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Vasco Monteiro reports earning more than $400,000 from freelance marketplaces like Upwork and Fiverr, but he warns against looking for work on such popular sites now…
the single biggest thing that made me attain such a milestone was that… I was in early.
I joined in 2018 as a beta user of this new marketplace that had just come out.
Getting in early was such a HUGE advantage.
He lists a few reasons why, but it mainly boils down to less competition on newer marketplaces, making it easier to land your first clients and get that flywheel spinning 📈
Vasco goes on to promote the marketplace he just launched for freelance marketers: Vettted.com.
The problem with Vasco’s approach however is that most freelance marketplaces don’t amount to much; you’re ultimately hoping that the one you bet on beats the odds and becomes the next Upwork, Fiverr, or niche equivalent.
That said, you could hedge your bets by creating a profile on every new freelance marketplace that seems promising. Get notified of new marketplaces via a no-code system like Andrew Davison’s, and build out a template over time so you can set up a new profile in minutes 😎
(Btw, I still consider marketplaces the 3rd-best way to find freelance clients.)