Podcast appearances and mentions of diane mulcahy

Independent work, self-employment and the gig economy have been evolving in the past decade, changing our understanding of traditional employment. However, with the rise in self-employment comes the need to adapt our laws and legislation to accommodate pension schemes and benefits that many self-employed do not have, compared with their traditional counterparts.   In this episode of The Sound of Economics, Giuseppe Porcaro is joined by Diane Mulcahy and Milena Nikolova of Bruegel, to discuss the future of self-employment, what it means for traditional workers, and what it entails for policymakers. This podcast was produced within the project “Future of Work and Inclusive Growth in Europe“, with the financial support of the Mastercard Center for Inclusive Growth. Relevant Publications: Nikolova, Milena (2022) ‘Can working solo be good for entrepreneurs?', Bruegel Blog, 13 July Gruber-Risak, M., Hatzopoulos, V. and D.Mulcahy (2022) ‘Policies to support the self-employed in the labour markets of the future', Policy Contribution 08/2022, Bruegel Christie, R., M. Grzegorczyk and D. Mulcahy (2022) ‘Better pensions for the European Union's self-employed', Policy Contribution 05/2022, Bruegel

Welcome to a talk about the gig economy and the future of work with Diane Mulcahy. Diane is the author of The Gig Economy (Harper Collins), a bestselling book on Amazon and a VC investor. We will discuss: · What is "the gig economy" and how it will be affected by the Covid crisis · What is the biggest advantage to developing a career as an independent worker? · How do you think career thinking & mindset needs to change? Thanks for watching Invincible innovation LIVE A Show About The Future Of People With Tech I'm Adi Mazor Kario, #1 Product Innovation & Value Creation Expert, Invincible Innovation. I'd love to hear your feedback and thoughts in the comments below! If you want to know more about me and my work: https://www.invincibleinnovation.com/ Invincible Innovation on Facebook: https://bit.ly/3xtwPt9 Innovating Through Chaos Book: https://amzn.to/3gAVLbu Adi's LinkedIn: https://bit.ly/3vuAplA Hope you'll enjoy the talk! #innovation #thegigeconomy #remotework #vc #investment #startup #innovation #leadership #management #invincibleinnovation #openinnovation #cocreation #opportunities #valuecreation

Have you considered entering the gig economy? A new world of work often described as a work life that is filled with freedom, flexibly and happiness. Although this may be true, striking out on your own and sustaining this type of career forces us to develop new skills and attitudes that are different from those we have used in traditional careers. My guest Diane Mulcahy created the first college course on the Gig Economy. The course gained immediate traction and was named by Forbes as one of the Top Ten Most Innovative Business School Courses in the country. Out of that course grew a best selling book called The Gig Economy: The Complete Guide to Getting Better Work, Taking More Time Off and Financing the Life You Want. In this episode Diane describes the emergence of the “new” American dream, how to create your own security by cultivating multiple sources of income, and the exact steps you can take, while you are employed, to prepare and plan a career inside the gig economy. Take a listen to my conversation with Diane Mulcahy.

Diane Mulcahy, independent consultant and advisor to Fortune 500 and startup company clients on the future of work, created the first MBA course in the country on the Gig Economy and used it to inform her best-selling book of the same name. In this epsidoe, MBO Partners, speaks with Diane about how the coronavirus pandemic has accelerated the Gig Economy and how the experience of the last year has both emphasized the benefits of a strong independent work economy and highlighted the need for improved labor policy. Diane talks about how gig work de-risks economic shocks for both the independent worker and the enterprises looking to be nimble in today's economy. She touches on how the last year has shaped our notions about flexibility and what a new digital nomadism might look like. She also speaks about how policies that helped protect independent workers during the pandemic can now set the stage for the extension of other protections that will further strengthen the independent economy. About This Episode's GuestDiane Mulcahy is a sought-after expert on the future of work and the gig economy. She also works independently as a consultant and advisor to Fortune 500 and startup company clients, and as a speaker, writer, and adjunct professor at Babson College, where she launched the first MBA course on the Gig Economy. The book that sprang from that course, The Gig Economy: The Complete Guide to Getting Better Work, Taking More Time Off, and Financing the Life You Want, is an Amazon best-seller and has been translated into five languages. In addition to her work in the Gig Economy, Diane has been a professional investor for the past 15 years. She is an Advisor to the Kauffman Foundation, where she manages the private equity and venture capital portfolio. About MBO Partners®MBO Partners is a deep jobs platform that connects and enables independent professionals and microbusiness owners to do business safely and effectively with enterprise organizations. Its unmatched experience and industry leadership enable it to operate on the forefront of the independent economy and consistently advance the next way of working. For more information, visit​ mbopartners.com.Episode hosted by Aassia Haq; produced, edited, and engineered by Leslie Jennings Rowley. With music by Brian Burrows. For more episodes, visit mbopartners.com/state-of-independence/podcast/. MBO Partners © 2021

In this episode, we discuss Diane's journey from traveling the world, being a venture capital investor, an academic lecturer, and author of the fantastic book: The Gig Economy.   We discuss Diane's ultimate goal which is "To Live an Interesting Life". I hope her profile and her book inspire you to be reflective and to help you define what success means for you.  Please enjoy this interview with Diane Mulcahy. 

Before it was even a thing, Diane Mulcahy created the first course in the country on the Gig Economy and in the MBA program at Babson College. Out of that course grew a book, The Gig Economy. Diane works in the Gig Economy as a consultant and advisor to Fortune 500 and startup company clients, and as a speaker, writer, and adjunct professor. In this episode, you will learn:- key insights from Diane's book, The Gig Economy- how to take advantage of opportunities in 2021- how to create inbound opportunities through content marketing- how the gig economy for professional workers is continuing to growAs always, this episode with notes is available on my website.Connect with Diane on Twitter!

Diane Mulcahy is an advisor to both Fortune 500 companies and startups, is a regular contributor to Forbes and is the author of the bestselling book “The Gig Economy: The Complete Guide to Getting Better Work, Taking More Time Off, and Financing the Life You Want”   Diane was early to the party: When she started teaching MBA students a course on these ideas, some people thought she was talking about Computer Memory. But what made me really want to talk to her was how she decided to go deeper into the topic via teaching - one of the most powerful ways to learn anything! I was also eager to learn more about how she helps organizations work with these trends, rather than against them - I wanted to learn about her approach as a coach and advisor. And you can see, her secret is slowing down conversations.   The future of work is more than gigs on Lyft and Uber or Taskrabbit.    Barbara Soalheiro, of the consultancy Mesa, in our conversation on the podcast back in season three posited that the best and the brightest wouldn't want a full time job in the future...which is why she's designed her innovation sprints to be one week - to help brands bring the best brains in for short sprints.   This is why Diane finds tremendous opportunities to coach and advise organizations to adapt to and survive this transition in what people want from work.   Traditional orgs need to put significant effort into shifting their cultures on:   Trust in Management- Facetime isn't the same as work (ie, Clock and Chair Management doesn't work in this new world - for more on this, check out Diane's Forbes article on Trust) Projects over Jobs - Define clear outcomes and break up jobs into clear projects and deliverables. Processes and Systems - Internal systems have to adjust to be more nimble and customer-grade.   We talk about the importance of slowing conversations down when there's internal resistance: Diane relates her sense that Orgs seem to be saying.   “We know these things are happening. We know we have to respond,"    ...but then it turns out, they want to respond without really changing anything. Diane points out that that's not possible.   The way through is patient conversation, and Diane gives me some deep pointers on shifting challenging conversations with silence.   We also reminisce about travel and I try to get her to tell me what her next forward thinking, trend-setting MBA course will be on...which you'll have to listen to end to learn all about!   Explore all things Diane Mulcahy Dianemulcahy.com where you can find links to her other books (she also writes about venture investing) and to many of her online articles.   Head over to the conversationfactory.com/listen for full episode transcripts, links, show notes  and more key quotes and ideas. You can also head over there and become a monthly supporter of the show for as little as $8 a month. You'll get complimentary access to exclusive workshops and resources that I only share with this circle of facilitators and leaders. Support the Podcast and Get insider Access Link: https://theconversationfactory.com/conversation-factory-insider

For audio, scroll down. We discuss Diane’s book The Gig Economy: The Complete Guide to Getting Better Work, Taking More Time off, and Financing the Life you Want. Diane takes us through: What exactly the gig economy is and why it has come to be Why the gig economy could actually be better than our […]

Diane Mulcahy, the author of “The Gig Economy” is on the show to discuss her best time management strategies. In her book, she devoted an entire chapter to the subject. We do a deep dive. In just thirty-five minutes you'll learn strategies to align your priorities with your calendar, creates systems for success, create boundaries so you gain more time back in your schedule, and more! If you are struggling with managing your time or just want to create better systems, you'll love today's show. You can access the show notes at https://thegoodlifecoach.com/085

https://www.dianemulcahy.com/ Diana's profile:I work as an Advisor for a limited number of Fortune 500 companies, startups, and family offices. A sampling of my work is below. I also take on occasional short-term and high impact consulting projects.  Serve as an Advisor for a seed-funded startup focused on leveraging blockchain technology in the Gig EconomyOn the Board of Advisors for an award-winning agtech startup that brings the Gig Economy to farmersDeveloped a product strategy for a Fortune 500 insurance company interested in offering targeted insurance products to independent workersWorked with the innovation team of a large financial services firm to identify opportunities to develop financial products and services for independent workersHelped a single family office evaluate their private equity portfolio and prepare for a secondary saleFor a large financial services firm, led an executive strategy session to create a plan for recruiting and managing independent workersSpent a year working closely with a Gig Economy platform to create a public policy and advocacy strategy supporting their independent workers

Diane Mulcahy wrote "The Gig Economy", a best-seller. She chats on how to develop a career as an independent worker when traditional careers aren't traditional anymore.

