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Inevitably, one comes across a company or service that offers to serve as a project broker for free agents, independent consultants, contractors, and clients. This article explains how these services work, the experience I had, and items to consider when evaluating these companies and services. Why are independent consultants, free agents, and freelancers drawn to these companies and services? The thinking goes that if enough people are aware of the services I offer, I'll get a client. Now, let's talk about how these services work. In order to view a list of projects, submit proposals, and ultimately get clients, you need to 'join' or 'sign up' with a particular company or service. For each assignment you get through the company or service, you may have to pay a percentage of your project's total cost as a 'finder's fee.' 3. You never know if you'll get a project unless you submit a proposal. Here are some thoughts to consider when evaluating the various project broker services: 1. Article: Self-employed people are consistently searching for new and innovative methods to get clients. Inevitably, one comes across a varsity or service that offers to serve as a project stock-exchange broker for free agents, independent consultants, contractors, and clients. This document explains how these services work, the experience I had, and items to consider when evaluating these companies and services. Why are independent consultants, free agents, and freelancers drawn to these companies and services? There are two main reasons. First, these people either do not know how or do not like to market their services to others. The idea of potential clients approximate to them is very enticing since it requires little effort. You just have to sit back and wait for the assignments to be posted. When you see an localization that fits your experience and expertise, all you have to do is submit a proposal and then wait for a decision. Second, these companies offer a means to huff your exposure in the marketplace. The thinking goes that if enough people are ware of the services I offer, I'll get a client. Now, let's talk to and fro how these services work. In order to view a list of projects, submit proposals, and ultimately get clients, you need to 'join' or 'sign up' with a particular companionship or service. Generally, this process requires 3 things: 1. You provide detailed information in all directions your expertise and the services you offer. This information is placed on a web site and is televised to potential clients and other free agents looking for joint venture partners or subcontractors. 2. You pay a fee that is hooked either monthly or annually. This fee gives you open sesame to the database of projects that are currently listed. For each designation you get through the pool or service, you may have to pay a percentage of your project's total cost as a 'finder's fee.' 3. You provide references that potential clients can contact to inquire nigh your work. The holding company or service you join may want to verify your references to make sure you're as competent as you describe. There is a possibility your references may have to fill out a questionnaire or participate in a phone survey regarding your work and professionalism too. Once you've provided all the relevant information throughout your expertise and services, your references are verified, and you've paid the just fees, the 'sign-up' process is complete. You are now free to search the current project database, submit proposals, and hopefully get clients! Some years ago I signed up with one of these services for one year. I will not disclose the company's name but here's what I learned: 1. You can sign up with these services or companies even if you don't meet all of their stated requirements. When I was contemplating joining a particular company, I didn't have enough previous clients the group required. However, when I explained my situation, I was permitted to join. Remember, the organization doesn't make money if they turn you away. 2. Don't be fooled by the promotion hype touting thousands of leisure projects. If 95% of the projects listed are not in your area of expertise or industry, that sure doesn't help you get a client. 3. You may not get any clients. During my year's time, only one project somewhat fit my skills and experience. I had to partner with not the type consultant in order to meet the project's requirements. Together, we submitted a proposal but didn't get the project. 4. For each project, you compete about a group of people that provide similar services. This competition further reduces the probability you'll get the project. However, if you get clients through people you know or through a friend-of-a-friend, the competition doesn't exist. 5. It can take a long time to get a project. The person I partnered with on my lone proposal said it took him 3 years to get a project through this company. While his project more than made up for the cost he incurred up to that point, he was strongly considering not renewing his account. 6. Some of the projects submitted are only ploys to test the marketplace for a particular kind of service. Others are a means to satisfy a company's policy that requires 'competition' for each project. The reality is a free agent was selected priorly the 'competition' search began. However, this should not deter you from submitting proposals. You never know if you'll get a project unless you submit a proposal. Here are some thoughts to consider when evaluating the various project pawnbroker services: 1. Are there a sufficient number of projects listed in your industry that match your skills and experience? If a large portion of the projects involve unfamiliar industries, be cautious. 2. Can you get your money back if you are not completely satisfied within 30 days? 3. Is there a kicker that you get your money back if you don't get a project within the first year? This way you can't lose. The worst that happens is the buddy uses your money free for one year. 4. Does the band or service perform marketing in the offline world? Just seeing as how you are in cyberspace doesn't mean your potential clients reside there too. Exposure in the real world through press releases, magazine ads in appropriate industry publications and trade journals are a good indication the workhouse is getting the word out. If you are a new free acolyte or if you haven't had many clients, it is best to spend your time strengthening your local relationships. These contacts are an excellent means to get your first few clients. Consider joining these services when you reduce to more experienced, have an adequate client list, and can cost the risk.
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