I've recently been trying to pick up some part time freelance work to supplement my income and pick up a wider range of experience.
So first stop was elance.com/Guru.com and similar sites. Looking at the jobs it seems like around 90% of the bids were from individuals in India or the far east happy to work for $7 per hour. So I figured I could "compete on quality" , however a lot of the individuals I would be competing against had CS or design degrees (often from western universities) , 5+ years experience and portfolios full of slick looking corporate websites. Besides, at the rates on offer I figured I'd have to complete at least one fairly large project a week to match my current salary and I'm not confident about producing quality on those kind of deadlines.
Most of the project descriptions were also either extremely vague (I want a website), impossible (I want a website, must be #1 on google for <competitive search term>) or possibly illegal (I want a keylogger, must not show up on AVG).
It also seemed like a lot of the bids came from various outsourcing companies who had a bunch of different skills in house and providing 24 hour coverage which would kill my timezone advantage (besides a lot of buyers were in the US when I'm in the UK or were in India/Far East themselves).
Looking at the profiles of freelancers from the US/UK etc , most of them appeared to have never won a project despite being on the site for over a year often.
So I gave up on that and figured, "It's all about networking right?" so I attended a local business networking event for "entrepreneurs". First bad sign was after sitting down and introducing myself to the lady next to me, "what do you do?" , "I build websites , computer software and mobile apps" , "wow, you TOO".
Everyone there who wasn't a freelancer of some description desperate for business was either a recent university grad full of enthusiasm, bright ideas but no funds at all or some small mom and pop operation who were stressed out about meeting their mortgage payments that month and absolutely not looking to drop a chunk of change on any kind of bespoke software.
Now I'm sure there are people out there with money to spend, but they are probably hiding behind an army of secretaries etc. Besides even people with money are looking to save it, and there are plenty of monied businesses like investment banks etc who are still offshoring all of their dev work.
Any bright ideas on how to break through this firewall?