Diane and I talk about the valuing of time alongside varied sources of income and the new era of technology-enabled access over ownership.Millenials and Zs have been turning their nose up at debt-burdened cubicle lives and increasingly prioritize quality of experiences over quantity of possessions.Meanwhile Gen X observes Boomer retirement and reconsiders the false promise of leisure decades following career.Nontraditional paths, continuous informal education, skills over credentials, meaningful pursuits and diminished career climbing are all part of our conversation.Important themes include the impending Renaissance of meaningful opportunity and creative endeavor, COVID19 revelations about the gig economy and the institutional, regulatory and legal supports necessary for a thriving 21st century world of work.Follow Diane's articles and updates at www.dianemulcahy.com, catch her on podcasts and YouTube and above all, read her insightful book The Gig Economy.

Do you have a side hustle or make a living as an independent worker?   Would you like to know how to make some extra money living the gig life?  Diane Mulcahy, the author of "The Gig Economy" is on the show to answer these questions and more.  Whether you work within a corporation, are an entrepreneur, a stay-at-home mom, or have a job and also a side gig/hustle, there is something in this episode for you!  You can access the show notes at https://thegoodlifecoach.com/070

In this episode, Derek talks about how to build a side gig and how the gig economy will transform the job market.

Welcome to episode #694 of Six Pixels of Separation. Here it is: Six Pixels of Separation - Episode #694 - Host: Mitch Joel. Before it was even a thing, Diane Mulcahy created the first course in the United States on the gig economy and teaches it in the MBA program at Babson College. The course gained immediate traction and was named by Forbes as one of the Top Ten Most Innovate Business School Courses. Out of that course grew a book. Diane is the author of The Gig Economy. She also walks her talk. She works independently, remotely and flexibly in the gig economy as a consultant, advisor, speaker, writer and teacher. Diane has been an investor for the past fifteen years. She is an Advisor to the Kauffman Foundation, where she manages the private equity and venture capital portfolio. She is also the author of We Have Met the Enemy …and He Is Us, a widely read report on the VC industry. In this episode we dig deep into the future of work, if the gig economy is tenable for our society, and the evils of the big market caps and over-promising based on the gig economy (Uber and WeWork much?). Enjoy the conversation...  Running time: 52:18. Hello from beautiful Montreal. Subscribe over at iTunes. Please visit and leave comments on the blog - Six Pixels of Separation. Feel free to connect to me directly on Facebook here: Mitch Joel on Facebook. or you can connect on LinkedIn. ...or on Twitter. Here is my conversation with Diane Mulcahy. The Gig Economy. We Have Met the Enemy …and He Is Us Follow Diane on Twitter. Follow Diane on Instagram. This week's music: David Usher 'St. Lawrence River'.

Before it was even a thing, Diane Mulcahy created an MBA course on the gig economy at Babson College. Gaining immediate traction, it was named by Forbes as one of the top ten most innovative business school courses in the country. Diane is the author of The Gig Economy, a bestselling book that has been translated into five languages and featured widely in national media. She joins us today to talk about outside-the-box jobs and what led to her interest in writing about these. With a goal to help small business owners grow a truly successful company that does not take over every inch of their life, Amy Walker put up her consulting company called Amy Walker Consulting. Amy is a small business strategist, international speaker, executive business coach, and an author. Today, she shares how playing to your strengths, getting the right people in the right places, and putting up systems can help people make it past six figures in their business. She also gives some tips on reclaiming your balance. Love the show? Subscribe, rate, review, and share!Here’s How »Join the Take The Lead community today:DrDianeHamilton.comDr. Diane Hamilton FacebookDr. Diane Hamilton TwitterDr. Diane Hamilton LinkedInDr. Diane Hamilton YouTubeDr. Diane Hamilton Instagram

Diane Mulcahy is the author of The Gig Economy: The Complete Guide to Getting Better Work, Taking More Time Off, and Financing the Life You Want. A keynote speaker, Diane has been known to speak in multiple platforms and appeared~ in CNN, Forbes, Huffington Post, The New York Times, The New Yorker, and Oprah.com among others.   What We Discuss with Diane Mulcahy: What is the gig economy?  There's no such thing as job security!  Having an "exit" strategy (even if you currently have a job) The concept of inbound connecting  Some great strategies in getting started with writing Skillsets to thrive in the gig economy Using fear to power through your transformation Why you need to take some time off between gigs The power of experimentation to finally live the life that you really want Diane’s writing process and picking the right agent   Like this show? Please leave us a review here -- even one sentence helps! Consider including your Twitter handle so we can thank you personally!

This month, California State Senators passed California Assembly Bill 5 better known as AB5, California’s Gig Economy Worker Bill. AB5 requires workers previously classified as independent contractors to be classified as employees. AB5 now heads to Governor Gavin Newsom’s office. Supporters of the bill praise the minimum wage and sick leave benefits of AB5, affording them greater labor protections, whereas opponents, like Uber & Lyft, argue that AB5 would impact the flexibility and freedom of workers. States like Massachusetts, Virginia and New Jersey, already have laws similar to AB5 in place. On Lawyer 2 Lawyer, host Craig Williams is joined by Diane Mulcahy, an adjunct lecturer in the Entrepreneurship division at Babson College and author of The Gig Economy, and William B. Gould IV, the Charles A. Beardsley professor of law, Emeritus, at Stanford Law School, to discuss California's AB5 gig work bill, the gig-economy, and the impact on the workplace. Special thanks to our sponsors, Clio and Blue J Legal.

