Outsourcing is a business practice in which a company hires another company or an individual to perform tasks, handle operations or provide services that are either usually executed or had previously been done by the company’s own employees.
Outsourcing started in the early 2000’s and was quickly hailed as the ultimate way to do business. But even though it’s popular, they often still struggle to take the next step and actually outsource!
Learning to let go and delegate
To some business owners, letting go of micro managing their Company is difficult, the initial difficulty they face is learning to trust someone else. When they’ve got this far in their business by doing everything alone, so it’s understandable that they may feel apprehensive about letting go a bit. If they’re used to controlling everything, it can be really difficult learning to let go. The guilt can play a part too, of leaving their “baby” (their business) in someone else’s care.
It’s also natural to feel guilty and nervous about bringing in extra support, it can be a real leap of faith to sharing ideas and plans with another person – let alone trusting them to work on those things that you worked hard to build all these years. And there’s the dilemma of working with them from ten thousand miles away is another scary thought!
Lack of understanding on how Outsourcing works for their business
There’s the initial lack of understanding over how the whole concept of hiring a VA works. There’s also issues they may face over culture, language and time zone. Then there’s the uncertainty over a VA’s qualifications and skill set, along with what can and can’t be outsourced – not to mention whether the VA can actually do what the business owner is hoping they can do…
The delegated tasks will not be done well and completed on time
They are afraid that the help are they looking for, in terms of skills, needs and timescales will not be met by the VA thus having the risk of hampering their operations further.
Getting past the fear of outsourcing is the first step towards making your business as efficient and cost effective as it can be. Remember, it’s all outsourcing unless you do it yourself, and doing it ALL yourself isn’t an option in this fast-moving business world. You should also realize that a vast majority of successful people, both online and off, use outsourcing as a fundamental part of their business strategy.
Outsourcing can be accomplished effectively if you find the right people for the job. In order to get past your fear of outsourcing, you have to understand how outsourcing and working with a VA works for you.
Jot down every single task that you do yourself, or that you have an in-house employee do. How much time does it take to perform these tasks? How much would it cost to outsource? When weighing the time, it would take to the amount it would cost, remember that your time is far more valuable than money.
“Your time is worth something. If you truly hate a certain task—whether it be grocery shopping, cleaning, or anything else—why not outsource the task so you can spend those hours with your family, or working on a personal project? It’s a case where money can actually buy you happiness and reclaim one of life’s most limited resources: your time.”– Whitson Gordon, editor in chief of Lifehacker.com
Stressed out and dazed? Is your business suffering because of lack of time and focus? Are you looking to gauge what you do now to a greater level? Then, I recommend you try outsourcing!
If you have any questions about outsourcing, please ask them below!
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Contributor: Catherine Mananquil
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