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Business October 8, 2018 12 mins read

Opinion: Upwork (UPWK) is more valuable than LinkedIn

Business ı By Cedric Dent

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Upwork

My experience with Upwork was so good that I started sourcing additional talent off of Upwork including but not limited to:

Salesforce CRM Developer - took less than 10 minutes to find a world class SalesForce CRM developer that lives near me.

Copywriters - found great talent on Upwork to create content for my company's blog.

Graphic Designers - hired designers from Russia to Hungary, all of which were reasonably priced for the top quality work product they produced.

Amazon Expert - found a world class Amazon expert that used to actually work for Amazon.   He handled the professional photos for our business and did an amazing job with our listings.

Shopify Developer - hired 2 great Shopify developers that saved me months of headaches in getting our Shopify account setup.

Hubspot - although i found a great developer on Hubspot, I ended up going with Salesforce.  Nevertheless it took minutes to find the support I needed on Hubspot, which is a CRM i would not recommend.

I've hired for many more positions off of Upwork and have realized that without Upwork there is no way my business could have expanded to where we are today.

The best part of hiring on Upwork is that the platform is truly end-to-end.   When I engage a freelancer, I simply authorize my credit card to get billed, whereby the payment is placed into Upwork's escrow account.   Only after I approve the work by the freelancer will Upwork release it.

To date I've never had a bad experience with any freelancers on Upwork.   The scammers steer clear of the platform because they can't get their money until it is released by the client.   Also, Upwork carefully reviews applications of freelancers on its network and from what I have heard it is becoming increasingly harder to get approved.

Upwork is a Monopoly

I've searched high and low for a competitor to Upwork, none exists.

Fiverr - mostly low quality freelancers that are in my opinion scammy.

Toptal - vets its own talent, not creating a truly meritocratic environment for its freelancer community.

LinkedIn - most people have a LinkedIn account, but there is no way to truly identify top talent on the platform.  Everyone looks good on LinkedIn.

Freelancer.com - nice domain name but completely inferior platform.   Not easy to find talent.

As Peter Thiel always says, invest in monopolies.

With the successful IPO that landed Upwork an additional $90M in its coffers (which apparently were already deep), the company intends to throttle its advertising, bringing on more businesses and freelancers.

Labor is Undergoing A Revolution & Upwork is At The Forefront

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