Jon works with startup business founders and early-stage company CEOs and management teams to help them set clear, growth-oriented goals and get the best possible outcomes. He serves on several advisory boards and speaks regularly about the role of technology and innovation in healthcare; he helps entrepreneurs who are 50-plus. He is the author of SLAM: Build your startup idea or early stage business with the Startup Launch Assistance Map, Marc is asking for your financial support for the Repurpose Your Career podcast. Please donate at Glow.fm/repurposeyourcareer to support this Podcast.   Key Takeaways: [1:40] Marc welcomes you to Episode 146 of the Repurpose Your Career podcast. [1:54] If you are enjoying this podcast, please share it with other like-minded souls. Subscribe on CareerPivot.com, iTunes, or any of the other apps that supply podcasts. Share it on social media or just tell your neighbors and colleagues. The more people Marc reaches, the more people he can help. [2:13] Marc’s expenses to put this podcast on are about $400.00 a month. After nearly 150 episodes, Marc is grateful for his growing audience. It’s clear that the stories from experts and people like yourself on this podcast have had an impact. Marc needs help continuing to provide entertaining content, mindful of your time. [2:50] Marc is asking for direct listener support. Marc asks you for a donation of $5.00 a month but you can contribute as much or as little as you like. Every penny counts. [3:05] If the Repurpose Your Career podcast is a part of your week and you love what Marc is doing, please support the podcast today. Go to Glow.fm/repurposeyourcareer/ to give. This link will be at the top of the show notes at CareerPivot.com/episode-146. [3:31] Repurpose Your Career, Third Edition, is now available! The book tour has launched. Marc will likely be in Austin when you hear this episode, the week of September 22nd. Marc will be in New Jersey, the week of September 29th and D.C., the following week. Marc would love to meet his readers and listeners. [3:50] Marc has two events planned for Austin, four for New Jersey and a meet-and-greet in D.C. Please go to CareerPivot.com/launch to find out more.[4:03] Next week, Marc will interview Paul Vogelsang, a career pivoter who, after being laid off by one of the big tech giants in his late 50s, is now a successful podcaster. He has The Not Old — Better Show, which Marc has been a guest on, twice. [4:22] This week, Marc interviews Jon Warner, author of SLAM: Build your startup idea or early stage business with the Startup Launch Assistance Map. Marc shares Jon’s bio and welcomes Jon to the Repurpose Your Career podcast. [5:20] Jon shares his purpose for writing SLAM. Jon had been using the Lean Business Model Canvas. He found it to be transformational for startups, but he started noticing a few issues people struggled with in using it. Jon started annotating and making up ways of compensating for those issues. [5:56] Jon started keeping notes for himself about the issues and developing adjunct materials of his own. He saw he was re-engineering the process and wrote an article a couple of years ago about it. The article seemed to resonate. It became the idea for the SLAM model book. [6:29] The SLAM model gives startups an exploratory grid to help them navigate the typical risks that happen in startup life. [6:51] Jon answers how the SLAM model can apply to those over 50. The challenge in entrepreneurship is to ‘de-risk’ what you are doing, as much as possible. The risk is greater for those who are in the second half of life. Jon focuses on the healthcare realm. He is very interested in innovation and technology for older adults. [8:31] Marc refers to the podcast Episode 136 with Diane Mulcahy, author of The Gig Economy: The Complete Guide to Getting Better Work, Taking More Time Off, and Financing the Life You Want. Diane has a section in her book on how to de-risk. [9:00] Jon uses a real case study of 50-plus food truck owners to illustrate the SLAM model in his book. Jon teaches two models. The first is a validation process consisting of an eight-step pathway to think about scaling a startup or a side hustle. Validation is the most important process to see if you have the potential to execute your startup. [10:38] The second model is the execution template. Jon has an acronym for it: GRAND, starting with Goals. Putting the two models together gives you the GRAND SLAM and the success you want. [11:08] Both models are designed as exploration templates, giving people a framework to ask questions to which answers need to be discovered, ideally, in the eyes of the customer you are most focused on serving. [11:32] The SLAM process has eight steps. Step 1: Drill into the unmet need of the customer tribe, which Jon calls the ‘hair on fire tribe.’ Step one can take months or years to gather enough data to validate the need. Step 2: Identify the key team you need to solve the problem for that tribe of customers. [13:07] Step 3: Develop the Value Proposition to solve that problem for that tribe. These three steps are the ‘Product-Market Fit.’ Step 4: Corroborate that the hypotheses around the product and the market fit are accurate in the eyes of customers. Step 5: Determine that the market is large enough for you to achieve what you want to achieve. [13:57] Step 6: Develop a go-to-market strategy. Where does the tribe hang out and how do you reach them? Identify the channels carefully. Step 7: Monetization. What does the business model look like? What is the tribe willing to pay to solve that particular problem or pain point? [14:16] Step 8: Map the Business Ecosystem. Jon explains what this involves. [14:50] Marc emphasizes the importance of Step 1. Don’t make stuff up. Marc shares from his experiences developing curriculum in 40 countries. No matter who he thinks the audience is, he’s always wrong! [15:18] Jon Quotes Steve Blank that “No plan survives first contact with a customer.” You can’t just build it and expect that they will come. A small sample is a problem. The pain points of a few friends do not give enough credentials to start a business. Get valid feedback from real customers to see if you can scale a solution for them. [16:25] The SLAM model doesn’t distinguish between product or service businesses, or business size. It is going to be more useful at an earlier stage of a business. By the time a business has institutional capital, it is usually beyond this process.[17:16] The SLAM model is aimed at people who are ideating about a business idea, or have a side hustle going they want to scale, or have taken the first steps and are a few months into their business startup and have bootstrapped it. [17:58] Jon talks about the steps where he sees people make the biggest mistakes: assuming they know the unmet need they are solving, and getting into ‘product build’ too quickly. People like to start with the minimal viable product right out of the gate before they know if it solves the market pain points. [18:56] These mistakes may require either re-engineering the product, or throwing it away at a waste of time and money. [19:16] Marc asks about service-based businesses. Jon points out that service businesses can be very different from product businesses, and the intended scale is very important. The process of validating the business potential is the same, requiring answers to the same questions. [20:19] Jon specifies that customer discovery is a very separate activity from product research. Discovery is finding out from customers what keeps them up at night and what they are doing about it right now as a temporary solution, and listening hard to them. [21:11] Marc talks about a member of the online community building a service-based business helping small construction companies, and a bad assumption that he had. [21:43] Jon says a lot of books will give broad ideas for business you could start. Jon mentions businesses jumping onto Shopify as an ecommerce solution. Don’t look at general ideas. Dig in and find the tribe, pain point, and a unique solution you can provide. [22:55] An older entrepreneur will learn from the book SLAM that there is a pathway they can follow. They have a lot of world experience, but Jon notes that what they have done in the past doesn’t necessarily apply to what they want to do next. The book helps them deconstruct their bad assumptions and mental traps to avoid. [23:44] SLAM will encourage the older entrepreneur to test everything and assume nothing. Assumptions are the enemy of a successful startup if they’re not corroborated at scale. The book is an exploration grid. It helps individuals to tip their thinking upside-down. [24:25] Jon’s advice for the older entrepreneur: Spend as little money as possible from the beginning and engage deeply in research about the sector they’re thinking about. Avoid building a product. Go and talk to customers. It’s scary at first, but hugely valuable to talk to 25 or 30 members of the tribe you want to serve. Look for patterns. [25:40] Another tip is that the smaller you make your beachhead markets, the more likely you are to be successful. When you tailor your offering to a particular need, your chances of getting traction are better and you can dominate that sector quickly. Then look at adjunct sectors a step at a time, and scale slowly. [28:00] Marc shares a big mistake he sees. People either want to have a traditional business with employees or they want to do it all themselves. They forget about virtual assistants that you pay with 1099s. Marc talks about his background with IBM and Lucent Technologies. Those are not the models to follow. [29:03] Jon refers back to Step 2, the Key Team. This can be made of a co-founder or two and several virtual assistants, consultants, and advisors. Digitalization has helped us get a team that can be dispersed internationally. [31:04] Marc’s co-author is in Portugal and his book designer is in Ghana, while Marc is in Mexico. They talk to each other on Facebook. [31:18] Jon shares his book and contact information: SLAMProcess.com, Jon C. Warner on LinkedIn, JonCWarner on Twitter, and SLAMProcess on Facebook. [31:28] Marc thanks Jon for being in this episode of the Repurpose Your Career podcast. Marc hopes you enjoyed the episode. Marc brought Jon into the Career Pivot Membership Community group to discuss the entrepreneurial mindset. Marc may use that fascinating discussion in an upcoming episode. [31:50] The Career Pivot Membership Community is a platform to provide both inspiration and practical help in creating changes in our lives and careers. It continues to help the approximately 50 members who are participating in the Beta phase of this project. [32:00] This is a community where everyone is there to help everyone else. They have been hovering at about 50 members for a while. Members are experiencing successes like going back to work, starting new businesses — even someone buying a franchise. Some leave the community when they’ve found success, while others stay. [32:23] Their legacy stays with the community as they have built an extensive library of forum entries and discussions. Marc will be publishing shortly testimonials of what they got from being part of this community. There are successes in just about every week. It’s all about perseverance and mutual help. [32:44] Marc is recruiting members for the next cohort. If you are interested in the endeavor and would like to be put on the waiting list, please go to CareerPivot.com/Community. The members of the initial cohorts help set the direction of the endeavor. [33:06] This is a paid membership community with group coaching, mastermind groups, and special content. More importantly, it’s a community where you can seek help. Please go to CareerPivot.com/Community to learn more. [33:24] Marc invites you to connect with him on LinkedIn.com/in/mrmiller. Just include in the connection request that you listen to this podcast. You can look for Career Pivot on Facebook, LinkedIn, or @CareerPivot on Twitter. [33:42] Please come back next week, when Marc will interview podcaster Paul Vogelsang. [33:50] Please support this podcast by going to Glow.fm/repurposeyourcareer. [34:02] Marc thanks you for listening to the Repurpose Your Career podcast. You will find the show notes for this episode at CareerPivot.com/episode-146. [34:13] Please hop over to CareerPivot.com and subscribe to get updates on this podcast and all the other happenings at Career Pivot. You can also subscribe to the podcast on iTunes, Stitcher, the Google Podcasts app, Podbean, the Overcast app, or the Spotify app.

Diane Mulcahy is the best-selling author of "The Gig Economy." It's been featured in a number of top publications as well as on Oprah.com. She created and teaches the first class in the country on the "Gig Economy" at Batson College in Boston. We talk about the decisions that led to her career path, how she got the idea for writing her book, and her career choices vs. traditional career choices.   Episode Highlights:  Diane's background and "middle-school" self: Athletics, Extracurriculars, and Honors. The Desire to "go do something different." Diane's student journey and focus at Harvard. What it takes to "let go" of what you thought you wanted to do. Diane's advice to find what gets you "fired up." How to avoid waiting to produce what you desire. From Investing in Healthcare to Writing. Combating "Imposter Theory." How to understand and own your credibility. The top things to help advance your career. What is the Gig Economy? The Appeal of the Gig Economy. What it took to actually write a book on the Gig Economy. The revolution of the Access Economy. Who you know or what you know? Who you know is more important, but you can make great strides with what you know. The concept of the Offer and the Ask Diane's biggest piece of advice for building real relationships. The Random Round: another profession that would be fun to attempt, who you wish you could spend an hour with sitting on a park bench, how do you like to consume content, a glimpse of your morning routine, go-to pump-up song, what are you not good at.   3 Key Points: It's important to pursue the things and ideas that get you "fired up." Reflect on what are the values and priorities that important to you and spend your time and energy on. Work towards the goal of living a life that you don't have to take a vacation from.    Tweetable Quotes:   “College is a low-risk environment to try out anything that interests you.” - Diane Mulcahy “When you start your career, look around you and figure out who's job you want, and set your sights on that.” - Diane Mulcahy “For many people, they have the credibility, expertise, or ability, they just don't recognize it within themselves.” - Diane Mulcahy Resources Mentioned: Diane Mulcahy Website (https://www.dianemulcahy.com/) Book Recommendation: Essentialism: The Disciplined Pursuit of Less (https://www.amazon.com/Essentialism-Disciplined-Pursuit-Greg-McKeown/dp/0804137382) Visit Travis’ website at Buildyournetwork.co (http://www.buildyournetwork.co/) Join the Build Your Network Facebook group BYN.media/fb (http://www.buildyournetwork.co/fb/) Join the Build Your Network University Facebook group here byn.university (https://www.facebook.com/groups/bynuniversity) . If you want to amplify your network through podcasting apply at travischappell.com/coaching (https://travischappell.typeform.com/to/Lm38Rt) Get equity-free investments from Clearbanc at clearbanc.com/travis (http://clearbanc.com/travis) Download the Himalaya App in the Google Play (https://play.google.com/store/apps/details?id=com.ximalaya.ting.himalaya&hl=en_US) Leave a rating and review for the Build Your Network Podcast on iTunes (https://podcasts.apple.com/us/podcast/build-your-network/id1268488944) Watch Travis’ free masterclass on how to build the network of your dreams at acast.com/privacy (https://www.acast.com/privacy)

