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Upwork Inc (NASDAQ: UPWK)’s stock price has soared by 1.36 in relation to previous closing price of 10.30. Nevertheless, the company has seen a loss of -6.28% in its stock price over the last five trading days.

Upwork Inc (UPWK) Shares Rise Despite Market Challenges

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Solwey And Devron.ai Partner To Advance Decentralized Data Processing

Discover the latest Upwork statistics for 2023, including revenue, user insights, and more in this comprehensive article.

80+ Upwork Statistics in 2023: Revenue, Users & More

Upwork Inc’s recently made public that its Chief Accounting Officer Marie Olivier unloaded Company’s shares for reported $2424.0 on Oct 18. In the deal valued at $11.22 per share,216 shares were sold. As a result of this transaction, Marie Olivier now holds 5,361 shares worth roughly $55271.91.

Insider Marie Olivier sells 216 of Upwork Inc [UPWK] Stock

See: 7 Ways To Earn Money on Upwork With ChatGPT Find: 9 Ways To Make $200 (or More) a Day Running Errands Those who see it as an excuse for laziness will not be cheered by a new trend, called “Lazy Girl Jobs,” that is becoming a thing on TikTok among ...

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Get the most recent info and news about Upwork on HackerNoon, where 10k+ technologists publish stories for 4M+ monthly readers.

Upwork Inc., together with its subsidiaries, operates a work marketplace that connects businesses with various independent professionals and agencies in the United States, India, the Philippines, and internationally. The company's work marketplace provides access to talent with various skills across a range of categories, including sales and marketing, customer service, data science and analytics, design and creative, web, mobile, and software development. Its work marketplace also enables clients to streamline workflows, such as talent sourcing, outreach, and contracting. The company's work marketplace offers access to various functionalities for remote engagements with talent, including communication and collaboration, ability to receive talent invoices through their work marketplace, and payment protection. Its marketplace offerings include Upwork Basic, Upwork Plus, Upwork Enterprise, and Upwork Payroll, as well as managed and internet escrow agency services. The company was formerly known as Elance-oDesk, Inc. and changed its name to Upwork Inc. in May 2015. Upwork Inc. was incorporated in 2013 and is headquartered in San Francisco, California.

