This outsourcing get more done in less time template has 4 pages and is a MS Word file type listed under our human resources documents.
OUTSOURCING: GET MORE DONE IN LESS TIME Outsourcing has become a popular way to have a service performed at a low cost. While many people boost their income by performing outsourced tasks for others, it might be smarter to be on the other side of the equation. There's much more income potential. If you're performing work yourself, you're ultimately limited by your time. However, if others are doing the work, you're only limited by your ability to manage all the moving parts. USING OUTSOURCING TO YOUR ADVANTAGE Reflect on these ideas for making extra income by outsourcing: Arbitrage. Arbitrage is an ancient concept. If apples on one side of the mountain are selling for $3/dozen but for only $1/dozen on the other side, it's quite easy to purchase them on the less expensive side and simply carry them to the other side to sell for a higher price. Consider the many services that outsourcers provide: article writing, graphics, voiceover work, YouTube video creation, website creation, and more. There are many online outsourcing platforms where you can find someone to do whatever work you desire: Fiverr, Upwork and Freelancer are just a few of the options. It's possible to find high quality work for very little money with a little effort. For example, it's not uncommon to find someone willing to build a website for $100. You can also find people willing to pay $1,000+ for a website. Simply assign the work and keep the difference. Do keep in mind however that the quality will differ. Imagine getting a bunch of clients that require a website and then passing the work on to a freelancer. The only real work you have is finding clients. You can hire additional freelancers as the need arises. Free up your time for more important tasks. If you're a one-person operation, you know how challenging it can be to do everything yourself. Besides making the product or performing the service, you have to market your business, find customers, handle sales, manage billing and collections, keep the books, and do everything else that a solo operation entails. It's rare to find someone that is good at all of the tasks that are critical to running a successful business. One weak link can limit everything else. If you dislike sales, there are people that can handle that aspect of your business for you. Think about all the tasks you do that would be relatively simple to teach to someone else. Find one or more freelancers that can handle those tasks for you. Tip: sales can be a great place to start, because it's possible to find someone willing to work on commission. They can pay for themselves. With more available time on your hands, you can be more productive and increase your income. Outsourcing can be a great way to boost your income, but finding a skilled freelancer for your needs will require some effort or a little luck. Since luck is difficult to predict, it only makes sense to rely on effort and an intelligent process. FINDING A FREELANCER This process will help you find a freelancer that meets your needs: Define your needs
This outsourcing get more done in less time template has 4 pages and is a MS Word file type listed under our human resources documents.
OUTSOURCING: GET MORE DONE IN LESS TIME Outsourcing has become a popular way to have a service performed at a low cost. While many people boost their income by performing outsourced tasks for others, it might be smarter to be on the other side of the equation. There's much more income potential. If you're performing work yourself, you're ultimately limited by your time. However, if others are doing the work, you're only limited by your ability to manage all the moving parts. USING OUTSOURCING TO YOUR ADVANTAGE Reflect on these ideas for making extra income by outsourcing: Arbitrage. Arbitrage is an ancient concept. If apples on one side of the mountain are selling for $3/dozen but for only $1/dozen on the other side, it's quite easy to purchase them on the less expensive side and simply carry them to the other side to sell for a higher price. Consider the many services that outsourcers provide: article writing, graphics, voiceover work, YouTube video creation, website creation, and more. There are many online outsourcing platforms where you can find someone to do whatever work you desire: Fiverr, Upwork and Freelancer are just a few of the options. It's possible to find high quality work for very little money with a little effort. For example, it's not uncommon to find someone willing to build a website for $100. You can also find people willing to pay $1,000+ for a website. Simply assign the work and keep the difference. Do keep in mind however that the quality will differ. Imagine getting a bunch of clients that require a website and then passing the work on to a freelancer. The only real work you have is finding clients. You can hire additional freelancers as the need arises. Free up your time for more important tasks. If you're a one-person operation, you know how challenging it can be to do everything yourself. Besides making the product or performing the service, you have to market your business, find customers, handle sales, manage billing and collections, keep the books, and do everything else that a solo operation entails. It's rare to find someone that is good at all of the tasks that are critical to running a successful business. One weak link can limit everything else. If you dislike sales, there are people that can handle that aspect of your business for you. Think about all the tasks you do that would be relatively simple to teach to someone else. Find one or more freelancers that can handle those tasks for you. Tip: sales can be a great place to start, because it's possible to find someone willing to work on commission. They can pay for themselves. With more available time on your hands, you can be more productive and increase your income. Outsourcing can be a great way to boost your income, but finding a skilled freelancer for your needs will require some effort or a little luck. Since luck is difficult to predict, it only makes sense to rely on effort and an intelligent process. FINDING A FREELANCER This process will help you find a freelancer that meets your needs: Define your needs
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