“I’m tired of eating frozen pizza and Kraft dinner all the time” he added, then continued.
“I need a flexible job, rather than working on someone else’s schedule.”
“That’s a tall order Leo,” I said as I poured him another glass of our $7 bottle of merlot.
Leo isn’t alone. Younger generations are caught between the traditional 9-5 employment model and the emerging digital economy. Don’t get caught in the mindset of traditional employment. There are profitable alternatives. Enter the sharing economy.
“What the heck is the sharing economy?” Leo asked.
The sharing economy is composed of hundreds of online platforms that enable people to turn otherwise unproductive assets into income producers. These include homes, cars, parking spots, clothes, consumer items, pets, hobbies, and many others.
Uber, Airbnb, we’ve all heard these names floating around the internet these days. If I had to pick a synonym for the sharing economy, it would be the college economy. This is due to its flexibility and foundation in technology.
So what does this mean for you? According to many economic studies, the sharing economy pays out millions of dollars every day to people just like you. And no one needs money more than a college student on a diet of microwave noodles.
Don’t you need to buy books? Your college professor years ago wrote a terrible book that no one bought. But you now need to buy it for $110. That money needs to come from somewhere, right?
So What Are The Best Jobs For College Students In The Sharing Economy?
The sharing economy can be broken down into many categories, but what we will focus on today are tasking services. Specifically, we will discuss TaskRabbit, a sharing economy website which we argue contains the best jobs for college students.
Why do we say this? For starters, according to New York Stern School of Business, the wage rates on TaskRabbit across every task category are higher than the Bureau of Labor Statistics average for the same profession. Secondly, the average income on TaskRabbit is $48 an hour according to peers.org. Not too shabby!
What Is TaskRabbit?
Founded in 2010, TaskRabbit connects buyers with taskers who complete a number of different tasks for a fee. In simple terms, taskers complete to-do lists. 30,000 people have already signed up as taskers on TaskRabbit.
What type of tasks exist on TaskRabbit? Well, they a numerous, but can include assembling furniture, fixing anything, yard work, cleaning, painting, groceries, professional services, virtual tasks, and much much more.
By much more, we really mean that. Last year a woman hired an actor to impersonate her at a birthday party. I am not making this up, please fact check me. I usually send my condolences if I can’t make a party, but not Marissa from Oakland. Marissa posted on TaskRabbit for an actress to attend her friend Holly’s party. And yes, she found someone.
All potential TaskRabbit jobs you can browse online or through the TaskRabbit smartphone app.
For TaskRabbit, 90% of their workforce are part-time taskers looking for supplemental income. This makes it a perfect job for college students with some spare time.
How Do I Become A Tasker On TaskRabbit?
The registration process to become a tasker is simple. You sign up on the website, fill out a questionnaire, confirm your identity, and submit to a background check. Once approved, you can start taking jobs immediately.
For the security of its buyers, TaskRabbit completes a criminal record check on all taskers. They also offer a $1 million insurance policy in case a task goes wrong, like you blow up someone’s house.
Once a task is complete, TaskRabbit pays out immediately and you are then rated. Your ratings and reviews will form the basis for which you can get more and higher paying jobs in the future. So please pay close attention to your reputation capital.
The payment process is done entirely through the TaskRabbit platform, so no money is exchanged in person.
Although for most tasks you need to be physically present, TaskRabbit does offer virtual tasks. These virtual tasks can be completed from anywhere in the world. So, if you can complete online tasks, you can also become a tasker through TaskRabbit.
These virtual tasks include computer troubleshooting, web design, research, data entry, being a personal assistant, and much more.
Are you a pro at assembling Ikea furniture? Woodworking? Moving? Are you good with your hands? Good at cleaning? Can you do research online? Or even yard work? Can you paint? All these activities can earn you money on TaskRabbit. Get started now by checking out the website and picking a few tasks that you think could apply to your skills.
Oh, and there’s absolutely nothing wrong with Kraft dinner and frozen pizza. Nothing at all.
Glenn Carter is the author of the Secrets of the Sharing Economy series and owner of The Casual Capitalist. Glenn teaches others how to earn money, first by taking their slice of the sharing economy pie.