45. The Positives Of The Great Resignation with Matthieu Silberstein

The Great Resignation may have tipped the scales, but the underlying sentiment of dissatisfaction among workers of all ages and demographics, representing companies and industries across the board, had been brewing underneath the surface for some time. Whether it’s the multiple attempts to unionize, rallies and protests outside of corporate headquarters, or the class action lawsuits filed on behalf of those seeking better working conditions, employees had been making their voices heard time and time again, mostly to no avail.

But once the Covid-19 pandemic came along and made it obvious just how many disparities existed among gig workers, hourly employees, salaried employees, and corporate executives, many of those same workers who had been vying for better working conditions finally decided enough was enough. They either left their company for another who was promising better flexibility and a higher salary, or they left the employee population altogether and instead decided to go and become their own boss.

In this episode, Malcolm Ethridge sits down  with Matthieu Silberstein, Vice President of Creative Marketing for Lili, a startup dedicated to helping freelancers manage their work life and financial life all in one place. . Matthieu and Malcolm dig into the impact of the Great Resignation and discuss some of the key financial concepts that freelancers all need to know in order to run their companies effectively. 

Matthieu discusses: 

  • The financial products and solutions Matthieu wishes existed back when he began his own journey as a freelancer 
  • The importance of keeping business and personal expenses separate as a freelancer and small business owner
  • Why using Venmo or Paypal is not the best way for a freelancer to structure payments processing once they formalize their business
  • The value and importance of finding a good accountant to work with early on in your journey as a freelancer or other small business owner
  • And more

Resources: 

Connect With Matthieu Silberstein:

Connect With Malcolm Ethridge:

About Our Guest:

Originally from France and moved to the United States twelve years ago, Matthieu Silberstein is the vice president of creative marketing for Lili, a startup dedicated to helping freelancers manage their work-life and financial-life all in one place. His work includes public relations, media partnerships, social content, creative writing, and storytelling. Matthieu has been a freelancer in the creative space for half of his career. Prior to joining Lili, he was a video content director for a media tech startup that was acquired by Discovery and a video director and marketing producer for Pop Sugar.

Disclosures:

The information provided is for educational and informational purposes only, does not constitute investment advice, and should not be relied upon as such. It should not be considered a solicitation to buy or an offer to sell a security. The views expressed in this commentary are subject to change based on market and other conditions. This writing may contain statements that may be deemed forward‐looking statements. Please note that any such statements are not guarantees of any future performance and actual results or developments may differ materially from those projected. Any projections, market outlooks, or estimates are based upon certain assumptions and should not be construed as indicative of actual events that will occur. Be sure to consult with your tax and legal advisors before taking any action that could have tax consequences. Investments in securities and insurance products are: NOT FDIC-INSURED | NOT BANK-GUARANTEED | MAY LOSE VALUE

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