“Today, the [Division of Gaming Enforcement] ruled that a total of 10 online customers and one retail customer who placed wagers on erroneous soccer markets should be paid out after an investigation into a new bet type that was installed by a vendor incorrectly resulted in erroneous lines being made available to customers.
“FanDuel Sportsbook appreciates the DGE looking into this matter on our behalf. We regret that this error happened, believe it is important for customers to know that there is a review process for these issues, and thank the DGE for their collaboration in the matter.
“Customers impacted will receive their winnings in their online accounts immediately and our retail customer has been contacted to come into the Meadowlands to receive his winnings.”
The statement covers new ground in blaming the error on an outside vendor. That appears to differ from the 2018 situation.
Recapping FanDuel Sportsbook palp
The palpable error, a term used in Europe for an obvious pricing mistake, occurred a month ago with an MLS game, although soccer games from numerous leagues were in question.
FanDuel listed FC Cincinnati at +5 goals (-134) against Atlanta United. It remains unclear if the pricing error should have been shorter on the spread or the odds.
But the timing of this mistake was a bit different than the 2018 pricing mistake, which involved NFL betting. The 2018 mistake was up for mere seconds while this time, the line was listed for about a day, according to sources.
According to ESPN, the bets on the incorrect line would pay out more than $100,000.
No forced payouts in Indiana
New Jersey isn’t the only state where FanDuel Sportsbook took action on the incorrect line. But it is the only state where it’s being forced to pay the bets.
The Indiana Gaming Commission allows sportsbook operators to cancel bets on obvious pricing mistakes. According to Indiana’s sports wagering statute:
A certificate holder or vendor may not cancel a wager that has been accepted, except in the event of obvious error, at the certificate holder’s or vendor’s discretion.
But while the bets were successfully canceled, that doesn’t mean the issue is over. The Indiana Gaming Commission’s compliance committee is investigating the issue for potential action, Executive Director Sara Gonso Tait said.
Did FanDuel bring this on themselves?
Paying out on this New Jersey sports betting mistake might be FanDuel’s fault in the first place.
Back in 2018, FanDuel wasn’t necessarily forced to pay out on its mistake. It was after calls with the DGE – and a bunch of bad PR – that FanDuel paid on the bets.
FanDuel’s statement at the time suggested the sportsbook would work to educate bettors on palps in case it happened again:
“We want FanDuel to be a sportsbook for all bettors, and we want sports betting to be fun. So, this one’s on the house. We are paying out these erroneous tickets and wish the lucky customers well. Going forward, we are working with the New Jersey Division of Gaming Enforcement to improve our processes and procedures. We will also work with others in the industry on educating bettors on these and similar instances and how they work.”
You are reading Factsheet, our series of specific guides on experiencing and using technology platforms in Africa. Whether you are looking for knowledge on getting your African film on Netflix, raising a seed round or finishing an online design course, we are covering all that.
Andela has started hiring senior software engineering talent as contractors. Now a fully remote company, no geographical limitations preclude it from working with developers across Africa from rural to urban cities.
Buoyed by Andela’s early success and enticed by the prospect of filling the junior talent space, tens of job matching sites have sprung up around the continent. Each proposes one tweak or twist to its value proposition but the ultimate promise is to connect companies who need software developers to African talent, and vice versa.
The past five months of 2020 have aided the growth of this sub-industry by creating an environment for testing the practicability of distributed work.
Companies big and small have had an elongated taste of what it feels like to function in work-from-home mode and while many are returning to the office, some will retain elements of remote work. That opens the door for more remote hires for part-time and full-time positions, a prospect that especially suits the software programming labour market.
In this regard, we can expect to see more activity in the gig economy value chain in Africa. Advances in the intersection of payments technology and ecommerce – exemplified by pandemic-time solutions like Paystack Commerce and Flutterwave Store – favour freelancers who have more tools with which to send invoices and receive payments for services.
In the same vein, job matching sites for technology skills are building up capacity to take advantage of the moment. Here’s a look at how they describe themselves in 2020 and what differentiates one from another.
Omowale David-Ashiru, Andela’s vice president for global operations, told TechCabal in July that the company hasn’t deviated from its founding mission of helping companies find distributed teams of software engineers. By moving to a fully remote model, the company says it now has a pool of over 500,000 talents to employ from.
Present and former Andela engineers are recognised among the best in Africa. As such, the opportunity to even work on a contract basis for the companies’ clients remains appealing.
Each gig is time-bound ranging from a few weeks to up to 6 months. They do not come with workplace benefits like stock options and health insurance offered to full-time employees. But for the senior engineer exploring secondary income streams, an Andela gig should be a lucrative opportunity.
Founded in 2016, Gebeya describes itself as an online talent marketplace. Starting from Ethiopia, the startup has plugged into the talent market in Kenya, and Senegal where it has helped telco Orange hire developers.
Gebeya started off with training talents before matching them to jobs. It still does training but its strongest focus is on being the company to contact when in need of talent.
