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Old April 22, 2019, 10:47 AM
GordonJ's Avatar
GordonJ GordonJ is offline
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Join Date: Aug 2006
Location: West Palm Beach, FL
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Default Gigs as a biz model has an inherent flaw...GIGS.

Quote:
Originally Posted by Dien Rice View Post
Hi Gordon,

I thought it was interesting seeing all those "gig economy" apps there, and some people could find it useful!

My main issue is, with many of these, you don't have a "toll position"...

For example, let's say you become an Uber/Lyft driver. You don't really have a toll position, because you're competing with everyone else who happens to be near you at the same time. You can't distinguish your service from the other Uber/Lyft drivers (since customers don't "pick" who drives them, it's the app which does that)...

That means, over time, your income will probably drop... And that's what has been reported as happening, over time, Uber/Lyft drivers make less and less...

In a way, it's harder creating your own toll positions, but... You'll probably do better in the long run...!



Best wishes,

Dien
I guess some of these could be converted to businesses, which a toll position might be built around, not many however.

Most gigs are one and done. Then you need another gig. The two things I see on the graphic which could have recurring income and offer a potential toll, are the WRITING and ART, DESIGN AND CRAFTING, as the two obvious gigs where once you do it, it is possible to sell over and over.

Take my E=MC3
mug and tee shirt design. Anything you can Copyright, Trademark or somehow protect, has the opportunity to become a Toll.

Some big moolah comes from LICENSING designs, cartoons, comic book figures, songs...all part of those CREATIVE GIGS listed.

But delivering groceries? Lyft? Uber? A grind with daily slop and mess (to me).

Gordon

PS Even CHALK BOARDS have a recurring income possibility, and if you offer the ads for 6 months, one restaurant gives you TWICE a year income.

Sometimes these type of things get AUTOMATIC renewals too.

Last edited by GordonJ : April 22, 2019 at 11:09 AM.
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