Best Sharing Economy Apps to Earn Extra Money in the Philippines

Last Updated – Oct 24, 2022 @ 2:06 pm

Since the start of the Pandemic, many Filipinos have been frantically searching for ways to increase their monthly income.

Luckily, the growth of remote work and freelancing has helped a lot in this aspect as it is now more accessible and accepted as a way to earn a living. Having access to the internet and mobile apps also pushed this field even further.

Hopefully, this article helps you understand the Sharing and Gig Economy and how to thrive in it.

Related: 12 Profitable Side Hustles in the Philippines

What is Sharing Economy?

Sharing Economy is an economic model based on the peer-to-peer (P2P) activity of purchasing, providing, and/or sharing resources and services between private individuals.

This is also used as a general term for different services, apps, and products. Communities of people have been doing this for years now, but with the rise of the internet, online platforms are what’s driving this P2P sharing even further and faster. Examples of these services are Grab, foodpanda, and Lalamove to name a few.

In addition, this economic model allows individuals to make money from underused assets. These idle assets like parked cars and unused bedrooms can be rented out so this way physical assets can be shared as a service. 


Types of Sharing Economy Platforms in the Philippines

In the past few years, the sharing economy has been changing with the addition of different platforms that further diversifies this economic model. 

These platforms include:

  • Co-working platforms are where companies provide workspaces for freelancers, entrepreneurs, and WFH employees. (Acceler8, ASpace, PenBrothers)
  • Peer-to-Peer Lending Platforms are where companies allow individuals to lend money that usually has a lower interest rate compared to traditional channels. (Vidalia Lending, Kiva Philippines, Blend.PH)
  • Fashion Platforms are sites where you can buy or rent clothes. (Zalora Philippines)
  • Freelancing Platforms help companies find and hire independent professionals for permanent or temporary work or to work on a special project. (UpWork, 199jobs.com, 51TalkPH, 99designs)
  • Crowdfunding Platforms connect people who need money with people willing to support or pay for a project or product. (Investree, Kickstarter, Indiegogo)
  • Apartment Renting and Couchsurfing connect those who need a temporary place to stay when they travel. (Airbnb, Agoda Homes)
  • Food Delivery platforms provide people the option to order groceries or food from their favorite places. (Grab, foodpanda)
  • Ride Sharing/Courier and Logistics services provide people a way to travel and also lipat-bahay services. (Grab, Lalamove, J&T)

Gig Economy vs. Sharing Economy

Before we compare the two economic models, let’s discuss the Gig Economy.

A gig economy refers to an economic model where flexible and temporary jobs involve freelancers and/or independent contractors. These jobs usually come on a contractual or per-project/part-time basis.

The difference between these two models lies in what drives them. The Sharing economy is driven by people that take advantage of the assets in their possession and rent them out to other people while the gig economy is driven by individuals who offer their time, skills, and services via virtual offices on platforms like 99 Designs, Fiverr, Freelancer.ph, and more.


Pros & Cons of Sharing Economy

For this part of the article, we will take a look at some of the benefits and possible negative effects this kind of economic model presents.

Pros

  • Monetizing the Underutilized Assets unused physical assets can be shared with individuals who are in need of said assets. This way, aside from helping others achieve their financial needs you can earn more from things like peer-to-peer lending or car/apartment rentals.
  • Save money/resources – some people, especially those who are practicing a more minimalistic lifestyle, will rather rent a car or formal clothes instead of buying one and more so if they don’t need to use them every day. 
  • Flexible Earning – this model supports the current rise of the hybrid workstation. People don’t need to go to the office to get their work done so this saves a lot of time and money. 
  • A More Efficient and Competitive Field of Work – this economic model promotes the supply and demand of freelance services from different parts of the country thus creating a more diverse and competitive market.
  • Reasonable Prices – by being mostly online, the services and products you are looking for are easily compared and scrutinized to make sure you get the best you can afford before paying for them.
  • Helps Improve the Environment – by reducing the need to produce more goods and instead increasing the use of resources, this can help reduce industrial pollution.

Cons

  • Regulatory Uncertainty – Due to the speed with which this model is growing regulators oftentimes have a hard time keeping up. This allows some malicious business practices to propagate and avoid scrutiny.  
  • Unclear Taxes – by operating outside their host country some businesses make it hard for their government to collect taxes.
  • Lack of Allowance and Benefits – when doing freelance you won’t get benefits such as insurance and bonuses that are usually provided by employers. Moreover, your income isn’t really constant and depends highly on how many and how good your projects are.
  • High Susceptibility to Fraud – many freelancing platforms work on the principle of trust between users and providers thus resulting in some people abusing this system.

