Money Box Live: Chasing a Dream

Money Box

BBC

Business

4.2 • 804 Ratings

🗓️ 28 August 2024

⏱️ 29 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

Not every dream job has an obvious route to success, so how do you make your passion project pay without falling behind on your bills?

Visa research shows that around 45% of Gen Zs (people born between the late1990s and the early 2010) have a side hustle, but it's not just for the cash. More than a quarter of those are working at a passion project.

So how do you make it if you want a career in comedy or to bag an Olympic gold? Do you have to tell your boss if you're doing extra work on the side? And what should you do about tax?

Today we're talking to an Olympian who worked as a custody officer, a comic book writer who worked in a biology lab and an aspiring DJ who's on a zero-hours bar contract.

Felicity Hannah is joined by Jack Gamble, Director and CEO of the Campaign for the Arts and employment lawyer Rupa Mooker.

Presenter: Felicity Hannah Producer: Sarah Rogers & Catherine Lund Editor: Jess Quayle

(First broadcast 3pm Wednesday 31st July 2024)

Transcript

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0:00.0	You are about to listen to a BBC podcast and I'd like to tell you a bit about what goes into making one.
0:06.5	I'm Sadata Sese, an assistant commissioner of podcasts for BBC Sounds.
0:11.2	I pull a lot of levers to support a diverse range of podcasts on all sorts of subjects,
0:16.0	relationships, identity, comedy, even one that mixes poetry, music and inner city life.
0:22.4	So one day I'll be helping host develop their ideas, the next fact-checking, a feature,
0:28.3	and the next looking at how a podcast connects with its audience, and maybe that's you.
0:33.6	So if you like this podcast, check out some others on BBC Sounds.
0:39.5	BBC Sounds, music, radio podcasts.
0:43.4	Hello, follow your heart, fake it till you make it, reach for the stars.
0:48.1	There's a lot of advice about the importance of chasing your dreams.
0:51.3	There's not as much advice for paying the bills while you do so.
0:55.4	Athletes are going for gold at the Olympics right now.
0:58.2	We all have a dream and I think being an Olympian is something special
1:01.7	and no one can ever take that away from me.
1:03.6	You know, I will always be an Olympian no matter what you always seem to find a way,
1:07.5	whether that be financially or otherwise.
1:09.3	And hundreds of performers are
1:11.2	bracing themselves for the Edinburgh Festival, which kicks off this weekend. Plus, of course,
1:16.0	there are music festivals like Reading and Leeds over summer, so we wanted to dedicate this
1:20.9	Moneybox Live podcast to the finances of following your dreams, especially when success
1:26.3	isn't just not guaranteed, it's actually unlikely.
1:29.3	A lot of creative people have a day job, but then they work late into the night on their other goals.
	...

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