🌟 The Ultimate Guide to Hiring Overseas Talent for Your Business 🌟
If you're a business owner, this is probably going to be one of the most important articles you'll ever read. And if you're not a business owner, I'd say stick around because you might learn something valuable. In this article, I'll tell you my entire story of how I went from a solopreneur to building a team of over 20 people overseas. Last year, we did $2.5 million at about a 93% profit margin, and it really is all because of my overseas team. We'll go through my journey of going from 0 to 20+ overseas employees, where I hire from, what positions I recommend people to look for, how I find quality talent, delegate, and get them doing the right tasks efficiently.
🌎 Where to Hire Overseas Talent
If you're wondering how much overseas talent actually costs, it's pretty crazy. In Indonesia, where we hire, you can basically get someone for about $600 to $800 per month full-time (40 hours a week). This is a really solid wage there, so it really is a win-win-win for everyone. With overseas talent, you get reduced payroll costs, way more time and location flexibility, and a dedicated and loyal team.
🤔 What Positions to Hire for Overseas
The short answer is any position, but there are a few key positions that I think are going to really help serve your business. First is a project manager, who manages all the different projects within your company. They can do a ton of different things, like managing other contractors, having PMs within your business, and more. Another position that's similar is a virtual assistant (VA), who can do more basic tasks like going through your emails, doing research, managing contractors, and more.
We also hire a lot of video editors, graphic designers, as well as web designers. Anytime you're creating content, it's going to be a job that you guys can easily hire out overseas. And if you're trying to fill a higher-level SE Lev job, that's also a great choice for overseas people. You can save hundreds of thousands of dollars. We've done this within our own businesses. We have a head of operations for Pair that's actually in Indonesia.
📈 The Benefits of Hiring Overseas Talent
The most striking proposition for hiring overseas is the cost savings. As a business owner, of course, your net profit margin is quite important. Whenever I audit a business, I immediately go in, look at their payroll, and see how we can make this more efficient. For almost every single business out there, there are going to be roles that you can outsource overseas. And when you do that properly, you should be able to really reduce your payroll costs.
🤝 How to Find Quality Overseas Talent
It really is important to identify the top 1% of people that apply for a job and make sure you hire that specific person. If you don't hire that specific person, you'll probably run into trouble later on, and you won't get the best fit for the job. And once you hire someone, it doesn't end there. You need to really get good at delegating tasks to them, having SOPs systems, and effectively managing and communicating with that person.
🌟 The Paired Recruiting Advantage
If you want help finding the top 1% of talent overseas, more specifically in Indonesia, I really recommend using my company, Paired Recruiting. We have a local recruiting team in Indonesia, and we know exactly how to find the best talent. We can help you create SOPs, systems, and guide you along the onboarding process. We guarantee our talent for 3 months, and if for any reason it doesn't work out, we will actually replace them for free within those first 3 months.
🙋♀️ Frequently Asked Questions
Q: What countries do you recommend hiring from?
A: Indonesia is the best choice for overseas hiring. They are super hardworking, quite westernized, their English is really good, and they love these jobs.
Q: What jobs can I outsource overseas?
A: Pretty much everything. If you think about the people that are looking for jobs overseas, they are just as smart as Americans. They may not be as good at English, but if you're able to find the top 1% of talent, they're going to have really amazing English skills.
Q: How can I trust the people overseas?
A: People overseas are just as trustworthy, or even more trustworthy, than people in the United States. I actually think their work ethic is a lot better, and they really take these jobs seriously.
Q: What positions should I hire for overseas?
A: Any position, but key positions include project managers, virtual assistants, video editors, graphic designers, web designers, and higher-level SE Lev jobs.
Q: How do I find quality overseas talent?
A: It's important to identify the top 1% of people that apply for a job and make sure you hire that specific person. And once you hire someone, you need to really get good at delegating tasks to them, having SOPs systems, and effectively managing and communicating with that person.
🌟 Conclusion
Hiring overseas talent has been the best decision I've ever made for my lifestyle and business. It basically allows me to have my business run without me directly working. And if you really want to free up a lot of the daily tasks in your lives, that you guys can outsource, I guarantee you it's going to make your life a lot better. You're going to have a lot more free time, and you'll be able to spend it with friends. So, if you're watching this article and you have not yet started hiring overseas, I think you are doing yourself a huge disservice.