Upwork

Top 100 Highest Paying Upwork Clients

ከፍተኛ 100 ከፍተኛ ክፍያ የሚከፍሉ የድጋፍ ሥራ ደንበኞች

Los 100 clientes de Upwork que mejor pagan

100 مشتری پردرآمد Upwork

शीर्ष 100 सबसे अधिक भुगतान करने वाले अपवर्क क्लाइंट

100 לקוחות Upwork המשלמים ביותר

最も高い報酬を得ている Upwork クライアント トップ 100

100 ອັນດັບລູກຄ້າທີ່ຈ່າຍເງິນສູງສຸດ

Топ 100 најплатени клиенти на Upwork

100 Pelanggan Upwork Bergaji Tertinggi Teratas

د 100 لوړ تادیه کونکي اپ ورک پیرودونکي

100ka Qof ee ugu mushaharka badan

Top 100 Мизоҷони баландтарин музднок

“It was the 24th of October That day 21% of Upwork employees always remember, yes they will 'Cause that was the day that they lost their jobs” The news about one-out-of-five layoffs at Upwork shook the remote work community to the core. The exact scope of the layoff is unclear, but based on Upwork’s reported 800 employees at the end of 2023, the 21% cut will likely hit at least 160 workers. Was it necessary? Could it have been avoided? Upwork expects to save $60 million a year from the announced cost cuts. The stock markets reacted almost immediately, in a matter of hours. The gig-economy specialist's share price was up 22.6% as of 11 a.m. ET. When you put it like this, you don’t get the full picture: So, How Many People Work at Upwork? I asked this question on Reddit. My source was Backlinko: The trouble with getting the exact number is related to freelancers who work on Upwork for Upwork. I had to ask one more question. WTF is GSV?! Indeed, an interesting market reaction, and an even more interesting graph: I didn’t have to wait long for an answer: OK. I get it. Moving on. How Upwork Feels About All These Job Kills? I don’t know about you, but Upwork’s sense of humor on X, a day before the layoffs announcement was really something. I didn’t get it then, and I don’t get it now. So, I decided to fix it for them: As you might’ve expected, the official Upwork Community reacted, as well. I had to fact-check this Upwork Community member, my fellow freelancer. This is what I found: “The estimated Net Worth of Hayden Brown is at least  $24.1 Million dollars as of 18 August 2024. Ms. Brown owns over 58,046 units of Upwork Inc stock worth over $11,243,016 and over the last 6 years she sold UPWK stock worth over $1,348,852. In addition, she makes $11,530,900 as President, Chief Executive Officer, and Director at Upwork Inc.” A “decent salary” and “a drop in the ocean.” Nuff said. Now, to our space-cowboy friend. Dear Elon Musk, Let’s Make Upwork Your Next Takeover Task! From a space explorer to our planet’s savior. People don’t lack imagination in their propositions to Elon Musk to save this or that by buying all kinds of things and companies. I saw one tweet from a guy asking Elon to buy the umbrella company, which owns all dating apps, and save the dating market. I mean, of all the suggestions this one perfectly aligns with Elon’s plans to tackle the declining population problem. But, let’s get back to Upwork. I thought to tweet my suggestion. Elon, buy Upwork, and make remote work great again. But, he already had other plans: So, X is now a job search platform, officially. This is one of the latest new features. The app that does everything. Hmm, where did I see that? Let’s ask Wikipedia: “WeChat has been described as China's "app for everything" and a super-app because of its wide range of functions.[10] WeChat provides text messaging, hold-to-talk voice messaging, broadcast (one-to-many) messaging, video conferencing, video games, mobile payment, sharing of photographs and videos and location sharing.” Shortly before buying Twitter, Musk wrote: “Buying Twitter is an accelerant to creating X, the everything app.” The everything app, indeed. And, Elon Musk is doing everything to elect the next President of the United States. So, it seems that Upwork will have to wait because it’s definitely not on Elon Musk’s plate. “It was the 24th of October That day 21% of Upwork employees always remember, yes they will 'Cause that was the day that