They have four product lines in this regard: G-Talent is for companies looking for short or long-term talent, G-Subscription has fixed rates per hour ideal for SMEs in need of temporary fixes, G-Made is for companies who want their projects built directly by Gebeya engineers, while G-Box is for those who want to order pre-written code perhaps to finetune a prototype or minimum viable product.
The breakdown is certainly interesting, specifying the particular solutions offered for each need. With its $2m seed funding closed earlier in the year, Gebeya plans to make its marketplace more pan-African than it currently is.
Decagon and Semicolon
Chika Nwobi, Decagon’s founder and CEO, explained to TechCabal that his vision is to create 10,000 software developers in Nigeria over 10 years.
In June, the three-year old company moved into its new training complex based in Lagos. There, they hold in-house training for software developers in a six-month programme after which the engineers are matched to jobs in the industry.
They also retain a proportion of these trained devs, forming an internal talent pool that executes projects for clients. Like Andela and Gebeya above, this is a B2B offering to which developers cannot directly apply.
But enrolling for the training, which happens frequently within a given year, affords an entry point into the world of tech. The downside is that this requires the intending developer to be physically present in Lagos and, to get the full benefits of the programme’s intensity, live in residence within Decagon’s facilities for six months.
By contrast, Semicolon’s training programme does not require boarding. Also Lagos-based, the company’s model is similar to Decagon’s only that training lasts a year.
WeJapa, GetDev, and Africave
Where the four companies above focus on business-focused talent solutions, a number of relatively smaller players have paid attention to catering to developers as well as companies.
These upstarts hope to replicate the opportunities provided by global freelance platforms like Fiverr, Upwork, Freelancer.com and the more specialised tech job sites like GitHub jobs, Stack Overflow and Toptal.
Africave co-founder and COO Duke Ekezie-Joseph says they have a pool of vetted developers who they connect to companies according to skills demanded.
They invite developers to sign up on the platform and undergo some screening of their competence. The devs are onboarded, pending when jobs become available.
WeJapa, launched in April and counts the Bank of Kigali among its business-side clients, and GetDev – which has had success connecting local talent to local companies – follow a similar onboarding process.
Each company’s job matching system mirrors each other too. Instead of being just platforms for connecting the talent to the employer, they receive the job description from the client and then scan their talent backend for those who suit the description.
In some cases, there is an added layer of interviewing/screening between the talent and the client. Essentially, these upstarts function as mediators in the marketplace rather than being platforms for direct contact.
Where is the evolution headed?
The landscape for tech talent has changed over the years in Africa. From relying on foreign developers, African companies are now able to source talents locally with the rise of training institutes and the availability of online courses for self-tutoring.
For aspiring and current programmers more opportunities exist in Europe and North America than in Nigeria. The discussion above has focused on software development because other tech fields like cybersecurity and machine learning are still too nascent to have large talent pools necessitating Africa-focused job matching platforms.
That should be the next frontier for the continent. A few data science and AI learning communities have begun laying foundation through training and courses in related disciplines.
The dearth of core AI companies in Africa means the pace has been slow but with the rise of big data – an essential component of the AI industry – accelerated demand in this aspect of tech talent matching may be around the corner.
Mutua Matheka is an internationally recognised photographer, traveller and all-around cool guy whose work has been showcased all over the world, including, most recently, on Beyoncé’s (yes, that Beyoncé) website. He spoke to Life&Style.
Do you think school actually prepares you for a career as a creative, or in art?
Absolutely not. As a photographer, I don’t think photography school will make you a better photographer. Not in the way I think school is supposed to, anyway. Now that I am a photographer, I would go back to school because I know I am not going to go back to learn how to take pictures.
I am going back to learn about the history of photography, movement in photography – yes, based on white systems and white history, but that would be interesting to me now as well, in theory. Fortunately, or unfortunately, I am really anti being told what to do and when to do it.
Have you always been anti being told what to do and when to do it?
I can’t remember the first instance of when I started being like this, but growing up, I’d always been against being told what to do. Not because I won’t do it. I will do the thing you want me to do. But more because it is not what I want to do right now. You understand? I understand that you (i.e. my mother, for example) want me to do it now because you require obedience from me, but know that I love and respect you. Still, I don’t want to do this thing right now. In a half-hour, I will do it.
And then you went to campus, being this guy, and did architecture. What is it with architects who don’t become architects? You, Nameless, Dela, Osborne Macharia…
Creatively, there is no academic discipline that makes you an overall excellent creative, like architecture. When you study it, you discover that it is a good segue into many things. The first year is basically a fine art class. We drew so much – and people had to learn to draw things without using rulers. You would think architecture is about using rulers, right? Not first year. We would be taken to town and told, draw the old parliament building. Left there for the whole lesson. You would be learning how to translate what you see, then draw it, to scale, and basically translate what you see into something that makes sense, or was communicating – without having yet touched a single tool. Your tools were your hands and your brain. And isn’t that what art is? Then, also, the degree takes six years. That teaches you long-suffering, which is essential in business. Then, we had hours of critique sessions – also crucial for an artist.
Was there something that you finished school and said you would never do? Like, I don’t know, wake up early or something?
