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[GET] The Complete Guide To Outsourcing. THE BILLION DOLLAR QUESTION ANSWERED.

Discussion in 'Making Money' started by virus_1720, Jan 29, 2011.

  1. virus_1720

    virus_1720 Jr. VIP Jr. VIP Premium Member

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    I had some free time and frankly I've been delaying this for a long time. I see that a lot of people in the Jr. VIP section and others are looking to outsource the job but are unsure of :

    Where to hire from?
    How much to Pay?
    How to ensure that the job will be completed?
    How to ensure that the job will be delivered on time?


    In this post I am going to try and answer some of the questions that you might encounter if you are new to the world of outsourcing. Believe me, its really hard to find reliable parties to outsource tasks to because since you cannot control them physically and have no control over them; you need to choose wisely. That might mean paying a few extra dollars but believe me it will save you a ton of time and lost hair, and quite frankly people who bid higher prices even when others have bid lower than them are most reliable. They believe in getting things done and give quality solutions.

    As a result most people who have higher bid have more reviews and better work committment. Here are a few pointers before we delve further in. This has literally cost me thousands of dollars to learn, everytime I outsourced something, I LEARNT AND DID NOT REPEAT THE MISTAKE THE NEXT TIME.So essentially you are getting my complete blueprint to outsourcing. Here are the most crucial points :

    1. NEVER go for the lowest price and see if they can do it well enough. More often than not, you will be dissappointed.
    2. Always choose someone who has over 100 Reviews at the least. I prefer to have over 200 reviews for bigger projects.
    3. The rating must be atleast 9.8 on freelancer and 4.5 on odesk. Anything under it and I will almost never award the job to the freelancer.
    4. Even if the bidder has more than 3000 Reviews, NEVER give the job without exchanging atleast 5-6 messages. Try and message at different times of the day and also give a 1 day or 3 day gap in between the messages. This is to verify that the freelancer is actually going to reply to the messages after you give him/her the job. The different time and days ensures that he consistently checks his PMs and replies. NEVER GIVE THE JOB WITHOUT ATLEAST 5-6 MESSAGES AND SPACE THEM OUT. Not everyone lives on the same side of the globe ;-)
    5. Take the time out to read the reviews, see if there are any WORK INCOMPLETE REVIEWS. You want to be sure first and then go ahead.
    6. A new feature on FREELANCER(dot)Com tells you the completion rate, A safe bet would be a completion rate of over 90%. Anything under that is a risk but depending upon the budget and complexity of the project it may be adapted accordingly. Like for example, I job for writing 10 300 word articles is not complex so I would go for anything above 70% completion rate IF THE PRICE IS GOOD.


    This is all I can remember as of now. Now lets take the major questions 1 at a time.

    Where to hire from?

    I personally like freelancer.com over any other outsourcing site. But if I had to rank them in order of my priority, I would say :

    1. Freelancer.com
    2. Odesk.com
    3. Elance.com
    4. Peopleperhour.com

    Others may have different views but this is what has worked for me.

    How much to Pay?

    It is a subjective question but I am still going to try and answer it in the best way possible. If there are 5 bidders that have an average bid of $200 for my project, WHICH IN THIS CASE IS A LITTLE COMPLEX AND TIME CONSUMING JOB, and there is a freelancer who bid $300 for the same thing but has over 300 reviews, a rating of 9.8+ and a 90% completion rate, I would choose him over the others. WHY??? For the simple reason that he will deliver a higher quality and will need less guidance and supervision. If you award him the job, he will GET IT DONE. You don't have to worry about it at all. Although there are cases where he might not be able to correct it but it surely is a safer bet.

    Another reason would be that he could also see the bids that were on an average around the $200 mark. Why did he bid $300 then??? Because he knew that he has that extra edge over the other freelancers because of his work experience, work committment and reviews.

    So in my experience (and I've had very bad experiences going with the cheaper bids) its better to choose someone who has a reliable history rather than going for the price.


    How to ensure that the job will be completed? and
    How to ensure that the job will be delivered on time?


    If you read the above answer, then I've already answered these questions in the above few paragraphs. They really are words of wisdom from someone who has gone through the entire process learning through hit and trial.

    If you outsource on freelancer.com there is an option to buy a featured listing but I haven't personally found it much useful. What I like to do is search for the providers that have the skills that I want and have a rating of atleast 10 (only for searches) and then invite 500 of the best freelancer using the following script :

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    What this Script does is it goes to all the freelancers and invites them. This is an imacro script so you need imacros installed. Just loop it 5 times and it will invite the top 500 providers for you. This script just saved you $19 since even the featured upgrade will not get you all the top rated 500 freelancers for your requirement. Now I am not very good with imacros, Infact I am a noob but it is a good tool. I tried playing around with it and was able to do this. I hope there are no errors, if there are I am sure there are many imacro pros on BHW willing to help.