they lost their jobs” The news about one-out-of-five layoffs at Upwork shook the remote work community to the core. news about one-out-of-five layoffs at Upwork The exact scope of the layoff is unclear, but based on Upwork’s reported 800 employees at the end of 2023, the 21% cut will likely hit at least 160 workers. The exact scope of the layoff is unclear, but based on Upwork’s reported 800 employees at the end of 2023, the 21% cut will likely hit at least 160 workers. reported at least 160 workers. Was it necessary? Could it have been avoided? Upwork expects to save $60 million a year from the announced cost cuts. Upwork expects to save $60 million a year from the announced cost cuts. save $60 million a year The stock markets reacted almost immediately, in a matter of hours. The gig-economy specialist's share price was up 22.6% as of 11 a.m. ET. The gig-economy specialist's share price was up 22.6% as of 11 a.m. ET. share price was up 22.6% When you put it like this, you don’t get the full picture: So, How Many People Work at Upwork? I asked this question on Reddit. My source was Backlinko: The trouble with getting the exact number is related to freelancers who work on Upwork for Upwork. I had to ask one more question. WTF is GSV?! Indeed, an interesting market reaction, and an even more interesting graph: I didn’t have to wait long for an answer: OK. I get it. Moving on. How Upwork Feels About All These Job Kills? I don’t know about you, but Upwork’s sense of humor on X, a day before the layoffs announcement was really something. I didn’t get it then, and I don’t get it now. So, I decided to fix it for them: As you might’ve expected, the official Upwork Community reacted, as well. I had to fact-check this Upwork Community member, my fellow freelancer. This is what I found: “The estimated Net Worth of Hayden Brown is at least  $24.1 Million dollars as of 18 August 2024. Ms. Brown owns over 58,046 units of Upwork Inc stock worth over $11,243,016 and over the last 6 years she sold UPWK stock worth over $1,348,852. In addition, she makes $11,530,900 as President, Chief Executive Officer, and Director at Upwork Inc. ” Upwork Inc stock In addition, she makes $11,530,900 as President, Chief Executive Officer, and Director at Upwork Inc. A “decent salary” and “a drop in the ocean.” Nuff said. Now, to our space-cowboy friend. Dear Elon Musk, Let’s Make Upwork Your Next Takeover Task! From a space explorer to our planet’s savior. People don’t lack imagination in their propositions to Elon Musk to save this or that by buying all kinds of things and companies. I saw one tweet from a guy asking Elon to buy the umbrella company, which owns all dating apps, and save the dating market. I mean, of all the suggestions this one perfectly aligns with Elon’s plans to tackle the declining population problem. But, let’s get back to Upwork. I thought to tweet my suggestion. Elon, buy Upwork, and make remote work great again. But, he already had other plans: So, X is now a job search platform, officially. This is one of the latest new features. The app that does everything. Hmm, where did I see that? Let’s ask Wikipedia: “WeChat has been described as China 's "app for everything" and a super-app because of its wide range of functions. [10] WeChat provides text messaging, hold-to-talk voice messaging, broadcast (one-to-many) messaging, video conferencing, video games, mobile payment, sharing of photographs and videos and location sharing.” China super-app [10] Shortly before buying Twitter, Musk wrote: “Buying Twitter is an accelerant to creating X, the everything app.” Shortly before buying Twitter, Musk wrote: “ Buying Twitter is an accelerant to creating X, the everything app .” Buying Twitter is an accelerant to creating X, the everything app The everything app, indeed. And, Elon Musk is doing everything to elect the next President of the United States. So, it seems that Upwork will have to wait because it’s definitely not on Elon Musk’s plate.