Best Sharing Economy Apps & Asset Marketplaces in the Philippines

Here are the top sharing and gig economy platforms in the Philippines.

Grab

Grab Holdings Inc. is a Singaporean multinational tech company. It developed the Grab super-app that can provide you with transportation, food delivery, and digital payment services.

How to Apply as a Grab Driver

GrabCar Application

  • Get your LTO Professional Driver’s License
  • Schedule an appointment with the NBI for a background check clearance 
  • Have yourself drug tested
  • Obtain your passenger insurance from PAMI/SCCI
  • Prepare TNV accreditation documents
  • Attend and complete your online driver training
  • You will then receive a confirmation if your application was successfully submitted
  • Wait for SMS & Emails regarding your application’s status

GrabCar Requirement/s

  • Pro Driver’s License
  • Aged 21 – 60 (aged 61 to 65 that are deemed “fit to work” are allowed with a medical certificate)
  • Valid NBI clearance
  • Drug Tested
  • Covid 19 protocols followed regarding vehicle sanitation

For Applicants with their own vehicles

  • Valid Government I.D.
  • Gcash number of new Peer
  • LTO OR/CR
  • LTFRB Documents (Application with case#, Provisional Authority(PA), Temporary Authority Stamp (TAS) if expired PA or case number, Certificate of Public Convenience (CPC), Receipt for each document submitted)
  • Passenger Insurance from PAMI/SCCI

For Applicants registering with another peer

  • All the aforementioned documents mentioned above must be presented with the addition of a Notarized Special Power of Attorney

GrabTaxi Application

GrabTaxi Requirement/s

  • LTFRB Licensed Taxi driver
  • Professional Driver’s License
  • Aged 21 – 60 (aged 61 to 65 that are deemed “fit to work” are allowed with a medical certificate)
  • Valid NBI clearance

GrabExpress Application

  • Get your LTO Professional Driver’s License
  • Schedule an appointment with the NBI for a background check clearance 
  • Have yourself drug tested
  • Attend and complete your online driver training

GrabExpress Requirements

  • All new applicants must not be a TNVS franchise holder
  • Any Approved 4W 6-Seater, MPV, or sedan
  • Pro LTO Driver’s License
  • Aged 21 – 60 with a Comprehensive Commercial Insurance
  • OR/CR of vehicle (for owners)
  • Valid NBI Clearance (provisionary within 90 days)
  • Drug test Clearance (provisionary within 90 days)
  • GCash number
  • Complete training for 4W deliveries
  • Supporting documents are needed if you are not the registered owner – 
  • Borrowed Motor Original Authorization letter with a photocopy of the Valid ID of the owner 
  • Second-hand Notarized Deed of sale 
  • Reacquire Motor Repossession Certification or any Certificate from the Dealer

How to Apply as a Grab Rider

GrabFood Application 

  • Get your LTO Professional Driver’s License
  • Schedule an appointment with the NBI for a background check clearance 
  • Have yourself drug tested
  • Get your documents ready and proceed to sign up
  • Attend and complete your online driver training

GrabFood Requirements

  • Pro Driver’s License
  • Aged 18 – 55 (aged 61 to 65 that are deemed “fit to work” are allowed with a medical certificate)
  • Valid NBI clearance
  • Drug Tested
  • OR/CR
  • Supporting documents are needed if you are not the registered owner – 
  • Borrowed Motor Original Authorization letter with a photocopy of the Valid ID of the owner 
  • Second-hand Notarized Deed of sale 
  • Reacquire Motor Repossession Certification or any Certificate from the Dealer
  • year model 2013 and above
  • 100-155cc displacement
  • Cannot use Chinese Branded Motorcycles
  • For bikers:
    • Any valid Government Issued ID
    • Aged 21 – 50
    • Drug tested
    • Valid NBI Clearance

GrabExpress Application

  • Get your LTO Professional Driver’s License
  • Schedule an appointment with the NBI for a background check clearance 
  • Have yourself drug tested
  • Get your documents ready and proceed to sign up
  • Attend and complete your online driver training

GrabExpress Requirements

  • Pro Driver’s License
  • Aged 18 – 55 (aged 61 to 65 that are deemed “fit to work” are allowed with a medical certificate)
  • Valid NBI Clearance (optional)
  • Drug Tested (optional)
  • 2013 models and above
  • 100-155cc displacement
  • Cannot use Chinese Branded Motorcycles

Earning Potential: Php 299,455/yr or 144/hr1


Airbnb

Airbnb, Inc. is an American company that operates an online marketplace for lodging for vacation rentals and tourism activities. The service is accessible via its website and mobile app.

