Episode 39: When and How To Leverage Outsourcing to Grow Your Business and Buy You More TIME

In this episode of the Friends in Business podcast, hosts Ben Wright and Jemimah Ashleigh unpack the ins and outs of business outsourcing — a key strategy for businesses looking to grow and boost efficiency. Drawing from their own experiences, they offer practical frameworks and tips on everything from working with virtual assistants to knowing when it’s time to bring in the pros. With a focus on identifying low-value tasks and freeing up time for what really matters, the duo provides actionable strategies to help businesses scale.

Key Takeaways: 

• Identifying tasks that do not add value or that can be easily outsourced is crucial for business growth.
• Differentiating between reversible and non-reversible decisions can guide which tasks to outsource.
• Protecting intellectual property (IP) is vital when deciding whether to bring functions in-house or to outsource them.
•  Assessing the level of expertise needed in a task can influence the decision between in-house hires versus outsourcing.
• Utilizing virtual assistants for repetitive low-skill tasks can be a cost-effective strategy for business efficiency.

Time Stamps: 

0:00 Intro

1:11 Harvesting Honey

2:18 Outsourcing

4:10 Transitioning To Outsourcing

5:45 Jemimah’s Approach To Outsourcing

8:24 Ben’s Outsourcing Experience

14:19 Outsourcing Like Events Management

14:42 Golden Rules in Outsourcing

19:33 Weekly Takeaway

20:38 Outro

Be sure to stay tuned for more enlightening content from the Friends in Business podcast. If you enjoy the show, please like, share, and leave a review to support us and help others discover these valuable discussions.