Elon, Buy Upwork, Make Remote Work Great Again!

My Top Ten Upwork Conspiracy Theories: True or False

Les meves deu millors teories de la conspiració: vertader o fals

Mis diez principales teorías de conspiración sobre Upwork: ¿verdaderas o falsas?

Kymmenen parasta salaliittoteoriaani: totta vai tarua

עשרת תיאוריות הקונספירציה המובילות שלי: נכון או לא נכון

私のトップ10のUpwork陰謀説：真実か嘘か

Менин мыкты он Upwork Conspiracy Theories: Чын же жалган

Миний шилдэг арван хуйвалдааны онол: үнэн эсвэл худал

Chunka Aswan allin Upwork Conspiración Teoríasniy: Chiqap utaq llulla

Cele mai bune zece teorii ale conspirației mele: adevărat sau fals

My Top Ten Upwork Conspiracy Theories: ሓቂ ድዩ ሓሶት።

En İyi On Upwork Komplo Teorim: Doğru mu Yanlış mı

Iithiyori zam eziPhezulu zokuSebenza kweNyelelo: Yinyani okanye bubuxoki

The Noonification: Why Is Upwork Suspending Six-Figure Clients? (4/8/2024)

After more than ten years on Elance / oDesk / Upwork, I dare to say that I’ve seen and experienced it first-hand: all the good, the bad, and the ugly. I wrote about my fellow freelancers who have suffered blow by blow; the most notorious ones, the introduction of and . I could live with the fact that my words had fallen on deaf remote-work-community ears. I also didn’t use the opportunity to cherish my see-I-told-you-so moments when , got caught red-handed for to make freelancers spend their connects, and was exposed for the legal catch-22 called “ .” connects required for submitting proposals Draconian sections of Upwork’s Terms Upwork almost bled to death on the stock market posting fake jobs Conversion Fee I’ve always been objective and ready to be challenged and proved wrong for every single claim I made and every single word I wrote, but helplessly emotional when more than . Why? Because nobody cared. Because we’re fully aware of the bitter remote work reality that… 100K freelance accounts on Upwork got purged in just one week Little did I know that the suspension train goes both ways. Look, the clients get suspended, as well. But, there’s a huge difference. Upwork What I’d witnessed was in every freelancer’s best interest. I’m talking about fraudsters and “predators” which are a common problem not only on Upwork but on every freelance platform. What’s right is right in this case, and Upwork is fighting the right fight to make sure its platform is as safe and secure as possible by suspending these kinds of clients. However, what a fellow freelancer brought to my attention was something completely different and unheard of. Upwork “Whales” Are Supposed To Be A Protected Species, Are They Not? The so-called Upwork “whales” are every freelancer’s dream. I’m talking about six-figure spenders on Upwork. There are even seven-and-eight-figure whales, but they’re reserved for crème de la crème of the Upwork freelance elite. So, back to my freelance friend who has been swimming with the six-figure whales on Upwork successfully for quite some time. One day, he shared a screenshot with me that got him upset. He couldn’t submit a proposal and, thus, wasn’t able to work, because this client got suspended. At first, I didn’t understand what was all the fuss about. My friend told me that was unthinkable for more than one reason. First, nobody kills the goose that lays the golden eggs in their right business mind. Second, after spending so much money on Upwork and hundreds of projects under your client’s belt you know all the ins and outs of Upwork Terms, especially the no-no things that can get you in suspension trouble (temporary or permanent). Finally, not just Upwork, but every platform would think twice about suspending a long-term client with deep pockets. You can suspend a hundred freelancers without blinking an eye because there are thousands of newbies eager to take their place. But, killing a whale on Upwork can have serious business consequences. I did my best to sympathize with my brother in freelance arms, but my one swallow doesn't make a summer comforting line was hard to swallow for him. So, a few days later, he hit me with another screenshot: Then, that very week came the third in a row: I was about to unchain