How to Become an Airbnb Host

Step1: Sign up for an Airbnb Account

Register your property to the platform first by providing your personal info or by using your Facebook or Google account. You can only register one account on Airbnb.

Step 2: Create a Listing

After creating your account, you can start listing your property on the Host menu after logging in.

How to list your Space on Airbnb

  • Provide your property details
  • Listing type (apartment, house, bed, and breakfast, etc.)
  • Property type (condominium, cabin, townhouse, guesthouse, etc.)
  • Identify how much of the space guests can use: 
    • Entire Space – guests have access to the whole property.
    • Private room – guests will be assigned to their private quarters.
    • Shared room – a dorm-type setup or common area shared with other people
  • Sleeping arrangements (max number of guests, number of bedrooms, and number of beds)
  • Number of bathrooms
  • The exact address of the property
  • Basic amenities you can offer (towels, TV, fire extinguisher, smoke detector, etc.)
  • Accessible areas (kitchen, parking, pool, etc.)
  • Make sure your listing is accurate and complete

Step 3: Add Photos of your Place

Choose the best photos and upload them on Airbnb just make sure these images are high-resolution images that include wide-angle shots. Moreover, You can also avail Airbnb’s professional photography service after you have published your listing.

Step 4: Write a Summary Description

Add a brief summary of your property, describing the place with an emphasis on its advantages and unique features.

Additional details regarding your property like your availability during the guest’s stay, your neighborhood, and how to get around the area.

You will also need to add a name to your listing. Finally, you can also set your house rules.

Step 5: Set Up Your Calendar

Airbnb will ask you about your frequency of accepting guests and the minimum and maximum duration of their stay.

Step 6: Set Your Rental Price

The last step in creating an Airbnb listing is setting your price. No idea how to price your unit?

You can browse other listings in your location or use Airbnb’s smart Pricing tool that can automatically adjust your price based on the demand, season, your listing’s type, and location among other factors.

You can now hit submit to publish your listing

Step 7: Wait for your First Reservation

Now the waiting game. If it’s taking too long and no one has inquired you may want to adjust your listing to be more attractive to customers.

Step 8: Carry out Hosting Duties

When guests have booked your place on Airbnb, it’s time to do your hosting responsibilities like preparing the space before guest check-in, turning over the keys, and cleaning up after the guest/s check-out.

Step 9: Receive Payout

You can receive your payouts via Banktrasnfer, prepaid debit, or PayPal.\

Earning Potential: P9,000 to P100,000 per month (depends on location, size of the property, and guest capacity)2


Lalamove

Lalamove is an Asia-based tech company that provides delivery services via its mobile app.

How to Apply as a Lalamove

  • Sign up here and fill up the form.
  • Download the Lalamove driver app
  • Upload all requested documents:
    • picture of the plate number of your vehicle
    • picture of the front of the vehicle
    • picture of the side of the vehicle
    • Profile picture
  • Go ahead and finish your training and bring your requirements with you
  • Attend the orientation and verify your application

Lalamove Requirements

  • Vehicle Photos
  • Pro LTO Driver’s License
  • Valid NBI Clearance
  • LTO OR/CR
  • Deed of Sale (DOS)
  • Letter of Authorization (LOA) if DOS is not available

