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How to Build and Run your
    StartUp in the Human Cloud

                                                             Crowd Camp, London
                                    Steffen Hedebrandt, Marketing Manager, Europe

© 2000-2012 Elance, Inc. Elance proprietary and confidential. Do Not Distribute.
 1.8m contractors – rated and tested
            200,000 active clients – last 6 months
            75,000 job posts last 30 days
            Contractors residing in 155 countries
            Clients residing in 180 countries
            8.2 proposals per job in average
            $613m in lifetime contractor earnings
                                      4.8 average feedback rating by Elance clients


© 2000-2012 Elance, Inc. Elance proprietary and confidential. Do Not Distribute.
© 2000-2012 Elance, Inc. Elance proprietary and confidential. Do Not Distribute.
© 2000-2012 Elance, Inc. Elance proprietary and confidential. Do Not Distribute.
My day @ VintageandRare.com

             8:00 – Coffee!
             8:15 – Meeting with researcher
             9:00 – Approval of MockUps
             11:00 – Briefing Programmer
             13:00 – Online Marketing Strategy
             15:00 – Update from Sales
             17:00 – Customer Service recap



© 2000-2012 Elance, Inc. Elance proprietary and confidential. Do Not Distribute.
Vintage & Rare – A Hybrid Organization




                                                                                   Sarah & Ulrik
                                                                                   SEO + Social         Rajkumar
       Jill                                                                                             Designer
      Sales                                                                          Bulgaria
                                                                                                        Pakistan
      Texas                     Bill
                           Sales/Product
                              Florida                                                                 Rahul      Ravindra
                                                                                                   Programmer   Researcher
                                                                                                      India        India




© 2000-2012 Elance, Inc. Elance proprietary and confidential. Do Not Distribute.
5 Solutions to Bootstrapped Startups




© 2000-2012 Elance, Inc. Elance proprietary and confidential. Do Not Distribute.
COST EFFECTIVENESS


© 2000-2012 Elance, Inc. Elance proprietary and confidential. Do Not Distribute.
49%                                                              save




                 >50%
© 2000-2012 Elance, Inc. Elance proprietary and confidential. Do Not Distribute.
We did a mockup site on Wordpress and it
           would have been about 8 times more
           expensive in Finland




                                                                                   Antti Vilpponen
                                                                                   Co-Founder & CEO


© 2000-2012 Elance, Inc. Elance proprietary and confidential. Do Not Distribute.
FLEXIBILITY


© 2000-2012 Elance, Inc. Elance proprietary and confidential. Do Not Distribute.
Staff uppand down on Demand
                                                          Staff a D own on Demand
                                                                  nd
                   45

                   40

                   35

                   30
                                                                                                                                    Web Developer
    Hours / Week




                   25                                                                                                               Mobile Developer

                                                                                                                                    Web Designer
                   20
                                                                                                                                    Translator
                   15
                                                                                                                                    Researcher

                   10                                                                                                               Graphic Designer


                    5

                    0
                        Week 1   Week 2     Week 3        Week 4         Week 5       Week 6   Week 7   Week 8   Week 9   Week 10
                                                                                   TIme




© 2000-2012 Elance, Inc. Elance proprietary and confidential. Do Not Distribute.
Hourly & Fixed Price Work Models




© 2000-2012 Elance, Inc. Elance proprietary and confidential. Do Not Distribute.
SPEED


© 2000-2012 Elance, Inc. Elance proprietary and confidential. Do Not Distribute.
Get Things Done. Faster.




© 2000-2012 Elance, Inc. Elance proprietary and confidential. Do Not Distribute.
Amazing Speed
                   08:39                 08:43                  09:02              10:01       10:08     10:17       11:19      12:13


                                                                                                          Job
                                                                                   Availa-                            First
                   Job                    1st                                                 Awarded    details                Final
                                                                                     bility                           draft
                  posted               proposal                                                 job     and files              delivery
                                                                                   request                          received
                                                                                                          sent




                           3:34:00 / $50

© 2000-2012 Elance, Inc. Elance proprietary and confidential. Do Not Distribute.
TALENT REACH


© 2000-2012 Elance, Inc. Elance proprietary and confidential. Do Not Distribute.
10 Online Hires for Your Startup…
      WEB                                    MOBILE                                 VIRTUAL     CONTENT     MARKET
   DEVELOPER                                DEVELOPER                              ASSISTANT     WRITER   RESEARCHER




  SOCIAL MEDIA                               GRAPHIC                          LEAD GENERATION   LAWYER       SEO
   MARKETER                                  DESIGNER                            SPECIALIST                 EXPERT




