A MATTER OF TIME: The Value Of Outsourcing

There are only 24 hours in a day. Let’s say that on the average, a person will spend 6 hours sleeping and recharging his mental and physical faculties for the rigors of the coming day. This would leave him with 18 more hours by which he could do what he has to do, right? But things aren’t that simple. Say, 3 out of those remaining 18 hours are spent with the necessary stuff, like taking a bath and other grooming rituals, eating breakfast, lunch, dinner and other incidental snacks, and intermittent rests throughout the day. This would leave us with 15 more hours to spare.

But to allot those 15 hours to work exclusively would be inhumane. Certainly, some time must be spent on our social needs, like talking to or visiting a loved one, spending quality time with friends and family, or merely taking some time off to keep in touch with ourselves, something we all need from time to time. Say, we spend 5 hours doing these things. This would leave us with 10 more hours.

Now 10 hours is enough for a common employee, or even a businessman for that matter.But not for a successful Internet marketer!

This is a fact that you have probably realized during your experience in Internet marketing: time is gold in this industry. Time means money in this field. The difference between dozens of sales and a poor conversion rate, or the fabulous execution of a business idea and the fatal omission of an integral detail, can all boil down to a matter of seconds that were deprived from you.

Imagine what more you could do with those few seconds. A more mature deliberation of the choices that were presented perhaps, which might have led to a better decision? Or maybe more time to review a product before it was delivered, hence a better crack at customer satisfaction?

Imagine further if you had a few more hours to spare. You could have spent them on conceptualizing more moneymaking products. Or you could have developed more effective strategies that would have catapulted your business to the next level. Or you could have researched some new markets which you could have exploited for more profit.

Imagine even further if you had actual days saved. You could have branched out to other lucrative fields, created more products that could have raked in more income, devised new and amazing systems that could have built good relationships with your clients. You could have done a load of things with the time you spent dealing with the intricacies of your business all by yourself!

With each second lost, an opportunity goes down the drain. This is how valuable time is in Internet marketing. Let’s face it, as much as other sectors envy this field because we have the luxury of working out of the comforts of our own homes, they know little about the many sacrifices we have to make just to be successful at what we do. We are beholden to no fixed schedule, and with our drive to see our enterprise flourish, we, more often than not, end up spending most of the day cracking our noggins in front of the monitor, processing orders, writing eBooks, special reports and articles for our viral marketing campaigns, inventing new products to offer, processing orders, researching the newest trends, preparing content for our pages, writing entries for our blogs, contacting business partners, studying our website statistics, promoting what we have to offer, and a whole lot of countless other things. All of these can be so overwhelming that we are not even left with the opportunity to reassess where we are. Hence, we sometimes forget that we’re but one man (or woman,) and we can only do so much.

The thought of hiring some help may have crossed your mind at some point. However, some consideration stopped you from pursuing such a thought. You may have considered the idea a little expensive. Or perhaps you want a more hands-on approach to things that pertain to your business, a self-imposed quality control so to speak, that you can’t easily trust others to do the job that has served you well. Or maybe you just wanted things to be in their correct order. You wanted things to be done your way. After all, only we can pave our own way to success, and this road is so intimately crafted that you don’t want anyone else traversing it.

These are all perfectly valid reasons, of course, but here’s a food for thought…

Do you know that you’re actually losing some earnings because of your insistence on doing things yourself?

As we’ve discussed earlier, opportunities are lost every second that you are forced to stay away from other necessities of your business. These opportunities could translate to more earnings for you, if only you had the chance to pursue them. Sadly, with all the demands of having your own business, more so your own online business, these opportunities have become necessary sacrifices for the sustenance of your venture.

But what if there’s a way to make things work? What if there exists a method that would allow you to take care of the things you have to do, and to explore the things you want to do? Well, dear friend, there is a way, and it’s called outsourcing.

Outsourcing is defined as a method of hiring an outside service provider to perform specific tasks for you.

Yes, it’s like hiring an employee. The difference is, in outsourcing, you will only have to engage the worker’s services for the duration of the project instead of having to employ him for a certain amount of time. Additionally, the pay is usually pegged per project instead of the number of hours the worker actually suffers work.

I understand your concerns at this point. I know the reasons for your hesitancy. You’re thinking of either or all of the following things:

• My business isn’t big enough to warrant outsourcing.

• I still don’t know how outsourcing can help me.

• I don’t know where to start.

• I don’t know where to look for freelancers and telecommuters, more so, competent ones who would perform according to my expectations.

• I don’t know how to deal with these freelancers and telecommuters if ever I find them.

• I don’t know how much I should spend and I’m afraid that I might offer an amount that would leave me feeling ripped off.

On the Outsourcing Survival Kit we will tackle these things as we go along, and I assure you this, no matter how big or how small your business is, outsourcing will do wonders for your online venture. It all boils down to the matter of time.

Remember this: if you have the time, there is no reason why you would fail.

More than the convenience, more than the ability to increase the bulk of your work, outsourcing will buy you that time, and so much more!

Here are some the Benefits Of Outsourcing

• Outsourcing will save you more time that you can spend focusing on other matters of your business. Often, the operational demands just to sustain our enterprise would consume most of our time. By hiring someone to do the dirty work for us, in a manner of speaking, we will be able to free some time for ourselves to pursue other ideas.

• Outsourcing will allow you to expand your business. If you are afraid of extending the reaches of your enterprise because you might not be able to keep up with the workload, then contracting some of the tasks of your current and future businesses would most certainly make the expected demands more bearable. If two heads are better than one, four hands are most definitely better than a pair.

• Outsourcing will allow you to be more competitive. You’ll be able to produce more at a faster rate, and you’ll be able to drown your competition with the sheer number of quality goods that you’re going to churn out.

• Outsourcing, if utilized properly, can boost your income. You won’t have to turn down some customers because your workload cannot accommodate them. By contracting out specific jobs pertaining to your business, you’ll be able to free up enough time and resources to continue accepting interested parties.

• Outsourcing will help you streamline your business activities. You would be able to meet multiple deadlines. You won’t have to worry about the amount of orders coming in. By delegating the work to outside service providers, you will be assured that work will continue even when you’re not in front of your PC terminal.

• Outsourcing can help increase the quality of the goods or services you’re offering. One party who is forced to suffer so much work will not be able to produce consistent high quality results. By spreading the work, your business will be able to guarantee that the same level of quality can be offered.

• Outsourcing will boost the flexibility of your commercial enterprise. You will not be confined to the common limitations prescribed by existing resources. Outsourcing will supply you with the manpower as well as the time that is needed to adjust your business to changing demands.

• Outsourcing is cheaper than hiring an actual, regular employee. The law mandates that the latter be paid a statutory minimum wage. With outsourcing, however, you’ll be able to choose the right person for the job from a global market of freelancers and you can engage their services at lower rates, considering the substantially lower cost of living in other countries.

• Outsourcing will give you access to professional capabilities. There are some areas of your business where you may not necessarily be the best person for those tasks. Outsourcing will allow you to choose a freelancer whose field of expertise deals with a specific task, and this will result in the improvement of your business.

There are, of course, more benefits that outsourcing can provide. These are just the more popular ones. Outsourcing is a constantly evolving avenue, and the way things have shaped up in recent years, it has become a very viable option for businesses worldwide, whether they are small-scale or well established in their respective markets.

To learn more if outsourcing is right for your business please Use The Outsourcing Survival Kit.

This entry was posted on Wednesday, June 17th, 2009 at 10:18 am and is filed under eBooks & Reports. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.