Posted on : 16-05-2012 | By : stargaterich | In : Internet_Marketing
Tags: farm out, outsource, outsourcing
If you wish to bring your Internet marketing business to the next level then you ought to consider outsourcing. What is outsourcing? In a nutshell it refers to engaging another company service or contract individual to do a particular work.
Most established and successful online business marketers leverage on of benefit of this strategy to free up more time so that they can focus on critical aspect of the business such as exploring new markets, increase sales, establish and forge good ties with customers and last but not least spend more quality time with family and loved ones.
Many folks become disillusioned and give up the opportunity to make money online because they ended up working longer hours, struggling and coping with more stress than their previous nine to five job. The barrier entry to start an Internet business is low in terms of capital investment but it gets very difficult to sustain and keep it profitable unless you have others to assists you in some of the projects.
When you first start an online business, you probably try to do everything by yourself. It is good to get some hands on experience with the basics such as getting a domain name, hosting, set up basic website, create a blog and so forth so that you can learn the business inside out. Once you become familiar with some of the strategies and tactics, you can start to consider outsourcing some of the work.
On the other hand, it might take you longer to to jump start your business and get it going if you must and insist on doing it all by yourself. As the saying goes, the first step is usually the most difficult and if you do not have persistent and determine to move out from your comfort zone, you might just give up half way through.
Have you ever wonder why some folks are able to create, launched and promote their very own digital products particularly software products within a short time span? The heck, some of these fellas don’t even know basic programming at all. The answer is obvious, these people don’t actually create the product themselves, rather they hire or contract third parties to develop the product for them.
A good outsource company or person can save you much time and made you thousands of dollars. As your online income grow, you should invest some of the profit back into your business. Engage the services of others to create even more profitable and competitive products to sell.
Focus your time and effort into those areas that you are really good in, strategy and goals. Outsource tasks that take too much of your time or those you are not really familiar to the experts.
You can visualize this strategy as some sort of means to clone yourself; to get more tasks completed in shorter time frame by leveraging on external resources and expertise . Contracting projects is a common strategy for both online as well as offline businesses.
If you need to be on site or personally involve with every single gritty details of your business operation you will soon quickly burn yourself out. No one can be expert in everything. There is only so much you can do within 24 hours.
Robert Kiyosaki’s famous four quadrant of Rich Dad Poor Dad book highlighted the important of owning and working on a business rather than in the business. There is nothing wrong being self employed like doctors, chefs and etc but you are trading your time for money.
You can work a lot more smarter, double your productivity, income and halve the amount of time spend on work by getting others to do the bulk of the tasks. It might seem expensive to hire someone to get the job done however the return could be such that for every single dollar you invest in outsourcing you might get twice the amount back in profit.
In summary, outsourcing is one of the most efficient and simplest method to convert one hour into ten and to get ten times as much achieved inside of that hour. Practically almost anything pertaining to your business can be farm out. As the saying goes, space we can recover, time never.
You have to think and work like a CEO and focus your time in mid and long term business strategy. Leave the detail and low level task executions to outsourcers which can do a better job for considerable less amount money.
- 5 Benefits of Outsourcing (virtualneighbour.wordpress.com)