The explosion of the gig economy is real. Are you ready? In #37, Hala speaks with Diane Mulcahy, one of the first experts on the Gig Economy, which is a term that describes a labor market with the prevalence of short-term contracts or freelance work as opposed to permanent full-time jobs. Diane taught a class on the subject which was listed in Forbes’ "Top Ten Most Innovative Business School Courses in the Country." She also wrote a book called “The Gig Economy,” and is a leading authority on the topic who has been featured in publications like Forbes, CNN, Cosmopolitan, Oprah.com and more. Last year, the Bureau of Labor Statistics reported that 55 million people in the U.S. are “gig workers,” which is more than 35% of the U.S. workforce. And that number is projected to jump to 43% by 2020! In this episode, you’ll learn all about the gig economy and how it came about, why people choose gig work, and how to be successful in the gig economy and thrive financially when generating variable income. Fivver: Get services like logo creation, whiteboard videos, animation and web development on Fivver: https://track.fiverr.com/visit/?bta=51570&brand=fiverrcpa  Fivver Learn: Gain new skills like graphic design and video editing with Fivver Learn: https://track.fiverr.com/visit/?bta=51570&brand=fiverrlearn If you liked this episode, please write us a review! Want to connect with other YAP listeners? Join the YAP Society on Slack: bit.ly/yapsociety Earn rewards for inviting your friends to YAP Society: bit.ly/sharethewealthyap Follow YAP on IG: www.instagram.com/youngandprofiting Reach out to Hala directly at Hala@YoungandProfiting.com Follow Hala on Linkedin: www.linkedin.com/in/htaha/ Follow Hala on Instagram: www.instagram.com/yapwithhala Check out our website to meet the team, view show notes and transcripts: www.youngandprofiting.com

How can your business make the most of the evolving “Gig Economy”? Download and listen-on-the-go to Episode 164. Scott and I speak with Diane Mulcahy, an expert on the changing work environment and author of The Gig Economy. She created the first course in the country on the Gig Economy and teaches it in theRead More

This week's podcast is a powerful conversation with a highly accomplished guest, Diane Mulcahy, author of The Gig Economy - The Complete guide to getting better work, taking more time off and financing the life you want!. I recently read this book at the recommendation of a business mentor and excitedly consumed it at pace. When finished I was certain that this was one of those critically important books that architects and students must read as it wonderfully articulates so many important lessons about the changing economic landscape within which we practice and offers many practical exercises for transitioning, embracing and using the gig economy to create fulfilling working careers. As well writing best sellers on amazon, Diane is a Private Equity Advisor, Harvard Business Review and Forbes contributor, Adjunct Lecturer on the MBA program at Babson College, Boston, and a consultant and advisor to Fortune 500 and startup company clients. In this interview you will discover: - How you can create a secure career in The Gig Economy with multiple streams of income - An Exercise for developing an exit strategy from full time employment into independent working without taking huge risks - How independent working can create a more fulfilling, productive and effective company culture for all the team. THIS WEEK'S RESOURCES Architect's Marketing Institute 1-2-1 Breakthrough Call Application www.businessofarchitecture.co.uk/marketing-breakthrough Diane Mulcahy https://www.dianemulcahy.com The Gig Economy  https://www.amazon.co.uk/Gig-Economy-Complete-Getting-Financing/dp/0814437338  

The world of work is changing. Gone is the idea of a job for life. Instead, traditional employment is more uncertain than ever, leading a growing number of people to seek roles in the gig economy instead. Succeeding in the gig economy means shifting your mindset, acquiring new skills, and leveraging your knowledge and network to create your own career trajectory. Get it right, and your fortunes are no longer tied to the whims of an employer. Five years ago, before the Gig Economy was even a thing, my guest on the podcast today created and started to teach an MBA class called The Gig Economy. The class gained immediate traction and was named by Forbes as one of the Top 10 Most Innovative Business School Classes in the country. Diane Mulcahy is an active and enthusiastic participant in the Gig Economy. In between full-time jobs and consulting gigs in private equity and venture capital, Diane has been a Visiting Fellow at Trinity College in Dublin, an Executive-in-Residence at Babson College, and an Eisenhower Fellow. She has taken two different years off to travel around the world. Diane is currently a Senior Fellow at the Ewing Marion Kauffman Foundation, and an Adjunct Lecturer at Babson College. She has previously written and published two books and a widely-read report on venture capital. Her work has been featured in The Economist, The Financial Times, Forbes, Fortune, Harvard Business Review, The Irish Times, The New Yorker, The Wall Street Journal, as well as numerous industry publications. Diane speaks and lectures at conferences and universities worldwide. In this conversation, we talk about how to construct a life based on your priorities and vision of success. Here's my conversation with Diane Mulcahy, author of The Gig Economy, in episode 443 of Informed Choice Radio.

Diane Mulcahy writes and speaks about the Gig Economy, which is made up of anyone who does not work as a full-time employee in a full-time job. (It's not just Uber drivers!). Visit dianemulcahy.com to learn more. In this episode, you'll will learn to: Create a thoughtful exit strategy from your current job Understand how you can participate and succeed in the Gig Economy Identify the best type of gig work that works for you Find Better balance in your professional and personal life Bio: Diane is the author of The Gig Economy: The Complete Guide to Getting Better Work, Taking More Time Off, and Financing the Life You Want. She works with companies and individuals who want to succeed in the Gig Economy She is also a Forbes Contributor and writes frequently for Harvard Business Review about the Gig Economy and future of work. Diane is an Adjunct Lecturer at Babson College in Boston, where she created and teaches the first university course in the country on the Gig Economy.

The gig economy continues to grow in importance. Whether it’s to create a second act career as a consultant, to gain greater flexibility or to generate extra income in retirement, the gig economy offers both opportunities and challenges. In fact, today it’s relevant for virtually every age group and career stage. The demand for freelance talent continues to grow and it may offer new options to leverage your skills and experience. But the challenges and transition issues are real and it’s wise to be prepared. Becoming savvy about how to navigate it well will enhance your chances of success. We talk with Diane Mulcahy, author of The Gig Economy about how it’s expanding, changing the world of work and impacting retirement. Before it was even a thing, Diane created the first course in the U.S. on the Gig Economy and teaches it in the MBA program at Babson College. The course gained immediate traction and was named by Forbes as one of the Top Ten Most Innovate Business School Courses in the country. If you’re considering working longer or pursuing a second act career in the gig economy, you’ll want to hear Diane’s perspective on how to plan ahead. Wise Quote: On Planning Ahead “I would offer two tactical steps. The first is, (and I have this exercise in my book as well) …The first is to develop an exit strategy. And what I mean by that is develop a real and concrete tactical plan for leading your job. So the exercise that I have my students and my readers do is this, imagine that you knew that you are going to be laid off in six months. What would you do to prepare? What would you do professionally? You know, what conferences would you go to? What colleagues would you reach out to? What kind of networking would you do? What kind of skills would you make sure were up-to-date on certifications, things like that? What kinds of financial things would you, do you know what? What expenses would you cut down on? What would you save?” “How much would you contribute to your retirement? What corporate benefits would you take advantage of, whether it’s, you know, 401k contributions or education or professional development, and what would you do personally? How would you think about the impact of a layoff on your personal domestic situation? What about your living situation? Is there something there that you would change in terms of where you would rather live or what you would think about in terms of your commute or how this affects your household? So think about that, all of those different dimensions, and make a list kind of a to-do list of what you would do if you knew you were getting laid off in six months. And then I would suggest really talking about that with other people, particularly if you know people who have been laid off or who are already retired and have negotiated that transition successfully. Find out what can you learn from how they made the transition and things that they did to make it successful.” For more on Diane Mulcahy: Diane Mulcahy’s book The Gig Economy: The Complete Guide to Getting Better Work, Taking More Time Off and Financing the Life You Want Diane’s website Bio Before the Gig Economy was even a thing, Diane created and started to teach an MBA class called The Gig Economy at Babson College. The class gained immediate traction and was named by Forbes as one of the Top 10 Most Innovative Business School Classes in the country. Diane is an active and enthusiastic participant in the Gig Economy. In between full-time jobs and consulting gigs in private equity and venture capital, Diane has been a Visiting Fellow at Trinity College in Dublin, an Executive-in-Residence at Babson College, and an Eisenhower Fellow. She has taken two different years off to travel around the world. Diane is currently a Senior Fellow at the Ewing Marion Kauffman Foundation and an Adjunct Lecturer at Babson College. She has previously written and published two books and a widely-read report on venture cap...