the situation DiCaprio-style, “you had my curiosity, now you have my attention,” but I think that Ian Fleming’s Goldfinger is a better choice: Mr Bond, they have a saying in Chicago: 'Once is happenstance. Twice is coincidence. The third time it's enemy action'. The “enemy’s action” had more “casualties” to report the next week of our “investigation.” We even tried to find a pattern. My friend had a theory related to the latest price increase of Upwork Plus membership for freelancers. He thought that was the last straw that pushed some Upwork freelancers and clients to continue work outside the platform. They violated Upwork Terms, got caught, and suspensions followed. Yet, this didn’t make sense to me. Why would a freelance membership fee increase be a client’s problem and reason-for-treason? After two more pieces of evidence, I finally accepted that this wasn’t a coincidence. Eight “whales” times six-figure amounts they have spent, well, that’s a lot of money to “write off” just like that, even for Upwork. OK. I mean, it’s not OK. What’s going on, and why? New Clients on the Upwork Block Even if you aren’t as successful and diligent as my friend who cares deeply about “whales,” but you happen to be an enthusiastic freelancer on Upwork then you probably haven’t missed their CEO’s LinkedIn post about the impressive financial report for the previous year: This post goes on and on, but there’s one part that caught my eye: What’s 8 suspended against 31 new clients? Nothing. Right? I guess that “enterprise clients” stand for potential “whales.” Yet, it’s going to take some time to hit six or seven-figure spending targets for these new Upwork clients. Just like all freelancers are equal, but some freelancers are more equal than others ( ), all Upwork clients are equal, but some clients are more equal than others (“Client Spend” category filter ). JSS - Job Success Score for those who have an Upwork profile I forgot to mention one tiny detail. My friend and I were able to find eight six-figure suspended clients on Upwork in three weeks. So, the legit question remains: how many more clients have been suspended in the meantime (by the time you’re reading this story)? Honestly, Upwork's financial reports and suspended clients, no matter how much they spend, don’t affect my average resting heart rate, but the number of freelancers who are used to and supposed to work for these gone-with-the-wind clients certainly do. Based on my first-hand experience each of these whales has dozens of open active jobs at any given moment for a good price on average. So, eight suspended whales means hundreds of Upwork freelancers with no work. Where Have All The Good Upwork Clients Gone? All those clients haven’t left the remote work world just because Upwork suspended them. Some of them may even return because we can’t know for sure if these were temporary or permanent suspensions. Yet, some are gone for good. Where they’re going to hire and work next? That’s the million-dollar question, literally. I can’t believe that in October it’s going to be five years since I asked the question that’s still waiting to age well: Is Freelance Anarchy The Future of Freelancing? Let that story sink in, read it because it’s not what you think. Contrary to the unpopular belief and prejudice of Upwork Community moderators, I don’t want or cheer for Upwork to collapse on the stock market. I just want , to the good old days with no connects and (questionable) suspensions. Upwork to get back to its basics If there’s someone who can make freelancing great again it’s not this guy… …but Upwork itself. The day when I won’t have the “material” to write about Upwork, it’s going to be a good day for both clients and freelancers. Until that day, you still have to pay to play on Upwork, this way or another. FREE-lancing; that’s how the whole remote work thing started. Remember?

Why Is Upwork Suspending Six-Figure Clients?

কেন আপওয়ার্ক ছয়-চিত্রের ক্লায়েন্টকে সাসপেন্ড করছে?

Warum sperrt Upwork Kunden mit sechsstelligen Umsätzen?

¿Por qué Upwork suspende a los clientes de seis cifras?

Pourquoi Upwork suspend-il les clients à six chiffres ?

