• 1-(800) 510-9053
  • 1-(415) 259-6503

Don’t be Afraid to Outsource During the Early Stages of Your Startup

Jul22



If you’re an entrepreneur that has taken the plunge and started your own business, congratulations! You have bravely confronted a need and brought your own solution to the table. As your business continues to grow, you’ll bring on other like-minded individuals, people with the same drive and passion for success. Regardless of how talented your team is, there’s only so much work they can get done in one day. This trend was recently discussed in an article published on the Tech Republic.

If you ask founders of former startup companies, they will tell you that they wore many hats in the early days. Going back and forth between answering phone calls and paying bills can easily take you away from actually running your company. The longer that you as the founder (or other core employees) are tied up doing back office work, the longer it will take for your startup to grow.

To confront this dilemma, an increasing number of startups have begun to consider outsourcing as a means of freeing up in house staff to address more pressing issues. Once these tasks have been assigned to the outsourcing company, those in leadership can focus on the company’s identity and business strategies while the day to day operations are taken care of off site.

Are you still afraid to outsource and a little unsure of how outsourcing works?

We’ll explain it here in further detail.

Outsourcing is the practice of having a third party complete a business process or processes on behalf of your company. Just as an example, a company may want to hire a third part organization to handle its customer service. In this situation, the company has chosen to outsource its customer service to a third party firm.

Outsourcing is different from traditional business models where a company would hire its own accountants and develop an in house accounting department. While this may be feasible for larger organizations, a business process like accounting often wastes valuable time that the founder and other leaders could be working on areas that are more crucial for the success of the new startup.

Now that you hopefully understand a little more of what outsourcing is, you may be wondering what processes you should outsource. The answer to this can be found simply by thinking about what you’re good at. What makes your company unique? Whatever that is, don’t outsource it. Instead, think about what tasks could be handled by someone other than yourself or a member of your leadership team.

Most startups choose to outsource back office work such as demand generation and customer support.

If you believe that business process outsourcing can help your startup, contact us here at Telegenisys. With over twenty years of experience in the field, we can help get your startup off the ground and on its way to success in no time. Don’t waste anymore of your precious time doing work that can be outsourced! Don’t be afraid to outsource. Focus on what matters and watch your company become all that you know it can be.

1http://www.techrepublic.com/article/thinking-about-outsourcing-as-an-early-stage-startup/



