Saturday, October 2, 2010

The Importance of Outsourcing and why YOU should do it

Good afternoon, haven't updated lately but I'll make up for it with an interesting post today about:


"The Importance of Outsourcing and why YOU should do it"


I hope you like the new layout for my blogs, I made the changes to reduce lag and make everything more visible, crisp, and sharpened looking.  Thanks for all the great comments, i'll be working hard soon after in replying and reading your blogs as well.



Without further ado, i'll begin....




What is Outsourcing


Outsourcing, in my own words, is basically hiring someone or letting someone do the work that you should not be focusing on, since time is valuable and you should be doing the things you are BETTER at.  Essentially, its sub-contracting work to a third party, whether it be Chinese workers packing cards for an American Casino ring, or phone companies hiring workers in India or the Philippines to complete their telemarketing aspect.


Outsourcing is a term that is frequently misused, and this is because it is a broad term and can refer to different aspects.  We won't worry about that though, this article is based purely on how YOU should do it in order to reap in benefits in your life.








What are the Benefits?


There can be a tremendous amount of benefits to both small business owners, and even larger businesses,  and even to someone who does not have a business.


If you are a great writer, but do not know how to market your writing online or to potential publishers, should you really spend hours on end trying to learn marketing?  Perhaps in some cases, it is good to have a general idea of the subject so you are not clueless, but not spend four years in university to get a degree in the field.


BUT the point of the fact is, in most cases you should find someone who can help you do the tasks you find mundane or difficult so that you can focus on what you are actually good at.


Efficiency is the key to success, and can also reduce the amount of work and stress for you.



"Fact is, you cannot do it all on your own either. No matter how much you like to think that you can do it better, faster and more efficiently than anyone else, the fact remains that you will eventually burn out. The worst number in any business is "1". Meaning, you never want to be the only one working in your business."












How Do I outsource?


You can do this in many ways, first by going online and doing research about the tasks that you might want to outsource to another firm.  These types of tasks could include: Human Resources, Accounting, Payroll, Budget, Logistics, Web Promotion, and many many more, depending on the nature of your business and specifically what aspects you want to reduce stress from.


Lets say you have a large website, with a lot of articles needing to be written, updated, commented, and more.  Would it really be worth all your time, hours a day, writing and doing everything yourself?  Even outsourcing some of the work to your pen-pal friend in Malaysia would help alleviate some of the stress from your shoulders.


Better yet, if you have a few dollars per hour to spare, you can actually find people online to do the work for you!  Of course, you get what you pay for in most cases, and hiring a 3$/hr writer from the the Philippines might not get as good results as an 20$/hr writer in California.  Some people charge based on the amount of words, and many other factors play in, but you get the idea.




Final Words


Even if you are still a student, and have yet to start or be involved with a business, learning the importance of gaining leverage through outsourcing the tasks you:






  • Stuff you're not good at doing or don't care for

  • Stuff you don't know how to do very well

  • Stuff you don't have time to do (since you should be busy with other things)

  • Anything outside of your brilliance/genius (meaning, everything other than the stuff only you can do in your business)




  • Thanks for taking the time to read this article, I hope you found something useful that you can apply later on in other aspects of your life!

    8 comments:

    1. i can see how outsourcing is beneficial

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    2. i heard about this guy who worked from his computer who moved to china and lived off $1 a day. He pretty much outsourced his self.

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    3. but it takes a lot of jobs away from americans.
      People are getting really mad at nike because they basically outsourced all jobs to china.

      ReplyDelete
    4. I don't have my own business, but I have outsourced my homework assignments to other people before. I suck at writing, so I'd have someone write up my essays for me in college. Of course I'd tell them what to write about and I'd give them an outline, so that I could focus on writing my lab reports and finishing my senior thesis/theses. Although I've never really though of it as outsourcing before.

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    5. if only i owned my own buisness now! haha

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    6. Outsourcing can be beneficial to the ones who are outsourcing or those getting the employment, but it destroys local industry and jobs quite often never return...

      ReplyDelete
    7. The problem is the system of communication (that can break down) and the loss of control. But then again, by so many pros, the cons are worth the risk.

      ReplyDelete

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