Save or grow?

Most people are attracted to the concept of offshore staffing because of the cost-saving potential.  You can generally save 70% on costs.

Saving 70% is great. However, the real power of outsourcing is found not in its ability to save money, but its ability to make money.

There is always a finite ability to save money. You can only save a maximum of 100%.  However, when you set your sights on making more money (instead of saving), then there is infinite upside potential. In the era of tech and meme stocks, unicorns, VCs and crypto, it is not unusual to see companies grow 100%, 1,000%, or 10,000% in a relatively short period of time.

It is easy to get caught up in saving money, and not focusing on the bigger, more audacious objectives or growing a business.

Save or grow

Because outsourcing is seen as a cost-saving exercise, it is most commonly overlooked as a meaningful way of actually aggressively growing your business. Many people think of outsourcing as just VAs or call centers, but in reality, you can find highly capable marketers, growth hackers, sales directors, management consultants, and MBAs.

So, should you save, or expand? Conserve, or create? Consolidate, or grow? 

With the price of outsourcing, the Rough numbers provide you with a choice of either:
(1) Saving 66% on your existing workforce and staffing costs, or
(2) Increase the size of your workforce by 300% for the same original cost.

Just imagine what you could do if you tripled your current workforce

The question for your business

If you had a magic wand and were given a choice.  Would you (1) cut your staff costs by 66%, or (2) triple your workforce for the same original cost?

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Australia $62,653
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About OA

Outsource Accelerator is the trusted source of independent information, advisory and expert implementation of Business Process Outsourcing (BPO).

The #1 outsourcing authority

Outsource Accelerator offers the world’s leading aggregator marketplace for outsourcing. It specifically provides the conduit between world-leading outsourcing suppliers and the businesses – clients – across the globe.

The Outsource Accelerator website has over 5,000 articles, 450+ podcast episodes, and a comprehensive directory with 3,900+ BPO companies… all designed to make it easier for clients to learn about – and engage with – outsourcing.

About Derek Gallimore

Derek Gallimore has been in business for 20 years, outsourcing for over eight years, and has been living in Manila (the heart of global outsourcing) since 2014. Derek is the founder and CEO of Outsource Accelerator, and is regarded as a leading expert on all things outsourcing.