Freelance 2.0: Shift From A Transactional Gig Economy To The Future Of Work
May 15, 2024 10:00
Matthew Mottola has worked in the freelance economy for ten years. In his talk at Freelance Unlocked 2024 he argues that "freelance" should stop being a separate category. He calls the next stage Freelance 2.0: external talent, which he says already makes up over half of the workforce at large companies, moves from plugging gaps to being part of a company's profit and loss.
**What the talk covers**
- The picture in May 2024, by his figures: talent platforms grow 12.7 percent a year against under 5 percent for agencies and consultancies, and 4.6 million US freelancers earn over 100,000 dollars, up more than 90 percent since 2020. Business performance, he says, has been mostly neutral, neither good nor bad.
- The friction: companies see compliance risk before quality. He cites a 97 million dollar lawsuit against Microsoft and over 500 million dollars of classification risk at Nike.
- Three horizons: transactional gigs, strategic work, and a disruptive stage where freelancers belong to a company's innovation budget. His example is a tax service that offers freelance accountants within 30 seconds.
- Mindset: call yourself whatever the paying client prefers. The field is collaborative, not competitive, and clients should see freelancers as long-term partners, "golden retrievers" instead of mercenaries.
- Three things to do: simplify your pitch, since leaders give you under 12 seconds; specialise, as in his story of a motorcycle maker's app won by developers who also rode; and network, which he says fewer than 40 percent of freelancers do well.
**From the Q&A**
He sees the US two to three years ahead of Germany because of at-will employment, and advises tying the work to revenue when approaching conservative companies.
**Who it's for**
Freelancers who want a market overview and a sharper pitch. The market and legal points reflect May 2024.