If you are a freelancer (working on your own for different customers), employee or entrepreneur working in Armenia, you must have asked yourself some of the questions below:
- The Armenian domestic market is too small. What business opportunities might there be abroad?
- Is there an easy way to find and reach customers abroad?
- Where can I find additional income sources as a freelancer?
- I am studying Graphic Design or Software Development, but it is hard to find internships. How can I gain hands-on experience as a freelancer while making a few bucks?
Or perhaps you are training at the TUMO Center and are looking for ways to participate in interesting projects.
Well, there are a number of websites out there that help match companies and skilled people (e.g. web design) with projects. There are two main types of “markets” where supply meets demand over the Internet:
is the older model, based on what has happened for years in the offline world. People, or companies, post their project needs (e.g. logo) and their willingness to pay. People with skills place bids in a form of reverse auction (lower bid wins) and work on the project. There are several differences in the mechanics of each website, but you get the idea. Here are some of the most famous websites:
is a newer model, based on competition. This model approaches the problem differently. The person or company with a need (e.g. logo, piece of code), posts a description of the project with a pre-fixed price. Instead of bids, people work “for free” and submit their work. The person or company who requested the work chooses the alternative that it liked the most. After a few interactions and refinements, the “winner” gets paid. Here are some of the most famous websites:
Crowdsourcing websites are a little tricky. They may not provide you with a steady income stream at first, but they can be a great learning experience in terms of
- Understanding about the demands of end customers
- Understaning better competitors and the competitive environment (how they do it, how fast, with what quality and price).
This is extremely important for those disconnected from the large demand centers of the world. With the learning experience (and many hours of work that might go unpaid) comes the self-realization that either:
- There is a skill gap that needs to be addressed, perhaps through more training, practice or interaction with customers
- There was a hidden talent in you that was not explored to its full potential
What are you waiting for? Try one of the sites about and find out.
This post is also available in: Armenian