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Inside Outsourcing and the Future of Work with Derek Gallimore: An EOFire Classic from 2022

From the archive: This episode was originally recorded and published in 2022. Our interviews on Entrepreneurs On Fire are meant to be evergreen, and we do our best to confirm that all offers and URL’s in these archive episodes are still relevant.

Derek Gallimore has built multiple 8-figure businesses based on a global workforce. With COVID, remote and offshore staffing has become a normalized part of business. Outsource Accelerator is the world’s leading offshoring and outsourcing marketplace.

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Guest Resources

Outsource Accelerator – Enabling extraordinary outsourcing.

Inside Outsourcing – Check out Derek’s new book: an insider’s view on why remote and offshore staffing is radically changing the future of work.

3 Value Bombs

1) Hard work and grit will lead you to success.

2) The world is moving towards a single global economy and workforce.

3) Options and opportunities for your business, the world, and how employment works are quickly changing.

Sponsors

HighLevel: The ultimate all-in-one platform for entrepreneurs, marketers, coaches, and agencies! Learn more at HighLevelFire.com!

Freedom Circle: A powerful community of entrepreneurs led by JLD! Are you ready to go from idea to income in 90-days? Visit Freedom-Circle.com to learn more.

Show Notes

**Click the time stamp to jump directly to that point in the episode.

Today’s Audio MASTERCLASS: Inside Outsourcing and the Future of Work with Derek Gallimore

[1:45] – Derek shares something he believes about becoming successful that most people disagree with.

  • He believes that hard work and grit will lead you to success. There are no shortcuts; you have to put in the hard work. Do the reps.

[2:28] – Derek talks about the future of work as digital, remote, and global.

  • There is a huge trend now with things that can be done online.
  • The future work is digital, and almost everything has recently moved to remote.
  • The world is moving towards a single global economy and workforce.

[4:07] -Derek talks about how work is dramatically changing, especially since COVID.

  • During the pandemic, most people were forced to work remotely. The concept of work dramatically changed.
  • It taught us that technology is available for remote, digital, and global work.
  • We were faced with labor shortages, soaring salaries, and high inflation.

[6:08] – Derek talks about the Great Resignation, labor shortages, and soaring employment costs.

  • Many highly qualified workers are available worldwide, and they are now increasingly connected digitally.
  • Whatever skills you need for your business, they are available globally, and you have the opportunity to access them at a lesser cost.
    • The outsourcing industry is a sleeping giant. It has existed for about three decades.
    • You can tap into a staffing solution and staffing partner to help you build your business.

[10:17] – A timeout to thank our sponsor.

  • HighLevel: The ultimate all-in-one platform for entrepreneurs, marketers, coaches, and agencies! Learn more at HighLevelFire.com!

[12:00] – What does the future hold for outsourcing and offshore staffing?

  • Keep in mind that outsourcing is a fancy word for traditional employment. The only difference is that someone is sitting in a different location from you.
  • Treat your offshore staff as you would your regular employees.
  • In the past, only big industries could access the outsourcing industry because the technology was expensive
  • Nowadays, technology is in the cloud, is cheaper and is more accessible.
  • It has a significant impact on the offshore industry, and this powerful tool is now accessible to small and medium-sized businesses across the globe.

[16:06] – How can businesses find highly skilled professionals at a 70% discount?

  • The vast majority of the world has lower salaries than in the US, and their living cost is significantly lower.
  • The Philippines is the center of the global outsourcing industry.
    • $500-$1000 per month salary is a fantastic opportunity for employers and employees.

[20:03] – Why do you believe that outsourcing is the single most powerful tool in business?

  • Businesses are nothing without their people.
  • We are now moving towards the 4th Industrial Revolution, and it is more about professional services, intellectual property, and IT software.
  • People are the most critical part of the business, and with outsourcing your business has the opportunity for growth and innovation.

[24:21] – Derek’s parting piece of guidance.

  • Start to explore options and opportunities for your business, the world, and how employment work are quickly changing. There is a  risk that you can get left behind.
  • Outsource Accelerator – Enabling extraordinary outsourcing
  • Inside Outsourcing – Check out Derek’s new book: an insider’s view on why remote and offshore staffing is radically changing the future of work.

[25:36] – Thank you to our Sponsors!

Killer Resources!

1) The Common Path to Uncommon Success: JLD’s 1st traditionally published book! Over 3000 interviews with the world’s most successful Entrepreneurs compiled into a 17-step roadmap to financial freedom and fulfillment!

2) Free Podcast Course: Learn from JLD how to create and launch your podcast!

3) Podcasters’ Paradise: The #1 podcasting community in the world!

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