Electrical engineer Femi Taiwo and his team developed the online system after a bad experience with a freelancer who didn’t deliver what was promised.
The TERAWORK platform lets users commission, brief, manage and pay freelancers working in a variety of fields - from software development to accounting, marketing, writing, design and more. This allows businesses to hire part-time skills that are not part of their core service or product, giving the business financial flexibility when it’s still growing. It also increases the field of available talent by allowing customers to work across large distances, an increasingly popular option as remote working becomes more accepted.
Commissioning customers looking to hire a freelancer can see a range of potential contractors’ portfolios, experience, reference projects and performance on the TERAWORK platform. This includes their job completion rate, customer ratings and reviews, and their costs.
For freelancers, the platform provides a more secure method for selling services, with all users vetted before being uploaded, and payment from commissioning customer to freelancer ensured once all parties are satisfied with the work done.
Up to 90% of TERAWORK commissioning customers to date have been small to medium-sized businesses and entrepreneurs, demonstrating a real need for facilitated hiring of temporary skills among start-ups.
“TERAWORK gives entrepreneurs so much flexibility - you can hire fast, for short periods of time, with confidence in your consultant’s skills, and across borders, giving you access to a competitive market of skills. Freelancers get a secure client they know will pay up, and a way to demonstrate their portfolio and expertise. It’s a game changer for young professionals.”