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TALENTBRIDGE
Rachel Briskman | Phillip Jung | Michael Kelly | Rosie Levine| Emily Teitelbaum
THE SOLO-PRENEUR
22 million U.S. businesses
classified as “nonemployer
businesses” with combined
receipts of $950 Billion.
http://www.bizjournals.com/bizjournals/on-numbers/scott-thomas/2012/09/22-million-us-businesses.html?ana=twt&appSession=822100780971165
THE FREELANCERS MARKET
34%
of the US Workforce is
doing freelance work
73% enjoy working
from any location
75% appreciate the
flexibility
70% want to work on
projects they are
passionate about
14% have a
graduate degree
(compared to 12% of non-
freelancers)
Key Takeaway: The freelance market is growing rapidly. TalentBridge is filling a
unique gap by capturing top professional talent and offering businesses access to this
talent on a flexible basis.
VISION & MISSION
OUR MISSION IS TO CREATE A PLATFORM THAT SEAMLESSLY
CONNECTS SOLO-PRENEURS WITH TALENTED
PROFESSIONALS WHO REQUIRE CAREER FLEXIBILITY.
SOLO-PRENEUR WITHOUT RESOURCES
TO HIRE FULL-TIME TALENT
CERTIFIED PROFESSIONALS LOOKING FOR A
FLEXIBLE & TEMPORARY WORK ENVIRONMENT
TARGET SOLO-
PRENEUR
Ideal for start-up or small
companies looking for
accounting or legal work
on an as-needed basis
- Start-ups
- Micro-VC
- SMBs
TARGET
PROFESSIONAL
Ideal for certified
professionals looking for
high-level work with
flexibility and the high
pay they deserve
- Parents
- Relocating for a spouse
- Caring for sick family
members
TARGET MARKET
COMPETITIVE LANDSCAPE
Any Freelancer Certified Pros
Home Services
Specialized Professional Services
TALENTBRIDGE
Competitive
Advantages
Vetted high-quality, certified professionals
Payment-guarantee
Professional liability insurance
Reliable, crowd-sourced reviews of
professionals
BUSINESS MODEL
TalentBridge collects a 8% fee for each
transaction conducted through the platform,
along with a $200 annual membership fee
charged to professionals.
Solo-preneur operates on a 1099 basis and
earn points for each project completed. This
fuels retention as points can go towards
earning perks like health insurance, 401k, gym
memberships, etc.
PROFESSIONAL’S PROFILE INFORMATION
Payment
Retainer
Hourly Rate
T h e f i v e k e y f i l t e r s
Certifications
& Work
Experience
Max Travel
Distance
Hours
Available
OPERATIONS & IMPLEMENTATION STRATEGY:
SIGN UP PROCESS: SOLO-PRENEUR
1 32 4 5 6
Apply
to be a
registered
solo-preneur
Submit
job proposal and
candidate criteria
Review
and Select
applicants
Get Bridged
with professional
& pay deposit
Rate
professional &
and pay balance
Receive
Completed work
Create
a profile to be a
professional
and verify
credentials
Search
for jobs
Apply
for a fitting
project
Get Bridged
with a
solo-preneur
Rate
solo-preneur &
get paid
Submit
completed work
1 32 4 5 6
Create
a profile to be a
professional
and verify
credentials
Search
for jobs
Apply
for a fitting
project
Get Bridged
with a
solo-preneur
Rate
solo-preneur &
get paid
Submit
completed work
OPERATIONS & IMPLEMENTATION STRATEGY:
SIGN UP PROCESS: PROFESSIONAL
UI/UX optimized on all screens to ensure maximum
accessibility on web platform and mobile app
SOCIAL MEDIA
Build and utilize social media (ie.
Twitter, Facebook) to reach
independent attorneys and CPAs
“BEST PRACTICES”
Offer “Best Practices” e-sessions for
firms and freelancers to learn more
about services and how to properly use
site
TRADE PUBLICATIONS
Advertise services and potential
projects in trade publications and
websites, LinkedIn, Craigslist, Indeed,
etc.
