$250B. That’s what the outsourcing market is worth today, and it’s continuing to grow by 9% per year. So, what is outsourcing and why should every startup leverage it? I’ll start with a short story. Back in 2008, I used to be a YouTuber reviewing mobile App Store games, and the demand was crazy for businesses wanting to work with me. I ended up hiring an assistant at $5/hr from the Philippines, who worked full-time on handling business inquiries and doing cold outreach. I was 14 at the time, and was able to hire a full-time assistant. This would not have been possible if they were in the U.S. Before anyone mentions labor standards, it’s important to know that $5/hr is still higher than the average pay in the Philippines over a decade later.
Building your startup with $5/hr staff
Building your startup with $5/hr staff
Building your startup with $5/hr staff
$250B. That’s what the outsourcing market is worth today, and it’s continuing to grow by 9% per year. So, what is outsourcing and why should every startup leverage it? I’ll start with a short story. Back in 2008, I used to be a YouTuber reviewing mobile App Store games, and the demand was crazy for businesses wanting to work with me. I ended up hiring an assistant at $5/hr from the Philippines, who worked full-time on handling business inquiries and doing cold outreach. I was 14 at the time, and was able to hire a full-time assistant. This would not have been possible if they were in the U.S. Before anyone mentions labor standards, it’s important to know that $5/hr is still higher than the average pay in the Philippines over a decade later.