Episode description
Kevin Ashcroft is a serial entrepreneur and author of the book “Outsourcing For Success”. After his sold his first business that he grew for 20 years which he started at the age of 19 to a UK Telecommunications company, Kevin decided started building businesses that are not location dependent by successfully outsourcing key tasks to freelance consultants from around the world. In his new book, Kevin shares his best tips and experiences to ensure that you too can be outsourcing for success.
In today’s episode, Kevin shares the benefits of outsourcing, how you can protect your business even when you do outsource your tasks to freelance consultants, and how you can build an entire business with outsourcing as the core feature of the business model.
Resources:
https://kevashcroft.com/ - Get in touch with Kevin on his personal webpage
https://www.blinkeredmedia.com/ - Need help with your online marketing? Reach out to Kevin’s media agency for help
https://www.wpsupportspecialists.com/ - Need help with your Wordpress website? Reach out to Kevin’s Wordpress support agency for help
Actionable Take-aways:
1. Outsourcing not only provides your business with flexibility, but it also ensures that your tasks are performed by specialists who are able to complete it in a more time efficient and cost efficient manner.
2. Outsourcing may potentially lead to employee misclassification risks which may lead to tax liabilities and other regulatory concerns. Do talk to your legal and tax advisors to ensure that you are outsourcing work in a manner that is legally compliant.
3. Protect your business by nurturing strong relationships with your clients to prevent them from being poached by your consultants or employees. Legal documents can also be relied upon to legally prevent them from doing so.
Connect with Ted on:
His Website at : www.tedteo.com
LinkedIn at: https://www.linkedin.com/in/ted-teo/
Instagram at: @ted.teo
Facebook at : https://www.facebook.com/groups/tedteo