© 2000-2012 Elance, Inc. Elance proprietary and confidential. Do Not Distribute.
… and 32 Jobs You Can Use Them For
       TM                                      Mobile                                    SEM
                                                                                                         Logo
   registration                                Apps                        Graphic                      Creation        PR
        Data Entry                            Contracts
                                                                           design Events
                   Translations                                                    Website           Admin          Software
                                                                                   Design          assistance        Testing
    Website                                      Voice
                                                 Talent
  development                                                         Bookkeeping                 Newsletter       Telemarketing
                                                                                                   Writing
                     Display
                    advertising
                                                                                                                   SEO
                                                                 Copywriting                                      Web Analytics
  Social                                                                                       Business
  Media                           Tax Filing                                                 Incorporation
 Marketing                                                                                                      Market
                                                            Project                    Ecommerce
                                                          Management                                           Research
                    Financial
                                                                                                       Video
                    Analysis
                                                                                                     Production
© 2000-2012 Elance, Inc. Elance proprietary and confidential. Do Not Distribute.
IT & Programming skills




             See more skills on: https://www.elance.com/trends/talent-available/it-programming#TopSkills



© 2000-2012 Elance, Inc. Elance proprietary and confidential. Do Not Distribute.
SAFETY & SECURITY


© 2000-2012 Elance, Inc. Elance proprietary and confidential. Do Not Distribute.
Working In The Human Cloud Is Safe




© 2000-2012 Elance, Inc. Elance proprietary and confidential. Do Not Distribute.
DIVE INTO IT


© 2000-2012 Elance, Inc. Elance proprietary and confidential. Do Not Distribute.
Hire – Manage – Pay

                                                                                                       Fixed Price:
                                                                                                          Define
                                                                                                       Milestones
                                        Review                     Interview and        Select
        Post Job
                                      Candidates                  Rate Candidates     Candidate                        Agree to Terms
       Description
                                      (Proposals)                   (Proposals)       (Proposal)       Hourly Price:
                                                                                                         Define
                                     Job history,                                                     Hours/Duration
      Hourly Job /                 skills, earnings,                Skype, phone
    Fixed Price Job                 ratings, level,                    feature
                                       feedback




                                     Collaborate,
                                                                   Hiring Manager   Hiring Manager
        Job Active                  Communicate
                                                                   Approves Work    Pays Contractor
                                   and Share Files




© 2000-2012 Elance, Inc. Elance proprietary and confidential. Do Not Distribute.
Let the Proposals
    Roll In
 First proposals within
  hours
 Best proposal is often not
  the lowest price
 Look for contractors with a
  tailored proposal




© 2000-2012 Elance, Inc. Elance proprietary and confidential. Do Not Distribute.
Evaluate Providers
               Key Metrics
               Job History
               Reviews
               Portfolio
               Tested Skills
               Location
               Services
               Education




© 2000-2012 Elance, Inc. Elance proprietary and confidential. Do Not Distribute.
The Virtual Workroom
         Message board
         Video conferencing and
          screen sharing
         File sharing
         Track progress through
          milestones and time
          tracking (Workview)
         Project management
          tools
         Invite co-workers



© 2000-2012 Elance, Inc. Elance proprietary and confidential. Do Not Distribute.
Get Started




© 2000-2012 Elance, Inc. Elance proprietary and confidential. Do Not Distribute.
Get in Touch

       Steffen Hedebrandt
                – Marketing Manager, Europe


       Phone: +4740551036
       Mail: SHedebrandt@Elance.com
       Linkedin: dk.linkedin.com/in/steffenhedebrandt




© 2000-2012 Elance, Inc. Elance proprietary and confidential. Do Not Distribute.

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Build Your Startup in the Human Cloud

