Friday, November 28, 2008

How Outsourcing Can Skyrocket Home Business Profits Overnight

By Kylon Trower

I'm sure most of us got into home business and came to the internet to earn a good living, provide value to the community and have some semblance of freedom, right? We'll why are you working longer hours and feel less free as an entrepreneur? It's probably because we don't know when to let go and start outsourcing some of the mundane tasks that prevent us from truly having that freedom.

Oftentimes when Internet marketers start out with their small home business, they don't have a clue about the potential and growth their business can achieve. I remember several years ago when I started an eBay store I had no idea of the amount of success I would have early on.

It wasn't long before I needed to bring in a part time assistant to help me with shipping, customer service and few other related tasks. The point here is that there will come a time when your internet marketing business will grow bigger than you can handle and you'll be able to feel when that time has come.

Now when you get there, it's important that you keep you eye on the mission and goals of your business. Making the right hires is critical and professionalism, values and work ethic are all important as well. Hiring people that will work in positions that are natural for them and they excel at is also something to strongly consider too.

A good example of this would be my retired mother that lives with us and works for me a few hours a day. She will set appointments, answer emails and occasionally deal with customer service issues when they arise. Being that she only works a few hours a day and some days not at all (she told me she has a life), these tasks that she handles are not detrimental to my business in her absence. Bottom line, don't give someone else too much control over the direction of your home business, even if you call them Mom.

Let's talk about the cash, how do you pay your hired help so you can put down a few of the shovels and axes and build your business. There's the traditional full or part time hire and then you have the project worker or freelancer. Your full and part time hires will typically be paid on an ongoing hourly basis and should be brought on for ongoing tasks. A freelancer will only be paid based on a specific project at predetermined price you have agreed upon.

A little more on project work as this is where I recommend you start. Because you will be working with them on a case by case basis you have the flexibility of using them for a project and determine if you will use them in the future based on their performance. You can find plenty of good information as well as freelance contacts at www.Elance.com and www.rentacoder.com. I personally prefer Elance but suggest that you familiarize yourself with both.

When your home business reaches this point and you find it more difficult to juggle all the tasks of growing your business effectively then its time to outsource. If you are anything like me, you may be concerned about your profits decreasing when you hire people , however, I learned that much more money is earned through the increased productivity.

Here's a parting note, Dream Big! Don't allow the little things that get in the way of building that dream stop you. Your dream got you this far and can get you as far as you want to go. The sky's the limit, go for it, take massive action and prosper! - 16747

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