Comments on: Knowing When to Outsource http://cashmoneylife.com/knowing-when-to-outsource/ Money Management, Small Business, Career Wed, 23 May 2012 21:16:10 +0000 hourly 1 http://wordpress.org/?v=3.3.2 By: Curious Cat Investing Blog http://cashmoneylife.com/knowing-when-to-outsource/#comment-18786 Curious Cat Investing Blog Sun, 28 Jun 2009 23:12:29 +0000 http://cashmoneylife.com/?p=1651#comment-18786 I think you are right that there are many good opportunities to outsource. Looking at overall value is the key. Too many companies fail to factor in costs, other than the direct dollar costs (coordination, delays, opportunity costs, reputation...). I think you are right that there are many good opportunities to outsource. Looking at overall value is the key. Too many companies fail to factor in costs, other than the direct dollar costs (coordination, delays, opportunity costs, reputation…).

]]> By: Stu http://cashmoneylife.com/knowing-when-to-outsource/#comment-18564 Stu Tue, 16 Jun 2009 01:32:04 +0000 http://cashmoneylife.com/?p=1651#comment-18564 The problem with outsourcing is that you need the money to start with. If you're prepared to set aside a couple of hundred dollars, and target your outsourcing efforts efficiently and effectively, it can be particularly profitable though. The problem with outsourcing is that you need the money to start with. If you’re prepared to set aside a couple of hundred dollars, and target your outsourcing efforts efficiently and effectively, it can be particularly profitable though.

]]> By: JoeTaxpayer http://cashmoneylife.com/knowing-when-to-outsource/#comment-18559 JoeTaxpayer Mon, 15 Jun 2009 18:39:54 +0000 http://cashmoneylife.com/?p=1651#comment-18559 I worked with the same two people you did for Logo and Blog consulting. Ms Crafty has saved me more time that I can calculate by helping me with my blog. I want to write posts on my topic, not code websites. And Pete, for the Logo (he's done two for me) appears to be a mind reader, great logos, both. I worked with the same two people you did for Logo and Blog consulting.
Ms Crafty has saved me more time that I can calculate by helping me with my blog. I want to write posts on my topic, not code websites. And Pete, for the Logo (he’s done two for me) appears to be a mind reader, great logos, both.

]]> By: Kristia http://cashmoneylife.com/knowing-when-to-outsource/#comment-18523 Kristia Fri, 12 Jun 2009 15:38:19 +0000 http://cashmoneylife.com/?p=1651#comment-18523 Hi Ryan. I've been reading your blog for a few months now and decided to become a blogger myself. Thanks for writing such great articles on how to get started and money saving tips. Larry at Empty Cabin Media custom designed my Thesis theme too and is an excellent blog coach. Pete also created my website logo. I highly recommend them both. Thanks again! Hi Ryan. I’ve been reading your blog for a few months now and decided to become a blogger myself. Thanks for writing such great articles on how to get started and money saving tips. Larry at Empty Cabin Media custom designed my Thesis theme too and is an excellent blog coach. Pete also created my website logo. I highly recommend them both. Thanks again!

]]> By: Ryan http://cashmoneylife.com/knowing-when-to-outsource/#comment-18524 Ryan Fri, 12 Jun 2009 15:35:51 +0000 http://cashmoneylife.com/?p=1651#comment-18524 Your site looks great, Kristia. And thanks for the compliments!! :-) Your site looks great, Kristia. And thanks for the compliments!! :-)

]]> By: Ryan http://cashmoneylife.com/knowing-when-to-outsource/#comment-18510 Ryan Thu, 11 Jun 2009 15:17:09 +0000 http://cashmoneylife.com/?p=1651#comment-18510 DGI, the cost/benefit factor is something I always consider before outsourcing something for personal or business reasons. Sure, some things are expensive, but I have to ask myself if I 1.) can do the task, 2.) can do it quickly and efficiently, 3.) have the time to do the task (or learn how). If the answer to all three questions is yes, then I do it. If the answer to all three is no, and it is an essential task, and I can afford it, then I outsource the task. There may be other considerations based on each situation, but this has worked for me so far. As for negative experiences.. yeah, I'm sure they happen. So far, I've been lucky. ;-) DGI, the cost/benefit factor is something I always consider before outsourcing something for personal or business reasons. Sure, some things are expensive, but I have to ask myself if I 1.) can do the task, 2.) can do it quickly and efficiently, 3.) have the time to do the task (or learn how).

If the answer to all three questions is yes, then I do it. If the answer to all three is no, and it is an essential task, and I can afford it, then I outsource the task.

There may be other considerations based on each situation, but this has worked for me so far. As for negative experiences.. yeah, I’m sure they happen. So far, I’ve been lucky. ;-)

]]> By: Dividend Growth Investor http://cashmoneylife.com/knowing-when-to-outsource/#comment-18507 Dividend Growth Investor Thu, 11 Jun 2009 13:28:54 +0000 http://cashmoneylife.com/?p=1651#comment-18507 I am not a big outsorces. I am a hands on approach type of person - if I can't figure it out, then I think that noone else will. I guess I could outsource stuff, but I always ask if the cost of outsourcing would outweigh the benefit or now.. Otherwise it's not worth it. And besides, I always have that fear that I would pay someone to do something and they would end up costing a lot by not understanding what's required from them.. I always hear the positive stories of outsourcing, without ever hearing about the negatives. That sounds fishy to me ;-) I am not a big outsorces. I am a hands on approach type of person – if I can’t figure it out, then I think that noone else will. I guess I could outsource stuff, but I always ask if the cost of outsourcing would outweigh the benefit or now..
Otherwise it’s not worth it. And besides, I always have that fear that I would pay someone to do something and they would end up costing a lot by not understanding what’s required from them..
I always hear the positive stories of outsourcing, without ever hearing about the negatives. That sounds fishy to me ;-)

]]> By: Ryan http://cashmoneylife.com/knowing-when-to-outsource/#comment-18506 Ryan Thu, 11 Jun 2009 12:31:16 +0000 http://cashmoneylife.com/?p=1651#comment-18506 DDFD, Excellent point. I usually have a good idea of what is going on and I try to stay on top of things. I'm good at grasping concepts, but not always great at the details. And I always ask a lot of questions. This is my business and I don't want to give away control. Glad to hear you caught the mistake your accountant was making! DDFD, Excellent point. I usually have a good idea of what is going on and I try to stay on top of things. I’m good at grasping concepts, but not always great at the details. And I always ask a lot of questions. This is my business and I don’t want to give away control.

Glad to hear you caught the mistake your accountant was making!

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