Outsourcing has become a natural part of everyday business activities. The increasing complexity of economic activity and the fast-growing demand for narrowly focused specialists require many entrepreneurs to make decisions about transferring some business processes to contractors.
In this case, outsourcing becomes a convenient way for businesses to optimize their spending and improve service quality. At the same time, outsourcing is a broad concept. It has long become a familiar part of the IT industry and several other areas. Nearshoring services are also a promising field of development for business process distribution. In the article, we will talk about the role of podcasts about nearshoring for business, explain what is nearshoring and its importance in a nearshoring guide, and how useful it is for business development.
What Should You Know About Nearshoring?
In a nutshell, nearshoring is when you transfer some range of your company’s business processes to a third-party enterprise (contractor) located in a neighboring country or nearby time zones. In the modern economy, a nearshoring strategy is frequently related to IT outsourcing, but it is not limited by IT only. Outstaffing, onshoring, and IT staff augmentation are also some subtypes of outsourcing, but they differ significantly from nearshoring.
Nearshoring can become a convenient way out of a situation when you have limited budgets or there is a need to hire highly specialized specialists. The establishment of a separate department, employee recruitment, training, and labor remuneration is a very costly process. Meanwhile, nearshore IT services is a good option for you to find a dedicated team with certain expertise, knowledge, and experience in nearshore software development, for instance. Neighboring country or same time zone location of a nearshoring contractor will simplify communication and allow you to avoid delays or deadline breaches.
However, where do you start? Let’s imagine that you are on the verge of creating a young service company that needs to automate several IT processes. Together with your partners, you have already spent significant capital. Therefore, you are looking for ways to optimize costs and get high-quality IT maintenance. How to define a strategy? How to find a reliable contractor? And where to look? How to recognize a reliable partner from a fraudster?
Business Awareness Through Listening Podcasts
As obvious as it may sound, podcasts can help you with this matter. The podcasting industry continues to boom these years. According to the Global Podcasting Market (2020 to 2026) research, the podcasting market will be valued at $41.8 billion in 2026. Researchers claim that in 2017 alone, New York City had about 42 million weekly podcast listeners. That makes sense. A podcast as a convenient way of learning new information has become very comfortable in the modern world – constantly busy and not having time to read. As such, business topics, as well as in the book industry, have occupied a separate niche in podcasting.
Many businessmen, businesswomen, and business coaches host their podcasts where they share important details about how to make money. Painstaking work, fast ups, and equally fast falls – this always affects. This can become a source of very important and necessary information for aspiring entrepreneurs.
Entrepreneur, business advisor, and online-marketing professional Murray Newlands argues that podcasting makes learning easier and more convenient and that business thematic is one of the 5 most popular genres in the podcast industry.
Business podcasting offers its listener unique data. From the experience of a successful launch of a large business network to venture capital failures and how to avoid them.
Podcasting is a business project. Companies such as Apple, Google, and Amazon are pioneers of it and they see podcasting as a very profitable area for investment and subsequent profits.
It should be noted that the web has a different number of platforms that combine podcasts of a certain topic. The Enterprise Podcast Network, for example, offers a unified business podcast network. The hosts and authors are successful businessmen and businesswomen who are ready to share their own experience, knowledge, and advice.
Listening to podcasts is a convenient way to raise your business awareness not only for successfully starting a business but also for learning how to work with business partners. An outsourced contractor is an integral part of your business, and the ability to work with him effectively is the foundation of your profits. And the realm of podcasts comes to the rescue here as well.
Podcasts and Nearshoring
The nearshoring industry is an integral part of the podcasts. Looking for contractors, experience in implementing outsourcing practices and hints in working with remote teams – the experience of successful entrepreneurs will allow you to understand which mistakes to avoid and which steps to repeat.
Surprisingly, nearshoring can also be an integral part of the podcast industry as such. Many public and popular podcast hosts outsource the processing and mixing of material to geographically close teams specializing in audiovisual content creation. Another proof of the pervasiveness of nearshoring processes in the modern business ecosystem.
Meanwhile, the podcast sphere includes many projects that openly and easily talk about outsourcing, including nearshoring, how it works, and what to do with it. Here are just a few examples.
The Business Development Director of Ukraine-based Mobilunity Alfonsine Williams podcast “Inside Nearshoring” is a great example of a quality synthesis of experience and innovation. Mobilunity is a well-known player in the IT outsourcing market. The author shares his own experience in the nearshoring industry and presents the listeners with the unique experience of his interlocutors, who are familiar with the pitfalls of working with outsourcing teams.
Also, pay attention to the Source One video podcast series. It explains in detail how the nearshoring industry works, its features, pros, and cons. The host emphasizes the non-obvious advantages of nearshoring over offshoring – outsourcing business processes to a team in any country in the world. It bears noting that in this case that offshoring most often involves hiring an outsourcing team in countries where the cost of their labor is significantly lower.
Conclusion
As you may have guessed, podcasts are an endless source of knowledge and experience on how to run a successful business. And now, having received the information you need, you were inspired and, together with your partners, found an excellent nearshoring contractor for your service company. Your limited capital allows you to work with them, and the geographically close location and minimal cultural difference allow you to avoid any major communication problems.
This is an amazing success. And it became possible, among other things, thanks to the huge body of knowledge business podcasts store. Starting from general familiarity with basic business processes, market rules, and competition, and ending with the features of nearshoring practices and its tips. Business podcasts provide you with an intelligent foundation for building your business, while nearshoring contractor provides you with cost optimization and a skilled remote team. A team that will make your IT unsinkable and your customer and user experience memorable.
