being in a country you want to outsource to

[betaMale]

hi everybody!
quite new here, I read now Tim's book (almost done) and have a quest. :)
I'm 22, living in one of those countries you call 3rd world ( :/ ) and Tim in his book says you should outsource your business in one of these countries (where people for 4$ an hour will do your 40$/hour job). he exemplifies - india. I am not indian, I'm european, though here everyone is paid 4$/hour (average) :)
where should *I* outsource my future business (I plan to have one in months)
or should I just leave and get a life in US or an European country so that I could earn more and gain this difference between my paid hour and my outsourced virtual assistant's salary?
thx everyone for kind answers.
ps: anyone from 3rd world here, or just me? :rolleyes:

[bmonsma]

Hey,

What sounds most logical to me is make your product and start selling it, then use the revenue to pay for automation. What really are you going to outsource if you don't have a product/business? The exercises in the book don't take long or that much money, so perhaps use a bit of savings if you can spare it and get to work on an informational product with little overhead that you can drop ship.

Good luck!

Brandi

[kamakiri]

If you have no need to get one, then don't waste your time thinking about it any longer.

[Sven]

Am I missing the point here?

You have an abundance of cheap labour at your fingertips and don't know what to do with it?

Or is your question actually how to sell a product from a third world country to a western country?

[webgal]

Am I missing the point here?

You have an abundance of cheap labour at your fingertips and don't know what to do with it?

Or is your question actually how to sell a product from a third world country to a western country?

I thought the same thing as Sven.

[Dus10]

Stay where you are and outsource locally; change your market to somewhere that will pay more for your goods/services that you can get locally.

It is called arbitrage. If you live somewhere expensive, get your stuff somewhere cheap; if you live somewhere cheap, sell your stuff somewhere expensive.

[DaveCraige.com]

what part of india are you living in?

its tough finding great people no matter where you live.

[Darren]

hi everybody!
quite new here, I read now Tim's book (almost done) and have a quest. :)
I'm 22, living in one of those countries you call 3rd world ( :/ ) and Tim in his book says you should outsource your business in one of these countries (where people for 4$ an hour will do your 40$/hour job).

I think you should look around for people in your area who are very good at being a VA and open up shop as a VA. Undercut the big guys, over-deliver. Offer low prices for excellent or good work, and you will be very wealthy.

You might even find government incentives to employ people or many other options.

[FreedomFinder]

If you read my other thread, I was looking to hire a really cheap Virtual Assistant. Let me know when you're ready to accept you're lot in life. ;P jk

[kamakiri]

However much of a joke that might have been, it is actually not a bad idea.

Beta - What are your goals? Can you effectively sell something in another country and make more money than you could being a private PA to people you found on the net? Knowing about the 4HWW, and having a good command of English might just be the ticket to a better lifestyle.

Just an example, to the average 35 year old American gamer, spending $10 on WoW gold isn't much when you consider that the average player needs to grind for 6 hours to get that much gold. On the flip side, $10 for 6 hours in China is a great wage. If you can find the same gaps in income/time you might be on the fast track to leveraging your time for far more money than you could perusing other options.

[lerenah]

I'm currently in India, too. Researching the same thing, how to get some automated income. I was even thinking of marketing to people interested in Indian tribal jewelry and handmade items for when I head up to Rishikesh, but there's just not enough people googling those keywords. So, I can relate nonetheless.

[betaMale]

thanks everyone for so many replies, really didn't expected so much. sorry,also, for my late intervention
so, I'll try to relpy to some of your questions/suggestions:
bmonsma: "make your product and start selling it"
that's a great idea and this is what I intend to do in the next month, thx

Sven: "You have an abundance of cheap labour at your fingertips and don't know what to do with it?"
yes, there's a lot of new graduates each ear which finish their studies in foreign languages here and remain unemployed, so it is abundant, but I still feel you don't get the point:
I create a product and sell it in a third country (where I live). This product will have a lower cost by default, people can't afford expensive products, I will have some revenues, but these revenues won't be comparable with those you make in western countries. For you - getting a VA will save the day - you get 20$/hour, pay 4$ the VA and you still win. For me, having 4$/hour, who can I pay to do my job? :)

Dus10: "If you live somewhere expensive, get your stuff somewhere cheap; if you live somewhere cheap, sell your stuff somewhere expensive"
thx, great idea :)

DaveCraige: "what part of india are you living in?"
I'm in the Eastern Europe

Darren: "look around for people in your area who are very good at being a VA and open up shop as a VA"
the idea rocks!

FreedomFinder: "I was looking to hire a really cheap Virtual Assistant."
and I am looking not to burry myself in your 9 to 5 problems :)

kamakiri: "Beta - What are your goals?"
I'm a student in medicine and will finish in 2 years. I wanto start importing some medical products in my country and therefore I need some money to invest... my goal is to reach a 500$/month in the next year and to automate as much as possible

thx everyone for participating, add more of your ideas and suggestions on how people from third countries could efficiently outsource as well as those from western ones...
regards :)

[Sven]

Ah, that's not third world, I think that's second world if you want to label it. But I get the point. I think that if you have a problem in finding what to do with the cheap labour, find a different product or market.

[DaveCraige.com]

where in india are you guys? im in Chennai

[lerenah]

Right now I'm in Delhi, but heading to Rishikesh tomorrow. How do you like Chennai? I didn't find much to do there.