said 1 year, 1 month ago:
I’ve always been a proponent of keeping it local but over the years, we’ve moved offshore except: on US soil due to federal regulations and supporting the local community. We always give first crack to the locals.
I managed my husband’s consulting business. He was adamant in using only local programmers & developers. We were paying people $350/hr for the work and due to the cost, we had to turn down some prestigious projects such as one with Apple. Our gross profit on a $500K project was $2600 without any reserve.
We found that the work was mediocre and the delivery was slow. It was so frustrating that we hired someone to take over for me. Now, for his tech work, we send it overseas. They’re fast, responsive, creative and reasonable. We barely have to manage them.
For my own company, I hire locally and usually from the local community college instead of the university. The kids are hard working, eager to learn, and appreciate the opportunity to ramp up into more than they ever expect. We do use a VA overseas when it comes to research work. She’s a PhD and doesn’t think that it’s beneath her to do my fact checking.
The last time I offered an internship as a favor for a client, the student’s parents declined on her behalf because we weren’t prestigious enough to be on her resume.
The world is global now and we all compete on a global level. That will not go away but will intensify. Companies have to adjust to the new revolution and redo their business model.