Business Fit Magazine August 2017 Issue 1 | Page 46

44 Article W e hear it constantly, “You need to be outsourcing,” “outsource the tasks that force you to work in your business”, and “auto- mate your business by outsourcing!”. Fine, we get it, outsour- cing is important. But where to start?! As the director of StoryWand, I outsource a lot of the book production to others more skilled in certain tasks… and have had my fair share of disasters. What I’m going to share with you today are the five biggest mistakes I made when I first started outsourcing and give you the tools to not make the same mistakes I did. 01 I went too cheap My first error was being a stingy bastard. Naturally, when you’re running a business, you want to reduce overheads as much as possible. There is nothing wrong with this strategy. I used sites like Fivrr, Upwork, and (back in the day) Elance, to find the cheapest, best, worker I could find. In my furious flurry, I completely forgot about the engineer’s triangle: This triangle holds true even for outsourcing. If you need high-quality work done quickly, it’s going to cost you. If you want something done well and cheaply, it’s going to take a while. And if it’s fast and cheap, don’t expect it to be any good. If you go for the cheapest option, you’re going to have to spend a lot more time than you’d like on fixing errors, managing the outsourcer, and generally having a miserable time. www.BusinessFitMagazine.com