When it comes to building a scalable company, there are many obstacles that can hinder progress. One of the biggest hurdles is being able to transition away from doing everything themselves (hands-on) to becoming a vision-driven leader (transitional). The biggest obstacle is usually created by trying to do everything themselves (bottlenecking) and managing everything in-house. In order to become scalable, leaders must shift from being focused on executing tasks to delegating strategically, to accomplish this outsourced teams become significantly more transformative than merely saving money.

According to multiple studies published in the Harvard Business Review, the companies with the highest success rate are those companies that focus on their “core competencies” and delegate everything else to outside resources that specialize in what they need done. By doing this, lean startups can operate at the capacity of large, multinational enterprises.

The Foundation of Becoming Scalable

A scalable company will generate more revenue without incurring a proportionate amount of overhead expense. When using traditional hiring models, a company incurs significant “stair-step” costs when hiring a full-time employee, due to the fact that there is usually an immediate increase in expense, long before we see a corresponding increase in revenue.

Founders can utilize the business outsourcing services to create a more dynamic growth model. This means being able to quickly and easily increase your resources during busy times and to reduce your resources during slower times, thereby optimizing your burn rate. The ability to be flexible is what allows some of the largest and fastest-growing start-ups in the world to grow as quickly as they do.

Using Outsourced Teams to Streamline Operations

The best use of outsourced teams is in managing repetitive, high-volume processes. When founders try to perform administrative, technical or customer-facing functions internally in the earliest stages of their company, more often than not, they will sacrifice time to focus on really high-level innovative ideas.

Business support services also provide a level of specialized expertise that a generalist founder may not have. Whether managing a complex IT system; payroll; or performing data entry; these partners will execute with much greater efficiency and with a much greater level of process maturity than your company will develop over many years of trying to create that type of expertise internally.

Improving Business Operations with Operational Support

Operational support plays a crucial role as “the glue that connects disparate parts” to help a business grow. By outsourcing these elements, entrepreneurs can:

• Connect to the Global Talent Pool: There is no longer a need to only rely on local talent. As a result, entrepreneurs are able to hire the most talented professionals on a global scale.

• Innovate: By outsourcing “day-to-day” tasks, entrepreneurs will now have the time and focus necessary to address complicated market challenges.

• Minimize Risk: When using outsourced business services, they typically come with predetermined compliance and security standards which provide less liability for the entrepreneur.

The Harvard Business Review’s perspective on delegation

Delegating is not about getting rid of work but instead about creating an optimized value chain when using business support services. When you outsource business support services, you are buying back your most important resource, which is time. Successful founders will never truly scale without realizing that they don’t have to (and do not) be the smartest person in every room they work in.

Conclusion – The Road to Growth

Creating a scalable business requires your mindset to shift from doing to leading. Building an organization that is sustainable, flexible and ready for rapid growth requires you to engage operational support from external experts.

Bexcod specializes in providing founders with high-level business support services, so they can circumvent their current growth ceiling. From the initial strategy to long-term execution, our team of outsourcing specialists are here to help you create the future of your industry. Focus on your vision, and we will take care of everything else.

If you are ready to build a business that grows without consuming you, schedule a call with our experts at Bexcode. We will help you design outsourced support that fits your goals and evolves with your business.