Wash my own clothes. My mother made me wash my own clothes from when I was in Class Five because that’s a lesson she wanted to teach me at the time. We had a househelp, but the househelp was for her. So the help would wash mom’s clothes, and I would be there next to her, washing mine. I went to boarding school in Class Seven. We were not rich, so I didn’t have ati seven shirts – I had two, which meant I was washing shirts every day. The first day I found out what a mama fua was, on the first day of campus, I said never again. And I never looked back. When I met my wife, she initially wanted to wash clothes, even though I had clearly said that it would not make me like her more or less or make her more wife material or anything like that. She didn’t listen and tried one time. She too said never again – after that one time.
And these experiences brought you here, from being in architecture school to being featured on Beyoncé’s website. How do you even explain that?
It’s inexplicable. Some of what is my life now is not what I imagined, not even what I could have imagined. Even when I imagined being a really dope architect when I was employed, 10 years ago, I would have never imagined that I would go to the places I go to now, ati because of taking pictures. Even now, I get shocked. Mainly because I don’t consider myself the best photographer or anything, I do think my work is good. I don’t think you can be the best artist, you know, because that’s like saying you can compare two artists, and what can that honestly even be based on?
Till now, I’m like, ok this is nice. Still, when I think about it, really, this is what it means: it means that there was someone in this world somewhere who said, we need to feature a Kenyan photographer on the website, for the curation section, and then someone else said, yes, I know someone. And then they sat down, I assume, and looked at my work, and they said, I hope, that yes, this is the one, we definitely have to have this person on here. That’s so wild to me!
And yet even though you operate outside the system of the norm, there is a lot that you do that is very much still operating within the system of the industry, or whatever you want to call it, right? Do you think as a person, as an artist, it is possible to operate out of the system, of capitalism, or systems like it?
I think it’s possible, but you have to be one of those people who are down for whatever. You can choose to operate outside the system of things but that also comes with its disadvantages here and there which you have to be ready for.
Like having to farm, for example?
Yeah. Dealing with things not going the way you want them to. If you don’t know how to deal with those things, you might get shocked.
Just to briefly return to the Beyoncé question, and how you kind of would never have even thought to work with her…
I have never even thought of Beyoncé to work with, and not because I wouldn’t. Still, because I would love to create some really cool stuff – but I’ve never even thought about that as a possibility. It seems like something so far away; you know? Like sometimes my mind thinks about things like I will get this grand idea, and then I start thinking about how it would be possible…and then I get tired. I am very good at thinking up big thoughts. And stopping there. If that was my job, I would be so successful! But the minute I have to find the small pieces to move and manage for the big ideas to happen, I stop immediately.
But somehow you managed to make the big idea of your career happen.
How it happened was that I started out as an interior architect after I graduated. I actually picked up employment and picked up a camera at the same time. But one won.
And it wasn’t even that I hated my job or my boss. I had an excellent job. I did work that was meaningful to me. I had a huge responsibility to design things and see them built. I did things that I loved to do. I quit because, the job did not have space for my photography. And ironically, I still ended up having a job [that goes against what I said earlier about hating to be told] – being told where to be, and at what time.
I remember when I was leaving, I tried to tell my boss that they actually only needed me for two days a week, total. If she had allowed me to do this, I might still be employed!
How exactly did you quit? And when?
Many things happened in 2010. I wasn’t using my camera much. Then I got married. Then I was like, I bought this camera. It cost money. Let me use it. I started shooting every day. I was just working and shooting and working and shooting. I would sleep three hours a day: Wake up at 6 am, leave the house at 6:30 am, be in the office by 7:15, then I would be online, posting the ‘pic of the day’ that I took the day before. I would have coffee at my desk at 8:30. During lunch, I would take my camera, walk around and try to find pictures for that day’s assignment. If I didn’t find a picture, I would come back and eat lunch at my desk. I’d head home at 5 pm and have a portrait session from 6:30 pm – form people who used to see my work from the pic of the day segments. At 8, we’d eat, I’d hang out with my wife, we watch some TV, she would go to bed at 10 pm. I’d tuck her in, get back on my computer and work till 2 am.
So picking one job was about survival. I was either going to quit my job or quit photography. Or do photography over the weekend like an average person! So I went to my job and asked my boss for a compromise – I work for half a month for half the pay, and then decide in three months whether I was going to stay or not.
My wife has never been the type of person to stand in the way of anything I want to do. Up to today, she’s the, we’ll figure it out, kind of person. And I think that’s because we would like our marriage to be the type where people are free to do what they want. For instance – she’s a sign language interpreter, and she really loves working with deaf people, and with children. And we all know in Kenya those jobs don’t pay well because people don’t consider them essential. So I said, since this is what you really like to do, I’ll try to work to make sure that I can support your lifestyle, of giving back to people.
The jobs kept coming somehow. That first year was outstanding. I was even like, I thought people said that this would be really rough? The roughness came, by the way. Just later.
When was it rough?
2019 was the roughest year. I did one job.
How did you survive? Are you like, a mad saver?
I don’t believe in saving; actually, I can’t save for a future I don’t know about.
