MSME HACKATHON MARCH 2022 WON

APPLICATION FORMAT

LANCE INDIA
MADE IN AND FOR INDIA FREELANCING PORTAL

ABSTRACT
The Idea is about the promotion of freelancing as a career for the young talented individuals
of our country. Freelancing has become a popular trend, especially among the millennial
generation. Freelancers have a variety of reasons for choosing this lifestyle, but the most
common are flexibility and control over their own time. As freelancing becomes more
widespread, it will also change the way we work in the future. Freelancing has become a
popular trend, especially among the millennial generation. Freelancers have a variety of
reasons for choosing this lifestyle, but the most common are flexibility and control over their
own time. The freelance market is growing at an exponential rate and is projected to reach $1
trillion by 2020. Now, Freelancing market share is expected to increase further in the near
future.To create a unified website for our nation Job seekers and clients both foreign and
registered companies, startups of India.

THE BUSINESS

How to Succeed as a Freelancer in India and Other Countries worldwide. The freelance
industry is booming and it has been the case for a while now. With the advent of new
technologies, freelancing is becoming more accessible to people worldwide.

Freelancers are usually self-employed, work on a contract basis, and may work remotely or
from home. They can be found in most industries and they can be either full-time or part-time
workers. Freelancers are usually hired by companies or individuals to perform specific tasks
which they might not have the time, resources, or expertise to complete themselves.

Freelancers have many benefits as well as disadvantages as compared to employees. For

example, freelancers don’t have an employer giving them their schedule for the day like an
employee does. This gives them more flexibility in their schedules but in conclusion, I would
like to say that freelancing is a great way to earn money. It can be a full-time job or just a
part-time gig. It is not as easy as it seems and it requires a lot of hard work and dedication to
excel in this field. But if you are persistent, you will be able to make your mark in the world
of freelancing.
Currently at 58 million and counting, freelancing is poised to become the U.S. majority
workforce by 2027 Currently contributing over $1.4 trillion to the U.S. economy, the steady
increase in the number of skilled individuals taking up freelancing every year has made
freelancers the favorite to become the U.S. majority workforce within the next few years.

PROBLEMS IN THE CURRENT INDUSTRY OR IN THE EXISTING

TECHNOLOGY:

❖ Freelancing is a popular trend in the modern workforce. People are more and more drawn
to the idea of becoming a freelancer because they can work from anywhere and have
more freedom. However, there are some drawbacks to being a freelancer. One of the
biggest challenges is not having a steady income flow. Freelancers have to find new
clients, which can be time-consuming and stressful. They also don’t get benefits like
health insurance or retirement plans that come with an employer-based job.
❖ The Covid-19 pandemic slowed down freelancing careers. The pandemic was tough on
the freelancing industry too. In the US alone, about 28 percent of freelancers had to stop
their freelancing activities due to the coronavirus pandemic. That’s about 10% of the US
labor force.
❖ Target market competition is higher (monopolistic).

SOLUTION PROPOSED BY OUR SYSTEM:

● Freelanceindia.com and freelanceindia.net are two websites are the same idea of my
region but what’s innovative in my idea is as follows:-
● Building a custom talent marketplace for your business is a great way to get more work
done, faster and better. This can help your company save on precious time, money, and
human resources while also being more efficient with the outcomes. Companies around
the world are shifting focus to building an internal talent marketplace helping them
achieve better results in tasks they have an aptitude for while relying on remote freelance
platforms to execute on-demand tasks.
● The pandemic has proven quite disastrous for businesses that failed to look for talent
beyond their payroll. Hiring remote workers can help your business function even when
your full-time staff is unable to work.

The technology now used can solve the problems like,

❖ Not choosing the right professional.

❖ High charges and additional costs
❖ Prevalence of fraud sellers
❖ Commission charges
❖ Fake reviews about the sellers
❖ Too many options to choose from
❖ Poor insight on past performance
❖ Poor integration into existing teams
❖ Communication gap

Market Overview and its Growth Potential

❖ The freelancing market is expected to grow steadily in the coming years. By 2023, the
global freelance market economy is likely to reach $455 bn USD.In 2017, there were
about 57.3 mn freelancers in the United States. This number is set to nearly double by the
year 2028. Well over 90 mn freelancers would be present in the US alone.Freelancers will
also soon make up the majority of the US workforce. Around 51% of the working
population will consist of freelancers by 2027.

❖ Around 51% of the working population will consist of freelancers by 2027. Countries
with lower domestic work opportunities are seeing a surge in freelance professionals. Due
to the rise in adoption of remote teams, freelancing is providing a viable career path for
skilled professionals in regions where domestic opportunities are low. Pakistan, Ukraine,
Philippines, India, & Bangladesh rank in the Top 10 countries with the fastest-growing
earnings for freelancers.
TARGET CUSTOMERS

For Clients:

❖ Posting jobs and hiring personnel

❖ Checking out available proposals and picking the right one for you
❖ Hire talent scouts to choose the right talent
❖ Request a talent package for enterprise
For Freelancers:
❖ Detailed user profile
❖ A range of communication channels
❖ Secure payment processing
❖ Business-building opportunities

FUNCTIONAL FLOWCHART
TECHNOLOGY USED / NEEDS

❖ Macbook Air M1 2020 (8gb+512gb) for Flutter mobile app development for both
Android and IOS.
❖ Full stack development for websites.
❖ Servers and maintenance.
❖ MongoDB, Express, ReactJs/AngularJs, NodeJs.