INCENTIVIZE
Provide incentives (ie. waive
registration fee) for initial freelancers to
register with the site to ensure supply
TRADE SHOWS
Exhibit at professional groups’ trade
shows
REFERRAL PROGRAM
Referral program for employers
MARKETING & DISTRIBUTION STRATEGY
COST OF HEALTHCARE UNPREDICTABLE INCOME SAVINGS FOR RETIREMENT
HIGH TAX RATES DIFFICULTLY FINDING NEW
CLIENTS/PROJECT
NON/LATE PAYMENTS
KEY CONCERNS TO ADDRESS
Year 1 Year 2 Year 3 Year 4 Year 5
Companies 750 2,500 4,600 10,000 18,000
Professionals 3,000 10,000 18,400 40,000 72,000
Transaction Fees $120,000 $400,000 $736,000 $1,600,000 $ 2,880,000
Membership Fees $600,000 $2,000,000 $3,680,000 $8,000,000 $14,400,000
Total Revenue $720,000 $2,400,000 $4,416,000 $9,600,000 $17,280,000
COGS $216,000 $720,000 $1,324,800 $2,880,000 $ 5,184,000
Gross Profit $504,000 $1,680,000 $3,091,200 $6,720,000 $12,096,000
SG&A $702,000 $1,840,000 $2,465,600 $5,360,000 $ 9,648,000
EBIT $(198,000) $(160,000) $625,600 $1,360,000 $ 2,448,000
FINANCIAL MODEL & PROJECTIONS
$720,000
$2,400,000
$4,416,000
$9,600,000
$17,280,000
CPA
+JD
+international
expansion
FINANCIAL PROJECTIONS
Year 1 Year 2 Year 3 Year 4 Year 5
Revenue
QUESTIONS?
Rachel Briskman | Phillip Jung | Michael Kelly | Rosie Levine| Emily Teitelbaum

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Connect Top Talent Flexibly

  • 1. TALENTBRIDGE Rachel Briskman | Phillip Jung | Michael Kelly | Rosie Levine| Emily Teitelbaum
  • 2. THE SOLO-PRENEUR 22 million U.S. businesses classified as “nonemployer businesses” with combined receipts of $950 Billion. http://www.bizjournals.com/bizjournals/on-numbers/scott-thomas/2012/09/22-million-us-businesses.html?ana=twt&appSession=822100780971165
  • 3. THE FREELANCERS MARKET 34% of the US Workforce is doing freelance work 73% enjoy working from any location 75% appreciate the flexibility 70% want to work on projects they are passionate about 14% have a graduate degree (compared to 12% of non- freelancers) Key Takeaway: The freelance market is growing rapidly. TalentBridge is filling a unique gap by capturing top professional talent and offering businesses access to this talent on a flexible basis.
  • 4. VISION & MISSION OUR MISSION IS TO CREATE A PLATFORM THAT SEAMLESSLY CONNECTS SOLO-PRENEURS WITH TALENTED PROFESSIONALS WHO REQUIRE CAREER FLEXIBILITY. SOLO-PRENEUR WITHOUT RESOURCES TO HIRE FULL-TIME TALENT CERTIFIED PROFESSIONALS LOOKING FOR A FLEXIBLE & TEMPORARY WORK ENVIRONMENT
  • 5. TARGET SOLO- PRENEUR Ideal for start-up or small companies looking for accounting or legal work on an as-needed basis - Start-ups - Micro-VC - SMBs TARGET PROFESSIONAL Ideal for certified professionals looking for high-level work with flexibility and the high pay they deserve - Parents - Relocating for a spouse - Caring for sick family members TARGET MARKET
  • 6. COMPETITIVE LANDSCAPE Any Freelancer Certified Pros Home Services Specialized Professional Services TALENTBRIDGE
  • 7. Competitive Advantages Vetted high-quality, certified professionals Payment-guarantee Professional liability insurance Reliable, crowd-sourced reviews of professionals
  • 8. BUSINESS MODEL TalentBridge collects a 8% fee for each transaction conducted through the platform, along with a $200 annual membership fee charged to professionals. Solo-preneur operates on a 1099 basis and earn points for each project completed. This fuels retention as points can go towards earning perks like health insurance, 401k, gym memberships, etc.
