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5 Productive Habits to Have in an On-demand Economy

 

As the on-demand economy continues to grow, more would be employees are turning to contingent work. Working for yourself  is the new “American Dream” but making the transition can be hard and freelancing brings with its own unique set of responsibilities that differ from those associated with traditional work. And though our on-demand economy encourages self-starters and entrepreneurs to take the leap, you’ll need much more than faith to get ahead.  Discipline, positivity, hard work and good time & money management skills are the quintessential traits you’ll need to have to succeed.

 

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Successful contingent workers vary in their approaches but they all have certain traits in common. 

For instance, consistency and a dedication are the fundamental character traits of all successful people. Disappointment and failure are unavoidable but it’s those who consistently get back up that cross the finish line. But how do you stay positive, how do you realize it’s not a sprint it’s a marathon? You have to stay positive and look to the beneficial points of your career. Fake it until you make it until it becomes a habit. Of course just thinking positively isn’t enough but it’s a start.

Those who find consistent work in an on-demand economy know that it takes a little more than a positive outlook to flourish it also involves keeping deadlines, managing your income and improving your skills. Moreover, being known as moody or inconsistent can lead to your downfall. Losing reputation is easy, but building a good one is extremely difficult.

Let’s discuss a few productive habits that will help you get ahead in our on-demand economy

 

  1. Fixed routine

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When you get to make your own hours it’s easy to find yourself working whenever you feel like it. Although flexibility can lead to increased productivity etching out a fixed routine will help you make sure you stay consistent. Even if you don’t start work until later in the day it’s important that you consistently do so.

Defining a daily routine can give you insight into your overall availability. A Fixed routine doesn’t mean defining every single hour of the day. It’s about knowing your most productive hours and setting aside ample time to get work done. You can always make adjustments on the fly. But it’s always good to define a framework.

 

  1. Plans, records, analysis:

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It’s important to prepare to-do lists and to plan tasks according to deadlines. Preparing daily, weekly and monthly plans can help you set clear goals. Besides planning it also helps you to see your progress and nothing feels better than a nice big check next to a job well done.

As a freelancer, you have to keep your portfolio and resume updated. Keeping good records and having the supplemental information you need available is not just efficient it can be a game changer. You have to be your own boss in an on-demand economy.

 

  1. Improvement and up-gradation of skills

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Successful freelancers work towards improving their skills. You have to learn and grow in order to excel. As the on-demand economy grows there are communities, forums and websites dedicated to helping on-demand workers stay ahead of the competition. They often offer Online courses, blogs, eBooks and articles that provide guidance and education to freelancers. In order to survive in an on-demand economy, you have to expand your knowledge and skills.

 

  1. Networking and maintaining contacts

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It’s all about networking. Active networking with fellow freelancers can help you meet the right people and make the right connections to get ahead. It is essential to have few trusted friends for support in freelancing. But you can’t just make the connections, you have to maintain them. Establishing a successful name in the industry is important but keeping that name is equally important.

Those who succeed in an on-demand economy are excellent networkers, after being positive and competent being great at networking can take your efforts to the next level.

  1. Management of income

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Freelancers do not have a fixed flow of income. Some days are marked with loads of work and others aren’t. It comes and it goes so you have to manage your income well. You have to plan for rainy days and it’s recommended that you save between  10-15%  of your income every month.  It is also essential to split your taxes, savings and personal expenses. Maintaining a spreadsheet or using an online accounting tool can also help you plan ahead.

 

You have to stay determined and focused, confident and prepared to make it in a competitive on-demand economy. Flexibility and willingness to embrace changes positively will get you through the tough times and help you excel during the great.

Freelancing does not come with a fixed guide to success. So it’s up to you to create the space for it.

 

Image sources: modernobserver.com, talentedladiesclub.com, dianamarinova.com, vaemployerlaw.com, ymoney.weebly.com, blog.strideapp.com, the1thing.com

 

 

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