DESCRIPTION
Working as a full-time freelancer in India has evolved from an unexplored career option to an
important factor in boosting the country’s economy. Although freelancing is a widely
accepted concept in Western countries, the trend is relatively new in India but is slowly
gaining popularity. For many reasons, freelancing is quickly becoming popular among young
people both in India and around the world.
While freelancing provides a viable career option for women seeking flexibility and control,
the number of Indian women starting freelancing is still low compared to their male
counterparts. The increase in freelance jobs in India has also led to an increase in the number
of women in the workforce. Freelancing has also led to an increase in the female workforce.
Countries such as India, the Philippines, Pakistan, and Ukraine, where there are few domestic
job opportunities, are seeing an increase in the number of freelancers.

Because of this advantage alone, many people change their careers from full-time jobs to
freelance jobs. Times are changing and many women are now choosing to leave their regular
jobs to go freelancing because it’s profitable. Many educated people, especially young
people, are now looking to build a full-time career for many educated people as freelancers.
There are many types of freelance work, and more companies are hiring freelancers than ever
before.

With so many job boards for freelancers, new opportunities are just a few clicks away. From
small businesses to large corporations, many different types of businesses use Upwork to find
bloggers, freelance designers, and freelance writers.

No matter what type of freelancer you are, Upwork can be one of the best freelance sites for
finding a job. As one of the best freelance platforms in the world, Upwork has proven clients
and long-term incentives. Upwork does a great job of screening clients and freelancers, so
you can be sure you’re getting quality work. Those working in web development, graphic
design, customer support, or even freelancing will find that Upwork has a lot to offer.

Digital marketing is perhaps one of the fastest growing freelance marketing jobs in India.
One of the most obvious reasons for the growth of the Indian freelancing community may be
the growing number of startups in India. While driving the start-up economy in the country,
Indian freelancers are also providing more and more skills to leading companies as the
business environment and needs evolve. The increase in the number of skilled freelancers
providing quality services has greatly contributed to India’s GDP growth.

India is fast becoming a hub for freelancers as this gig economy is also growing here. India
has one of the youngest able-bodied people in the world and has the potential to become the
world’s largest gig economy. The target global market for India’s gig economy is $1.5
trillion. The global gig economy is experiencing a huge demand for skilled freelancers due to
rapid technological change, with the IT industry creating several new jobs.

As a result, the vast majority of employees are willing to become freelancers to work on
projects of their choice from anywhere in the world. Ultimately, freelancing offers a lot of
flexibility, independence, and earning potential. In addition, freelancing is a great way to earn
money and build a successful career. If you are well motivated to achieve your goals, then
freelancing is a good career choice.

Freelancing is a fantastic career choice, especially if you have a passion for the skills you
want to get paid for. Freelance jobs are a great opportunity to work in India as most of the
companies here offer excellent financial offers to potential candidates. Freelancing career
options in India have sparked the interest of women due to the benefits that freelancing
provides. Freelancing in India has already become popular enough to cover a large segment
of independent professionals looking for work and eager to explore new ideas and explore
new genres of work.

Freelancing in India is experiencing significant growth, giving a new voice to modern and
hard-working young people from all walks of life in Indian society. There are about 15
million freelancers in India [3], and they provide a significant impetus to the growth of
startups. The number of freelancers in India reaches 15 million people who work
independently in a wide variety of industries such as information technology and
programming, finance, sales and marketing, design, animation, videography, content and
academic writing and so on. Four freelancers in the world come from India.

There are currently 15 million freelancers working in design, animation, content and
academic writing, photography, videography, and more. Companies are increasingly using
content writers and bloggers who work freelance or part-time. In this era of rapidly evolving
technology, versatility is always in demand in the IT industry. Professional social network
LinkedIn claims that a freelance web developer in India earns around Rs 37,500 per month. 3.
Every startup or large company needs professional content writers who can curate content to
reach a large audience. According to a report by PayScale, freelance content writers in India
earn an average hourly wage of Rs 487.22 and can earn Rs 16,343 per month.

It takes some effort to establish yourself as a freelancer in India, plus many freelancers are
known to earn more than their paid jobs by doing their jobs right. As India becomes the
largest pool of skilled freelancers, the reality is that freelancers need to be at the top to keep
clients coming back. Awareness raising programs and campaigns are essential for freelancers
working full time in India to know that it is not difficult to raise them if they learn how to
invest in infrastructure and marketing.

To start freelancing from home, you need to know how to start your own journey and build
an effective online freelancing career. Jobs in software and web development are an
independent professional profile for a freelancer and as India has a huge reach in the IT
sector, potential candidates who want to start their freelance career as a software and website
developer have great opportunities.

Key Differentiator

The key differentiator or the uniqueness of this product are

❖ Better user experience given to the freelancers by the use of our mobile application.
❖ Website to be created with awesome UI designs to make the visitors feel to register
themselves to become freelancers and to showcase their talents.
 ❖ There will be less or no commission from the payments made by clients to the
freelancers. We make the revenue by selling skill upgrade courses for people who
register for a premium plan.

❖ Make in India, Made in India and Made for India are the uniqueness of the
innovation. To create the demand for freelance job roles be able to known by every
Unemployed people with their unique skills

FURTHER RESEARCH
❖ All details are collected and research has been done for the current stage of the Idea and
Its an iterative process to research to be taken place once in a while to get everything
(development process of the portal) proceed in the right path towards success.

COST ESTIMATION
Sr. Equipment / Accessories Imported / Indigenous Estimated Cost
No.
1. Macbook Air M1 2020 Indigenous ₹ 1.50 lakhs
(8gb+512gb) for Flutter mobile
app development both Android
and IOS
2. Freelancers for Full stack Indigenous ₹ 3.50 lakhs
development
3. Servers and DBA Indigenous ₹ 3.50 lakhs

4. Maintenance and future updates Indigenous ₹ 3.00 lakhs

5. Software testing and Community Indigenous ₹ 3.50 lakhs
building
TOTAL COST ₹ 15.00 lakhs