70% of Fortune 500 companies have a corporate email that works on the freelancer.com platform.

2 Aug 2024 · 1 min

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YouTube excerpt (speaker: Bill Gallagher) reporting research that a full 70% of Fortune 500 companies have at least one corporate email address that can access Freelancer.com weekly. The speaker describes a pattern where mid-level marketing employees bypass slow internal design teams by hiring inexpensive external contractors (example: a designer in Ukraine for ~$200 overnight) to deliver work quickly and capture career-advancing results (e.g., promotions).

Chapters

Freelancer.com only works with a couple dozen Fortune 500 companies. A full 70% of Fortune 500 companies have a corporate email that works on the freelancer.com platform on a weekly basis. So they're all people that are mid level people. And the story that we kind of unveiled or revealed in our research was that you're a mid level marketing person. You just did some great market research. You're super stoked, could do really accelerate for your career. You go to the corporate graphic design department and they're like, next week. We can't do something by next week. Are you kidding me? We're three weeks out. So you scramble and you go to online and you find a platform and you have somebody in Ukraine do it for 200 bucks overnight. You wake up in the morning and it's 90 there and you do a couple more cycles and you get your promotion. You're not telling the company. You use this person from Ukraine because you want all that value to accrue to you. So I think there's that that's going on.