Nima Moktan, the founder of Freelancer Bhutan, had been working in a private company before he decided to embark on a new career path. However, he found himself dissatisfied with his job and was looking for new opportunities. Around the same time, the Ministry of Industry, Commerce, and Employment (MoICE) previously known as MoLHR, announced a training program on Online Freelancing. Intrigued by this opportunity, Nima joined the training program to learn more about the field.

As he started learning more about online freelancing, Nima began to realize that it was an ideal platform to showcase his skills and earn a good income. He started getting projects through online freelance portals and worked as an individual freelance developer for over two years. During this time, he gained valuable experience and built up a solid reputation in the online freelancing community.

As Nima’s responsibilities grew, he encountered difficulty in handling everything independently. Consequently, he made the decision to enlist some of his like-minded friends who were also interested in online freelancing. This led to the establishment of Freelancer Bhutan, a business that specializes in delivering top-notch online freelance services to clients worldwide.

Freelancer Bhutan is a professional IT firm located at Startup Center, Chamzamtok, Thimphu that offers a wide range of services to meet the needs of its clients. With a team of experienced and skilled professionals, they specialize in providing cutting-edge solutions in various areas of IT, including web development, graphic design, mobile app development, and software development.

At Freelancer Bhutan, they are committed to delivering high-quality services that meet their client’s requirements and exceed their expectations. They work closely with their clients to understand their needs, offer tailored solutions, and ensure timely delivery.

However, before the business could reach its current level of success, it faced two major challenges that needed to be overcome. The first challenge was related to funding issues. They were struggling to raise enough capital to fund their operations and grow their business, which was hindering their ability to expand and reach their full potential.

In an effort to address this challenge, they decided to explore angel investment as a potential source of funding. Unfortunately, this approach did not yield the desired results, and they were not successful in securing the investment they needed to take their business to the next level. As a result, they turned to loans as an alternative means of financing. Although taking on debt was not an ideal solution, it allowed them to secure the funds they needed to keep their business afloat and continue to pursue their goals.

The second challenge they faced was related to building the right team to help them achieve their objectives. Initially, they struggled to find the right full-time employees with the necessary skills and experience to contribute to their business in meaningful ways. To overcome this challenge, they began to explore other options, such as hiring freelancers, contractors, and consultants. By using more flexible and cost-effective staffing arrangements, they were able to assemble a team with the diverse skill sets and expertise they needed to tackle their most pressing business challenges.

Nima Moktan believes that entrepreneurs should have a clear plan in place before starting their business. This includes their goals, target market, pricing strategy, marketing plan, and financial projections. A well-thought-out plan will help entrepreneurs stay focused and make better decisions along the way.

He also suggests that entrepreneurs should look for opportunities to solve a problem or fill a gap in the market. This will help them create a product or service that people actually need and want, which is crucial for success. In addition, he emphasizes that entrepreneurs should prioritize their customers’ needs and satisfaction, listen to their feedback, and make changes to improve their experience whenever possible.

Nima Moktan considers an entrepreneur to be a risk-taker who sacrifices everything to solve the existing problem or create new opportunities in the market.

Jabchor has been an invaluable resource that has provided Nima Moktan with a wealth of knowledge and opportunities in both his professional and personal life. In terms of his professional life, Jabchor has been instrumental in helping him improve his business acumen and expand his network of contacts.

One of the most significant ways in which Jabchor has helped him professionally is by providing him with resources and tools to better understand business valuation. He has been able to learn about different methods of valuing businesses, including income-based, asset-based, and market-based approaches. With this knowledge, he can make more informed decisions when evaluating potential investments and opportunities.

As an entrepreneur himself, Nima believes that having a clear plan in place is crucial before starting a business. This includes having clear goals, identifying a target market, developing a pricing strategy, creating a marketing plan, and projecting finances. A well-thought-out plan will help entrepreneurs stay focused and make better decisions along the way.

Nima also advises entrepreneurs to look for opportunities to solve a problem or fill a gap in the market. This will help them create a product or service that people actually need and want, which is crucial for success. He emphasizes that customers are the lifeblood of any business, and entrepreneurs should prioritize their needs and satisfaction. By listening to their feedback and making changes to improve their experience whenever possible, entrepreneurs can create a loyal customer base that can sustain their business in the long run.

In addition to these pieces of advice, Nima acknowledges that building a successful business takes time, hard work, and persistence. Entrepreneurs should stay focused on their goals, stay positive, and not be afraid to take risks and learn from their mistakes. He believes that an entrepreneur is a risk-taker who is willing to sacrifice everything to solve existing problems or create new opportunities in the market. This mindset has been critical to Nima’s success with Freelancer Bhutan.

Looking to the future, Nima and his team are excited about the potential for Freelancer Bhutan to continue growing and expanding its reach. As the demand for IT services continues to increase, they believe that they are well-positioned to capitalize on these opportunities and take their business to the next level.

One of the key factors that Nima believes will contribute to Freelancer Bhutan’s continued success is the company’s commitment to delivering high-quality services that meet their clients’ needs and exceed their expectations. By working closely with their clients and offering tailored solutions, they have built a reputation for excellence in the industry, which has helped them attract new business and retain existing clients.

In addition to providing IT services, Nima is also passionate about giving back to the community and helping young people in Bhutan develop the skills they need to succeed in the industry. He believes that by offering training and mentorship programs, they can help create a pipeline of talent that will benefit both Freelancer Bhutan and the broader community.

According to Nima, Freelancer Bhutan, an organization in the field of Online Freelancing, “would like to take this opportunity to express its sincere gratitude and appreciation to all its valued stockholders for their unwavering support and commitment towards the growth and success of our company.”

The founder acknowledge to the Ministry of Industry, Commerce, and Employment (MoICE), Thimphu TechPark Limited (TTPL), Royal Monetary Authority (RMA), Royal Securities Exchange of Bhutan (RSEBL), Bhutan Chamber of Commerce & Industry (BCCI), Government Technology (GovTech) Agency, Loden Foundation, Bhutan Care Credit Limited, Druk Holding and Investment (DHI), National CSI Development Bank Limited, UN Development Program (UNDP), Corporate Regulatory Authority of Bhutan, and many more.

Nima said, “their unending support, guidance, and encouragement have been instrumental in enabling Freelancer Bhutan to achieve their goals and milestones,” adding, “Your trust in Freelancer Bhutan’s vision and mission has been a driving force in their journey towards excellence. They are truly grateful for the faith and confidence you have shown for Freelancer Bhutan, and they promise to continue delivering high-quality services that meet and exceed your expectations.”

Overall, Nima’s story is a testament to the power of hard work, determination, and a willingness to take risks. By recognizing the potential of the freelancing industry and leveraging his skills and expertise, he has built a successful business that is helping to shape the future of the IT industry in Bhutan.

By Ugyen Choden, Content Writer