Gig economy, portfolio career or side hustle?

The BBC reports on research from Henley Business School:

The 28-year-old is part of a generation of “side hustlers” – entrepreneurial young people who work on their own projects alongside their main source of income.

Running a second business or sideline is becoming increasingly common.

One in four workers run at least one side hustle business, Henley Business School estimates, half of which were started in the past two years.

Those aged 25 to 34 are most likely to be involved, with 37% thought to run a sideline of some kind.

Nat West, the Irish dancing drag queen makes a guest appearance.

Henley Business School calculates that the average side hustler makes about 20% of their income through their second job, and are thought to collectively contribute £72bn ($93bn) to the UK economy – 3.6% of GDP [gross domestic product].

Read the BBC article, here.

The Henley Business School report (PDF) is here.

Photo by Lost Co on Unsplash

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