अपवर्क छह-आंकड़ा ग्राहकों को निलंबित क्यों कर रहा है?

Upwork が 6 桁のクライアントを停止しているのはなぜですか?

Upwork가 6자릿수 클라이언트를 일시 중지하는 이유는 무엇입니까?

Por que o Upwork está suspendendo clientes de seis dígitos?

Почему Upwork приостанавливает работу шестизначных клиентов?

Upwork Neden Altı Rakamlı Müşterileri Askıya Alıyor?

Tại sao Upwork đình chỉ các khách hàng sáu con số?

Upwork 为何暂停六位数客户？

Let's learn about via these 41 free stories. They are ordered by most time reading created on HackerNoon. Visit the to find the most read stories about any technology. Upwork /Learn Repo 1. 7 Most Shocking Facts About Upwork Most Freelancers Don't Know The Most Shocking Things About Upwork That Turned Out to Be True 2. Upwork in Real Danger of Losing MILLIONS over ONE DOLLAR "Conversion Fee" The most significant change in Upwork history that no one knows anything about! 3. Leaving Upwork Neverland I left Upwork after seven years...for good. 4. How Upwork Turned Freelancers Against Each Other Photo by cloudvisual.co.uk on Unsplash 5. The Death of Freelancing: Upwork Project Catalog If you can't beat them, don't join them - copy them! 6. Is Upwork Going to Pull a Myspace? All great empires fall from within, including the digital ones. 7. What Are Pros and Cons of the Top Five Freelance Websites for Clients and Freelancers? It's always fair to compare! 8. Top 5 Freelance Marketplace to Start Your Online Сareer Are you trying to earn a living online? 9. Upwork Costs: From Nada To Prada The best things in freelance life are supposed to be FREE! Right? 10. Why Did Upwork, Fiverr, and Freelancer Stocks Drop by 60% in 6 Months? The “pillars” of our freelance industry have collapsed spectacularly! 11. Why The Majority of Freelancers Fail at Upwork Project Proposals The excellent proposal is what makes a difference between successful and struggling freelancers. 12. Buying Upwork Reviews: Is Your Freelancer Really a 5-Star Freelancer? Freelancing is all about - the trust. And, trust is all about - the reviews. 13. The Noonification: How to Add a HUD to Your Flame Game (3/20/2023) 3/20/2023: Top 5 stories on the Hackernoon homepage! 14. The Noonification: The Last of Us HBO Series; The Nth of Many (9/29/2022) 9/29/2022: Top 5 stories on the Hackernoon homepage! 15. The Noonification: The Planet of Dread (9/28/2022) 9/28/2022: Top 5 stories on the Hackernoon homepage! 16. Upwork Freelancers Under BlackRock: The Masters of the Freelance Universe The future of work is remote. But, now that you know who holds the keys to your freelance future, how do you feel about it? 17. 5 Reasons Why Upwork Sucks for Writers I will give you a handful of reasons why I think Upwork isn’t a writer-friendly place. 18. Two Years an Upwork Slave: How to Own Freelancers and Sue Those You Can’t Own So, my story goes, one day I decided that enough is enough and it’s about time for me to part ways with Upwork. Once my beloved platform has rubbed me the wrong way more than once. I was free to opt in. So, I’m free to opt out. Right? You are free to join and you are free to say goodbye. This is what freelancing is supposed to be all about — freedom. Right again? Well, it turns out that there’s a catch — an Upwork legal catch. 19. How To Find A Great Developer on Upwork My name is Eduard and I’m the CTO at Polecat. Sometimes I help my friends to find developers on Upwork. Below, I describe how I recently searched for a React developer on Upwork. 20. What Should You Do If Upwork Sends You a “Dear John” Letter? "We are contacting you to let you know we have suspended your access to Upwork indefinitely." 21. A Farewell To FREE Upwork Connects — Cherish Your Freelance Moments Today is the day when you have to PAY-TO-PLAY on Upwork! 22. Is Upwork Posting Fake Jobs To Keep Freelancers Bidding? [A Deep Dive] You read about Upwork's "fake review farms" here on Hacker Noon. How do you feel about "fake job farms?" Are you shocked, disappointed, or furious? I guess, it depends on whether you are an Upwork's freelancer or investor. 23. Behind Business Insider Story About Upwork Success Credit Business Insider 24. The Aftermath of My Article About Upwork Fake Jobs It has been almost a month since I asked a question on Hacker Noon: Is Upwork Posting Fake Jobs To Keep Freelancers Bidding? 25. The "Golden Million" Upwork Freelancers: Between Conspiracy Theory and Business Reality You have probably heard and read about the “Golden Billion” conspiracy theory. 26. Show Me The Money, My Freelance Honey! Hey freelancers, I have a million dollar question for you: 27. Is Upwork The Sick Man Upon the Silicon Bosphorus? [Looking At Numbers] Financial reports are lengthy, confusing, and boring. I promise that I will keep it simple, brief, and straight to the point. I will let Upwork’s numbers do all the talking. 28. Is Freelance Anarchy The Future of Freelancing? If history has taught us something that has to be this - all great empires have fallen from within. 29. Is Upwork The Next Wework? What do Upwork and Wework have in common? 30. Is There A Black Market For Freelance Accounts? Do you want to sell or buy a freelance account? 31. How My Hacker Noon Stories Impacted Upwork Stock Prices If you think that a small story can't make a big splash, then, good luck with that! 32. Why UpWork Is Still Worth Despite The High Fees Hello freelancers, 33. The Controversy of Naming Upwork TIME's 100 Most Influential Companies of 2022 Instead of high-fiving Upwork, I will give you five reasons why this naming is controversial. 34. How To Protect Your Big Idea When Hiring a Freelancer Hiring freelancers or independent contractors is a great way to get specific tasks done without having to hire more full-time employees. This can save you time and money; you won’t have to go through a lengthy interview and hiring process or provide benefits like health insurance. 35. Upwork Second Quarter 2019 Financial Report: Titanic Orchestra At Their Finest What's the best way to analyze a public company's financial report for the second quarter? Well, I think you should keep it simple. 36. My 2019 Predictions That Came True I played a prediction game in 2019, and I dare to say, I played it pretty well. 37. 5 Upwork Alternative Websites for Freelancers This article introduces 5 Upwork alternative websites for freelancers looking for work in niche fields or people looking for entry-level micro work. With struggling economies in many countries, more and more people are turning to online freelancing as an additional source of income. Upwork is one of the most popular websites for freelancers. However, if you aren’t really getting many leads from that site, there are tons of upwork alternative sites you can try. 38. Upwork vs. Nebojsa Todorovic As this year's nominee for the Most Controversial Writer of the Year Hacker Noon Award, I couldn't possibly wish for better circumstances and time to write this story. 39. World's Top 5 Freelance Platforms’ Fees - Explained, Busted, & Compared DISCLAIMER: 40. From Getting Over a 1-star Upwork Review to Becoming a 5-star Freelancer It takes more than one bad review to shake a good freelancer’s self-confidence. 41. What Happened To Upwork’s First Birthday Party? Wait! Something isn’t right here. Thank you for checking out the 41 most read stories about Upwork on HackerNoon. to find the most read stories about any technology. Visit the /Learn Repo