Related Posts

  • 54
    With investor confidence returning, new businesses and startups have become very competitive. If you are a startup looking to gain a foothold, you need a winning strategy that sets you apart from the rest. In a recent article appearing in Forbes, Alison Foreman spoke about team and talent as important…
    Tags: outsourcing, startup, team, startups, success, company, time, work, outsource, will
  • 50
    Businesses operating in developed countries around the globe have long known the benefits of outsourcing and enjoyed the increased task efficiency and cost effectiveness that the practice brings. If your company has yet to work with a business process outsourcing company, how do you know if it will be a…
    Tags: business, outsourcing, processes, company, will, process, work, outsource
  • 45
    Top 3 Reasons Startups Fail Startup entrepreneurs may have a fresh new business idea, but also have to deal with obstacles in its execution like low capital, not enough experience, staff low on skills etc. Although the recent growth of startups paints a rosy picture, the fact remains that 90%…
    Tags: outsourcing, startup, startups, business, time, team
  • 44
    The first generation of outsourcing involved only the division of work between the client company and the sole source outsourcer. The new model is for process fragmentation, the use of different suppliers and component manufactures in the production of a good or service. This presents significant challenges for outsourcing companies…
    Tags: process, outsourcing, business, company
  • 41
    In Entrepreneur magazine, Nancy Mann Jackson points out the advantages of using the freelancing websites for small jobs, but fails to distinguish this from business process outsourcing. The freelancing sites are excellent choices to find somebody to make a brochure, logo, website, etc. As long as the job is to…
    Tags: time, process, work, company, day, business, outsourcing, will
  • 40
    The benefits of business process outsourcing are well documented. Organizations seeking to increase the efficiency and cost effectiveness of their back office processes will contract this work out to third-parties while the client focuses on its core competencies. The benefits of such a practice are without a doubt rather substantial,…
    Tags: outsourcing, process, business, work, processes, service, company
  • 40
    The Importance of Customer Service Your clients are looking for more than just a high quality product or service. You may have your product offerings perfected to a tee, but without this one vital component you're not likely to get return business. Any idea of what it might be? Customer…
    Tags: customer, service, business
  • 40
    With recessionary forces crippling most of the major world economies, ensuring the survival of both large and small businesses now poses a big challenge for industry captains and political leaders alike. However, businesses need not lose hope because there are still plenty of options to choose from and also effective…
    Tags: customer, service, outsourcing, help, will
  • 39
    Competition is fierce in business. If you want to see your customers and clients return time and time again, you’ll need to set your business apart. The company that does the most to provide a positive customer experience is most likely to enjoy continued success. A blog published by Technology…
    Tags: customer, service, party, third
  • 37
    Outsourcing Newsletter: December 2008 sharing news, trends, opinions and insights OUTSOURCING SERVICES SPOTLIGHT Analyzing Help Desk Outsourcing Trends After medical transcription, the second position would probably go to help desk outsourcing, if the task were to make a chronological list of business domains that were added from the time the…
    Tags: outsourcing, business
  • 35
    Just a few years back, most businesses viewed customer service outsourcing as a means to reduce costs and improve customer satisfaction. Those objectives are still relevant, but if we look at recent customer service outsourcing projects, it will become clear that new desirables such as upselling capabilities have been added…
    Tags: customer, service, outsourcing
  • 35
    In simple terms, outsourcing can be expressed as a transparent method of saving money, enhancing quality and simply freeing company resources for other activities. Outsourcing is a process of sharing. It is the concept of paying an outside firm to handle internal company functions. The big question that naturally comes…
    Tags: outsourcing, business, processes, company
  • 35
    A startup is by definition a small company organized around a new concept. This small size allows the startup to try unproven concepts, but at the same time limits scalability. One fundamental aspect of achieving startup success is finding the manpower needed to turn the next tiny thing into the…
    Tags: startup, team, success, process, startups, hire, company, outsourcing
  • 34
    Insurance Business Process Outsourcing - The Double-Digit Success Story In relative terms, the insurance business process outsourcing industry has always lagged behind other dominant players such as the call center services outsourcing industry and the telemarketing services outsourcing industry. However, if recent trends are any indication, it appears that the…
    Tags: outsourcing, process, business
  • 34
    With the information technology occupying an important place in our lives, the role of data processing has also grown over the years. Banking, health care, telecommunications, media, insurance, almost all industries are now data driven. In spite of the fact that paper is important in processing, storage and retrieval of…
    Tags: outsourcing, business, help
  • 33
    The past several years have brought significant change to the world's financial markets. A growing number of legal restrictions, an increased use of technology, a reduction in revenues along with the need to adopt more aggressive business strategies while simultaneously cutting costs has forced financial institutions such as banks to…
    Tags: outsourcing, business, process, processes
  • 32
    Costs Associated with Hiring Additional Staff Investopedia estimates that costs associated with hiring a new employee can reach upwards of $70,000. With each new team member you bring on you'll need to not only pay a salary, but also provide a benefits package that will attract the type of talent…
    Tags: outsourcing, company, business, work, outsource, team, hire, process, longer, will
  • 31
    Customer Service Outsourcing: Aids Customer Retention Programs And Policies Due to rising competition, businesses are now spending more time and effort on designing and implementing customer retention programs and policies. Customer services are usually a part of such programs, something that makes it necessary for businesses to ensure that quality…
    Tags: customer, service, outsourcing
  • 30
    The term 'outsourcing' is structured around the concept of transferring the ownership of a business process to a supplier. The term is distinct from usual business relationships wherein the buyer keeps control of the processes and merely controls the way the supplier completes the work. Once an organization out sources…
    Tags: outsourcing, business, will, process, tasks

no Comment

  • c-icon

  • iso-9001-logo-small

  • iso-27001-logo-small

  • c-icon4

Telegenisys Inc. © Copyright 1999-2017 All Rights Reserved             Privacy Policy  |  Site Map