The critical role that freelancers play in your overall business model

The critical role that freelancers play in your overall business model

When you think of starting a business, you might not think of bringing on freelancers to do the majority of work for you, which is a pretty common thing actually.  A lot of startups think they're just going to hire local people to do the majority of work, and only bring in specialists to do specific tasks, but that will cost a great deal of money that you might not be making just yet.  I want to have a brick and mortar type business eventually, and I know that I'll have to hire local people to do the work, and it scares me how much I'll have spent just on payroll lol

Freelancers should never be seen as someone that you bring in to do a remedial task and then you're done with them.  I actually have freelancers on standby to do work whenever I need them, and over the years we've built a pretty solid business relationship   We have such a good relationship that I refer people to them and they refer people to me, which increases both of our revenues   If I hadn't started working with these freelancers, I would have never saved money and also found great people to do the work for me. 

In this discussion, I'll be going over a few things that freelancers can do for you that play a big role in your overall business model, and they are:


Freelancers do work you can't do yourself
Whenever you think "I can't do this" you'll likely need to bring on an employee who can.  Well, you can save a massive amount of money if you just hire a freelancer to do the work, and then they leave to be called on again when you need them   Freelancers will gladly sign up to fix one problem, or a few, and then wait for you to contact them again for more work because that's just what they do. 

Freelancers tend to be specialists at something and this is why they are selling their work to the masses.  They could get a full-time job with a company, but they sometimes choose to be their own boss and have you pay them for temporary work.  Over time you could build up a business relationship and hire them full time, but that's up to you

Freelancers do the work you don't want to do
I've actually hired freelancers to do work I had no interest in doing.  I write a massive amount of content each day for myself and clients, but that doesn't mean I want to write everything I need to finish.  I'll never outsource my clients work to a freelancer because they expect top notch work and that's what I do for them, but I will have these freelancers write up some content that I need done but don't want to do lol.  Of course, I'll go through all the content before it goes on my own websites because I want to make sure it's amazing, but that's a pretty common thing to do if you work with a freelancer, no matter what the job is

They will free you up so you can focus on other things
I see freelancers as short periods of vacation time   I will sometimes bring on a few freelancers if I have a lot of work to do, but I need to leave town for some reason, and they'll gladly do the work I need to be done.  They do a great job while I'm gone on my weekend vacation, and I'm happy when I get back because something is finished and I didn't have to do it while I was gone

I will also be able to focus on other work priorities like talking with clients and managing my sales all while the freelancers are getting something else done that I would never have enough time to work on myself.

They are cheaper than a full-time employee
A full-time freelancer will cost you much cheaper because they work based on the jobs you have, not an hourly schedule like a standard full-time employee works off of.  A freelancer knows you're not going to pay them an hourly rate because they get paid a one lump sum or milestone payments for the job.  Since you can hire a freelancer from anywhere in the world, you can target freelancers in countries that convert your legal tender into much more money for the freelancer.  A good example of this is when I target freelancers in the Philippines for coding or programming work, they might charge me $450 for a month of work, whereas a freelancer here in the US might have charged me $3,000 to $3,500 to get the job done  

You'll usually save a great deal of money when you hire a freelancer from the Philippines because of the currency conversion rate.  You can actually target your desired country, but you might not save as much.  I limit myself to the Philippines because they're cheap and they speak English, which is extremely convenient for me

You can tap into a vast pool of experience
Freelancers aren't just people that work within 10 miles of your office and need a quick job that pays some money.  They are people from all over the world with specific gifts that you can bring on to finish a job for you.  You can tap into a vast pool of experience and knowledge when you start to work with freelancers because you're not limited to the people that are within a certain mile radius.


In conclusion
Freelancers are an amazing thing to boost your productivity because you don't really have to manage them since they get paid when the job is done.  If they screw something up, they don't get paid, which is how it works when you hire a freelancer.  I've actually had freelancers majorly screw up, which means they didn't get paid, and they knew they weren't going to.  When you hire a freelancer, you're hiring the best of the best and also saving money because you can tap into all of the talents on this earth, not just the people near you   If you haven't tried using freelancers yet, I would suggest getting your feet wet with some simple tasks and going up from there


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Thanks!

Tommy Carey