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Entrepreneurs on Fire

Redefining Independence: Changing the Game for Freelancers with Rachel Renock

Entrepreneurs on Fire

John Lee Dumas

Business, Careers, Entrepreneurship

4.84.1K Ratings

🗓️ 9 November 2023

⏱️ 22 minutes

🧾️ Download transcript

Summary

Rachel Renock is the Co-Founder and CEO of Wethos, a platform which helps freelancers make more money by leveraging proprietary data to guide users on successfully pricing, executing, and billing their projects. Wethos currently serves over 80,000 freelance businesses and Renock has raised over $14M in VC funding for the company. She's been featured in Forbes, TechCrunch, Business Insider and the New York Times in pursuit of her mission to put more money into the pockets of independents everywhere.

Top 3 Value Bombs

1. Freelancing doesn't necessarily mean you're alone. The future of freelancing is collaborative, and if we can enable people to harness their networks to drive business growth, that's going to be a huge game-changer for this entire freelance economy.

2. Independence is like freedom. The freedom to choose what you work on, and who you work with. Even if you are teaming up and collaborating with other people, you do have that freedom.

3. A lot of the marketplaces that exist today for freelancers create this false competition, when in reality the natural behavior for this community is to collaborate, share resources, and help each other out.

Take the guesswork out of running your freelance business with Wethos - Wethos.co

Sponsors

HubSpot The HubSpot Sales Hub supercharges your sales process so you can find, track, and close deals all in one powerful, easy-to-use platform. Make the switch to HubSpot Sales Hub at HubSpot.com/sales.

FranBridge Many EOFire listeners have launched franchises in a variety of industries outside of food – and FranBridge Consulting has guided them to these premier opportunities Sign up for a free consultation with Jon - or get a free copy of his book, Non-Food Franchising - at FranBridgeConsulting.com

Policygenius Your family deserves peace of mind, and a life insurance policy through Policygenius can give it to them. Visit Policygenius.com to get your free life insurance quotes and see how much you could save

Transcript

Click on a timestamp to play from that location

0:00.0

Light that Spark Fire Nation, JLD here and welcome to entrepreneurs on fire brought to you by the HubSpot

0:08.0

Podcast Network, the Audio Destination for Business Professionals with great shows like Success Story Podcast.

0:14.0

Today we'll be breaking down how to redefine independence, changing the game for freelancers.

0:20.0

To drop these value bombs, I are brought to Rachel Renoch into Eophire Studios.

0:23.6

Rachel is a co-founder and CEO of Wethos, a platform that helps freelancers make more money

0:28.5

by leveraging proprietary data to guide users on successfully pricing, executing, and billing their projects.

0:34.6

Wethos currently serves over 80,000 freelance businesses and Rachel has raised over

0:39.2

$14 million in VC funding for the company.

0:42.2

And today for our nation, we'll talk about the origins

0:44.5

of entrepreneurship.

0:45.4

We'll talk about redefining independence,

0:47.2

changing the game for freelancers,

0:49.1

advice for aspiring freelancers, and so much more. And a big thank you for sponsoring today's

0:53.8

episode goes to Rachel and our sponsors. Business made simple hosted by

0:59.1

Donald Miller is brought to you by the HubSpot Podcast Network, the audio destination for

1:03.6

business professionals. Business made simple takes the mystery out of

1:06.8

growing your business. Join my friend Donna Miller each week as he shares

1:11.1

value bombs on topics like the secret to making better marketing decisions.

1:16.0

Listen to Business Made Simple, wherever you get your podcasts.

1:20.7

Many EEOFAR listeners have launched non-food franchises and Fran Bridge Consulting has guided them.

1:26.0

Fran Bridges founder and frequent Eof-Fire guest, John Austinson, has done more placements than any other in the country

1:32.0

and his service is free.

...

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