Monday, March 7, 2011

Online Freelancing - Starting Up for Entrepreneurs

Entrepreneurship is a tricky path to tread on. A trend seen in India is that entrepreneurs here take the plunge while being supported by friends and family. Fund raising for starting up entrepreneurs is still a challenge and hence many of them start small by working as freelancers, taking up various projects and proving their worth in the market by adding real value.

Freelancing is a good option, but how can you get freelancing assignments?
This is the eternal question. Getting well paying freelancing assignments is an easy game for people who have proven their mettle in the market in their respective domains. For many others who are willing to preset their services at a competitive price, there are many options available in the marketplace.

Get freelance assignments online!!
There are many online sites which present freelance opportunities. Eg: www.freelancer.com, www.odesk.com and the rest.

What do these online platforms help with?
Online freelance platforms allow free registration and help you create a profile which has details of your experience, specialization, organization etc. These platforms act as an online marketplace with buyers and suppliers of services and products. Eg: if you are a blogger, you can post your profile with your specialization on one of these freelance platforms. Any buyer throughout the world who is looking for your set of experience and services can contact you through this platform and enter into an SLA (service level agreement) which will define your scope of work and the rest.

Once the agreement is done these platforms also help the buyers track the success of work done and achieved by the service provider with strong in-built time logging and management systems, where the service providers have to log in to clock in the number of hours required for the work as per the agreement and hence be paid for.

Are my payments secure?
Yes! These platforms have in-built payment mechanisms and on every transaction which happens online, they charge a nominal fee. The buyer and the supplier can decide upon a agreed price and hence start work.

Can I get International Assignments?
As starting-up entrepreneurs you can get many International assignments to start with and as you build your reputation with your work, the trust in your work and services increase and hence you get follow on business.


For starting-up entrepreneurs such platforms are a great source of initial work. Also such initial work can also fetch you long term clients which can be a good source of future business, helping you scale up.

Team IndiaMART Knowledge Services is committed to help the SMEs grow. To know more, drop in a comment to this post and our team of experts will be happy to help!

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