I did a huge job with Hennessy, and I was on a billboard. That contract was around the end of 2018, so literally, that money paid for life through to 2019. And I opened my print shop and started selling prints and doing my prints on tees, out of necessity. If I wasn’t broke, I wouldn’t have done it.
What is broke to you?
When I have less than Sh5,000.
5k? He ok, but brokeness is different when you’re a parent.
Funny enough, I’ve never been worried about the children and what they will eat. It’s somehow never gotten there. There’ll always be a ka-rice. I’ve had a friend give me 5kgs of rice after asking if we have food. You eat rice with beans somewhere. You can’t miss beans if you look inside in the corner somewhere! My broke, at least, has people around me who can hold me when the line is slacking. And sometimes I can do the same. The kind of people who you can tell each other, listen, I need 10k, and I don’t know when I’ll pay you back.
How are you feeling about Covid-19?
It’s just freelancing every day. The whole world is living the way creatives usually live. It makes me feel like maybe if people paid us better and faster, we’d be ok [through Corona]. Because usually it takes people sijui eight years to pay…
What are you most grateful for, in this moment?
Honestly – I think I’m really grateful for this talent. It’s never lost on me how I feel my life would be so different if I didn’t have what I do. And it isn’t the doing in itself, it’s just what it makes me feel, to do the work that I do, when people receive it when I access doors that I would never have thought would open for me.
Mr Groen says demand for his companies’ services have recovered from an initial fall when Europe first went into lockdown, leading to a 30% fall in revenue.
“What we’ve seen in March is that our revenue actually dropped, because people were hoarding food at the supermarkets and were basically surrounded by a lot of food and therefore there was no need to order online,” he said.
However, eating habits have since changed, with millions ordering food in because they weren’t able to visit restaurants.
Mr Groen said: “If you’re locked down in your house for two weeks, then you also want to eat something else, and so we saw an increase of demand from April onwards.
“And now we’re actually growing much faster than we anticipated.”
The Grubhub deal means that growth will accelerate even further, giving Mr Groen more to digest at a time when many companies are putting expansion plans on hold because of the pandemic.
He said the merger was “a logical thing” and while he would have liked more time between that deal and the Just Eat one, he said: “Let’s be realistic, probably it would not have been possible in two years.”
In the first six months of this year, Grubhub, which operates in 4,000 US cities, took an average of 581,700 orders a day.
That could mean Mr Groen hiring a lot more staff. At the moment, freelance delivery drivers take those meals from restaurants to customers.
He says: “We’re still evaluating for instance Canada and of course later on we’ll have to look at the US.”
But it doesn’t mean riders will necessarily lose the flexibility that many enjoy and some use to top up the salaries they get from a main job.
Mr Groen says there may be scope to keep the freelance model in some countries, if it is possible to pay insurance for them, but he said: “It is our intent to make the quality of life of these people a lot better than what it might be now.”
You can watchJitse Groen’s full interviewon Talking Business with Aaron Heslehurst on BBC World News at Saturday 23:30 GMT, Sundays 16:30 GMT, Monday 06:30 GMT and 13:30 GMT, Tuesday 05:30 GMT and 11:30 GMT.
How one mother’s dream is helping many other mothers achieve dreams of their own
WFH. This three-letter acronym has risen to instant global popularity in probably just a span of two months due to the current global crisis brought about by the Coronavirus 2019 pandemic. The acronym WFH I am referring to here stands for “work-from-home,” which now seems to be how most of the working population worldwide describes what they do—working remotely or outside their offices, also known as freelancing or doing online work.
Maria Korina “MK” Bertulfo, 26, chief executive officer and founder of FHMoms (Filipina Homebased Moms), had a simple dream, and that was to work from home. Little did she know that achieving her dream would inspire and pave the way for more than 200,000 other Filipinas all over the world to achieve their own.
A blessing in disguise
Three years ago, MK was a young mom working as a business process outsourcing employee. The daily work routine was grueling. “It started with queuing unbelievably long lines to get on a public transport to get to the office, to hours in horrendous traffic, working an eight-hour shift, then the same chaotic commute.”She wanted to be like her mom who worked overseas for two years just to provide for her family, before sadly losing her battle to ovarian cancer. She says, “I envisioned myself as a working mom just like her, but I wanted to make sure I would be able to stay home to take care of my son and my husband while earning money as a work-at-home mom.” She knew she needed to do something, “I dreamed of making the transition to working from home.”
Her husband, Jimver “Jim” Bertulfo, then 30 years old, left the same company in which they were working together to pursue an online job. Months later, MK followed suit and applied for an online job herself. “I came across onlinejobs.ph, one of the biggest and known online home-based job portals,” she recounts. “I tried creating a profile for the first time. After only a few hours, someone had sent me an invite to work.” She and Jimver worked in the same company as email support. It turned out to be a blessing in disguise.
The biggest challenge was the transitioning from being a corporate employee into a full-time work-at-home mom. “It was a combination of emotional, physical, and mental struggles, plus the negative feedback and continuous questions from the society was really not helping out,” recalls MK. “The confusion, the doubt, the worries, the pressure—all of these shook me to the core over and over again.”
