Employee Focus on Outsourcing My Job for Less14 Sep
The Economics Glossary defines arbitrage opportunity as, “The opportunity to buy an asset at a low price then immediately selling it on a different market for a higher price.” This is the kind of opportunity any competent business person is always seeking. This guide will explain why there are a myriad of these arbitrage opportunities to be enjoyed by taking advantage of business process outsourcing to the Philippines.
Consider This Scenario
Suppose you are working a steady job that pays you $25 per hour. Now consider what would happen if you could outsource more than half of your work to the Philippines to two workers at a rate of $6.25 per hour. You would still make $12.50 for every hour of work done in the Philippines via outsourcing, but you perform less than half of your daily duties. Imagine the endless possibilities for all that extra time. Can you believe that you will have more time for pursuing the things you really love and owe it all to outsourcing?
Work Less While Making More
If what you really love is making money, why not try this little gem made possible by your ability to outsource tasks to the Philippines? Consider the possibility that you could land a second job that also pays you $25 per hour. Now suppose you were able to outsource between 50 % and 80% of that job to the Philippines on top of the outsourcing you’ve already done with your first job. You would make $50 for every hour you had to spend working at either job – on top of the $25 per hour you are making for the work you were able to outsource to the Philippines. Once you’ve become an expert in outsourcing, you may not even have to stop there. Add a third and fourth job if you can, and make yourself rich.
The arbitrage occurs from your masterful ability to profit from the discrepancy in the value of labor in the Philippines versus that in the United States. Outsourcing your own job provides endless opportunities to free up your busy schedule or give you a prime opportunity to become wealthier by using that time to garner more work and outsource more. The Philippines makes this possible by providing cheap enough labor to make this plan possible without sacrificing quality.
People will wonder how you can accomplish so much in so little time. You can decide whether or not to share your outsourcing secret. We won’t tell!
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