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Your Business Failed, What’s Next?

Success

For example, Elance-oDesk VP Matt Cooper learned from his first failed venture that he had a tendency to move too quickly with business ideas. Without understanding exactly why you failed, you can’t use that failure to inform future decisions.

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Online Talent Marketplaces Continue Rapid Expansion

Small Business Labs

There are several interesting new data points on the increasing use of online talent marketplaces like Elance-oDesk, Freelancer.com, etc. work reports from Elance-oDesk, which recently merged. The chart below, from the Elance-oDesk reports, highlights the relative strong growth on online job listings.

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Businesses Hiring More Freelancers

Small Business Labs

No doubt not by coincidence, the company that sponsored this research - Elance  - recently announced a tool to help mid-sized companies do just that.  Elance's announcement came shortly after MBO Partners (an Emergent Research client) and Work Market announced a similar offering called The Managed Contractor Cloud.

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The Emergence of Freelancer Management Systems

Small Business Labs

  Freelancer management systems are different from online staffing platforms such as Elance, Odesk and Freelancer.com in that they go beyond just facilitating one-to-one engagements between indidviaul buyers and sellers of freelance talent.    Instead, an FMS facilitates firm wide engagement and deployment model.

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Moonlighting: Booming or Declining?

Small Business Labs

A recent study by the Freelancers Union and Elance paints a very different picture.   The Freelancers Union/Elance report says multiple job holders fall into two broad segments: Moonlighters (14.3 Bureau of Labor Statistics (BLS). They say there at least 23.6 million Americans who work 2 or more jobs. job market and economy. .

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Measuring the Impact of the Invisible Economy of Independent Work

Small Business Labs

There's a growing view that the way economic statistics are collected and analyzed fails to reflect the economic and jobs impact of independent work - especially independent work created by new economy companies like Airbnb, Etsy and Elance.  They also claim they generate 4,580 jobs in NY city.

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Startups and the Growth of Online Staffing

Small Business Labs

Online staffing firms and marketplaces like Elance, oDesk and Freelancer.com continue to report substantial growth in jobs posted, jobs placed and money paid to service providers.   Elance recently reported that over $750 million has been spent on its platform and they are over 3 million registered freelancers.

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