Moonlighting
The Art of Moonlighting- Balancing Running the Rat Race with Running Your Other Ventures & Sources of Income
Navigating the demands of a full time job while pursuing a second job/entrepreneurial endeavors can be a daunting, yet necessary challenge for many. The Department of Labor reports that 1 out of every 17 Americans currently moonlights and the top reasons are to get out of debt and to earn extra money for short term needs. Even though moonlighting is the labor force's "dirty little secret", it is a true reality for many and a topic of huge interest to the workforce, as evidenced by the tremendous turnouts we've experienced regarding this offering.
Join us as host Karan Rhodes, a moonlighting guru who currently balances a global position with a Fortune 50 company with 3 other entrepreneurial ventures, walks you through a no-fluff, interactive, and hands-on session.
What You Will Learn:
•
Understand an overview of the current moonlighting environment
Understand an overview of the current moonlighting environment•How to use the C-L-O-S-E-T method to moonlighting success
How to use the C-L-O-S-E-T method to moonlighting success•How to tackle company time constraints
How to tackle company time constraints•Tips on Increasing after-work productivity
Tips on Increasing after-work productivity•Understand many of the tax & legal implications of managing multiple streams of
Understand many of the tax & legal implications of managing multiple streams of income•How to successfully navigate company conflicts of interest without placing your main
How to successfully navigate company conflicts of interest without placing your main job in jeopardy•Top 5 reasons you should consider keeping your moonlighting ventures a secret from
Top 5 reasons you should consider keeping your moonlighting ventures a secret from your employer & what you should do if your employer finds out•Determining when it may be time to let go of the day job.
Determining when it may be time to let go of the day job. •Experience a powerful process where you receive direct coaching for your current
Experience a powerful process where you receive direct coaching for your current situation or desires and will answer your specific questions, such as:1. I have so many ideas to generate revenue for my household, how do I know which ones to pursue?2. I'm already time-strapped? How can I possibly take on another venture?3. I'm already moonlighting but want to take it to the next level and keep more in my pocket versus giving it to Uncle Sam. How can I do this?4. How can I prepare a feasible 3 year plan that both my family and I can live with?The workshop will also feature special guests & successful moonlighters who will address top-of-mind topics such as the latest tried and true tips & best moonlighting practices. The workshop is also a great way to meet other professionals who are also striving to build and/or sustain managing a primary job, along with other ventures.
Need another incentive to join us? We're giving away great Door Prizes! Call us silly, but we love to have fun! You might be the lucky winner of premium Microsoft Software and other fantastic door prizes to be awarded throughout the day.
Who Should Attend:
Those currently or in the process of planning to. . . . . .
• work more than one job• work a primary job and another income-producing venture (ex. real estate, investing, stocks, entrepreneurial venture) Those wanting to understand how to best maximize the amount of take-home income
resulting from multiple sources of income.What were the top reasons the participants enjoyed the session?
1. Reality is that the majority of individuals are either currently in debt or in need of extra income to maintain desired standard of living.
2.A large majority of participants were either currently moonlighting or planning on doing so within the next 1-2 years.
3. There are few resources/information on how to be successful moonlighting and understanding the risks involved.
4. Each person was able to take a nugget of information and implement immediately upon walking out of the session.
5. The presentation was concise, informative, personable, and FUN!
Moonlighting Fast Facts:
The most current, complete data on moonlighting statistics is from 2005. In that year, 7.5 million people worked more than one job. The following is a breakdown by age, gender and marital status.
Age 16-2414.6
14.6Age 25-3423.5
23.5Age 35-4429.8
29.8Age 45-5422.7
22.7Age 55+ 9.5
9.5Men 53.9
53.9Women 46.1
46.1White 86.5
86.5Black 10.0
10.0Hispanic 6.4
6.4Single 27.2
27.2Married 55.4
55.4Widowed,
divorced, or
separated 17.4
17.4 SOURCE: Bureau of Labor Statistics
Moonlighting is a very real employment-related transition issue for a large percentage of the working population. Yet, it is a topic very rarely openly discussed. There are also very few support resources to help those who are either planning to or currently moonlighting.
Why is moonlighting an employment transition issue? Transition does not always mean "termination". It also refers to changing from the status quo to something new & different than before. Going from managing one job to managing multiple sources of income is definitely a complex transition process.
There are numerous transition questions moonlighting individuals must face, For example:
- How do I find the time to manage multiple jobs?
- How can I ensure my other jobs do not affect the success of my main job?
- How do I know when it is time to stop maintaining multiple jobs?
- Is there ever a time when it is best to let go of the "day job" and pursue the side jobs full time?
- Should I try to become employed with a second employer or should I start my own entrepreneurial venture?
Transition Xperts is the leading resource for the Moonlighting community!
Let Us Bring This Popular Workshop To Your Organization
We offer customized modules of the content, based on your organization's needs. Contact us today to receive a free proposal.
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