    But here is the most important question of all. This is infact the BILLION DOLLAR QUESTION

    WHEN AND WHAT TO OUTSOURCE???​


    This is simple yet powerful. It has worked wonders for me and I think it will help you too. So here it is :

    Take your mothly income and divide it by the number of hours you work in a month.

    Lets say you earn $2000 and you spend 20 X 8 Hrs. Day = 160 Hours

    $2000/160 = $12.5/hours

    Anything that does not give you atleast $12.5 out of the 1 hour you invest in it IS NOT WORTH YOUR TIME. Outsource it to someone whose value per hour is less than yours and you spend you time DOING THE THINGS THAT MAKE YOU ATLEAST $12.5 PER HOUR.

    DON'T DO ANYTHING THAT DOES NOT RETURN YOUR VALUE PER HOUR. OUTSOURCE IT AND YOU WILL STILL MAXIMISE YOUR PROFITS.

    As far as what to outsource is concerned, it really depends on you. If you think that the job will make you atleast $12.5 per hour then go ahead and do it, if not OUTSOURCE.

    I hope you like my contribution. Although this is really a small post :rockon:, I hope you get somethign out of it and the next time you outsource something my tips will probably save you some time and effort :)



    P.S : I started this thread in the Jr. VIP Section but then I thought that it should be available to everybody on the BHW so here it is. Mods if you see this against the terms, feel free to delete this thread or move or do whatever :)

    If you are not a Jr. VIP and DONOR Yet, you must donate and get access to information 10 times better than this. Only inside the Jr. VIP Area :)
     
    • Thanks Thanks x 21
  2. bushbabie21

    bushbabie21 Executive VIP Jr. VIP Premium Member

    Joined:
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    Some great bits of info there...thanks
     
  3. santacruz

    santacruz Junior Member

    Joined:
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    That the good list, I have my own outsource at fiverr and forum. The good thing is I can communicate with them before the job start.
     
  4. Pannkakan

    Pannkakan Newbie

    Joined:
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    Brilliant post, thanks for this! was just looking into outsourcing since the one man band is getting a bit tiring. Keep it Up!
     
  5. seojam

    seojam Newbie

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    I love bhw for this reason... I was just looking for guidance actually as I never outsourced before... much appreciated
     
  6. virus_1720

    virus_1720 Jr. VIP Jr. VIP Premium Member

    Joined:
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    BHW
    Thanks a lot guys, I am very happy that you like this post. I had to write this for atleast 45 minutes, ensuring that I did not miss out on any tiny detail :)
     
  7. haridada

    haridada Senior Member

    Joined:
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    Location:
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    Just 45 Mins. This info is solid gold that it could save us more time and money.

    Pure fan-^*&%*)$-tastic brilliant. :fing26:
     
  8. CashFlowKing

    CashFlowKing Regular Member

    Joined:
    Jun 29, 2009
    Messages:
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    Good info, struggling with this right now, trying to find someone reliable on odesk, and was going for the lowest rate, I will increase the rate I am looking for and see if I can get more quality of a person. I have so many tasks to outsource, hard to get it all done!
     
  9. KD103

    KD103 Newbie

    Joined:
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    I wish I had read this before I started outsourcing. It's so tempting to go with mid priced bids(I was smart enough to avoid lowest bids) but as you said high prices usually insures better quality work.
     
  10. virus_1720

    virus_1720 Jr. VIP Jr. VIP Premium Member

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    Resist this temptation and you will have more than enough people who are able and willing to do the job at hand
     
  11. aldragon

    aldragon Power Member

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    Very nice indeed. Even though I work mainly In spanish, where its a pain to outsource mainly to the fact that its expensive and a big % is garbish.
    best outsoursing I got already was from here a guy from phillipines.
    Very nice guide, I have also through this and you are 100% right
     
  12. Shaken not Stirred

    Shaken not Stirred Registered Member

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    Great info thanks I started outsourcing as im not home most of the day so its nice to have people working on my sites even though im not there.
     
  13. stkmags

    stkmags Regular Member

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    fantastic read! (yes i KNOW thanks should be given using the button)

    I think the method shared deserved much more than just a button :naughty: so thansk a mil!!!!!

    I use freelancer also but am still looking for a decent fans supplier since fb removed the suggest to friends..

    my 2cts
     
  14. stkmags

    stkmags Regular Member

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    ps: cant get the macro to work...help?
     
  15. bushbabie21

    bushbabie21 Executive VIP Jr. VIP Premium Member

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    I cant get the macro to work either. Perhaps someone would be kind enough to create an executable program :D