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05-22-2007, 05:18 PM
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#1
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Full time employment: Posting here.
Join Date: Jun 2005
Posts: 761
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Outsource your job
This is just a hypothetical thought so humor me:
What if an employee that works from home outsourced his daily work tasks to someone in India and just reviewed their work and forwarded it to his boss? For example, suppose you have to complete X number of tasks or reports per day but instead forward the task to someone in India for a 1/3 of your pay. Now if you had three jobs with the same income split and repeated the outsource you could make money money and thus RE! 
__________________
You take the blue pill - the story ends, you wake up in your bed and believe whatever you want to believe. You take the red pill - you stay in Wonderland and I show you how deep the rabbit-hole goes.
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05-22-2007, 06:03 PM
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#2
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Confused about dryer sheets
Join Date: May 2007
Posts: 2
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sure...sounds like a plan...
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05-22-2007, 06:51 PM
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#3
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Moderator Emeritus
Join Date: Dec 2005
Posts: 10,125
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Wasn't this in one of the Dilbert books? Still not a bad idea.
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05-22-2007, 08:54 PM
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#4
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Gone but not forgotten
Join Date: Aug 2006
Posts: 6,924
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I know I've seen it in cartoons.
I think Doonesbury (among others).
__________________
"Knowin' no one nowhere's gonna miss us when we're gone..."
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05-22-2007, 09:01 PM
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#5
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Moderator Emeritus
Join Date: Dec 2005
Posts: 10,125
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Of course, if you are the Arif who is working on my GNA PTP project, I am going to want a cut.
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05-23-2007, 02:17 PM
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#6
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Dryer sheet wannabe
Join Date: Apr 2007
Posts: 15
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I'm a software engineer. While picturing this, I can see a lot of overheads on my part just to communicate and pass materials back and forth. I would not want to give up my password to India. The overheads can be shared if you have a bigger team.
__________________
www.FinancialJungle.com
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05-23-2007, 03:04 PM
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#7
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Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
Join Date: May 2005
Posts: 16,729
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Well... if you were an employee, then it would be a problem.. they hired YOU to do the work...
If you were on a contract, unless they said they wanted you, then maybe you could do this. Think lawyer or accountant... most of the time someone else does the dirty work...
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05-23-2007, 05:41 PM
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#8
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Thinks s/he gets paid by the post
Join Date: Feb 2003
Location: Mesa
Posts: 3,588
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Reminds me of a conversation I had with a colleague right after the Soviet Union opened up. He had been tasked with going over there and finding technical companies to fund. I asked how it was going and he told me, "We can hire 6 engineers in the Soviet Union for the cost of hiring one in the US. And if we work really hard at it, we can get almost as much work out of 6 of them." 
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05-24-2007, 12:29 PM
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#9
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Full time employment: Posting here.
Join Date: Jun 2005
Posts: 761
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__________________
You take the blue pill - the story ends, you wake up in your bed and believe whatever you want to believe. You take the red pill - you stay in Wonderland and I show you how deep the rabbit-hole goes.
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05-24-2007, 02:38 PM
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#10
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Full time employment: Posting here.
Join Date: Jan 2004
Posts: 851
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 Quote:
Originally Posted by Arif
This is just a hypothetical thought so humor me:
What if an employee that works from home outsourced his daily work tasks to someone in India and just reviewed their work and forwarded it to his boss? For example, suppose you have to complete X number of tasks or reports per day but instead forward the task to someone in India for a 1/3 of your pay. Now if you had three jobs with the same income split and repeated the outsource you could make money money and thus RE! |
This is essentially how I was able to ER, though I was self-employed software developer, not an employee.
Had a great business making 6 figure salary getting paid by the hour to develop software for big businesses (most in financial services)...the work poured in, I couldn't keep up, so I advertised locally, and couldn't find anyone willing to do the work for what I would pay, so I looked overseas and eventually hired several individuals in the Peoples Republic of China, and then several more in Pakistan. The chinese I paid $8/hr, and the Pakistani's I paid $12/hr...I billed each one out at over $100/hour for a good amount of time before the IT bubble burst. None of my clients ever knew it wasn't me that was doing the work; as far as they were all concerned I was a one-man shop. (and all were very happy with the work).
Needless to say, it was very profitable. Now outsouring is commonplace and its harder to make those kind of margins, but it was fun while it lasted.
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