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The Foolproof Guide to Outsourcing, for Entrepreneurs

The Foolproof Guide to Outsourcing, for Entrepreneurs

This era is the time when entrepreneurship is easier than ever. The increasing flow of enterprising individuals entering the entrepreneurial space has presented more challenges that are vying for attention.

One of the main challenges has been finding ways to make entrepreneurs more productive.

Decades ago, the traditional way to fix this problem was to hire employees. It is still a great solution for medium and large companies. However, most of the new entrepreneurs entering the business sectors are startups.

Most startup companies are bootstrapping or trying to run a lean business. These companies have a staff of less than half a dozen people and have likely held a prior work or personal relationship before going into business together.

Even with a team of six people, day-to-day operations can still be overwhelming for a small business to grow rapidly.

For example, startups are always trying to get mainstream publicity and often hope to get it for free. Would one person be enough to score features from several popular publications in a short period?

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If not, would two people dedicated to public relations be enough? What about customer service, accounting, marketing, or raising capital? Will the company have enough time to address those areas adequately?

Such a business needs a strategy that will maximize their productivity without allocating more time to projects. With companies like AirBnB and Uber, it has been becoming more important to utilize leverage in this economy.

AirBnB owns no real estate, but they created a rental platform that allows them to leverage other people’s property. Uber is another example. They started out with a taxi platform that has enabled them to leverage other people’s time — people who desire to be taxi drivers, providing their own cars.

Moreover, leverage goes farther. All of us know that there are only 24 hours in a day. So, why are not more entrepreneurs coming to the realization that outsourcing can make them more productive?

Perhaps, some entrepreneurs are aware of the benefits of outsourcing. Although, I can only wonder what is stopping them from adding it to their business.

I would presume that the culprit is ignorance. Most people know about outsourcing, but they do not know where to start.

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First, it is important for the entrepreneur to know and plan which areas of their business are better suited to be outsourced to an agency or group of freelancers.

There is no doubt that there are parts of your business that you would prefer not to do, whether it is due a lack of competency or interest.

Why spend days or weeks working on tasks that are simply frustrating for you? Would it not be better to outsource those things to someone who has a track record of delivering superb results?

You have options! You can choose to hire from freelancers’ platforms like Upwork or hire an agency like Infintech Designs.

Second, careful consideration should be given to determine if it would be in the best interest of the business to outsource locally, nationally, or abroad.

Many entrepreneurs may overlook this one because they feel that it is not that important. It varies from business to business.

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If your business is based in the United States and looking to outsource customer support staff, it would be best to hire local, native English speakers. Otherwise, hiring an agency who have foreign English speakers may dissuade customers, due to communication problems.

Lastly, it is pertinent to consider the qualifications of potential freelancers or staffing agencies. This will be your most important step that will make or break your business.

Many startups will often try to find cheap talent to work within their budget. There is nothing wrong with being budget conscious, but it should never be at the expense of quality.

If you want to grow your business as fast as humanly possible, then you need to find a way to multiply your efforts. Some software applications like HootSuite can be helpful for managing your social media. However, software does not solve all of the problems that may inhibit the growth of a business.

Often, entrepreneurs get stuck working in their business rather than on their business. It is this very premise, which determines the speed of growth of a company.

Social media is important, but it can overwhelm you from focusing on other parts of your business.

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Entrepreneurs need to return to the realization that they cannot do it all themselves.

While having a small staff can make things slightly easier, it is best to have them focus on areas that are congruent with their strengths. Anything else of importance should be outsourced to competent professionals.

In an era where competition in the entrepreneurship sphere is high, it is pertinent to maximize productivity by leverage other people’s time.

As an entrepreneur, outsourcing is your most important form of leverage. If you want to grow your business fast or even put your business on auto-pilot, nothing will be more important than outsourcing.

Featured photo credit: Geralt via pixabay.com

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Kallen Diggs

Bestselling Author / Magazine Editor / Syndicated Radio Show Host

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Last Updated on June 19, 2019

8 Life-Changing Skills You Can Learn in Less Than 6 Months

8 Life-Changing Skills You Can Learn in Less Than 6 Months

Everyone has the ability to learn a life-changing skill not just this year, but in the next 6 months.

By life-changing, I mean something that can have a positive impact in your life moving forward, even if it’s something you can’t envision today. Certain skills we can immediately reap the benefits of, while others will be life-changing when we least expect it.

In this article, we’ll share 8 life-changing skills you can learn in 6 months, where you can learn them, and how you can get started today.

1. Speed reading

Bill Gates has been known to state that if he had one superpower, it would be the ability to read faster. What Bill and the rest of the mega-successful understand is that knowledge is power. The ability to process information faster from books, articles, and reports is what will help us learn faster, and therefore improve each aspect of our life faster as well.

