Freelancing in Digital Media Entrepreneurial Opportunities

Small Business Trends By 2020, more than 40% of the American workforce, or 60 million people, will be freelancers, contractors and temp workers. Source: Intuit 2020 Report

Board of Governors Taskforce on Workforce There will be 6.3 million job openings in California between 2010 and 2020 Between 2010 and 2020, 60% of all job openings will be from replacements as Baby Boomers retire By 2020, more than 30% of California’s jobs will require a postsecondary career education credential, certificate, or associate degree Source: http://doingwhatmatters.cccco.edu/StrongWorkforce/Overview.aspx

Small Business Statistics According to the Kauffman Foundation, California’s small businesses comprise 98% of all businesses in the state and support 87% of total private sector jobs 1/3 of this workforce is employed in companies of less than 50 employees with limited infrastructure to develop their workers Approximately 75% of all U.S. businesses are non- non-employers

California Entrepreneurship Statistics California is 5th in the nation for entrepreneurial growth And 2nd for overall entrepreneurial activity Approximately 543,000 new businesses get started each month 52% of all small businesses are home-based Source:

Central Valley Statistics (2012-2012) " Skills Builder" data from Fresno City College shows Small Business and Entrepreneurship had highest wage gain (65%) 30% of Central Valley home-based businesses earn $500,000+

Top 10 Fastest Growing Freelance Opportunities PowerPoint Creation 35.4% + Accounting 23.3% + Report Writing 20.5%+ Illustration 19.9%+ Photoshop Design 19.4%+ 3D Rendering 17.3% eBay Auctions (listings & fulfillment) 16.2%+ Facebook Marketing 16%+ Sales 14.8%+ Android Development 14.8% Source: Forbes.com

California Entrepreneurship Statistics 15% of new businesses fall into these sectors: Professional Scientific Technical Services The top 5 industries are: Administrative/General Management Consulting Services Custom Computer Programming Services Engineering Services Offices of Lawyers Computer Systems Design Services Source:

Clearinghouses for Freelance Digital Media Work Small Business Trends Clearinghouses for Freelance Digital Media Work Upwork ( formally oDesk) Guru freelance.com freelancer circle.com bidsync.com (contract training)

Freelancing Trends Rich Pearson, SVP Marketing and Categories, Upwork, said when at Elance: "50% of freelancers are full time" and "33% get jobs through invitation” ( not directly applying)

World of Work Trends for the 21st Century “2013 will be viewed as a year of unprecedented disruption, with tectonic shifts in the design and manufacturing industries as they struggle to adapt to the unstoppable rise of crowdsourcing and 3D printing, but with disruption comes opportunity, and over the next couple of months there is a unique window for any entrepreneur with an innovative business model to build a billion-dollar company.” …..Freelancer.com CEO Matt Barrie

World of Work Trends for the 21st Century By 2020, more than 40 % of the American workforce, will be freelancers, contractors and temp workers…………………………..Intuit 2020 For many work will no longer be a place Freelancers will gain recognition as a segment of the workplace Teams of the future will be like movie crews Chosen based on specific results they can deliver Technical skill + “soft skills”+ experience = high value Global Competitiveness

Entrepreneurship as a Career Pathway The Entrepreneurial Mindset Start with: Where you are What you know How you can fill a need/provide a service Ask yourself: Am I self-motivated? Do I have experience? Internships/Work Experience How can I learn about what it takes to start a business?

Soft Skills = Essential Business Skills Top Ten 21st Century Skills (Essential Business Skills) Communication (oral and written) Collaboration (in person and virtually) Analysis/Solution Mindset (critical thinking) Entrepreneurial Mindset Digital Literacy Resilience, especially after failure Adaptability Social Diversity Awareness Self-Awareness Empathy Human capital is the best predictor of a region’s success…Taskforce on Workforce Source: New World of Work: 21st Century Skills through Entrepreneurship Education

Central Valley Stats Recent (May 2015) labor market data from the Central Valley indicated the baseline skills in job postings are: Communication skills (26%) Writing (18%) Organizational Skills (16%)

The Value of Experience According to Internships.com, 69% of companies with 100 employees offered full-time jobs to their interns in 2012. Recent studies show that: On average interns earn $6,900 more than non-interns for starting salary On average, only 30% of graduating seniors have job offers before graduation After completing an internship, that figure rises to 58% Source: Internships.com

21st Century Worker = Soft Skills + Technical Skills + Experience Technical Skills + Soft Skills + Experience Stackable Certificates Build “technical skills” Soft Skills = “Essential Business Skills” Entrepreneurial/Intrapreneurial Mindset = Soft Skills Job Experience in Field of Study Work Experience Job Shadowing Apprenticeships Internships

Dennis Mohle ICT/Digital Media Deputy Sector Navigator Central Valley & Mother Lode 559-321-5104 dennis.mohle@fresnocitycollege.edu Lorinda Forrest Small Business Deputy Sector Navigator Central Valley & Mother Lode 209-481-9605 lforrest@deltacollege.edu

Guest Panelists Andrew Shinn – Shinn Photography Mike Tringe – Creator Up Edgar Blunt – Career Pillar Peggy Bounyarith – Bolt Ether