The Benefits of Outsourcing In Small Businesses
Outsourcing is a term often associated with larger businesses that need the assistance of an outside party to accomplish certain tasks. However, there are benefits to outsourcing that are invaluable for smaller businesses, including boosting employee morale due to the feeling of autonomy and control. Additionally, when outsourcing you will have less overhead cost since the work is being done by someone else which can help save money on your business overall.
There's no doubt outsourcing can give companies a competitive advantage in relation to their counterparts, but it also has some potential drawbacks that smaller businesses need to consider before jumping into any potential arrangement with an outside company. For example, the employee that you hire to do your work for you won't necessarily be competent in all of the tasks he or she does, so there is always that risk that someone else may take over the project when you least expect it. This can quickly cause another project to get stalled and become a liability and hinder your company's success.
Since outsourcing is not feasible for every small business no matter how much they want to remain competitive, many companies have begun doing smaller projects in-house. One of these companies is Mad Genius Club, which has developed a wide array of products including patterns and software that are now marketed primarily by their own employees. The company has seen great success with their focus on developing a new product every year and outsourcing such projects to freelance designers and programmers.
By: Ashleigh Brace, Business Analyst for Mad Genius Club
Mad Genius Club is dedicated to developing great products that help people become more creative in their professional careers. The company has grown from several individuals who were passionate about the idea of creating web applications to a current team of dedicated employees who are focused on innovating and growing the company into its next levels. They have been able to accomplish this by outsourcing projects to freelance workers and programmers in order to stay competitive while not having any overhead costs.
The company's goal is to grow the business and develop great products, but without having the expense of building an in-house team. As a result, they can focus on the projects that they are passionate about while hiring freelancers to help with their larger projects. In addition to saving money and time on much of their development work, this transforms into better employee satisfaction because people are more free to choose the work that they want to get involved with.
With so many small businesses failing after just a few years of being in operation, it's amazing where Mad Genius Club is as a company today because many others have tried what they ended up doing but failed miserably. They are still a young company, but so far they have been doing very well and are hoping to continue to grow at a steady pace.
Mad Genius Club was born out of the desire of the owners to create great web applications that were affordable and easy for their customers to use. The founders were inspired by the products they had seen in the past, but none of them could be used at that time because they were too expensive or too complex. Instead of giving up on their dream, they began looking for ways to make these tools affordable while providing quality products that people could actually use.
The company started off by hiring freelance designers and programmers to create their products, but as time wore on they realized that they needed to do more than just contracting out work. They soon became determined to become more involved in the entire process of creating a product. This meant acquiring the equipment and development rights for themselves so that they could begin working on the products themselves rather than just contracting out for other people to do it for them.
Instead of hiring in a handful of individuals at once, Mad Genius Club has opted to create positions designed specifically around each of the businesses responsibilities. This allows each employee to be focused on a specific skill that is relevant to the product or project they are working on. They have also put an emphasis on hiring people who are willing to work hard and learn as much as possible in order to become proficient in the areas where they are lacking. Since small businesses have so few opportunities for growth and learning, it's important that they make the most of each opportunity and take advantage of the chance they have at mastering new skills.
With a more experienced team behind them, Mad Genius Club has been able to become more efficient with their work. Not only do they save money by outsourcing projects, but their employees feel more motivated because there is more room for growth within their company with less overhead costs. By keeping overhead costs to a minimum, they are able to focus more on growing their own business and creating new products in order to remain competitive.
Mad Genius Club is constantly developing new products that are designed with the customer in mind. In previous years, they have created several different products including software that generates designs and patterns while also generating HTML code, 3D models and other types of code. The company's primary focus has been on building web applications that will help people develop better designs in a shorter amount of time.
In 2014 alone, Mad Genius Club released five new products including a training software for sale on their website at https://www.madgeniusclub.com/. The company has also been able to develop several new software options that are at the forefront of how people will be designing their projects moving forward.
The first product released by Mad Genius Club was their smartSketch 3D Modeling Technology, which was a fully automatic web-based 3D modeling tool that can generate professional looking 3D models within minutes. By simply dragging and dropping building blocks together, the user can create an entire design without having any prior knowledge in how to program or use a computer. This software makes it quick and easy for anyone to model their own business logo or design a toy for a child without having to worry about learning how to code.
The company then came out with their website tools, which allows users to create an original design for a website without being involved in HTML coding. With nothing more than a few clicks, users can add text, images and create an interactive map on the front page of their site all within a couple minutes. Those who are not familiar with HTML coding or website design can find this tool especially helpful because it takes the difficult elements out of web design and makes it easy for anyone to create a beautiful and professional looking website without needing any knowledge in code.
Conclusion
The founders of this company have gained much experience building a software technology firm. Learning from past mistakes and failures, they have been able to create a framework that prevents them from repeating them in the future. They have also built an organization that allows each employee to contribute and grow while simultaneously making it easy for them to learn new skills which will help them to be more competitive in the industry.
Mad Genius Club has achieved success not only through their own efforts, but by creating products that are useful and useful for customers as well.