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00:00:00 – 00:09:18
The video discusses the rising cost of living, especially in cities like Austin, Texas, emphasizing the need for side hustles or online income to mitigate financial pressures. The speaker, with seven years of experience as a full-time gig worker, reviews several apps facilitating gig work:
1. **Amazon Flex**: Requires a vehicle and offers flexible delivery routes, though some cities may have a waiting list. The speaker completes deliveries ahead of schedule.
2. **Wolo**: Offers various jobs without needing a car and quick payouts, potentially leading to full-time positions. It is available nationwide.
3. **Reflex**: Designed for retail positions and highlighted with an example gig from Skims paying $100 for 5 hours.
4. **Uber Eats and DoorDash**: The speaker prefers Uber Eats for its better promotions and criticized DoorDash for low initial offers. DoorDash's recent options for hourly pay and strategies for improving acceptance rates are noted.
5. **InstaWork**: Provides skill-based gigs, such as hotel cleaning or bartending, with a distinction between W9 and 1099 contractor taxing.
The importance of financial management tools like QuickBooks is stressed for tracking mileage, expenses, and income, which is crucial for those balancing W2 and 1099 work. Additionally, the speaker underscores the necessity of acquiring new skills for long-term financial stability, as gig work alone is not a path to substantial wealth. Digital marketing and content creation are suggested as future avenues for income generation, inviting viewers to explore more about making money online.
00:00:00
In this part of the video, the speaker discusses the rising cost of living, especially in cities like Austin, Texas, and the need for side hustles or online income. The speaker, having been a full-time gig worker for seven years, shares six apps used for making extra money. The first app is Amazon Flex, which requires a vehicle and offers flexible delivery routes, sometimes with a waiting list in some cities like Austin. The routes include travel time, and the speaker consistently finishes deliveries ahead of schedule. The second app mentioned is Wolo, which does not require a car and offers payout within two to three business days. Jobs on Wolo include positions like concert security and amusement setups, often reoccurring roles that allow workers to become familiar with the workplaces.
00:03:00
In this segment, the speaker discusses various apps for gig work opportunities. They highlight the Wolo app, which can potentially lead to full-time positions and can be used anywhere in the US, unlike Amazon Flex, which is restricted to the user’s registered city. They introduce a new app called Reflex, designed for filling retail positions, sharing an example of a gig from Skims that paid $100 for 5 hours. The speaker expresses concerns about the possibility of being assigned to a cash register in such gigs.
Additionally, the speaker compares Uber Eats and DoorDash for food delivery, noting a preference for Uber Eats due to better promotions and quests in their area (Austin). They mention updated features on both apps that show the payout and route before accepting a delivery. DoorDash, however, is criticized for low initial offers that impact the acceptance rate, which is crucial for receiving more lucrative offers. The speaker suggests enduring the early phase to improve the acceptance rate and benefit from DoorDash’s potential for higher earnings, as well as their new option for hourly pay.
00:06:00
In this part of the video, the speaker discusses various gig work opportunities and payment structures. They mention that DoorDash now offers an hourly wage from the time a ride is accepted until it’s delivered, plus tips. For a more flexible option, they highlight InstaWork, which provides skill-based gigs such as hotel cleaning, event center work, catering, or bartending, noting that some positions are taxed as W9 while others are 1099 contractors. The importance of tracking finances is emphasized, recommending apps like QuickBooks to manage mileage, expenses, and income, especially crucial for those balancing W2 and 1099 work. The speaker advises that while gig work can provide some extra income, it is not a path to substantial wealth and encourages acquiring additional skills for long-term financial stability.
00:09:00
In this part of the video, the speaker highlights content creation and digital marketing as key areas for future focus. They encourage viewers to explore opportunities for making additional money online and recommend watching a specific video for more information. The speaker concludes by inviting viewers to join them in their future content.