41 Stories To Learn About Upwork

There are thousands of articles online about freelance project proposals. You can collect them all in a series of books — how to write a winning proposal, what to include or not, including the best templates, etc. Everything you’ve always wanted to know about and use in your project proposal is waiting for you out there in the cyber freelance space. Then, how come the overwhelming majority of freelancers fail to do it right? One of the very likely reasons could be the fact that people who haven’t spent five minutes working as freelancers are giving “life-changing” tips for freelancers in their articles. Also, there are so many copy/paste articles that are just rewritten more or less successfully. So, you end up with the same old tips presented in a new way. A genuine article about freelance project proposals with first-hand real-freelance-life experiences and recommendations is hard to find. My portfolio has more than a thousand projects, which means that I’ve submitted tens of thousands of proposals during my professional freelance career. I’m not saying that I’ve seen, done, and I know it all. The best thing you could possibly do is to avoid making the same mistakes I did when I used to write and submit my project proposals. So, without further ado, let’s write something about the project proposals between myth and reality that may help freelancers to win new jobs. 1. Don’t Expect That A Project Proposal Will Do All The Work For You Your project proposal is merely an invitation. Nothing more than the first step on your journey to winning a job. Many freelancers expect that a proposal will bring them work all by itself. There’s no proposal in the world, no matter how good it may be, that’s going to knock your potential client off his feet. 2. Your proposal is supposed to create an opportunity to present yourself and your work, not to win you a project. That’s the only right approach. Don’t fool yourself that your project proposal is going to be perfect and irresistible to your clients. Your project is the first page of your freelance struggle to win a project, not the last one. So, treat it as such. 3. The Quickest Way To A Freelancer’s Regret Is A Boilerplate Every single project proposal you write and send out there should be unique and have a story for itself. It is understandable that the bidding process is the most time-consuming and annoying activity for every freelancer. Unfortunately, there’s not much you can do about it. 4. Either you write a unique and fully personalized project proposal or don’t write it all. I used to think that it was a smart thing to have a couple of pre-made proposals for a handful of the most typical project types. A copy/paste proposal, even with some modifications and adjustments, is simply doomed to fail. That’s the perfect waste of your time. It’s better to write one totally genuine and personalized freelance project proposal than a dozen more or less identical proposals. 5. Make It Personal With Your Project Proposal From The First Moment First things first, always look up the names in a project’s description. There’s no better way to begin your proposal than by directly addressing a person who has posted this project. You are allowed to do a bit of research if a client hasn’t left his name at the end of the description. You can carry out a quick search for the company or website if available. This is one of the critical ways that your client passes your cover letter as ‘not spam’. Google If this isn’t the case and you can’t find a single piece of personal information about your potential client, then present yourself the right way. You have to convince your client that you’re the real person. 6. Hit The Right Targets With Your Project Proposal The clients always leave some indication of what they expect you to do. So, address all of the points precisely and thoroughly. Make sure you include them all in your proposal. Convince your client that you are going to do all the tasks from A to Z. Very often the clients leave a “secret” keyword somewhere in the project description. They want to make sure you read the whole description more than once. That’s why they want you to use this keyword in your proposal. These clients mean business, so don’t miss this opportunity to convince them you’re the right freelancer for their project. 7. It Is Never Too Early To Start A Discussion About Your Price and A Project’s Time Frame This approach is a bit of a gamble. Some clients appreciate a direct straight to the point project proposal. You explain what you are going to do and how. Then, you include your price and a required time estimate. The good thing is that you will show initiative and save a great deal of time for both yourself and your client. If your price is out of your potential client’s budget limits then you won’t have to bother with this one. 8. Always Attach Your Best Examples Don’t just invite your potential client to check out your profile and portfolio. Instead, you should attach the most relevant examples and invite a client to examine your portfolio with additional samples. 9. Remember, The Art of Writing Project Proposals Is Something You Never Master Even the most experienced and successful freelancers should constantly improve their art of writing project proposals. There’s always something you can do better. So, don’t become a self-proclaimed freelance project proposal guru. Every single project proposal you submit should be a small work of art unique in its own way. Remember: An excellent proposal is what makes a difference between successful and struggling freelancers. Happy bidding! Also published here.

