By Olga Mizrahi (2018 – Greenleaf Book Group Press)
This book is an easy-to-read and comprehensive guide to how to not only work in the gig economy, but how to thrive in it. If you’re considering continuing to work in retirement as a consultant, contractor or are transitioning from corporate life today, you’ll find this a valuable resource.
If you’re following along, you’ll be familiar with a few central facts of life today. The first is that people are working longer. In fact, many want to work longer, not just for financial reasons, but for the benefits of continued engagement and satisfaction. In fact, for most people, retirement today will include work of some kind. The second fact of life is that the nature of work has changed and continues to evolve. Perhaps the biggest shifts are the decline of the traditional employment arrangement and the explosive growth of the alternative work economy. One recent study found that most of the job growth following the 2008 financial crisis has come in the form of alternative employment arrangements – and especially among older workers. Looking forward, Mizrahi quotes a McKinsey study that projects that as many as 50% of jobs in the future are likely to be freelance arrangements. Finally, the third fact of life is that working in this segment of the economy requires specific skills, many of which are different from those you honed during your corporate career.
Olga Mizrahi has a clear recommendation on where to start – step back and assess your skill set and what differentiates you from others. She includes useful worksheets to begin that process.
As a veteran of the gig economy as a consultant, I can attest to the value of the advice in this book. My only wish is that it was around 9 years ago when I had made the transition. If you’re thinking about how to leverage your skills part-time or more in your Second Act, this book can give you a head start.
Joe Casey is an executive coach, who also helps people think through and create their Second Act careers, at retirementwisdom.com