“quiet quit” is just a new term for “side push”
In 2020, remote work became a thing. In 2022, it’s time to “quietly quit”. You have probably seen this new term on the internet this year. Contrary to what it implies, it does not mean quitting your job per se, but rather doing the bare minimum required, with the goal of keeping the benefits of your job while working as little as possible. Employees who practice silent abandonment only participate in work-related activities when strictly necessary. They don’t work overtime, they don’t start early, and they are generally very disengaged in the workplace.
It would be easy to think that remote work is what led to quietly quitting because it sounds natural. People stay at home, have more time for their own hobbies and venture into ideas… So it is inevitable that some of them will find a way to earn good money on their own and eventually quit their job from 9 to 5 to go do their own business. own thing
But it’s not so easy. Some people prefer to work in an office and still have time for their own hobbies, while others who stay at home and have a lot of time don’t even think about leaving their 9 to 5 schedule and doing their thing. In this article, we are focusing on people who do have other entrepreneurial ideas. Creative, enterprising, visionary people with a vision of the future. Those who work overtime on their stuff once they get back from the office, those who use the flexibility that remote work offers to start a business. The ones with a side hustle.
“Secondary hustle: work or occupation that generates additional money beyond the usual job and the main source of income.” – Font
In the United States, about 45% of the general population report having a secondary hustle. In the UK, 42% of millennials report the same. These numbers have skyrocketed especially since the pandemic. In 2021, 60 million people planned to start a side hustle, and the global side hustle economy is expected to be worth $455 billion by the end of this year.
But just because you have a side hustle doesn’t mean you’re quietly quitting, it just means you’re preparing for a new future. People no longer hold a job for the same career for 25 years. Now you can work from anywhere, search for new job opportunities anywhere in the world, and communicate with thousands of people online who may have your next job lined up.
The statistics on how fast the 9 to 5 market moves are mind boggling. Approximately 50 million people search for jobs on LinkedIn each week. This gives us an idea of how easy it is to go find something else if you are not satisfied with your current employment situation. Of those tens of millions of people, 3 are hired every minute on the social network. That’s 4,320 per day, and the network is far from stopping: LinkedIn saw a 22% increase in traffic in 2022 so far.
There is also a new generation of people who are not ashamed of their “double work life” and mention both their 9 to 5 job and their side job on their LinkedIn profile. This shows diversity of skills and also highlights your ability to handle a complicated schedule.
In 2019, the number one reason people chose when asked “Why do you have a side hustle?” I was “disposable income to spend”. In 2022, it was “You need income for living expenses.”
Inflation has been at its highest point in more than 40 years, and this means that many people do not have cash. Even if you can convince your boss to give you a 5% or 8% raise, you’re still not beating inflation in most places in the world right now. Your cash is losing value month by month, and groceries aren’t getting cheaper every day.
The average monthly income from a side hustle is $483. While that’s a lot of money for many people, it’s not enough to get by, which is why people keep their 9 to 5 hours, too. smoking quietly isn’t necessarily about being unplugged from work and doing the bare minimum. People simply need more cash, and if their employer won’t give it to them, they find their own ways: 44% of people use their extra money to cover bills.
How much money is enough money to quit smoking? Side hustlers and quiet quitters said they would need to earn an average of $4,500 per month to even consider quitting their full-time job. Side hustle often has unpredictable and irregular income, so unless you can build a business that generates solid numbers every month, relying solely on yourself is still considered risky by many.
These days, people are rushing both offline and online. Here are some of the most popular activities that people choose to earn a few extra bucks:
- taking surveys
- sell of articles
- home repairs
That said, secondary fraudsters who have a website always earn more than those who don’t, regardless of income level and nature of work:
40% of secondary fraudsters used an online platform to find work in 2021, while only 15% did the same in 2015. That number is expected to grow even more in the coming years. Having your website/platform is not only a great way to get leads for potential new jobs, it also gives you exposure, makes you look more professional, and is a great way to showcase your skills to new clients.
Social media also plays a big part in the hustle, whether you’re running a “real life” business or an online one. An October 2021 survey revealed that 55% of secondary fraudsters use Instagram to promote their services, closely followed by Facebook (53%) and YouTube in third position.
Quietly quitting isn’t about quitting, it’s often not even about switching off. In fact, the most accurate part of the term might simply be “silence”. People often don’t say too much about their side job because they don’t like their employer knowing they’re making money on the side. But that doesn’t mean they’re not engaged at work and not fulfilling their 9 to 5 obligations.
Quietly giving up is just a new term for side hustle, for building your own thing. The term “hustle” has gone from an obscure activity that only a few entrepreneurs were doing to a necessity for many, a way to generate more income and work on your own terms, while also being able to maintain a guarantee. paycheck with a 9–5.
Whether you started your side job as a passion project or because you have to pay the bills, there’s always a chance it could turn into something bigger. Many companies were born from lateral pressure, and if you ever get to that point, you’ll be able to stop “quietly quit” and tell your boss “I quit” out loud.
Enjoy the ride and remember to take some time off.