4 Reasons why Startups Should Outsource their Software Development!
Mukesh Kumar Mariappan
Open to partnering options I Technologist I Entrepreneur I Sales Leader I Project Management I Transformation Specialist I Revenue Management I Customer Success I 27k+ connections
The founder of every successful startup has had the best of team who were dedicated, like minded & goal driven professionals to work for them.
Founding and managing a startup is not as easy as it might sound. That is why startup owners face the necessity to make a decision on either to hire in-house employees or to outsource their software development process of the business.
Outsourcing is always a better choice, and here are the four major reasons why.
Why startups should outsource software development
1. Get the team to work from day 1
Every new employee needs at least a considerable time to get used to a new employer environment, dive into the new organization culture and make friends with co-workers. When you think about these figures, consider translating it all into money you will have to pay to employees while they adapt. And given that most startups have tight budgets, this issue is more critical.
When you outsource your software development to a dedicated team of developers who have already been working together for a long time, they help Startup founders by saving funds that would otherwise pay to employees that only familiarize themselves with the company and the team. Thus reducing the lead time considerably and go to the market much quicker.
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It guarantees improved communication.
The fact that this team of developers has already worked together, means that once the project starts they will work harmoniously as one whole.
This mechanism has already been shaped and transformed into its best shape previously, so now it can focus simply on your tasks and not on building bridges and warming up, as it usually happens with the in-house teams.
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2. It is cost-efficient.
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Various studies suggest that “many startups that fail?do so because they ran out of money†and almost a good number of all new companies choose to outsource to save some money.
There is?no need to pay more money?to hire a professional from your region if you can get an employee with the same or even higher expertise level elsewhere.
There might be some inconvenience due to the language barrier or time differences, but if planned and executed properly then the company to work with is chosen wisely which will reduce any unwarranted situations our of outsourcing. Today places like Chennai, Bengaluru & Hyderabad in India offer best solutions when thinking of an outsourced partners. No wonder that because of this advantages some of the biggest conglomerates in the globe had already outsourced their software development to organizations in cities like Chennai, Hyderabad and Bengaluru. ?
3. Avoid hiring mistakes! It costs a premium
Various studies suggests that around?10% of funded startups fail?to succeed due to hiring mistakes.
When you are not an HR wizard and do not really know what to look for in a developer you need for the company, then you are in for a big surprise: it is not easy to hire a real professional, the best fit and a great team player.
And relying on your gut only when choosing the candidate is not your best strategy.
Moreover, around?5% startup owners?admit that failure was caused by a lack of experience of the employees.
When using the outsourced workforce, you avoid such troubles, as outsourcing studios have professional HR doing this part of the job.
4. A Startup founder and owner gets to focus on his?tasks.
Development of your product is important, but it is not the only thing one has to do in a startup, hence outsourcing to the right team provides the business owner the right amount of time that he requires to focus on his goals. Even when some of?the team mates are not available for paternity, sick or casual leaves still in an outsourced situation the project keeps moving forward thus by giving the required support to the business owner to focus on his high priority tasks that make his goals into realty.
For a free consulting and to know more about outsourcing your software development, schedule a time with the author.