  • 9. PROFESSIONAL’S PROFILE INFORMATION Payment Retainer Hourly Rate T h e f i v e k e y f i l t e r s Certifications & Work Experience Max Travel Distance Hours Available
  • 10. OPERATIONS & IMPLEMENTATION STRATEGY: SIGN UP PROCESS: SOLO-PRENEUR 1 32 4 5 6 Apply to be a registered solo-preneur Submit job proposal and candidate criteria Review and Select applicants Get Bridged with professional & pay deposit Rate professional & and pay balance Receive Completed work Create a profile to be a professional and verify credentials Search for jobs Apply for a fitting project Get Bridged with a solo-preneur Rate solo-preneur & get paid Submit completed work
  • 11. 1 32 4 5 6 Create a profile to be a professional and verify credentials Search for jobs Apply for a fitting project Get Bridged with a solo-preneur Rate solo-preneur & get paid Submit completed work OPERATIONS & IMPLEMENTATION STRATEGY: SIGN UP PROCESS: PROFESSIONAL
  • 12. UI/UX optimized on all screens to ensure maximum accessibility on web platform and mobile app
  • 13. SOCIAL MEDIA Build and utilize social media (ie. Twitter, Facebook) to reach independent attorneys and CPAs “BEST PRACTICES” Offer “Best Practices” e-sessions for firms and freelancers to learn more about services and how to properly use site TRADE PUBLICATIONS Advertise services and potential projects in trade publications and websites, LinkedIn, Craigslist, Indeed, etc. INCENTIVIZE Provide incentives (ie. waive registration fee) for initial freelancers to register with the site to ensure supply TRADE SHOWS Exhibit at professional groups’ trade shows REFERRAL PROGRAM Referral program for employers MARKETING & DISTRIBUTION STRATEGY
  • 14. COST OF HEALTHCARE UNPREDICTABLE INCOME SAVINGS FOR RETIREMENT HIGH TAX RATES DIFFICULTLY FINDING NEW CLIENTS/PROJECT NON/LATE PAYMENTS KEY CONCERNS TO ADDRESS
  • 15. Year 1 Year 2 Year 3 Year 4 Year 5 Companies 750 2,500 4,600 10,000 18,000 Professionals 3,000 10,000 18,400 40,000 72,000 Transaction Fees $120,000 $400,000 $736,000 $1,600,000 $ 2,880,000 Membership Fees $600,000 $2,000,000 $3,680,000 $8,000,000 $14,400,000 Total Revenue $720,000 $2,400,000 $4,416,000 $9,600,000 $17,280,000 COGS $216,000 $720,000 $1,324,800 $2,880,000 $ 5,184,000 Gross Profit $504,000 $1,680,000 $3,091,200 $6,720,000 $12,096,000 SG&A $702,000 $1,840,000 $2,465,600 $5,360,000 $ 9,648,000 EBIT $(198,000) $(160,000) $625,600 $1,360,000 $ 2,448,000 FINANCIAL MODEL & PROJECTIONS
  • 17. QUESTIONS? Rachel Briskman | Phillip Jung | Michael Kelly | Rosie Levine| Emily Teitelbaum

Hinweis der Redaktion

  1. Many choose freelancing in order to spend more time with loved ones Many believe they are getting paid more
  2. Many choose freelancing in order to spend more time with loved ones Many believe they are getting paid more
  3. In today’s gig economy, top talent demands more flexibility. As a result, the traditional forty hour work week is no longer feasible and talent is constantly underutilized. Therefore, companies with short-term needs should be able to connect with qualified professionals available for part time work.
  4. Platform specifically tailored for specialized, professional services Vetted high-quality professionals (background checks, verified professional certifications, reference checks, at least 3 years of work experience) Professionals have capacity for short-term, but also long-term projects (average ~15 hrs/week) Insurance provided to freelance professionals: often called malpractice insurance, errors and omissions insurance, or professional liability insurance Protects from bearing full cost of defending against a negligent claim made by client Professionals set their own rates (within a specified range) Instant, reliable, crowd-sourced reviews of professionals Provide stay-at home moms/dads/freelancers the opportunity to make a living wage Phil to speak
  5. TalentBridge collects a 8% fee for each transaction conducted through the platform, along with an annual membership fee charged to professionals. Employees operate on a 1099 basis and earn points for each project completed. This fuels retention as points can go towards earning perks like health insurance, 401k, gym memberships, etc.
  6. The platform will have 5 key filters: Hold retainer to make sure everyone gets paid and on time Hourly Rate (within a range – average $100/hr (?) for CPA, $125/hr (?) for attorneys) Skill set (Tax Law, GAAP Compliance) Maximum Travel Distance (GPS enabled to match availability) Weekly Hours Available: Hours Available Off Site (Remotely) Hours Available On Site (At Client Site)
  7. Cost of healthcare (76% find this very/somewhat concerning) Unpredictable income (76%) Saving for Retirements (74%) High tax rates (73%) Difficulty finding new clients/projects (68%) Non/late-payment by client (65)