List of Valid Vehicles

  • Motorcycle
    • Racal 2015 and up
    • Rusi 2015 and up
    • Any brand except the first 2 2015 and up
  • Sedan
    • Toyota Vios 2010 and up
    • Toyota Yaris 2010 and up
    • Toyota Corolla -Altis 2010 and up
    • Honda City 2010 and up
    • Honda Civic 2010 and up
    • Honda Accord 2010 and up
    • Hyundai Accent (Hatchback) 2010 and up
    • Hyundai Accent (Sedan) 2010 and up
    • Hyundai Elantra 2010 and up
    • Hyundai Reina 2010 and up
    • Hyundai Kona 2018 and up
    • Nissan Almera 2010 and up
    • Nissan Altima 2010 and up
    • Nissan Sentra 2010 and up
    • Mitsubishi Lancer 2010 and up
    • Mitsubishi Mirage (Sedan) 2010 and up
    • Mitsubishi Mirage (Hatchback) 2012 and up
    • Ford Fiesta 2010 and up
    • Ford Focus (Hatchback) 2010 and up
    • Kia Rio 2013 and up
    • Kia Carens 2013 and up
    • Kia Forte 2012 and up
    • Chevrolet Sail 2017 and up
    • Suzuki Claz 2014 and up
    • Mazda 2 2010 and up
    • Mazda 3 2010 and up
    • *Other vehicle models not on the list are subject to approval.
  • MPV (300KG)
    • Mitsubishi Adventure 2010 and up
    • Isuzu Crosswind 2010 and up
    • Toyota Innova 2010 and up
    • Toyota Avanza 2010 and up
    • Suzuki APV 2010 and up
    • Isuzu Sportivo 2010 and up
    • Suzuki Ertiga 2015 and up
    • Mitsubishi Xpander 2019 and up
    • Toyota Rush 2019 and up
    • Chevrolet Spin 2010 and up
    • Changan Honor 2010 and up
    • Honda Mobilio 2015 and up
    • BAIC M20 2017 and up
    • BAIC MZ45 2015 and up
    • Isuzu Mu-X 2015 and up
    • Mitsubishi Montero 2015 and up
    • MG Alpha 2015 and up
    • Chevrolet Trailblazer 2015 and up
    • Toyota Fortuner 2015 and up
    • Ford Everest 2015 and up
    • Foton Gratour 2019 and up
    • MG RX5 2019 and up
    • Ford Escape 2019 and up
    • Ford Ecosport 2015 and up
    • Mahindra Xylo 2015 and up
    • Nissan Terra 2015 and up
    • Kia Sorento 2015 and up
    • Honda BRV 2015 and up
    • Kia Carnival 2015 and up
    • Geely Coolray 2019 and up
    • Chevy Trax 2016 and up
    • Changan mini van 2016 and up
    • Suzuki Vitara 2019 and up
    • Racal Honor 2015 and up
  • MPV (600kg)
    • Hyundai Starex 2010 and up
    • Mitsubishi L200 2010 and up
    • Suzuki APV (FB Body) 2015 and up
    • Isuzu Flexicube (FB Body) 2017 and up
    • Suzuki Super Carry (FB Body) 2015 and up
    • Pickup (600kg)
    • Toyota Hilux 2010 and up
    • Toyota Tacoma 2010 and up
    • Isuzu D-MAX 2010 and up
    • Pickup (800kg)
    • Toyota Hilux 2010 and up
    • Isuzu D-Max 2010 and up
    • Foton Thunder 2010 and up
    • Mazda BT-50 2010 and up
    • Ford Raptor 2010 and up
    • Ford Ranger 2010 and up
    • Nissan Navarra 2010 and up
    • Chevrolet Colorado 2010 and up
    • Mitsubishi Strada 2010 and up
  • Small truck
    • Foton Tornado (FB Type) 2010 and up
    • Hyundai H100 (FB Type) 2010 and up
    • Isuzu NHR 2010 and up
    • Isuzu NHR (Flexi Truck) 2010 and up
    • KIA K2500/K2700 (FB Type) 2010 and up
    • Mitsubishi L300 (FB Type) 2010 and up
    • Suzuki Carry (FB Body) 2010 and up
    • Isuzu Traviz 2010 and up
    • Jac Xporter 2010 and up
    • Foton Gratour MPV (FB Type) 2020 and up
    • Nissan Urvan 2010 and up
    • Nissan NV350 2010 and up
    • Nissan NV350 (Cargo) 2010 and up
    • Toyota HiAce (Commuter) 2010 and up
    • Toyota HiAce (Grandia) 2010 and up
    • Toyota HiAce (Super Grandia/LXV) 2010 and up
    • Isuzu iVan (N Series Van) 2010 and up
    • Isuzu iVan (Elf) 2010 and up
    • Foton Transvan 2010 and up
    • Foton Traveller 2010 and up
    • Mahindra Supro Panoramic Van 2010 and up
  • Medium Truck
    • Foton Tornado 2E 2010 and up
    • Hino 300 Series XZU302L 2010 and up
    • Hino 300 Series XZU710L (single cab) 2010 and up
    • Isuzu QKR77- E 2010 and up
    • Isuzu NLR77- E 2010 and up
    • Isuzu NLR85 E 2010 and up
    • JAC Prince I (Cab & Chassis CV) 2010 and up
    • JAC Prince II (Cab & Chassis CV) 2010 and up
    • Hino 300 Series XZU302L 2010 and up
    • Hino 300 Series XZU710L (single cab) 2010 and up
    • Mitsubishi Fuso Canter FE71 2010 and up
    • Mitsubishi Fuso Canter FE71 (AR10) 2010 and up
    • Mitsubishi Fuso Canter FE71 (CR10) 2010 and up
    • Hyundai HD36 2010 and up
  • Large Truck
    • Isuzu Elf Aluminum Closed Van
    • Mitsubishi Canter
    • Foton Tornado Aluminum Van

