Freelancers Are Becoming Founders

Previously, people used freelancing platforms to bid on projects and work for clients.

But things are changing.

These platforms are flooded with freelancers.

Many of the people who previously hired freelancers to build prototypes are now vibe coding it.

So, what's next for freelancers?

A lot of them have multiple product ideas, but they are not working on it.

Some are already busy freelancing and making money.

Some are scared of company registrations, payments, taxes, compliance, etc.

And some start building, don't make money quickly, and lose interest.

As freelancing changes, I think we are going to see more freelancers choosing the founder path and building their own products.

But building the product is only one part of the journey.

Once they start thinking about monetization, they run into another set of problems: business setup, payments, subscriptions, taxes, compliance, and so on.

Earlier, Stripe was the default option for almost every product looking to monetize. But it generally requires a registered business, and access can also vary depending on the country. Like India and a few others, Stripe is not directly available.

AI has actually removed the friction of building a product, but monetizing it is still harder.

If you are starting your first SaaS or AI product today, Kelviq helps you monetize without having to deal with much of the friction around business setup, payments, taxes, and compliance.