and they get $10 back in tax when in fact they might be lucky to get $3.20 back. 'The notion of something being a hundred per cent tax deductible gets confused with being 100 per cent refundable and it's so false and retailers really prey on it.' Mr Johnston said he was frustrated by how many people didn't realise a tax claim simply reduced someone's taxable income. This led to them spending money falsely hoping to save money, even if it didn't necessarily put them into a lower marginal tax bracket. 'A refund's actually a false economy in a lot of ways - a lot of people don't understand that,' he said. 'Someone earning $200,000 a year - the most they get back out of that $10 is $4.70. 'If you're an apprentice, that hasn't worked a full year or only earned under $20,000, you spent $10, they get no money back because they don't pay tax. 'You only spend money on what you need for work - if you spend money incentivised for tax, then you're stupid; you're only getting a proportion of it back based on what your tax bracket is.'