Diane Mulcahy is the author of the bestselling book, The Gig Economy: The Complete Guide to Getting Better Work, Taking More Time Off, and Financing the Life You Want. Diane created the first course on the Gig Economy, an MBA class she teaches at Babson College that was named by Forbes as one of the Top 10 most innovative business school classes in the country. Daine consults to companies about the gig economy, is a Forbes contributor, and speaks globally about the future of work. You can learn more about Diane’s work at DianeMulcahycom.   Key Takeaways: [1:37] Marc welcomes you to Episode 136 of the Repurpose Your Career podcast. Career Pivot is the sponsor of this podcast; CareerPivot.com is one of the very few websites dedicated to those of us in the second half of life and our careers. Check out the blog and the other resources delivered to you, free of charge. [2:06] If you are enjoying this podcast, please share it with other like-minded souls. Subscribe on CareerPivot.com, iTunes, or any of the other apps that supply podcasts. Share it on social media or just tell your neighbors and colleagues. The more people Marc reaches, the more people he can help. [2:26] Marc has released five chapters of the next edition of Repurpose Your Career to the Repurpose Your Career review team. Sign up to be part of the review team at CareerPivot.com/RYCTeam. [2:41] You will receive new chapters as they become available. Marc is looking for honest feedback and would love to get an honest review on Amazon.com after the book is released. [2:52] Marc’s plan is to release the book in late September and do both a virtual and a real book tour. He will be in Austin, the NYC Area, and D.C. in late September and in October. Marc would love to meet his readers and listeners. [3:13] Reach out to Marc at Podcasts@CareerPivot.com if you’d be willing to give him some advice on venues or groups who would be interested in hosting an event. [3:23] Next week, Marc will interview Mark Silverman of Amava.com. [3:29] Amava™’s mission statement is, “We want you to live a long, fulfilling life. We focus on social engagement because, according to research, it can be more important to wellness than genes, nutrition or fitness routines. It’s downright scary how dangerous it is to become isolated.” [3:54] This week, Marc is interviewing Diane Mulcahy. Marc shares her bio.to the Repurpose Your Career Podcast. [4:43] Marc welcomes Diane to the Repurpose Your Career podcast. Marc notes that most listeners are over 50, from the corporate world, with an employee mindset. One of the chapters in Diane’s book tells of an opportunity mindset. [5:24] How you work affects how you think about things. The employee mindset is relatively passive and conformative. The mentality is to outsource your professional development and financial stability to an employer, taking whatever benefits somebody gives you; you are reactive. [6:16] When you work independently, in order to be successful, you really have to change to an opportunity mindset or an entrepreneurial mindset; you are proactive. It takes ownership and going out and getting what you want. You have to think about what you want to get out of your professional life, take the reins, and drive toward your goals. [7:25] The opportunity mindset is about choosing the type of work you want to do, the level at which you want to operate, the rates you want to charge, and your revenue targets, then going out and getting them. [7:46] Marc says even employees should drop the employee mindset. It doesn’t make sense today. Employers expect employees to take care of their own training and professional development. [8:19] Diane agrees that even if you are an employee, you can really benefit from thinking about your mindset, and how you approach your work life and your professional life. You can bring an opportunity mindset to your work. If you don’t find the benefits you want at your existing company, you can find a new opportunity at a different company. [9:17] Diane suggests thinking about where you fit on the spectrum between employee mindset and opportunity mindset. Whichever way you are leaning, how does it affect your opportunities and how your career is going? How might you want to move along that continuum in the future? [9:40] Marc had an employee mindset for a long time, and it took something to really shake him up to get him to change. Several people in Marc’s online community now have portfolios of gigs; they would not have thought of that until Marc presented the idea to them that they didn’t have to have a single job. They are all over 60. [10:26] Diane explains the pathway to a portfolio gig. First, take the pressure off. Not every gig has to pay. Gigs that don’t pay can be valuable, too. They are easier to get. Volunteer gigs provide the opportunity to expand your network and develop new skills by doing. When you have finished that term, you have an actual portfolio to talk about. [12:44] It can be hard to figure out what you want to do if you have always had a corporate career. Gigs can be a nice, low-risk, low-commitment way to try things that you’re curious about or interested in and see if they fit. Try an industry new to you. Diane uses the example of film. Volunteer at a film festival. Get involved. [14:00] For gigs that pay, consider whether you can hang up your own shingle and deploy your skills to a new client base. Ask yourself if there is a way to stay involved with past clients or colleagues from the corporate world, for projects, referrals, or consulting gigs. [15:32] There are now online platforms for just about every industry there is. Go online, bid on some projects, and create a portfolio of gigs. Search for platforms in the industry and the sector where you’ve worked. [16:13] Marc recalls the art walk he visited last summer in Mexico. There were 90 artists and most of them were ‘gringos’ over 60. Most of them had not started creating art before moving to Mexico. They almost invariably started learning how to do their paintings by watching YouTube videos. [16:49] Diane notes resources for taking classes on edX.org, mooc.org, coursera.org, LinkedIn Learning, and more. For anything you want to learn, you can find an online class. Some are free, some are low-cost; they are all on-demand from the convenience of wherever you are. It’s an amazing opportunity to develop your knowledge and skills. [17:29] Marc tells everybody to listen to podcasts. “There’s a podcast for everything.” [17:51] To find gigs, first look toward your former employers and colleagues. You are a low-risk, known quantity to them with internal knowledge. Secondly, reach out to the broader network of people you have met over the years in work-related contexts or community situations. Ask for ideas for projects or consulting opportunities. [18:59] Thirdly, there are platforms popping up for every industry, every sector, and every skill set. Some fit small niches. Diane names a few: Upwork for a wide range of projects, Catalant matching consultants with companies, axiom for attorneys, toptal for software coders, and 99designs for graphic designers and marketers. [19:47] Look for a platform that targets our sector, industry and skill experience. [20:00] Diane created and teaches a class on the gig economy in the MBA program at Babson College in Boston. Diane gives her students an assignment to brainstorm a list of 10 potential side gigs that they could do to make money. Almost anyone can come up with a list of three to five. You have to stretch think of 10 gigs. Then they discuss them. [21:10] Talking about this list with someone else may spark new ideas based on what they thought of or they might suggest a gig for you that you hadn’t imagined. Other people see us differently than we see ourselves. They may have a different perspective on our talents that we take for granted. [21:52] This is a really good exercise if you're in transition, or thinking about transitioning. Spend some time in a creative mindset to come up with new ideas. See where that leads. [22:08] Marc talks about MSU (Making Stuff Up) disorder. Marc says it’s a very dark place when you’re inside your own head and you don’t know what you don’t know. Talking to other people can give you new ideas. So much has changed in employment over the last five years. Marc has a friend starting a Fulfillment by Amazon business. [23:44] Technology has really augmented and expanded the opportunities that are available. A lot of people ‘snowbird’ someplace else in the winter. That used to make it challenging to work. Now if you create something online where you can work remotely, you can really take your work wherever you go. [24:33] Diane interviewed people for her book who had jobs as coaches, design consultants, and even a psychologist, all of whom were operating their business online. They interact with their clients through Skype, Zoom, or Webex. It’s very freeing to be able to do that. [25:05] Daine’s book has a chapter on facing fears by reducing risks. She directed the chapter more at people who are considering making the transition from a job to a portfolio career. If you have already transitioned, you have overcome that fear. But all of us have fears about the future. [25:50] Diane recommends taking your fear and “wrestle it to the ground.” Put a name to it. What is the fear? Take that feeling of fear and articulate it for what it is. “I’m worried that I’m going to run out of money,” for example. Then lay out the risks around that and think of specific acts you can take to mitigate the risks. [27:14] One risk is that you’ll outlive your money. So, look at an investment. Another risk might be a big health problem. So, look at Long Term Care insurance. Or maybe change your living situation to a population center, with mass transit, deliveries, and health services close at hand. [28:15] Another risk might be the cost of living. Think about ways to earn additional income to supplement your retirement savings. [28:43] Diane recommends breaking down your big fears into specific actionable risks. Fears become a lot less scary when you break them down on paper. Then you can talk about them with other people who have already been retired for five or more years. Ask them how they dealt with these fears. Ask what else you should be thinking about. [29:51] Do the work yourself, to understand what your own fears and risks are. Then find ways to check and validate those fears and also create opportunities for action by discussing them with other people. It is calming and allows you to take control of your fears and manage them. This is an exercise that Diane’s MBA students say is powerful. [30:37] Marc is a fan of Darren Rowse of ProBlogger.com. Darren did a podcast episode where he asked, “Why don’t you figure out what’s the really worst thing that can happen if you do this?” Usually, you’ll find that the worst thing is not so bad. But if it is really bad, then you know you’ll need to do something about it. [31:06] Diane says that most people do jump to the worst-case scenario when they’re considering a specific action. It is helpful to assign probabilities to the likelihood of the fears coming to pass. Research and take action on reasonably likely scenarios to make sure they don’t happen. Triage the risks. [32:29] Time management as a gig worker is a topic that people leaving a traditional job don’t often think about. It is a real issue. [32:55] Diane talks about hiring a research assistant part-time to help while she was writing her book. The assistant came in at 9:00 and left at 6:00 because that was how she had always worked in her recent corporate job. It hadn’t occurred to her that she could work a different schedule. [33:58] As you transition to working for yourself, think about time differently. Give yourself time to experiment with the structure of your day to see what works. In a full-time job, other people structure your time for you. You may never have learned the skill to structure your own time. Figure out when you do deep, concentration work best. [35:02] Figure out when you are the most energetic and able to interact with the outside world. When is the best time for you to do meetings and phone calls, as opposed to deep work? What breaks should you take during the day? Do you need to go to the gym and reboot for the rest of the day? [35:44] You also need to structure your weeks. Diane tries not to schedule anything after 3:00 on Fridays. She takes a couple of hours to reflect on the week, create a priority list for the next week, and go to a yoga class or do something that allows her to mentally wind down and transition to the weekend. [36:30] Experiment and find your own habits that work for your productivity. Reflect on what it was like to go from a really structured full-time job to having a lot of time and learning how to structure it. It’s a challenge with a learning curve. It requires some compassion and kindness to yourself with a sense of learning and experimentation. [37:09] Marc largely does not work on Fridays. Friday morning, he blocks off for his hiking club. He doesn’t work on Saturdays, but he does work on Sunday afternoons. This is a schedule that works for him. He uses a virtual assistant. She has deadlines, which helps Marc. [37:37] Diane agrees you don’t have to be the hero and do everything yourself. A virtual assistant is a big help. It is good to build a team around you to keep you accountable and on track. Diane works with someone to do her monthly newsletter and keep her social media on track. Working with other people keeps Diane on time with deliverables. [38:29] As you leave your full-time job, consider whether you need that kind of outside accountability to get things done. That works really well for Diane, who is very deadline-oriented. Your team can be very part-time and still help you accomplish the goals that you want. [38:59] Marc is very horizontally-skilled. He knows how to do a lot of stuff. It took him so time to realize he didn’t need to do all of it. He had to be willing to find people to do things he either didn’t like to do or wasn’t very good at doing. [39:27] Diane emphasizes the point and ties it to building a portfolio of gigs. When you are faced with finding your own work to do, how do you start? You can learn all the new media skills yourself, or you can work with someone who is an expert in them. Focus on what you like to do and what you are good at and interested in; outsource the rest. [41:09] Some people run into problems in keeping momentum when they work independently. You have to sustain the motivation and the momentum yourself. If you are working with other people, you have projects underway, you have a plan outlined, you have interim deliverables, with deadlines. It’s a great way to maintain momentum. [42:08] Baby Boomers may not be used to building a team and hiring people to do things. Diane asks her students why shouldn’t they hire someone to free up their time to do the things that they want to do and that they’re good at doing? What is the highest and best use of your time? [42:50] By being a client, you are actually helping somebody else to build up their independent business and validating their skills and expertise and learning from them. Maybe you can refer them to other people you know. [43:26] You can reach Diane at DianeMulcahy.com and sign up for her monthly newsletter there, and for her question of the month to reflect on as you transition to working independently. Diane’s book is available on her website or on Amazon. [44:13] Marc thanks Diane for being on the Repurpose Your Career podcast. [44:23] Marc hopes this episode gave you some things to think about. [44:30] The Career Pivot Membership Community continues to help the approximately 50 members who are participating in the Beta phase of this project to grow and thrive. The community has moved on to the next phase where community members who have experienced success share their successes and teach others. [44:48] This is a community where everyone is there to help everyone else out. Marc is recruiting members for the next cohort.[44:55] If you are interested in the endeavor and would like to be put on the waiting list, please go to CareerPivot.com/Community. When you sign up you’ll receive information about the community as it evolves. [45:09] Those who are in these initial cohorts set the direction. This is a paid membership community with group coaching and special content. More importantly, it’s a community where you can seek help. Please go to CareerPivot.com/Community to learn more.[45:33] Marc invites you to connect with him on LinkedIn.com/in/mrmiller. Just include in the connection request that you listen to this podcast. You can look for Career Pivot on Facebook, LinkedIn, or @CareerPivot on Twitter. [45:53] Please come back next week, when Marc will interview Mark Silverman of Amava.com [45:59] Marc thanks you for listening to the Repurpose Your Career podcast. [46:04] You will find the show notes for this episode at CareerPivot.com/episode-136.  [46:11] Please hop over to CareerPivot.com and subscribe to get updates on this podcast and all the other happenings at Career Pivot. You can also subscribe to the podcast on iTunes, Stitcher, the Google Podcasts app, Podbean, the Overcast app, or the Spotify app.

