The U.S. Federal Government set the minimum wage (as of 2017) at $7.25 per hour. These days it would seem very difficult to find someone to work for less than that.
However, thanks to the magic of the internet, there is a way to have people do much more than you think they would – and many times for as little as $5.
Yep, you can hire someone to sing “Somewhere Over the Rainbow” with a ukulele on the beach or even ask someone to make a short video of themselves dancing in spandex with a custom birthday message (um, we don’t suggest that one, though) – all for $5 each – it’s that wild (and weird)!
Although this isn’t what founders, Micha Kaufman and Shai Wininger had in mind when they founded Fiverr in February 2010, the concept is exactly what they wanted. They got to thinking: What if people can employ freelancers similar to the way we buy stuff on eBay or Amazon starting at just 5 bucks?
And voila, Fiverr was born.
Mind you, Fiverr isn’t…
JP Moses
is a real estate investor in Memphis, TN, with experience ranging from land lording to note buying, rehabbing, and wholesaling. However, wholesaling is the area that he enjoys most and where he bring the most experience and expertise to his students.