Face it, no matter how talented you are as an entrepreneur, you can’t do it all. While that might seem quite untrue and far from reality (I mean, you may appear like you can make a thousand things happen within minutes at the moment), it isn’t a myth.
Most entrepreneurs these days have great skills and excellent abilities, but their business still isn’t growing, as it should. And yeah, the reason is not far-fetched—they try to do it all. Doing every and anything as a business owner is no good strategy, and that’s why outsourcing is a must.
In this post by Joshua Paul hooks, you’ll learn how to build a better business with outsourcing and why outsourcing is imperative to business growth. Enjoy!
To start with, outsourcing is not a strategy for large firms or big businesses alone. The advancement of technology today has made it possible for even small businesses to outsource and find professionals to handle their tasks from anywhere in the world.
Starting out with outsourcing could be somewhat demanding, but it sure helps. In the words of David Walsh, a small business outsourcing expert, ‘Small business, augmented by a global pool of human capital, can compete directly with the biggest players in their space, and win”. This goes a long way in showing how much a business can achieve with outsourcing.
There’s hardly any task that cannot be outsourced today. Regardless, not all tasks should be outsourced. That you don’t feel up to a task or you are simply worn out doesn’t mean you must outsource. Certain tasks, like background employment checks or so, might be too sensitive to be outsourced.
Before Outsourcing, Joshua Paul hooks suggests you consider your business and check out your core values and strengths. A product designer, for instance, should not outsource any task relating to its internal talents or design activities. That could cost him a lot of customers.
Tasks that are best outsourced are those that fall under any of the highly skilled, or executive, expertise, highly repetitive, or specialized knowledge categories.
Once you are certain you’re working with the right person, the next thing to do is spell out what you actually want. But while at it, keep in mind that finding the right person depends solely on which performance metric is important for your about-to-be-outsourced task. While some outsourcing providers place a the premium on quality, some focus on speed—and that at the expense of quality. It is required that you have a clear and potential conversation with your potential contractor to avoid any future mess.
Now there is a big misconception that only large-scale top dogs need outsourcing, that’s a very wrong Ideology, from large-scale to medium-sized businesses and small-scale businesses, Outsourcing is a practice that should be well-knit into the fabrics of their business. All sizes of business will benefit greatly from outsourcing, in fact, as a small-scale business, you gain more from outsourcing, you don’t need to worry about large payrolls and huge IT infrastructure while getting the job done, the rate of productivity will also, increase, this will reduce some level of stress on your in house staff, people tend to be more productive when they are under less stress.
Finally, step back and relinquish control: This is where a lot of entrepreneurs miss it. Yours is to state your expectations (and that so clearly) and not to get into every process involved in the task execution. Doing so might turn your members off and limit their abilities on the task.
The whole point of outsourcing is lost if you’re going to be a part of every process. Trust your members and allow them to do the job.
Originally Posted: https://joshuapaulhooks.wordpress.com/2021/02/19/build-better-business-with-outsourcing/
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