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I did similar analysis for Upwork and results were much much more drastic. Like, vast majority of accounts never earning anything, and a bunch of multimillion d
by anovikov 5y ago
I did similar analysis for Upwork and results were much much more drastic. Like, vast majority of accounts never earning anything, and a bunch of multimillion dollar accounts (most of them probably suggesting scams or money laundering - that was before i became a $2M account myself lol), and majority of money made by people who make very little, <$1000 per month, but stubbornly trying for years and years, probably having no other way out. Grim picture.
- ivrrimum 5y agoHave been doing full time freelancing for past 4 years on Upwork. I make good money and definitely not $1k a month, there are a lot of bot accounts on Upwork, which i think pollutes the data set.
- dvh 5y agoWhy grim? I work 1h a day and earn just enough to get by. Before I worked in a normal job 8h a day plus 2h commute, that was grim.
- Applejinx 5y agoYou would be one of the whales. Also, depending on what you do for that hour, as an entrepreneur you might be drastically underestimating the time and attention commitment you make.
- datenhorst 5y agoWhat's the story of you becoming a $2M account yourself?
- anovikov 5y agoNo story really. Just a lot of grind, developing a niche, finding my perfect model of clients, building a site, a boxed product to sell, and a large library of copy-paste code, working fixed price, working with good recruiters to get good cheap coders. Gradual progress. Took 10 years to get from 50K to 500K per year.