In Episode #61 Neil and Eric talk about the differences between hiring in-house, hiring consultants and hiring agencies. Listen as they highlight the pros and cons, share what works for their own businesses, and the stunning advantages of outsourcing.

Time Stamped Show Notes: 

• 00:29 – Today’s Topic: The Pros and Cons of Hiring In-house Versus Agency Versus Consultant
• 00:42 – Neil never hires agencies—only specific consultants
• 01:08 – Eric has an agency but would not hire an agency
  • 01:45 – Eric would go to Angel List, Indeed or Forced Hiring
• 02:08 – How the Forced Hiring tactic works
  • 02:10 – Using LinkedIn
  • 02:52 – The easy way is to just look for an agency
  • 02:58 – Agencies do not fully understand your product
• 03:18 – Be mindful of relationship dynamics
• 03:26 – Think about why you want to hire
  • 03:34 – In-house for managing the whole process
  • 03:42 – Freelancer for a specific task
  • 03:48 – Consultant for helping in strategy
• 04:10 – It depends on the task you want to get done
• 05:00 – Optimize costs and results
• 05:40 – Working with the big ones means paying for the brand name
• 06:35 – Consider your company’s culture—don’t hire solely for the results
• 07:16 – End of today’s episode!

3 Key Points:

1. Agencies bring convenience, but significant expense as well.
2. Hiring for what you need done and what fits your culture.
3. Don’t look at just the costs; look at the results as well.

Resources Mentioned:

• Angel List and Indeed – Where Eric would search for consultants
• Forced Hiring – A tactic which Eric wrote a blog about
• LinkedIn – A social media platform where you can generate leads

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