The premise behind BuzzHire is simple enough – create a marketplace that brings freelancers together with businesses seeking short-term workers.
Since 2015 BuzzHire has been generatimg a growing supply of flexible workers for startups across London, and even counts gig economy success story Deliveroo as a client. The platform is able to supply temporary workers in just a few hours, with a rating system that will be familiar to any user of Uber’s taxi app.
By responding to both the demands of freelancers and contract workers as well as the companies dependent on flexible employment, BuzzHire has changed the way short-term work is accessed in the UK capital.
Business Advice sat down with co-founder Nick Miller to learn more about the technology powering the platform and find out what it takes to stay ahead of the competition in a burgeoning sector.
Who are you and what’s your business?
I’m Nick Miller, co-founder and CEO of BuzzHire. We make finding temporary staff or work easier, quicker and more transparent.
Our smart tech is changing the way people work and allowing tens of thousands to better manage their flexible work schedule.
How long have you been around for?
We launched the site and apps in August 2015.
How do you make money?
For an employer to sign up and post a job is free. We take a small commission (clearly displayed on checkout) for every successful shift that is completed by one of our Buzzworkers.
What makes you different and why should people take notice?
The world of work is changing, with many more people opting for flexible freelancer or contract work.
As the new generation enter the workforce, their desire to dictate their own schedule along with their reliance on smartphones to manage many aspects of their life, will result in the need for an app to connect them quickly with relevant work and enable them to manage their multiple employers.
We use proprietary technology to match people with the perfect companies for them, ensuring better experiences for both parties.
What was key in terms of getting started?
In the fast moving tech space it was important to get the seed investment required to build this innovative platform quickly. The process of raising funds always takes longer than expected, so securing this quickly was key in really speeding up our launch.
What’s your biggest achievement to date?
Completing 15,000 successful shifts in our first year.
What setbacks have you had along the way?
We’ve had a fair amount of new competition enter the UK market from abroad, with very healthy institutional funding which has changed the dynamic of the industry we’re in and heated up the race for growth.
Aside from that, there are daily setbacks most startups face, such as hiring new talent, maintaining high quality service as you grow, raising new funds, and many more.
In five years’ time, I will be…
In charge of a company that is changing a global industry and bringing value to millions of people by offering transparency and ownership of their time.
What one tip would you give to others starting out?
Keep at it. Starting a business will be harder than you imagine, those that stick with it will be rewarded.
Who are your business heroes and why?
Elon Musk for his extraordinary ambition and vision. Steve Jobs for his attention to detail and his unwavering focus on quality. Richard Branson for his courage to take on large incumbents across various industries.
Find out more about the regulatory burdens hindering the success of freelancers
Sign up to our newsletter to get the latest from Business Advice.