Earning Potential:


Angkas

Angkas (DBDOYC Inc.) is a Philippines motorcycle vehicle for hire and package delivery company that is based in Makati City.

How to Apply as an Angkas Rider

  • Fill up the application form here
  • Wait for Angkas to contact you for the schedule of your half-day processing in their office 
  • Finish your training and tests 

Requirements

  • Valid LTO Professional Driver’s License
  • 2013 Motorcycle or newer 
  • 100-200cc displacement
  • Brands that are accepted :
    • Honda
    • Kawasaki
    • Suzuki
    • Yamaha
    • SYM
    • Euro
    • Kymco
  • Valid NBI Clearance
  • Valid Barangay/Police Clearance
  • Photocopy of OR/CR of vehicle
  • Photocopy of Valid Professional License (2 copies)
  • If not the owner
    • Authorization Letter/Deed of Sale
    • Photocopy of the ID of the registered owner
  • Your phone must be Android version 6 or higher

Earning Potential:

  • P1,500/day (Full-time)
  • P500/day (Part-time)3

Transportify

Transportify is a logistics marketplace that can be accessed via its mobile app to deliver cargo and goods for businesses and people.

How to apply as a Transportify Driver

Requirements

  • Android phone + data – version 5.0 or higher
  • Valid Driver’s license
  • Tax Identification Number
  • Valid NBI Clearance
  • OR/CR of Vehicle

Earning Potential: Php 130,000.00 with your economy vehicles, Php 160,000.00 with L300 / Van, and about Php 370,000.00 with your closed vans based on Transportify’s earning simulator.


Mober

Mober is a local logistics company that offers its homegrown app to provide Filipinos with all their logistics needs.

How to Apply as a Mober Driver

  • Fill up the Vehicle Information here.
  • Wait for an SMS that will tell you all the documents your need to provide
  • Click the link provided in the said SMS to verify your account/vehicle and follow the instructions provided.
  • Wait for the call from a fleet coordinator

Requirements

  • Operator
    • Vehicle OR/CR
    • Vehicle’s Comprehensive Insurance and TPL
    • Interior Photo of the Vehicle’s cargo bay
    • Exterior photo of the vehicle
    • Owner’s valid ID
    • Operator’s mobile number
    • Owner’s authorization letter
    • Drivers should have their own smartphone (Android version 6.0)
  • Driver
    • Pro LTO Driver’s License
    • Mobile number
    • NBI/ Police clearance
    • 2 x 2 Picture
    • Medical Certificate (drug test included)
    • aged 18 and above
  • Helper
    • NBI/Police Clearance
    • 2 x 2 picture
    • Medical Certificate
  • Valid Vehicles
    • Vans (2010 model and above)
    • 4 – 6 wheeler trucks (no limit on year model as long as in good working condition)
    • L300 FB Deluxe/Exeed, H100, K2700, Hiace Commuter, GL Grandia, Nissan Urvan, Hitop, Izusu, Canter, Tata closed vans, or other similar vehicles. 

Blend.PH

Blend.ph (Inclusive Financial Technologies Inc.) – is a peer-to-peer online funding platform that caters to the financial needs of Filipinos.