  • 1. How to Build and Run your StartUp in the Human Cloud Crowd Camp, London Steffen Hedebrandt, Marketing Manager, Europe © 2000-2012 Elance, Inc. Elance proprietary and confidential. Do Not Distribute.
  • 2.  1.8m contractors – rated and tested  200,000 active clients – last 6 months  75,000 job posts last 30 days  Contractors residing in 155 countries  Clients residing in 180 countries  8.2 proposals per job in average  $613m in lifetime contractor earnings  4.8 average feedback rating by Elance clients © 2000-2012 Elance, Inc. Elance proprietary and confidential. Do Not Distribute.
  • 3. © 2000-2012 Elance, Inc. Elance proprietary and confidential. Do Not Distribute.
  • 4. © 2000-2012 Elance, Inc. Elance proprietary and confidential. Do Not Distribute.
  • 5. My day @ VintageandRare.com  8:00 – Coffee!  8:15 – Meeting with researcher  9:00 – Approval of MockUps  11:00 – Briefing Programmer  13:00 – Online Marketing Strategy  15:00 – Update from Sales  17:00 – Customer Service recap © 2000-2012 Elance, Inc. Elance proprietary and confidential. Do Not Distribute.
  • 6. Vintage & Rare – A Hybrid Organization Sarah & Ulrik SEO + Social Rajkumar Jill Designer Sales Bulgaria Pakistan Texas Bill Sales/Product Florida Rahul Ravindra Programmer Researcher India India © 2000-2012 Elance, Inc. Elance proprietary and confidential. Do Not Distribute.
  • 7. 5 Solutions to Bootstrapped Startups © 2000-2012 Elance, Inc. Elance proprietary and confidential. Do Not Distribute.
  • 8. COST EFFECTIVENESS © 2000-2012 Elance, Inc. Elance proprietary and confidential. Do Not Distribute.
  • 9. 49% save >50% © 2000-2012 Elance, Inc. Elance proprietary and confidential. Do Not Distribute.
  • 10. We did a mockup site on Wordpress and it would have been about 8 times more expensive in Finland Antti Vilpponen Co-Founder & CEO © 2000-2012 Elance, Inc. Elance proprietary and confidential. Do Not Distribute.
  • 11. FLEXIBILITY © 2000-2012 Elance, Inc. Elance proprietary and confidential. Do Not Distribute.
  • 12. Staff uppand down on Demand Staff a D own on Demand nd 45 40 35 30 Web Developer Hours / Week 25 Mobile Developer Web Designer 20 Translator 15 Researcher 10 Graphic Designer 5 0 Week 1 Week 2 Week 3 Week 4 Week 5 Week 6 Week 7 Week 8 Week 9 Week 10 TIme © 2000-2012 Elance, Inc. Elance proprietary and confidential. Do Not Distribute.
  • 13. Hourly & Fixed Price Work Models © 2000-2012 Elance, Inc. Elance proprietary and confidential. Do Not Distribute.
  • 14. SPEED © 2000-2012 Elance, Inc. Elance proprietary and confidential. Do Not Distribute.
  • 15. Get Things Done. Faster. © 2000-2012 Elance, Inc. Elance proprietary and confidential. Do Not Distribute.
  • 16. Amazing Speed 08:39 08:43 09:02 10:01 10:08 10:17 11:19 12:13 Job Availa- First Job 1st Awarded details Final bility draft posted proposal job and files delivery request received sent 3:34:00 / $50 © 2000-2012 Elance, Inc. Elance proprietary and confidential. Do Not Distribute.
  • 17. TALENT REACH © 2000-2012 Elance, Inc. Elance proprietary and confidential. Do Not Distribute.
  • 18. 10 Online Hires for Your Startup… WEB MOBILE VIRTUAL CONTENT MARKET DEVELOPER DEVELOPER ASSISTANT WRITER RESEARCHER SOCIAL MEDIA GRAPHIC LEAD GENERATION LAWYER SEO MARKETER DESIGNER SPECIALIST EXPERT © 2000-2012 Elance, Inc. Elance proprietary and confidential. Do Not Distribute.
  • 19. … and 32 Jobs You Can Use Them For TM Mobile SEM Logo registration Apps Graphic Creation PR Data Entry Contracts design Events Translations Website Admin Software Design assistance Testing Website Voice Talent development Bookkeeping Newsletter Telemarketing Writing Display advertising SEO Copywriting Web Analytics Social Business Media Tax Filing Incorporation Marketing Market Project Ecommerce Management Research Financial Video Analysis Production © 2000-2012 Elance, Inc. Elance proprietary and confidential. Do Not Distribute.
  • 20. IT & Programming skills See more skills on: https://www.elance.com/trends/talent-available/it-programming#TopSkills © 2000-2012 Elance, Inc. Elance proprietary and confidential. Do Not Distribute.
  • 21. SAFETY & SECURITY © 2000-2012 Elance, Inc. Elance proprietary and confidential. Do Not Distribute.
  • 22. Working In The Human Cloud Is Safe © 2000-2012 Elance, Inc. Elance proprietary and confidential. Do Not Distribute.
  • 23. DIVE INTO IT © 2000-2012 Elance, Inc. Elance proprietary and confidential. Do Not Distribute.
  • 24. Hire – Manage – Pay Fixed Price: Define Milestones Review Interview and Select Post Job Candidates Rate Candidates Candidate Agree to Terms Description (Proposals) (Proposals) (Proposal) Hourly Price: Define Job history, Hours/Duration Hourly Job / skills, earnings, Skype, phone Fixed Price Job ratings, level, feature feedback Collaborate, Hiring Manager Hiring Manager Job Active Communicate Approves Work Pays Contractor and Share Files © 2000-2012 Elance, Inc. Elance proprietary and confidential. Do Not Distribute.
  • 25. Let the Proposals Roll In  First proposals within hours  Best proposal is often not the lowest price  Look for contractors with a tailored proposal © 2000-2012 Elance, Inc. Elance proprietary and confidential. Do Not Distribute.
  • 26. Evaluate Providers  Key Metrics  Job History  Reviews  Portfolio  Tested Skills  Location  Services  Education © 2000-2012 Elance, Inc. Elance proprietary and confidential. Do Not Distribute.
  • 27. The Virtual Workroom  Message board  Video conferencing and screen sharing  File sharing  Track progress through milestones and time tracking (Workview)  Project management tools  Invite co-workers © 2000-2012 Elance, Inc. Elance proprietary and confidential. Do Not Distribute.
  • 28. Get Started © 2000-2012 Elance, Inc. Elance proprietary and confidential. Do Not Distribute.
  • 29. Get in Touch  Steffen Hedebrandt – Marketing Manager, Europe  Phone: +4740551036  Mail: SHedebrandt@Elance.com  Linkedin: dk.linkedin.com/in/steffenhedebrandt © 2000-2012 Elance, Inc. Elance proprietary and confidential. Do Not Distribute.