Everything happened because she decided to take that leap of faith. “If I did not take that risk of leaving everything behind, especially the job and financial security that came with it, and overcoming all the struggles, to try my luck in the freelancing industry, I would not be the person I am and where I am now.” With guts, and her son as her inspiration, she just kept going.
Today, MK and Jim get to spend as much time as they want with their five-year old son LukeJeshua. In fact, they get to “bring him to work” every single day. She says, “In just three years of WFH, we were able to travel and buy our dream house. I can say that I’m the happiest mom and wife because I can take care of my family while fulfilling my dreams.”
More to be done
When MK landed her first online job, she simply wanted to share the good news with her friends. “Unable to contain my happiness, I gloriously shared my experience to my mom-friends who, eventually, I had helped land online jobs, too,” she says.
Since she was new in the world of online work, she felt the need to have a support group. She built a small community on Facebook for moms where fellow moms could support one another in treading the WFH path. In 2017, the Facebook community, Filipina Homebased Moms, better known as FHMoms, was born. “The response from Pinay moms was overwhelming. I didn’t expect that there were so many moms like me who had a common dream of having an opportunity to earn while staying at home. That gave me the inspiration to do more to help them achieve their dreams,” says MK.
FHMoms is still a growing community exclusive for Pinay Moms, regardless of age, location, and civil status, whose common dream is to have an opportunity to be financially secure by earning while staying home to spend more time with their families.
MK observed that the common factors among the members were feelings of intimidation and lacking confidence to pursue WFH. And it all stems from their limited knowledge about the industry. “Aside from the livelihood opportunities, they really need a support system and a confidant. They needed to see that being a mom is not their end game—that it is a step to an exciting adventure.”
She took things seriously. “My vision jumped a hundred levels up from just a community simply offering support to a community of empowered women who have valuable contributions to the world. Women who live fulfilling family lives because they are confident and secure no matter what lies ahead,” she says.
The journey hasn’t been a walk in the park. It was hard work for MK as she set herself out on a mission to help these moms—all by herself. “When the demand for advice from real freelance moms increased, that was when the real hard work started,” she recounts. “I had to equip myself with knowledge and skills, and then taught them myself. I did it all online.” Eventually, the demand grew far and wide, MK had to seek the help of other freelancers and experts with different skills in specific fields to provide the members the information and training they needed. What the community was doing received such good feedback that word got around real quick. “The next thing I knew, the community was already in the hundred thousands. I was overwhelmed but really pumped up!” she beams.
Dreams come true
With the current economic crisis, and restrictions on working out of our homes, the group now averages 100-200 new member requests every day. Instead of backing down, MK wants to work harder for the community. She gets inspired whenever she reaches more moms and gets to guide them in their pursuit of excellence. FHMoms provides free webinars and paid online courses about freelancing, parenting, and entrepreneurship. Aside from e-learning, the community also supports its members in having the necessary tools to start WFH, through its computer rent-to-own program, and e-commerce. For members enrolled in the courses, internship and job-matching support are also offered.
“We cannot stop growing and improving,” MK says. “We need to supply the demand for knowledge and skills. And whenever we see our students show off the fruit of their efforts, you will be more and more inspired and driven. We learn about their stories about how they are now earning well enough to help their families. Some have fulfilled their dreams of buying their own houses or moving into their own homes, being able to come home and not needing to work overseas anymore, encouraging even their husbands to WFH.” Jim also has his own community called Pinoy Homebased Dads (PHDads). It caters to Filipino men who want to go into or are already WFH.
Because of one woman’s simple dream for herself, this growing community continues to empower countless women and their families. MK’s drive and determination have truly made a mark, and a number of institutions have taken notice. FHMoms has been invited and featured in countless news programs, publications, podcasts, and international summits. MK and the group have also been noticed and awarded the Community of the Year in Freelancer Fair 2018, AIM-Dado Banatao Incubatee, Innovation for Social Impact and Partnership 2020, and Facebook Accelerator Program Cohort 2020, to name a few. Aside from the support that they give to the members, they are also able to assist local and international companies in terms of talent sourcing, advertising, and market research services. This way, they are also able to help members in getting more opportunities to earn.
More dreams to fulfill
MK is nowhere close to stopping right now. From her own personal dream, she is making thousands of dreams a reality. She has big plans for the FHMoms. “We are planning to focus on the basic foundation of an organization, policies, systems, procedures, and everything needed to keep us running,” she enthuses. Many moms look up to us as having a huge influence in shaping their career paths and lives. We are continuously developing projects and programs to accommodate their needs. We are also putting everything into its rightful place in terms of comprehensive procedures for our programs.” MK wants to grow the community even bigger, so they can reach as many Pinay moms as they can wherever part of the world they are. She hopes they can inspire and empower more women, and that the members they have helped through their initiatives would pay it forward to other women too.
Does she have any more dreams to fulfill? MK has this to say, “Let us change the world, one mom at a time.”
*Angel studied Political Economy but found more satisfaction working in the fashion and advertising industries as a professional fashion stylist since 2000. She took time off from work for a few years to be a stay-at-home-mom to her son Rocco. She is now back pursuing her passion as a Personal Brand and Image Consultant, and as a Certified Self-Confidence Coach. Follow her at Style Angel Manila on Facebook and @style_angelph on IG.
