fbpx
The Admin Bar

33% of American's did what? 😳

Jan 21, 2022

By: Kyle Van Deusen

Filed Under:

This page contains affiliate links in accordance with our affiliate policy.
☀ Read in Light Mode
This post is an excerpt from our newsletter, The Friday Chaser. Subscribe and get content like this (plus a recap of everything happening inside our community) delivered to your inbox every Friday morning!

I read a stat this week that was pretty shocking — it said that over 33% of Americans started a side hustle since the pandemic began.

And even more surprising, almost half of those reported that it was profitable.

You can read the article making these claims here.

There’s no doubt the economy is changing.

Getting a job out of school, going into the office every day, working yourself up the ladder, and retiring with a pension is not that common anymore — yet, that’s the route I was taught as a kid not that long ago.

So what does that mean for us and our industry?

I’m not sure any of us know for sure, but here are a few things that come to mind for me…

👉 With more people turning to the internet and having their own business, that’s a lot of potential customers that we didn’t have B.C. (before Covid).

👉 Tools for beginners (like Wix and Squarespace) will continue seeing a huge spike in users, allowing them to invest untold fortunes into making their platforms better, easier to use, and that much more powerful.

👉 With so many more independent businesses, the value of standing out and being found through search is going to become harder and a lot more valuable to people.

👉 Having more choices will allow customers to find people that meet their needs more specifically.

Some of these things excite me, and I can see a lot of opportunities for our industry to thrive. Of course, some of them are a bit scary too.

That’s the thing with change — it’s rarely all good or all bad. It’s a mixture of both opportunities and threats.

In the end, change will force some people to close up shop and disappear, while others will seize the opportunity. The biggest difference between the two might just be the realization and recognition that the change is happening.

This post is an excerpt from our newsletter, The Friday Chaser. Subscribe and get content like this (plus a recap of everything happening inside our community) delivered to your inbox every Friday morning!
tab headshot ml
Kyle Van Deusen
@kylevandeusen

Kyle is the co-host of The Admin Bar, the owner of a agency of one called OGAL Web Design and the co-founder of Docket WP. You’ll likely find him trolling The Admin Bar community.

Enjoy this? Become an Official Barfly!

More from The Bulletin Board

Questions To Ask a Contractor Before Hiring Them

If you’re hiring a freelancer or contractor for your project, fit is everything. Get the right freelancer for the job with these thought-provoking questions.
Abby Wood
Apr 18, 2022

2022 WordPress Agency Survey

In March 2022, we put together an anonymous survey for all of our community members to ask them questions about...
Kyle Van Deusen
Apr 08, 2022

What do web agencies use for the H1 on their home page?

A few weeks back I was talking to one of my buddies in the group who was workshopping different ideas...
Kyle Van Deusen
Apr 01, 2022

Join Our Community

The Admin Bar Facebook group is at the heart of what we do. Join in on the daily conversation and get involved.
Join the Community
tab phone 4k member
© The Admin Bar (a Division of OGAL Web Design) — All Rights Reserved
crossmenu