How to become an Investor via Blend.ph 

  • Fill up the online form here and upload clear copies of two valid IDs(government-issued IDs) 
  • Upon Approval of your account, you will be given detailed instructions on how to fund your Blend.ph wallet ( approval time of approx. 24 – 48 hours)
  • After funding your Blend wallet you may start placing funds on loan applications
  • Certain information such as risk grades will be disclosed to you as a guide to help you decide.
  • Loan repayments will be scheduled monthly, but you are allowed to withdraw the funds you’ve earned on your BLEND wallet anytime.

Investment Details:

  • Php 5,000 minimum investment
  • 6% – 30% per annum interest

GoGoExpress

GoGoExpress is your Go-To Hassle-Free Social Selling App designed for casual and social sellers, offering integrated logistics services and value-added tech platforms to social merchants.

How to become a GoGoExpress Rider

  • Visit the GoGoExpress website and head to the Ride with Us page
  • provide mobile number
  • Provide all necessary requirements
  • Take a selfie
  • upload driver’s license
  • upload OR/CR
  • Pick your 1st HUB/route
  • Pick your 2nd HUB/route
  • Fill up personal information on the form provided

Requirements 

  • You should have your own vehicle (motorcycle or 4-wheel)
  • Professional Driver’s License
  • Vehicle OR/CR (if not owned provide an authorization letter with a valid ID and deed of sale/sales invoice for 4W vehicles)
  • Barangay,NBI Clearance
  • TIN number
  • Drug test result
  • SSS number
  • BIR sole proprietorship

Earning Potential: earn up to P2,000 per day.


Agoda Homes

Agoda is Asia’s largest online travel agency that caters to more than 2 million travelers who visit their website and app every day.

How to list your home on Agoda

  • Sign in or sign up for an Agoda account here
  • Upload your property details and pictures
  • Set your prices and available dates
  • See your listing go live

Requirements

  • Complete details regarding your property
  • Clear images of your property both indoor and outdoor
  • Information on your immediate area (neighborhood, and how to get around)

Average Income: depends on the property listed.


Dibz

Dibz is an app that allows you to search for and also reserve parking spaces that will be guaranteed to be available when you arrive. It is also a marketplace for parking space owners to list or advertise their unused parking slots to other drivers in need of parking around the Metro.

How to Apply as a Partner

Residential Partnership

  • Download the Dibz mobile app
  • Check if your building is already a partner
  • Apply to be a Dibz condo parking partner via the app
  • List your parking space

Garage Partnership

  • List your garage on the Dibz mobile app
  • Provide all the information needed regarding your parking space

Fiverr

Fiverr is a global marketplace that offers freelance services connecting people and/or businesses looking to hire.

How to become a Fiverr Freelancer

  • Head to Fiverr’s home page
  • Provide your email address and click continue
  • Choose your username
  • Choose your password and click join
  • You are now registered
  • Check your email for the activation link
  • Click activate your account

How to become a Seller

  • Click on the “Become a Seller” from the drop-down menu
  • On the next page click on Become a Seller again to start the onboarding process
  • after watching and seeing the tips/guides click on continue
  • Complete all mandatory fields
  • Choose to link your account to your other socials
  • verify account after the onboarding process
  • Create your first Gig

Fiverr Seller level requirements and possible income

  • LEVEL 1
    • Be an active seller for at least 60 days
    • Complete at least 10 orders (all time)
    • Earn $400 or more
    • Maintain a 4.7-star rating over 60 days
    • Deliver a 90% response rate score over 60 days
    • Score a 90% order completion rate over 60 day
    • Achieve a 90% on-time delivery score over 60 days
    • Receive no warnings over 30 days
  • LEVEL 1 Benefits
    • Create up to 10 active Gigs
    • Add 4 Extra services per Gig ($5, $10, $20, $40 for each Extra)
    • Create custom offers (up to $20,000 each)
    • Withdraw your earnings after 14 days
  • LEVEL 2
    • Be an active seller for at least 120 days
    • Complete at least 50 orders (all time)
    • Earn $2,000 or more
    • Maintain a 4.7-star rating over 60 days
    • Deliver a 90% response rate score over 60 days
    • Score a 90% order completion rate over 60 days
    • Achieve a 90% on-time delivery score over 60 days
    • Receive no warnings over 30 days
  • LEVEL 2 Benefits  
    • Create up to 20 active Gigs
    • Add 5 Extras per Gig ($5, $10, $20, $40, $50 for each Extra)
    • Create custom offers (up to $20,000 each)
    • Enjoy priority customer support
    • Withdraw your earnings after 14 days
  • Top Rated Seller
    • Be an active seller for at least 180 days
    • Complete at least 100 orders (all time)
    • Earn $20,000 or more
    • Maintain a 4.7-star rating over 60 days
    • Deliver a 90% response rate score over 60 days
    • Score a 90% order completion rate over 60 days
    • Achieve a 90% on-time delivery score over 60 days
    • Receive no warnings over 30 days
  • Top Rated Seller Benefits
    • Create up to 30 active Gigs
    • Add 6 Extras per Gig ($5, $10, $20, $40, $50, $100 for each Extra)
    • Create custom offers (up to $20,000 each)
    • Enjoy priority customer support
    • Withdraw your earnings after 7 days

