In this podcast episode, Derek is joined once again by Nick Sinclair of Outsourced Accountant. He came to the Philippines and built a back office and then pivoted into BPO that offers accounting niche. In the discussion, Derek talked about Nick’s journey about outsourcing and the fantastic opportunities for business.

 

Key Points:

The challenge is that they could be fundamentally a really strong accountant but if they don't have strong communication skills and the ability to learn at a fast rate then they're just not going to work in the BPO or the outsourcing environment.

It’s easy to get 10, 4, 5 staff up and running in the Philippines.  If one leaves, then you still have more trained staff compared to that 1 person you can hire in Australia. They're going to use you for experience and then they're gonna go off to somewhere else and get paid more.

Resources:

https://outsourceaccelerator.com/111

http://www.nicksinclair.com.au/