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How To Find And Hire FREELANCERS

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The 10 Minute MBA, is a no-fluff daily podcast that teaches you practical business lessons you can use to grow your business immediately.

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Welcome to the ten minute MBA. I'm your host, Scott D clary. On the ten minute Mba I teach you tools, strategies, tactics and insights that you can use to start, scale, grow or ten extra business. Today I'm going to be teaching you how to effectively outsource, what it is and where to go to find freelancers, part time workers, hourly workers that you can use for a variety of tasks. But first let's just speak about freelancing outsourcing. I've used almost I'm trying to think now, in my my last company, when I first joined, outside of the CEO and the CTO and maybe a few, maybe a few other individuals in the company, I would say about fifty percent of the company was outsourced and I was able to take that company as able to grow that company and actually eventually exit that company and we were acquired and we did that with about fifty percent of our team...

...being part time or freelanced or even full time, but just outsourced. So whenever you're starting a business, you're launching a project, you're starting a side hustle. It could be your first product you've ever taken the market, it could be a new project within a well established company. Hiring a freelancer maybe a new experience for you, but it is one of the best ways to bring specialists expertise to your group or to your company, especially if that expertise is not needed long term. Or perhaps you don't even know where to go to look for that expertise. You've never hired somebody like this and you need some help finding talent that is vetted, that you know is going to work out, or at least there's going to be a better chance of it working out. So this is why I always suggest that you look to freelancing platforms or contract platforms. Basically, what these are freelancers. Let's just use the term freelancers. Freelancers are often very flexible, very cost effective, but it...

...can be difficult how to find the right match for your project. So hopefully this will give you a little bit of insight. But first let's define a few things. So freelancers are self employed individuals who are hired by clients to provide specific services, usually on short term contract basis. The most popular areas for freelance work would be software and web development, writing, copywriting, teaching, tutoring, graphic design, sales, and marketing, virtual assistance and administration. These are just some of the things that you can hire a freelancer for, but effectively you could hire a freelancer for absolutely anything. And when you hire a freelancer you're going to be saving a little bit of money because you're not going to be paying for employee benefits, tack pension and potentially office space supplies, usually because they already have this set up for themselves. Of course they're not on your full time payroll. They're easy to replace if they aren't a right fit. There's a lot of expenses associated with hiring somebody and if...

...you hire somebody they're not a good fit, then it's very expensive to replace them. So freelancers can scale up and and if they don't work out, they're not full time, they offer high quality of work all the time. Their rating and their future customers require them to give it their all, because there's usually feedback mechanisms that are built into the market places that you can go to to get freelancers. So if they do not deliver or if they over advertise their skill sets, then there's a good chance that their future potential work may be severely impacted. If the person who hires them gives them a negative rating. So you generally, after reviewing the reviews and you review their ratings on some of these platforms that I'll speak about, you generally have a good idea of what you're getting yourself into. Another thing is that these freelancers usually are global, meaning that they don't have to come to the office, so you can access the best person for the job regardless of the physical location. Also, you can scale up and scale down, meaning you only hire them...

...when you need them. You aren't paying people all the time, regardless of the amount of work. And also if, for example, perhaps you do have talent on your team, but there's a very specific or diverse task that you need to have taken care of and the people that have been working on your team for the past ten or fifteen or twenty years don't have that particular skill set, instead of hiring full time, perhaps you can hire part time and you can hire a freelancer to add that very specific or diverse skill set that your team doesn't have. Now there's also several cons you have to be aware of when you're hiring a freelancer. So they may not be available immediately or they may not have the amount of time that you require to commit to the project if they have multiple contracts ongoing. They don't have as much knowledge of the company, your product, your workflow, your customers that a long term employee would have. They're definitely not as committed because this is a transactional agreement. There's a there's a dollar value attached their time, so they may...

...choose another client over you if they're offered better terms. They're not working for free, even though you know your employ shouldn't be either, but they're not going to put in extra time to get things done. It's really it's very, very black and white, transactional and also it's hard to really build a true rapport with somebody quickly, mostly because you're hiring these people virtually or you're hiring them remote and you don't see them in person. So of course this is more normal now and we're getting better at interacting virtually now in building rapport now and hiring virtually now, but still it's not as good as it could be if it was in person. But I will alway always say that outsourcing is ideal if you're a small company, if you need a position filled for a short period of time. If you need a person with a specific skill set or specific experience, you will find some incredible people that like to commit to recurring work with their clients. You can build a professional relationship with a freelancer. You can teach the more about your company over time. And it's actually happened, and this is not so unnormal, that you actually end up...

