Why Most Women Fail at This Kind of Outsourcing
In this video I’ll cover:
- How women and men approach outsourcing differently, and why
- Why investing more in outsourcing can benefit your business
- Why contracting with a fellow business owner is often better long term
Watch the video:
Time Freedom Video Transcript – Why Most Women Fail at This Kind of Outsourcing
It’s Melissa Ingold here from TimeFreedomBusiness.com. I want to talk a little bit about something that I’m sure you’ve heard a lot about over the years and you’ve seen a lot of really successful businessmen talk about this and share it and follow it. That is the concept of Tim Ferriss’ 4 Hour Work Week.
First of all, I want to say that there is absolutely nothing wrong with his teachings and with how he does things in his business. And of course, a lot of people have had great success following it. There’s nothing wrong with that and there is some great information that he shares.
But there is also a flip side to this. As amazing as a four hour work week sounds to any business owner, there are a few things that I want you to consider.
What a “Four Hour Workweek” Really Means
The four hour work week is really based on outsourcing a lot of stuff overseas for really cheaply, as opposed to hiring someone who is local to you or someone who is within your own country and paying them a good wage, which in most cases is not considered to be extremely cheap because you are contracting with another business owner. Whereas when you’re outsourcing overseas you’re contracting with the company and then the company has people that they hire, they have their employees and the employees work for the company, the employees don’t work for you even though it seems like they do.
The big problem that women especially have with this concept and why I have seen and heard of so many women failing at this is that women want to build a relationship with the people they are working with. We don’t want to have people around us and working in our business that are disposable. What I mean by that is we don’t want to hire someone where we work with someone for awhile and it doesn’t work out, you move on to the next person, and then on to the next person, because it’s so cheap and there are so many people doing it within the company. That’s not okay with us.
We have this need to build that loyal relationship with someone on our team, someone that we can depend on in the long term. We want to train them, we want them to be in the business with us and working side by side with us, and really working towards a common vision of what our business is. When you are outsourcing overseas that really all goes to crap.
The Problems With Outsourcing Overseas
A lot of times you’re dealing with someone whose first language is not the same as yours, so that can come off through the communications and it can also come across in a not good way through the work that they are doing for you. If they’re doing any kind of writing or anything like that, that’s going to be a little tricky.
I’m not saying that there aren’t some amazing assistants that work overseas, I’m not saying that at all. I’m just talking about my own experiences and the conversations that I’ve had with tons and tons of women business owners about their own experience with this kind of outsourcing overseas. Some of them have had some great experiences. I’m just sharing it from this flip side of that whole concept of outsourcing overseas really cheaply and having that kind of disposable work force. A lot of men will just zoom through the next person and the next person, and they can be really unattached to it, I think.
When I look back to my working days working in the service industry and working with clients, I had a lot of men clients and they worked very differently from women. They would come to me and say, “Hey, this is what I need for the month,” and you would not hear from them again until I had finished the work and I contacted them to say, “Everything you wanted is done,” then they would reply and say, “Here’s what I need next.”
They were very unattached to the outcome and to the whole experience.
Women have a tendency to want to be in control, we love to multitask, and so we can really kind of drive our people crazy. We really want to be involved in the process. That’s a good thing in some cases, and in most cases not. But it comes down to having that relationship with a member of your team, not someone who may disappear in a few days because maybe the company fired them or they quit the company and now they’re gone and you’re connected with someone else. Because, again, those people are not working for you, you’re not contracting them, you’re contracting the company and then the company has the employees that do the work.
The Benefits of Outsourcing to a Fellow Business Owner
If you are outsourcing where you go and you find another business owner who is a virtual assistant, she has her own business, you are contracting her as a business. You’re able to build that relationship with her directly and . It’s a little bit different when you have someone who is working for the company, they’re just there, doing their job and getting their paycheck, they’re not invested in your business and your success and they’re not really that interested in building that really amazing relationship with you.
That’s why I personally think that a lot of women, and some guys too, don’t have that kind of success that Tim Ferriss has had with the 4 Hour Work Week and a lot of people that follow his work, that’s just one of the key things. There’s a lot of differences between outsourcing overseas as opposed to hiring another company here and paying $25 per hour to $60 per hour, depending on what they’re doing for you, as opposed to paying a few dollars an hour to hire someone overseas.
That’s my take on the whole thing. Of course, to each their own. You just kind of have to figure it out on your own and decide what’s going to work for you and what you want for your company. That’s what I wanted to share in this week’s Time Freedom Business video, to just give you a little food for thought so that you can think about that, because I know that I do get a lot of questions about outsourcing overseas.
Do I recommend it?
Is it a good thing to do?
Lately I have been seeing a lot of posts about the 4 Hour Work Week and reading a lot where people are saying to go check it out, so I wanted to offer my thoughts on that and just give you something to think about when it comes to outsourcing and what I’ve personally seen when it comes to women especially and why we tend to fail at overseas outsourcing, and those are some of the key things.
Also, another thing that I just thought of is women especially, we can be kind of a bit of a perfectionist when it comes to our business because we want to make sure that we are putting quality out into the world and that we are being of service to our audience and to the world. That really makes us pay more attention to the things that are going on and the work that we’re outsourcing. We can be really picky about the quality of work.
I’m not saying that you can’t get amazing quality work overseas, but it comes back to where you’re working with an employee of a company so you’re not getting that personal one-to-one where they want you to succeed, they want to do the best they can possibly do for you when you’re working with a company that you’re contracting directly and you’re working with the owner of that company or a few people within that small company, as opposed to a huge outsourcing company that has hundreds of employees from overseas working with them.
You Can Still Achieve a Four Hour Workweek
That’s why I think that a lot of women really fail at the whole four hour work week concept. But, that doesn’t mean that you can’t have a four hour work week. You may just have to do it a little bit differently. That’s why here at Time Freedom Business I really focus on outsourcing to other companies, virtual assistants that have their own business and they’re working directly with you and you’re paying them a good wage. If they don’t feel like they’re getting paid that well it just becomes a job for them and there’s that kind of employee mindset as opposed to business owner mindset where they feel like they’re being valued and they’re getting paid what they’re worth to help you in business.
I’m just going to leave it at that. Feel free to share your thoughts on this. Again, this is just my thoughts on this, I’m not saying outsourcing overseas is good or bad. It’s just my own opinion. Feel free to comment and ask any further questions or anything like that. I’ll see you next time.