The Global Work Marketplace - The Revolution Of How Work Gets Done
Will cubicles be a distant memory for today's workforce? Will the expense of office space and the tremendous burden of employee benefits be a thing of the past for modern day businesses?
The reality is, for thousands of people, this change has already occurred. Internet based 'Service Auctions' now abound where businesses can post their ongoing jobs or one-time projects to a global market of freelance professionals, a.k.a. - 'Service Providers'.
The service providers then bid on the work, adorn the bid with their 'pitch' and online portfolio and voila! What commonly takes weeks to accomplish and thousands of dollars in payroll and advertising revenue... can take a business as little as a day with no overhead costs at all.
Another advantage to this reverse auction model is the feedback system. Providers are rated by previous buyers who have used their service. Generally a buyer can review a providers resume, portfolio, job history, references AND their feedback reviews with a click of a mouse.
It can be a challenge for new service providers to jump in on these job sites without any previous feedback to grace their bids with the coveted five star rating. But once that first project or two is under their belt, it is absolutely possible to make a successful freelance career via these types of job sites.
Many freelancers have found their best long-term clients from these boards and only utilize the system for a short time. Others use them continually and some work with a team of professionals to juggle the work that they are awarded.
There is no doubt that the Global Work Marketplace is here to stay and is every day expanding. It is a win-win for businesses and workers.
Businesses get the advantage of a global array of workers to choose from. The benefit from harvesting the talent of workers in different states that often isn't available locally. There are tremendous savings from office space, benefits, and HR staff costs etcetera. Often times there are time zone advantages, particularly for internet based businesses that have online chats available to their customers and want those 'manned' 24 hours a day. Or software companies who want to provide technical support 24 hours a day.
For the workers, the number one advantage is working from their home office. Eliminating costs of commuting, wardrobes, lunches, childcare services and more from their budgets is a terrific economic relief. The work arrangement often times has very flexible hours. And being your own boss is the best advantage of all.
People working for themselves on their own terms, in their own homes tend to demand more of their work and deliverables. They hone skills for the sheer pleasure of building their portfolio of skill to potential clients and they tend to think of their client's businesses on a much more professional level. Because their work for the client reflects on their own business, not just the client's they work harder and with more care then the all too typical unhappy cubicle worker will.
About The Author
Lori Redfield is such an online entrepreneur. Intrigued businesses owners can contact her for more information at her business website, http://www.OutsourcingIdeas.com.
Professionals interested in taking their careers online can learn more about how to do so at her website, http://www.FreelanceMom.com.
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Worth noting are businesses that help home owners maximize the space they have as well as those making homes more accessible to an aging population. (To read about a unique, highly successful, and legitimate home business opportunity that matches home owners with reputable home repair contractors go to http://www.ChangingCourse.com/hrnsuccess.htm) HOT BUSINESS: Yoga & Pilates According to Entrepreneur, companies are bending over backwards to cater to the growing market of people practicing yoga. Clothes, mats, DVDs, music, and classes aimed at seniors, pregnant women and children as young as three are just a few products and services aimed at this growing market. And with a reported 47 million Americans taking Pilates, a work out that builds abdominal muscles, opportunities abound for gym owners and instructors alike. If you like the idea of teaching Pilates, studio owner Maria Leone recommends starting out by keeping overhead low. She suggests renting space for one-on-one sessions from a small gym or chiropractic office. Fees for a typical Pilates session range from $50 to $70 an hour. Meditate on that! HOT BUSINESS: Upscale Pet Services According to the American Pet Product Manufacturers Association, Americans spent an estimated $31 billion on pets in 2003. A few of the luxury services cited include pet hotels complete with heated floors, limousine rides, day cruises, and personal shoppers. And apparently the spa trend has extended to the pet world with exfoliating treatments, aromatherapy, liposuction (I kid you not), and chiropractic services. HOT BUSINESS: Outsourcing Outsourcing is one of those good new-bad news things. If your job is being eliminated because it's cheaper for your company to outsource functions like HR, accounting, and network security, then outsourcing is a bad thing. Outsourcing is particularly hot in IT ? and when it comes to outsourcing jobs overseas, it's also controversial. The good news for freelancers is the federal government plans to open 850,000 jobs to outsourcing, with $85 billion in federal IT contracts to be awarded over the next three years Other Hot Businesses: Spas, organic foods, online matchmaking, senior care, wireless, tech security, and voiceover IP (VoIP). If you believe as I do that it's better to be the boss, than to have one, why not make 2004 the year you start putting your entrepreneurial plans into action? You don't have to quit your job or mortgage your home to get the ball rolling. You might resolve to do some research, start putting together a business plan, take a course on marketing, glass blowing, woodworking, web design, or whatever sparks your fancy, get certified to teach yoga, buy a book on how to launch a successful on-line business, start a Barbara Sher style Success Team? or just order a subscription to Entrepreneur. If you don't already subscribe to Entrepreneur you can do so at http://www.Entrepreneur.com. The site also features a ton of free resources for anyone who already is ? or dreams of ? working for themselves. For other free resources for people who want to start their own businesses visit http://www.ChangingCourse.com/newbiz.htmOkay, but what if you don't see a trend, market, or business here that speaks to you? Then find the one that does! I had a client who is crazy for horses and photography. It took me all of 30 seconds on Google.com to find a group called the Equine Photographers Network. In addition to their conference this February in Florida, the group offers a free public online discussion group with over 700 members who range from top-of-their-field working pros to amateur photographers to magazine editors and writers to horse owners, all interested in improving their equine photography skill and knowledge. Learn all about the Equine Photographers Network at http://www.EquinePhotographers.net. The way to find the "hottest" business idea for you is to get in touch with the passion that burns the brightest in your heart. Then make 2004 the year resolve to you take those first bold steps on behalf of your dream!