Online work to make money is trending more these days. The extensive range of benefits of online money making attracts hordes of people. It does not matter whether you are working full-time and want some extra income or you are a housewife or can’t go out for work due to family dependencies; online money-making is an excellent option.
This article will take you through various means of earning money from the comfort of your home.
You must have seen ads on your Facebook account. These ads provide a simple and great way of making money. You can work as an ad maker and create ads with Google AdSense. If you have a website, you can sign up with Google AdSense Account for free. Google will send you a code, which you have to paste onto your blog or website. Google can track the traffic and number of views on your website. How much you will earn with Google AdSense depends upon the number of people opening those ads.
Freelancing is also one of the most trending ways to earn money while working from home. Several companies need writers to create content and blogs for their websites, magazines, books, etc. You can easily apply for the freelance writer from Freelance, Upwork, etc. or apply directly to some company. Some people start blogs according to the trending topics, and instead of writing content for their blogs themselves, hire short term writers to write content for their blogs. You need to be very creative, grammatically accurate and have an excellent research capability to be a freelance writer. In online writing work, the more you write, the more you earn.
If you have expertise in any subject, then you can go for online tutoring. There are many platforms such as Tutor.com, Tutor me, etc. where you can apply as an online tutor. Freelancer and Upwork also publish online teaching projects, where you can apply. There is always a huge need for online teachers for subjects such as Maths, Chemistry, and Physics. You can even teach English to the students preparing for IELTS, PTE, and more. You can also teach musical instruments, dance, arts, etc.
Start a Blog
Blogging is one of the best and most trending ways of earning online money. You can write about anything in which you have expertise. For starting any work, you need to put in the effort to reap the benefits later initially. Once the blogs begin generating money, you should keep adding more content to your audience. The amount of money you earn depends upon how much you write and how attractive your topic is.
Become a Virtual Assistant
The job of a Virtual Assistant is steadily rising in demand these days. As more people start their solo businesses, they need virtual assistants who can assist them with their work. A Virtual Assistant is like a normal assistant, but you will have to work online from home. Virtual Assistant is supposed to do research work, reply to the emails, write content, and schedule meetings with clients. It is a profitable option of money-making from home, and you can earn an amount varying from $2 to $30 per hour.
Affiliate Marketing is new in the field of online work. You need to sell products online. You need an audience to sell these services or products to. You can make a handsome amount of money by just selling products. The type of products can be online courses, electronic products, any more. Their way you choose for marketing depends totally upon you. You can make videos, share on social media, share with friends, etc
YouTube is one of the most popular ways to earn money online. You can make your YouTube channel and start posting videos on that. All you need is a trending niche, impressive videos, and decent marketing to gain subscribers, and you are all set to make money. You can be a vlogger and select any niche for your videos such as cooking, art-work, online courses, marketing of online products, some spiritual information, or anything you can do with ease and attract more audiences. You can use the YouTube video editor to edit the videos more impressively.
Build a Side Hustle Business
There are thousands of ideas for side hustle business, which can be started from home. It is the easiest way of earning a good income online. In this, you can launch a business selling products of someone else or create your product. It might seem confusing to create a business based on inventions, but it presents enormous investment opportunities, which brings a handsome income later.
Podcasting is another interesting way of making money online that can earn you a good amount of money. You need to select a suitable niche for you, grow your audience, and communicate with sponsors. You can show a short clip before beginning your podcast and get money from the sponsor for that. You can select any area, such as the latest technology, news updates, reviews, etc. Many people are getting into podcasting these days and are making a large amount of money.
Create Online Courses
Creating online courses is another way of making money online. You can create online courses in the domain, technology, or topic of your choice. It is a passive income source that keeps generating money for you every time someone accesses your course. Though, you need to update the course on time. Many platforms offer you a way to create courses such as Khan Academy, Udemy, Coursera, etc.
Online Paid Surveys
Online surveys are another way of making money online. A large number of survey companies hire people to provide feedback and opinion for the services they offer and pay them in return. These companies also give people free products or services to try and get feedback on that from them. Various companies are working on different services, and you can select the survey company as per your interest and make your online money making enjoyable. You should choose the company carefully as there are scams also involved in this work.
This is the new way of online money making as the digital world is evolving with the currency. There are some platforms available for the trading of cryptocurrency that you can employ. These platforms include Ethereum and Bitcoin. Though cryptocurrency is new in the market, it will grow soon. If you can understand the charts to get analysis, you can use it to make profits by swapping the digital assets. You can use it full time as well as a part-time way of money-making.
The list presents some of the most accessible ways to easily earn money online. All you need to do is to utilize your skills effectively and you will be good to go.
PETALING JAYA: Jeeshen Lee and Caren Tee were still in university when they discovered that the Seri Malaysia and Tabung Haji hotel chains were among the largest in the country.
Ten years down the line, Seri Malaysia and Tabung Haji are among the 266 hotel brands the couple serve in Malaysia and Indonesia with their specialised software for hospitality properties.