Six years ago, before it was even a thing, Diane created an MBA course on the Gig Economy at Babson College. The course gained immediate traction and was named by Forbes as one of the Top Ten Most Innovate Business School Courses in the country. Out of that course grew a book. Diane is the author of The Gig Economy (Harper Collins), a bestselling book on Amazon that has been translated into five languages and featured widely in national media including CNN, Forbes, Huffington Post, National Public Radio, NECN, The New York Times, The New Yorker, Oprah.com, PBS, USA Today, the Wall Street Journal, the Washington Post, and Worth. Ready to unlock life-long financial confidence and become unstoppable? Pre Order Unlock it Here http://www.unlockitbook.com/ Join The Next Free Masterclass By Dan https://www.highticketcloser.com/masterclass Show notes and free resources https://danlokshow.com/

Six years ago, before it was even a thing, Diane created an MBA course on the Gig Economy at Babson College. The course gained immediate traction and was named by Forbes as one of the Top Ten Most Innovate Business School Courses in the country. Out of that course grew a book. Diane is the […]

More than a third of American's are working the Gig Economy, mixing short term jobs, contract work and freelance assignments.  If you are going to work in the Gig Economy what should you ask yourself when taking jobs?   Our guest Diane Mulcahy, is the author of "The Gig Economy", teaches the coarse at Babson Collage, is a contributor to Forbes, Huffington Post, Harvard Business Review and is a professional investor!   She shares with Peter the advantages to not working the typical full-time job, how to find the type of work you like the most, and how going deep on a subject can pay long term dividends.

Diane Mulcahy (@dianemulcahy, TW) first joined the podcast in October of 2018. This is a replay of that conversation. Mulcahy wrote the book on The Gig Economy. Literally. As the author of The Gig Economy Diane is keenly tuned into the future of work, how it will affect the way we live and the economic revolution it is ushering in. All of which Diane dives into in this conversation. Six years ago, before it was even a thing, Diane created an MBA course on the Gig Economy at Babson College. The course gained immediate traction and was named by Forbes as one of the Top Ten Most Innovate Business School Courses in the country. Diane walks her talk. She works independently, remotely, and flexibly in the Gig Economy as a consultant and advisor to Fortune 500 and startup company clients, and as a speaker, writer, and adjunct professor. In this conversation, Diane and Blake discuss: How remote and independent workers are changing living spaces. Access versus ownership and how the former is reshaping the American Dream. The reigning platform of the future and why it's already here. Learn more about Diane Mulcahy, her work and The Gig Economy at http://www.dianemulcahy.com. Follow her on Twitter at https://twitter.com/dianemulcahy. Find more of The Future of Living Podcast online at https://futureoflivingpodcast.com. Connect with us on Twitter and Instagram, @FutureLivingPod.

