Flexiple

How I Started A $80K/Month Business Connecting Freelancers With Companies

January 18th, 2020
Suvansh Bansal
Founder, Flexiple
$100K
revenue/mo
3
Founders
9
Employees
Flexiple
from Bengaluru, Karnataka, India
started December 2016
$100,000
revenue/mo
3
Founders
9
Employees
market size
$152B
avg revenue (monthly)
$92.2K
starting costs
$12.7K
gross margin
93%
time to build
150 days
average product price
$1595
growth channels
Word of mouth
business model
subscription
best tools
Hubspot, Slack, Stripe
time investment
Full time
pros & cons
36 Pros & Cons
tips
10 Tips
Discover what tools recommends to grow your business!
Discover what books Suvansh recommends to grow your business!
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Hello! Who are you and what business did you start?

Hi, I am Suvansh Bansal and I am the co-founder of Flexiple. We started Flexiple in Nov’15 to build a freelancing platform that enables “quality interactions” between companies and freelancers. The goal has since then been to ensure a successful engagement such that both the client and the freelancer are happy and satisfied at the end of the engagement.

Over the years, the freelancing market had evolved such that platforms focus more on reviews and ratings as the metric to measure quality. These metrics work well when the service provided by a worker is commoditized, replicable but not when the service depends hugely upon the type of skill and expertise of the freelancer. This realization led us to start Flexiple as we only decided to have the “best” freelance developers and designers as a part of our community.

We figured that while such platforms did exist outside India, a lot of them were pretenders as building such a platform requires a very patient state of mind during execution, something that ventures capital-funded businesses find Sorry, you need to login and/or become a member to view the rest of this content.

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