“Back then, we were studying and taking up freelance jobs to pay for our tuition fees. So, when we heard there was a business competition with a RM10,000 cash prize, we knew we had to enter,” said Lee.
The competition, organised by Malaysia Digital Economy Corporation (MDEC), required participants to submit a business plan. On top of the cash prize, there was also a follow-up grant to be won.
“Our idea was for a hotel software system,” Lee said. “We came up with it because a friend of ours spoke to us about the challenges he faced running his hotel.”
As part of their pitch for the MDEC competition, Lee said they had to come up with a list of possible clients. They included Seri Malaysia and Tabung Haji as they had among the largest inventory of rooms.
“We didn’t win, we got second place. But we didn’t give up, and what started as a means to win a cash prize evolved into a labour of love as MDEC sent us to conferences and pitching sessions.
“This helped us grow into entrepreneurs, and in 2012, we founded Softinn with a paid-up capital of RM5,000, mostly to rent servers.”
Softinn offers hotels software for check-in, reservations and front office operations, at prices affordable for small and boutique hotels.
“A five-star hotel will have the infrastructure, expensive IT systems, a digital marketing set-up and loyalty programmes.
“But for four-star hotels and anyone smaller, this would be too costly. That is where we can help.”
Essentially, Softinn provides their clients with the infrastructure and platform to improve productivity and operational efficiency while creating large savings.
What started off as a company comprising just Lee, Tee and two other employees to serve fewer than 30 customers has since grown into a team of 15 serving 1,267 customers.
“In the first two years, Tee and I did not draw a salary,” Lee said.
But in just eight years, Softinn expanded its empire from a single client, a three-storey shop lot hotel in Muar, Johor to over 1,000 properties including chains in Malaysia and Indonesia.
“We provide hotels with a website and a booking engine that allows travellers to book their stay directly with our clients. The travellers get a better deal and our client does not need to pay a commission to online travel agents.”
Lee said the system, which costs 80% less to run than international systems used by larger hotels, can help hotels save up to RM1,000 a month on commissions paid to agents.
The system also allows hotels to gain insight into customer behaviour, patterns and opportunities which can be used to refine their marketing strategies and optimise sales.
Lee said businesses have to embrace and unleash their digital potential.
“It’s not just about software, it is about what data can do for business. This is something which in the past may have been a luxury for smaller hotels, but not anymore.”
As for Softinn, Lee said they have not forgotten what MDEC did for him and his wife, adding that they were still working closely with them.
“We are collaborating with them on their SME Digitalisation grant to offer a 50% matching grant for boutique hotels to digitalise their businesses.”
Commenting on the success stories of local SMEs like Softinn, in conjunction with the launch of #SayaDigital Month, MDEC CEO Surina Shukri said: “The idea is for MDEC to empower businesses to take the digital leap to thrive in the era of the 4th Industrial Revolution, and to achieve shared prosperity for all Malaysians.
“MDEC will continue to support businesses via digital empowerment platforms such as the highly successful SME Digital Summit, which has just concluded. This is our first in a series of events in conjunction with #SayaDigital Month, which aims to accelerate a digital society in Malaysia.”
The month-long campaign aims to expand digital skills and adoption among Malaysians and local businesses, empowering them to successfully navigate the new normal.
The first two weeks of the #SayaDigital movement will focus on empowering digital businesses, while the second half will provide opportunities for Malaysians to learn and enhance their digital skills.
With COVID-19 shredding whole sectors of Britain’s economy, certainty and predictability have gone out the window. If you find yourself being either furloughed or sent to work from home, now is the time to seriously explore Freelancing as a viable option.
Business confidence is collapsing and unemployment and chronic underemployment are on the rise. Employers are looking to reduce their costs by either cutting jobs or adopting outsourcing more aggressively.
In many ways, this process was already underway before the pandemic hit. So, rather than panicking or bewailing your financial plight start thinking strategically. We are seeing a flush of new small businesses emerging, mostly run by home and promoted exclusively via social media.
Why StartA FreelancingBusiness In A Pandemic?
Regardless of what you call it, more and more people are looking to try to pick up some work on the side to get through this global pandemic and survive financially.
With so many companies looking to redefine what work gets done in house, however, starting a freelance business offers sound opportunities to survive in an economy that’s going to be slow to emerge from its economic trauma.
Marketing, web design, cybersecurity, eCommerce, tech support and IT services, are all services primed for freelance agencies. Here are 5 compelling reasons why Freelance businesses are not just surviving, but thriving in the pandemic:
Freelancing Makes Sense Financially
Freelancing makes sense for prospective clients and Freelancers themselves. In a volatile environment, where revenue flows are unstable and costs are eating away at many businesses, tapping into a wide base of Freelance talent makes plenty of sense. Converting fixed costs to variable costs in a downturn is business survival 101.
For Freelancers, the cost of setting up a business is low as are client acquisition costs. In many instances, all a Freelancer needs is a kitchen table, a laptop and a stable Wi-Fi connection.
In a networked world, it’s also increasingly easy for Freelancers to collaborate on projects collectively rather than flying solo. This opens up opportunities to bid successfully on larger value or more diverse projects.
