How Freelancing Works

A good friend of mine asked for a quick run-down of how freelancing sites like vWorker.com work. Freelancing is a great way to earn extra money on the side. When work dries up, I go to vWorker.com and bid on projects and make some quick money. It's not going to make you rich but it'll keep you alive or give you some extra spending money :) And if you enjoy your work, like I do, then it's fun. So here it is, short & sweet:
  • A person with a project posts it and requests bids
  • Then you as a worker bid on the work saying u can do it for $xx.xx and how long it will take, etc
  • Then they pick out of the pool of bidders
  • If you win a bid request, 15% of your bid goes to vworker.com for facilitating the process
  • The rest goes to you
  • Money is paid into vworker (escrow / safe-keeping)
  • And u get it once you're done
  • Then person rates you
  • Once you get some good ratings, you can charge more and win more and also start getting invited to bid on more projects
  • Unfortunately, i don't know a way around being cheap at first
  • And u can bid on 100 and get none, or get all 100
  • In many cases, it's purely about price
  • So bidding lowish but bidding on many projects seems the best strategy, at least to start out with
  • Be warned, it can take a lot of time to bid on them all and then you wait
To get started with freelancers jobs, click here.

Let me know what Qs you have in the comments :)