Smarter Side Gigs

HBR IdeaCast

Harvard Business Review

Leadership, Entrepreneurship, Communication, Marketing, Business, Business/management, Management, Business/marketing, Business/entrepreneurship, Innovation, Hbr, Strategy, Economics, Finance, Teams, Harvard

4.4 • 1.9K Ratings

🗓️ 19 May 2020

⏱️ 28 minutes

🔗️ Recording | iTunes | RSS

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Summary

Ken Banta, founder of the Vanguard Network, and Orlan Boston, partner at Ernst & Young, argue that every aspiring leader needs to have a side gig -- not to pursue a crazy dream or earn some extra cash but to enhance their skills, knowledge, and network in a way that benefits their existing careers. The key is to find meaningful and strategic roles that help you bring new insights and experience to your day job, and you can even let your boss in on your plans. Banta and Boston are the authors of the HBR article "The Strategic Side Gig."

Transcript

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0:00.0	Hey everyone it's Kurt we need your help with our annual survey this is your last chance to help us get to know you so we can make idea cast even better for you
0:09.8	it's easy just go to HBR.org
0:13.0	podcast survey.
0:15.0	Again, that's HBR.org slash podcast survey.
0:19.0	And, thanks for listening. Welcome to the HBR Ideacaste from Harvard Business Review. I'm Allison Beard. Today we're going to talk about a phenomenon that most of us are familiar with.
0:49.0	Today we're going to talk about a phenomenon that most of us are familiar with, moonlighting, side hustles, second jobs.
0:55.6	We typically think of these things as an escape or distraction from real work, something people
1:00.6	do at night and on weekends because they need the money,
1:03.4	hate their organization, or dream of doing something totally different with their lives.
1:08.4	But today's guests say that any ambitious professional needs a side gig, not for cash or fun or as a backup plan,
1:16.1	but to enhance their existing careers.
1:18.9	They think these extra projects and jobs should be meaningful and strategic, and they say we have to learn how to find
1:25.1	them and fit them into our busy schedules.
1:28.0	Ken Banta is the founder of the Vanguard Network and Orland Boston is a partner at Ernst & Young.
1:33.0	Together they wrote the HBO article The Strategic Side Gigg,
1:37.0	and they join me now.
1:38.0	Welcome.
1:39.0	Thank you, Allison.
1:40.0	Thank you, Allison.
1:41.0	Good to be here. So, how do you define?
1:45.0	So, how exactly do you define strategic? What makes for the right kind of
1:57.3	side gig? Orlin why don't we start with you? It's actually something that is
	...

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