Outsourcing

Outsourcing your online tasks is almost vital to success online. Still, it is one of the toughest tasks to manage (without losing too much time and money). Here, I share my experiences with a handful of outsourcing companies online.
↓ Outsourcing Compared Editor Ratings

Odesk

OVERALL
★★★★½
There are plenty of places to find people to outsource your web development tasks (or become a freelancer yourself), but Odesk is one of my favorites...(Read More)
Value
★★★★
Support
★★★★
Usability

Elance

OVERALL
★★★★½
This is the king of all that is Freelance work! There is a lot of technical emphasis on the outside (like website design, etc.), but there is plenty...(Read More)
Value
★★★★
Support
★★★★
Usability
★★

Odesk

OVERALL
★★★★
There are plenty of places to find people to outsource your web development tasks (or become a freelancer yourself), but Odesk is one of my favorites...(Read More)
Value
★★★★
Support
★★★★
Usability

vWorker

OVERALL
★★★★
Check out a review of vWorker.com, formerly known as RentACoder. This is a job bidding marketplace for...(Read More)
Value
★★★★
Support
★★★★
Usability
★★★
Outsourcing.  If you read the Tim Ferriss book "The 4 Hour Work-Week", I KNOW you are familiar with this term. 

"Having others do your work for you!"

The concept makes total sense:  If you have a task that you either cannot do, or if your time is worth more than what the tasks costs to outsource, the best business decision is to have someone else do it. 

If you are Timothy Ferriss, your time is worth more than almost any task and ultimately, he manages an entire empire in 4 hours.

So this is my first warning to you...Just because Ferriss does it doesn\'t make it the best decision for you.  I have seen WAY too many people outsource their business (and money) away because they did not know what they were doing.

Again, outsource two things:

1)  Things you are unable to do

2)  Things that can be done cheaper than if you were to do them yourself.

Identifying what you are worth is critical here!  If your normal job pays you $10/hour, that is your current worth.  If you are making $100,000 per year online and working 40 hour work weeks (for about 2000 hours/year), your current worth is about $50/hour. 

Find this value yourself:

(Annual Earnings) / (Hours Per Week Worked * 52 Weeks) = YOUR WORTH

As you make more money, you will find that outsourcing your work starts to make more sense!

But how do you outsource?  This is a tough question!  In fact, in almost EVERY mastermind group I have ever participated in, the topic of outsourcing is always everyone\'s biggest hurdle.

Why?  Because we fight a few factors:
  • Competent Workers
  • Fair Prices
  • Proper management
  • Communication
All of these things must "align" in order for outsourcing to work.  And it is your job to make these work, too. 

Luckily, there are services and tools online that aid you in finding the right people at the right prices with the right management tools and communication features. 

Still, no service is complete, but there are trade-offs.  The reviews below describe many of my own personal experiences with different outsourcing companies and VA (virtual assistant) companies.  Each one has their pluses and minuses and it is your job to choose the company that will work best for you.

Obsolete Outsourcing Products

These products no longer are available or obsolete. Still, it may give you an idea of the progression of products offered in the past. Some of these products do re-open, but currently are not available for purchase.
↓ Outsourcing Compared Editor Ratings

Rent-A-Coder

OVERALL
★★★★
Value
★★★★
Support
★★★★
Usability
★★★