The gig economy was on the rise before COVID-19 hit us like a tsunami. Before the pandemic outbreak, many employees were working at least part-time from home.
Starting a Freelance business can embrace any aspect of a business, product or service. From sewing masks in a home workshop to writing safety protocols or promoting takeaway dining menus.
The digital economy has removed many of the impediments to operating competitive Freelance businesses. And today’s productivity tools to enable Freelancers to manage their workloads are cheap and efficient.
In an era where limited physical interaction is a positive, Zoom conferencing and Skype calls are liberating a new generating of Freelance start-ups.
Combining a strategic vision with a dash of creativity will point you in the right direction to build your Freelance business, whether that be an online retail storefront within Amazon, or services such as graphic design, content writing or fine-tuning a website’s Google performance.
Creating Your Own Home Office
As business shutter their head offices and office towers stand empty and abandoned, the home office is enjoying its time in the sun.
Carving a home office out of a spare room or the garage is not a new phenomenon. What is new, is how technology has transformed a Freelancer’s ability to work, communicate and deliver a product or service from home.
If you’re in the media or marketing business, one of your first tasks as a Freelancer is to transfer your archives onto a digital format. Old videotape footage can provide fun segments or backdrops for a marketing or a content stream. Take advantage of the latest VHS to USB technology and bring your content archives to you on a USB stick.
Take the time to consider how you prefer to work and what common tools you’re likely to need within arm’s reach. Similarly, get your filing system sorted to minimize clutter and put in place a tracking system to monitor your Freelancer output and ensure you meet your deadlines.
Once you get past the laptop, mouse, monitor and printer shortlist, ask yourself do you need quick easy access to whiteboards, a cork pinboard or a reference library to do your work?
A good quality camera, microphones and headphone will set you up for success in your home office. Add in calendar tools and high-speed Wi-Fi and your productivity will flourish. These days you even have your choice of ergonomically sounds conventional or stand up desks!
Manage Capital InvestmentIn Your Freelance Business
They say, ‘To make money, you need to spend money.’ Up-front investment is going to be required if you’re starting a new freelance business. Beyond that, it’s mostly thoughtware unless you come up with a great idea you need investment behind to put into production.
Many industries are struggling to reinvent themselves like restaurants reorganizing their home delivery, takeaway or pre-packaged meals services. Surging demand for PPE and hygiene products has proven to be a boon for home workshops who differentiate using clever design and on-demand batch production.
Develop NewRelationships, Access Fresh Talent
The nature of business relationships in the Freelance space is noticeably different than in the traditional physical economy. In the gig economy, client turnover is inevitable. Freelancers quickly discover its okay to lose clients. Indeed, some client churn may be necessary as you revisit your pricing as your experience and reputation grow.
Starting a Freelance business provides Freelancers with an opportunity to learn new skills and explore latent, underutilised talents.
For clients, they enjoy that ability to access a pool of fresh, diverse talent that may bring with them new ideas and new skills than can breathe new life into a struggling business, while still delivering services at an affordable price.
For an economy ravaged by the financial blight of a pandemic, Freelancing is in many ways, a development of the gig economy. For Freelancers, it offers control and stability over their working life that is missing from the conventional economy. All you need is a strategic vision of where you want to go with your new Freelance business, an idea to set your startup on its way and a dash of inexpensive tech kit. Freelancing is a savvy way to survive and even thrive during a pandemic.
Coderstrust, a startupproviding affordable education and job opportunities in emerging markets,today announces closing a funding round of approximately €625K.
Founded in 2014, Coderstrust educates people in digital and soft skills, giving students an edge in the road to financial freedom through online freelancing. Coderstrust is focusing efforts in the Global South, providing the necessary digital and soft skills courses to ensure that young people can build financial independence for themselves and their families. So far, Coderstrust has educated over 14,000 students, and since the launch of their online academy in March 2020, 8,000 new students have signed up.
The majority shareholder of Coderstrust is Acini Capital from Norway, a leading impact investor with a focus on education and employability, particularly for young women in the global South.
Carsten Hjelde, Acini Capital’s founder said,“We have invested in Coderstrust since 2017 and have continuously seen the improvements and progress of the company. We are very thankful that JBO Invest and VækstFonden acknowledge, and support the good work. This will allow Coderstrust to scale, and train even more people to financial independence, no matter where they are born.”
The new round of funding came from JBO Invest Holding and VækstFonden. The fund worksin close collaboration with banks, domestic and international private investors to discover and develop the companies that Denmark cannot afford to miss out on.
Mads Galsgaard, CEO of Coderstrust said,“We’re honoured to have received the funding to scale up educating those who are most in need. Now, more than ever, online education and remote work is a crucial aspect of the global economy and workforce.”
CEO of JBO Invest Holding, Jørgen Balle Olesensaid,“Coderstrust focuses on the United Nations Sustainable Development Goals (SDGs) to provide quality education, economic growth, and reduced inequalities in an innovative way using the power of digitization. It’s a company that I believe in and look forward to seeing grow and succeed.”