Making an online business questions. Help!

8 replies
Hi. I'm not really sure where to post this but yeah, tried it here.

I've been working as a freelancer in Odesk for years and most of the jobs that I had is data entry, web research and some graphic design. I was thinking I can earn more if I build my own company that specializes in either of those jobs. Here are my ideas:

1. PDF to word, PDF to Excel, PDF to Powerpoint, Powerpoint to Word. Hard copies/Scanned copies to soft copies/electronic copies.

2. Converting whiteboard images or hand notes and sketches (those taken during meetings, or your personal notes, sketches of graphic artist, wireframes etc.) This can be helpful to busy graphic artists or creative directors who wants assistance in their works. I'm quite good with 'imitating' any given design or sketch or anything.
(PS: I actually have been working with a creative director for years...)

3. Website pages or database to Excel format.

Forgive me if some of it sounds hideous. Lol. But I really want to try it out. Do you think this will work? I have searched online for other companies that offer the same services and here are the results:

1. PDF - there are websites that does this online for free but not accurately, through OCR and most of the results are really bad.

2. Converting whiteboard images - I don't see any doing this, and I think this would be a great help for busy professionals.

3. Website pages or database to Excel format - There are softwares that you can download to do this but of course, its a bit time consuming and who will download softwares from unknown sites?

Let me know what you think.
And thank you.
#business #making #online #questions
  • Profile picture of the author williambrown
    You could also try SEO jobs there
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    • Profile picture of the author elleshick
      Originally Posted by williambrown View Post

      You could also try SEO jobs there
      I thought of that first! But I don't think I'm that good in SEO. Still learning.
      I thought of making a white hat seo company or something like that..
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  • Profile picture of the author MartinPlatt
    What you'[re listing there sounds like what you'd do as a VA.

    I'd expect that people would prefer to have a VA rather than have to take care of those things individually.

    You data entry skills could be something you could sell if you wanted to though, I think?

    You graphics skills would also be something you could sell too.

    Web research may be something you could do, as part of an SEO gig, or content writing service.

    Good on you for trying to come up with ideas...
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    • Profile picture of the author elleshick
      Originally Posted by MartinPlatt View Post

      What you're listing there sounds like what you'd do as a VA.

      I'd expect that people would prefer to have a VA rather than have to take care of those things individually.

      You data entry skills could be something you could sell if you wanted to though, I think?

      You graphics skills would also be something you could sell too.

      Web research may be something you could do, as part of an SEO gig, or content writing service.

      Good on you for trying to come up with ideas...
      Thanks for your reply.
      The reason why I thought of making my own company is to get more clients. There are lots of small business owners in Odesk but what hurts me when applying to jobs I know I can do perfectly is that other person gets it because of their bid. They bid extremely low and I think that's quite not worth it. I bid based on the budget that they posted but it turns out that they prefer those who bid half of it. :-/

      Hmm. I just realized having my an agency in Odesk is a good start to hire individuals to be part of my team though.

      It's either I make my own company or build my own reputation in Odesk and get tons of clients that are willing to pay for quality work. Then get a website and promote myself or my company.
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  • Profile picture of the author zeroaffiliate
    i don't see much difference between you offering your services as a individual or as a company or are you building your business to cater to more offline businesses?

    The only reason i think why you should open a company is hiring more staff to do all the jobs for you. If there is a good profit in there, why not?
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    • Profile picture of the author elleshick
      Originally Posted by zeroaffiliate View Post

      i don't see much difference between you offering your services as a individual or as a company or are you building your business to cater to more offline businesses?

      The only reason i think why you should open a company is hiring more staff to do all the jobs for you. If there is a good profit in there, why not?
      To cater more offline businesses.
      Odesk is becoming a place for businesses who wants to spend 10% of their actual budget and get the job done, though not perfectly done, just done. I have clients in Odesk, where I actually didn't apply to most of it, I was referred to them.

      Oh. I just got an idea!

      Thanks for your reply!
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  • Profile picture of the author mianfarhanraza
    It looks like you have been working as an individual.

    Go ahead and create an agency on oDesk and hire other VA's and apply on their behalf to the open jobs there. Make a deal with your VA's and have percentage from them in every transaction.

    You are experienced and will definately be more good at finding jobs for the VAs would have employed (the agency contractors).

    The story doesn't ends here. You can probably hire non experienced newbies VA's locally or from asian countries with a lower hourly rate let say $1 per hour, Train them on working at oDesk, Find projects for them, Payments will come to your agency owner accounts, Give them the decided rate ($1 in this example) and keep the rest.

    I am an agency owner/staffing manager at oMiner an oDesk based agency. I pay $0.5 per hour to VA's and keep the rest of it. We work around 1100 hours per week and our average hourly rate is $1.6 per hour. Do the maths see the potential.
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    • Profile picture of the author elleshick
      Originally Posted by mianfarhanraza View Post

      It looks like you have been working as an individual.

      Go ahead and create an agency on oDesk and hire other VA's and apply on their behalf to the open jobs there. Make a deal with your VA's and have percentage from them in every transaction.

      You are experienced and will definitely be more good at finding jobs for the VAs would have employed (the agency contractors).

      The story doesn't ends here. You can probably hire non experienced newbies VA's locally or from asian countries with a lower hourly rate let say $1 per hour, Train them on working at oDesk, Find projects for them, Payments will come to your agency owner accounts, Give them the decided rate ($1 in this example) and keep the rest.

      I am an agency owner/staffing manager at oMiner an oDesk based agency. I pay $0.5 per hour to VA's and keep the rest of it. We work around 1100 hours per week and our average hourly rate is $1.6 per hour. Do the maths see the potential.
      Thanks for your reply.

      You seem to be earning a lot in Odesk by doing that. Though, if you read my previous replies, I'm not a fan of 1$ per hour. I don't think that's fair, well, for Asian countries, maybe yes, as that is much for them. I might hire newbies for that rate but I don't think I can keep them for years with that rate, as I personally will not work for a company who can't seem to appreciate my efforts.
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