How to Create a Freelancer SaaS Platform like Upwork in this Monster Market of $42.9 Trillion

The Greatest Business Opportunity of All Time

To make this giant number clear. 1 trillion equals 1,000 billion and a trillion has twelve zeros before the comma. So, the worldwide freelancer market has a value of $42,900,000,000,000 and there are 1.1 billion freelancers worldwide. This is why I prepared a unique Startup-Kit for your own Freelancer Platform, that you get nowhere else.

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Financial Model “Freelance Hub”

“Freelance Hub”
Financial Excel Model
by finmods
for 99$

A solid financial Excel model to build your business plan. The financial excel model “Freelancer Hub” is made by me, Peter. You can buy it right here – see the link below.

My financial Excel model is specifically modeled after Upwork. With this, you can copy Upwork’s fee model very easily and adapt it to your own ideas.

This combination of financial model and software template is unique and extremely powerful! Finmods´ financial excel model and Zeroqode´s software template are perfectly matched to each other.

Click for instant download!

Get it now!

Software Template “Uplance”

“Uplance – Freelancing like Upwork”
Software Template
by zeroqode
for 299$

A no-code software template to create your app. With this template, you can create a freelancer platform in no time at all and adapt it to your own ideas yourself. The template is based on bubble´s no-code system, so you don’t need any programming skills to make changes. The no-code system saves you a lot of time and money when creating your software and enables even non-professionals to play this game.

Discount Code

Save 5% by using my exclusive Finmods discount code 0VXN62. Affiliate Disclaimer: I get a commission at no cost to you. Click on the button to get it!

  • 35% of the global workforce are freelancers
  • There are 1.1 billion freelancers worldwide
  • Freelancers worldwide contribute $42.9 trillion to the world economy
  • 62% complete projects faster
  • 55% say, that freelancing reduces costs
  • 49% see more transparancy in the process
  • 49% want to access skills of industry experts
  • 90% of freelancers believe, that the industry has a brighter future ahead
  • 33% of Fortune 500 companies hire freelancers to outsource their work
  • 70% of small busineses hired a freelancer in the past
  • Hiring an employee takes 20+ days, hiring a freelancer takes 1 – 3 days
  • Companies save 30-50% on hiring costs compared to the 80% markup by traditionall staffing agencies
  • 81% of SMBs plan to hire a freelancer in the future
  • The average freelancer fee is $21/h
  • The average freelancer earns $39,000 pretax per year
  • Freelancers are used to collaborate online
  • 64% of top industry pros prefer to work independently
  • 35% of the US workforce freelanced in 2019
  • 81% want to be their own boss
  • 80% want flexibilty in their schedlue
  • 65% of freelancers feel more secure, because they have a diversified portfolio of income
  • 56% of hiring managers say, that remote work performed better than expected

The Top 3

Freelancer

31 million users, $618.5 million gross payment volume in 2020

Upwork

17 million users, $400m est. revenue in 2021, 15% YoY growth rate.

Fiverr

7 million users, wins one contract every 4 seconds.

  • writing
  • creative / design
  • web, mobile and software development
  • marketing
  • IT/networking and database admin
  • engineering

Source: financesonline.com

Is there still room for a further freelancer platform, that you could build in your favorite niche?

The top 3 platforms together represent an estimated revenue of $ 1.2 billion. That´s a lot of money, but in comparison to the total market size of $42.9 trillion, they are still small. They only “dominate” over 0.0003% of the total market. In this perspective, that’s nothing! And this means, that there is a free and unconquered market share of 99.9997%. So, the freelancer platform market is still in its beginning and there is lots of room for any kind of platform that you could even dream of. In fact, this is one of the greatest business opportunities in history! And you can get your share of the pie if you act now. So, keep on reading.

How can you start your own freelancer platform?

We can help you with two of the biggest obstacles. Financial planning, and software development. If you master these two tasks, you can raise capital, find partners and you can build your freelancer SaaS platform. Check out my unique Startup-kit that gives you a headstart!

Tool #1: The Financial Model “Freelance Hub”

“Freelancer” is a financial model, built by Finmods on Microsoft Excel

Freelancer platform

My financial Excel model “Freelance Hub” is perfect for founders who want to start a SaaS business like the freelancer platform Upwork.

Ready-to-use

It´s ready-to-use and it provides all the important assumptions you need to build a professional financial plan.

Lean and clear

The structure is lean and clear and with just a few entries, you get a fully-fledged financial plan.

Raise Capital

All you need to show the profitability of your idea and raise capital.

All the numbers

The model creates a 5-year income statement, a 5-year cash flow statement, a 5-year balance statement, key performance indicators, and charts.

Easy-to-use

And using this model is super easy! The input cells are yellow and the formulas are protected to avoid mistakes. Many input cells provide helpful explanations.

Easy Planning Through the One-Screen Assumptions Page

Enter your assumptions on the left and observe the impact on the right. Modeling can be that easy. [Click to enlarge]

Instant Feedback

The One-Screen assumptions page avoids confusion and helps you to keep track of things. Enter your assumptions into the yellow cells and watch the instant feedback about your financials.

Intuitive Modeling

When you enter a value, you can see the effect immediately. This makes it much easier for you to make decisions, save time and avoid mistakes.

Video Tutorial

Our video tutorial shows you step-by-step how to build your financial model for your freelancer SaaS platform.

Revenue

Client fee in % of user fees, 3 different user fees in % of lifetime revenue; this emulates the new fee model of Upwork, introduced in 2019.

Marketing

Plan sales with your website, online ads, E-Mail marketing, and influencer marketing.

Expenses

Server hosting, customer service, personnel, payroll tax, app maintenance, rent, admin, payment fees, and more.

Finance

Investments, equity, loan, tax rate, depreciation and more.

Expert-built

Built by an expert with Microsoft Excel. No macros were used, so no problems from this side. You can edit all formulas and adapt the model to your needs.

Save time & money

Don´t waste time reinventing the wheel. This template saves you time and money.

Screenshots

Get the free Demo PDF

Download Freelance Hub Now!

Tool #2: The Software Template “Uplance – Freelancing like Upwork”

Create a complete freelancer platform like Upwork with the no-code software template “Uplance”

Uplance is a software template, based on the no-code system bubble.io. This no-code system makes developing software similar to creating a document in Microsoft Word or Excel. You can create a whole app by drag-and-drop. This template does most of the heavy lifting. So, you can focus on your concept and all the important details. You can do this by yourself, or you can hire an agency like zeroqode to do this for you. Hiring a no-code developer will also save you a ton of money compared to complex coding.

Click to watch the Demo Video

Save 5% by using my exclusive Finmods discount code 0VXN62, which you can enter at the checkout.

User dashboard

All the controls for users, like profile, report, jobs, inbox etc.

Landing page

A functional website to convert visitors to users.

Payment system

A system to accept payments from users and clients.

Messaging system

Enables uses to contact each other.

Admin dashboard

All necessary controls for admins, like balance, users, database etc.

Responsive design

Adapts to desktops and mobile browsers.

Save 5% by using my exclusive Finmods discount code 0VXN62

Uplance Log In page
Uplance job search
Uplance Admin balance

Save 5% by using my exclusive Finmods discount code 0VXN62

Peter is a solopreneur in Salzburg, Austria, a husband, and a family father. He runs a little publishing company, and blogs about starting and running online businesses. In his spare time, he enjoys hiking with friends and reading the Bible, and sometimes he takes a trip in his roaring old black 2001 Jaguar XJ8.

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