Successful IT Outsourcing

Starting a business is extremely challenging. It requires your commitment, time, money, continuous attention. While there are many periods in your business which are extremely tough, I find that nothing is tougher then the actually beginning, where you are continuously fighting to break even or even make a small salary for yourself. Considering that so many people fail in the business world it is a big risk to simply decide to quit your work and suddenly and give 6 months to try build and sell your product. This would be even harder with a wife and kids or other commitments. Well I could recommend an alternative.

About 2 weeks ago my friend joined me with the same problem. He said “sharon, I’m going to start my own company, but I’m simply not comfortable quitting his job. My friend had an 80K a year job and simply was not comfortable letting that go, but he was willing to work hard. It was a tech company and involved him building the product by itself. He had all the skills and knowledge to make this successful, but simply did not have the time. My suggestion was very simple let me find you the right programmer with the right skills required, and your job would be to spend 1 hour every day after work motivating him, guiding him and evaluating like a real boss. The full time qualified staff cost him about $6/hour which is about $1200/month. The great thing is now he has 8 extra hours of productive work for that extra hour he puts in per day. My friend is on his path to starting a company. He might need another assistant to work with him on marketing and building the site later, but within 6 months he might have a full productive company running and ready.

What I’m trying to say simply is this, you can start a successful company without taking a huge risk like investing big money or quitting your job. You should hire a full time remote staff which usually goes anywhere from a sixth to a third of North American salary. Micromanage your full time staff like it’s described in a few of my other blogs and you will be able to build a successful online company in no time.

Best of luck guys

My first few years of outsourcing experience

I’ll tell a story about the challenges I had in outsourcing
I was introduced to outsourcing and India about 5 years ago while I was still in university. I was actually building a small hosting company at the time, and an independent music site. I didn’t really have money so I thought about a grass roots alternative of building my site and providing 24/7 support. The first company I was introduced to promised full 24/7 chats and ticket support. When I had few clients, I have to say that the experience was decent. It gave me my beer money and provided me with good amount of experience. Once I ended up in university, I got new funding and started growing my company, and then my support needs had to change. My first challenge was that I did not have a dynamic team.. Read the rest of this entry…