Every Successful Tech Startup has Three Things in Common:

• The “great idea"
• Product-market fit, and
• An efficient software development team to make that “great idea” a reality.

That said, building a startup is no mean fit. You can’t afford a mistake at any point, especially in the software development stage. Here, you must consider the various steps involved, from planning, analysis, product design, development, implementation to testing and maintenance. Each of these may require different services, depending on your product needs and resources.

It already feels overwhelming, right?

What if you can have all these processes running efficiently without having to concern yourself with its tedious details?

Outsourcing your software development affords you the time to focus on growing your startup, gaining traction, and other things that can boost your bottom line.

Still not sure about outsourcing? Read on to find out more.

Reasons You Should Outsource Your Software Development

Avoid Hiring Mistakes

Hiring the right talent often requires skill and a strategic approach. Even experienced recruiters sometimes struggle to find the perfect hire. According to Jack Welch, ex-CEO of GE, if you get it right over 50% of the time, you're a talented executive search consulting and recruitment service provider.

As a CEO, you'd need to first source for talents if you opt for in-house hiring. Finding suitable candidates would imply that you know what to look for in the talent market.

You're probably thinking: "I don't need to seek out candidates myself."

While that may be true, you'd definitely need to interview them, or at least set up or pay an in-house team. It doesn't end there; you’d also need an onboarding team or personnel who will handle the paperwork and other onboarding stuff.

According to statistics, it takes an average of 30 days to hire a developer in the US, and a cost average of $22,000 to $31,000, depending on whether you hire via a recruiter or not.

So weigh it up yourself. Would you rather build an in-house team, which may require five times the process and cost described above? Or outsource to a company that has done all the hard work to set in place the best talents in the industry.

Remote Working is Becoming the Norm

I recently read in the Business Insider that the $1 billion startup, Automattic, decided to close its San Francisco office because workers mainly were working from home.

Gitlab, a fully remote company from the onset, has had hundreds of developers working together on the same platform since its inception. Other fully remote big guns are Quora and Fujitsu. (They've both been fully remote since 2020).

Also, the coronavirus pandemic, no doubt, is responsible for the increase in the adoption of the remote working concept. Many businesses were forced to go remote but are now more than willing to stay there because of its benefits. What's more, we're slowly getting to a stage where remote working is a prerequisite for brand growth.

Why is all this important to you?

If you haven’t already, this is an opportunity to join the telecommuting train. You don’t want to get left behind.

The line between your software development team's location and your bottom line is growing thinner by the day. This means that where your team works has little to do with your startup’s growth. So, why incur the extra cost and waste precious time with in-house hiring.

If successful startups find it easier to run and scale their business remotely, I don't see why you shouldn't.

Focus on What You’re Good At.

Here are perfect examples of what this reason is about.

Slack needed to improve its user experience (UX) amidst other growth campaigns. They outsourced this project so they could focus on other core areas. This move meant they were able to improve UX while maintaining focus on other business objectives. Today, Slack’s UX is its unique selling point.

Also, Fab, whose founder is Jason Goldberg, a great salesman, outsourced its software development project that involved a team of over 300 people. This way, they could focus on what they were good at, which was marketing. That move saw Fab become a billion-dollar startup in no time.

In a nutshell, you should give more thought to your core business. Not to say that your software development should receive any less, but that you have the luxury of outsourcing one and not the other.

What is your main objective? Outsource your software development so you can focus on it.

For example, if your core business is selling real estate, and your software objective is to develop a system to gather real estate leads online, you don’t have to develop the system yourself.

Think of it this way, Do you want to build a software development team or launch and grow the startup you’re currently running?

We are growth pros. CONTACT US so we can help you scale your dev team with top 1% talent worldwide!