Crafting Winning Upwork Proposals for Remote Job Opportunities

Have you ever wondered how much the freelance industry (without quotation marks) is worth? More importantly and interestingly, who or what owns it? These are legit questions to ask. And yes, my fellow freelancers, you should care a lot. Let me show you why. If It Makes Money - It Ain’t Funny, But Dead Serious! Let’s start with this jaw-dropping number. Worldwide, the total freelance platform market is estimated to be . worth $3.39 billion To give you a perspective, you’d need to take to match the estimated value of the global freelance market. I’m talking about all US hospitals, drug and cosmetic wholesaling, including the all-mighty health and medical insurance industry. the top three US industries by revenue Is the omnipresent Mr. Musk the hero of this story? Except for this meme, no. We, the freelancers, are. The World Bank estimates that are self-employed. nearly 47% of all workers worldwide The total number of freelancers globally is estimated to be 1.57 billion people out of a total global workforce of 3.38 billion. So, we own it. Right? Well… Have you heard about the “three kings” of the freelance industry? No, not these guys (great movie, definitely worth checking out), more like: , , and (com). Upwork Fiverr Freelancer Having in mind that Upwork freelancers made more than $2B in 2019, let’s first talk about the biggest shareholders of this freelance platform. ownership in UPWK / Upwork Inc represents of the company. BlackRock Inc. 6.7 percent ownership So what? BlackRock isn’t even the biggest Upwork shareholder. That’s ownership with . Vanguard Group Inc 8.46 percent ownership The “dynamics” of the Upwork ownership structure are worth mentioning: A closer look at our ownership figures suggests that implying that no single shareholder has a majority. the top 15 shareholders have a combined ownership of 50% Wait? What do Upwork shareholders have to do with Upwork freelancers? It doesn’t make any sense. They (shareholders) care only about the money. So, freelancers are cool. They (freelancers) are “safe.” What could possibly go wrong or worsen for freelancers? Hmm, let’s see. Why did you think connects were no longer free ( )? Why more than 100K user accounts were purged in one single week ( )? Finally, why the tricky ? profit costs “conversion fee” was introduced Now, have a look at this: Are you surprised by the most recent changes because I’m not at all: I’ve said it many times, and I still haven’t changed my mind: As a newbie Upwork freelancer, you stand a better chance of making money by trading Upwork stocks than by using Upwork connects to find work. But, that’s just me. Let’s see what’s happening with the biggest Upwork rival - Fiverr. Fiverr (NYSE: FVRR) is owned by 46.62% institutional shareholders, 0.00% Fiverr insiders, and 53.38% retail investors. , owning 2.74M shares representing 7.33% of the company. Goldman Sachs Group Inc is the largest individual Fiverr shareholder To sum it up. Behold, : the masters of the freelance universe Vanguard Group Inc Goldman Sachs Group Inc BlackRock Inc What about Freelancer dot com? When it comes to the ownership structure, the Aussies are in “a league of their own,” for the lack of a better explanation. “Freelancer is . The company's CEO Robert Barrie is the largest shareholder with 44% of shares outstanding. In comparison, the second and third largest shareholders hold about 35% and 2.3% of the stock. Interestingly, the third-largest shareholder, Darren Nicholas Williams is also a Member of the Board of Directors, again, indicating strong insider ownership amongst the company's top shareholders.” not owned by hedge funds So what? Well… After doing some more digging, we found that the top 2 shareholders collectively control more than half of the company's shares, implying that they have considerable power to influence the company's decisions. The silver lining here is that if you don’t like something about Freelancer, you can take it directly to the members of the board of directors or the owners themselves. In other words, you can make it personal. Just Follow The Money, My Freelance Honey! The future of work is remote. But, now that you know who holds the keys to your freelance future, how do you feel about it? Let me adjust one of the simplest and well-known definitions of the market economy to suit the freelance economy: A market economy is a type of economic system where supply and demand regulate the economy, rather than government intervention. So, how about this one: A economy is a type of economic system where and regulate the economy, rather than . FREELANCE FUTURE FREELANCERS CLIENTS SHAREHOLDERS In 2019, I asked this question, here, on HackerNoon. https://hackernoon.com/is-freelance-anarchy-the-future-of-freelancing-avms32yx?embedable=true Just compare the stock prices from the 2019 article against the current Upwork, Fiverr, and Freelancer share prices. How come nobody talks/writes about the “decentralization” of the freelance industry? The last line I wrote almost four years ago still stands: It stands, but I’m still looking for freelance friends - who share the same feeling and vision about the new and better future of work.

Upwork Freelancers Under BlackRock: The Masters of the Freelance Universe

ব্ল্যাকরকের অধীনে আপওয়ার্ক ফ্রিল্যান্সার: ফ্রিল্যান্স ইউনিভার্সের মাস্টার্স

Upwork Freelancers Under BlackRock: Die Meister des Freelance-Universums

Freelancers de Upwork bajo BlackRock: los maestros del universo freelance

Upwork Freelancers Under BlackRock: Les Maîtres de l'Univers Freelance

अपवर्क फ्रीलांसर्स अंडर ब्लैकरॉक: द मास्टर्स ऑफ द फ्रीलांस यूनिवर्स

Upwork Freelancers Under BlackRock: フリーランス ユニバースの巨匠

BlackRock의 Upwork 프리랜서: 프리랜서 세계의 거장들

Upwork Freelancers sob a BlackRock: os mestres do universo freelance

BlackRock Altındaki Upwork Serbest Çalışanları: Serbest Çalışma Evreninin Ustaları

Upwork Freelancers Under BlackRock: Bậc thầy của vũ trụ tự do

贝莱德旗下的 Upwork 自由职业者：自由职业者世界的大师

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UPWORK

upwork.com

501-1K employees

Since 2018

COMPANY RANKING

UPWORK

EVERGREEN INDEX #5583

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