Business Process Outsourcing (BPO) = Global Fusion

I'm about to reveal a secret that will unleash a floodgate of opportunities for you, and I'll explain why. 

It's a strategy that is so powerful it can be applied across every industry. It's the BPO method and it has the power to catapult small businesses into large, multinational corporations in just moments.

This blog post will show you how to use BPO, break down its components, and point out some pitfalls on the way. The BPO model will then be explained in detail. In the end, you'll learn how to use the BPO method to build your own BPO company with your hot new idea, and I'll explain the secret formula for success that I've been using for my business. You see, this post isn't a substitute for reading up on the BPO method in depth yourself. Sure, most of this article will be useful as a refresher course or as an introduction to someone just starting out. But don't let that fool you into thinking you're only 'getting started'. If you're intent on taking this route for your business, then you're going to need a massive amount of information (many sources! ) and act on that knowledge immediately.

You see, when I first started my business, I learned a lot from other businesses and entrepreneurs who'd been in the game a lot longer than me. They shared their knowledge with me freely, as if they could see into my future. This blog post is my small token of appreciation to them and every other person who's been generous enough to share their knowledge with me.

There's an old saying that goes: "Give a man a fish, feed him for one day. Teach a man to fish and feed him for life. " But that saying doesn't really apply to BPO. My advice is a bit more nuanced, something like:  "Give a man the tools for success and those tools will be used for success."

The BPO method is built on the belief that when you share knowledge, you will eventually make it into a business. (Which means, of course, that all you have to do is train other people to use your knowledge and they're going to start making money from it).

The value in this model isn't just that everyone wins - it's that everyone wins. You see, part of my fascination with BPO is how it holds the power to unite people from all different backgrounds.

We've all undoubtedly heard of the power of global BPO. It's an industry that is estimated to be worth around $100 billion a year, and yet it is still grossly underutilised. In fact, there are only around 40 BPO companies in the world with more than 100 employees.

Why? My belief is that people need a reason to take on this kind of subject - and the only reason I can think of isn't always the healthy one. If a person is working in their family business, they will often feel pressure to continue making money from their own business. But they don't have to. If they're working at a job they hate, they can feel a similar pressure to keep their current position and make money from it. However, this 'pressure' is actually working against them as it will prevent them from creating something new.

Then there are people who don't recognise the potential in this field because of the negative stigma associated with outsourcing. ("They'll take our jobs!", "It's not fair for them to earn less than us!") Why do I think these views are false? Because when a person outsources work, it doesn't mean that the work will be done by someone else - it means that more jobs will be created.

So, what is the BPO method?

In a nutshell, the BPO method is a way to build your own business by outsourcing work. This can be anything from making phone calls for that random customer who's not sure if they're going to call you back all the way up to managing your own website.

This method also offers a lot of benefits. The way I see it, there are three main benefits:

1) When you outsource work, it's more likely to get done faster (less time wasted on tasks you don't need doing) and hence the costs go down. In summary: BPO makes money.

2) Outsourcing work allows you to focus on other things. This is a major benefit and one of the main reasons I chose to outsource my own work to begin with. The more time I can spend on other parts of my business, the better I'll do at making money.

3) Outsourcing gives you the opportunity to find new customers and try out new ideas. What's more, you don't have to be an expert in that area - as long as somebody has data or expertise in that area and is willing to share it with you, your business could be up and running very quickly.

These three factors are what drive my company and almost every other company that subcontracts work to India.

The BPO method begins with a simple process of elimination. You first have to get rid of everything that is not essential for creating a business. The next step is to create some kind of data structure (or website) that will help you act on your data as easily as possible - this part is crucial, and will be explained in more detail later on in the blog post.

When you're outsourcing or looking for new clients, it can be easy to lose sight of your business goals if you don't have an easy-to-follow method for acting on this data. That's why it's important to have a good way to collect, organise and act upon the data you get.

Another thing to keep in mind when cutting down your work is that you're not necessarily trying to cut down on the amount of things you do - many people have this misconception. Your goal isn't to make yourself lazy or less motivated - it's to make your business more efficient. Working smarter is better than working harder, after all. If your business becomes too complicated, it can be extremely difficult (and costly) for you to take on additional staff later on.

There are lots of strategies for cutting down on work, and the most common ones involve automating parts of the work where possible. Here are a few examples:

·          You want to build an email list of subscribers so you can sell them products or services. The obvious solution is to set up some kind of autoresponder service, but in my opinion, this is not a smart way of doing things. It's better to first find out whether someone is interested in what you're selling before you spend your time and money on trying to sell it to them. You see, when people subscribe to your list, they have a reason for doing so - even if it doesn't seem like much.

Conclusion: 

I hope this post gave you some insight into the power of outsourcing. At the end of this post, I will include a more detailed description of how to get started with your own outsourcing business and how to build up its infrastructure. If you want to learn more about outsourcing, I highly recommend checking out Mike's website at www.bizopprofitsuccess.com

If you have any questions, comments or concerns please feel free to leave your thoughts below.