Outsourcing works very well for businesses because it takes a lot off their shoulders. If you have not tapped on it, you probably should soon! Alibaba, Google, Slack, WhatsApp and many other big guys outsource their work and grow their business at the same time.
Is the scenario above familiar in your everyday work life? Does your business have a lean team that aims to pursue every potential opportunity?
Eventually, your team will be unable to focus on growing the business as non-important functions vie for time and demand skillsets your team may lack.
How then can businesses improve and achieve more?
When models walk on the runway, they are judged entirely by how they look and strut in their outfits. The attendees don't really know them, but they know the models are good at their jobs because they are chosen to walk on the runway and exude confidence. One gig leads to another, models who walk the stage contracted by big brands.
To outsource or not, that is the question
With the benefits to gain from outsourcing, nobody can blame you for treating it as a business cure-all. After all, what better (or appealing) solution is there than having someone to handle your challenges? However, understanding when to outsource is the first step to gaining a competitive advantage with it.
Here's some guideline to help you decide when you should outsource to a freelancer (i.e. when you want the effortless way of getting results):
As much as we like our freedom and flexibility to choose work and work anytime and anywhere across the globe, there are also a few downsides of being a freelancer. Paying attention to these downsides such as irregular income, late payments, disputes with clients and more, is crucial and can potentially break your career as a freelancer (and dragging yourself back to a 9-5 job).
Did you know that more than 36% of the US workforce is part of the gig economy? And what about Singapore? Before we get there, what is the gig economy that everyone has been talking about?
Like many of us, you're probably managing several projects at once (some of them could be your scope of work) and still saying 'yes' to your boss or client. (I can really empathise.) It's part and parcel of every job.
Did you know that it takes an average of 29 days to hire someone through referral and an average of 55 days through a career site? Not to mention the time spent on administrative HR work and the long interview process.
What if you need someone to come in faster? Time is money in business, so what is the solution?