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6 Benefits of Outsourcing and Freelancing In Startups

Startup Professionals Musings

A solution I often recommend, as least in early growth, is the use of outsourcing for critical tasks. While this approach appears to cost more on the surface, it often actually costs you less, when you consider the hidden costs of rework, poor customer satisfaction, employee management, and training required. with experience.

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6 Ways To Prevent Disastrous Outsourcing Decisions

Startup Professionals Musings

If you have a software development background like mine, I’m sure you often get questions about when to outsource, versus building the solution in-house. Outsourcing is defined as contracting the work to another company, usually located in a developing country, like India, China, or Eastern Europe.

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6 Reasons That Managers Still Add Value In Business

Startup Professionals Musings

As a business consultant with experience in large companies as well as startups, I often hear about dysfunctional management hierarchies, as well as the value provided by exceptional ones. These authors provide inside details of recent management experiments, as well as historical data from both successful and failed traditional companies.

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5 Key Growth Initiatives In This Inflationary Economy

Startup Professionals Musings

For example, in my discussions with business owners, some have already used inflation positives to update their inventory values, take advantage of reduced mortgage rates, or simply making the price increases that they have long needed. Outsource functions outside your core competency. Selective outsourcing can save you real money.

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7 Workplace Culture Dynamics That You Need to Support

Startup Professionals Musings

Studies have shown that work productivity is related to a happier work culture , and customer satisfaction and loyalty are also dependent on the culture. Here are the key elements I see: Make your company culture virtual. The stigma of a clunky desktop today can easily lower worker engagement and satisfaction.

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10 Disciplines Every Entrepreneur Needs To Practice

Startup Professionals Musings

He provides dozens of ideas and examples to illustrate how this discipline can work, and the power it brings to any organization. An example is the evolution of computer control to screen touches and gestures, versus keys and mice. Outsource services back to the customer. Your long-term survival and satisfaction depend on it.

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7 Ways Your People Skills Are The Key To Your Success

Startup Professionals Musings

For example, both need to provide exemplary customer service, build customer loyalty, and provide real value for a competitive price. Customers won’t pay to see your new employees learning on the job, and outsourcing the real work to a cheap labor source is a recipe for disaster. Make sure everyone knows your vision and values.

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