Scenario: "Dude, we want to grow our company with many employees. Yay!" You have two options when 'growing' your business: * a) increasing revenues * b) increasing employees Those crazy -- but well-intentioned -- people, thinking they have to be little kings in their frickin' little worlds, inevitably choose what? * Increasing employees. That creates a rigid organization that becomes super-difficult to move. It's like you're throwing twenty peeps in a VW, and heading for your destination. Unneeded Overhead = Sucks. ---------------------- Instead, start outsourcing those non-critical functions to be more flexible/adaptable -- and in turn, grow those revenues freakishly faster.
The Problem with Hiring for Everything
* You'll have to go through the hiring process. * Then, the training process. * Next, the management process. * Then if they suck: the firing process. Instead of growing revenues through more profitable ways, you're focused on that operational madness. There's a better way.
How Outsourcing Saves You $$$
No more: hiring masses of people, training them, then monitoring their progress -- ultimately, wasting precious resources. You leave it up to those outsourcing partners. When you outsource to independent firms, they're all-set-ready-and-pumped-to-rock for your company -- right now. * Need lead generators? You can readily set up a campaign by week's end. * Need custom software built? You can recruit a high-flying team by tomorrow. * Need a pretty website? Get a fan-tab-ulous one in two weeks. * Yadda, yadda, yadda. You'll save massive time getting what you want.
And if some contractors/outsourced-firms sucks?
The minute some firm underperforms/sucks, you can dump it instantly. Instead of losing several months of productivity/resources/$$$, you lose a fraction through outsourcing.
How Outsourcing Helps You Grow
Consider two firms: Firm A vs. Firm B.
Firm A has its own customer service department, a team of programmers, IT folks, accountants, and assemblers. How long would you say Firm A has existed? Probably decades: it likely took years to train a high-flying customer service team, hiring and managing programmers, recruiting knowledgeable IT folks, attracting those accountants, and building systematic processes for the assemblers. Now, consider:
Like the first firm, Firm B has its customer service department, a team of programmers, IT folks, accountants, and assemblers. Yet, Firm B assembled that team within months -- through outsourcing those functions: * It got its 50-person customer service department through the Yellow Pages. * It built its website using a Silicon Valley design firm. * It got its accountants through a local firm. * It took care of their IT support through GeekSquad. * It got its assemblers through a fulfillment company. Instead of expending resources over decades, Firm B saved astronomic resources, money, and freakishly good time.
And, oh: it doesn't just stop there. Oh no.
- Because of its flexibility through outsourcing, it can choose better providers instantly if some partner ain't performin'.
- It can grow its team even stronger, and sexier; by outsourcing, it can pick up a top-flight team of hundreds within days -- without hiring, training, and managing.
- With its flexibility, Firm B can/will see that exponential growth in revenues.
- Meanwhile, Firm A -- if it's trying to grow revenues -- will move in an unfortunate linear fashion as it tries to keep every-little-frickin'-thing together.
When to Outsource
- You truly cannot be the absolute best at something.
- Some function lies at the bottom of your company's profitability scale.
- You can grow revenues quicker through a outsourced partner.
You'll make your company more flexible, and adaptable to grow those sexy revenues. Whenever possible:
Outsource like a mofo.
Posted on May 15
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