I recently experienced the frustration of missing a flight in France, thanks to 1,000 taxis blockading Toulouse airport to display their dissatisfaction of the threat brought to their profession by Uber. It made me think – not just about Uber, but Airbnb, Childcare.co.uk, eBay, Elance, Amazon and other similar websites that are allowing individuals to generate revenue through means other than standard employment. Could these be a solution to all of those mothers and fathers out there, unable to find the perfect paid flexible employment?

At Workpond, we are committed to helping businesses improve their resourcing. We do this by teaching them how to attract the best talent – and one of our key pieces of advice is to make the job flexible. But we know that for every job we create, we could fill 10 more. So what about the unsuccessful candidates?  What can they do?

We find that when we speak to our candidates, both men and women, we discover that they are becoming increasingly innovative about how they generate wealth. It’s rather like the modern portfolio career, but rather than offering their services to many businesses, they are using their assets or time to generate wealth. Perhaps they rent their house out while they are on holiday; they babysit; they do small pieces of freelance work for businesses when needed. They sell second hand clothes, unwanted presents or their own crafted goods online (for themselves or others) or trade stocks and shares through a platform.  These are fantastic ways of ensuring that they are creating wealth while they are waiting for the right timing to commit to a more permanent role or for the perfect flexible position, with the benefit that they are all totally flexible and in their control.

There is no doubt that the majority of us are already independent wealth creators to different degrees and life events will certainly impact our level of activity. When starting a family, we all have a huge range of choices – whether to generate wealth by returning to work – or by building an extension? As our children grow and enter school and childcare needs change, our career aspirations and demands may evolve and we may choose to increase or decrease our work hours or elect to take a different career path and retrain.  Time away from work can allow us to remove the blinkers, explore options, get creative and pursue other wealth generating activities, all thanks to the web and the plethora of options out there.

So, do look at your options – thanks to the Internet, three of our team at Workpond set up their own modern micro-businesses when their children were small. This gave them real pleasure, something to channel their creative energies and experience into and taught them how businesses worked. It has certainly stood them in good stead. The experience has been valuable, it has made their CVs far more interesting and they have a great innovative story to tell at interview. So why not explore and enjoy seeking out new ways to generate wealth. They may lead to better things….

Amanda Seabrook
Written by:
Amanda Seabrook

Founder and MD at Workpond. Amanda has a deep understanding of the UK labour market, the changes that are occurring within it and how businesses are learning to benefit from it – and is available for speaking engagements and Workshops.

Founder and MD at Workpond. Amanda has a deep understanding of the UK labour market, the changes that are occurring within it and how businesses are learning to benefit from it – and is available for speaking engagements and Workshops.

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