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Think That Quote is Way Too High? Read This

Why I Outsource to High Fee Professionals

Before you respond to a quote with the phrase “That’s way too much!” read this article.

Most articles I read on outsourcing have it all wrong. They recommend outsourcing low value activities to low cost providers. While it does make sense to outsource tedious, low value activities, may I suggest thinking outside of the box?

Want your outsourcing to really impact your business? Consider.

  • (a) outsourcing high value activities that directly impact your bottom line, and
  • (b) outsourcing to someone who may make more than you do.

Here are 2 reasons why I routinely outsource to professionals who charge higher fees.

  1. All hours are not equal. When screening professionals, it makes sense to not only compare their hourly rate, but also take into account how much time it takes someone to complete a task. Let’s say I hire someone who charges $149 an hour. At first glance, it may seem like a lot of money. If she, however, can complete in 15 minutes a task it takes me 3 hours to muddle through, my decision makes perfect sense.
  2. Expertise is worth its weight in gold. An expert can complete a task right the first time, and can often bring additional skills, resources and input I wouldn’t have access to otherwise. I, on the other hand, may struggle for hours and not complete the task properly. There’s relief in knowing I can assign the task and forget it, moving on to something else that’s in line with my unique brilliance.

So the next time you are surprised by the fees someone quotes you, don’t forget to factor the time it takes her to complete the task, as well as the expertise she brings to the table.

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JC
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