Have you ever been interested in doing something in your business that required technical knowledge that you just didn’t have? You tried and tried to figure it out only to stumble upon one glitch after another. He then spent hours googling the details to no avail and was left frustrated. How much work was actually done after reaching a failure? How much money was lost in productivity that could have been gained if you could have solved the problem?

Sometimes when we’re working on a business budget, we tend to want to do things ourselves. Not for the gratification of doing a task on our own, but to save money. We start our month with a fixed amount to spend and we are determined not to spend more than that amount. Well, sticking to your guns is admirable. However, there are times when it is more expensive not to spend.

Consider what the rich do when deciding whether to do a task themselves or outsource it. They do the calculations. They calculate how much they are worth per hour. Once they figure out how much they’re worth per hour, they look up how much it would cost to have someone do that task. If the amount it costs to hire someone to do that task is less than what they feel it’s worth, they pay someone to do the job.

Outsourcing is no longer something reserved for the wealthy. Anyone can take advantage of hundreds, perhaps even thousands, of people who are willing to do tasks at very little cost. One company that offers people to perform a task for a fee is Odesk. This is a company that offers freelancers who do everything from customer service and administrative support to web design and software development. One of the prominent features of this company is that it offers a rating system. Contractors are actually rated by the clients they have worked with. You can see in advance, based on the experience of what others have had, what you are getting for your money. I mention Odesk because they are highly recommended, I have no affiliation with them.

Nobody likes to spend money when they are on a tight budget. However, there are times when it costs less to spend money. The times that justify hiring a freelancer is one of those times. Your time is money, and unless you have a lot of free time, outsourcing menial tasks or tasks that you don’t really have the technical knowledge to do can save you more money than you would pay to hire someone to do it for you. the work.