Outsourcing- Good for America’s Economy?

Outsourcing- Good for America’s Economy?

Picture of Daven Michaels

Daven Michaels

New York Times Bestselling Author, 30-year business veteran, and Executive Chairman of CurrentC Group.

That’s right . . . outsourcing supports the economic recovery of the U.S. I promise.

Don’t believe me? Well, here are a few solid reasons why outsourcing is a good thing:

  • Keeps American entrepreneurs and small businesses in business, even when money is scarce
  • Enables American small businesses to grow, thereby providing more jobs for American workers

Helps small businesses and solo entrepreneurs compete with big business—competition grows American business, which leads to more American jobs

Keeping America in Business through Outsourcing

We all understand that employees can be outsourced for a lower cost overseas, and that bone has meat on both sides. Although you’ve heard the assertion that outsourcing takes jobs away from American workers, I want to convince you that it will ultimately bring jobs home to America. But first let’s focus on the fact that if a business can hire outsourced workers for a smaller wage overseas, then that business can stay in business.

If an American business stays in business, it can continue to sell products and services on the American and overseas markets, which pulls money into the American economy. This cycle is the foundation or the raft of our economy. It keeps everything else afloat.

Growing American Business through Outsourcing

While a business is afloat, the next area of focus for the entrepreneur is growing that business. Picture the solo entrepreneur or solopreneur, perhaps like yourself, working more hours than you ever imagined and still not getting it all done. And I’m just talking about the regular day-to-day requirements of keeping an existing business going. This kind of regimen leaves no time for acquiring new business or developing new products and services. If a business grows, it will need to hire more employees.

By hiring one outsourced worker, an entrepreneur can leave the paperwork and the administrative details to that outsourced employee. The entrepreneur or solopreneur is now free to focus on making new deals, acquiring new business, developing strategic alliances, and marketing. In this way the business grows and turns a profit more quickly. Growth of the business and more profit means there are more jobs to be filled by American workers and money available to pay their wages. And so our American economy grows.

Beating the Competition—The American Business Dream

Outsourcing is good for the bottom line and a strong bottom line is what creates and feeds our capitalist model of competition. Competition provides for more innovation and better products and services. By hiring an outsourced workforce for business process tasks like chat support, scheduling, data mining, telemarketing, and the like, the solopreneur /entrepreneur saves money on taxes, office overhead, and employee benefits allowing for more competitive positioning.

The ability to grow and profit more quickly gives the American entrepreneur the edge. An American business that profits faster and handles more demand eventually needs a larger, smarter, onsite, American workforce. Once again, the money comes home and our American economy grows.

Outsourcing makes smart business sense. We at 123Employee want to help your business stay afloat and grow during these tough economic times. Let us provide you with outstanding service and the ability to grow your business, bringing good-wage jobs back home to America.

Visit our home page to hear a recent interview I did on national radio in which I discuss how outsourcing is good for the U.S. economy.

You can find outsourcing tips in my new book ‘Outsource This!’  Check it out.

Daven Michaels is an award-winning outsourcer and author of the book, ‘Outsource This!’ Daven has been honored more than any other individual or outsourcing organization. You can get more information on outsourcing by visiting www.OutsourcingOutsourcing.Com.

15 thoughts on “Outsourcing- Good for America’s Economy?”

    • Well, its not just the small struggling companies outsourcing. The largest, richest, highest preforming companies are also strongly outsourcing to squeeze as much money as they can for the sake of profit. Not because they’re struggling.

      Reply
  1. You’re so cool! I don’t suppose Ive read anything like this before. So good to seek out any individual with some unique ideas on this subject. Really thank you for starting this up. Useful job for bringing something new to the web!

    Reply
  2. Outsourcing , no doubt, this is the new and very upgraded way to on working out businesses, And America is very related to business world,and outsourcing can help America’s Economy….

    Reply
  3. I couldn’t believe this could be possible but the information is just right! this is such a superb blog in outsourcing business. Thanks!

    Reply

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