Where you can start learning: Speed reading courses are becoming more popular, as more people realize how important it is with the limited time we have. You can check out free courses like Read Speeder or you can start learning how to use Spritzlet, which allows you to speed read articles online with a browser extension.

2. Public speaking

Research shows that people fear public speaking more than death itself. There’s something terrifying about being in front of dozens or hundreds of people, and exposing yourself completely. It’s when you’re most vulnerable, but learning how to public speak is a life-changer.

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Warren Buffett has given advice to recent graduates that the number one skill you can have to succeed is public speaking skills. Everything from communication, confidence, and sales is developed when you develop your public speaking skills.

Where you can start learning: Luckily, there are great communities out there like Toastmasters that organize local meetups all around the world. You’ll find amazing public speakers that are looking to get to the next level to beginners that are just getting started. Check out Toastmasters’ website here.

3. Spanish

As the third most spoken language in the world, the ability to speak Spanish will allow you to reach over 500M people around the world. No matter where you live, knowing how to speak Spanish is becoming increasingly more important, with the Hispanic population and economy spreading quickly worldwide. If you’re living in the US, this is even more important, with over 30% of the population being Hispanic.

Spanish is also on this list, because it’s one of the easiest languages to learn. Sure, Mandarin is an important language to learn, but it’s an incredibly difficult one to learn. If we were to measure the level of importance and the time to learn for all the languages available, Spanish would make it to the top of the list.

One of the biggest reasons why people never reach fluency in any foreign language is: using the wrong method, and lack of time.

It turns out that humans retain only 5% of what we learn from lectures, 20% of what we learn from apps (visual cues), and 90% of what we learn from immediate immersion. Yet, how do 90% of learn a new foreign language? Language schools (lectures), books, Duolingo (apps), etc that don’t provide the real-life immersion required for our brains to learn faster.

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Where to get started: If you want the most effective way to learn a language, learning from real-life interactions is the best way to do it. There are great websites like Rype, which offers Spanish coaching for busy people, solving the issue of lack of time and bringing real-life immersion to your screen. With Rype, you can book as many lessons as you want, at any time of the day, any day of the week, allowing you to fit it into your schedule, no matter how busy you are.

4. Accounting

If you’re looking to get into business, accounting is one of the core fundamentals you’ll need to succeed. While you don’t need to be an expert, you definitely should understand the basics.

This skill can also be used to manage your personal finances, to meet your financial goals, and having more control over your life.

Where to get started learning: If you didn’t learn accounting in school, no worries. You can either teach yourself using books, or check out free accounting courses online.

5. Microsoft Excel

Most people reading this probably have a basic understanding of Microsoft Excel Spreadsheet. While this is a good start, there are so many powerful functionalities that are hidden, which could make your life a lot easier.

Excel is also a great asset to have whenever you’re looking for a job, as many corporations rely on Excel to organize and manage multiple parts of the business.

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Where to get started learning: With the popularity of Excel, you can find tons of free resources and videos online to learn. Check out Excel Exposure, Lynda, and Excel with Business.

6. Blogging/Vlogging

Blogging is a powerful tool if you want to spread your ideas, build your brand, or grow your business. Since it was introduced, blogging has taken on a life of its own, and today there are ~2M blog posts being written on a daily basis.

Where to get started learning: Anyone can start blogging today. All you need is a content-management system like WordPress, which is completely free. Personally, I think the best way to start learning how to blog is to just start writing. There are techniques you can learn on how to promote your blog, but the best way to grow your blog is to write great content.

7. Weight training

Yes, weight training is a skill. It’s not as advanced as learning how to code, nor will it take as long as learning a new language, if you just want to learn the basics.

We’re not promising that you’ll get a body like Arnold Schwarzenegger, but you will see much faster results for whatever goal you have, just by understanding how to workout properly. And of course, when you’re dealing with an activity that involves physical strain, you’ll always want to caution yourself.

Where to get started learning: There are amazing body builders that are sharing all of their secrets for free on Youtube. You can check out Bodybuilding.com’s Youtube channel to get started.

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8. Photo and video editing

In the digital world that we live in, from Youtube, Instagram, and Facebook, there is no avoiding photos and videos. In fact, social media has increasingly gone away from text sharing and almost everything to photo and video editing.

Where to get started learning: For photo editing, you can use Photoshop. For video editing, you can use iMovie or Final Cut Pro. Keep in mind, there are dozens of editing software tools for video and photo editing, but what’s more important are your editing skills, not the tool itself.

Check out education websites like CreativeLIVE or Skillshare, where you can learn from experts themselves on how to best use design and software tools.

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