...hiring that person once they fill the role for a period of time and you start to really Mesh and you start to understand how each other works and you realize that person's a good fit and you just hire them full time. So, now that you know what a freelancer is and the benefits and potentially some of the things you should think about if you're going to be hiring a freelancer, you have to know where to go. So how do you connect with freelancers? And Right now, the most popular way to hire freelancers is with online platforms. All of the online platforms that I'm about to speak about allow you to post jobs so the freelancers can see and apply for these jobs. You can also browse freelancer profiles and contact any that you might think would be a good fit for the position. There are some platforms that cater to just every single potential job opportunity under the sun, but there are also some the cater two more specific kinds of freelancers. For example, zertual provides virtual assistants, and sites like ninety nine designs, design hill design contest provide graphic designers. But let me go through some of the larger and more popular freelance platforms...

...that can give you access to a variety of different freelancers a variety of different skill sets. Many of these platforms that I'm going to speak Abo also use scrow, meaning that your client, like you, the client, their money is saved on the site when you start contacting the freelancers, start the contract off and it's only released when the work is completed. This means that you have a extra added layer of security and you don't have to worry about that trust in somebody screwing you over when you're working with unknown clients, because you don't have to worry about the freelancer running off with your money and the freelancer doesn't have to worry about whether or not there's a question marcus to whether you're going to pay them at the end of the job. So it works for both parties. So the most popular, one of the most popular one that I use personally quite often is upwork. It is a brand name in freelancing platforms. Has About one point five million users and it includes every single job type that a you could possibly look for that a freelancer could be used for.

Freelancers are verified by UPWORK administration and they're reviewed by every client after completing every single job, so you can read the reviews before hiring them. When you post a job on UPWORK, you can post how much you're willing to pay, the expected amount of the job, the expected time the job will take, the level of experience that you would like the freelancer that you could potentially hire two have and the money that you pay is put into escrow in the contract begins and is release to the freelancer once you confirm the work is complete and once the freelancer confirms the work is complete. This ensures that both you, the client, and the freelancer are protected. Another site is people per hour. People P are our is mostly aimed at web projects, but anything can technically be advertised. This means there are some marketing and software developer freelancers on this site, but you will also be able to fill a writing or graphic design position. Freelancers must pay to use people per hours once they have sent fifteen proposals to client, which means that there are fewer users on...

...the platform, but the ones that are on are serious about using the platform because they're actually paying to be there. Guru is another platform. It's a company that has grown immensely in the past ten years. I think there's more than one million jobs completed on the platform Gurus. Freelancers can upload a portfolio of their work for potential clients so that you can examine the porfolio before hiring them. Freelancers can see how much a client has spent through the site before working with them to see if they are viable and how much they can expect to earn. Guru is very, very similar to UPWORK, and it's in its inclusion of portfolios and client reviews. And then the last, the last site that I've used personally is top towel. Top towel does not cater to all freelance areas. It focuses on web developers, designers and finance experts. Top twel is exclusive when it comes to free lancers. The site only employs and basically people who have passed a very extensive screening process. They want to have a higher level of freelancer. It boasts that it only accepts three percent...

...of the freelancers that apply to the site, which means that you could expect to pay a little bit more, but you may get a little bit more quality. And the last site that I have not personally used, but I did a little bit of research for it, is actually called freelancer. So freelancer allows freelancers to browse and apply for jobs according to their skill level. There are also hourly and long term contracts, similar to what you can do on upwork or top towel or guru. Freelancer offers contests where a client posted job with a money prize and the freelancers bid on the project with their submissions. This style means that the freelancer must put in a little bit more work for jobs that they may not get, but it also allows potential employee employerscuse me, to see exactly what they're paying for. So after you've decided, there's a few sites that I just mention. After decide which site to use, take some time to browse other jobs before posting your own. So what job details are clients mentioning up front? Are they offering our hourly or flat rates? It can also be useful to browse freelancers profiles to see what you...

...can expect from other people who apply for your position. So freelance profiles will also give you a good idea of how much is considered a reasonable rate of pay. If you aren't your exactly how long a project will take, at least give an estimate. Freelancers will be organizing other jobs to begin working with you and they'll be organizing other jobs to begin after working with you. So it's unfair to expect them to act as though they only work for you, and just keep that in mind when you're thinking about why you're using a freelancer. It shouldn't just be to find somebody who you can get rid of at any point. The goal should be to set up a fair and proper project. You can scale up as needed, but set the expectations up front so that you again, like any person you're ever working with. You have good communication, you're transparent, you're honest and you build that good working relationship from the get go. anyways, these are some of the benefits and places to find freelancers, just to get your mind thinking about how you can really scale a new project, a new business, a side hustle. I would highly...

...recommend that if you are building something and you have not used freelancers yet for some portion of your project, you start to look into using freelancers because it can be a very cost effective, resource effective and time effective way to scale your business. Anyways, I hope that helps. If you have any business questions at all, don't worry, I got you. This has been another ten minute MBA. That's it for tonight. I'll see you tomorrow. It's it for tonight. I'll see you tomorrow. It's different.

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