We've covered a lot of ground in our first season. We've spoken with experts in real estate tech, autonomous mobility, smart city technology, and more. In this episode, we wanted to revisit a few segments from some standout guests. It includes conversations about: The changes cities and real estate developers must consider in order to support the booming gig economy. The future of flooring technology and how it will tell us if we are at risk for various health problems. No, really! Why it's imperative that affordable housing have access to smart home technology. Featured in this episode are segments from: Luke Norris - https://futureoflivingpodcast.com/2018/09/06/luke-norris-designing-user-centered-city-services Diane Mulcahy - https://futureoflivingpodcast.com/2018/10/04/diane-mulcahy-accessing-the-american-dream-through-the-gig-economy Joe Colistra - https://futureoflivingpodcast.com/2018/08/23/joe-colistra-on-community-senior-living-and-sustainability Rob Martens - https://futureoflivingpodcast.com/2018/08/30/rob-martens-unlocking-whats-next-with-allegion-ventures-futurist-president Vignesh Ganapathy - https://futureoflivingpodcast.com/2018/10/18/vignesh-ganapathy-delivering-community Find Luke Norris on Twitter, @norrisluke, and also on LinkedIn. Learn more about his company, OpenCities, at https://www.opencities.com. Diane Mulcahy can be found online at http://www.dianemulcahy.com. She is also active on Twitter, @dianemulcahy and LinkedIn. The best place to find Rob Martens online is on Twitter, @schlagefuturist, and also LinkedIn. Find out more about Allegion at http://allegionventures.com. Learn more about Joe Colistra at https://www.isdarchitecture.com and on LinkedIn. Vignesh "Viggy" Ganapathy is on Twitter, @vigneshr4m and LinkedIn. Find The Future of Living Podcast online at https://futureoflivingpodcast.com. Or on Twitter and Instagram: @FutureLivingPod.

Diane Mulcahy walks her talk. She works independently, remotely and flexibly in the Gig Economy and created an MBA course on the Gig Economy at Babson College. The course gained traction and was named by Forbes as one of the Top Ten Most Innovative Business School Courses."Traditional full-time jobs are insecure, increasingly scarce, and filled with employees who wish they were doing something else with their lives." Listen in and hear more from Diane.   Heart Stock Radio is a production of KBMF 102.5 and underwritten by Purse for the People.  

On this bonus "library" episode, you'll hear what Diane Mulcahy -- the author of the Gig Economy and award-winning Babson professor -- is reading, writing and thinking about creating next.

Diane Mulcahy (@dianemulcahy, TW) wrote the book on The Gig Economy. Literally. As the author of The Gig Economy Diane is keenly tuned into the future of work, how it will affect the way we live and the economic revolution it is ushering in. All of which Diane dives into in this conversation. Six years ago, before it was even a thing, Diane created an MBA course on the Gig Economy at Babson College. The course gained immediate traction and was named by Forbes as one of the Top Ten Most Innovate Business School Courses in the country. Diane walks her talk. She works independently, remotely, and flexibly in the Gig Economy as a consultant and advisor to Fortune 500 and startup company clients, and as a speaker, writer, and adjunct professor. In this conversation, Diane and Blake discuss: How remote and independent workers are changing living spaces. Access versus ownership and how the former is reshaping the American Dream. The reigning platform of the future and why it's already here. Learn more about Diane Mulcahy, her work and The Gig Economy at http://www.dianemulcahy.com. Follow her on Twitter at https://twitter.com/dianemulcahy. Find more of The Future of Living Podcast online at: https://futureoflivingpodcast.com Twitter: https://twitter.com/FutureLivingPod Instagram: https://instagram.com/futurelivingpod

In this week's episode you will learn about: Running a successful business from anywhere across the globe Connecting without networking What the “suitcase” life really looks like Understanding and thriving in a gig economy

Our guest today is Diane Mulcahy, a McKinsey alum and the author of The Gig Economy: The Complete Guide to Getting Better Work, Taking More Time Off, and Financing the Life You Want. Her book grew out of the MBA course at Babson that she developed titled “Entrepreneurship and the Gig Economy,” which was names by Forbes as one of the Top 10 Most Innovative Business School Classes in the U.S. Diane’s book is structured around her ten rules to succeed in the gig economy, and in this episode we discuss several of those, including #6: Take Time Off Between Gigs. Independent professionals almost inevitably have time off between gigs, at least occasionally, and in our discussion Diane details an exercise she recommends to develop a set of ideas on how to use that unbilled time productively. Pursuing the life of an independent professional requires us to rethink many of the assumptions that employed professionals can take for granted. Diane’s book is a great guide for getting us to think about the life we want to lead. You can read more about Diane on her website: dianemulcahy.com

Diane Mulcahy - is the author of the recently published book the Gig Economy: The Complete Guide to Getting Better Work, Taking More Time Off, and Financing The Life You Want. She is also an adjunct lecturer in the MBA program at Babson College in Boston, and a senior fellow at the Kauffman Foundation Creating your own safety net in the Gig Economy. Create a financial life built on accessing rather than owning things The most important advice for succeeding in the Gig Economy. New Interviews, and Inspirational videos will be posted every week on my Youtube Channel! Just go here: https://goo.gl/EA9x6D Connect with Bert Martinez on Facebook. Connect with Bert Martinez on Twitter.  

Diane Mulcahy talks about dis-aggregated traditional full-time hires in the flexible workforce.

Catalant had the opportunity to sit down with Diane Mulcahy, an Adjunct Lecturer, Senior Fellow at the Kauffman Foundation and author of the book, The Gig Economy to discuss the flexible workforce and the future of work.

Mike Hayes www.ondemandgigeconomy.com   Our guest on this segment is Mike Hayes , a veteran of broadcast media who has served at NBC in New York, CNN in Los Angeles, and has been working 25 years as a media strategist for entrepreneurs.   He considers himself a student of the crafts he learned in the media - having  interviewed people such as Oprah, Tony Robbins, Bob Proctor, Diane Mulcahy, and even Donald Trump).   Today, Mike is the founder of GigMarket Place, and a partner of EZ-XPO.

Diane Mulcahy, author of “The Gig Economy” and former venture capitalist, joins me in our first episode of 2017 to discuss the new dimensions of the American labor force. What is the gig economy and what is driving its fast growth? In this episode, Diane Mulcahy shares her thoughts on the future of work and entrepreneurship, as well as advice on how to succeed in the gig economy. Make sure to stay tuned in for her top 10 tips for succeeding in this new economy!

