• Skip to main content
  • Skip to secondary menu
  • Skip to primary sidebar
  • Skip to footer
  • HOME
  • RECOMMENDED BOOKS
  • FREE TOOLS
  • CONTACT US
  • ABOUT
  • Search

    More results…

    Generic filters
    Exact matches only
    Search in title
    Search in content
    Search in excerpt

The Fortunate Investor

Investing & Personal Finance For Wealth Builders

  • Save Money
  • Invest Your Money
  • Get Out of Debt
  • Making Money Online
  • Family & Money
  • Taxes
  • Business
  • Retirement
    • Retirement Calculator
Home » 4 Steps To Outsourcing For The First Time

4 Steps To Outsourcing For The First Time

April 23, 2019 By The Fortunate Investor | This article may contain affiliate links. For more information visit our Disclosure

Tweet
Share
Pin
Share
Share

4 Steps To Outsourcing For The First TimeIf you run a business of any kind, then you likely know that in order to grow and scale that business, then you need to be outsourcing in the areas that just aren’t within your zone of genius.

This doesn’t mean that you’re not a good business owner – in fact the opposite is true because a good business owner understands that they can’t do everything on their own, not only because it’s really not possible to be good at everything, but because there simply aren’t enough hours in the day, and one of the main reasons for people to start a business is so that they can create time and money freedom.

So, if you’re looking to get started with outsourcing for the first time, then in this post we’re going to share with you some of the things you should do in order to make the process easier and less stressful.

Make a list:

Making a list is the first thing you should do when looking to outsource for the first time, and in this list you should basically be writing down all the things you do on a daily basis because this will help you identify the areas that you need to be focusing on first when hiring people to join your team and also the areas that your time is not best spent in. So, for example, maybe you’re not the best person to be dealing with the tech and back end stuff in your business and could use the services listed on this website, or maybe you really struggle with marketing and creating regular content for your business, so you should be looking to hire someone for this.

Research your options:

Now that you have a list of all the things you either can’t do or don’t want to do in your business, then it’s time to start looking at what’s available for you to hire people for. You can do this in several ways, such as asking within your existing network of business owners who have outsourced who they would recommend, or you could even look at handing the whole process over to a recruitment agency who will take care of everything for you and send you possible candidates or you could even advertise the job yourself and see what kind of people are applying.

Start the hiring process:

Reduce Employee TurnoverThe hiring process is probably going to be the longest part of this, and although it’s going to take some time, it’s worth it when you find the right people, so stick with it if you can. Now that you know what kinds of services you need help with and where you’re going to look for them, it’s time to start connecting with possible candidates and interviewing people so you can get an idea of things like rates, experience, packages and skill sets that could potentially be useful for your business.

Do a trial run:

Once you’ve found a few people who could potentially be a good fit for your business, then doing a trial run is definitely recommended since this will enable you both to see if working together long term is something you’d both enjoy and if it will work.

  • About
  • Latest Posts

The Fortunate Investor

The Fortunate Investor at FortunateInvestor.com
The Fortunate Investor is the finance half of the husband and wife duo behind this website. Michael's finance and investment advice is rooted in an MBA and 20 years experience as an entrepreneur, banker, and manager in the financial services industry.

Latest posts by The Fortunate Investor (see all)

  • Key Areas Your Business Should Consider Outsourcing - December 12, 2019
  • Micro Investing Apps: The Best Platform For 2019 - December 10, 2019
  • Investing 101: Investing in the Stock Market in 5 Steps - December 10, 2019

Primary Sidebar

Popular Articles

4 Key Themes For Leading A Successful Team

4 Key Themes For Leading A Successful Team

When you run your own business, you know that having a strong team surrounding you can make all the … Read More about 4 Key Themes For Leading A Successful Team

6 Key Considerations for Starting a Transportation Business

6 Key Considerations for Starting a Transportation Business

Transportation is undeniably a lucrative business to own. Holding its value in the services sector, … Read More about 6 Key Considerations for Starting a Transportation Business

5 Ways To Make Money On The Side

5 Ways To Make Money On The Side

If you’re looking for ways to make money alongside your 9-to-5 job but don’t know where to begin … Read More about 5 Ways To Make Money On The Side

Key Areas Your Business Should Consider Outsourcing

Key Areas Your Business Should Consider Outsourcing

Entrepreneurs and business owners tend to be involved in every aspect of their enterprise. … Read More about Key Areas Your Business Should Consider Outsourcing

4 Top Tips For Starting A Business Abroad

4 Top Tips For Starting A Business Abroad

If you're thinking about expanding your business and going abroad with it, then there are several … Read More about 4 Top Tips For Starting A Business Abroad

Footer

TOPICS

SAVE MONEY
INVEST MONEY
REDUCE DEBT
MAKE MONEY
FAMILY & MONEY
TAXES
START A BUSINESS
RETIREMENT

THE FORTUNATE INVESTOR

ABOUT US
ADVERTISE
CONTACT US

The Fortunate Investor focuses on personal finance topics to build wealth. Topics include saving money, investing, managing debt, family and money, taxes, making money, college planning, starting a business, coupons and retirement.

SOCIAL MEDIA

FACEBOOK
TWITTER
PINTEREST
INSTAGRAM
YOUTUBE

Copyright © 2019 Fortunate Investor. All Rights Reserved. | Disclaimer & Disclosure | Privacy Policy | Terms of Service