A freelancer is a self-employed person who provides services to clients and often to multiple clients at the same time. Freelancing can be a quick and affordable way to start working like your own boss, often from the comfort of your own home. Set your own hours. Freelancing is very flexible.
The startup ecosystem consists of a group of people, startups, and related organizations that act as a system for creating and expanding new startups. Startup ecosystems often form in a relatively limited area with a focus on universities or a concentration of technology companies.
Product and service oriented companies
Most of the startups that have flourished globally over the past decade fall into one of two categories: product-based or service-based. In the first case, they give you a product, i.e. something you can use directly like Google’s Gmail service to manage your email or Rovio’s Angry Birds game that you can use. play for fun. It is imperative for product-focused companies that they need a really strong tech team with top programmers and product managers. This was necessary from the outset as the software is their primary value proposition and nothing more than the ultimate will come to their customers.
The latter are essentially providing you with a service, where companies manage to achieve the end result through their website or app, such as Airbnb, which helps you book homestays. Most of the companies in India’s startup ecosystem fall into the latter category, in that they facilitate task completion through the use of technology. These companies need to validate their business model before producing world-class websites or apps that often require heavy engineering teams. For example, Airbnb needs to first validate whether a significant portion of the population is willing to host, whether people actually prefer homestays to hotels, and whether its review and rating system Are they solid or not? For the likes of Airbnb, a simple basic search and booking site would be fine (Airbnb still maintains a very minimal site).
Obstacles
After following a number of startups over the past few years, two of the most obvious hurdles they face are “scalability” and the much-touted f-word – “funding”. Either entrepreneurs find that the idea works very well for ‘n’ people who don’t scale well with 1000n, or they don’t have enough money for the initial resources, which mostly consist of employee salaries. For a startup, building a good team is a classic chicken and egg puzzle. Great talent usually goes unnoticed unless you offer an attractive salary and you won’t be able to offer an attractive salary unless you have a talented team that creates great products to then help you raise funds. . A new solution appeared
Products and services-based businesses in the startup ecosystem can look to the freelance sector to scale in energy-efficient and cost-effective ways. The first by adding freelancers to their core tech team while the second by outsourcing their entire product – hiring a freelancer to build the core solution viable or minimum viable product (MVP) will save them a lot of money and validate their idea in the market. short time. If the business model stands the test of time, they can seek additional funding and create a larger product. If the pilot is successful, the MVP can help them refine the idea and improve the credibility of the product, both in the eyes of potential sponsors and employees.
It’s also important to note that technology isn’t the only category relevant to freelance work – design and content writing are two other important categories.
