Invest in Mylance: The one-stop shop for the independent workforce | Wefunder

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A Future Equity Agreement (SAFE) gives you the right to future shares in the company. If you invest, you're betting the company will be worth more than $10M eventually

What's the Mylance vision?

Mylance is building the "business in a box" for independent workers. Mylance will be the one-stop shop to market yourself as a consultant, including access to projects, a supportive community, and the products needed to remove the admin burden

What problem are you solving?

Today, 48% of an independent consultant’s time is spent doing non-earning, admin activities that include 1) Lead generation and 2) Back office admin, leading to millions of wasted hours each year

Back office admin: includes invoicing clients to get paid, bookkeeping to correctly categorize the transactions, estimated tax calculations to pay taxes 4 times per year (yes this is required for a freelance consultant), tax filing, time tracking for clients billed hourly, and signing and maintaining mutually agreed upon client contracts

Lead generation: to find clients, a consultant needs to communicate their value well, network with dozens of "leads," scope out a project, negotiate a good deal, and sign an agreed upon contract. Of the 48% of non-earning hours, this takes up over half of their time

How big is the market?

In 2019, US Freelancers brought in $1.2 Trillion in gross revenue from a combined 59 million US workers. Further, 45% of those are "skilled" talent. This market continues to grow every year, and as a result of COVID, 12% of the US Workforce freelancing during 2020.started

Who's the team?

Our team, led by CEO Bradley Jacobs, combines tech and independent consulting experience from Uber and Dropbox where we've launched new business lines and built them up to over $1B in value. As a team, we've experienced freelance challenges first hand, we’re passionate about the independent life, and we have the grit to win in an attractive space

What have you built thus far?

In our first year of business, we bootstrapped to $70k in revenue, enabling us to get close to our customer and jumpstart our community. We acquire customers through our coaching offerings, and then convert them to our subscription offerings

Our goal is to hit a $1MM revenue run-rate by end of 2021, combining revenue from our Bootcamp, Bookkeeping subscription, and additional subscription offerings coming this year!

Who's Mylance's target customer?

Tech professionals with 5-15+ years of experience who have built up successful start-ups or worked for brand name companies

They're in a major business function including Operations, Product, Marketing, Business Development, Sales, or Strategy

Start-ups pursue these roles at a high rate, and these folks are currently underserved as independent consultants today, unlike Engineers and Designers

What sets Mylance apart?

What is the Mylance product vision?

What are Mylance Customers saying?

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Mylance is testing the waters to evaluate investor interest. No money or other consideration is being solicited; if sent, it will not be accepted. No offer to buy securities will be accepted. No part of the purchase price will be received until a Form C is filed and, then, only through Wefunder. Any indication of interest has no obligation or commitment of any kind