This document provides tips for small businesses on successfully outsourcing projects and avoiding common mistakes that lead 50-70% of outsourcing projects to fail. It advises outsourcing development before offshoring to overseas teams, maintaining close communication with outsourced teams through regular feedback and project management tools, and focusing on continuous improvement after launching instead of considering the project complete.

1. Stop. You may fail at outsourcing!
Why your small business peers fail at outsourcing & how you can avoid their mistakes!

2. 50% to 70% of the outsourcing projects
FAIL !
Firms with < 5 employees and $500M revenue lose
$50B every year
Okay! Let’s face it

3. Your vendor knows more about themselves than you
Less in-house IT skills than your F500 counterparts
Analyst firms won’t help you
Here’s what’s killing you!

4. Reach out to your peers who outsource
Use their expertise in choosing and evaluating the dev shops
Still feeling helpless?
Read further …
How can I be saved?

5. Never outsource your thought process. Only you could
paint your dream.
Outsource, before you offshore. Overseas management as
a beginner is pain
Here are some more pointers!

6. Ask for – Years of existence, Team Size, Projects done,
Related Projects, Time taken, References
Talking to a dev shop? Ask for numbers!
Evaluate like a Pro with our tools - http://bit.ly/1bJbpMW

7. Follow up regularly with the dev shops
Stay on top of what’s being built (at least every alternate day)
Give them regular feedback
Use a Project Management tool for regular two-way communication
Outsourced? You job doesn’t stop there!
Know “how to get the best out of your Outsourced Team” http://bit.ly/17fyt3j

8. 8
Building a product is not a discrete one step activity.
It’s just the beginning of a long conversation with your customer base!
Think beyond the first release.
Think about continuous investment in engineering and build capacity to manage that process!
Remember - Launch is just where you start!

9. Building a product or scaling it? Let’s talk
Email : vijay@contractiq.com
We’re on LinkedIn, Twitter & Facebook as “ContractIQ”
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