I have given this episode a huuuge write-up as it’s such a vital topic. So if you don’t want to read 2,500 words, listen instead Let’s simplify a Fintech’s journey into three schematic stages: Stage 1:  “turning an idea into a product” Stage 2:  “turning a product into a business” Stage 3:  “turning a business into a grown-up business” (IPOs, M&As etc) In recent months I have come to see as London Fintech’s greatest strength in-depth right now as Stage 1. We could call this a Fintech-Startup … building your plane, taxiing to the runway, then accelerating down the runway and trying to get the wheels off the ground (clients). Stage 2 is the bleeding edge in London which many are struggling with. The Fintech-Scaleup, going beyond a handful of early-adopters, Crossing the Chasm to use Geoffrey Moore’s famous title. Stage 3 is a rarefied level where very few are at (generally the ones with eight figure funding). You might perhaps call this moving from being “a Fintech” to a “Mature Business in the FS sector” – they gradually start looking, feeling and acting more like young corporates.  They may IPO, they may remain private, they may sell themselves to an incumbent – but they are recognisably a mature business. Historically a successful journey from inception to IPO/exit takes up to a decade. If you look at UK Stage 3s who aren’t at the exit yet eg Zopa was founded in ’05, Funding Circle in ’10, Crowdcube in ’10, Transferwise in ’11. The bleeding edge phase changes of Stages 2 (“gas to liquid”?) and 3 (“liquid to solid”?) generally require accessing two elements – Capital Markets and Savoir Faire. It is the relative lack of these two factors perhaps that is proving a real “invisible barrier” for many London Fintech Startups and Scaleups right now. In this episode we discuss why this is the case in London. How did it come about? What can we learn from the US? What advantages do we have under our nose? Quite a lot for one episode! RICHARD GOOLD I am extremely fortunate to be joined in this episode to discuss these issues by a man who has spent his whole career to date working with tech companies, and now Fintech companies, at all of the above three stages. Richard Goold is a partner at international lawyers Wragge Lawrence Graham who are the premier Fintech lawyers in London (they have the largest IPO practice on AIM for example). Richard co-chairs the firm’s global Tech Sector Group which comprises 125 lawyers & travels a lot to San Francisco, New York and Boston. He works with all stages of Fintechs from very early Stage 1 (who make use of the firms Jumpstart platform – a suite of free advice and documents) through to nine-figure deals for Stage 3s. He started his career at the firm working with 3i on over 30 transactions in the days when 3i was the biggest investor in technology in Europe.  Thus he has a deep historical understanding about why we are where we are right now. We have a wide-ranging conversation – but for the purposes of a summary I shall gather into “London’s (many) Advantages” and “London’s Four Challenges” (Capital Markets – Funding Gap, Capital Markets – AIM, Savoir Faire, and Savoir what Not to Faire). LONDON PROS “Amazing things are happening here” … “Energy and enthusiasm in the tech ecosystem and Fintech ecosystem specifically is amazing. It’s unlike anything I have seen in any part of the UK economy before” “In Fintech in particular, we have better cornerstones than even the US” Regulatory framework – lighter/better red tape in many cases than elsewhere Law So many global banks and retail banks have HQ or innovation centres or technical centres here Breadth and depth of Financial Services – eg Lloyd’s insurance market world-beating Lots of folks have left mainstream firms and want to do their own things and know how to tap into the Square Mile/Canary Wharf Tech ecosystem here, high profile political support Entrepreneurial spirit Immigration Liberal, cosmopolitan Attracts international business, an international audience. Funding: Seed funding is readily accessible – either through incubators/accelerators or (not discussed explicitly) as folks exit Financial Services having built up significant personal funds to start their own startup without external capital. EIS/SEIS are tax advantageous for investors so raising £150k upwards is very much facilitated LONDON CHALLENGES (1st of 4) CAPITAL MARKETS – THE FUNDING GAP 3i was set up after the 2nd World War to help build the SME economy and grew into Europe’s largest investor in technology. It became a combination of a very large buyout house, growth capital house and VC house. The stockmarket didn’t particularly value the mix. The VC arm was well run (albeit lowest returns of the three businesses). This institutional experience is identical to Michael Nulty’s own empirical experience and investment lessons learned discussed in the prior episode – LFP007 – namely that growth capital and buyouts offer the best and safest returns.  This is a vital fact to which I shall return in the 3rd challenge below. Broadening the dataset out beyond 3i and my last guest Richard quotes an investment banker whose research into European VC returns over the past 15yrs showed a median return of just over 1% [cf growth capital, buyout which can be ~15-20% IRR]. Due to these poor historic VC returns, 3i pulled out and no-one has back-filled.  In contrast to an incredibly diversified VC community in the US, in Europe the list only runs to about ten VCs at which point funders are then into the “super-angels”. US houses are beginning to come over here and invest (excess capital, excess competition for investments in the US and attractive under-VC-ed European market). Furthermore when (and if…) returns pick up should see more money flowing into the sector from pension funds etc. Classically tech funding rounds look like: Seed: £0.5m-1m to build a product [MB: NB: many Fintechs are building their product for far less (“Fintech 10x cheaper than a decade ago”)] A Round: £1-3m in Europe [up to $10m in the US).  This is a key round as you are just starting to get traction. B-C rounds growth or expansion capital – scaling the business. Due to the historic performances outline above, the absolutely critical “A round” (my Stage 2) has become very difficult to get in Europe and it is the funding gap as Richard sees it. “Europe needs a big volume VC that puts money into a large amount of A rounds”. By contrast in the US market there is a lot of activity and froth at this level – so many VCs, so much capital.  Whilst fund-raising is never easy, in the US it is easier and you get VCs trading term sheets etc that you don’t see so much of in Europe. In passing in the UK the much-discussed “froth” is around Stage 1 “startups”/”products” (MB: and in the associated incubators/accelerators space)). LONDON CHALLENGES (2nd of 4) CAPITAL MARKETS – AIM “One of the problems with the UK tech scene generally but the Fintech scene specifically is that we haven’t had a properly functioning capital market for some time actually”. This looks like a problem for the “Stage 3s” rather than “Stage 2s”; however it is the lack of funds that flow from IPOs that feeds back into the funding gap challenge above and into the savoir faire challenge below. New York has pulled away from London in the tech space at least, due to some really good exits and a really well-functioning capital market in NASDAQ. Listen to the podcast to hear what Richard says about the background to this and how things are changing right now. For those of you who haven’t kept a close ear to the ground a flavour of the issue is that the Financial Times – of all newspapers – yesterday ran an article astonishingly entitled “The Muppet Market in Numbers” with a picture of Kermit the frog (!!).  It pointed out that a strategy of buying the ten biggest stocks on AIM and holding for one year would have lost money in 30 of the last 34mts. LONDON CHALLENGES (3rd of 4) – MORE SAVOIR FAIRE in FIN, TECH & BUSINESS This is vitally important.  Given the very poor historic European returns from VC it’s not just a question of (as time and time again one reads :rolls-eyes:) “more money being poured in” - if you pour water into a leaky bucket it just disappears. We must plug the holes in the bucket, we must change the dynamics of scale-up companies in order to make investing in them a better proposition.. a) What type of savoir-faire to be aimed at? We don’t drill into this in the episode but touch on it in passing – perhaps three types Fin, Tech, and Business. Fin in terms of those who have a deep domain expertise and knowledge of how the City, Wharf, Regulation etc really work. Right now there is a trickle from mainstream FS into Stage 1 Fintechs but this needs to mature into joining Stage 1s to help them become Stage 2s and Stage 3s (rather than just creating more Stage 1s). Re Tech and Business – these are folks who have built successful businesses, exited and remain within the sector (as happens in the US eg Buddy Media guy, $700m deal, set up own VC fund (as well as running division of Salesforce)). b) What is the savoir faire aimed at?  What I call “creating a 360 degree company” –  the “180 degrees above the waterline” Product-Marketing-Sales-Client development to the 180 degrees “below the waterline” of infrastructural support for all the above-the-waterline items. [And to go one stage further looking beyond one’s 360 degree company as per Michael Nulty’s LFP007 insights into what sinks otherwise good businesses]. Unless you get these building blocks right you can’t build a Seed company (Stage 1) to an A company (Stage 2) or even if you get the A round you can’t build a global beating company (Stage 3). This savoir faire needs to come to Fintechs in terms of advisers, mentoring, non-execs, in any form – but for sure they need it.  There are some first-rate, very experienced, FS folk, Tech folk, and Business folk out there in the sector but (my feeling) is that across the whole sector they are very much in the minority. LONDON CHALLENGES (4th of 4) – SAVOIR WHAT NOT TO FAIRE (groan!) If savoir faire is what we need to add to the recipe then this section is things we need to take out of the recipe. The recipe for “making Instagram” will differ from “making a fintech” (and there is huge range of types and sub-recipes there) “making a biotech”. Whilst what is missing is perhaps easier to spot, what is there and needs removing appears to be less so. a) I rarely see 360 degree companies in early Fintechs – indeed I even meet some who pride themselves on not being a 360 degree company :-O  One smart Fintech chap was convinced that this was “following the Silicon Valley model” – stick to your USP etc. An interesting if deceptively attractive argument. In “the Valley” with the value-add from the VCs, the relative ease of funding and the 360 degree components “lying around” that might work.  But not in London. This is a good example of too slavishly following the “Silicon” model.  London will never overtake anywhere by being a poor photocopy.  Rather we need to decide what to copy, what not to copy [hence points 3 & 4] and add that to the London Pros above for our own unique recipe. b) as per Richard and passim in prior LFP episodes, there are very different requirements across tech – consumer internet businesses require a different skillset and a different personality to a Fintech company [& also B2C vs B2B Fintechs].  London Fintech won’t be world-beating if we mis-apply consumer web business lessons that are inappropriate (see LFP005 for an “ultra-B2B” Fintech example which has very little in common at all with a Valley approach; ditto LFP002 on the banking side of their innovation marketplace). c) one of my hobby horses, as I have commented in prior episodes, is that in the early stage in London, the explosion of incubators, accelerators and the like can be very juvenile - ping-pong tables, bean bags et al (I even went somewhere this week where we were asked to give our feedback by writing on the wall (?!?) – ooh graffiti how cool (…not)).  As John Shaw, Head of Innovation at Direct Line (LFP006) says, it is a mistake to equate innovation with being childish. d) Finance is a mature, highly-regulated industry – you need deep domain expertise.  You also need to be trusted with people’s money (no easy matter) – you need perhaps to look more like bankers or lawyers than in other tech sectors (eg MediaTech perhaps).  Why hasn’t Transferwise hoovered up all retail currency exchanges as it is 10x cheaper? – as they are not yet trusted as much as existing banks (who also happen to be insured).  Furthermore the “360 degree Fintech building blocks” are more complicated and more costly eg regulatory capital, regulator engagement. e) [LATER ADDITION] one needs to track closely the research on US tech/VC/ecosystem data (and not just channel HBO Silicon Valley :-D).  It’s easy to get sucked into the propaganda/image/spin in our PR-world and not drill down into the actuality (often the data shows that the US model is not as succesful as one might think). Notable recent examples of drilling to the real bedrock are Diane Mulcahy’s excellent Harvard Business Review article “Venture Capitalists Get Paid Well to Lose Money” which points out the poor US VC returns over the past decade, their minimal “skin in the game”, high fees and (ironic this one) a lack of innovation in the VC sector; TechCrunch “Corporate Accelerators are an Oxymoron” and Cohen/Hochberg’s fascinating Seedrankings research on accelerator performance (pdf here, wmv presentation) which is definitely under-reported (& probably under-read :-!) on the UK scene (for example the average participant in the average (US) accelerator program would not recommend to a friend (!); although the best get great approval ratings). THE FUTURE OF LONDON FINTECH If the right things fall into place we could pull away from New York in 3 to 4 yrs time. It doesn’t need a lot of government intervention, but there is a role for government in making sure we keep red tape low, keep regulation relatively light, making sure the UK is a good place to do business and keeping the tax regime benign. In a world where capital is very mobile the more we “upgrade” London Fintech – the more money will flow here and oil the engine and the more prosperity and innovation will be created. Both Richard and I, coming from divergent backgrounds and exposures to Fintech, both agree that London has the opportunity to be world-beating in Fintech. However in order to do this we need more open debate and recognition of issues involved in upgrading “London Fintech 2014″ to “London Fintech 2015″… I hope this episode and this write-up stimulates that debate.