“Freelancer” is a truly magical world. The moment you add it to any profession that whole world becomes immediately profitable to everyone involved. I have seen startups looking for kickass rockstar coding ninja freelancers with at least 5+ years of experience at the super attractive compensation of 20k per month and exposure (how can you forget that!!). The moment someone adds “freelancer” to their profession it seems all their bills start paying themselves on their own which is why it would make sense for them to charge not based on their experience and calibre but the standard “freelancer” rates. The best thing is that people want to build their entire startups, and the eventual business empires, with the help of these cost-effective freelancers and hard-working dedicated go-getter interns. I implore you to just open any local startup community or group page on Facebook and you will find all these awesome promoters eagerly looking for these magical freelancers to come and build their product at..lets calculate. Lets take the highest number I have ever seen offered to a freelance developer 20k. Taking 20 working days a month with 8 hours a day it comes to (20000/20x8) = Rs 125 per hour. I am pretty sure the momo vendor on the road makes a lot more than that. I do not mean to imply anything but I am just putting this statistic out there. I wonder how many successful startups are built by the efforts of these kickass rockstar coding ninja freelancer. Also growth hackers.
Note: If you are a “freelancer” providing your services at the rates mentioned above, do consider the momo stall idea. I know for a fact that the ROI is there and is easily scalable.
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I have helped many startups in building their products and I would be happy to have a chat with you about your idea. Catch me on twitter at @akhilrex