Toptal

Toptal is a top-tier global remote company that provides a platform to connect businesses with world-class talents such as software engineers, designers, finance experts, and product managers to name a few.

How to Freelance with Toptal

  • Fill up the application form here (you can opt to use your LinkedIn account)
  • Pass a series of exams including language tests, skill reviews, a live screening, and test projects.

Requirements

  • Typically have at least 2-3 years of relevant experience
  • Excellent communications skills

Earning Potential: Toptal salaries range from approximately USD $40,000/year for a project manager and up to USD $195,740/year for a Senior Consultant. Hourly pay ranges from USD $19.90/hr for customer service reps. to USD 83.71/hr for Development Operations Engineer.


Upwork

Upwork Global Inc. is an American freelancing platform that was formerly known as Elance-oDesk (rebranded to Upwork in 2015) that is headquartered in California.

How to Freelance with Upwork

  • Sign up on Upwork’s home page
  • Use your work email address, Apple or Google account
  • Provide personal information
  • Create your Upwork profile including information about your work/skill
  • Provide Educational Background
  • Provide past work experience
  • Add language proficiency
  • Set hourly rate
  • Indicate your title and overview
  • Add profile picture
  • Add contact details
  • Preview and double-check your profile
  • Start freelancing work

Requirements

  • At least complete 60% of the field required in your Profile like providing a photo of yourself, your title, your overview, work history, and one skill tag.

Average Income: Experienced freelancers earn an average of $20/hour and others can earn up to $60/hour. This wide range means that the best-paid freelancers can make anywhere from $32,000 to $120,000 in annual income.


Tips to Thrive in the Gig and/or Sharing Economy

Here are some traits to practice and tips that may help you succeed in your freelancing adventures and identify your strengths and weaknesses that may help you become a better worker.  

  • Taking Initiative – always be ready to jump in and get to work to save yourself from missing out on good opportunities.
  • Try to be more versatile/flexible – adaptation is a basic human instinct that you can apply to your work ethic. Those who fail to adapt to any given situation may find themselves in a place that may greatly hinder their progress. 
  • Always strive to Improve or Evolve – tighten up every aspect of your work it will add up and help you succeed in your field. Don’t fear change, embrace it. Lastly, be willing to learn more and new stuff that may help you go even further.
  • Understand Cash Flow – read up or search up stuff about basic finance and personal banking to understand how money flows, especially in your field of work. This will help you understand where your efforts should go. However, this does not mean that everything you do must be centered around money. Balance is key.
  • Be Consistent – this is critical to any workflow but as a gig worker, you must find the balance between consistency and urgency because of the fast-paced work that is present in this field.
  • Improve your People skills – communication is key in any kind of industry but as a gig worker/freelancer you will need to talk directly to clients thus having good communication skills can help you cultivate and grow your connections.
  • Incorporate Work and Self-care routines – try keeping a schedule you can consistently follow or try breaking down your day with a to-do list. However, other routines like self-care are also crucial to your well-being and will greatly affect your overall performance as a freelance worker.

Sources

  1. SalaryExpert
  2. Airbnb
  3. Philpad

About Migs Palispis

Miguel Palispis is a freelance writer at Grit PH.

He started his freelancing adventure in 2018 and began doing freelance Audio Engineering work (mixing for bands and Podcasts) and is also currently writing tech news and tech reviews for Gadget Pilipinas.

He is also a musician, foody, gamer, and PC enthusiast.

Education: College of Saint Benilde (Bachelor of Arts in Music Production)
Focus: Tech, Finance, and Business

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